Conifer Holdings (STU:9KK) GF Value Rank : 9 (As of Jun. 04, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Conifer Holdings GF Value Rank?

Conifer Holdings has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Conifer Holdings's GF Value Rank

For the Insurance - Property & Casualty subindustry, Conifer Holdings's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution in the Insurance Industry

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

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

Conifer Holdings GF Value Rank Related Terms

Thank you for viewing the detailed overview of Conifer Holdings's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Conifer Holdings (STU:9KK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conifer Holdings Inc (STU:9KK) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

CNFR:USA

Address

550 West Merrill Street, Suite 200, Birmingham, MI, USA, 48009

Website

https://www.cnfrh.com

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.

Conifer Holdings (STU:9KK) Headlines

No Headlines