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 34th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for CNFR, they are:
Interest coverage, a measure of earnings relative to interest payments, is -1; that's higher than only 12.98% of US stocks in the Financial Services sector that have positive free cash flow.
The company's compound free cash flow growth rate over the past 5.26 years comes in at -0.03%; that's greater than merely 20.12% of US stocks we're applying DCF forecasting to.
36% of the company's capital comes from equity, which is greater than merely 13.51% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CNFR, try WU, BSIG, BX, GBL, and ICE.