Midwest Holding Valuation

Is MDWT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MDWT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MDWT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MDWT's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MDWT?

Key metric: As MDWT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MDWT. This is calculated by dividing MDWT's market cap by their current revenue.
What is MDWT's PS Ratio?
PS Ratio	1.1x
Sales	US$94.04m
Market Cap	US$101.07m

MDWT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MDWT's PS Ratio compare to its peers?

The above table shows the PS ratio for MDWT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.9x
UTGN UTG	1.1x	n/a	US$89.1m
PKIN Pekin Life Insurance	0.8x	n/a	US$200.5m
CIA Citizens	1x	2.9%	US$239.6m
KCLI Kansas City Life Insurance	0.6x	n/a	US$349.3m
MDWT Midwest Holding	1.1x	19.0%	US$101.1m

Price-To-Sales vs Peers: MDWT is expensive based on its Price-To-Sales Ratio (1.1x) compared to the peer average (0.9x).

Price to Sales Ratio vs Industry

How does MDWT's PS Ratio compare vs other companies in the US Insurance Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap
GOCO GoHealth	0.2x	8.0%	US$263.41m
CCG Cheche Group	0.1x	5.6%	US$67.73m
AAME Atlantic American	0.2x	n/a	US$33.25m
CNFR Conifer Holdings	0.2x	n/a	US$14.67m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MDWT is expensive based on its Price-To-Sales Ratio (1.1x) compared to the US Insurance industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is MDWT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MDWT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.1x
Fair PS Ratio	1x

Price-To-Sales vs Fair Ratio: MDWT is expensive based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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