Kingsway Financial Services Inc. (DE) (KFS) Key Ratios
$9.65
As on 17-Jul-2026 09:30EDT
Market cap
$307 Mln
Revenue (TTM)
$156 Mln
P/E Ratio
--
P/B Ratio
21
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.18 | 25.38 | 32.38 | 16.35 | 13.24 |
| EBIT | -- | -- | 78.74 | -137.03 | -1.09 |
| Net Profit | 64.84 | 72.87 | 32.51 | -144.57 | -179.61 |
| EPS | 61.92 | 73.04 | 33.61 | -148.96 | -11.06 |
| Book Value | -- | -- | 83.65 | 6.44 | -17.48 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 6.14 | 11.08 | -0.77 | -6.26 | -3.08 |
| Net Margin
| -- | -- | -4.89 | -- | -- |
| Return on equity
| 2.99 | 13.41 | -36.23 | -44.64 | -41.79 |
| Return on Capital
| -0.04 | 1.68 | -- | -11.52 | -12.35 |
| Return on Assets
| -0.07 | 1.24 | -2.83 | -5.13 | -4.82 |
| Debt to Equity (x)
| -- | -- | 0.00 | 2.48 | 3.61 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
-11.52
|
-12.35
|
23.76
|
8.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-36.23
Lower than Peers by 50.81
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
-36.23
|
-44.64
|
-41.79
|
95.39
|
58.61
|
|
Peer Median
|
14.57
|
--
|
--
|
--
|
--
|
ROA
-2.83
Lower than Peers by 5.79
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
-2.83
|
-5.13
|
-4.82
|
9.75
|
6.49
|
|
Peer Median
|
2.96
|
--
|
--
|
--
|
--
|
EBIT Margin
-0.77
Lower than Peers by 13.15
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
-0.77
|
-6.26
|
-3.08
|
27.77
|
37.54
|
|
Peer Median
|
12.38
|
--
|
--
|
--
|
--
|
Net Margin
-4.89
Lower than Peers by 15.60
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
-4.89
|
-7.85
|
-8.24
|
21.88
|
21.56
|
|
Peer Median
|
10.71
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
32.38
Higher than Peers by 22.60
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
32.38
|
0.21
|
0.05
|
-0.06
|
0.41
|
|
Peer Median
|
9.78
|
--
|
--
|
--
|
--
|
EBIT Growth
78.74
Higher than Peers by 64.70
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
78.74
|
-146.54
|
-111.60
|
-30.54
|
9,278.89
|
|
Peer Median
|
14.04
|
--
|
--
|
--
|
--
|
Net Profit Growth
32.51
Lower than Peers by 0.11
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
32.51
|
-15.74
|
-139.36
|
-4.70
|
7,328.65
|
|
Peer Median
|
32.62
|
--
|
--
|
--
|
--
|
EPS Growth
33.61
Higher than Peers by 1.61
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
33.61
|
-0.13
|
-1.39
|
-0.18
|
71.86
|
|
Peer Median
|
32.00
|
--
|
--
|
--
|
--
|
Book Value Growth
-63.82
Lower than Peers by 77.66
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
-63.82
|
--
|
--
|
--
|
--
|
|
Peer Median
|
13.83
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
2.48
|
3.61
|
1.65
|
4.76
|
|
Peer Median
|
0.24
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
1.78
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
1.78
|
0.05
|
0.05
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.87
Lower than Peers by 1.32
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
0.87
|
790.93
|
0.14
|
38.38
|
34.52
|
|
Peer Median
|
2.19
|
--
|
--
|
--
|
--
|
Quick Ratio
0.87
Lower than Peers by 2.12
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
0.87
|
--
|
--
|
--
|
-6.60
|
|
Peer Median
|
3.00
|
--
|
--
|
--
|
--
|
Interest Coverage
0.09
Lower than Peers by 15.91
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
0.09
|
-1.57
|
-0.72
|
4.78
|
5.32
|
|
Peer Median
|
16.00
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.61
Lower than Peers by 19.91
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
9.61
|
10.20
|
9.72
|
11.25
|
12.23
|
|
Peer Median
|
29.52
|
--
|
--
|
--
|
--
|
Asset Turnover
0.58
Higher than Peers by 0.32
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
0.58
|
0.65
|
0.59
|
0.45
|
0.30
|
|
Peer Median
|
0.26
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
33.23
|
37.40
|
44.33
|
55.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
--
|
--
|
485.92
|
429.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
--
|
--
|
310.23
|
-124.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
--
|
--
|
220.03
|
608.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
-34.92
|
-24.50
|
9.66
|
7.44
|
|
Peer Median
|
10.87
|
--
|
--
|
--
|
--
|
Price / Book Value
21.01
Higher than Peers by 19.33
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
21.01
|
11.93
|
13.63
|
8.22
|
8.48
|
|
Peer Median
|
1.67
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.65
|
--
|
--
|
--
|
--
|
EV/EBITDA
126.22
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
126.22
|
651.21
|
77.61
|
7.15
|
4.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
307
Lower than Peers by 370
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Kingsway Financial Services Inc. (DE) (KFS)
|
307
|
--
|
--
|
--
|
--
|
|
Peer Median
|
677
|
--
|
--
|
--
|
--
|