Is ERIE INDEMNITY COMPANY-CL A (NASDAQ:ERIE) suited for quality investing?

In this article we will dive into ERIE INDEMNITY COMPANY-CL A (NASDAQ:ERIE) as a possible candidate for quality investing. Investors should always do their own research, but we noticed ERIE INDEMNITY COMPANY-CL A showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Some of the quality metrics of NASDAQ:ERIE highlighted

• ERIE INDEMNITY COMPANY-CL A has demonstrated significant revenue growth over the past 5 years, with a 6.53% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• With a notable ROIC excluding cash and goodwill at 27.97%, ERIE INDEMNITY COMPANY-CL A demonstrates its commitment to generating sustainable returns for shareholders. This metric emphasizes the company's effective use of capital and its ability to deliver long-term value.
• The Debt/Free Cash Flow Ratio of ERIE INDEMNITY COMPANY-CL A stands at 0.0, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
• ERIE INDEMNITY COMPANY-CL A demonstrates consistent Profit Quality over the past 5 years, with a strong 86.17%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• ERIE INDEMNITY COMPANY-CL A has consistently achieved strong EBIT growth over the past 5 years, with a 8.6% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• ERIE INDEMNITY COMPANY-CL A has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

Fundamental analysis of NASDAQ:ERIE

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Overall ERIE gets a fundamental rating of 7 out of 10. We evaluated ERIE against 140 industry peers in the Insurance industry. Both the health and profitability get an excellent rating, making ERIE a very profitable company, without any liquidiy or solvency issues. ERIE is valued quite expensively, but it does show have an excellent growth rating. This makes ERIE very considerable for growth and quality investing!

Check the latest full fundamental report of ERIE for a complete fundamental analysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.