(NP) Neptune Insurance Holdings - Overview
Sector: Financial Services | Industry: Insurance Brokers | Exchange: NYSE (USA) | Market Cap: 3.883m USD | Total Return: -10.4% in 12m
Avg Turnover: 23.9M
Rev. Trend: 99.9%
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Neptune Insurance Holdings Inc. (NYSE: NP) operates as a digital-focused insurance agency specializing in flood and earthquake coverage across the United States. Based in Saint Petersburg, Florida, the firm utilizes a network of partner agencies to distribute primary and excess flood insurance, as well as parametric and indemnity earthquake products. The company functions as a Managing General Agent (MGA), a business model that allows it to underwrite and price risk on behalf of traditional carriers without carrying the full capital burden of a primary insurer.
The private flood insurance sector has seen increased demand as an alternative to the National Flood Insurance Program (NFIP), often leveraging advanced data analytics to provide more granular risk pricing. Neptune’s integration of parametric insurance-which triggers payouts based on specific event intensity rather than manual damage assessments-reflects a broader industry shift toward automated claims processing. For a deeper look at the fundamental metrics driving this company, explore the data tools available at ValueRay. This technological approach to catastrophe insurance positions the firm within the growing intersection of financial services and climate risk management.
- Expansion of private flood insurance market share against federal programs
- Growth in agency distribution network drives policy acquisition and premium volume
- Reinsurance capacity pricing impacts underwriting margins and policyholder premiums
- Frequency of severe weather events influences loss ratios and carrier appetite
- Regulatory changes to National Flood Insurance Program affect competitive pricing advantages
| Net Income: 34.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.65 > 0.02 and ΔFCF/TA 8.31 > 1.0 |
| NWC/Revenue: -0.25% < 20% (prev -12.13%; Δ 11.88% < -1%) |
| CFO/TA 0.67 > 3% & CFO 56.9m > Net Income 34.8m |
| Net Debt (166.6m) to EBITDA (73.1m): 2.28 < 3 |
| Current Ratio: 0.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (145.8m) vs 12m ago 5.59% < -2% |
| Gross Margin: 74.29% > 18% (prev 66.41%; Δ 7.88% > 0.5%) |
| Asset Turnover: 202.1% > 50% (prev 147.4%; Δ 54.73% > 0%) |
| Interest Coverage Ratio: 3.57 > 6 (EBIT TTM 69.2m / Interest Expense TTM 19.4m) |
| A: -0.00 (Total Current Assets 71.2m - Total Current Liabilities 71.7m) / Total Assets 85.3m |
| B: -5.94 (Retained Earnings -507.0m / Total Assets 85.3m) |
| C: 0.83 (EBIT TTM 69.2m / Avg Total Assets 83.1m) |
| D: -0.71 (Book Value of Equity -213.4m / Total Liabilities 298.7m) |
| Altman-Z'' = -14.56 = D |
As of June 07, 2026, the stock is trading at USD 25.49 with a total of 543,600 shares traded.
Over the past week, the price has changed by -9.19%,
over one month by +2.41%,
over three months by +20.24% and
over the past year by -10.40%.
Neptune Insurance Holdings has no consensus analysts rating.
P/E Forward = 41.3223
P/S = 23.1138
Revenue TTM = 168.0m USD
EBIT TTM = 69.2m USD
EBITDA TTM = 73.1m USD
Long Term Debt = 227.0m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 227.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 166.6m USD (calculated: Debt 227.0m - CCE 60.4m)
Enterprise Value = 4.05b USD (3.88b + Debt 227.0m - CCE 60.4m)
Interest Coverage Ratio = 3.57 (Ebit TTM 69.2m / Interest Expense TTM 19.4m)
EV/FCF = 72.59x (Enterprise Value 4.05b / FCF TTM 55.8m)
FCF Yield = 1.38% (FCF TTM 55.8m / Enterprise Value 4.05b)
FCF Margin = 33.21% (FCF TTM 55.8m / Revenue TTM 168.0m)
Net Margin = 20.73% (Net Income TTM 34.8m / Revenue TTM 168.0m)
Gross Margin = 74.29% ((Revenue TTM 168.0m - Cost of Revenue TTM 43.2m) / Revenue TTM)
Gross Margin QoQ = 69.96% (prev 64.57%)
Tobins Q-Ratio = 47.48 (Enterprise Value 4.05b / Total Assets 85.3m)
Interest Expense / Debt = 8.53% (Interest Expense 19.4m / Debt 227.0m)
Taxrate = 30.79% (15.5m / 50.3m)
NOPAT = 47.9m (EBIT 69.2m * (1 - 30.79%))
Current Ratio = 0.99 (Total Current Assets 71.2m / Total Current Liabilities 71.7m)
Debt / Equity = -1.06 (negative equity) (Debt 227.0m / totalStockholderEquity, last quarter -213.4m)
Debt / EBITDA = 2.28 (Net Debt 166.6m / EBITDA 73.1m)
Debt / FCF = 2.99 (Net Debt 166.6m / FCF TTM 55.8m)
Total Stockholder Equity = -306.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 41.89% (Net Income 34.8m / Total Assets 85.3m)
RoE = -11.36% (negative equity) (Net Income TTM 34.8m / Total Stockholder Equity -306.4m)
RoCE = -87.20% (negative capital employed) (EBIT 69.2m / Capital Employed (Equity -306.4m + L.T.Debt 227.0m))
RoIC = 914.1% (NOPAT 47.9m / Invested Capital 5.24m)
WACC = 7.67% (E(3.88b)/V(4.11b) * Re(7.77%) + D(227.0m)/V(4.11b) * Rd(8.53%) * (1-Tc(0.31)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 72.01 | Cagr: 34.93%
[DCF] Terminal Value 77.97% ; FCFF base≈52.0m ; Y1≈59.6m ; Y5≈87.7m
[DCF] Fair Price = 12.14 (EV 1.32b - Net Debt 166.6m = Equity 1.15b / Shares 94.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 99.90 | Revenue CAGR: 37.11% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=+4.71% | Revisions=+64% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.15 | Chg30d=+2.69% | Revisions=+40% | Analysts=10
EPS current Year (2026-12-31): EPS=0.53 | Chg30d=+2.94% | Revisions=+54% | GrowthEPS=+30.0% | GrowthRev=+23.4%
EPS next Year (2027-12-31): EPS=0.64 | Chg30d=+1.50% | Revisions=+50% | GrowthEPS=+20.3% | GrowthRev=+16.1%
[Analyst] Revisions Ratio: +64%