SKYWARD SPECIALTY INSURANCE (SKWD) Stock Fundamental Analysis
USA - NASDAQ:SKWD - US8309401029 - Common Stock
47.72 USD
+0.09 (+0.19%)
47.72 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SKWD. SKWD was compared to 146 industry peers in the Insurance industry. While SKWD is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In the past year SKWD had a positive cash flow from operations.
SKWD had positive earnings in 4 of the past 5 years.
In the past 5 years SKWD always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.05%, SKWD is doing good in the industry, outperforming 66.44% of the companies in the same industry.
The Return On Equity of SKWD (14.70%) is better than 72.60% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.28%, SKWD is in the better half of the industry, outperforming 67.12% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SKWD is in line with the industry average of 4.47%.
The 3 year average ROIC (2.80%) for SKWD is below the current ROIC(3.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 14.7% | ||
| 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
With a decent Profit Margin value of 10.58%, SKWD is doing good in the industry, outperforming 67.81% of the companies in the same industry.
SKWD's Profit Margin has improved in the last couple of years.
SKWD's Operating Margin of 14.06% is fine compared to the rest of the industry. SKWD outperforms 60.27% of its industry peers.
In the last couple of years the Operating Margin of SKWD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.06% | ||
| PM (TTM) | 10.58% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SKWD is destroying value.
SKWD has more shares outstanding than it did 1 year ago.
SKWD has a better debt/assets ratio than last year.
2.2 Solvency
SKWD has a debt to FCF ratio of 0.32. This is a very positive value and a sign of high solvency as it would only need 0.32 years to pay back of all of its debts.
The Debt to FCF ratio of SKWD (0.32) is better than 87.67% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that SKWD is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.13, SKWD is in the better half of the industry, outperforming 73.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.32 | ||
| Altman-Z | N/A |
ROIC/WACC0.39
WACC8.48%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SKWD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.44%, which is quite good.
SKWD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.21% yearly.
The Revenue has grown by 22.46% in the past year. This is a very strong growth!
SKWD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 27.94% yearly.
EPS 1Y (TTM)17.44%
EPS 3Y41.21%
EPS 5YN/A
EPS Q2Q%11.25%
Revenue 1Y (TTM)22.46%
Revenue growth 3Y27.94%
Revenue growth 5YN/A
Sales Q2Q%14.27%
3.2 Future
Based on estimates for the next years, SKWD will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.70% on average per year.
The Revenue is expected to grow by 13.61% on average over the next years. This is quite good.
EPS Next Y18.45%
EPS Next 2Y15.93%
EPS Next 3Y15.06%
EPS Next 5Y13.7%
Revenue Next Year15.67%
Revenue Next 2Y13.7%
Revenue Next 3Y12.52%
Revenue Next 5Y13.61%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
Based on the Price/Earnings ratio of 14.46, the valuation of SKWD can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of SKWD is on the same level as its industry peers.
SKWD is valuated rather cheaply when we compare the Price/Earnings ratio to 27.43, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.60 indicates a reasonable valuation of SKWD.
SKWD's Price/Forward Earnings is on the same level as the industry average.
SKWD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.46 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SKWD is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, SKWD is valued a bit cheaper than 72.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.22 | ||
| EV/EBITDA | 10.68 |
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.
SKWD has a very decent profitability rating, which may justify a higher PE ratio.
SKWD's earnings are expected to grow with 15.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y15.93%
EPS Next 3Y15.06%
5. Dividend
5.1 Amount
No dividends for SKWD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
47.72
+0.09 (+0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners102.07%
Inst Owner Change-0.83%
Ins Owners7.55%
Ins Owner Change-0.94%
Market Cap1.93B
Analysts77.78
Price Target61.09 (28.02%)
Short Float %2.19%
Short Ratio1.77
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)7.75%
Min EPS beat(2)1.05%
Max EPS beat(2)14.46%
EPS beat(4)4
Avg EPS beat(4)6.39%
Min EPS beat(4)1.05%
Max EPS beat(4)14.46%
EPS beat(8)8
Avg EPS beat(8)17.68%
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)0.14%
Min Revenue beat(2)-3.34%
Max Revenue beat(2)3.61%
Revenue beat(4)2
Avg Revenue beat(4)0.29%
Min Revenue beat(4)-3.34%
Max Revenue beat(4)3.61%
Revenue beat(8)4
Avg Revenue beat(8)1.27%
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)-1.64%
PT rev (3m)-3.23%
EPS NQ rev (1m)0.72%
EPS NQ rev (3m)2.41%
EPS NY rev (1m)0.72%
EPS NY rev (3m)0.72%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)0.23%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.46 | ||
| Fwd PE | 11.6 | ||
| P/S | 1.54 | ||
| P/FCF | 5.22 | ||
| P/OCF | 5.15 | ||
| P/B | 2.15 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 10.68 |
EPS(TTM)3.3
EY6.92%
EPS(NY)4.11
Fwd EY8.62%
FCF(TTM)9.15
FCFY19.17%
OCF(TTM)9.26
OCFY19.41%
SpS30.89
BVpS22.23
TBVpS20.03
PEG (NY)0.78
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 14.7% | ||
| ROCE | 4.21% | ||
| ROIC | 3.28% | ||
| ROICexc | 3.39% | ||
| ROICexgc | 5.18% | ||
| OM | 14.06% | ||
| PM (TTM) | 10.58% | ||
| GM | N/A | ||
| FCFM | 29.6% |
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-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.32 | ||
| Debt/EBITDA | 0.67 | ||
| Cap/Depr | 141.19% | ||
| Cap/Sales | 0.38% | ||
| Interest Coverage | 25.25 | ||
| Cash Conversion | 209.2% | ||
| Profit Quality | 279.9% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score4
WACC8.48%
ROIC/WACC0.39
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)17.44%
EPS 3Y41.21%
EPS 5YN/A
EPS Q2Q%11.25%
EPS Next Y18.45%
EPS Next 2Y15.93%
EPS Next 3Y15.06%
EPS Next 5Y13.7%
Revenue 1Y (TTM)22.46%
Revenue growth 3Y27.94%
Revenue growth 5YN/A
Sales Q2Q%14.27%
Revenue Next Year15.67%
Revenue Next 2Y13.7%
Revenue Next 3Y12.52%
Revenue Next 5Y13.61%
EBIT growth 1Y12%
EBIT growth 3Y44.22%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y47.83%
FCF growth 3Y20.24%
FCF growth 5YN/A
OCF growth 1Y48.01%
OCF growth 3Y20.29%
OCF growth 5YN/A