Is NI Holdings Inc (NODK) overvalued? · rev $325.2M
NI Holdings Inc (NODK) is a insurance - property & casualty company listed on NASDAQ.
This page asks whether NI Holdings Inc (NODK) looks expensive on cached numbers — not a short thesis.
Latest reported NODK revenue for 2024-12-31 was $325.2M. Net income was $6.6M. Revenue was up 7.0% from 2023-12-31 to 2024-12-31. NODK currently screens at market cap $324.8M.
NODK currently screens at market cap $324.8M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next NODK 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the NODK stock page for the full model, not this heading.
Not investment advice.