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KFS

Kingsway Financial ServicesNYSE:KFS Stock Report

Market Cap

US$130.3m

7D

1.5%

1Y

80.9%

Updated

01 Dec, 2021

Data

Company Financials
KFS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

KFS Stock Overview

Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and leased real estate business.

Kingsway Financial Services Competitors

Cincinnati Financial

NasdaqGS:CINF

US$18.4b

Selective Insurance Group

NasdaqGS:SIGI

US$4.5b

State Auto Financial

NasdaqGS:STFC

US$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Kingsway Financial Services
Historical stock prices
Current Share PriceUS$5.48
52 Week HighUS$5.80
52 Week LowUS$3.03
Beta-0.24
1 Month Change0%
3 Month Change-2.84%
1 Year Change80.86%
3 Year Change144.64%
5 Year Change-7.90%
Change since IPO-84.95%

Recent News & Updates

May 22
It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

Despite positive share price growth of 15% for Kingsway Financial Services Inc. ( NYSE:KFS ) over the last few years...

Shareholder Returns

KFSUS InsuranceUS Market
7D1.5%-5.4%-2.8%
1Y80.9%20.4%20.0%

Return vs Industry: KFS exceeded the US Insurance industry which returned 20.4% over the past year.

Return vs Market: KFS exceeded the US Market which returned 20% over the past year.

Price Volatility

Is KFS's price volatile compared to industry and market?
KFS volatility
KFS Average Weekly Movement4.4%
Insurance Industry Average Movement4.0%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: KFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KFS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989239JT Fitzgeraldhttps://www.kingsway-financial.com

Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and leased real estate business. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles. This segment also sells new home warranty products, as well as offers administration services to homebuilders and homeowners; markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and refrigeration equipment; and provides equipment breakdown and maintenance support services to companies.

Kingsway Financial Services Fundamentals Summary

How do Kingsway Financial Services's earnings and revenue compare to its market cap?
KFS fundamental statistics
Market CapUS$130.31m
Earnings (TTM)-US$4.54m
Revenue (TTM)US$89.60m

1.5x

P/S Ratio

-28.7x

P/E Ratio

Valuation

Is Kingsway Financial Services undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Kingsway Financial Services is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Kingsway Financial Services has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Kingsway Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.4%

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 Kingsway Financial Services 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.


Past Performance

How has Kingsway Financial Services performed over the past 5 years?

-19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KFS is currently unprofitable.

Growing Profit Margin: KFS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KFS is unprofitable, and losses have increased over the past 5 years at a rate of 19.8% per year.

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

Earnings vs Industry: KFS is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (39.8%).


Return on Equity

High ROE: KFS has a negative Return on Equity (-15.09%), as it is currently unprofitable.


Financial Health

How is Kingsway Financial Services's financial position?


Financial Position Analysis

Short Term Liabilities: KFS's short term assets ($56.3M) exceed its short term liabilities ($42.1M).

Long Term Liabilities: KFS's short term assets ($56.3M) do not cover its long term liabilities ($390.9M).


Debt to Equity History and Analysis

Debt Level: KFS's net debt to equity ratio (1855%) is considered high.

Reducing Debt: KFS's debt to equity ratio has increased from 467.4% to 1989% over the 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: KFS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KFS has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 33.1% each year.


Dividend

What is Kingsway Financial Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.3yrs

Average management tenure


CEO

JT Fitzgerald (50 yo)

3.17yrs

Tenure

US$872,485

Compensation

Mr. John Taylor Maloney Fitzgerald, also known as JT, has been the Chief Executive Officer of Kingsway Financial Services Inc. since September 5, 2018. He served as a Director at Itasca Capital Ltd. since...


CEO Compensation Analysis

Compensation vs Market: JT's total compensation ($USD872.49K) is above average for companies of similar size in the US market ($USD563.50K).

Compensation vs Earnings: JT's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: KFS's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: KFS's board of directors are considered experienced (6.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: KFS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.


Top Shareholders

Company Information

Kingsway Financial Services Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kingsway Financial Services Inc.
  • Ticker: KFS
  • Exchange: NYSE
  • Founded: 1989
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$130.308m
  • Shares outstanding: 23.78m
  • Website: https://www.kingsway-financial.com

Number of Employees


Location

  • Kingsway Financial Services Inc.
  • 150 East Pierce Road
  • Itasca
  • Illinois
  • 60143
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 00:01
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.