NODK - NASDAQ

NI Holdings, Inc.

NODK·NASDAQ

$14.36

-0.86%

Financial ServicesInsurance - Property & Casualty

NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$294.11M

EPS-0.5000

P/E Ratio-28.72

Earnings Date08/07/2026

nodk

Change in Working Capital

Last Annual Value

-11.17M

3-Year CAGR

-19%

5-Year CAGR

-9%

10-Year CAGR

Adjust for Inflation

NI Holdings, Inc. Competitors Analysis of Change in Working Capital

NODK · NASDAQ

Company	Change in Working Capital	CAGR 3Y	CAGR 5Y	CAGR 10Y
NI Holdings, Inc. NASDAQ:NODK	-11.17M	N/A	N/A	N/A
FinWise Bancorp NASDAQ:FINW	-3.80M	N/A	N/A	N/A
CoastalSouth Bancshares, Inc. NYSE:COSO	2.27M	N/A	N/A	N/A
Destiny Tech100 Inc. NYSE:DXYZ	-5.43M	N/A	N/A	N/A
SUI Group Holdings Limited NASDAQ:SUIG	-2.45M	N/A	N/A	N/A
Waterstone Financial, Inc. NASDAQ:WSBF	5.66M	N/A	N/A	8.3%
Isabella Bank Corporation NASDAQ:ISBA	6.77M	116.3%	38.0%	25.6%
Middlefield Banc Corp. NASDAQ:MBCN	-985.00K	N/A	N/A	N/A
Citizens, Inc. NYSE:CIA	14.57M	57.7%	N/A	-17.1%
Colony Bankcorp, Inc. NASDAQ:CBAN	-8.56M	N/A	N/A	N/A
John Marshall Bancorp, Inc. NASDAQ:JMSB	-1.38M	N/A	N/A	N/A

NI Holdings, Inc. Fair Value Envelope

NODK · NASDAQ

Our analysis suggests that NODK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.36, this represents a potential HIDDEN relative to our calculated worth for NI Holdings, Inc..

HIDDEN

Intrinsic Value

Current Price: $14.36

Related Guides

Blog Categories

Continue your NODK research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.