HAGERTY INC-A (HGTY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
13.06 USD
-0.16 (-1.21%)
13.06 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to HGTY. HGTY was compared to 148 industry peers in the Insurance industry. HGTY scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. HGTY is valued quite expensive, but it does show an excellent growth.
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.
In the past 5 years HGTY always reported a positive cash flow from operatings.
1.2 Ratios
HGTY's Return On Assets of 1.56% is in line compared to the rest of the industry. HGTY outperforms 45.27% of its industry peers.
HGTY has a Return On Equity (11.37%) which is in line with its industry peers.
HGTY has a better Return On Invested Capital (5.17%) than 79.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 11.37% | ||
| ROIC | 5.17% |
ROA(3y)1.32%
ROA(5y)0.24%
ROE(3y)22.34%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HGTY has a worse Profit Margin (2.47%) than 76.35% of its industry peers.
HGTY's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.39%, HGTY is not doing good in the industry: 65.54% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HGTY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.39% | ||
| PM (TTM) | 2.47% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y15.1%
PM growth 3YN/A
PM growth 5Y-6.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HGTY is destroying value.
The number of shares outstanding for HGTY has been increased compared to 1 year ago.
Compared to 5 years ago, HGTY has more shares outstanding
HGTY has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.76, we must say that HGTY is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.76, HGTY belongs to the best of the industry, outperforming 88.51% 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.
With a decent Debt to FCF ratio value of 1.15, HGTY is doing good in the industry, outperforming 68.92% of the companies in the same industry.
HGTY has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
HGTY has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: HGTY outperforms 45.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.59
WACC8.74%
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.
HGTY has a better Current ratio (0.21) than 69.59% of its industry peers.
A Quick Ratio of 0.21 indicates that HGTY may have some problems paying its short term obligations.
The Quick ratio of HGTY (0.21) is better than 69.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
HGTY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
HGTY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.87% yearly.
The Revenue has grown by 17.92% in the past year. This is quite good.
HGTY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.74% yearly.
EPS 1Y (TTM)50%
EPS 3YN/A
EPS 5Y14.87%
EPS Q2Q%160%
Revenue 1Y (TTM)17.92%
Revenue growth 3Y24.68%
Revenue growth 5Y24.74%
Sales Q2Q%17.51%
3.2 Future
HGTY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.70% yearly.
The Revenue is expected to grow by 8.86% on average over the next years. This is quite good.
EPS Next Y64.64%
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 36.28, the valuation of HGTY can be described as expensive.
Based on the Price/Earnings ratio, HGTY is valued a bit more expensive than 79.05% of the companies in the same industry.
When comparing the Price/Earnings ratio of HGTY to the average of the S&P500 Index (27.19), we can say HGTY is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 28.75, the valuation of HGTY can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HGTY indicates a slightly more expensive valuation: HGTY is more expensive than 75.68% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. HGTY is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.28 | ||
| Fwd PE | 28.75 |
4.2 Price Multiples
70.27% of the companies in the same industry are cheaper than HGTY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HGTY is valued a bit more expensive than the industry average as 70.27% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.82 | ||
| EV/EBITDA | 30.05 |
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 32.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)2.44
EPS Next 2Y40.53%
EPS Next 3Y32.96%
5. Dividend
5.1 Amount
HGTY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
13.06
-0.16 (-1.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners90.2%
Inst Owner Change0%
Ins Owners6.43%
Ins Owner Change0%
Market Cap4.47B
Revenue(TTM)1.36B
Net Income(TTM)33.66M
Analysts74.29
Price Target13.99 (7.12%)
Short Float %0.47%
Short Ratio3.62
Dividend
| Industry Rank | Sector 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)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%
PT rev (3m)-2.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.03%
EPS NY rev (1m)0.68%
EPS NY rev (3m)11.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.28 | ||
| Fwd PE | 28.75 | ||
| P/S | 3.28 | ||
| P/FCF | 28.82 | ||
| P/OCF | 25.24 | ||
| P/B | 15.09 | ||
| P/tB | 47.52 | ||
| EV/EBITDA | 30.05 |
EPS(TTM)0.36
EY2.76%
EPS(NY)0.45
Fwd EY3.48%
FCF(TTM)0.45
FCFY3.47%
OCF(TTM)0.52
OCFY3.96%
SpS3.98
BVpS0.87
TBVpS0.27
PEG (NY)0.56
PEG (5Y)2.44
Graham Number2.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 11.37% | ||
| ROCE | 7.07% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.75% | ||
| ROICexgc | 7.25% | ||
| OM | 8.39% | ||
| PM (TTM) | 2.47% | ||
| GM | N/A | ||
| FCFM | 11.4% |
ROA(3y)1.32%
ROA(5y)0.24%
ROE(3y)22.34%
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 5Y12.08%
ROICexc growth 3YN/A
ROICexc growth 5Y8.65%
OM growth 3YN/A
OM growth 5Y15.1%
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 | 59.46% | ||
| Cap/Sales | 1.62% | ||
| Interest Coverage | 10.95 | ||
| Cash Conversion | 117.19% | ||
| Profit Quality | 460.49% | ||
| Current Ratio | 0.21 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 1.76 |
F-Score7
WACC8.74%
ROIC/WACC0.59
Cap/Depr(3y)80.44%
Cap/Depr(5y)152.9%
Cap/Sales(3y)3.25%
Cap/Sales(5y)4.9%
Profit Quality(3y)820.64%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3YN/A
EPS 5Y14.87%
EPS Q2Q%160%
EPS Next Y64.64%
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 1Y112.81%
EBIT growth 3YN/A
EBIT growth 5Y43.58%
EBIT Next Year199.25%
EBIT Next 3Y75.39%
EBIT Next 5YN/A
FCF growth 1Y152.85%
FCF growth 3YN/A
FCF growth 5Y31.11%
OCF growth 1Y88.5%
OCF growth 3Y61.17%
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.
What is the valuation status for HGTY stock?
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.
Can you provide the PE and PB ratios for HGTY stock?
The Price/Earnings (PE) ratio for HAGERTY INC-A (HGTY) is 36.28 and the Price/Book (PB) ratio is 15.09.
What is the earnings growth outlook for HAGERTY INC-A?
The Earnings per Share (EPS) of HAGERTY INC-A (HGTY) is expected to grow by 64.64% in the next year.