XNYSKFS
Market cap220mUSD
Jan 10, Last price
8.01USD
1D
-0.62%
1Q
-7.08%
Jan 2017
28.16%
Name
Kingsway Financial Services Inc
Chart & Performance
Profile
Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty business services, asset management, and real estate businesses. The company operates through three segments: Extended Warranty, Leased Real Estate, and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also sells new home warranty products, as well as offers uninsured warrant 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 commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies. The Leased Real Estate segment owns a parcel of real property consisting of approximately 192 acres located in the State of Texas. The Kingsway Search Xcelerator offers outsourced finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, SEC reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. The company offers its products and services through credit unions, dealers, homebuilders, and consumers. Kingsway Financial Services Inc. was incorporated in 1989 and is based in Itasca, Illinois.
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 | 103,244 -9.98% | 114,689 21.01% | |||||||
Cost of revenue | 69,016 | 67,600 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 34,228 | 47,089 | |||||||
NOPBT Margin | 33.15% | 41.06% | |||||||
Operating Taxes | (1,899) | 4,825 | |||||||
Tax Rate | 10.25% | ||||||||
NOPAT | 36,127 | 42,264 | |||||||
Net income | 23,559 -4.70% | 24,722 1,229.14% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | (3,204) | 149 | |||||||
BB yield | 1.44% | -0.07% | |||||||
Debt | |||||||||
Debt current | 1,217 | ||||||||
Long-term debt | 46,812 | 104,526 | |||||||
Deferred revenue | 83,995 | 82,713 | |||||||
Other long-term liabilities | 71,606 | ||||||||
Net debt | (4,167) | (15,315) | |||||||
Cash flow | |||||||||
Cash from operating activities | (26,186) | (14,574) | |||||||
CAPEX | (205) | 26,461 | |||||||
Cash from investing activities | 6,457 | 100,940 | |||||||
Cash from financing activities | (39,963) | (37,932) | |||||||
FCF | 34,347 | 256,421 | |||||||
Balance | |||||||||
Cash | 9,259 | 64,325 | |||||||
Long term investments | 41,720 | 56,733 | |||||||
Excess cash | 45,817 | 115,324 | |||||||
Stockholders' equity | (351,506) | (310,767) | |||||||
Invested Capital | 549,223 | 590,351 | |||||||
ROIC | 6.34% | 5.85% | |||||||
ROCE | 17.31% | 16.59% | |||||||
EV | |||||||||
Common stock shares outstanding | 26,448 | 25,304 | |||||||
Price | 8.40 5.93% | 7.93 44.71% | |||||||
Market cap | 222,163 10.72% | 200,661 62.47% | |||||||
EV | 214,898 | 191,796 | |||||||
EBITDA | 40,448 | 53,538 | |||||||
EV/EBITDA | 5.31 | 3.58 | |||||||
Interest | 6,250 | 8,092 | |||||||
Interest/NOPBT | 18.26% | 17.18% |