NASDAQ · Insurance - Life

Midwest Holding Inc. (MDWT) Stock

$26.99 -0.02% NASDAQ: MDWT Financial Services

Midwest Holding Inc. functions as a financial services enterprise, primarily engaged in the life and annuity insurance business throughout the United States.

Valuation

Metric	Value
Price	$26.99
Market Cap	$101.05M
P/E Ratio	128.50
P/B Ratio	4.22
P/S Ratio	3.36
EPS (TTM)	$0.21
52-Week High	$27.50
52-Week Low	$12.33
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	1.67%
ROA	0.04%
ROCE	0.78%
Gross Margin	46.10%
Operating Margin	49.05%
Net Margin	2.63%
Debt/Equity	1.05
Current Ratio	72.25

Annual Financials (USD)

Metric	2018	2019	2020	2021	2022
Revenue	$1.0M	$3.0M	$11.0M	$30.0M	$30.0M
Operating Profit	$-5.0M	$-8.0M	$-13.0M	$-16.0M	$15.0M
Net Profit	$-5.0M	$-6.0M	$-12.0M	$-17.0M	$1.0M
EPS	$-2.55	$-4.87	$-4.81	$-4.45	$0.21
Op Margin	-572.9%	-247.8%	-121.7%	-53.6%	49.0%

Balance Sheet (USD)

Metric	2018	2019	2020	2021	2022
Total Assets	$66.0M	$220.0M	$726.0M	$1.2B	$1.9B
Total Liabilities	$23.0M	$8.0M	$19.0M	$31.0M	$1.9B
Cash	$3.0M	$44.0M	$152.0M	$142.0M	$191.0M
Borrowings	$19.0M	$1.0M	$0	$2.0M	$25.0M

Cash Flow (USD)

Metric	2018	2019	2020	2021	2022
Operating Cash Flow	$-20.0M	$-2.0M	$-16.0M	$-25.0M	$73.0M
Investing Cash Flow	$2.0M	$-118.0M	$-368.0M	$-453.0M	$-711.0M
Financing Cash Flow	$20.0M	$161.0M	$492.0M	$468.0M	$684.0M
Net Cash Flow	$2.0M	$41.0M	$108.0M	$-10.0M	$49.0M
Free Cash Flow	$-20.0M	$-3.0M	$-16.0M	$-26.0M	$71.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	-0.12
EV / EBITDA	-3.12
FCF Yield	70.59%
Quick Ratio	72.25
Interest Coverage	2.32
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
BLUABlueRiver Acquisition Corp.	$11.00	+0.09%	-25.00	$105.11M	0.00%
FANHFanhua Inc.	$1.53	-0.65%	0.10	$1.74B	0.00%
IOACInnovative International Acquisition Corp.	$9.60	-14.44%	-19.20	$100.74M	0.00%
JWACJupiter Wellness Acquisition Corp.	$5.65	-23.13%	140.55	$102.58M	0.00%
KGKestrel Group, Ltd.	$4.86	-1.82%	-1.06	$38.02M	0.00%

About Midwest Holding Inc.

Midwest Holding Inc. functions as a financial services enterprise, primarily engaged in the life and annuity insurance business throughout the United States. The company offers a range of annuity products, including both multi-year guaranteed and fixed indexed options, which are distributed via a network of independent marketing organizations. Furthermore, it extends its services to include asset management for third-party insurers and reinsurers, alongside other administrative offerings such as policy administration. The firm was established in 2003 and is headquartered in Lincoln, Nebraska.

Midwest Holding Inc. is headquartered in US.

Midwest Holding Inc. (MDWT) stock trades at $26.99 with a market capitalization of $101.05M. The stock is valued at a price-to-earnings (P/E) ratio of 128.50, price-to-book of 4.22, price-to-sales of 3.36. Over the past 52 weeks the stock has ranged between $12.33 and $27.50, and currently trades 1.9% below its 52-week high.

On profitability, Midwest Holding Inc. generates a return on equity (ROE) of 1.67%, return on capital employed of 0.78%, an operating margin of 49.05%, a net profit margin of 2.63%.

Official website: www.midwestholding.com

Midwest Holding Inc. by the numbers, 2013–2022

Between 2013 and 2022 Midwest Holding Inc. reported revenue of $5.0M rising to $30.0M, a change of +500.0% across 10 years. Compounded, revenue has grown 43.1% a year over five years, 115.4% over three, 0.0% over the last twelve months. Net profit rose to $1.0M.

Operating margin went from -43.4% in 2013 to 49.0% in 2022, a gain of 92.5 percentage points. The most recent net margin is 2.63%. On a trailing twelve-month basis to Sep '23, revenue is $92.0M and net profit $7.0M.

Borrowings rose from $1.0M to $25.0M, cash on hand is $393.2M, cash from operations was $73.0M in the latest year, positive in 2 of the last 10.

Return on equity has averaged 9.7% over five years, and was 4.2% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Midwest Holding Inc. (MDWT) — frequently asked questions

What is Midwest Holding Inc. (MDWT) stock price today?

Midwest Holding Inc. (MDWT) is currently trading at $26.99, down 0.02% today.

What is MDWT P/E ratio?

Midwest Holding Inc.'s P/E ratio is 128.50. This is above the typical market average of roughly 18-22x. A high P/E often reflects higher expected earnings growth, a temporary dip in earnings, or both.

What is MDWT return on equity (ROE)?

Midwest Holding Inc.'s return on equity (ROE) is 1.67%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Midwest Holding Inc.'s market cap?

Midwest Holding Inc. has a market capitalization of $101.05M.

Does MDWT pay a dividend?

Midwest Holding Inc. is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does MDWT carry?

Midwest Holding Inc. has a debt-to-equity ratio of 1.05. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is MDWT's profit margin?

Midwest Holding Inc. reports a net profit margin of 2.63% — the share of revenue left after every cost, including tax and interest.

What sector is MDWT in?

Midwest Holding Inc. is classified under Financial Services, in the Insurance - Life industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is MDWT listed on?

Midwest Holding Inc. trades on NASDAQ under the ticker MDWT.

What is MDWT's 52-week range?

Over the last year Midwest Holding Inc. has traded between $12.33 and $27.50.

Related Financial Services Stocks

BRK.A Berkshire Hathaway Inc. $733370.00 +0.00% BRK.B Berkshire Hathaway Inc. New $482.70 +0.00% JPM JP Morgan Chase & Co. $331.58 -1.47% V Visa Inc. $407.92 -1.55% MA Mastercard Incorporated $623.60 -1.52% BAC Bank of America Corporation $50.56 -1.02% HSBC HSBC Holdings, plc $90.68 -1.32% MS Morgan Stanley $179.49 -2.44% RY Royal Bank Of Canada $201.17 -0.44% GS Goldman Sachs Group, Inc. (The) $875.68 -1.75% WFC Wells Fargo & Company $82.39 -0.75% MUFG Mitsubishi UFJ Financial Group, Inc. $21.07 -1.59%

Screens MDWT currently matches

On the figures above, Midwest Holding Inc. passes the filters for 1 of our ready-made screens, among them Micro Cap Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

Micro Cap Stocks

Related stock screens

High ROE Financial Services Stocks Low P/E Financial Services Stocks High Net Margin Financial Services Stocks Dividend Financial Services Stocks Low Debt Financial Services Stocks High ROE Stocks Low P/E Stocks High Net Margin Stocks Dividend Stocks Low Debt Stocks Nasdaq High ROE Stocks All stock screens

Run Stock Screener Investing Guides

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.