FMP
Tiptree Inc.
TIPT
NASDAQ
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was incorporated in 2007 and is based in New York, New York.
21.46 USD
-0.685 (-3.19%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
810.3M
1.2B
1.4B
1.65B
2.04B
2.59B
3.28B
4.15B
5.25B
6.65B
Revenue %
-
48.39
16.24
17.98
23.88
26.62
26.62
26.62
26.62
Ebitda
11.31M
127.45M
77.17M
134.21M
203.22M
184.19M
233.23M
295.33M
373.96M
473.52M
Ebitda %
1.4
10.6
5.52
8.14
9.95
7.12
7.12
7.12
7.12
Ebit
-6.27M
103.02M
54.2M
110.75M
181.57M
141.11M
178.67M
226.25M
286.48M
362.75M
Ebit %
-0.77
8.57
3.88
6.72
8.89
5.45
5.45
5.45
5.45
Depreciation
17.58M
24.44M
22.97M
23.47M
21.65M
43.09M
54.56M
69.08M
87.47M
110.76M
Depreciation %
2.17
2.03
1.64
1.42
1.06
1.67
1.67
1.67
1.67
Balance Sheet
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Total Cash
514.05M
753.17M
1.15B
472.53M
1.43B
1.59B
2.01B
2.55B
3.22B
4.08B
Total Cash %
63.44
62.64
82.28
28.65
69.9
61.38
61.38
61.38
61.38
Receivables
370.45M
454.37M
-
-
799.13M
634.39M
803.29M
1.02B
1.29B
1.63B
Receivables %
45.72
37.79
-
-
39.12
24.52
24.52
24.52
24.52
Inventories
-594.84M
-710.43M
-2.3B
-
-
-1.2B
-1.52B
-1.93B
-2.44B
-3.09B
Inventories %
-73.41
-59.08
-164.58
-
-
-46.5
-46.5
-46.5
-46.5
Payable
243.34M
285.98M
347.84M
580.33M
529.06M
723.2M
915.75M
1.16B
1.47B
1.86B
Payable %
30.03
23.78
24.89
35.19
25.9
27.96
27.96
27.96
27.96
Cap Ex
-6.69M
-2.76M
-10.73M
-14.03M
-4.03M
-14.86M
-18.81M
-23.82M
-30.16M
-38.19M
Cap Ex %
-0.83
-0.23
-0.77
-0.85
-0.2
-0.57
-0.57
-0.57
-0.57
Weighted Average Cost Of Capital
Price
21.46
Beta
Diluted Shares Outstanding
37.93M
Costof Debt
7.52
Tax Rate
After Tax Cost Of Debt
2.69
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
428.68M
Total Equity
813.72M
Total Capital
1.24B
Debt Weighting
34.5
Equity Weighting
65.5
Wacc
7.26
Build Up Free Cash Flow
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
810.3M
1.2B
1.4B
1.65B
2.04B
2.59B
3.28B
4.15B
5.25B
6.65B
Ebitda
11.31M
127.45M
77.17M
134.21M
203.22M
184.19M
233.23M
295.33M
373.96M
473.52M
Ebit
-6.27M
103.02M
54.2M
110.75M
181.57M
141.11M
178.67M
226.25M
286.48M
362.75M
Tax Rate
64.26
64.26
64.26
64.26
64.26
64.26
64.26
64.26
64.26
64.26
Ebiat
-4.07M
60.12M
3.57M
18.6M
64.89M
51.48M
65.19M
82.54M
104.52M
132.34M
Depreciation
17.58M
24.44M
22.97M
23.47M
21.65M
43.09M
54.56M
69.08M
87.47M
110.76M
Receivables
370.45M
454.37M
-
-
799.13M
634.39M
803.29M
1.02B
1.29B
1.63B
Inventories
-594.84M
-710.43M
-2.3B
-
-
-1.2B
-1.52B
-1.93B
-2.44B
-3.09B
Payable
243.34M
285.98M
347.84M
580.33M
529.06M
723.2M
915.75M
1.16B
1.47B
1.86B
Cap Ex
-6.69M
-2.76M
-10.73M
-14.03M
-4.03M
-14.86M
-18.81M
-23.82M
-30.16M
-38.19M
Ufcf
474.54M
156.1M
2.12B
-2.04B
-767.88M
1.64B
444.81M
563.24M
713.2M
903.08M
Wacc
7.26
7.26
7.26
7.26
7.26
Pv Ufcf
1.53B
386.63M
456.43M
538.84M
636.12M
Sum Pv Ufcf
3.55B
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
7.26
Free Cash Flow T1
921.14M
Terminal Value
17.51B
Present Terminal Value
12.33B
Intrinsic Value
Enterprise Value
15.88B
Net Debt
108.61M
Equity Value
15.77B
Diluted Shares Outstanding
37.93M
Equity Value Per Share
415.92
Projected DCF
415.92 0.948%
