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FREMONT MICHIGAN INSURACORP INC (FMMH) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $36.05 Metrics
OS: 1.75 M
Market cap: $63.1 M
Net cash: $6.62 M $3.78 per share
EV: $56.5 M

 
TTM Valuation
EBITDA
EBIT $3.4 B 0.0 x EV/EBIT
EPS $2.69 13.4 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
Revenues65,037.056,946.950.247.442.141.528.919.3
            Revenue growth14.2%113330.6%5.9%12.6%1.5%43.5%49.9%13.1%
Cost of goods sold61,630.550,884.044.940.531.433.527.319.0
Gross profit3,406.56,062.95.36.910.77.91.60.3
            Gross margin5.2%10.6%10.6%14.6%25.4%19.1%5.5%1.4%
Selling, general and administrative0.00.00.040.531.433.527.319.0
EBIT3,406.56,062.95.36.910.77.91.60.3
            EBIT margin5.2%10.6%10.6%14.6%25.4%19.1%5.5%1.4%
Pre-tax income2,441.54,244.83.84.97.29.11.50.2
Income taxes0.00.00.00.00.00.00.00.0
            Tax rate0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income2,441.54,244.83.84.97.29.11.50.2
            Net margin3.8%7.5%7.5%10.3%17.1%21.9%5.2%1.2%
 
Diluted EPS$1.35$2.38$2.08$2.69$3.98$5.24$0.52 
Shares outstanding (diluted)1,808.51,783.51.81.81.81.72.9 
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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