OLD REPUBLIC INTL CORP (ORI)
US6802231042 - Common Stock
Taking everything into account, ORI scores 4 out of 10 in our fundamental rating. ORI was compared to 139 industry peers in the Insurance industry. There are concerns on the financial health of ORI while its profitability can be described as average. ORI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ORI was profitable.
In the past year ORI had a positive cash flow from operations.
ORI had positive earnings in each of the past 5 years.
Each year in the past 5 years ORI had a positive operating cash flow.
1.2 Ratios
ORI has a Return On Assets of 2.64%. This is in the better half of the industry: ORI outperforms 62.32% of its industry peers.
Looking at the Return On Equity, with a value of 11.18%, ORI is in line with its industry, outperforming 52.17% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.34%, ORI is in the better half of the industry, outperforming 73.19% of the companies in the same industry.
ORI had an Average Return On Invested Capital over the past 3 years of 3.60%. This is in line with the industry average of 3.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 11.18% | ||
| ROIC | 3.34% |
ROA(3y)3.71%
ROA(5y)3.72%
ROE(3y)14.24%
ROE(5y)13.87%
ROIC(3y)3.6%
ROIC(5y)3.4%
1.3 Margins
ORI has a better Profit Margin (9.35%) than 60.87% of its industry peers.
ORI's Profit Margin has improved in the last couple of years.
The Operating Margin of ORI (14.45%) is better than 66.67% of its industry peers.
ORI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.45% | ||
| PM (TTM) | 9.35% | ||
| GM | N/A |
OM growth 3Y1.68%
OM growth 5Y1.55%
PM growth 3Y2.05%
PM growth 5Y7.48%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ORI has less shares outstanding than it did 1 year ago.
ORI has less shares outstanding than it did 5 years ago.
ORI has a better debt/assets ratio than last year.
2.2 Solvency
ORI has a debt to FCF ratio of 2.25. This is a good value and a sign of high solvency as ORI would need 2.25 years to pay back of all of its debts.
ORI has a Debt to FCF ratio (2.25) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.31 indicates that ORI is not too dependend on debt financing.
ORI has a better Debt to Equity ratio (0.31) than 62.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ORI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.88%.
ORI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.03% yearly.
Looking at the last year, ORI shows a decrease in Revenue. The Revenue has decreased by -4.14% in the last year.
The Revenue has been growing slightly by 2.41% on average over the past years.
EPS 1Y (TTM)-2.88%
EPS 3Y5.32%
EPS 5Y7.03%
EPS Q2Q%9.84%
Revenue 1Y (TTM)-4.14%
Revenue growth 3Y0.27%
Revenue growth 5Y2.41%
Sales Q2Q%5%
3.2 Future
The Earnings Per Share is expected to grow by 6.03% on average over the next years.
The Revenue is expected to grow by 6.98% on average over the next years.
EPS Next Y5.29%
EPS Next 2Y6.03%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.15%
Revenue Next 2Y6.98%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.77, which indicates a very decent valuation of ORI.
ORI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ORI to the average of the S&P500 Index (28.05), we can say ORI is valued rather cheaply.
The Price/Forward Earnings ratio is 10.71, which indicates a very decent valuation of ORI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ORI is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 20.07. ORI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.71 |
4.2 Price Multiples
ORI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.77 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ORI may justify a higher PE ratio.
PEG (NY)2.22
PEG (5Y)1.68
EPS Next 2Y6.03%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.37%, ORI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.38, ORI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, ORI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
5.2 History
The dividend of ORI decreases each year by -11.30%.
ORI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-11.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ORI pays out 38.55% of its income as dividend. This is a sustainable payout ratio.
DP38.55%
EPS Next 2Y6.03%
EPS Next 3YN/A
OLD REPUBLIC INTL CORP
NYSE:ORI (5/31/2024, 7:04:00 PM)
After market: 31.78 0 (0%)31.78
+0.33 (+1.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.64B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.71 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.22
PEG (5Y)1.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.64% | ||
| ROE | 11.18% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.45% | ||
| PM (TTM) | 9.35% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-2.88%
EPS 3Y5.32%
EPS 5Y
EPS Q2Q%
EPS Next Y5.29%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.14%
Revenue growth 3Y0.27%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y