HAGERTY INC-A (HGTY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HGTY - US4051661092 - Common Stock
12.72 USD
+0.17 (+1.35%)
12.72 USD
0 (0%)
HGTY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 147 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 expensively, but it does show have an excellent growth rating.
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.
In the past 5 years HGTY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HGTY (1.55%) is comparable to the rest of the industry.
The Return On Equity of HGTY (11.25%) is comparable to the rest of the industry.
HGTY's Return On Invested Capital of 5.17% is fine compared to the rest 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
The Profit Margin of HGTY (2.45%) is worse than 79.59% of its industry peers.
HGTY's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 8.37%, HGTY is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of HGTY has grown nicely.
| 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
HGTY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, HGTY has more shares outstanding
Compared to 5 years ago, HGTY has more shares outstanding
HGTY has a better debt/assets ratio than last year.
2.2 Solvency
HGTY has an Altman-Z score of 1.69. This is a bad value and indicates that HGTY is not financially healthy and even has some risk of bankruptcy.
HGTY has a Altman-Z score of 1.69. This is amongst the best in the industry. HGTY outperforms 87.76% of its industry peers.
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.
HGTY has a better Debt to FCF ratio (1.15) than 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 (0.35) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.59
WACC8.73%
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.
Looking at the Current 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.
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 68.71% 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.
The Earnings Per Share has been growing by 15.01% on average over the past years. This is quite good.
The Revenue has grown by 17.92% in the past year. This is quite good.
The Revenue has been growing by 24.74% on average over the past years. This is a very strong growth!
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.
Based on estimates for the next years, HGTY will show a quite strong growth in Revenue. The Revenue will grow by 8.86% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HGTY is valuated quite expensively with a Price/Earnings ratio of 35.33.
HGTY's Price/Earnings ratio is rather expensive when compared to the industry. HGTY is more expensive than 80.27% of the companies in the same industry.
HGTY's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 28.01 indicates a quite expensive valuation of HGTY.
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 77.55% of the companies listed in the same industry.
HGTY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.33 | ||
| Fwd PE | 28.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HGTY is valued a bit more expensive than 71.43% 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 | 28.13 | ||
| EV/EBITDA | 28.61 |
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)0.56
PEG (5Y)2.35
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 |
12.72
+0.17 (+1.35%)
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 Cap4.35B
Revenue(TTM)1.36B
Net Income(TTM)33.35M
Analysts74.29
Price Target13.99 (9.98%)
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 | 35.33 | ||
| Fwd PE | 28.01 | ||
| P/S | 3.2 | ||
| P/FCF | 28.13 | ||
| P/OCF | 24.54 | ||
| P/B | 14.68 | ||
| P/tB | 46.4 | ||
| EV/EBITDA | 28.61 |
EPS(TTM)0.36
EY2.83%
EPS(NY)0.45
Fwd EY3.57%
FCF(TTM)0.45
FCFY3.56%
OCF(TTM)0.52
OCFY4.07%
SpS3.98
BVpS0.87
TBVpS0.27
PEG (NY)0.56
PEG (5Y)2.35
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 | 1.69 |
F-Score7
WACC8.73%
ROIC/WACC0.59
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 35.33 and the Price/Book (PB) ratio is 14.68.
How financially healthy is HAGERTY INC-A?
The financial health rating of HAGERTY INC-A (HGTY) is 4 / 10.