HAGERTY INC-A (HGTY) Stock Fundamental Analysis
USA - NYSE:HGTY - US4051661092 - Common Stock
13.38 USD
-0.31 (-2.26%)
13.38 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to HGTY. HGTY was compared to 147 industry peers in the Insurance industry. HGTY has only an average score on both its financial health and profitability. HGTY is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year HGTY was profitable.
HGTY had a positive operating cash flow in the past year.
HGTY had positive earnings in 4 of the past 5 years.
HGTY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.55%, HGTY is in line with its industry, outperforming 42.86% of the companies in the same industry.
HGTY's Return On Equity of 11.25% is in line compared to the rest of the industry. HGTY outperforms 54.42% of its industry peers.
HGTY's Return On Invested Capital of 5.17% is amongst the best of the industry. HGTY outperforms 81.63% 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
Looking at the Profit Margin, with a value of 2.45%, HGTY is doing worse than 77.55% of the companies in the same industry.
HGTY's Profit Margin has declined in the last couple of years.
HGTY has a worse Operating Margin (8.37%) than 64.63% 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.
HGTY has more shares outstanding than it did 1 year ago.
HGTY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HGTY has an improved debt to assets ratio.
2.2 Solvency
HGTY has an Altman-Z score of 1.78. This is a bad value and indicates that HGTY is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.78, HGTY belongs to the top of the industry, outperforming 88.44% of the companies in the same industry.
The Debt to FCF ratio of HGTY is 1.15, which is an excellent value as it means it would take HGTY, only 1.15 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HGTY (1.15) is better than 67.35% 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 45.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.6
WACC8.69%
2.3 Liquidity
HGTY has a Current 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.
The Current ratio of HGTY (0.21) is better than 68.71% of its industry peers.
A Quick Ratio of 0.21 indicates that HGTY may have some problems paying its short term obligations.
HGTY has a Quick ratio of 0.21. This is in the better half of the industry: HGTY outperforms 68.71% of its industry peers.
| 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.
Measured over the past years, HGTY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.01% on average per year.
The Revenue has grown by 17.92% in the past year. This is quite good.
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 38.28% on average per year.
HGTY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.69% yearly.
EPS Next Y45.57%
EPS Next 2Y37.45%
EPS Next 3Y26.64%
EPS Next 5Y38.28%
Revenue Next Year15.12%
Revenue Next 2Y5.94%
Revenue Next 3Y7.69%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 37.17, the valuation of HGTY can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of HGTY indicates a rather expensive valuation: HGTY more expensive than 82.31% of the companies listed in the same industry.
HGTY is valuated rather expensively when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 30.79, the valuation of HGTY can be described as expensive.
76.87% of the companies in the same industry are cheaper than HGTY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of HGTY to the average of the S&P500 Index (34.62), we can say HGTY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.17 | ||
| Fwd PE | 30.79 |
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.
HGTY's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. HGTY is more expensive than 68.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.58 | ||
| EV/EBITDA | 30.48 |
4.3 Compensation for Growth
HGTY's 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 26.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)2.48
EPS Next 2Y37.45%
EPS Next 3Y26.64%
5. Dividend
5.1 Amount
HGTY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.38
-0.31 (-2.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners84.17%
Inst Owner Change18.13%
Ins Owners7.11%
Ins Owner Change0.01%
Market Cap4.58B
Revenue(TTM)1.36B
Net Income(TTM)33.35M
Analysts74.29
Price Target13.94 (4.19%)
Short Float %0.78%
Short Ratio4.04
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)-2.38%
PT rev (3m)24.24%
EPS NQ rev (1m)-17%
EPS NQ rev (3m)30.71%
EPS NY rev (1m)-1.72%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)1.58%
Revenue NQ rev (3m)3.11%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.17 | ||
| Fwd PE | 30.79 | ||
| P/S | 3.36 | ||
| P/FCF | 29.58 | ||
| P/OCF | 25.81 | ||
| P/B | 15.44 | ||
| P/tB | 48.8 | ||
| EV/EBITDA | 30.48 |
EPS(TTM)0.36
EY2.69%
EPS(NY)0.43
Fwd EY3.25%
FCF(TTM)0.45
FCFY3.38%
OCF(TTM)0.52
OCFY3.87%
SpS3.98
BVpS0.87
TBVpS0.27
PEG (NY)0.82
PEG (5Y)2.48
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 | 1.78 |
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 Y45.57%
EPS Next 2Y37.45%
EPS Next 3Y26.64%
EPS Next 5Y38.28%
Revenue 1Y (TTM)17.92%
Revenue growth 3Y24.68%
Revenue growth 5Y24.74%
Sales Q2Q%17.51%
Revenue Next Year15.12%
Revenue Next 2Y5.94%
Revenue Next 3Y7.69%
Revenue Next 5YN/A
EBIT growth 1Y111.98%
EBIT growth 3YN/A
EBIT growth 5Y43.77%
EBIT Next Year191.04%
EBIT Next 3Y68.08%
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 4 / 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 37.17 and the Price/Book (PB) ratio is 15.44.
How financially healthy is HAGERTY INC-A?
The financial health rating of HAGERTY INC-A (HGTY) is 5 / 10.