XNASTIPT
Market cap730mUSD
Jan 14, Last price
19.72USD
1D
2.18%
1Q
-4.27%
Jan 2017
220.65%
IPO
177.36%
Name
Tiptree Inc
Chart & Performance
Profile
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,649,031 17.98% | 1,397,752 16.24% | |||||||
Cost of revenue | 1,600,796 | 365,314 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 48,235 | 1,032,438 | |||||||
NOPBT Margin | 2.93% | 73.86% | |||||||
Operating Taxes | 43,056 | 50,450 | |||||||
Tax Rate | 89.26% | 4.89% | |||||||
NOPAT | 5,179 | 981,988 | |||||||
Net income | 13,951 291.77% | 3,561 -90.66% | |||||||
Dividends | (13,731) | (7,775) | |||||||
Dividend yield | 1.93% | 1.58% | |||||||
Proceeds from repurchase of equity | 96,706 | ||||||||
BB yield | -19.67% | ||||||||
Debt | |||||||||
Debt current | 41,889 | 60,628 | |||||||
Long-term debt | 473,511 | 297,397 | |||||||
Deferred revenue | 673,085 | 649,150 | |||||||
Other long-term liabilities | 39,776 | 1,857,933 | |||||||
Net debt | (34,046) | (1,489,776) | |||||||
Cash flow | |||||||||
Cash from operating activities | 71,452 | 463,073 | |||||||
CAPEX | (14,030) | (10,727) | |||||||
Cash from investing activities | (244,669) | 9,514 | |||||||
Cash from financing activities | 113,406 | (115,186) | |||||||
FCF | (1,161,903) | 1,875,877 | |||||||
Balance | |||||||||
Cash | 472,529 | 1,150,045 | |||||||
Long term investments | 76,917 | 697,756 | |||||||
Excess cash | 466,994 | 1,777,913 | |||||||
Stockholders' equity | 194,326 | 150,928 | |||||||
Invested Capital | 3,280,286 | 3,209,722 | |||||||
ROIC | 0.16% | 31.48% | |||||||
ROCE | 1.27% | 29.92% | |||||||
EV | |||||||||
Common stock shares outstanding | 37,619 | 35,531 | |||||||
Price | 18.96 36.99% | 13.84 0.07% | |||||||
Market cap | 713,258 45.04% | 491,751 5.55% | |||||||
EV | 838,911 | (861,817) | |||||||
EBITDA | 71,701 | 1,055,411 | |||||||
EV/EBITDA | 11.70 | ||||||||
Interest | 27,692 | 30,240 | |||||||
Interest/NOPBT | 57.41% | 2.93% |