Kingstone Companies, Inc.

Kingstone Companies, Inc.

KINSยทNASDAQ

$15.24

+1.7%
Financial ServicesInsurance - Property & Casualty

Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to individuals in New York. The company offers personal line of insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies. It also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies, as well as reinsurance products. It sells its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. Kingstone Companies, Inc. was founded in 1886 and is headquartered in Kingston, New York.

At a Glance

Live Snapshot
Market Cap$220.75M
EPS2.9300
P/E Ratio5.20
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 5.2).

Valuation inputs: P/E 5.2, earnings yield +19.2%, momentum +1.7%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +33.2%, ROIC +29.4%).

Profitability stack: net margin +20.5%, ROE +33.2%, ROIC +29.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +72.9%, momentum +1.7%, net margin +20.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Kingstone Companies, Inc. Market vs Earnings Trajectory

KINS ยท NASDAQ

Loading price and EPS data...

Kingstone Companies, Inc.

Kingstone Companies, Inc. Fair Value Envelope

KINS ยท NASDAQ

Our analysis suggests that KINS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $15.24, this represents a potential HIDDEN relative to our calculated worth for Kingstone Companies, Inc..

Intrinsic Value
Current Price: $15.24
3Y-238.0%
5Y+3130.0%
10Y+155.0%
3Y+53.0%
5Y+52.0%
10Y+157.0%
3Y-281.0%
5Y+4092.0%
10Y+358.0%
3Y-8386.0%
5Y-841.0%
10Y+399.0%
3Y-1436.0%
5Y-639.0%
10Y+400.0%
3Y+42.0%
5Y+43.0%
10Y+168.0%
Kingstone Companies, Inc.

Kingstone Companies, Inc. Profit Bridge

KINS ยท NASDAQ
Revenue199.19M
Cost of Goods Sold (84.27M)
Gross Profit114.93M
Operating Expenses (63.88M)
Operating Income51.05M
Interest Expense (445.21K)
Other Income/Expense0.00
Pretax Income51.05M
Income Tax (10.28M)
Net Income40.77M
Net Income
40.77M

Profitability Analysis

Gross Margin

57.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

25.6%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

20.5%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

20.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

57.70%
Gross Profit Margin
53%
3Y+945.0%
5Y+129.0%
10Y+43.0%
25.63%
Operating Profit Margin
71%
3Y-219.0%
5Y-2714.0%
10Y+48.0%
20.47%
Net Profit Margin
73%
3Y-218.0%
5Y+2665.0%
10Y+78.0%
33.22%
Return on Equity
21%
3Y-153.0%
5Y+3070.0%
10Y+112.0%
8.99%
Return on Assets
84%
3Y-228.0%
5Y+2836.0%
10Y+71.0%
29.45%
Return on Invested Capital
485%
3Y-502.0%
5Y+9306.0%
10Y+410.0%
KINS

Kingstone Companies, Inc. Cash Conversion Engine

KINS ยท NASDAQ
Net Income40.77M
Depreciation & Amortization2.56M
Stock-Based Compensation1.48M
Change in Working Capital32.09M
Others-834.17K
Capital Expenditures-2.81M
Free Cash Flow73.05M

Cash Flow Quality Analysis

FCF Conversion Rate

179.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

3.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+31.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$32.09M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Kingstone Companies, Inc. Funding & Solvency Profile

KINS ยท NASDAQ
Cash & Cash Equivalents11.36B
Net Receivables19.03B
Inventory0.00
Other Current Assets0.00
Total Current Assets30 B
Property, Plant & Equipment8.02B
Goodwill & Intangible Assets500.00M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets8 B
Total Assets
465.34B

Financial Health Analysis

Current Ratio

5.37x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

3.06x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

25 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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Kingstone Companies, Inc. Street Expectations Map

KINS ยท NASDAQ

No Target Data

No analyst price targets available for kins.

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Kingstone Companies, Inc. Insider Positioning

KINS ยท NASDAQ

During the last 12 months, insiders have purchased $653K and sold $243K worth of KINS shares, resulting in $410K of net buying activity.

3 Months

Bought

44.5K

653.41K

Sold

13.5K

243.00K

Net Activity

+410K

+$410K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
NT

Newgarden Thomas

Director

44.5K sharesโ€ข4 transactions

$653K

Top Sellers

1
YWL

Yankus William L

Director

13.5K sharesโ€ข1 transactions

$243K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Positive insider sentiment with $410K net buying. Buying activity substantially exceeds selling, indicating insider confidence.

Buy/Sell Ratio

2.69:1

Strong buy/sell ratio. Buying is at least double the selling activity, suggesting robust insider confidence.

Recent Trend (3 Months)

$410K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.

Insider Activity Insight

Sustained buying momentum: Consistent net buying over multiple quarters suggests insiders maintain conviction in the company's prospects. This is particularly meaningful if buying continued through market volatility.

0.34%
Dividend Yield
16%
3Y-
5Y-29.0%
10Y-52.0%
ย 

kins Dividend History

KINS
10Y CAGR +2%
Latest $0.05
Annual $0.2
5 year growth trend
Last Period: +0%