NLNLI Holdings, Inc.
Is the price fair?
A demanding price: priced for +16% a year vs +0% a year delivered and at the top of its own P/E range.
Priced for ~16% a year FCF growth. The price already bakes in strong, sustained growth.
Expensive vs its own history: P/E 29.2 vs a 7.4 median over 26 quarters (+296% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What NL's price assumes
Today's price asks for 16% free cash flow growth a year; over the last three years NLI Holdings, Inc. delivered −37%, the price is ahead of the record.
Price / sales · no P/E: the last twelve months did not end in a profit
- Free cash flow yield
- 2.4%
Free cash flow yield · Security & Protection Services median 4.4%
- Growth the price implies
- +16%
Growth the price implies · The price pays for +16% free cash flow growth a year for a decade; the business has delivered −37% a year over the last three.
- Price / book
- 0.78
Price / book · as of 2026-Q1
Details›
- Price / bookas of 2026-Q1
- 0.78
- EV / EBITas of 2026-Q1
- 17.6
- EV / salesas of 2026-Q1
- 1.13
- Free cash flow, trailing twelve months
- $8.1M
- Market capitalisation
- $345M
- 3-year revenue growth
- +0.25%
- 3-year free cash flow growth
- −37%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Security & Protection Services
Ranks #8 of 10 by RyuScore