OTCPK:RELI

Stock Analysis Report

Executive Summary

Reliance Global Group, Inc. operates as a holding company in the insurance and real estate markets.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Reliance Global Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

9.5%

RELI

1.5%

US Insurance

2.3%

US Market


1 Year Return

182.5%

RELI

12.8%

US Insurance

5.6%

US Market

Return vs Industry: RELI exceeded the US Insurance industry which returned 12.8% over the past year.

Return vs Market: RELI exceeded the US Market which returned 5.6% over the past year.


Shareholder returns

RELIIndustryMarket
7 Day9.5%1.5%2.3%
30 Day-0.5%-1.5%-1.0%
90 Day26.6%-2.6%-0.7%
1 Year182.5%182.5%15.6%12.8%7.9%5.6%
3 Yearn/a42.2%31.2%45.6%36.3%
5 Yearn/a72.0%51.5%65.8%47.6%

Price Volatility Vs. Market

How volatile is Reliance Global Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reliance Global Group undervalued compared to its fair value and its price relative to the market?

539.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate RELI's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate RELI's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RELI is overvalued based on its PB Ratio (539.3x) compared to the US Insurance industry average (1.2x).


Next Steps

Future Growth

How is Reliance Global Group forecast 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 Reliance Global Group 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

  • Take a look at our analysis of RELI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Reliance Global Group's filings and announcements here.
  • Explore growth companies in the Insurance industry.

Past Performance

How has Reliance Global Group performed over the past 5 years?

-18.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RELI is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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

Earnings vs Industry: RELI is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (3.1%).


Return on Equity

High ROE: RELI has a negative Return on Equity (-1115.57%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: RELI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: RELI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Reliance Global Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: RELI has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RELI's debt is 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.

Stable Cash Runway: Insufficient data to determine if RELI has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RELI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: RELI's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if RELI has a sufficient allowance for bad loans.

Low Risk Liabilities: RELI reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if RELI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: RELI has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if RELI has an appropriate level of bad loans.


Next Steps

Dividend

What is Reliance Global Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate RELI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if RELI's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RELI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Reliance Global Group's salary, the management and board of directors tenure and is there insider trading?


CEO

Ezra Beyman (64yo)

1.1yrs

Tenure

0

Mr. Ezra Beyman serves as Chief Executive Officer & Director at Ethos Media Network, Inc., since September 21, 2018. He serves as President of Empire Equity Group Inc. Mr. Beyman served as Chief Executive  ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ezra Beyman (64yo)

    CEO & Director

    • Tenure: 1.1yrs
  • Alex Blumenfrucht

    CFO & Director

    • Tenure: 1.1yrs

Board Members

  • Ezra Beyman (64yo)

    CEO & Director

    • Tenure: 1.1yrs
  • Alex Blumenfrucht

    CFO & Director

    • Tenure: 1.1yrs

Company Information

Reliance Global Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reliance Global Group, Inc.
  • Ticker: RELI
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Insurance Brokers
  • Sector: Insurance
  • Market Cap: US$32.186m
  • Shares outstanding: 146.99m
  • Website: https://www.relianceglobalgroup.com

Location

  • Reliance Global Group, Inc.
  • 300 Boulevard of the Americas
  • Suite 105
  • Lakewood
  • New Jersey
  • 8701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RELIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2014

Biography

Reliance Global Group, Inc. operates as a holding company in the insurance and real estate markets. The company focuses on acquiring insurance agencies. It is also involved in acquiring, owning, leasing, m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 00:29
End of Day Share Price2019/10/16 00:00
Earnings2018/05/31
Annual Earnings2017/08/31


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.