ERIE INDEMNITY COMPANY-CL A (ERIE) Stock Fundamental Analysis
USA - NASDAQ:ERIE - US29530P1021 - Common Stock
320.3 USD
+4.11 (+1.3%)
Taking everything into account, ERIE scores 7 out of 10 in our fundamental rating. ERIE was compared to 145 industry peers in the Insurance industry. Both the health and profitability get an excellent rating, making ERIE a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, ERIE is valued expensive at the moment. These ratings would make ERIE suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year ERIE was profitable.
In the past year ERIE had a positive cash flow from operations.
Each year in the past 5 years ERIE has been profitable.
In the past 5 years ERIE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 19.98%, ERIE belongs to the top of the industry, outperforming 99.31% of the companies in the same industry.
Looking at the Return On Equity, with a value of 28.61%, ERIE belongs to the top of the industry, outperforming 95.17% of the companies in the same industry.
ERIE has a Return On Invested Capital of 24.43%. This is amongst the best in the industry. ERIE outperforms 99.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ERIE is significantly above the industry average of 4.40%.
The 3 year average ROIC (22.70%) for ERIE is below the current ROIC(24.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.98% | ||
| ROE | 28.61% | ||
| ROIC | 24.43% |
ROA(3y)17.39%
ROA(5y)15.86%
ROE(3y)25.89%
ROE(5y)24.91%
ROIC(3y)22.7%
ROIC(5y)20.35%
1.3 Margins
With an excellent Profit Margin value of 15.73%, ERIE belongs to the best of the industry, outperforming 84.83% of the companies in the same industry.
ERIE's Profit Margin has improved in the last couple of years.
The Operating Margin of ERIE (17.57%) is better than 73.10% of its industry peers.
In the last couple of years the Operating Margin of ERIE has grown nicely.
ERIE has a Gross Margin of 17.57%. This is amongst the best in the industry. ERIE outperforms 87.59% of its industry peers.
In the last couple of years the Gross Margin of ERIE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.57% | ||
| PM (TTM) | 15.73% | ||
| GM | 17.57% |
OM growth 3Y13.86%
OM growth 5Y4.33%
PM growth 3Y11.83%
PM growth 5Y4.34%
GM growth 3Y13.86%
GM growth 5Y4.33%
2. Health
2.1 Basic Checks
ERIE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ERIE has about the same amount of shares outstanding.
The number of shares outstanding for ERIE has been increased compared to 5 years ago.
There is no outstanding debt for ERIE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
ERIE has an Altman-Z score of 14.17. This indicates that ERIE is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 14.17, ERIE belongs to the top of the industry, outperforming 98.62% of the companies in the same industry.
There is no outstanding debt for ERIE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.17 |
ROIC/WACC2.79
WACC8.77%
2.3 Liquidity
ERIE has a Current Ratio of 1.47. This is a normal value and indicates that ERIE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ERIE (1.47) is better than 86.21% of its industry peers.
A Quick Ratio of 1.47 indicates that ERIE should not have too much problems paying its short term obligations.
ERIE has a Quick ratio of 1.47. This is amongst the best in the industry. ERIE outperforms 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.95% over the past year.
ERIE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.63% yearly.
The Revenue has grown by 12.00% in the past year. This is quite good.
ERIE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.91% yearly.
EPS 1Y (TTM)17.95%
EPS 3Y26.36%
EPS 5Y13.63%
EPS Q2Q%6.71%
Revenue 1Y (TTM)12%
Revenue growth 3Y12.95%
Revenue growth 5Y8.91%
Sales Q2Q%7.03%
3.2 Future
Based on estimates for the next years, ERIE will show a small growth in Earnings Per Share. The EPS will grow by 6.51% on average per year.
Based on estimates for the next years, ERIE will show a quite strong growth in Revenue. The Revenue will grow by 8.44% on average per year.
EPS Next Y10.71%
EPS Next 2Y13.47%
EPS Next 3Y6.51%
EPS Next 5YN/A
Revenue Next Year8.76%
Revenue Next 2Y8.44%
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 decreasing.
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 26.78, the valuation of ERIE can be described as expensive.
Based on the Price/Earnings ratio, ERIE is valued a bit more expensive than 77.24% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.90. ERIE is around the same levels.
With a Price/Forward Earnings ratio of 21.67, ERIE is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ERIE is valued a bit more expensive than the industry average as 71.03% of the companies are valued more cheaply.
ERIE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 21.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ERIE indicates a slightly more expensive valuation: ERIE is more expensive than 65.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.69 | ||
| 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.
ERIE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.5
PEG (5Y)1.96
EPS Next 2Y13.47%
EPS Next 3Y6.51%
5. Dividend
5.1 Amount
ERIE has a Yearly Dividend Yield of 1.74%. Purely for dividend investing, there may be better candidates out there.
ERIE's Dividend Yield is comparable with the industry average which is at 3.33.
Compared to the average S&P500 Dividend Yield of 2.44, ERIE is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
5.2 History
On average, the dividend of ERIE grows each year by 7.09%, which is quite nice.
ERIE has been paying a dividend for at least 10 years, so it has a reliable track record.
ERIE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.09%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
ERIE pays out 39.35% of its income as dividend. This is a sustainable payout ratio.
The dividend of ERIE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.35%
EPS Next 2Y13.47%
EPS Next 3Y6.51%
NASDAQ:ERIE (10/7/2025, 1:41:51 PM)
320.3
+4.11 (+1.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.49%
Inst Owner Change0%
Ins Owners9.21%
Ins Owner Change0%
Market Cap16.75B
Analysts85.71
Price TargetN/A
Short Float %7.37%
Short Ratio13.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.74% |
Yearly Dividend4.54
Dividend Growth(5Y)7.09%
DP39.35%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.91%
Min EPS beat(2)-16.06%
Max EPS beat(2)-5.77%
EPS beat(4)1
Avg EPS beat(4)-4.78%
Min EPS beat(4)-16.06%
Max EPS beat(4)3.37%
EPS beat(8)5
Avg EPS beat(8)3.04%
EPS beat(12)7
Avg EPS beat(12)2.94%
EPS beat(16)8
Avg EPS beat(16)0.8%
Revenue beat(2)0
Avg Revenue beat(2)-4.04%
Min Revenue beat(2)-6.43%
Max Revenue beat(2)-1.65%
Revenue beat(4)0
Avg Revenue beat(4)-2.67%
Min Revenue beat(4)-6.43%
Max Revenue beat(4)-0.51%
Revenue beat(8)4
Avg Revenue beat(8)0.23%
Revenue beat(12)8
Avg Revenue beat(12)0.97%
Revenue beat(16)10
Avg Revenue beat(16)0.68%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)-0.44%
EPS NQ rev (3m)0.9%
EPS NY rev (1m)0.24%
EPS NY rev (3m)-0.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.78 | ||
| Fwd PE | 21.67 | ||
| P/S | 4.22 | ||
| P/FCF | 29.69 | ||
| P/OCF | 24.33 | ||
| P/B | 7.67 | ||
| P/tB | 7.67 | ||
| EV/EBITDA | N/A |
EPS(TTM)11.96
EY3.73%
EPS(NY)14.78
Fwd EY4.61%
FCF(TTM)10.79
FCFY3.37%
OCF(TTM)13.16
OCFY4.11%
SpS75.99
BVpS41.78
TBVpS41.78
PEG (NY)2.5
PEG (5Y)1.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.98% | ||
| ROE | 28.61% | ||
| ROCE | 30.8% | ||
| ROIC | 24.43% | ||
| ROICexc | 29.53% | ||
| ROICexgc | 29.53% | ||
| OM | 17.57% | ||
| PM (TTM) | 15.73% | ||
| GM | 17.57% | ||
| FCFM | 14.2% |
ROA(3y)17.39%
ROA(5y)15.86%
ROE(3y)25.89%
ROE(5y)24.91%
ROIC(3y)22.7%
ROIC(5y)20.35%
ROICexc(3y)26.07%
ROICexc(5y)23.37%
ROICexgc(3y)26.07%
ROICexgc(5y)23.37%
ROCE(3y)28.61%
ROCE(5y)25.66%
ROICexcg growth 3Y18.69%
ROICexcg growth 5Y2.5%
ROICexc growth 3Y18.69%
ROICexc growth 5Y2.5%
OM growth 3Y13.86%
OM growth 5Y4.33%
PM growth 3Y11.83%
PM growth 5Y4.34%
GM growth 3Y13.86%
GM growth 5Y4.33%
F-Score7
Asset Turnover1.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 3.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 90.25% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 14.17 |
F-Score7
WACC8.77%
ROIC/WACC2.79
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)2.83%
Cap/Sales(5y)3.27%
Profit Quality(3y)81.95%
Profit Quality(5y)85.8%
High Growth Momentum
Growth
EPS 1Y (TTM)17.95%
EPS 3Y26.36%
EPS 5Y13.63%
EPS Q2Q%6.71%
EPS Next Y10.71%
EPS Next 2Y13.47%
EPS Next 3Y6.51%
EPS Next 5YN/A
Revenue 1Y (TTM)12%
Revenue growth 3Y12.95%
Revenue growth 5Y8.91%
Sales Q2Q%7.03%
Revenue Next Year8.76%
Revenue Next 2Y8.44%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y15.44%
EBIT growth 3Y28.6%
EBIT growth 5Y13.62%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y58.57%
FCF growth 3Y24.18%
FCF growth 5Y13.13%
OCF growth 1Y56.47%
OCF growth 3Y14.91%
OCF growth 5Y10.89%