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Upturn AI SWOT - About
FGF 
FG Financial Group (FGF)
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Upturn Advisory Summary
09/17/2025: FGF (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -77.68% | Avg. Invested days 17 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 20.37M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.33 | 52 Weeks Range 14.21 - 38.40 | Updated Date 06/29/2025 |
52 Weeks Range 14.21 - 38.40 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -22.47 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -48.88% | Operating Margin (TTM) -2257.65% |
Management Effectiveness
Return on Assets (TTM) -15.98% | Return on Equity (TTM) -40.66% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 40483843 | Price to Sales(TTM) 1.54 |
Enterprise Value 40483843 | Price to Sales(TTM) 1.54 | ||
Enterprise Value to Revenue 3.05 | Enterprise Value to EBITDA - | Shares Outstanding 1272320 | Shares Floating 800798 |
Shares Outstanding 1272320 | Shares Floating 800798 | ||
Percent Insiders 15.33 | Percent Institutions 34.15 |
Upturn AI SWOT
FG Financial Group
Company Overview
History and Background
FG Financial Group, Inc. was founded in 2010 and went public via a SPAC merger. It focuses on opportunistic investments in various sectors, evolving from a pure-play reinsurance entity to a diversified financial services company.
Core Business Areas
- Reinsurance: Underwrites reinsurance policies for various risks, providing capital relief and risk management solutions to insurance companies. FG Financial's reinsurance activities primarily focus on property and casualty lines.
- Asset Management: Manages a portfolio of opportunistic investments across various asset classes, including real estate, fixed income, and equities, aiming to generate attractive risk-adjusted returns.
- Direct Investment: Makes direct investments in businesses with high growth potential, seeking to leverage its operational expertise and capital to create value.
- FG Reinsurance Ltd.: A Bermuda-based reinsurance subsidiary that provides reinsurance solutions to property and casualty insurers. This segment is responsible for managing and underwriting reinsurance contracts.
Leadership and Structure
FG Financial Group is led by Kyle Cerminara (Chairman and CEO) and Larry Swets (Vice Chairman). The company operates with a board of directors overseeing strategic direction and corporate governance.
Top Products and Market Share
Key Offerings
- Reinsurance Policies: Provides reinsurance coverage to primary insurers to manage risk and capital. Market share data is not readily available, but reinsurance market is fragmented. Competitors include Munich Re, Swiss Re, and Berkshire Hathaway Reinsurance Group.
- Opportunistic Investments: Investments in diverse asset classes with the goal of producing high returns. Market share varies by asset class and specific investment. Competitors vary depending on the specific investment being made.
- SPAC Investments: Investments in SPACs and related securities. FG Financial actively manages a portfolio of these investments, seeking opportunities for growth and value creation. Competitors in the SPAC investment space include various hedge funds, private equity firms, and specialized investment managers.
Market Dynamics
Industry Overview
The financial services industry is characterized by intense competition, regulatory changes, and evolving market conditions. The reinsurance market is highly cyclical, influenced by catastrophe events and pricing trends. The asset management sector is driven by investor demand and macroeconomic factors.
Positioning
FG Financial Group differentiates itself through its opportunistic investment approach, targeting niche markets and undervalued assets. It aims to generate superior returns by leveraging its expertise in reinsurance and asset management.
Total Addressable Market (TAM)
The total addressable market is vast. Reinsurance TAM is in the hundreds of billions, while total asset management TAM is in the trillions. FG Financial's positioning is within specific niches of these larger markets.
Upturn SWOT Analysis
Strengths
- Diversified revenue streams
- Experienced management team
- Opportunistic investment approach
- Strong capital base
Weaknesses
- Small market capitalization
- Limited brand recognition
- Volatility in investment performance
- Reliance on key personnel
Opportunities
- Expansion into new markets
- Strategic acquisitions
- Growth in reinsurance demand
- Increased investor interest in alternative assets
Threats
- Economic downturn
- Increased competition
- Regulatory changes
- Catastrophic events affecting reinsurance business
Competitors and Market Share
Key Competitors
- BRK.A
- WRB
- RNR
Competitive Landscape
FG Financial competes with larger, more established players in the reinsurance and asset management industries. Its competitive advantage lies in its opportunistic approach and ability to identify undervalued assets.
Major Acquisitions
JFIN Activation Company, LLC
- Year: 2022
- Acquisition Price (USD millions): 50.1
- Strategic Rationale: Acquisition to expand into the Sports, Entertainment, and Esports industries.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by opportunistic investments and expansion in the reinsurance business.
Future Projections: Future growth prospects depend on the company's ability to identify and capitalize on attractive investment opportunities and manage its reinsurance business effectively. Analyst estimates are not readily available.
Recent Initiatives: Recent initiatives include strategic investments in various sectors and expansion of the reinsurance portfolio.
Summary
FG Financial Group is a small, diversified financial services company with an opportunistic investment strategy. It has a strong management team and a diversified revenue base, but faces challenges from increased competition and potential economic downturns. The company's future growth depends on its ability to identify and capitalize on attractive investment opportunities and manage its reinsurance business effectively. Overall it is a risky company but has the potential for growth if management does a good job.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Website
- Press Releases
- Market Research Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FG Financial Group
Exchange NASDAQ | Headquaters Mooresville, NC, United States | ||
IPO Launch date 2014-04-01 | Chairman of the Board & CEO Mr. Daniel Kyle Cerminara C.F.A., CFA | ||
Sector Financial Services | Industry Insurance - Diversified | Full time employees 130 | Website https://fundamentalglobal.com |
Full time employees 130 | Website https://fundamentalglobal.com | ||
Fundamental Global Inc. engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc. was founded in 1932 and is based in Mooresville, North Carolina.
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