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 $131.31 per share. The share price was $18.25 on September 25, 2026, 86% 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% | $81.89 | +349% |
| Base | 10.5% | 9.0% | $131.31 | +619% |
| Bull | 15.5% | 8.0% | $229.80 | +1,159% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $168.69 | $180.22 | $194.31 | $211.92 | $234.57 |
| 8.0% | $140.70 | $148.18 | $157.02 | $167.62 | $180.58 |
| 9.0% | $120.29 | $125.41 | $131.31 | $138.19 | $146.32 |
| 10.0% | $104.78 | $108.42 | $112.54 | $117.25 | $122.68 |
| 11.0% | $92.62 | $95.28 | $98.26 | $101.61 | $105.41 |
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