NI Holdings, Inc.
NI Holdings, Inc. Fundamental Analysis
NI Holdings, Inc. (NODK) shows weak financial fundamentals with a PE ratio of 108.78, profit margin of 0.87%, and ROE of 1.05%. The company generates $0.3B in annual revenue with moderate year-over-year growth of 6.97%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 38.0/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze NODK's fundamental strength across five key dimensions:
Efficiency Score
WeakNODK struggles to generate sufficient returns from assets.
Valuation Score
ModerateNODK shows balanced valuation metrics.
Growth Score
ModerateNODK shows steady but slowing expansion.
Financial Health Score
ExcellentNODK maintains a strong and stable balance sheet.
Profitability Score
WeakNODK struggles to sustain strong margins.
Key Financial Metrics
Is NODK Expensive or Cheap?
P/E Ratio
NODK trades at 108.78 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, NODK's PEG of 1.96 indicates fair valuation.
Price to Book
The market values NI Holdings, Inc. at 1.16 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 58.77 times EBITDA. This signals the market has high growth expectations.
How Well Does NODK Make Money?
Net Profit Margin
For every $100 in sales, NI Holdings, Inc. keeps $0.87 as profit after all expenses.
Operating Margin
Core operations generate 1.48 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $1.05 in profit for every $100 of shareholder equity.
ROA
NI Holdings, Inc. generates $0.48 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
NI Holdings, Inc. generates limited operating cash flow of $-6.66M, signaling weaker underlying cash strength.
Free Cash Flow
NI Holdings, Inc. generates weak or negative free cash flow of $-7.08M, restricting financial flexibility.
FCF Per Share
Each share generates $-0.34 in free cash annually.
FCF Yield
NODK converts -2.60% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
108.78
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
1.96
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.16
vs 25 benchmark
P/S Ratio
Price to sales ratio
0.93
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.01
vs 25 benchmark
Current Ratio
Current assets to current liabilities
8.51
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.01
vs 25 benchmark
ROA
Return on assets percentage
0.005
vs 25 benchmark
ROCE
Return on capital employed
0.008
vs 25 benchmark
How NODK Stacks Against Its Sector Peers
| Metric | NODK Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 108.78 | 18.86 | Worse (Expensive) |
| ROE | 1.05% | 847.00% | Weak |
| Net Margin | 0.87% | 4202.00% | Weak |
| Debt/Equity | 0.01 | 0.91 | Strong (Low Leverage) |
| Current Ratio | 8.51 | 667.17 | Strong Liquidity |
| ROA | 0.48% | -21543.00% (disorted) | Weak |
NODK outperforms its industry in 2 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews NI Holdings, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
26.94%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
-124.26%
Industry Style: Value, Dividend, Cyclical
DecliningFCF CAGR
58.58%
Industry Style: Value, Dividend, Cyclical
High Growth