NI Holdings EBITDA vs. Current Valuation
| NODK Stock | USD 15.92 0.11 0.69% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 1 M | Current Value 979.5 K | Quarterly Volatility 15 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 0.13 | 0.0667 |
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For NI Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NI Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NI Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NI Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NI Holdings over time as well as its relative position and ranking within its peers.
NODK |
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NI Holdings. If investors know NODK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.564 | Earnings Share (0.43) | Revenue Per Share 18.702 | Quarterly Revenue Growth 0.14 | Return On Assets (0) |
The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NI Holdings Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NI Holdings's current stock value. Our valuation model uses many indicators to compare NI Holdings value to that of its competitors to determine the firm's financial worth. NI Holdings is rated below average in ebitda category among its peers. It is rated below average in current valuation category among its peers reporting about 280.92 of Current Valuation per EBITDA. At this time, NI Holdings' EBITDA is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NI Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NODK Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
NI Holdings |
| = | 1.03 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
NI Holdings |
| = | 289.62 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
NODK Current Valuation vs Competition
NI Holdings is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is now estimated at about 32.96 Billion. NI Holdings maintains roughly 289.62 Million in current valuation contributing less than 1% to equities under Financials industry.
NI Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NI Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NI Holdings will eventually generate negative long term returns. The profitability progress is the general direction of NI Holdings' change in net profit over the period of time. It can combine multiple indicators of NI Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -21.4 M | -20.3 M | |
| Operating Income | -250 K | -237.5 K | |
| Net Loss | -5.2 M | -5 M | |
| Income Before Tax | -4.3 M | -4 M | |
| Total Other Income Expense Net | -4.3 M | -4.5 M | |
| Net Loss | -47.8 M | -45.4 M | |
| Net Loss | -5.5 M | -5.2 M | |
| Income Tax Expense | 963 K | 914.9 K | |
| Interest Income | 8.5 M | 5.7 M | |
| Non Operating Income Net Other | 8.5 M | 9 M | |
| Change To Netincome | 11.2 M | 11.8 M | |
| Net Loss | (0.26) | (0.25) | |
| Income Quality | (4.74) | (4.51) | |
| Net Income Per E B T | 1.28 | 1.35 |
NODK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NI Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NI Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NI Holdings' important profitability drivers and their relationship over time.
Use NI Holdings in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NI Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NI Holdings will appreciate offsetting losses from the drop in the long position's value.NI Holdings Pair Trading
NI Holdings Pair Trading Analysis
The ability to find closely correlated positions to NI Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NI Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NI Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NI Holdings to buy it.
The correlation of NI Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NI Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NI Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NI Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your NI Holdings position
In addition to having NI Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Entertainment theme has 61 constituents at this time.
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Check out Correlation Analysis. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project NI Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NI Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NI Holdings' income statement, its balance sheet, and the statement of cash flows.