Event-Driven Stocks

National Interstate CORP

Financials · Fire, Marine & Casualty Insurance · OH · SEC filings ↗ · Compare ⊕

Signs3 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY15FY14FY13FY12FY11FY10
Revenue$149.4M$145.6M$568.9M$502.5M$468.5M$397.1M
Operating income
Net income$7.1M$8.1M$17.6M$34.3M$35.5M$39.5M
Total assets$1.94B$1.75B$1.62B$1.57B$1.52B$1.49B
Total liabilities$1.58B$1.39B$1.27B$1.22B$1.17B$1.18B
Equity$358.9M$362.1M$352.3M$353.9M$348.9M$308.0M
EPS (diluted)$0.36$0.41$0.89$1.75$1.82$2.03
Shares out.19.8M19.7M19.6M19.5M19.5M19.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2015
Operating margin
Net margin
4.8%
Return on equity
2.0%
Return on assets
0.4%
Return on capital (ROCE)
Liabilities / assets
81.5%
Debt / equity
4.39×
Book value / share
$18.09
Revenue growth (YoY)
2.6%
Net income growth (YoY)
−11.7%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2015
Accruals / assets
6.6%clean
Piotroski F-Score
3/7weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning3 good
  • High leverage (liabilities > 70% of assets)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)