What is Kingstone Companies, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Kingstone Companies, Inc.'s reported free cash flow gives $131.60 per share. The share price was $22.74 on November 10, 2026, 83% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 5.5% | 10.0% | $82.19 | +261% |
| Base | 10.5% | 9.0% | $131.60 | +479% |
| Bull | 15.5% | 8.0% | $230.09 | +912% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $168.98 | $180.51 | $194.61 | $212.22 | $234.87 |
| 8.0% | $141.00 | $148.47 | $157.31 | $167.92 | $180.88 |
| 9.0% | $120.59 | $125.70 | $131.60 | $138.48 | $146.62 |
| 10.0% | $105.08 | $108.72 | $112.84 | $117.54 | $122.98 |
| 11.0% | $92.91 | $95.58 | $98.56 | $101.91 | $105.71 |
Where the presets come from
Base: years 1 to 5 grow at Kingstone Companies, Inc.'s revenue growth rate over the last 5 fiscal years (10.3% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions