HAGERTY INC-A (HGTY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
12.4 USD
-0.22 (-1.74%)
12.4 USD
0 (0%)
Overall HGTY gets a fundamental rating of 4 out of 10. We evaluated HGTY against 147 industry peers in the Insurance industry. The financial health of HGTY is average, but there are quite some concerns on its profitability. HGTY shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year HGTY was profitable.
In the past year HGTY had a positive cash flow from operations.
Of the past 5 years HGTY 4 years were profitable.
HGTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HGTY has a Return On Assets (1.55%) which is in line with its industry peers.
HGTY has a Return On Equity of 11.25%. This is comparable to the rest of the industry: HGTY outperforms 49.66% of its industry peers.
HGTY has a Return On Invested Capital of 5.17%. This is in the better half of the industry: HGTY outperforms 78.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.55% | ||
| ROE | 11.25% | ||
| ROIC | 5.17% |
ROA(3y)1.32%
ROA(5y)0.24%
ROE(3y)22.32%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HGTY has a worse Profit Margin (2.45%) than 79.59% of its industry peers.
In the last couple of years the Profit Margin of HGTY has declined.
HGTY's Operating Margin of 8.37% is on the low side compared to the rest of the industry. HGTY is outperformed by 66.67% of its industry peers.
HGTY's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.37% | ||
| PM (TTM) | 2.45% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y15.25%
PM growth 3YN/A
PM growth 5Y-6.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HGTY is destroying value.
Compared to 1 year ago, HGTY has more shares outstanding
HGTY has more shares outstanding than it did 5 years ago.
HGTY has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.70, we must say that HGTY is in the distress zone and has some risk of bankruptcy.
HGTY has a Altman-Z score of 1.70. This is amongst the best in the industry. HGTY outperforms 88.44% of its industry peers.
HGTY has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
HGTY has a Debt to FCF ratio of 1.15. This is in the better half of the industry: HGTY outperforms 68.03% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that HGTY is not too dependend on debt financing.
HGTY has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: HGTY outperforms 44.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 1.7 |
ROIC/WACC0.6
WACC8.69%
2.3 Liquidity
A Current Ratio of 0.21 indicates that HGTY may have some problems paying its short term obligations.
HGTY has a better Current ratio (0.21) than 68.71% of its industry peers.
HGTY has a Quick Ratio of 0.21. This is a bad value and indicates that HGTY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.21, HGTY is in the better half of the industry, outperforming 68.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.00% over the past year.
HGTY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.01% yearly.
HGTY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.92%.
Measured over the past years, HGTY shows a very strong growth in Revenue. The Revenue has been growing by 24.74% on average per year.
EPS 1Y (TTM)50%
EPS 3YN/A
EPS 5Y15.01%
EPS Q2Q%160%
Revenue 1Y (TTM)17.92%
Revenue growth 3Y24.68%
Revenue growth 5Y24.74%
Sales Q2Q%17.51%
3.2 Future
Based on estimates for the next years, HGTY will show a very strong growth in Earnings Per Share. The EPS will grow by 39.70% on average per year.
The Revenue is expected to grow by 8.86% on average over the next years. This is quite good.
EPS Next Y63.53%
EPS Next 2Y40.53%
EPS Next 3Y32.96%
EPS Next 5Y39.7%
Revenue Next Year17.44%
Revenue Next 2Y7.37%
Revenue Next 3Y8.86%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.44, the valuation of HGTY can be described as expensive.
Based on the Price/Earnings ratio, HGTY is valued more expensive than 80.27% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.34, HGTY is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 27.30, the valuation of HGTY can be described as expensive.
HGTY's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. HGTY is more expensive than 77.55% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, HGTY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.44 | ||
| Fwd PE | 27.3 |
4.2 Price Multiples
HGTY's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HGTY is more expensive than 70.75% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HGTY is valued a bit more expensive than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.42 | ||
| EV/EBITDA | 28.77 |
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.
HGTY's earnings are expected to grow with 32.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)2.3
EPS Next 2Y40.53%
EPS Next 3Y32.96%
5. Dividend
5.1 Amount
No dividends for HGTY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.4
-0.22 (-1.74%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners89.87%
Inst Owner Change18.14%
Ins Owners6.42%
Ins Owner Change0.01%
Market Cap4.24B
Revenue(TTM)1.36B
Net Income(TTM)33.35M
Analysts74.29
Price Target13.99 (12.82%)
Short Float %0.69%
Short Ratio4.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)36.6%
Min EPS beat(2)12.46%
Max EPS beat(2)60.74%
EPS beat(4)4
Avg EPS beat(4)125.84%
Min EPS beat(4)12.46%
Max EPS beat(4)236.18%
EPS beat(8)5
Avg EPS beat(8)64.64%
EPS beat(12)7
Avg EPS beat(12)44.31%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.57%
Min Revenue beat(2)4.12%
Max Revenue beat(2)5.02%
Revenue beat(4)4
Avg Revenue beat(4)4.09%
Min Revenue beat(4)2.74%
Max Revenue beat(4)5.02%
Revenue beat(8)7
Avg Revenue beat(8)2.41%
Revenue beat(12)9
Avg Revenue beat(12)1.3%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.35%
PT rev (3m)-2.04%
EPS NQ rev (1m)-4.1%
EPS NQ rev (3m)21.56%
EPS NY rev (1m)12.34%
EPS NY rev (3m)12.88%
Revenue NQ rev (1m)-1.38%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)2.01%
Revenue NY rev (3m)2.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.44 | ||
| Fwd PE | 27.3 | ||
| P/S | 3.12 | ||
| P/FCF | 27.42 | ||
| P/OCF | 23.93 | ||
| P/B | 14.31 | ||
| P/tB | 45.24 | ||
| EV/EBITDA | 28.77 |
EPS(TTM)0.36
EY2.9%
EPS(NY)0.45
Fwd EY3.66%
FCF(TTM)0.45
FCFY3.65%
OCF(TTM)0.52
OCFY4.18%
SpS3.98
BVpS0.87
TBVpS0.27
PEG (NY)0.54
PEG (5Y)2.3
Graham Number2.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.55% | ||
| ROE | 11.25% | ||
| ROCE | 7.06% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.74% | ||
| ROICexgc | 7.25% | ||
| OM | 8.37% | ||
| PM (TTM) | 2.45% | ||
| GM | N/A | ||
| FCFM | 11.38% |
ROA(3y)1.32%
ROA(5y)0.24%
ROE(3y)22.32%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y12.2%
ROICexc growth 3YN/A
ROICexc growth 5Y8.77%
OM growth 3YN/A
OM growth 5Y15.25%
PM growth 3YN/A
PM growth 5Y-6.84%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.15 | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 61.18% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 10.93 | ||
| Cash Conversion | 117.66% | ||
| Profit Quality | 463.89% | ||
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 1.7 |
F-Score7
WACC8.69%
ROIC/WACC0.6
Cap/Depr(3y)81.15%
Cap/Depr(5y)153.33%
Cap/Sales(3y)3.27%
Cap/Sales(5y)4.91%
Profit Quality(3y)819.67%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3YN/A
EPS 5Y15.01%
EPS Q2Q%160%
EPS Next Y63.53%
EPS Next 2Y40.53%
EPS Next 3Y32.96%
EPS Next 5Y39.7%
Revenue 1Y (TTM)17.92%
Revenue growth 3Y24.68%
Revenue growth 5Y24.74%
Sales Q2Q%17.51%
Revenue Next Year17.44%
Revenue Next 2Y7.37%
Revenue Next 3Y8.86%
Revenue Next 5YN/A
EBIT growth 1Y111.98%
EBIT growth 3YN/A
EBIT growth 5Y43.77%
EBIT Next Year199.25%
EBIT Next 3Y75.39%
EBIT Next 5YN/A
FCF growth 1Y152.37%
FCF growth 3YN/A
FCF growth 5Y31.05%
OCF growth 1Y88.78%
OCF growth 3Y61.18%
OCF growth 5Y28.72%
HAGERTY INC-A / HGTY FAQ
What is the fundamental rating for HGTY stock?
ChartMill assigns a fundamental rating of 4 / 10 to HGTY.
Can you provide the valuation status for HAGERTY INC-A?
ChartMill assigns a valuation rating of 2 / 10 to HAGERTY INC-A (HGTY). This can be considered as Overvalued.
What is the profitability of HGTY stock?
HAGERTY INC-A (HGTY) has a profitability rating of 3 / 10.
What is the valuation of HAGERTY INC-A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAGERTY INC-A (HGTY) is 34.44 and the Price/Book (PB) ratio is 14.31.
How financially healthy is HAGERTY INC-A?
The financial health rating of HAGERTY INC-A (HGTY) is 4 / 10.