Kingstone COMPANIES, Inc. (KINS) intrinsic value & 10-year financials
Kingstone COMPANIES, Inc. (KINS) has a Graham intrinsic value of $75.04 per share. At $18.69 on Oct 17, 2026, the stock trades 75% below that value. Over the last 10 fiscal years revenue grew 12.0% a year to $214.9M, with an average return on invested capital of 6.2%.
- Graham intrinsic value
- $75.04
- Share price (Oct 17, 2026)
- $18.69
- Price vs Graham value
- 75% below
- Market cap
- $264.3M
- Revenue (FY2025)
- $214.9M
- Revenue growth (10-yr CAGR)
- 12.0%
- ROIC (10-yr avg)
- 6.2%
- Free cash flow (FY2025)
- $73.1M
KINS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $214.9M | $40.8M | $2.88 | $73.1M | — | 49.7% |
| FY2024 | $155.1M | $18.4M | $1.48 | $55.6M | — | 36.7% |
| FY2023 | $144.2M | -$6.2M | -$0.57 | -$13.2M | — | -12.3% |
| FY2022 | $130.2M | -$22.5M | -$2.12 | -$5.5M | — | -38.2% |
| FY2021 | $161.2M | -$7.4M | -$0.70 | $19.8M | — | -8.6% |
| FY2020 | $131.4M | $972.4K | $0.09 | -$13.6M | — | 1.0% |
| FY2019 | $145.6M | -$6.0M | -$0.55 | $25.9M | — | -6.6% |
| FY2018 | $113.8M | $3.1M | $0.29 | $19.6M | — | 3.6% |
| FY2017 | $92.8M | $10.0M | $0.94 | $25.2M | — | 16.6% |
| FY2016 | $77.4M | $8.9M | $1.14 | $14.6M | — | 19.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
KINGSTONE COMPANIES, INC. is a consistent compounder, expanding top-line revenue at 12.0% annually over the past decade.
KINGSTONE COMPANIES, INC. has historically struggled to out-earn its cost of capital, averaging just 6.2% ROIC.
KINGSTONE COMPANIES, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, KINGSTONE COMPANIES, INC. is modeled at 10.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $75.04 per share.