OLD REPUBLIC INTL CORP (ORI) Stock Fundamental Analysis
NYSE:ORI - US6802231042 - Common Stock
39.94 USD
-0.18 (-0.45%)
39.94 USD
0 (0%)
Taking everything into account, ORI scores 4 out of 10 in our fundamental rating. ORI was compared to 146 industry peers in the Insurance industry. While ORI is still in line with the averages on profitability rating, there are concerns on its financial health. ORI has a correct valuation and a medium growth rate.
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.
In the past 5 years ORI has always been profitable.
In the past 5 years ORI always reported a positive cash flow from operatings.
1.2 Ratios
ORI has a Return On Assets of 3.05%. This is in the better half of the industry: ORI outperforms 67.12% of its industry peers.
ORI has a better Return On Equity (14.44%) than 70.55% of its industry peers.
ORI has a better Return On Invested Capital (3.07%) than 64.38% 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 4.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 14.44% | ||
| ROIC | 3.07% |
ROA(3y)2.68%
ROA(5y)3.33%
ROE(3y)11.88%
ROE(5y)13.39%
ROIC(3y)3.47%
ROIC(5y)3.53%
1.3 Margins
ORI has a better Profit Margin (10.42%) than 67.12% of its industry peers.
ORI's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 12.90%, ORI is in line with its industry, outperforming 58.22% of the companies in the same industry.
ORI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.9% | ||
| PM (TTM) | 10.42% | ||
| GM | N/A |
OM growth 3Y-0.36%
OM growth 5Y4.91%
PM growth 3Y-16.67%
PM growth 5Y-7.66%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for ORI has been reduced compared to 1 year ago.
ORI has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ORI has an improved debt to assets ratio.
2.2 Solvency
ORI has a debt to FCF ratio of 1.32. This is a very positive value and a sign of high solvency as it would only need 1.32 years to pay back of all of its debts.
With a Debt to FCF ratio value of 1.32, ORI perfoms like the industry average, outperforming 58.22% of the companies in the same industry.
ORI has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.26, ORI is doing good in the industry, outperforming 61.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.32 | ||
| 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
ORI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.44%, which is quite good.
Measured over the past years, ORI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.68% on average per year.
Looking at the last year, ORI shows a quite strong growth in Revenue. The Revenue has grown by 10.22% in the last year.
Measured over the past years, ORI shows a small growth in Revenue. The Revenue has been growing by 3.76% on average per year.
EPS 1Y (TTM)14.44%
EPS 3Y-0.54%
EPS 5Y10.68%
EPS Q2Q%9.21%
Revenue 1Y (TTM)10.22%
Revenue growth 3Y-1.34%
Revenue growth 5Y3.76%
Sales Q2Q%10.12%
3.2 Future
ORI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.91% yearly.
ORI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.76% yearly.
EPS Next Y8.39%
EPS Next 2Y7.26%
EPS Next 3Y4.91%
EPS Next 5YN/A
Revenue Next Year7.98%
Revenue Next 2Y6.97%
Revenue Next 3Y6.76%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.29, which indicates a correct valuation of ORI.
The rest of the industry has a similar Price/Earnings ratio as ORI.
Compared to an average S&P500 Price/Earnings ratio of 27.03, ORI is valued rather cheaply.
A Price/Forward Earnings ratio of 11.42 indicates a reasonable valuation of ORI.
ORI's Price/Forward Earnings ratio is in line with the industry average.
ORI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 11.42 |
4.2 Price Multiples
60.27% of the companies in the same industry are more expensive than ORI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
ORI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.46
PEG (5Y)1.15
EPS Next 2Y7.26%
EPS Next 3Y4.91%
5. Dividend
5.1 Amount
ORI has a Yearly Dividend Yield of 2.82%.
ORI's Dividend Yield is a higher than the industry average which is at 3.63.
Compared to an average S&P500 Dividend Yield of 2.45, ORI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
The dividend of ORI decreases each year by -10.29%.
ORI has paid a dividend for at least 10 years, which is a reliable track record.
ORI has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-10.29%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ORI pays out 86.43% of its income as dividend. This is not a sustainable payout ratio.
DP86.43%
EPS Next 2Y7.26%
EPS Next 3Y4.91%
39.94
-0.18 (-0.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners72.94%
Inst Owner Change2.45%
Ins Owners0.27%
Ins Owner Change-2.99%
Market Cap9.92B
Analysts75
Price Target42.84 (7.26%)
Short Float %1.52%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend1.03
Dividend Growth(5Y)-10.29%
DP86.43%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.16%
Min EPS beat(2)2.08%
Max EPS beat(2)8.23%
EPS beat(4)3
Avg EPS beat(4)8.74%
Min EPS beat(4)-3.34%
Max EPS beat(4)27.98%
EPS beat(8)6
Avg EPS beat(8)8.18%
EPS beat(12)10
Avg EPS beat(12)12.11%
EPS beat(16)13
Avg EPS beat(16)12.32%
Revenue beat(2)2
Avg Revenue beat(2)0.46%
Min Revenue beat(2)0.19%
Max Revenue beat(2)0.72%
Revenue beat(4)4
Avg Revenue beat(4)1.17%
Min Revenue beat(4)0.19%
Max Revenue beat(4)2.78%
Revenue beat(8)5
Avg Revenue beat(8)0.31%
Revenue beat(12)6
Avg Revenue beat(12)0.68%
Revenue beat(16)10
Avg Revenue beat(16)2.36%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.2%
EPS NY rev (1m)0.38%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)-0.52%
Revenue NQ rev (3m)-0.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 11.42 | ||
| P/S | 1.16 | ||
| P/FCF | 8.26 | ||
| P/OCF | 8.26 | ||
| P/B | 1.6 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.25
EY8.14%
EPS(NY)3.5
Fwd EY8.76%
FCF(TTM)4.84
FCFY12.11%
OCF(TTM)4.84
OCFY12.11%
SpS34.5
BVpS24.89
TBVpS24.89
PEG (NY)1.46
PEG (5Y)1.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 14.44% | ||
| ROCE | 3.85% | ||
| ROIC | 3.07% | ||
| ROICexc | 3.09% | ||
| ROICexgc | 4.6% | ||
| OM | 12.9% | ||
| PM (TTM) | 10.42% | ||
| GM | N/A | ||
| FCFM | 14.02% |
ROA(3y)2.68%
ROA(5y)3.33%
ROE(3y)11.88%
ROE(5y)13.39%
ROIC(3y)3.47%
ROIC(5y)3.53%
ROICexc(3y)3.48%
ROICexc(5y)3.54%
ROICexgc(3y)4.98%
ROICexgc(5y)4.93%
ROCE(3y)4.34%
ROCE(5y)4.41%
ROICexcg growth 3Y-1.39%
ROICexcg growth 5Y5.68%
ROICexc growth 3Y-4.36%
ROICexc growth 5Y3.37%
OM growth 3Y-0.36%
OM growth 5Y4.91%
PM growth 3Y-16.67%
PM growth 5Y-7.66%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.32 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 14 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 134.54% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)153.91%
Profit Quality(5y)151.85%
High Growth Momentum
Growth
EPS 1Y (TTM)14.44%
EPS 3Y-0.54%
EPS 5Y10.68%
EPS Q2Q%9.21%
EPS Next Y8.39%
EPS Next 2Y7.26%
EPS Next 3Y4.91%
EPS Next 5YN/A
Revenue 1Y (TTM)10.22%
Revenue growth 3Y-1.34%
Revenue growth 5Y3.76%
Sales Q2Q%10.12%
Revenue Next Year7.98%
Revenue Next 2Y6.97%
Revenue Next 3Y6.76%
Revenue Next 5YN/A
EBIT growth 1Y2.49%
EBIT growth 3Y-1.69%
EBIT growth 5Y8.85%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.47%
FCF growth 3Y-2.12%
FCF growth 5Y5.61%
OCF growth 1Y18.47%
OCF growth 3Y-2.12%
OCF growth 5Y5.61%