Kingstone Companies Inc (KINS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kingstone Companies Inc stock $22.87, price $20.46, upside +11.8%, quality 66 out of 100. Rating: undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $0.7107 – $21.39 · fair‑value band $15.00 – $28.59 · the $20.46 price screens below the $22.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, provides property and casualty insurance products in the United States.
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The company offers personal line of insurance products, such as homeowners, dwelling fire, cooperative/condominiums, renters, and personal umbrella policies; and commercial auto insurance products.
It also underwrites for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies. The company provides its products through retail and wholesale agents and brokers.
The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. Kingstone Companies, Inc. was founded in 1886 and is headquartered in Kingston, New York.
Stock analysis
Kingstone Companies Inc (KINS) currently trades at $20.46, while our model-based Fair Value estimate is $22.87, implying the stock looks roughly 11% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $23.56 per share, and 2 of the 6 models we run sit above the $20.46 price.
Bear case: the Asset-Based group reads lowest at $3.64, and 4 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $15.00 (bear) to $28.59 (bull), the price of $20.46 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 66/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Kingstone Companies Inc reported revenue of $199M in FY2025 versus $161M in FY2021, a compound +5.4%/yr. Reported net income was $40.8M in FY2025.
Key figures
Market cap $300M Small · P/E ratio 7.7 · P/S ratio 1.21 · EPS (TTM) $2.67 · Dividend yield 1.0% · Net margin 17.0% · Return on equity 34.4% · Return on assets (EBIT) 0.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 46% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at 12%, KINS screens cheaper than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely ($1.22 to $36.61). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear$15.00Fair Value $22.87Bull$28.59
Price $20.46 · Upside +11.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($2.11 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $653,377, on May 29, 2026.
BuyThomas NewgardenDirector2× since May 12, 2026: 44,502 shares, avg. $14.68$653,377May 29, 2026
SaleWilliam L YankusDirector13,500 shares at $18.00$243,000Apr 16, 202610b5-1 plan
Plus 2 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+28.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.7%
Start year 2020 (pandemic). Over 10 years: +12.0% a year
Revenue growth 30 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
≈ +65.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +64.9%
Dividend (yield on the price)1.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 99.8% / 11.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−1% → 26%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.19 per share, median 0.94 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Property & Casualty · 100 stocks
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Is Kingstone Companies Inc (KINS) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $22.87 versus a price of $20.46, about +12% upside (undervalued).
What is the fair value of KINS?
Our model-based fair value for Kingstone Companies Inc is $22.87 (as of Nov 7, 2026), built from audited fundamentals. The current price: $20.46.
What is the quality score of KINS?
Kingstone Companies Inc has a Quality Score of 66/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Kingstone Companies Inc (KINS)?
Our model-based price target is the fair value of $22.87 (as of Nov 7, 2026) from 6 valuation models. Cautious scenario $15.00, optimistic scenario $28.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Kingstone Companies Inc stock forecast for 2026?
Our models put fair value at $22.87, about +12% upside versus a price of $20.46 (undervalued). Cautious scenario $15.00, optimistic scenario $28.59. The calculation is refreshed regularly with new filings.
What is the revenue of Kingstone Companies Inc (KINS)?
Kingstone Companies Inc reported trailing-twelve-month revenue of about $248M (latest available figure, as of Nov 7, 2026).
Does Kingstone Companies Inc pay a dividend?
Kingstone Companies Inc currently shows a dividend yield of 1.03% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Kingstone Companies Inc (KINS) and when is the ex-dividend date?
Kingstone Companies Inc pays a dividend of $0.21 per share a year, a dividend yield of 1.0%. The next ex-dividend date is Nov 10, 2026, with payment on Nov 25, 2026. The payout ratio is 9.7% of earnings (on adjusted earnings, reported 7.9%). Free cash flow covers the dividend 24.03 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Kingstone Companies Inc (KINS)?
For today's price to be fair in a discounted-cash-flow model, Kingstone Companies Inc would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.7 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of KINS use?
Our models discount Kingstone Companies Inc at 11.2 %: a base by market capitalisation (micro), damped by beta 0.48, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Kingstone Companies Inc that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Kingstone Companies Inc (KINS) delivered so far?
Over the past 5 years revenue at Kingstone Companies Inc grew +8.7 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Kingstone Companies Inc (KINS) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Kingstone Companies Inc (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Kingstone Companies Inc (KINS)?
The free-cash-flow yield on the price is 24.34 %: that much free cash flow Kingstone Companies Inc produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Kingstone Companies Inc (KINS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kingstone Companies Inc it is $22.87 per share (as of Nov 7, 2026), against a price of $20.46. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Kingstone Companies Inc stock overvalued or undervalued in 2026?
As of Nov 7, 2026, KINS trades below its calculated fair value: price $20.46, fair value $22.87, a gap of about +12% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KINS?
No. The price is what the market pays today ($20.46); the fair value is what the company's own numbers justify ($22.87). For Kingstone Companies Inc the two are $2.41 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kingstone Companies Inc worth?
The market values Kingstone Companies Inc at about $300M (market capitalisation, as of Nov 7, 2026). Per share that is $20.46; our models calculate a fair value of $22.87 per share.
What do the bullish and bearish scenarios say about KINS?
Our models span a range for Kingstone Companies Inc: cautious scenario $15.00, base $22.87, optimistic $28.59 per share (as of Nov 7, 2026, price $20.46). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KINS?
Kingstone Companies Inc trades at a price-to-earnings ratio of 7.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $22.87 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 8.7 (reported for FY2025: 7.1). Median P/E at fiscal year-end, 6 fiscal years (2016 to 2025), reported earnings, FY2018, FY2021, FY2025 ex one-offs: 16.0. Other multiples: PEG 3.3, P/B 2.5, P/S 1.2, EV/EBITDA 5.4.
What is the PEG ratio of KINS?
The PEG ratio of Kingstone Companies Inc is 3.28 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Kingstone Companies Inc (KINS)?
Balance-sheet figures for Kingstone Companies Inc (as of Nov 7, 2026): return on equity 34.4%, debt of 0.04 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is KINS from its 52-week high?
Kingstone Companies Inc trades at $20.46, about 2% below its 52-week high of $20.80 and 46% above the low of $14.00 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $22.87 is for.
Which stocks are comparable to Kingstone Companies Inc?
From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kingstone Companies Inc stock attractive at the current price?
The data as of Nov 7, 2026: price $20.46, calculated fair value $22.87 (+12%), Quality Score 66/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KINS calculated?
We run Kingstone Companies Inc through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $22.87 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Kingstone Companies Inc currently trades 11% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kingstone Companies Inc (KINS)?
The closing price on Nov 6, 2026 was $20.46. Our model-based fair value is $22.87, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kingstone Companies Inc right now?
A fairly wide model range ($15.00 to $28.59) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Kingstone Companies Inc (KINS) come from?
Earnings per share at Kingstone Companies Inc grew +9.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.9 %, EBIT margin +2.6 %, tax rate +1.8 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Kingstone Companies Inc
How large is the market capitalisation of Kingstone Companies Inc (KINS)?
The market capitalisation of Kingstone Companies Inc is $300M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kingstone Companies Inc (KINS)?
The price-to-sales ratio of Kingstone Companies Inc is 1.21 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kingstone Companies Inc (KINS)?
Earnings per share at Kingstone Companies Inc are $2.67 (price ÷ EPS = P/E 7.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kingstone Companies Inc (KINS)?
The dividend yield of Kingstone Companies Inc is 1.0% (payout 9.7%, on adjusted earnings, reported 7.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Kingstone Companies Inc (KINS)?
The net margin of Kingstone Companies Inc is 17.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kingstone Companies Inc (KINS)?
The return on equity (ROE) of Kingstone Companies Inc is 34.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Kingstone Companies Inc (KINS)?
On an EBIT basis the return on assets of Kingstone Companies Inc is 0.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Kingstone Companies Inc (KINS)?
The operating margin of Kingstone Companies Inc is 33.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kingstone Companies Inc (KINS)?
Revenue at Kingstone Companies Inc is growing +21.4% versus a year earlier (3y avg +15.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kingstone Companies Inc (KINS)?
Earnings per share at Kingstone Companies Inc are growing +60.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Kingstone Companies Inc (KINS) hold?
Kingstone Companies Inc holds more cash than debt, $7.7M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 7, 2026