PALOMAR HOLDINGS INC (PLMR) Stock Fundamental Analysis
USA - NASDAQ:PLMR - US69753M1053 - Common Stock
129.72 USD
-0.34 (-0.26%)
129.72 USD
0 (0%)
PLMR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 146 industry peers in the Insurance industry. While PLMR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PLMR is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
PLMR had positive earnings in the past year.
In the past year PLMR had a positive cash flow from operations.
In the past 5 years PLMR has always been profitable.
PLMR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PLMR has a Return On Assets of 5.47%. This is amongst the best in the industry. PLMR outperforms 86.30% of its industry peers.
Looking at the Return On Equity, with a value of 18.29%, PLMR belongs to the top of the industry, outperforming 81.51% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.46%, PLMR belongs to the top of the industry, outperforming 84.25% of the companies in the same industry.
PLMR had an Average Return On Invested Capital over the past 3 years of 4.75%. This is in line with the industry average of 4.51%.
The last Return On Invested Capital (5.46%) for PLMR is above the 3 year average (4.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.47% | ||
| ROE | 18.29% | ||
| ROIC | 5.46% |
ROA(3y)4.61%
ROA(5y)3.93%
ROE(3y)15.5%
ROE(5y)11.97%
ROIC(3y)4.75%
ROIC(5y)3.96%
1.3 Margins
PLMR's Profit Margin of 22.98% is amongst the best of the industry. PLMR outperforms 92.47% of its industry peers.
In the last couple of years the Profit Margin of PLMR has grown nicely.
With an excellent Operating Margin value of 28.15%, PLMR belongs to the best of the industry, outperforming 91.10% of the companies in the same industry.
In the last couple of years the Operating Margin of PLMR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.15% | ||
| PM (TTM) | 22.98% | ||
| GM | N/A |
OM growth 3Y4.56%
OM growth 5Y9.37%
PM growth 3Y4.72%
PM growth 5Y17.81%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PLMR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PLMR has been increased compared to 1 year ago.
The number of shares outstanding for PLMR has been increased compared to 5 years ago.
PLMR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for PLMR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.62
WACC8.74%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 52.99% over the past year.
PLMR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.66% yearly.
Looking at the last year, PLMR shows a very strong growth in Revenue. The Revenue has grown by 47.33%.
PLMR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.35% yearly.
EPS 1Y (TTM)52.99%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%63.41%
Revenue 1Y (TTM)47.33%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%43.9%
3.2 Future
PLMR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.52% yearly.
PLMR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.32% yearly.
EPS Next Y44.62%
EPS Next 2Y29.63%
EPS Next 3Y24.52%
EPS Next 5YN/A
Revenue Next Year25.32%
Revenue Next 2Y22.29%
Revenue Next 3Y16.32%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.12, PLMR is valued on the expensive side.
Based on the Price/Earnings ratio, PLMR is valued a bit more expensive than the industry average as 66.44% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 25.89, PLMR is valued a bit cheaper.
With a Price/Forward Earnings ratio of 15.17, PLMR is valued correctly.
PLMR's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. PLMR is more expensive than 60.96% of the companies in the same industry.
PLMR is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLMR is valued a bit more expensive than 65.07% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLMR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.09 | ||
| EV/EBITDA | 17.46 |
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.
The excellent profitability rating of PLMR may justify a higher PE ratio.
A more expensive valuation may be justified as PLMR's earnings are expected to grow with 24.52% in the coming years.
PEG (NY)0.41
PEG (5Y)0.77
EPS Next 2Y29.63%
EPS Next 3Y24.52%
5. Dividend
5.1 Amount
PLMR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
129.72
-0.34 (-0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners93.69%
Inst Owner Change0.03%
Ins Owners2.46%
Ins Owner Change3.88%
Market Cap3.47B
Revenue(TTM)553.86M
Net Income(TTM)154.91M
Analysts81.43
Price Target156.4 (20.57%)
Short Float %1.92%
Short Ratio1.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.44%
Min EPS beat(2)3.51%
Max EPS beat(2)15.38%
EPS beat(4)4
Avg EPS beat(4)14.11%
Min EPS beat(4)3.51%
Max EPS beat(4)21.01%
EPS beat(8)8
Avg EPS beat(8)15.22%
EPS beat(12)11
Avg EPS beat(12)7.7%
EPS beat(16)14
Avg EPS beat(16)4.65%
Revenue beat(2)1
Avg Revenue beat(2)1.71%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)5.98%
Revenue beat(4)1
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-7.57%
Max Revenue beat(4)5.98%
Revenue beat(8)3
Avg Revenue beat(8)1.19%
Revenue beat(12)4
Avg Revenue beat(12)-10.18%
Revenue beat(16)4
Avg Revenue beat(16)-20.97%
PT rev (1m)-8.07%
PT rev (3m)-17.3%
EPS NQ rev (1m)4.01%
EPS NQ rev (3m)3.57%
EPS NY rev (1m)0.26%
EPS NY rev (3m)3.3%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)-4.31%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.12 | ||
| Fwd PE | 15.17 | ||
| P/S | 5.15 | ||
| P/FCF | 11.09 | ||
| P/OCF | 9.12 | ||
| P/B | 4.1 | ||
| P/tB | 4.43 | ||
| EV/EBITDA | 17.46 |
EPS(TTM)7.16
EY5.52%
EPS(NY)8.55
Fwd EY6.59%
FCF(TTM)11.69
FCFY9.01%
OCF(TTM)14.23
OCFY10.97%
SpS25.17
BVpS31.64
TBVpS29.29
PEG (NY)0.41
PEG (5Y)0.77
Graham Number71.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.47% | ||
| ROE | 18.29% | ||
| ROCE | 7.08% | ||
| ROIC | 5.46% | ||
| ROICexc | 5.63% | ||
| ROICexgc | 8.95% | ||
| OM | 28.15% | ||
| PM (TTM) | 22.98% | ||
| GM | N/A | ||
| FCFM | 46.46% |
ROA(3y)4.61%
ROA(5y)3.93%
ROE(3y)15.5%
ROE(5y)11.97%
ROIC(3y)4.75%
ROIC(5y)3.96%
ROICexc(3y)4.95%
ROICexc(5y)4.14%
ROICexgc(3y)7.96%
ROICexgc(5y)6.46%
ROCE(3y)6.16%
ROCE(5y)5.14%
ROICexgc growth 3Y4.17%
ROICexgc growth 5Y10.49%
ROICexc growth 3Y1.1%
ROICexc growth 5Y4.73%
OM growth 3Y4.56%
OM growth 5Y9.37%
PM growth 3Y4.72%
PM growth 5Y17.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 1328.77% | ||
| Cap/Sales | 10.07% | ||
| Interest Coverage | 732.46 | ||
| Cash Conversion | 195.56% | ||
| Profit Quality | 202.13% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC8.74%
ROIC/WACC0.62
Cap/Depr(3y)179.25%
Cap/Depr(5y)306.32%
Cap/Sales(3y)2.07%
Cap/Sales(5y)2.95%
Profit Quality(3y)220.49%
Profit Quality(5y)315.8%
High Growth Momentum
Growth
EPS 1Y (TTM)52.99%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%63.41%
EPS Next Y44.62%
EPS Next 2Y29.63%
EPS Next 3Y24.52%
EPS Next 5YN/A
Revenue 1Y (TTM)47.33%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%43.9%
Revenue Next Year25.32%
Revenue Next 2Y22.29%
Revenue Next 3Y16.32%
Revenue Next 5YN/A
EBIT growth 1Y53.2%
EBIT growth 3Y36.71%
EBIT growth 5Y50.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y220.82%
FCF growth 3Y45.45%
FCF growth 5Y43.72%
OCF growth 1Y246.33%
OCF growth 3Y43.81%
OCF growth 5Y42.47%
PALOMAR HOLDINGS INC / PLMR FAQ
Can you provide the ChartMill fundamental rating for PALOMAR HOLDINGS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PLMR.
What is the valuation status for PLMR stock?
ChartMill assigns a valuation rating of 5 / 10 to PALOMAR HOLDINGS INC (PLMR). This can be considered as Fairly Valued.
Can you provide the profitability details for PALOMAR HOLDINGS INC?
PALOMAR HOLDINGS INC (PLMR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of PALOMAR HOLDINGS INC (PLMR) stock?
The Price/Earnings (PE) ratio for PALOMAR HOLDINGS INC (PLMR) is 18.12 and the Price/Book (PB) ratio is 4.1.
How sustainable is the dividend of PALOMAR HOLDINGS INC (PLMR) stock?
The dividend rating of PALOMAR HOLDINGS INC (PLMR) is 0 / 10 and the dividend payout ratio is 0%.