NasdaqGM:UNAM

Stock Analysis Report

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Executive Summary

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Unico American's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UNAM is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: UNAM's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-2.2%

UNAM

-0.6%

US Insurance

0.7%

US Market


1 Year Return

-21.8%

UNAM

-3.8%

US Insurance

22.2%

US Market

Return vs Industry: UNAM underperformed the US Insurance industry which returned -3.4% over the past year.

Return vs Market: UNAM underperformed the US Market which returned 22.7% over the past year.


Shareholder returns

UNAMIndustryMarket
7 Day-2.2%-0.6%0.7%
30 Day-6.7%12.2%11.8%
90 Day-2.2%10.3%8.6%
1 Year-21.8%-21.8%-1.1%-3.8%25.0%22.2%
3 Year-47.1%-47.1%10.7%2.6%49.4%39.5%
5 Year-46.1%-46.1%51.8%32.9%100.2%78.1%

Long-Term Price Volatility Vs. Market

How volatile is Unico American's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Unico American undervalued compared to its fair value and its price relative to the market?

0.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UNAM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate UNAM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: UNAM is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.

PE vs Market: UNAM is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UNAM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UNAM is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (0.9x).


Next Steps

Future Growth

How is Unico American forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.1%

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 Unico American 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

Past Performance

How has Unico American performed over the past 5 years?

-29.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNAM is currently unprofitable.

Growing Profit Margin: UNAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UNAM is unprofitable, and losses have increased over the past 5 years at a rate of 29.9% per year.

Accelerating Growth: Unable to compare UNAM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UNAM is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (6%).


Return on Equity

High ROE: UNAM has a negative Return on Equity (-58.78%), as it is currently unprofitable.


Next Steps

Financial Health

How is Unico American's financial position?


Financial Position Analysis

Short Term Liabilities: UNAM's short term assets ($34.4M) do not cover its short term liabilities ($95.7M).

Long Term Liabilities: UNAM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: UNAM is debt free.

Reducing Debt: UNAM has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: UNAM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: UNAM has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 25.6% each year.


Next Steps

Dividend

What is Unico American current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UNAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UNAM'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 UNAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UNAM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: UNAM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UNAM'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?

0.3yrs

Average management tenure


CEO

Ron Closser (64 yo)

0.33

Tenure

Mr. Ronald Allen Closser, also known as Ron, has been as Interim President, Chief Executive Officer and Acting Chair of the Board at Unico American Corporation since August 10, 2020. Mr. Closser served as ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Budnitsky
CFO, Treasurer & Secretary4.33yrsUS$287.13k0.13%
$ 34.2k
Ronald Closser
Interim President0.33yrno datano data
Don Esparza
Executive Officer and Senior Vice President of Distribution & Marketing0.25yrno datano data

0.3yrs

Average Tenure

47yo

Average Age

Experienced Management: UNAM's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ronald Closser
Interim President0.33yrno datano data
Jeffrey Tuder
Director0.58yrno datano data
Erwin Cheldin
Director51.92yrsUS$9.00k44.37%
$ 11.5m
Steven Shea
Independent Director0.083yrno datano data
John Keefe
Independent Director0.75yrno data0.038%
$ 9.8k
Gerard Altonji
Director0.58yrno datano data
Joycelin Ray
Independent Director0.083yrno datano data

0.6yrs

Average Tenure

63yo

Average Age

Experienced Board: UNAM's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UNAM insiders have only sold shares 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

Unico American Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unico American Corporation
  • Ticker: UNAM
  • Exchange: NasdaqGM
  • Founded: 1969
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$25.942m
  • Shares outstanding: 5.31m
  • Website: https://www.crusaderinsurance.com

Number of Employees


Location

  • Unico American Corporation
  • 26050 Mureau Road
  • Calabasas
  • California
  • 91302
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNAMNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJan 1980

Biography

Unico American Corporation, through its subsidiaries, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. It provides property, casualty, health, and life in...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 23:29
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.