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Upturn AI SWOT - About
KFS 
Kingsway Financial Services Inc (KFS)
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Upturn Advisory Summary
03/27/2025: KFS (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -21.7% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 218.92M USD | Price to earnings Ratio - | 1Y Target Price 1 |
Price to earnings Ratio - | 1Y Target Price 1 | ||
Volume (30-day avg) 66689 | Beta -0.04 | 52 Weeks Range 7.06 - 9.58 | Updated Date 04/2/2025 |
52 Weeks Range 7.06 - 9.58 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.34 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-03-03 | When After Market | Estimate - | Actual -0.0659 |
Profitability
Profit Margin -8.23% | Operating Margin (TTM) 2.15% |
Management Effectiveness
Return on Assets (TTM) -0.04% | Return on Equity (TTM) -37.81% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 282447093 | Price to Sales(TTM) 1.94 |
Enterprise Value 282447093 | Price to Sales(TTM) 1.94 | ||
Enterprise Value to Revenue 2.51 | Enterprise Value to EBITDA - | Shares Outstanding 27537200 | Shares Floating 14090760 |
Shares Outstanding 27537200 | Shares Floating 14090760 | ||
Percent Insiders 27.83 | Percent Institutions 46.69 |
Analyst Ratings
Rating - | Target Price 1 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Kingsway Financial Services Inc
Company Overview
History and Background
Kingsway Financial Services Inc. (KFS) was founded in 1989. It initially focused on non-standard auto insurance. Over time, it has diversified into other specialty insurance and business service segments, undergoing strategic shifts and acquisitions to adapt to market changes. Significant milestones include expanding into adjacent insurance lines and venturing into fee-based service businesses.
Core Business Areas
- Insurance Segment: Focuses on niche or underserved markets, offering specialized insurance products. Historically this was in non-standard auto insurance.
- Business Services: Offers a variety of services including extended warranties, asset recovery and fee-based services to the insurance industry. These are often complimentary to the insurance segment.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other key executives overseeing the various business segments. The organizational structure includes corporate functions and operational divisions for each line of business.
Top Products and Market Share
Key Offerings
- Non-Standard Auto Insurance: Provides auto insurance to drivers considered high-risk. Market share data is not easily available for this specific niche. Competitors include Progressive (PGR), Direct General (National General Holdings, now part of Allstate), and other regional non-standard auto insurers. Revenue from this product is substantial, contributing a large portion of the insurance segment's revenue.
- Extended Warranties: Offers extended warranty products for a variety of consumer and industrial goods. Market share data for extended warranties are fragmented. Competitors include Assurant (AIZ) and AmTrust Financial (AFSI). Revenue varies, dependent on consumer and industrial goods sales.
- Asset Recovery: Recovers assets for insurance companies. Market Share data is highly fragmented. Key Competitors are smaller regional firms. Revenue varies based on claims activity.
Market Dynamics
Industry Overview
The specialty insurance market is characterized by serving niche segments with higher risk profiles and unique needs. The business services market involves offering services to support insurance operations.
Positioning
Kingsway is positioned as a specialist provider focused on underserved segments of the insurance market and ancillary service offerings. Competitive advantages stem from its expertise in managing risks within these niche markets.
Total Addressable Market (TAM)
The TAM for specialty insurance and business services is substantial, potentially reaching hundreds of billions of dollars. Kingsway's positioning allows it to capture segments of this TAM by focusing on particular underserved sectors.
Upturn SWOT Analysis
Strengths
- Niche market focus
- Expertise in specialty insurance
- Diversified revenue streams
- Strong relationships within niche distribution channels.
Weaknesses
- Small relative size to larger insurers
- Reliance on specific market niches
- Potential for higher claims volatility
- Brand recognition lower than larger competitors.
Opportunities
- Expansion into new niche markets
- Strategic acquisitions
- Increased demand for specialty insurance
- Leveraging technology to improve efficiency
Threats
- Increased competition
- Changes in regulations
- Economic downturn
- Unexpectedly high claims payouts.
Competitors and Market Share
Key Competitors
- PGR
- AIZ
- AFSI
Competitive Landscape
Kingsway's advantage lies in its niche market focus and expertise in managing risks in underserved segments. Its disadvantages stem from its smaller size and lower brand recognition compared to larger competitors.
Major Acquisitions
Universal Casualty Company
- Year: 2004
- Acquisition Price (USD millions): 76
- Strategic Rationale: To expand into the non-standard auto insurance market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been cyclical, dependent on market conditions, acquisitions, and the performance of the insurance segment.
Future Projections: Future growth projections are not readily available without analyst estimates and detailed financial models. They depend on the successful execution of their strategy and market conditions.
Recent Initiatives: Recent initiatives could include acquisitions, strategic partnerships, and technology investments to enhance efficiency and expand market reach.
Summary
Kingsway Financial Services operates in the specialty insurance and business services markets, focusing on niche areas. Their strategic success hinges on managing risks effectively and capitalizing on growth opportunities within these underserved segments. Challenges arise from competition and regulatory changes. Financial data has become less readily available, and performance has been dependent on claims and investment performance. Further strategic moves are important to future financial success
Similar Companies
AIZ
Assurant Inc
AIZ
Assurant Inc
PGR
Progressive Corp
PGR
Progressive Corp
Sources and Disclaimers
Data Sources:
- Company Website
- Public Filings
- Market Research Reports
Disclaimers:
The data provided is based on available public information and is subject to change. Market share data is estimated. AI based ratings are intended as initial analysis and not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Kingsway Financial Services Inc
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 1996-10-08 | President, CEO & Director Mr. John Taylor-Maloney Fitzgerald | ||
Sector Consumer Cyclical | Industry Auto & Truck Dealerships | Full time employees 433 | Website https://kingsway-financial.com |
Full time employees 433 | Website https://kingsway-financial.com | ||
Kingsway Financial Services Inc. through its subsidiaries, engages in the extended warranty and business services in the United States. It operates through two segments: Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies, as well as after-market vehicle protection services. Its Kingsway Search Xcelerator segment offers outsourced finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, Securities and Exchange Commission reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim staffing engagements; search services for permanent placements; healthcare staffing services to acute healthcare facilities for short-term and day-to-day needs of hospitals; software products for the management needs of all types of shared-ownership properties; and fully managed outsourced cardiac telemetry services, as well as provides mobile monitors to the hospitals. It offers its products and services through credit unions and dealers. Kingsway Financial Services Inc. was incorporated in 1989 and is headquartered in Chicago, Illinois.
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