OLD REPUBLIC INTL CORP (ORI)
US6802231042 - Common Stock
Overall ORI gets a fundamental rating of 4 out of 10. We evaluated ORI against 140 industry peers in the Insurance industry. ORI has a medium profitability rating, but doesn't score so well on its financial health evaluation. ORI has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
ORI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ORI (2.26%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 9.34%, ORI is in line with its industry, outperforming 43.88% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.90%, ORI is in the better half of the industry, outperforming 62.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ORI is in line with the industry average of 4.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 9.34% | ||
| ROIC | 2.9% |
ROA(3y)3.71%
ROA(5y)3.72%
ROE(3y)14.24%
ROE(5y)13.87%
ROIC(3y)3.6%
ROIC(5y)3.4%
1.3 Margins
The Profit Margin of ORI (8.11%) is comparable to the rest of the industry.
ORI's Profit Margin has improved in the last couple of years.
ORI has a Operating Margin (12.76%) which is in line with its industry peers.
ORI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.76% | ||
| PM (TTM) | 8.11% | ||
| GM | N/A |
OM growth 3Y1.68%
OM growth 5Y1.55%
PM growth 3Y2.05%
PM growth 5Y7.48%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ORI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ORI has been reduced compared to 5 years ago.
Compared to 1 year ago, ORI has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ORI is 1.81, which is an excellent value as it means it would take ORI, only 1.81 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ORI (1.81) is comparable to the rest of the industry.
ORI has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.25, ORI is in the better half of the industry, outperforming 70.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.81 | ||
| 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 slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.88%.
ORI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.03% yearly.
Looking at the last year, ORI shows a decrease in Revenue. The Revenue has decreased by -4.14% in the last year.
ORI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
EPS 1Y (TTM)-2.88%
EPS 3Y5.32%
EPS 5Y7.03%
EPS growth Q2Q9.84%
Revenue 1Y (TTM)-4.14%
Revenue growth 3Y0.27%
Revenue growth 5Y2.41%
Revenue growth Q2Q5%
3.2 Future
The Earnings Per Share is expected to grow by 5.56% on average over the next years.
Based on estimates for the next years, ORI will show a small growth in Revenue. The Revenue will grow by 6.23% on average per year.
EPS Next Y3.77%
EPS Next 2Y5.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.92%
Revenue Next 2Y6.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.93, the valuation of ORI can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of ORI is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 28.60. ORI is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.95 indicates a reasonable valuation of ORI.
The rest of the industry has a similar Price/Forward Earnings ratio as ORI.
The average S&P500 Price/Forward Earnings ratio is at 20.15. ORI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.93 | ||
| Fwd PE | 10.95 |
4.2 Price Multiples
ORI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.09 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ORI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.16
PEG (5Y)1.7
EPS Next 2Y5.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.32%, ORI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.26, ORI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, ORI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
5.2 History
The dividend of ORI decreases each year by -11.30%.
ORI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-11.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ORI pays out 46.03% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP46.03%
EPS Next 2Y5.56%
EPS Next 3YN/A
OLD REPUBLIC INTL CORP
NYSE:ORI (5/17/2024, 7:18:08 PM)
After market: 32.21 0 (0%)32.21
+0.29 (+0.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.87B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.93 | ||
| Fwd PE | 10.95 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.16
PEG (5Y)1.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.26% | ||
| ROE | 9.34% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.76% | ||
| PM (TTM) | 8.11% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-2.88%
EPS 3Y5.32%
EPS 5Y
EPS growth Q2Q
EPS Next Y3.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.14%
Revenue growth 3Y0.27%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y