National Security Group
Market Cap
US$29.0m
Last Updated
2019/08/19 23:40 UTC
Data Sources
Company Financials
Executive Summary
The National Security Group, Inc., an insurance holding company, provides insurance products and services in the United States.
Snowflake
Fundamentals
Moderate growth potential and slightly overvalued.
Risks
- National Security Group is not covered by any analysts.
Share Price & News
How has National Security Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
NasdaqGM:NSEC
0.5%
US Insurance
0.9%
US Market
1 Year Return
-26.8%
NasdaqGM:NSEC
8.8%
US Insurance
0.3%
US Market
NSEC underperformed the Insurance industry which returned 8.3% over the past year.
NSEC underperformed the Market in United States of America which returned -0.5% over the past year.
Share holder returns
| NSEC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.5% | 0.9% |
| 30 Day | -1.2% | -1.8% | -1.9% |
| 90 Day | 3.4% | 2.0% | 1.6% |
| 1 Year | -25.6%-26.8% | 11.5%8.8% | 2.6%0.3% |
| 3 Year | -40.3%-42.7% | 45.8%34.8% | 41.0%31.8% |
| 5 Year | 4.4%-2.1% | 66.3%46.6% | 55.2%38.0% |
Price Volatility Vs. Market
How volatile is National Security Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
The National Security Group, Inc. (NASDAQ:NSEC) Pays A 0.4% In Just 41 month ago | Simply Wall St
Is The National Security Group, Inc. (NASDAQ:NSEC) A Great Dividend Stock?1 month ago | Simply Wall St
Here's Why National Security Group (NASDAQ:NSEC) Has A Meaningful Debt BurdenValuation
Is National Security Group undervalued based on future cash flows and its price relative to the stock market?
16.95x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
National Security Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
National Security Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
National Security Group is overvalued based on earnings compared to the US Insurance industry average.
National Security Group is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for National Security Group, we can't assess if its growth is good value.
Price Based on Value of Assets
National Security Group is good value based on assets compared to the US Insurance industry average.
Next Steps
Future Growth
How is National Security Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if National Security Group is high growth as no revenue estimate data is available.
National Security Group's earnings are expected to grow significantly at over 20% yearly.
Unable to compare National Security Group's revenue growth to the United States of America market average as no estimate data is available.
National Security Group's earnings growth is expected to exceed the United States of America market average.
National Security Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if National Security Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has National Security Group performed over the past 5 years?
-43.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
National Security Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
National Security Group's 1-year earnings growth exceeds its 5-year average (64.1% vs -43.2%)
National Security Group's earnings growth has exceeded the US Insurance industry average in the past year (64.1% vs 4.3%).
Return on Equity
National Security Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
National Security Group used its assets less efficiently than the US Insurance industry average last year based on Return on Assets.
Return on Capital Employed
National Security Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is National Security Group's financial position?
Financial Position Analysis
National Security Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
National Security Group's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
National Security Group's level of debt (28.5%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (61.2% vs 28.5% today).
Debt is not well covered by operating cash flow (15.2%, less than 20% of total debt).
Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 1.4x debt.
Next Steps
Dividend
What is National Security Group's current dividend yield, its reliability and sustainability?
1.75%
Current Dividend Yield
Dividend Yield and Payments Analysis
National Security Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
National Security Group's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of National Security Group's salary, the management and board of directors tenure and is there insider trading?
17.6yrs
Average board tenure
CEO
Bill Brunson (61yo)
19.6yrs
Tenure
US$333,504
Compensation
Mr. William Lister Brunson, Jr., also known as Bill, serves as a Director of National Security Group, Inc. since 1999 and as President and Chief Executive Officer of the National Security Group, Inc since ...
CEO Compensation Analysis
Bill's remuneration is lower than average for companies of similar size in United States of America.
Bill's compensation has been consistent with company performance over the past year, both up more than 20%.
Board Age and Tenure
17.6yrs
Average Tenure
63.5yo
Average Age
The average tenure for the National Security Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
More shares have been bought than sold by National Security Group individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors VP of Finance & Operations |
| Shares | 232 |
| Max Price | US$12.18 |
| Entity | Company |
| Shares | 5,505 |
| Max Price | US$14.27 |
| Entity | Individual |
| Role | Member of the Board of Directors VP of Finance & Operations |
| Shares | 1,000 |
| Max Price | US$11.93 |
| Entity | Individual |
| Role | Member of the Board of Directors VP of Finance & Operations |
| Shares | 141 |
| Max Price | US$12.50 |
| Entity | Company |
| Shares | 1,581 |
| Max Price | US$12.70 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,360 |
| Max Price | US$13.50 |
| Entity | Individual |
| Role | Member of the Board of Directors VP of Finance & Operations |
| Shares | 200 |
| Max Price | US$12.51 |
| Entity | Company |
| Shares | 7,378 |
| Max Price | US$13.50 |
| Entity | Company |
| Shares | 200 |
| Max Price | US$14.00 |
| Entity | Company |
| Shares | 2,800 |
| Max Price | US$14.50 |
| Entity | Company |
| Shares | 587 |
| Max Price | US$14.50 |
| Entity | Company |
| Shares | 2,487 |
| Max Price | US$14.50 |
| Entity | Company |
| Shares | 1,340 |
| Max Price | US$14.50 |
| Entity | Company |
| Shares | 3,467 |
| Max Price | US$14.63 |
| Entity | Company |
| Shares | 1,316 |
| Max Price | US$14.50 |
| Entity | Company |
| Shares | 78 |
| Max Price | US$14.80 |
| Entity | Individual |
| Role | Member of the Board of Directors VP of Finance & Operations |
| Shares | 50 |
| Max Price | US$15.89 |
Ownership Breakdown
Management Team
Bill Brunson (61yo)
President
- Tenure: 19.6yrs
- Compensation: US$333.50k
Brian McLeod (50yo)
VP of Finance & Operations
- Tenure: 3.3yrs
- Compensation: US$284.32k
Laura Jordan
Secretary
- Tenure: 0.0yrs
Betty Brunson
Human Resources Director
- Tenure: 0.0yrs
Board Members
Bill Brunson (61yo)
President
- Tenure: 19.6yrs
- Compensation: US$333.50k
Mickey Murdock (77yo)
Director
- Tenure: 43.3yrs
- Compensation: US$28.00k
Walter Wilkerson (71yo)
Chairman of the Board
- Tenure: 1.6yrs
- Compensation: US$28.50k
Jack Brunson (63yo)
Director
- Tenure: 20.6yrs
- Compensation: US$238.91k
Fred Clark (59yo)
Director
- Tenure: 23.3yrs
- Compensation: US$25.00k
Frank O'Neil (66yo)
Director
- Tenure: 15.6yrs
- Compensation: US$26.00k
Donald Pittman (59yo)
Director
- Tenure: 17.6yrs
- Compensation: US$27.00k
Paul Wesch (64yo)
Director
- Tenure: 17.6yrs
- Compensation: US$25.00k
Fleming Brooks (74yo)
Director
- Tenure: 15.6yrs
- Compensation: US$23.00k
Brian McLeod (50yo)
VP of Finance & Operations
- Tenure: 3.3yrs
- Compensation: US$284.32k
Company Information
The National Security Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The National Security Group, Inc.
- Ticker: NSEC
- Exchange: NasdaqGM
- Founded: 1947
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$28.972m
- Shares outstanding: 2.53m
- Website: https://www.nationalsecuritygroup.com
Number of Employees
Location
- The National Security Group, Inc.
- 661 East Davis Street
- PO Box 703
- Elba
- Alabama
- 36323
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NSEC | NasdaqGM (Nasdaq Global Market) | Yes | Common Shares | US | USD | Dec 1972 |
Biography
The National Security Group, Inc., an insurance holding company, provides insurance products and services in the United States. The company operates in two segments, Property and Casualty Insurance, and Li ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/19 23:40 |
| End of Day Share Price | 2019/08/09 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.