Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 2/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
NODK Stock Overview
NI Holdings, Inc. underwrites property and casualty insurance products in the United States.
NI Holdings Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$17.17 |
52 Week High | US$21.11 |
52 Week Low | US$15.07 |
Beta | 0.37 |
1 Month Change | 3.50% |
3 Month Change | -0.52% |
1 Year Change | -14.62% |
3 Year Change | -2.50% |
5 Year Change | -3.97% |
Change since IPO | 16.41% |
Recent News & Updates
Shareholder Returns
NODK | US Insurance | US Market | |
---|---|---|---|
7D | 7.3% | 5.5% | 6.6% |
1Y | -14.6% | 1.4% | -18.5% |
Return vs Industry: NODK underperformed the US Insurance industry which returned -1% over the past year.
Return vs Market: NODK exceeded the US Market which returned -20.5% over the past year.
Price Volatility
NODK volatility | |
---|---|
NODK Average Weekly Movement | 4.6% |
Insurance Industry Average Movement | 4.9% |
Market Average Movement | 8.0% |
10% most volatile stocks in US Market | 16.6% |
10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NODK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NODK's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1946 | 206 | Jim Alexander | https://www.niholdingsinc.com |
NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company’s products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota.
NI Holdings Fundamentals Summary
NODK fundamental statistics | |
---|---|
Market Cap | US$364.61m |
Earnings (TTM) | US$656.00k |
Revenue (TTM) | US$319.32m |
555.8x
P/E Ratio1.1x
P/S RatioIs NODK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NODK income statement (TTM) | |
---|---|
Revenue | US$319.32m |
Cost of Revenue | US$318.07m |
Gross Profit | US$1.24m |
Other Expenses | US$585.00k |
Earnings | US$656.00k |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.031 |
Gross Margin | 0.39% |
Net Profit Margin | 0.21% |
Debt/Equity Ratio | 0.0% |
How did NODK perform over the long term?
See historical performance and comparisonValuation
Is NODK undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NODK?
Other financial metrics that can be useful for relative valuation.
What is NODK's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$364.61m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1x |
Enterprise Value/EBITDA | 130.8x |
PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does NODK's PB Ratio compare to its peers?
NODK PB Ratio vs Peers |
---|
Company | PB | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 0.8x |
Price-To-Book vs Peers: NODK is expensive based on its Price-To-Book Ratio (1.1x) compared to the peer average (0.8x).
Price to Earnings Ratio vs Industry
How does NODK's PE Ratio compare vs other companies in the U.S. Insurance Industry?
Price-To-Book vs Industry: NODK is expensive based on its Price-To-Book Ratio (1.1x) compared to the US Insurance industry average (1x)
Price to Book Ratio vs Fair Ratio
What is NODK's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PB Ratio | 1.1x |
Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate NODK's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NODK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NODK ($17.17) is trading below our estimate of fair value ($27.65)
Significantly Below Fair Value: NODK is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NODK's PEG Ratio to determine if it is good value.
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Future Growth
How is NI Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.8%
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 NI 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.
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- Examine NI Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Past Performance
How has NI Holdings performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NODK has high quality earnings.
Growing Profit Margin: NODK's current net profit margins (0.2%) are lower than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: NODK's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: NODK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NODK had negative earnings growth (-98.8%) over the past year, making it difficult to compare to the Insurance industry average (-2.6%).
Return on Equity
High ROE: NODK's Return on Equity (0.2%) is considered low.
Discover strong past performing companies
Financial Health
How is NI Holdings's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NODK's short term assets ($131.2M) do not cover its short term liabilities ($278.3M).
Long Term Liabilities: NODK's short term assets ($131.2M) exceed its long term liabilities ($13.5M).
Debt to Equity History and Analysis
Debt Level: NODK is debt free.
Reducing Debt: NODK had no debt 5 years ago.
Debt Coverage: NODK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NODK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is NI Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NODK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NODK'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 NODK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NODK's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NODK has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Jim Alexander (55 yo)
5.25yrs
Tenure
US$2,270,551
Compensation
Mr. Michael James Alexander, also known as Jim, BA, MA, has been Chief Executive Officer & President at NI Holdings, Inc. since March 2017. Mr. Alexander has been Chief Executive Officer of Nodak Insurance...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD2.27M) is about average for companies of similar size in the US market ($USD2.71M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NODK's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: NODK's board of directors are considered experienced (6.4 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NI Holdings, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: NI Holdings, Inc.
- Ticker: NODK
- Exchange: NasdaqCM
- Founded: 1946
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: US$364.608m
- Shares outstanding: 21.24m
- Website: https://www.niholdingsinc.com
Number of Employees
Location
- NI Holdings, Inc.
- 1101 First Avenue North
- Fargo
- North Dakota
- 58102
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/24 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.