SKYWARD SPECIALTY INSURANCE (SKWD) Stock Fundamental Analysis
NASDAQ:SKWD - Nasdaq - US8309401029 - Common Stock - Currency: USD
Overall SKWD gets a fundamental rating of 5 out of 10. We evaluated SKWD against 142 industry peers in the Insurance industry. There are concerns on the financial health of SKWD while its profitability can be described as average. SKWD is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
SKWD had positive earnings in the past year.
SKWD had a positive operating cash flow in the past year.
Of the past 5 years SKWD 4 years were profitable.
Each year in the past 5 years SKWD had a positive operating cash flow.
1.2 Ratios
SKWD's Return On Assets of 3.08% is fine compared to the rest of the industry. SKWD outperforms 71.13% of its industry peers.
Looking at the Return On Equity, with a value of 14.59%, SKWD is in the better half of the industry, outperforming 73.24% of the companies in the same industry.
SKWD has a better Return On Invested Capital (3.28%) than 69.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SKWD is in line with the industry average of 4.07%.
The last Return On Invested Capital (3.28%) for SKWD is above the 3 year average (2.80%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.08% | ||
| ROE | 14.59% | ||
| ROIC | 3.28% |
ROA(3y)2.3%
ROA(5y)0.98%
ROE(3y)10.86%
ROE(5y)4.52%
ROIC(3y)2.8%
ROIC(5y)N/A
1.3 Margins
SKWD's Profit Margin of 10.26% is fine compared to the rest of the industry. SKWD outperforms 69.01% of its industry peers.
SKWD's Profit Margin has improved in the last couple of years.
SKWD has a Operating Margin of 13.61%. This is in the better half of the industry: SKWD outperforms 64.08% of its industry peers.
SKWD's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.61% | ||
| PM (TTM) | 10.26% | ||
| GM | N/A |
OM growth 3Y12.72%
OM growth 5YN/A
PM growth 3Y14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SKWD 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 SKWD has been increased compared to 1 year ago.
Compared to 1 year ago, SKWD has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SKWD is 0.39, which is an excellent value as it means it would take SKWD, only 0.39 years of fcf income to pay off all of its debts.
SKWD has a better Debt to FCF ratio (0.39) than 85.92% of its industry peers.
SKWD has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
SKWD's Debt to Equity ratio of 0.14 is fine compared to the rest of the industry. SKWD outperforms 76.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.39 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC9.84%
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 32.10% over the past year.
Measured over the past years, SKWD shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.21% on average per year.
SKWD shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.95%.
SKWD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.94% yearly.
EPS 1Y (TTM)32.1%
EPS 3Y41.21%
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)27.95%
Revenue growth 3Y27.94%
Revenue growth 5YN/A
Sales Q2Q%23.99%
3.2 Future
The Earnings Per Share is expected to grow by 13.62% on average over the next years. This is quite good.
SKWD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.61% yearly.
EPS Next Y17.6%
EPS Next 2Y15.04%
EPS Next 3Y15.42%
EPS Next 5Y13.62%
Revenue Next Year16.78%
Revenue Next 2Y14.38%
Revenue Next 3Y12.5%
Revenue Next 5Y13.61%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.45, the valuation of SKWD can be described as rather expensive.
65.49% of the companies in the same industry are cheaper than SKWD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.52, SKWD is valued a bit cheaper.
The Price/Forward Earnings ratio is 15.42, which indicates a correct valuation of SKWD.
SKWD's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SKWD is more expensive than 64.79% of the companies in the same industry.
SKWD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.25, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.45 | ||
| Fwd PE | 15.42 |
4.2 Price Multiples
SKWD's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as SKWD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.31 | ||
| EV/EBITDA | 15.18 |
4.3 Compensation for Growth
SKWD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SKWD may justify a higher PE ratio.
A more expensive valuation may be justified as SKWD's earnings are expected to grow with 15.42% in the coming years.
PEG (NY)1.11
PEG (5Y)N/A
EPS Next 2Y15.04%
EPS Next 3Y15.42%
5. Dividend
5.1 Amount
No dividends for SKWD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
62.45
-0.5 (-0.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners100.71%
Inst Owner Change2.45%
Ins Owners7.91%
Ins Owner Change0.98%
Market Cap2.52B
Analysts77.78
Price Target60.18 (-3.63%)
Short Float %2.45%
Short Ratio2
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)8.47%
Min EPS beat(2)2.48%
Max EPS beat(2)14.46%
EPS beat(4)4
Avg EPS beat(4)11.12%
Min EPS beat(4)2.48%
Max EPS beat(4)19.97%
EPS beat(8)8
Avg EPS beat(8)18.41%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.74%
Min Revenue beat(2)-0.12%
Max Revenue beat(2)3.61%
Revenue beat(4)2
Avg Revenue beat(4)0.4%
Min Revenue beat(4)-2.91%
Max Revenue beat(4)3.61%
Revenue beat(8)5
Avg Revenue beat(8)2.29%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.73%
PT rev (3m)9.26%
EPS NQ rev (1m)0.33%
EPS NQ rev (3m)0.58%
EPS NY rev (1m)3.24%
EPS NY rev (3m)3.65%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)1.49%
Revenue NY rev (3m)4.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.45 | ||
| Fwd PE | 15.42 | ||
| P/S | 2.09 | ||
| P/FCF | 8.31 | ||
| P/OCF | 8.2 | ||
| P/B | 2.97 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 15.18 |
EPS(TTM)3.21
EY5.14%
EPS(NY)4.05
Fwd EY6.48%
FCF(TTM)7.51
FCFY12.03%
OCF(TTM)7.61
OCFY12.19%
SpS29.94
BVpS21.06
TBVpS18.9
PEG (NY)1.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.08% | ||
| ROE | 14.59% | ||
| ROCE | 4.21% | ||
| ROIC | 3.28% | ||
| ROICexc | 3.38% | ||
| ROICexgc | 5.17% | ||
| OM | 13.61% | ||
| PM (TTM) | 10.26% | ||
| GM | N/A | ||
| FCFM | 25.09% |
ROA(3y)2.3%
ROA(5y)0.98%
ROE(3y)10.86%
ROE(5y)4.52%
ROIC(3y)2.8%
ROIC(5y)N/A
ROICexc(3y)2.88%
ROICexc(5y)N/A
ROICexgc(3y)4.48%
ROICexgc(5y)N/A
ROCE(3y)3.6%
ROCE(5y)N/A
ROICexcg growth 3Y15.28%
ROICexcg growth 5YN/A
ROICexc growth 3Y19.87%
ROICexc growth 5YN/A
OM growth 3Y12.72%
OM growth 5YN/A
PM growth 3Y14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.39 | ||
| Debt/EBITDA | 0.71 | ||
| Cap/Depr | 124.06% | ||
| Cap/Sales | 0.34% | ||
| Interest Coverage | 21.31 | ||
| Cash Conversion | 183.17% | ||
| Profit Quality | 244.51% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC9.84%
ROIC/WACC0.33
Cap/Depr(3y)87.68%
Cap/Depr(5y)67.47%
Cap/Sales(3y)0.36%
Cap/Sales(5y)0.39%
Profit Quality(3y)552.8%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.1%
EPS 3Y41.21%
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y17.6%
EPS Next 2Y15.04%
EPS Next 3Y15.42%
EPS Next 5Y13.62%
Revenue 1Y (TTM)27.95%
Revenue growth 3Y27.94%
Revenue growth 5YN/A
Sales Q2Q%23.99%
Revenue Next Year16.78%
Revenue Next 2Y14.38%
Revenue Next 3Y12.5%
Revenue Next 5Y13.61%
EBIT growth 1Y22.57%
EBIT growth 3Y44.22%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y13.35%
FCF growth 3Y20.24%
FCF growth 5YN/A
OCF growth 1Y13.85%
OCF growth 3Y20.29%
OCF growth 5YN/A