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Conifer Holdings (Conifer Holdings) Enterprise Value : $31.48 Mil (As of May. 14, 2024)


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What is Conifer Holdings Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Conifer Holdings's Enterprise Value is $31.48 Mil. Conifer Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-22.44 Mil. Therefore, Conifer Holdings's EV-to-EBIT ratio for today is -1.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Conifer Holdings's Enterprise Value is $31.48 Mil. Conifer Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-21.89 Mil. Therefore, Conifer Holdings's EV-to-EBITDA ratio for today is -1.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Conifer Holdings's Enterprise Value is $31.48 Mil. Conifer Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $96.42 Mil. Therefore, Conifer Holdings's EV-to-Revenue ratio for today is 0.33.


Conifer Holdings Enterprise Value Historical Data

The historical data trend for Conifer Holdings's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Conifer Holdings Enterprise Value Chart

Conifer Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.73 64.66 46.17 25.02 33.38

Conifer Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.02 30.85 36.05 24.96 33.38

Competitive Comparison of Conifer Holdings's Enterprise Value

For the Insurance - Property & Casualty subindustry, Conifer Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Conifer Holdings's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Conifer Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Conifer Holdings's Enterprise Value falls into.



Conifer Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Conifer Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Conifer Holdings's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Conifer Holdings  (NAS:CNFR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Conifer Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=31.477/-22.438
=-1.40

Conifer Holdings's current Enterprise Value is $31.48 Mil.
Conifer Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.44 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Conifer Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=31.477/-21.893
=-1.44

Conifer Holdings's current Enterprise Value is $31.48 Mil.
Conifer Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.89 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Conifer Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=31.477/96.423
=0.33

Conifer Holdings's current Enterprise Value is $31.48 Mil.
Conifer Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $96.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Conifer Holdings Enterprise Value Related Terms

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Conifer Holdings (Conifer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
550 West Merrill Street, Suite 200, Birmingham, MI, USA, 48009
Conifer Holdings Inc is an insurance company engaged in the sale of property and casualty insurance products. It is engaged in three classes of insurance businesses; commercial lines, personal lines, and wholesale agency business. Within these three businesses, the company offers various insurance products and insurance agency services. The company views the commercial and personal lines segments as underwriting business. The wholesale agency business provides non-risk bearing revenue through commissions and policy fees. Its revenues are derived from premiums earned from insurance operations.
Executives
James G Petcoff director, 10 percent owner, officer: Chairman and CEO 350 N NINTH STREET, SUITE 202, BOISE ID 83702
Gerald W Hakala director 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Brian J Roney officer: President 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Nicholas J Petcoff director, officer: EVP, Secretary 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Joseph D Sarafa director 11123 BUGAI, TRAVERSE CITY MI 49684
Clarkston Ventures, Llc 10 percent owner 91 WEST LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Jeffrey Anthony Hakala director 91 WEST LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Williams R Jamison Jr director 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Isolde O'hanlon director 550 W MERRILL, SUITE 200, BIRMINGHAM MI 48009
Timothy Lamothe director 26 WAKEMAN ROAD, SOUTH SALEM NY 10590
Andrew Petcoff officer: SVP, Marketing 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
John William Melstrom director 355 S. OLD WOODWARD AVENUE, SUITE 200, BIRMINGHAM MI 48009
Mark Mccammon director 550 W. MERRILL STREET, SUITE 200, BIRMINGHAM MI 48009
Harold J Meloche officer: CFO, Treasurer 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034
Jorge J Morales director 28819 FRANKLIN ROAD, SOUTHFIELD MI 48034