Conifer Holdings is engaged in the sale of property and casualty insurance products. The company was founded in 2009 and is based in Birmingham, Michigan.
CNFR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CNFR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Conifer Holdings Inc ranked in the 65th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 147%. In terms of the factors that were most noteworthy in this DCF analysis for CNFR, they are:
The company's debt burden, as measured by earnings divided by interest payments, is -1.87 -- which is good for besting just 11.84% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
41% of the company's capital comes from equity, which is greater than merely 21.82% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GL, UIHC, SAMG, AJG, and OCN can be thought of as valuation peers to CNFR, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.