PROASSURANCE CORP (PRA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PRA - US74267C1062 - Common Stock
23.9 USD
+0.04 (+0.17%)
23.9 USD
0 (0%)
Overall PRA gets a fundamental rating of 2 out of 10. We evaluated PRA against 148 industry peers in the Insurance industry. PRA may be in some trouble as it scores bad on both profitability and health. PRA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PRA had positive earnings in the past year.
In the past year PRA has reported a negative cash flow from operations.
In multiple years PRA reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: PRA reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.61%, PRA is doing worse than 68.92% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.58%, PRA is doing worse than 82.43% of the companies in the same industry.
The Return On Invested Capital of PRA (0.76%) is worse than 63.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PRA is below the industry average of 4.57%.
The 3 year average ROIC (0.50%) for PRA is below the current ROIC(0.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.58% | ||
| ROIC | 0.76% |
ROA(3y)0.08%
ROA(5y)-0.24%
ROE(3y)0.29%
ROE(5y)-0.41%
ROIC(3y)0.5%
ROIC(5y)N/A
1.3 Margins
PRA has a worse Profit Margin (3.05%) than 76.35% of its industry peers.
PRA's Profit Margin has improved in the last couple of years.
PRA has a worse Operating Margin (4.56%) than 81.76% of its industry peers.
PRA's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.56% | ||
| PM (TTM) | 3.05% | ||
| GM | N/A |
OM growth 3Y13.27%
OM growth 5Y78.9%
PM growth 3Y-29.65%
PM growth 5Y116.12%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PRA 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 PRA has been increased compared to 1 year ago.
Compared to 5 years ago, PRA has less shares outstanding
The debt/assets ratio for PRA is higher compared to a year ago.
2.2 Solvency
PRA has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of PRA (0.32) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.1
WACC7.7%
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 93.33% over the past year.
PRA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 119.92% yearly.
The Revenue has decreased by -3.68% in the past year.
PRA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.27% yearly.
EPS 1Y (TTM)93.33%
EPS 3Y-10.31%
EPS 5Y119.92%
EPS Q2Q%-55.88%
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y1.68%
Revenue growth 5Y2.27%
Sales Q2Q%-5.68%
3.2 Future
Based on estimates for the next years, PRA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.44% on average per year.
Based on estimates for the next years, PRA will show a decrease in Revenue. The Revenue will decrease by -0.95% on average per year.
EPS Next Y17.83%
EPS Next 2Y4.24%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue Next Year-1.41%
Revenue Next 2Y-1.04%
Revenue Next 3Y-0.95%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.60 indicates a rather expensive valuation of PRA.
Based on the Price/Earnings ratio, PRA is valued a bit more expensive than the industry average as 71.62% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of PRA to the average of the S&P500 Index (26.46), we can say PRA is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 21.78, the valuation of PRA can be described as rather expensive.
Based on the Price/Forward Earnings ratio, PRA is valued a bit more expensive than 75.68% of the companies in the same industry.
PRA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 21.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PRA indicates a slightly more expensive valuation: PRA is more expensive than 69.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.47 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.16
PEG (5Y)0.17
EPS Next 2Y4.24%
EPS Next 3Y8.44%
5. Dividend
5.1 Amount
PRA has a Yearly Dividend Yield of 1.55%.
PRA's Dividend Yield is comparable with the industry average which is at 3.32.
PRA's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
5.2 History
PRA has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y4.24%
EPS Next 3Y8.44%
23.9
+0.04 (+0.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners98.6%
Inst Owner Change8.67%
Ins Owners1.28%
Ins Owner Change0%
Market Cap1.23B
Revenue(TTM)1.10B
Net Income(TTM)33.71M
Analysts48.33
Price Target25.5 (6.69%)
Short Float %12.1%
Short Ratio15.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)50.63%
Min EPS beat(2)-43.9%
Max EPS beat(2)145.17%
EPS beat(4)2
Avg EPS beat(4)44.4%
Min EPS beat(4)-43.9%
Max EPS beat(4)145.17%
EPS beat(8)5
Avg EPS beat(8)34.89%
EPS beat(12)6
Avg EPS beat(12)-3.27%
EPS beat(16)8
Avg EPS beat(16)14.28%
Revenue beat(2)0
Avg Revenue beat(2)-5.09%
Min Revenue beat(2)-6.09%
Max Revenue beat(2)-4.09%
Revenue beat(4)0
Avg Revenue beat(4)-3.42%
Min Revenue beat(4)-6.09%
Max Revenue beat(4)-1.53%
Revenue beat(8)0
Avg Revenue beat(8)-4.92%
Revenue beat(12)2
Avg Revenue beat(12)-1.35%
Revenue beat(16)4
Avg Revenue beat(16)-0.91%
PT rev (1m)10.29%
PT rev (3m)10.29%
EPS NQ rev (1m)-7.79%
EPS NQ rev (3m)-8.95%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.03%
Revenue NQ rev (1m)1.36%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 21.78 | ||
| P/S | 1.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.94 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 24.47 |
EPS(TTM)1.16
EY4.85%
EPS(NY)1.1
Fwd EY4.59%
FCF(TTM)-0.25
FCFYN/A
OCF(TTM)-0.25
OCFYN/A
SpS21.47
BVpS25.37
TBVpS24.29
PEG (NY)1.16
PEG (5Y)0.17
Graham Number25.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.58% | ||
| ROCE | 0.91% | ||
| ROIC | 0.76% | ||
| ROICexc | 0.77% | ||
| ROICexgc | 0.86% | ||
| OM | 4.56% | ||
| PM (TTM) | 3.05% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.08%
ROA(5y)-0.24%
ROE(3y)0.29%
ROE(5y)-0.41%
ROIC(3y)0.5%
ROIC(5y)N/A
ROICexc(3y)0.51%
ROICexc(5y)N/A
ROICexgc(3y)0.58%
ROICexgc(5y)N/A
ROCE(3y)0.6%
ROCE(5y)N/A
ROICexgc growth 3Y18.48%
ROICexgc growth 5Y73.91%
ROICexc growth 3Y18.73%
ROICexc growth 5Y76.59%
OM growth 3Y13.27%
OM growth 5Y78.9%
PM growth 3Y-29.65%
PM growth 5Y116.12%
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.47 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score2
WACC7.7%
ROIC/WACC0.1
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)93.33%
EPS 3Y-10.31%
EPS 5Y119.92%
EPS Q2Q%-55.88%
EPS Next Y17.83%
EPS Next 2Y4.24%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.68%
Revenue growth 3Y1.68%
Revenue growth 5Y2.27%
Sales Q2Q%-5.68%
Revenue Next Year-1.41%
Revenue Next 2Y-1.04%
Revenue Next 3Y-0.95%
Revenue Next 5YN/A
EBIT growth 1Y-23.56%
EBIT growth 3Y15.18%
EBIT growth 5Y82.96%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y84.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y84.71%
OCF growth 3YN/A
OCF growth 5YN/A
PROASSURANCE CORP / PRA FAQ
What is the ChartMill fundamental rating of PROASSURANCE CORP (PRA) stock?
ChartMill assigns a fundamental rating of 2 / 10 to PRA.
Can you provide the valuation status for PROASSURANCE CORP?
ChartMill assigns a valuation rating of 2 / 10 to PROASSURANCE CORP (PRA). This can be considered as Overvalued.
What is the profitability of PRA stock?
PROASSURANCE CORP (PRA) has a profitability rating of 2 / 10.
What is the valuation of PROASSURANCE CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PROASSURANCE CORP (PRA) is 20.6 and the Price/Book (PB) ratio is 0.94.
What is the expected EPS growth for PROASSURANCE CORP (PRA) stock?
The Earnings per Share (EPS) of PROASSURANCE CORP (PRA) is expected to grow by 17.83% in the next year.