NasdaqGM:UNAM

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • Unico American is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.1%

NasdaqGM:UNAM

0.7%

US Insurance

1.3%

US Market


1 Year Return

-19.6%

NasdaqGM:UNAM

9.3%

US Insurance

2.0%

US Market

UNAM underperformed the Insurance industry which returned 9.3% over the past year.

UNAM underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

UNAMIndustryMarket
7 Day4.1%0.7%1.3%
30 Day4.2%2.2%3.9%
90 Day2.5%1.9%3.4%
1 Year-19.6%-19.6%12.0%9.3%4.2%2.0%
3 Year-46.5%-46.5%47.8%36.5%47.2%37.6%
5 Year-49.0%-49.0%68.5%48.4%60.5%42.9%

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 based on future cash flows and its price relative to the stock market?

0.57x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Unico American to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Unico American to establish if it is available at substantial discount.


Price Based on Earnings

Unico American is loss making, we can't compare its value to the US Insurance industry average.

Unico American is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Unico American, we can't assess if its growth is good value.


Price Based on Value of Assets

Unico American is good value based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

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

6.6%

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 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?

-46.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Unico American does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Unico American's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Unico American's 1-year growth to the US Insurance industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Unico American has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Unico American has efficiently used its assets last year compared to the US Insurance industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Unico American improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Unico American's financial position?


Financial Position Analysis

Unico American's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Unico American has no long term commitments.


Debt to Equity History and Analysis

Unico American has no debt.

Unico American has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Unico American has no debt, it does not need to be covered by short term assets.


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.

Unico American has sufficient cash runway for 1.4 years based on current free cash flow.

Unico American has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 27.5% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Unico American's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Unico American's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Unico American has not reported any payouts.

Unable to verify if Unico American's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Unico American has not reported any payouts.


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 Unico American's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average board tenure


CEO

Cary Cheldin (62yo)

10.4yrs

Tenure

US$357,382

Compensation

Mr. Cary L. Cheldin has been Chairman, Chief Executive Officer and President at Unico American Corp. since April 1, 2009. Mr. Cheldin served as an Executive Vice President of Unico American Corp. from 1991 ...


CEO Compensation Analysis

Cary's remuneration is about average for companies of similar size in United States of America.

Cary's compensation has increased whilst company is loss making.


Board Age and Tenure

3.3yrs

Average Tenure

64.5yo

Average Age

The tenure for the Unico American board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$614 Jun 19
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1
Max PriceUS$5.99
BuyUS$914,46626 Dec 18
Ambina Partners LLC
EntityCompany
Shares152,411
Max PriceUS$6.00
BuyUS$11,64614 Dec 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares1,950
Max PriceUS$6.12
BuyUS$4,07414 Dec 18
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares700
Max PriceUS$5.82
BuyUS$1,22013 Dec 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares200
Max PriceUS$6.20
BuyUS$5,84412 Dec 18
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares999
Max PriceUS$5.85
BuyUS$62007 Dec 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares100
Max PriceUS$6.20
BuyUS$607 Dec 18
Cary Cheldin
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares1
Max PriceUS$6.17
BuyUS$61706 Dec 18
Cary Cheldin
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares100
Max PriceUS$6.17
BuyUS$1,18803 Dec 18
Cary Cheldin
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares190
Max PriceUS$6.25
BuyUS$3,85803 Dec 18
Cary Cheldin
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares631
Max PriceUS$6.18
BuyUS$4,78730 Nov 18
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares810
Max PriceUS$5.91
BuyUS$4,04430 Nov 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares674
Max PriceUS$6.00
BuyUS$1,40927 Nov 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares245
Max PriceUS$5.75
BuyUS$5,13926 Nov 18
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares900
Max PriceUS$5.71
BuyUS$5,92720 Nov 18
Michael Budnitsky
EntityIndividual
Role
Member of the Board of Directors
CFO, Treasurer
Shares1,000
Max PriceUS$5.99
BuyUS$6,31120 Nov 18
David Russell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,100
Max PriceUS$5.76

Ownership Breakdown


Management Team

  • Cary Cheldin (62yo)

    Chairman

    • Tenure: 10.4yrs
    • Compensation: US$357.38k
  • Michael Budnitsky (44yo)

    CFO, Treasurer

    • Tenure: 2.2yrs
    • Compensation: US$273.12k

Board Members

  • Erwin Cheldin (87yo)

    Director

    • Tenure: 50.7yrs
    • Compensation: US$9.00k
  • Cary Cheldin (62yo)

    Chairman

    • Tenure: 10.4yrs
    • Compensation: US$357.38k
  • Andrew Furgatch (57yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$6.00k
  • Jan Frank (67yo)

    Director

    • Tenure: 0.3yrs
  • David Russell (52yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: US$9.00k
  • Samuel Sorich (73yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: US$9.00k
  • Michael Budnitsky (44yo)

    CFO, Treasurer

    • Tenure: 2.2yrs
    • Compensation: US$273.12k
  • Ernest Wish (67yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$6.00k

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$32.636m
  • 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 Analysis2019/09/15 23:44
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.