Neptune Insurance Holdings Inc. (NP) stock analysis
Close on Nov 11, 2026Market cap $3.94BP/E 91.9Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak4 of 30 checks passed
Neptune Insurance passes 4 of the 30 checks behind our score; 22 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 2/6
- Financial health
- 1/6
- Dividend
- 0/6
What stands out
Interest well covered
Operating income covers interest expense 5.4 times.
Growing faster than the industry
Revenue grew 33.8% over the last twelve months; the Insurance Agents, Brokers, and Service median is 13.8%.
Return on assets over 1%
Return on assets was 46.2%; for a bank or insurer, 1% or more is considered good.
Net margin above the industry
Neptune Insurance's net margin of 22.7% is above the Insurance Agents, Brokers, and Service median of 4.9%.
What to watch
P/E above the industry
Neptune Insurance's P/E of 91.9 is above the Insurance Agents, Brokers, and Service median of 30.1.
P/S above the industry
Neptune Insurance's price-to-sales of 19.98 is above the Insurance Agents, Brokers, and Service median of 3.43.
Short-term assets don't cover short-term debts
Current assets are 0.91 times current liabilities.
No dividend
Neptune Insurance has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E above the industry
Neptune Insurance's P/E of 91.9 is above the Insurance Agents, Brokers, and Service median of 30.1.
P/S above the industry
Neptune Insurance's price-to-sales of 19.98 is above the Insurance Agents, Brokers, and Service median of 3.43.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 33.8% over the last twelve months; the Insurance Agents, Brokers, and Service median is 13.8%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
Banks and insurers do not report gross profit.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on assets over 1%
Return on assets was 46.2%; for a bank or insurer, 1% or more is considered good.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin above the industry
Neptune Insurance's net margin of 22.7% is above the Insurance Agents, Brokers, and Service median of 4.9%.
Financial health1/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest well covered
Operating income covers interest expense 5.4 times.
Short-term assets don't cover short-term debts
Current assets are 0.91 times current liabilities.
Bankruptcy risk (Altman Z)
The Altman model does not apply to insurers.
Dividend0/6
No dividend
Neptune Insurance has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Neptune Insurance. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- EV/EBITDA at month end
- Insurance Agents, Brokers, and Service median 18.2
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $17.37M
- Value traded per 1% price move
- $10.50M
Downside
Medium risk
- Typical loss in a bad month
- 24.0%
- Volatility (annualized)
- 61%
- Sharpe ratio, 1 year
- 0.04
- Beta to the S&P 500 (5Y)
- 0.82
Margins
Share of revenue, fiscal years 2022 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +33.7% | – | – | – | |
| Operating income | +3.7% | – | – | – | |
| Net income | +8.2% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -12.6% | |
| Current ratio | – | – | 0.99 | |
| Debt to equity | – | – | 0.00 | |
| Interest coverage | – | – | 3.9× | |
| Diluted shares | – | – | 105M |
Cash use needs five years of cash flow figures
Neptune Insurance does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 23.4% | 2.81× | -0.19× | -12.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$37.41M
- Cash generatingOperating cash flow above zero$51.67M
- Return on assets improvedROA up on the prior year– → 77.7%
- Earnings backed by cashOperating cash flow above net income$51.67M vs $37.41M
- Less leverageLong-term debt to assets fell259.8% → 0.0%
- Better liquidityCurrent ratio rose0.73 → 0.99
- No dilutionShare count did not rise93M → 105M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → 3.31
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