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NI Holdings, Inc. NODK
Financial Services - Insurance - Property & Casualty - NASDAQ - US
Watchlist
$ 12.39
-2.15 %
$ 256 M
Market Cap
39.58
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one NODK stock under the worst case scenario is HIDDEN Compared to the current market price of 12.4 USD, NI Holdings, Inc. is HIDDEN

NODK Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one NODK stock under the base case scenario is HIDDEN Compared to the current market price of 12.4 USD, NI Holdings, Inc. is HIDDEN

NODK Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one NODK stock under the best case scenario is HIDDEN Compared to the current market price of 12.4 USD, NI Holdings, Inc. is HIDDEN

NODK Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart NODK

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1M -6%
6M -27%
1Y -28.0%
3Y -28.0%
5Y -9%
All
$17.5$17.5$17.0$17.0$16.5$16.5$16.0$16.0$15.5$15.5$15.0$15.0$14.5$14.5$14.0$14.0$13.5$13.5$13.0$13.0$12.5$12.5$12.0$12.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
325 M REVENUE
-11.07%
Growth Rates
1Year -11.07%
3Years 0.13%
5Years 3.73%
7Years 8.05%
10Years 8.97%
10.1 M OPERATING INCOME
0.00%
Growth Rates
1Year 0.00%
3Years -3.79%
5Years -21.35%
7Years -10.69%
10Years -6.64%
-4.55 M NET INCOME
16.95%
Growth Rates
1Year 16.95%
3Years -15.63%
5Years -3.22%
7Years -3.72%
10Years -2.89%
38.5 M OPERATING CASH FLOW
48.27%
Growth Rates
1Year 48.27%
3Years 9.70%
5Years 8.45%
7Years 11.10%
10Years 13.97%
-4.54 M INVESTING CASH FLOW
48.47%
Growth Rates
1Year 48.47%
3Years 54.48%
5Years 31.66%
7Years 34.92%
10Years -4.07%
-3.64 M FINANCING CASH FLOW
51.21%
Growth Rates
1Year 51.21%
3Years 31.77%
5Years -12.46%
7Years -0.62%
10Years 0.00%
73.9 M REVENUE
-16.94%
Growth Rates
1Year -11.07%
3Years 0.13%
5Years 3.73%
7Years 8.05%
10Years 8.97%
13.8 M OPERATING INCOME
611.57%
Growth Rates
1Year 0.00%
3Years -3.79%
5Years -21.35%
7Years -10.69%
10Years -6.64%
9.85 M NET INCOME
464.07%
Growth Rates
1Year 16.95%
3Years -15.63%
5Years -3.22%
7Years -3.72%
10Years -2.89%
21.7 M OPERATING CASH FLOW
220.83%
Growth Rates
1Year 48.27%
3Years 9.70%
5Years 8.45%
7Years 11.10%
10Years 13.97%
-9.87 M INVESTING CASH FLOW
-108.40%
Growth Rates
1Year 48.47%
3Years 54.48%
5Years 31.66%
7Years 34.92%
10Years -4.07%
-30 K FINANCING CASH FLOW
99.12%
Growth Rates
1Year 51.21%
3Years 31.77%
5Years -12.46%
7Years -0.62%
10Years 0.00%
Balance Sheet NI Holdings, Inc.
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Current Assets 3.34 M
Cash & Short-Term Investments 3.34 M
Receivables 86.5 M
Other Current Assets -86.5 M
Non-Current Assets 332 M
Long-Term Investments 332 M
PP&E 7.55 M
Other Non-Current Assets -7.45 M
25.75 %98.97 %Total Assets$335.8m
Current Liabilities 143 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 143 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
100.00 %Total Liabilities$142.9m
EFFICIENCY
Earnings Waterfall NI Holdings, Inc.
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Revenue 325 M
Cost Of Revenue 0
Gross Profit 325 M
Operating Expenses 315 M
Operating Income 10.1 M
Other Expenses 14.7 M
Net Income -4.55 M
350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)325m0325m(315m)10m(15m)(5m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 100.00%
10Years 100.00%
3.12% OPERATING MARGIN
3.12%
Averages
1Year 3.12%
3Years 2.97%
5Years 5.87%
7Years 8.56%
10Years 9.30%
-1.86% NET MARGIN
-1.86%
Averages
1Year -1.86%
3Years -6.65%
5Years -0.83%
7Years 2.89%
10Years 4.34%
-2.48% ROE
-2.48%
Averages
1Year -2.48%
3Years -8.70%
5Years -2.39%
7Years 1.16%
10Years 2.94%
-1.15% ROA
-1.15%
Averages
1Year -1.15%
3Years -3.60%
5Years -0.59%
7Years 1.29%
10Years 2.16%
3.42% ROIC
3.42%
Averages
1Year 3.42%
3Years 2.14%
5Years 2.95%
7Years 3.49%
10Years 3.20%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis NI Holdings, Inc.
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60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -4.55 M
Depreciation & Amortization 681 K
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 0
Others 53.5 M
Free Cash Flow 37.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets NI Holdings, Inc.
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NODK has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership NI Holdings, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
NI Holdings, Inc. Announces Leadership Transition FARGO, N.D., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (the “Company”, NASDAQ: NODK) announced today the appointment of Seth C. Daggett as President and Chief Executive Officer (CEO), effective December 1, 2024. Mr. Daggett brings over two decades of industry experience, most recently serving as the Company's Chief Financial Officer (CFO) and Treasurer. Mr. Daggett succeeds Cindy L. Launer, who had been serving as Interim CEO during the Board of Directors' (the “Board”) search for a permanent CEO, as previously announced. globenewswire.com - 5 months ago
NI Holdings, Inc. Reports Results for Third Quarter Ended September 30, 2024 FARGO, N.D., Nov. 07, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended September 30, 2024. globenewswire.com - 6 months ago
A Deal For NI Holdings Where Everyone Wins American Family Insurance is selling its non-standard auto insurance business to Sentry Insurance, signaling the potential for more mutual insurance deals. NI Holdings, Inc. is undervalued, trading at 75% of FCTBV, and has failed to justify its public existence with poor financial performance. The company should remutualize, potentially selling to a mutual insurance company for around $27.50 per share, benefiting all stakeholders. seekingalpha.com - 6 months ago
NI Holdings, Inc. Announces Leadership Change FARGO, N.D., Aug. 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that Michael J. Alexander has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board member of the company, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024. globenewswire.com - 9 months ago
NI Holdings, Inc. Reports Results for Second Quarter Ended June 30, 2024 FARGO, N.D., Aug. 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2024. globenewswire.com - 9 months ago
NI Holdings, Inc. Completes the Sale of Westminster American Insurance Company FARGO, N.D., July 05, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) has completed the previously announced sale of its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale was $10.5 million in cash, subject to certain post-closing adjustments pursuant to the Purchase Agreement dated May 7, 2024. globenewswire.com - 10 months ago
AM Best Places Credit Ratings of Westminster American Insurance Company Under Review With Negative Implications OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Westminster American Insurance Company (WAIC) (headquartered in Owings Mills, MD). These Credit Ratings (ratings) have been placed under review with negative implications following the recent announcement made by NI Holdings, Inc. [NASDAQ: NODK], its ultimate parent, that a definitive agreement has. businesswire.com - 1 year ago
NI Holdings, Inc. Reports Results for First Quarter Ended March 31, 2024 FARGO, N.D., May 09, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended March 31, 2024. globenewswire.com - 1 year ago
NI Holdings, Inc. Agrees to Sell Westminster American Insurance Company FARGO, N.D., May 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) (“NI Holdings”) announced today an agreement to sell its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale is $10.5 million in cash, with proceeds planned to be used for general corporate purposes. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other closing conditions. globenewswire.com - 1 year ago
NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2023 FARGO, N.D., March 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2023. globenewswire.com - 1 year ago
NI Holdings: Interesting Developments - Windfall Gains Opportunity NI Holdings had its IPO in March 2017 as the first step in a potential two-step demutualization process for Nodak Mutual Group Inc. Anti-dilution provisions in the prospectus for the IPO will likely result in windfall gains for existing NI Holdings shareholders, whenever a secondary offering takes place. Recent changes to the company's Articles of Incorporation could make full demutualization more readily achievable. seekingalpha.com - 1 year ago
NI Holdings, Inc. Reports Results for Third Quarter Ended September 30, 2023 FARGO, N.D., Nov. 07, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended September 30, 2023. globenewswire.com - 1 year ago
8. Profile Summary

NI Holdings, Inc. NODK

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COUNTRY US
INDUSTRY Insurance - Property & Casualty
MARKET CAP $ 256 M
Dividend Yield 0.00%
Description 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.
Contact 1101 First Avenue North, Fargo, ND, 58102 https://www.niholdingsinc.com
IPO Date March 16, 2017
Employees 202
Officers Mr. Seth Christopher Daggett CPA President, Chief Executive Officer & Director Mr. Matthew James Maki CPA, C.P.C.U. Executive Vice President, Chief Financial Officer & Treasurer