OLD REPUBLIC INTL CORP (ORI)
US6802231042 - Common Stock
Overall ORI gets a fundamental rating of 4 out of 10. We evaluated ORI against 141 industry peers in the Insurance industry. There are concerns on the financial health of ORI while its profitability can be described as average. ORI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ORI had positive earnings in the past year.
In the past year ORI had a positive cash flow from operations.
Each year in the past 5 years ORI has been profitable.
ORI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ORI (2.26%) is better than 60.43% of its industry peers.
ORI has a Return On Equity (9.34%) which is comparable to the rest of the industry.
ORI has a better Return On Invested Capital (2.90%) than 66.19% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ORI is in line with the industry average of 4.12%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 9.34% | ||
| ROIC | 2.9% |
ROA(3y)3.71%
ROA(5y)3.72%
ROE(3y)14.24%
ROE(5y)13.87%
ROIC(3y)3.6%
ROIC(5y)3.4%
1.3 Margins
The Profit Margin of ORI (8.11%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ORI has grown nicely.
With a Operating Margin value of 12.76%, ORI perfoms like the industry average, outperforming 59.71% of the companies in the same industry.
In the last couple of years the Operating Margin of ORI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.76% | ||
| PM (TTM) | 8.11% | ||
| GM | N/A |
OM growth 3Y1.68%
OM growth 5Y1.55%
PM growth 3Y2.05%
PM growth 5Y7.48%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, ORI has less shares outstanding
The number of shares outstanding for ORI has been reduced compared to 5 years ago.
Compared to 1 year ago, ORI has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ORI is 1.81, which is an excellent value as it means it would take ORI, only 1.81 years of fcf income to pay off all of its debts.
ORI's Debt to FCF ratio of 1.81 is in line compared to the rest of the industry. ORI outperforms 58.27% of its industry peers.
ORI has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ORI (0.25) is better than 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for ORI have decreased by -5.71% in the last year.
ORI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.03% yearly.
ORI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.56%.
Measured over the past years, ORI shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
EPS 1Y (TTM)-5.71%
EPS 3Y5.32%
EPS 5Y7.03%
EPS growth Q2Q-13.75%
Revenue 1Y (TTM)-11.56%
Revenue growth 3Y0.27%
Revenue growth 5Y2.41%
Revenue growth Q2Q-4.08%
3.2 Future
ORI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.56% yearly.
The Revenue is expected to grow by 6.23% on average over the next years.
EPS Next Y3.77%
EPS Next 2Y5.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.92%
Revenue Next 2Y6.23%
Revenue Next 3YN/A
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.52, the valuation of ORI can be described as reasonable.
ORI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.20, ORI is valued rather cheaply.
ORI is valuated reasonably with a Price/Forward Earnings ratio of 11.10.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ORI is on the same level as its industry peers.
ORI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 11.1 |
4.2 Price Multiples
ORI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.52 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ORI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.05
PEG (5Y)1.64
EPS Next 2Y5.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ORI has a Yearly Dividend Yield of 3.50%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.35, ORI pays a bit more dividend than its industry peers.
ORI's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of ORI decreases each year by -11.30%.
ORI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-11.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
46.03% of the earnings are spent on dividend by ORI. This is a bit on the high side, but may be sustainable.
DP46.03%
EPS Next 2Y5.56%
EPS Next 3YN/A
OLD REPUBLIC INTL CORP
NYSE:ORI (4/26/2024, 11:34:57 AM)
30.405
+0.39 (+1.28%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.38B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.52 | ||
| Fwd PE | 11.1 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.05
PEG (5Y)1.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 9.34% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.76% | ||
| PM (TTM) | 8.11% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-5.71%
EPS 3Y5.32%
EPS 5Y
EPS growth Q2Q
EPS Next Y3.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-11.56%
Revenue growth 3Y0.27%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y