CONIFER HOLDINGS, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1 USD | +3.52% |
|
+3.51% | -9.08% |
| Apr. 05 | Transcript : Conifer Holdings, Inc., Q4 2023 Earnings Call, Apr 05, 2024 | |
| Apr. 04 | Earnings Flash (CNFR) CONIFER HOLDINGS Posts Q4 Revenue $21.1M | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 30.11 | 38.36 | 31.84 | 22.52 | 19.18 | 13.44 |
| Enterprise Value (EV) 1 | 52.82 | 70.21 | 67.28 | 47.95 | 26.65 | 28.68 |
| P/E ratio | -3.24 x | -4.54 x | 54.8 x | -20.6 x | -1.57 x | -0.52 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 0.3 x | 0.4 x | 0.31 x | 0.22 x | 0.18 x | 0.14 x |
| EV / Revenue | 0.53 x | 0.73 x | 0.65 x | 0.46 x | 0.25 x | 0.3 x |
| EV / EBITDA | -9.03 x | -12.1 x | 23.5 x | -4.75 x | -1.56 x | -1.18 x |
| EV / FCF | -0.64 x | -1.03 x | -1.61 x | -0.52 x | -0.2 x | -0.23 x |
| FCF Yield | -155% | -96.7% | -62% | -191% | -489% | -428% |
| Price to Book | 0.7 x | 0.9 x | 0.72 x | 0.56 x | 1.01 x | -4.32 x |
| Nbr of stocks (in thousands) | 8,603 | 9,589 | 9,678 | 9,708 | 12,216 | 12,223 |
| Reference price 2 | 3.500 | 4.000 | 3.290 | 2.320 | 1.570 | 1.100 |
| Announcement Date | 3/13/19 | 3/12/20 | 3/11/21 | 3/10/22 | 3/27/23 | 4/1/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 98.91 | 96 | 103.2 | 104.3 | 104.9 | 96.42 |
| EBITDA 1 | -5.852 | -5.786 | 2.864 | -10.09 | -17.1 | -24.23 |
| EBIT 1 | -6.238 | -6.239 | 2.427 | -10.51 | -17.52 | -24.77 |
| Operating Margin | -6.31% | -6.5% | 2.35% | -10.08% | -16.7% | -25.69% |
| Earnings before Tax (EBT) 1 | -9.175 | -8.735 | 0.601 | -0.886 | -20.12 | -25.9 |
| Net income 1 | -9.227 | -7.822 | 0.595 | -1.094 | -10.68 | -25.9 |
| Net margin | -9.33% | -8.15% | 0.58% | -1.05% | -10.18% | -26.86% |
| EPS 2 | -1.080 | -0.8808 | 0.0600 | -0.1129 | -1.000 | -2.121 |
| Free Cash Flow 1 | -81.93 | -67.86 | -41.71 | -91.65 | -130.4 | -122.7 |
| FCF margin | -82.83% | -70.69% | -40.41% | -87.86% | -124.31% | -127.2% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/13/19 | 3/12/20 | 3/11/21 | 3/10/22 | 3/27/23 | 4/1/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 26.72 | 27.49 | 25.37 | 24.68 | 26.34 | 28.5 | 24.58 | 24.92 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | -1.395 | -0.966 | -2.987 | -8.49 | -1.723 | -7.29 | 1.18 | -4.743 |
| Net income 1 | -1.209 | -0.801 | -2.87 | -8.399 | -1.523 | 2.111 | 1.001 | -4.739 |
| Net margin | -4.53% | -2.91% | -11.31% | -34.03% | -5.78% | 7.41% | 4.07% | -19.01% |
| EPS 2 | -0.1200 | -0.0800 | -0.3000 | -0.8600 | -0.1400 | 0.1700 | 0.0800 | -0.3900 |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 3/2/22 | 5/12/22 | 8/10/22 | 11/9/22 | 3/14/23 | 5/10/23 | 8/9/23 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 22.7 | 31.9 | 35.4 | 25.4 | 7.48 | 15.2 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -3.881 x | -5.506 x | 12.37 x | -2.52 x | -0.4371 x | -0.6289 x |
| Free Cash Flow 1 | -81.9 | -67.9 | -41.7 | -91.6 | -130 | -123 |
| ROE (net income / shareholders' equity) | -19.4% | -18.4% | 1.37% | -2.58% | -35.9% | -237% |
| ROA (Net income/ Total Assets) | -1.65% | -1.62% | 0.6% | -2.38% | -3.63% | -4.96% |
| Assets 1 | 558.3 | 481.5 | 99.82 | 45.95 | 294 | 522.1 |
| Book Value Per Share 2 | 4.970 | 4.450 | 4.590 | 4.170 | 1.550 | -0.2500 |
| Cash Flow per Share 2 | 1.270 | 0.7800 | 0.8500 | 1.020 | 2.290 | 0.9100 |
| Capex 1 | 0.09 | 0.06 | 0.08 | 1.07 | - | - |
| Capex / Sales | 0.09% | 0.06% | 0.08% | 1.03% | - | - |
| Announcement Date | 3/13/19 | 3/12/20 | 3/11/21 | 3/10/22 | 3/27/23 | 4/1/24 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -9.08% | 12.22M | |
| +38.91% | 61.52B | |
| +10.01% | 50.24B | |
| +12.05% | 48.88B | |
| +21.50% | 44.86B | |
| +22.39% | 33.96B | |
| +10.03% | 29.23B | |
| +50.11% | 27.95B | |
| +21.57% | 24.78B | |
| -3.96% | 20.38B |
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- Financials Conifer Holdings, Inc.
