Reliance Global Group Inc
Exchange: NASDAQSector: Financial ServicesIndustry: Insurance Brokers
Reliance Global Group, Inc. is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products.
Current Price
$0.41
-23.75%GoodMoat Value
$24.69
5852.4% undervaluedProfile
Valuation (TTM)
Market Cap$1.80M
P/E-0.26
EV—
P/B0.60
Shares Out4.35M
P/Sales0.14
Revenue$13.31M
EV/EBITDA—
Reliance Global Group Inc (RELI) Stock Analysis
Market Cap$1.80M
Current Price$0.41
P/E Ratio-0.26
Forward P/E—
PEG Ratio0.00
EPS$-9.01
Book Value$0.69
P/B Ratio0.60
RELI Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 11M
Revenue
4M
FY19
7M
FY20
10M
FY21
12M
FY22
8M
FY23
15M
FY24
Net Income
—
FY19
—
FY20
—
FY21
6M
FY22
—
FY23
2M
FY24
RELI 52-Week Range
$0.41
$2.83
50-Day MA: $0.62200-Day MA: —
Did you know?
Trading 5852% below its estimated fair value of $24.69.
Reliance Global Group Inc (RELI) Financial Summary
Reliance Global Group Inc (RELI) is a Financial Services company in the Insurance Brokers industry, listed on NASDAQ. The stock currently trades at $0.41 with a market capitalization of $1.80M.
Key valuation metrics include a P/E ratio of -0.26, price-to-book ratio of 0.60, and EPS of $-9.01. The company reports a profit margin of -52.8% and return on equity of -234.4%.
RELI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $1.80M |
| P/E Ratio | -0.26 |
| EPS | $-9.01 |
| P/B Ratio | 0.60 |
| P/S Ratio | 0.14 |
| Dividend Yield | 49.71% |
| Profit Margin | -52.8% |
| Return on Equity | -234.4% |
| Debt/Equity | 4.37 |
RELI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $4.45M | $-3.50M |
| FY20 | $7.30M | $-3.68M |
| FY21 | $9.71M | $-21.10M |
| FY22 | $11.76M | $6.47M |
| FY23 | $7.95M | $157601.00 |
| FY24 | $14.67M | $2.14M |
Reliance Global Group Inc (RELI) Valuation
Based on GoodMoat's DCF model, Reliance Global Group Inc has a fair value estimate of $24.69. At the current price of $0.41, the stock appears 98.3% undervalued relative to our intrinsic value estimate.
RELI Quality Indicators
Reliance Global Group Inc maintains a profit margin of -52.8% and an operating margin of 51.8%. Return on equity stands at -234.4%. The current ratio is 1.12. Debt-to-equity ratio is 4.37.
About Reliance Global Group Inc
Reliance Global Group, Inc. is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products.
RELI Free Cash Flow
Reliance Global Group Inc generated $1.63M in trailing twelve-month free cash flow, representing an FCF yield of 90.65%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
RELI Shares Outstanding
Reliance Global Group Inc has 0.00 billion shares outstanding at a share price of $0.41, giving it a market capitalization of $1.80M.