ICC Holdings (ICCH) AI Stock Analysis

• Market Cap: $73.73M
• Dividend Yield: N/A
• Average Volume (3M): 6.61K
• Price to Earnings (P/E): 13.5
• Beta (1Y): 0.11
• Revenue Growth: 14.35%
• EPS Growth: 43.71%
• Country: US
• Employees: 106
• Sector: Financial
• Sector Strength: 85
• Industry: Insurance
• EPS (TTM): 1.74
• Shares Outstanding: 3,012,000
• 10 Day Avg. Volume: 10,998
• 30 Day Avg. Volume: 6,609
• PEG Ratio: -0.60
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.80
• P/FCF Ratio: 5.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

ICC Holdings demonstrates a balanced profile with stable revenue growth and a strong cash position, although profitability challenges exist. Technical analysis suggests stability with potential for slight growth. The stock is reasonably valued, yet the lack of significant earnings call insights tempers investor enthusiasm. The absence of corporate events maintains focus on operational and financial metrics.

ICC Holdings Business Overview & Revenue Model

Company Description

ICC Holdings, Inc. (ICCH) is an insurance holding company primarily engaged in underwriting property and casualty insurance. It operates through its subsidiaries, providing tailored insurance solutions that cater to individuals and businesses. The company's core services include offering personal and commercial insurance products, focusing on sectors such as hospitality, retail, and artisan contractors.

How the Company Makes Money

ICC Holdings generates revenue primarily through the sale of insurance policies. The company earns money from the premiums paid by policyholders for coverage under its various insurance products. Additionally, ICC Holdings invests the premiums collected in a diversified portfolio to generate investment income, which constitutes a significant portion of its earnings. The company also benefits from partnerships with insurance agents and brokers who help distribute its products and expand its market reach.

ICC Holdings Financial Statement Overview

Summary

ICC Holdings shows a mixed financial performance. The income statement highlights revenue growth but faces profitability challenges with negative gross profit margins. The balance sheet is stable with manageable debt levels and a strong equity position. Cash flows are positive with strong free cash flow growth, though there are some inconsistencies in cash flow relative to net income. Overall, the company is on a stable trajectory with potential areas for operational improvement.

Income Statement

ICC Holdings demonstrates a stable revenue growth from previous periods with a notable increase in the TTM period. However, the gross profit margin is significantly negative, indicating high costs relative to revenue. The net profit margin is modest, reflecting some profitability challenges. EBIT and EBITDA margins show improvement, especially in the TTM, suggesting better operational efficiency.

Balance Sheet

The balance sheet reflects moderate financial health with a consistent debt-to-equity ratio, indicating manageable leverage. The company has a growing equity base, supported by a decent equity ratio, suggesting a stable financial structure. However, potential risks include increasing liabilities which may impact future leverage.

Cash Flow

Cash flow analysis shows strong free cash flow growth, indicating robust cash generation capabilities. The operating cash flow to net income ratio is healthy, suggesting good cash conversion. However, free cash flow to net income ratio indicates some fluctuations, which could point to irregular cash generation relative to profits.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
92.76M	82.94M	69.68M	61.44M	54.88M	59.52M
	Gross Profit
-27.04B	82.94M	-1.66B	-1.62B	-1.39B	-1.69B
	EBIT
17.31M	0.00	-1.22M	4.61M	4.81M	5.13M
	EBITDA
8.96M	6.47M	167.31K	5.32M	5.47M	5.93M
	Net Income Common Stockholders
6.42M	4.26M	-471.34K	4.14M	3.53M	4.29M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
105.47M	1.48M	96.53M	110.45M	112.34M	98.71M
	Total Assets
150.28M	211.02M	192.27M	200.15M	183.94M	162.96M
	Total Debt
3.48M	15.00M	15.00M	18.46M	13.47M	3.48M
	Net Debt
-1.16M	13.52M	11.86M	13.85M	6.87M	-3.15M
	Total Liabilities
91.69M	144.01M	131.72M	125.30M	111.20M	96.62M
	Stockholders Equity
58.59M	67.00M	60.55M	74.85M	72.74M	66.34M
Cash Flow		Free Cash Flow
13.34M	7.90M	10.04M	4.32M	1.23M	2.09M
	Operating Cash Flow
13.92M	8.52M	10.76M	5.31M	1.61M	2.53M
	Investing Cash Flow
-5.38M	-9.78M	-6.26M	-12.15M	-13.11M	-393.65K
	Financing Cash Flow
-201.06K	-405.46K	-5.96M	4.85M	11.47M	-156.10K

ICC Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ICCH, the sentiment is Positive. The current price of 23.49 is above the 20-day moving average (MA) of 23.12, above the 50-day MA of 23.18, and above the 200-day MA of 22.76, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 62.07 is Neutral, neither overbought nor oversold. The STOCH value of 85.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ICCH.

ICC Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THG	79 Outperform	$5.88B	13.63	15.74%	2.14%	3.09%	168.29%
SIGI	73 Outperform	$5.26B	23.60	7.48%	1.69%	13.37%	-35.09%
HMN	71 Outperform	$1.69B	15.04	8.97%	3.30%	6.92%	129.52%
MCY	71 Outperform	$3.42B	11.96	16.71%	2.05%	18.27%	385.75%
Sector *	64 Neutral	$12.74B	9.83	7.63%	17000.35%	12.34%	-5.32%
ICCH	62 Neutral	$73.73M	13.53	7.45%	―	14.35%	43.71%
KMPR	58 Neutral	$4.09B	11.96	12.57%	1.95%	-6.08%	―