CRAWFORD & COMPANY -CL A (CRD.A) Stock Fundamental Analysis
USA - NYSE:CRD.A - US2246332066 - Common Stock
10.57 USD
+0.13 (+1.25%)
10.57 USD
0 (0%)
CRD.A gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 146 industry peers in the Insurance industry. CRD.A has an average financial health and profitability rating. CRD.A has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CRD.A had positive earnings in the past year.
In the past year CRD.A had a positive cash flow from operations.
CRD.A had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CRD.A had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.71%, CRD.A is doing good in the industry, outperforming 73.97% of the companies in the same industry.
With a decent Return On Equity value of 16.76%, CRD.A is doing good in the industry, outperforming 77.40% of the companies in the same industry.
CRD.A's Return On Invested Capital of 7.93% is amongst the best of the industry. CRD.A outperforms 93.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CRD.A is above the industry average of 4.43%.
The 3 year average ROIC (7.40%) for CRD.A is below the current ROIC(7.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 16.76% | ||
| ROIC | 7.93% |
ROA(3y)1.61%
ROA(5y)2.44%
ROE(3y)7.94%
ROE(5y)10.69%
ROIC(3y)7.4%
ROIC(5y)7.11%
1.3 Margins
CRD.A's Profit Margin of 2.18% is on the low side compared to the rest of the industry. CRD.A is outperformed by 77.40% of its industry peers.
In the last couple of years the Profit Margin of CRD.A has grown nicely.
Looking at the Operating Margin, with a value of 4.71%, CRD.A is doing worse than 76.71% of the companies in the same industry.
CRD.A's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 27.72%, CRD.A belongs to the best of the industry, outperforming 89.04% of the companies in the same industry.
In the last couple of years the Gross Margin of CRD.A has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.71% | ||
| PM (TTM) | 2.18% | ||
| GM | 27.72% |
OM growth 3Y-0.78%
OM growth 5Y-6.8%
PM growth 3Y-9.71%
PM growth 5Y10.7%
GM growth 3Y2.28%
GM growth 5Y-0.53%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRD.A is still creating some value.
Compared to 1 year ago, CRD.A has more shares outstanding
CRD.A has less shares outstanding than it did 5 years ago.
CRD.A has a worse debt/assets ratio than last year.
2.2 Solvency
CRD.A has an Altman-Z score of 3.04. This indicates that CRD.A is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CRD.A (3.04) is better than 93.84% of its industry peers.
CRD.A has a debt to FCF ratio of 5.74. This is a neutral value as CRD.A would need 5.74 years to pay back of all of its debts.
The Debt to FCF ratio of CRD.A (5.74) is worse than 60.96% of its industry peers.
A Debt/Equity ratio of 1.15 is on the high side and indicates that CRD.A has dependencies on debt financing.
CRD.A has a worse Debt to Equity ratio (1.15) than 89.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 5.74 | ||
| Altman-Z | 3.04 |
ROIC/WACC1
WACC7.89%
2.3 Liquidity
CRD.A has a Current Ratio of 1.34. This is a normal value and indicates that CRD.A is financially healthy and should not expect problems in meeting its short term obligations.
CRD.A has a Current ratio of 1.34. This is amongst the best in the industry. CRD.A outperforms 82.88% of its industry peers.
A Quick Ratio of 1.34 indicates that CRD.A should not have too much problems paying its short term obligations.
CRD.A's Quick ratio of 1.34 is amongst the best of the industry. CRD.A outperforms 82.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.33% over the past year.
The Earnings Per Share has been growing slightly by 4.30% on average over the past years.
Looking at the last year, CRD.A shows a small growth in Revenue. The Revenue has grown by 4.66% in the last year.
CRD.A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.06% yearly.
EPS 1Y (TTM)6.33%
EPS 3Y2.67%
EPS 5Y4.3%
EPS Q2Q%-12%
Revenue 1Y (TTM)4.66%
Revenue growth 3Y5.59%
Revenue growth 5Y5.06%
Sales Q2Q%2.79%
3.2 Future
The Earnings Per Share is expected to grow by 20.84% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 5.59% on average over the next years.
EPS Next Y28.21%
EPS Next 2Y20.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.9%
Revenue Next 2Y5.59%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.58, the valuation of CRD.A can be described as correct.
CRD.A's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.86, CRD.A is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.16, the valuation of CRD.A can be described as reasonable.
CRD.A's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CRD.A is cheaper than 64.38% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CRD.A to the average of the S&P500 Index (23.32), we can say CRD.A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRD.A is valued a bit cheaper than 65.75% of the companies in the same industry.
CRD.A's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.36 | ||
| EV/EBITDA | 6.75 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CRD.A has a very decent profitability rating, which may justify a higher PE ratio.
CRD.A's earnings are expected to grow with 20.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)2.93
EPS Next 2Y20.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.94%, CRD.A has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.60, CRD.A pays a bit more dividend than its industry peers.
CRD.A's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
The dividend of CRD.A has a limited annual growth rate of 2.90%.
CRD.A has been paying a dividend for at least 10 years, so it has a reliable track record.
CRD.A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.9%
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
46.53% of the earnings are spent on dividend by CRD.A. This is a bit on the high side, but may be sustainable.
The dividend of CRD.A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP46.53%
EPS Next 2Y20.84%
EPS Next 3YN/A
10.57
+0.13 (+1.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners26.61%
Inst Owner Change1.76%
Ins Owners67.98%
Ins Owner ChangeN/A
Market Cap524.69M
Analysts87.27
Price Target15.25 (44.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
Yearly Dividend0.28
Dividend Growth(5Y)2.9%
DP46.53%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.44%
Min EPS beat(2)-12.82%
Max EPS beat(2)1.94%
EPS beat(4)1
Avg EPS beat(4)-9.11%
Min EPS beat(4)-19.8%
Max EPS beat(4)1.94%
EPS beat(8)3
Avg EPS beat(8)-9.99%
EPS beat(12)6
Avg EPS beat(12)-0.96%
EPS beat(16)7
Avg EPS beat(16)-6.07%
Revenue beat(2)0
Avg Revenue beat(2)-6.51%
Min Revenue beat(2)-7.4%
Max Revenue beat(2)-5.63%
Revenue beat(4)1
Avg Revenue beat(4)-3.91%
Min Revenue beat(4)-7.4%
Max Revenue beat(4)1.78%
Revenue beat(8)1
Avg Revenue beat(8)-4.6%
Revenue beat(12)2
Avg Revenue beat(12)-3.54%
Revenue beat(16)4
Avg Revenue beat(16)-2.04%
PT rev (1m)5.62%
PT rev (3m)5.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.16 | ||
| P/S | 0.39 | ||
| P/FCF | 13.36 | ||
| P/OCF | 6.48 | ||
| P/B | 2.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.75 |
EPS(TTM)0.84
EY7.95%
EPS(NY)1.15
Fwd EY10.91%
FCF(TTM)0.79
FCFY7.48%
OCF(TTM)1.63
OCFY15.43%
SpS27.38
BVpS3.56
TBVpS-1.77
PEG (NY)0.45
PEG (5Y)2.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 16.76% | ||
| ROCE | 12.35% | ||
| ROIC | 7.93% | ||
| ROICexc | 8.94% | ||
| ROICexgc | 21.07% | ||
| OM | 4.71% | ||
| PM (TTM) | 2.18% | ||
| GM | 27.72% | ||
| FCFM | 2.89% |
ROA(3y)1.61%
ROA(5y)2.44%
ROE(3y)7.94%
ROE(5y)10.69%
ROIC(3y)7.4%
ROIC(5y)7.11%
ROICexc(3y)8.28%
ROICexc(5y)7.91%
ROICexgc(3y)19.19%
ROICexgc(5y)17.62%
ROCE(3y)11.52%
ROCE(5y)11.07%
ROICexcg growth 3Y8.36%
ROICexcg growth 5Y3.89%
ROICexc growth 3Y8.29%
ROICexc growth 5Y-1.08%
OM growth 3Y-0.78%
OM growth 5Y-6.8%
PM growth 3Y-9.71%
PM growth 5Y10.7%
GM growth 3Y2.28%
GM growth 5Y-0.53%
F-Score7
Asset Turnover1.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 5.74 | ||
| Debt/EBITDA | 2 | ||
| Cap/Depr | 111.13% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.75% | ||
| Profit Quality | 132.48% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 3.04 |
F-Score7
WACC7.89%
ROIC/WACC1
Cap/Depr(3y)104.43%
Cap/Depr(5y)96.71%
Cap/Sales(3y)2.9%
Cap/Sales(5y)3.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.33%
EPS 3Y2.67%
EPS 5Y4.3%
EPS Q2Q%-12%
EPS Next Y28.21%
EPS Next 2Y20.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.66%
Revenue growth 3Y5.59%
Revenue growth 5Y5.06%
Sales Q2Q%2.79%
Revenue Next Year5.9%
Revenue Next 2Y5.59%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y25.98%
EBIT growth 3Y4.76%
EBIT growth 5Y-2.08%
EBIT Next Year70.41%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y27.93%
FCF growth 3Y-24.71%
FCF growth 5Y-28.7%
OCF growth 1Y19.84%
OCF growth 3Y-1.69%
OCF growth 5Y-7.25%