OLD REPUBLIC INTL CORP (ORI)
US6802231042 - Common Stock
ORI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. While ORI is still in line with the averages on profitability rating, there are concerns on its financial health. ORI is not valued too expensively and it also shows a decent growth rate.
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.
ORI had positive earnings in each of the past 5 years.
Each year in the past 5 years ORI had a positive operating cash flow.
1.2 Ratios
ORI has a Return On Assets of 3.25%. This is in the better half of the industry: ORI outperforms 67.86% of its industry peers.
With a decent Return On Equity value of 14.55%, ORI is doing good in the industry, outperforming 65.00% of the companies in the same industry.
The Return On Invested Capital of ORI (3.09%) is better than 66.43% of its industry peers.
ORI had an Average Return On Invested Capital over the past 3 years of 3.60%. This is in line with the industry average of 4.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 14.55% | ||
| ROIC | 3.09% |
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
ORI has a Profit Margin of 11.72%. This is in the better half of the industry: ORI outperforms 70.00% of its industry peers.
In the last couple of years the Profit Margin of ORI has grown nicely.
The Operating Margin of ORI (13.65%) is better than 62.14% of its industry peers.
ORI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.65% | ||
| PM (TTM) | 11.72% | ||
| 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
The number of shares outstanding for ORI has been reduced compared to 1 year ago.
ORI has less shares outstanding than it did 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 1.73, which is an excellent value as it means it would take ORI, only 1.73 years of fcf income to pay off all of its debts.
ORI has a Debt to FCF ratio (1.73) which is in line with its industry peers.
A Debt/Equity ratio of 0.31 indicates that ORI is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.31, ORI is in line with its industry, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 1.73 | ||
| 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 small growth in Earnings Per Share. In the last year, the EPS has grown by 2.91%.
ORI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.03% yearly.
ORI shows a small growth in Revenue. In the last year, the Revenue has grown by 7.28%.
ORI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.41% yearly.
EPS 1Y (TTM)2.91%
EPS 3Y5.32%
EPS 5Y7.03%
EPS Q2Q%-1.39%
Revenue 1Y (TTM)7.28%
Revenue growth 3Y0.27%
Revenue growth 5Y2.41%
Sales Q2Q%10.12%
3.2 Future
Based on estimates for the next years, ORI will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.62% on average per year.
Based on estimates for the next years, ORI will show a quite strong growth in Revenue. The Revenue will grow by 8.60% on average per year.
EPS Next Y7.61%
EPS Next 2Y10.43%
EPS Next 3Y8.62%
EPS Next 5YN/A
Revenue Next Year13.77%
Revenue Next 2Y9.77%
Revenue Next 3Y8.6%
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 accelerating.
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
Based on the Price/Earnings ratio of 13.64, the valuation of ORI can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of ORI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 29.29, ORI is valued rather cheaply.
ORI is valuated reasonably with a Price/Forward Earnings ratio of 11.99.
The rest of the industry has a similar Price/Forward Earnings ratio as ORI.
ORI is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 11.99 |
4.2 Price Multiples
ORI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.5 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ORI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.79
PEG (5Y)1.94
EPS Next 2Y10.43%
EPS Next 3Y8.62%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.77%, ORI has a reasonable but not impressive dividend return.
ORI's Dividend Yield is a higher than the industry average which is at 4.06.
Compared to an average S&P500 Dividend Yield of 2.19, ORI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
5.2 History
The dividend of ORI decreases each year by -11.30%.
ORI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-11.3%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ORI pays out 29.20% of its income as dividend. This is a sustainable payout ratio.
DP29.2%
EPS Next 2Y10.43%
EPS Next 3Y8.62%
OLD REPUBLIC INTL CORP
NYSE:ORI (11/22/2024, 8:04:00 PM)
After market: 38.6 0 (0%)38.6
+0.38 (+0.99%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.79B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
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)
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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)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
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 | 13.64 | ||
| Fwd PE | 11.99 | ||
| 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)1.79
PEG (5Y)1.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.25% | ||
| ROE | 14.55% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.65% | ||
| PM (TTM) | 11.72% | ||
| 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 | 0.31 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)2.91%
EPS 3Y5.32%
EPS 5Y
EPS Q2Q%
EPS Next Y7.61%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.28%
Revenue growth 3Y0.27%
Revenue growth 5Y
Sales 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