HAGERTY INC-A (HGTY) Fundamental Analysis & Valuation

NYSE:HGTY • US4051661092

Current stock price

10.59 USD
+0.08 (+0.76%)
Last:

This HGTY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. HGTY Profitability Analysis

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.
  • Each year in the past 5 years HGTY had a positive operating cash flow.
HGTY Yearly Net Income VS EBIT VS OCF VS FCFHGTY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.85%, HGTY is in line with its industry, outperforming 43.54% of the companies in the same industry.
  • HGTY has a Return On Equity of 12.57%. This is in the better half of the industry: HGTY outperforms 61.22% of its industry peers.
  • HGTY's Return On Invested Capital of 8.49% is amongst the best of the industry. HGTY outperforms 86.39% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for HGTY is below the industry average of 9.51%.
  • The last Return On Invested Capital (8.49%) for HGTY is above the 3 year average (6.10%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.85%
ROE 12.57%
ROIC 8.49%
ROA(3y)1.12%
ROA(5y)0.27%
ROE(3y)8.47%
ROE(5y)N/A
ROIC(3y)6.1%
ROIC(5y)N/A
HGTY Yearly ROA, ROE, ROICHGTY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

1.3 Margins

  • HGTY has a Profit Margin of 2.66%. This is in the lower half of the industry: HGTY underperforms 78.23% of its industry peers.
  • HGTY's Profit Margin has improved in the last couple of years.
  • HGTY's Operating Margin of 12.36% is in line compared to the rest of the industry. HGTY outperforms 52.38% of its industry peers.
  • HGTY's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 12.36%
PM (TTM) 2.66%
GM N/A
OM growth 3YN/A
OM growth 5Y31.34%
PM growth 3Y-12.05%
PM growth 5Y5.4%
GM growth 3YN/A
GM growth 5YN/A
HGTY Yearly Profit, Operating, Gross MarginsHGTY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

4

2. HGTY Health Analysis

2.1 Basic Checks

  • HGTY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for HGTY has been increased compared to 1 year ago.
  • HGTY has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, HGTY has a worse debt to assets ratio.
HGTY Yearly Shares OutstandingHGTY Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
HGTY Yearly Total Debt VS Total AssetsHGTY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • HGTY has an Altman-Z score of 1.86. This is not the best score and indicates that HGTY is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 1.86, HGTY belongs to the best of the industry, outperforming 89.12% of the companies in the same industry.
  • HGTY has a debt to FCF ratio of 0.91. This is a very positive value and a sign of high solvency as it would only need 0.91 years to pay back of all of its debts.
  • The Debt to FCF ratio of HGTY (0.91) is better than 66.67% of its industry peers.
  • A Debt/Equity ratio of 0.58 indicates that HGTY is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.58, HGTY is doing worse than 77.55% of the companies in the same industry.
  • Although HGTY's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 0.91
Altman-Z 1.86
ROIC/WACC0.96
WACC8.83%
HGTY Yearly LT Debt VS Equity VS FCFHGTY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M

2.3 Liquidity

  • A Current Ratio of 0.66 indicates that HGTY may have some problems paying its short term obligations.
  • With a decent Current ratio value of 0.66, HGTY is doing good in the industry, outperforming 75.51% of the companies in the same industry.
  • HGTY has a Quick Ratio of 0.66. This is a bad value and indicates that HGTY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of HGTY (0.66) is better than 75.51% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.66
HGTY Yearly Current Assets VS Current LiabilitesHGTY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

7

3. HGTY Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 82.61% over the past year.
  • The Earnings Per Share has been decreasing by -1.73% on average over the past years.
  • The Revenue has grown by 21.36% in the past year. This is a very strong growth!
  • HGTY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.86% yearly.
EPS 1Y (TTM)82.61%
EPS 3Y3.23%
EPS 5Y-1.73%
EPS Q2Q%300%
Revenue 1Y (TTM)21.36%
Revenue growth 3Y20.99%
Revenue growth 5Y23.86%
Sales Q2Q%22.48%

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 30.19% on average per year.
  • The Revenue is expected to grow by 2.67% on average over the next years.
EPS Next Y-50.21%
EPS Next 2Y21.39%
EPS Next 3Y27.33%
EPS Next 5Y30.19%
Revenue Next Year-6.76%
Revenue Next 2Y4.78%
Revenue Next 3Y2.67%
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HGTY Yearly Revenue VS EstimatesHGTY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
HGTY Yearly EPS VS EstimatesHGTY Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 1 1.5

1

4. HGTY Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 25.21 indicates a quite expensive valuation of HGTY.
  • Based on the Price/Earnings ratio, HGTY is valued expensively inside the industry as 82.99% of the companies are valued cheaper.
  • The average S&P500 Price/Earnings ratio is at 27.50. HGTY is around the same levels.
  • Based on the Price/Forward Earnings ratio of 50.65, the valuation of HGTY can be described as expensive.
  • Based on the Price/Forward Earnings ratio, HGTY is valued more expensive than 80.95% of the companies in the same industry.
  • HGTY's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.62.
Industry RankSector Rank
PE 25.21
Fwd PE 50.65
HGTY Price Earnings VS Forward Price EarningsHGTY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, HGTY is valued a bit more expensive than the industry average as 63.27% of the companies are valued more cheaply.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of HGTY indicates a slightly more expensive valuation: HGTY is more expensive than 67.35% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.66
EV/EBITDA 16.63
HGTY Per share dataHGTY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

  • A more expensive valuation may be justified as HGTY's earnings are expected to grow with 27.33% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.39%
EPS Next 3Y27.33%

0

5. HGTY Dividend Analysis

5.1 Amount

  • No dividends for HGTY!.
Industry RankSector Rank
Dividend Yield 0%

HGTY Fundamentals: All Metrics, Ratios and Statistics

HAGERTY INC-A

NYSE:HGTY (4/23/2026, 12:26:55 PM)

10.59

+0.08 (+0.76%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-26
Earnings (Next)05-12
Inst Owners89.87%
Inst Owner Change0.05%
Ins Owners6.31%
Ins Owner Change0.23%
Market Cap3.63B
Revenue(TTM)1.46B
Net Income(TTM)38.71M
Analysts74.29
Price Target14.45 (36.45%)
Short Float %0.51%
Short Ratio2.93
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)92.86%
Min EPS beat(2)60.74%
Max EPS beat(2)124.99%
EPS beat(4)4
Avg EPS beat(4)108.59%
Min EPS beat(4)12.46%
Max EPS beat(4)236.18%
EPS beat(8)5
Avg EPS beat(8)52%
EPS beat(12)7
Avg EPS beat(12)52.52%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.41%
Min Revenue beat(2)5.02%
Max Revenue beat(2)7.81%
Revenue beat(4)4
Avg Revenue beat(4)5.36%
Min Revenue beat(4)4.12%
Max Revenue beat(4)7.81%
Revenue beat(8)8
Avg Revenue beat(8)3.64%
Revenue beat(12)10
Avg Revenue beat(12)2.18%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.19%
PT rev (3m)1.19%
EPS NQ rev (1m)-225.81%
EPS NQ rev (3m)-124.67%
EPS NY rev (1m)-22.85%
EPS NY rev (3m)-53.96%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-7.12%
Revenue NY rev (1m)-0.6%
Revenue NY rev (3m)-5.02%
Valuation
Industry RankSector Rank
PE 25.21
Fwd PE 50.65
P/S 2.49
P/FCF 18.66
P/OCF 16.57
P/B 11.78
P/tB 34.6
EV/EBITDA 16.63
EPS(TTM)0.42
EY3.97%
EPS(NY)0.21
Fwd EY1.97%
FCF(TTM)0.57
FCFY5.36%
OCF(TTM)0.64
OCFY6.04%
SpS4.25
BVpS0.9
TBVpS0.31
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.91433 (-72.48%)
Profitability
Industry RankSector Rank
ROA 1.85%
ROE 12.57%
ROCE 10.16%
ROIC 8.49%
ROICexc 9.33%
ROICexgc 10.97%
OM 12.36%
PM (TTM) 2.66%
GM N/A
FCFM 13.35%
ROA(3y)1.12%
ROA(5y)0.27%
ROE(3y)8.47%
ROE(5y)N/A
ROIC(3y)6.1%
ROIC(5y)N/A
ROICexc(3y)6.66%
ROICexc(5y)N/A
ROICexgc(3y)8.26%
ROICexgc(5y)N/A
ROCE(3y)7.29%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y24.97%
ROICexc growth 3YN/A
ROICexc growth 5Y25.07%
OM growth 3YN/A
OM growth 5Y31.34%
PM growth 3Y-12.05%
PM growth 5Y5.4%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF 0.91
Debt/EBITDA 0.82
Cap/Depr 65.38%
Cap/Sales 1.68%
Interest Coverage 17.72
Cash Conversion 100.64%
Profit Quality 502.32%
Current Ratio 0.66
Quick Ratio 0.66
Altman-Z 1.86
F-Score7
WACC8.83%
ROIC/WACC0.96
Cap/Depr(3y)59.29%
Cap/Depr(5y)100.95%
Cap/Sales(3y)2.03%
Cap/Sales(5y)3.7%
Profit Quality(3y)975.85%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)82.61%
EPS 3Y3.23%
EPS 5Y-1.73%
EPS Q2Q%300%
EPS Next Y-50.21%
EPS Next 2Y21.39%
EPS Next 3Y27.33%
EPS Next 5Y30.19%
Revenue 1Y (TTM)21.36%
Revenue growth 3Y20.99%
Revenue growth 5Y23.86%
Sales Q2Q%22.48%
Revenue Next Year-6.76%
Revenue Next 2Y4.78%
Revenue Next 3Y2.67%
Revenue Next 5YN/A
EBIT growth 1Y171.84%
EBIT growth 3YN/A
EBIT growth 5Y62.69%
EBIT Next Year110.14%
EBIT Next 3Y52.49%
EBIT Next 5YN/A
FCF growth 1Y24.9%
FCF growth 3Y160.9%
FCF growth 5Y33.45%
OCF growth 1Y23.7%
OCF growth 3Y58.18%
OCF growth 5Y20.96%

HAGERTY INC-A / HGTY Fundamental Analysis FAQ

What is the fundamental rating for HGTY stock?

ChartMill assigns a fundamental rating of 4 / 10 to HGTY.


What is the valuation status for HGTY stock?

ChartMill assigns a valuation rating of 1 / 10 to HAGERTY INC-A (HGTY). This can be considered as Overvalued.


How profitable is HAGERTY INC-A (HGTY) stock?

HAGERTY INC-A (HGTY) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for HGTY stock?

The Price/Earnings (PE) ratio for HAGERTY INC-A (HGTY) is 25.21 and the Price/Book (PB) ratio is 11.78.


What is the financial health of HAGERTY INC-A (HGTY) stock?

The financial health rating of HAGERTY INC-A (HGTY) is 4 / 10.