Kingstone Companies, Inc. (KINS) stock analysis

P/E below its 5-year median

Kingstone Companies's P/E of 7.7 is below its own 5-year median of 9.1.

P/E below the industry

Kingstone Companies's P/E of 7.7 is below the Fire, Marine, and Casualty Insurance median of 10.4.

P/S above the industry

Kingstone Companies's price-to-sales of 1.31 is above the Fire, Marine, and Casualty Insurance median of 1.28.

P/B above the industry

Kingstone Companies's price-to-book of 2.39 is above the Fire, Marine, and Casualty Insurance median of 1.62.

Trading above fair value

The share price of $22.54 is above our fair value estimate of $21.39.

Margin of safety under 20%

The price is 5.4% above fair value, so there is no margin of safety.

Revenue growing 10%+ a year

Revenue grew 18.2% a year over the last three fiscal years.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth not accelerating

Net income grew 33.6% over the last twelve months, against a 5-year average of 111% a year.

Growing faster than the industry

Revenue grew 24.5% over the last twelve months; the Fire, Marine, and Casualty Insurance median is 5.0%.

Guidance raised

Kingstone Companies raised its 2026 Direct premiums written growth outlook on Mar 5, 2026.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 34.4% over the last twelve months and averaged 2.6% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 9.2%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

Kingstone Companies's return on equity of 34.4% is above the Fire, Marine, and Casualty Insurance median of 15.9%.

Earnings grew over 5 years

Net income grew 111% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 16.8% over the last twelve months, against a 5-year average of 0.9%.

Net margin above the industry

Kingstone Companies's net margin of 16.8% is above the Fire, Marine, and Casualty Insurance median of 12.0%.

Low debt

Debt is 2.5% of shareholders' equity, under the 40% we consider low.

Debt falling against equity

Debt to equity fell from 31.9% five years ago to 2.5%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 2363% of total debt.

Interest coverage

Interest expense is not reported separately.

Short-term liquidity

Insurers do not split assets into current and non-current.

Bankruptcy risk (Altman Z)

The Altman model does not apply to insurers.

Pays a dividend

Kingstone Companies paid dividends worth 1.0% of the share price over the last twelve months.

Yield below Treasuries

The 1.0% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Kingstone Companies yields 1.0%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 7 fiscal years.

Covered by earnings

Dividends take 7.2% of net income.

Covered by free cash flow

Dividends take 3.8% of free cash flow.