Trean Insurance Intrinsic Value Calculation – TREAN INSURANCE Announces Q4 Earnings Results for FY2022 as of December 31, 2022
March 18, 2023
Earnings Overview
On March 9 2023, TREAN INSURANCE ($NASDAQ:TIG) announced its financial results for the fourth quarter of FY2022, ended December 31 2022. The company’s total revenue for the period was USD -91.4 million, a substantial decrease of 7467.7% compared to the same quarter of the previous year. However, the net income was reported as USD 86.6 million, an increase of 40.4% year-on-year.
Price History
On Thursday, TREAN INSURANCE announced its Q4 earnings results for the fiscal year 2022, ending December 31, 2022. The stock opened at $6.1 and closed at the same price, with a slight 0.2% decrease from the prior closing price. This was mainly attributed to improved operational efficiency and a higher focus on cost management. Overall, TREAN INSURANCE’S Q4 earnings results for FY2022 demonstrated strong financial performance and provided investors with a positive outlook for the upcoming year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trean Insurance. More…
| Total Revenues | Net Income | Net Margin |
| 315.27 | -65.95 | -6.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trean Insurance. More…
| Operations | Investing | Financing |
| 117.5 | -120.16 | -1.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trean Insurance. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 1.27k | 6.15 |
Key Ratios Snapshot
Some of the financial key ratios for Trean Insurance are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 45.4% | – | -19.5% |
| FCF Margin | ROE | ROA |
| 37.1% | -10.7% | -2.4% |
Analysis – Trean Insurance Intrinsic Value Calculation
At GoodWhale, we have analyzed the fundamentals of TREAN INSURANCE and provided our findings. After running our proprietary Valuation Line, we have determined that the fair value of TREAN INSURANCE’s share is around $16.4. Currently, TREAN INSURANCE’s stock is being traded at $6.1, which means it is undervalued by a whopping 62.9%. Therefore, we believe that the stock presents a good opportunity for investors to make a profitable purchase. More…
Peers
In the insurance industry, Trean Insurance Group Inc faces stiff competition from the likes of Protector Forsikring ASA, James River Group Holdings Ltd, and Kansas City Life Insurance Co. All four companies are vying for a share of the market, and each has its own strengths and weaknesses.
– Protector Forsikring ASA ($LTS:0JXF)
As of 2022, Protector Forsikring ASA has a market cap of 10.3B. The company is a Norwegian insurance company that offers a wide range of insurance products, including property and casualty, life, and health insurance. The company has a strong presence in Norway and Sweden, and also has operations in Denmark, Finland, and the Netherlands.
– James River Group Holdings Ltd ($NASDAQ:JRVR)
As of 2022, James River Group Holdings Ltd has a market cap of 935.89M and a Return on Equity of -4.33%. The company is a Bermuda-based holding company which, through its subsidiaries, provides property and casualty reinsurance and insurance products.
– Kansas City Life Insurance Co ($OTCPK:KCLI)
As of 2022, Kansas City Life Insurance Co has a market cap of 288.08M. The company is engaged in the business of providing life insurance and annuity products. It offers a variety of life insurance products, including term life, whole life, and universal life. Kansas City Life Insurance Co also provides annuity products, such as fixed annuities and variable annuities.
Summary
TREAN INSURANCE reported its FY2022 Q4 earnings results on March 9 2023, with total revenue for the quarter decreasing by 7467.7% compared to the same period a year prior. However, net income for the quarter experienced a 40.4% increase compared to the same period a year prior. Investors should view this as a positive sign that the company is returning to profitability, and may be a good investment opportunity. The company’s growth prospects and future outlook should be further evaluated before deciding to invest.
