ICC Holdings
Market Cap
US$38.1m
Last Updated
2020/10/26 05:26 UTC
Data Sources
Company Financials
Executive Summary
ICC Holdings, Inc., through its subsidiary, provides property and casualty insurance products to the food and beverage industry in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Similar Companies
Share Price & News
How has ICC Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICCH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.6%
ICCH
3.0%
US Insurance
0.4%
US Market
1 Year Return
-8.1%
ICCH
-9.5%
US Insurance
17.8%
US Market
Return vs Industry: ICCH exceeded the US Insurance industry which returned -9.5% over the past year.
Return vs Market: ICCH underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| ICCH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 3.0% | 0.4% |
| 30 Day | 7.4% | 8.2% | 6.1% |
| 90 Day | 10.6% | 3.4% | 8.9% |
| 1 Year | -8.1%-8.1% | -7.0%-9.5% | 20.5%17.8% |
| 3 Year | -25.3%-25.3% | 3.0%-4.4% | 42.3%32.9% |
| 5 Year | n/a | 39.5%21.9% | 84.2%63.4% |
Price Volatility Vs. Market
How volatile is ICC Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
How Does ICC Holdings' (NASDAQ:ICCH) CEO Pay Compare With Company Performance?1 month ago | Simply Wall St
ICC Holdings, Inc. (NASDAQ:ICCH) Not Doing Enough For Some Investors2 months ago | Simply Wall St
Have Insiders Been Buying ICC Holdings, Inc. (NASDAQ:ICCH) Shares?Valuation
Is ICC Holdings undervalued compared to its fair value and its price relative to the market?
15.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ICCH's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ICCH's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ICCH is poor value based on its PE Ratio (16x) compared to the US Insurance industry average (14.3x).
PE vs Market: ICCH is good value based on its PE Ratio (16x) compared to the US market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ICCH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICCH is good value based on its PB Ratio (0.6x) compared to the US Insurance industry average (0.9x).
Next Steps
Future Growth
How is ICC Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.6%
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ICC Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out ICC Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Insurance industry.
Past Performance
How has ICC Holdings performed over the past 5 years?
-6.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICCH has high quality earnings.
Growing Profit Margin: ICCH's current net profit margins (4.3%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: ICCH's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: ICCH's earnings growth over the past year (104.7%) exceeds its 5-year average (-6.6% per year).
Earnings vs Industry: ICCH earnings growth over the past year (104.7%) exceeded the Insurance industry -3.2%.
Return on Equity
High ROE: ICCH's Return on Equity (3.5%) is considered low.
Next Steps
Financial Health
How is ICC Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ICCH's short term assets ($59.5M) exceed its short term liabilities ($57.6M).
Long Term Liabilities: ICCH's short term assets ($59.5M) do not cover its long term liabilities ($63.7M).
Debt to Equity History and Analysis
Debt Level: ICCH's debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: ICCH's debt to equity ratio has increased from 10.2% to 22.5% over the past 5 years.
Debt Coverage: ICCH's debt is well covered by operating cash flow (21.8%).
Interest Coverage: ICCH's interest payments on its debt are well covered by EBIT (18.1x coverage).
Balance Sheet
Next Steps
Dividend
What is ICC Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICCH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ICCH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICCH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ICCH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Arron Sutherland (52 yo)
4.75yrs
Tenure
US$588,995
Compensation
Mr. Arron Keath Sutherland has been President and Chief Executive Officer of Illinois Casualty Company since 2010 and has been its Director since 2007. Mr. Sutherland serves as President at ICC Holdings, I ...
CEO Compensation Analysis
Compensation vs Market: Arron's total compensation ($USD589.00K) is about average for companies of similar size in the US market ($USD578.04K).
Compensation vs Earnings: Arron's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.75yrs | US$589.00k | 1.93% $ 734.7k | |
| VP & Chief Financial Officer | 4.42yrs | US$206.77k | 1.3% $ 495.2k | |
| VP & Chief Information Officer | 9.75yrs | US$222.04k | 0.34% $ 130.4k | |
| Chief Legal Officer | 4.42yrs | US$175.46k | 0.18% $ 67.1k | |
| Chief Human Resources Officer | 9.75yrs | no data | 0.18% $ 69.7k |
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: ICCH's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.75yrs | US$589.00k | 1.93% $ 734.7k | |
| Independent Director | 3.75yrs | US$30.00k | 14.92% $ 5.7m | |
| Independent Director | 5.75yrs | US$33.00k | 0.49% $ 188.5k | |
| Independent Director | 11.75yrs | US$30.00k | 0.33% $ 125.7k | |
| Independent Chairman of the Board | 4.75yrs | US$35.50k | 0.33% $ 125.7k | |
| Independent Director | 6.75yrs | US$28.00k | no data | |
| Independent Director | 16.75yrs | US$30.00k | no data | |
| Independent Director | 16.75yrs | US$41.33k | 3.5% $ 1.3m | |
| Independent Director | 10.75yrs | US$28.00k | 0.16% $ 62.8k | |
| Independent Director | 12.75yrs | US$28.00k | 0.66% $ 251.4k |
11.3yrs
Average Tenure
65yo
Average Age
Experienced Board: ICCH's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ICC Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ICC Holdings, Inc.
- Ticker: ICCH
- Exchange: NasdaqCM
- Founded: 1950
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$38.121m
- Shares outstanding: 3.03m
- Website: https://ir.iccholdingsinc.com
Number of Employees
Location
- ICC Holdings, Inc.
- 225 20th Street
- Rock Island
- Illinois
- 61201
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ICCH | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Mar 2017 |
Biography
ICC Holdings, Inc., through its subsidiary, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liabi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 05:26 |
| End of Day Share Price | 2020/10/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.