134.96 USD
+1.09 (+0.82%)
134.96 USD
0 (0%)
Taking everything into account, PLMR scores 6 out of 10 in our fundamental rating. PLMR was compared to 147 industry peers in the Insurance industry. PLMR has an excellent profitability rating, but there are some minor concerns on its financial health. PLMR is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year PLMR was profitable.
In the past year PLMR had a positive cash flow from operations.
Each year in the past 5 years PLMR has been profitable.
In the past 5 years PLMR always reported a positive cash flow from operatings.
1.2 Ratios
PLMR's Return On Assets of 5.97% is amongst the best of the industry. PLMR outperforms 87.76% of its industry peers.
Looking at the Return On Equity, with a value of 20.03%, PLMR belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
PLMR has a Return On Invested Capital of 5.92%. This is amongst the best in the industry. PLMR outperforms 84.35% of its industry peers.
PLMR had an Average Return On Invested Capital over the past 3 years of 4.75%. This is significantly below the industry average of 14.89%.
The last Return On Invested Capital (5.92%) for PLMR is above the 3 year average (4.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.97% | ||
| ROE | 20.03% | ||
| ROIC | 5.92% |
ROA(3y)4.61%
ROA(5y)3.93%
ROE(3y)15.5%
ROE(5y)11.97%
ROIC(3y)4.75%
ROIC(5y)3.96%
1.3 Margins
The Profit Margin of PLMR (22.94%) is better than 93.20% of its industry peers.
PLMR's Profit Margin has improved in the last couple of years.
The Operating Margin of PLMR (28.38%) is better than 89.80% of its industry peers.
In the last couple of years the Operating Margin of PLMR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.38% | ||
| PM (TTM) | 22.94% | ||
| GM | N/A |
OM growth 3Y4.56%
OM growth 5Y9.37%
PM growth 3Y4.72%
PM growth 5Y17.81%
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 PLMR is destroying value.
PLMR has more shares outstanding than it did 1 year ago.
PLMR has more shares outstanding than it did 5 years ago.
PLMR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for PLMR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.68
WACC8.76%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PLMR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.99%, which is quite impressive.
The Earnings Per Share has been growing by 23.66% on average over the past years. This is a very strong growth
The Revenue has grown by 52.27% in the past year. This is a very strong growth!
Measured over the past years, PLMR shows a very strong growth in Revenue. The Revenue has been growing by 37.35% on average per year.
EPS 1Y (TTM)52.99%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%63.41%
Revenue 1Y (TTM)52.27%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%43.9%
3.2 Future
PLMR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.01% yearly.
Based on estimates for the next years, PLMR will show a very strong growth in Revenue. The Revenue will grow by 22.31% on average per year.
EPS Next Y54.6%
EPS Next 2Y31.6%
EPS Next 3Y26.01%
EPS Next 5YN/A
Revenue Next Year30.66%
Revenue Next 2Y26.06%
Revenue Next 3Y22.31%
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 stable.
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 18.85, the valuation of PLMR can be described as rather expensive.
64.63% of the companies in the same industry are cheaper than PLMR, based on the Price/Earnings ratio.
PLMR is valuated rather cheaply when we compare the Price/Earnings ratio to 26.38, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 15.31, the valuation of PLMR can be described as correct.
62.59% of the companies in the same industry are cheaper than PLMR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.83. PLMR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.85 | ||
| Fwd PE | 15.31 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PLMR indicates a slightly more expensive valuation: PLMR is more expensive than 62.59% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLMR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.07 | ||
| EV/EBITDA | 15.43 |
4.3 Compensation for Growth
PLMR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PLMR has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PLMR's earnings are expected to grow with 26.01% in the coming years.
PEG (NY)0.35
PEG (5Y)0.8
EPS Next 2Y31.6%
EPS Next 3Y26.01%
5. Dividend
5.1 Amount
No dividends for PLMR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
134.96
+1.09 (+0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners95.09%
Inst Owner Change-2.32%
Ins Owners2.48%
Ins Owner Change2.92%
Market Cap3.58B
Revenue(TTM)766.67M
Net Income(TTM)175.87M
Analysts83.08
Price Target163.2 (20.92%)
Short Float %1.87%
Short Ratio1.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.46%
Min EPS beat(2)3.51%
Max EPS beat(2)21.42%
EPS beat(4)4
Avg EPS beat(4)15.33%
Min EPS beat(4)3.51%
Max EPS beat(4)21.42%
EPS beat(8)8
Avg EPS beat(8)15.08%
EPS beat(12)12
Avg EPS beat(12)13.21%
EPS beat(16)15
Avg EPS beat(16)8.46%
Revenue beat(2)2
Avg Revenue beat(2)8.37%
Min Revenue beat(2)5.98%
Max Revenue beat(2)10.76%
Revenue beat(4)2
Avg Revenue beat(4)3.09%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)10.76%
Revenue beat(8)4
Avg Revenue beat(8)3.32%
Revenue beat(12)5
Avg Revenue beat(12)-3.87%
Revenue beat(16)5
Avg Revenue beat(16)-16.91%
PT rev (1m)4.35%
PT rev (3m)-4.08%
EPS NQ rev (1m)4.56%
EPS NQ rev (3m)3.34%
EPS NY rev (1m)6.9%
EPS NY rev (3m)8.18%
Revenue NQ rev (1m)1.71%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)4.26%
Revenue NY rev (3m)4.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.85 | ||
| Fwd PE | 15.31 | ||
| P/S | 4.66 | ||
| P/FCF | 12.07 | ||
| P/OCF | 9.82 | ||
| P/B | 4.07 | ||
| P/tB | 4.39 | ||
| EV/EBITDA | 15.43 |
EPS(TTM)7.16
EY5.31%
EPS(NY)8.82
Fwd EY6.53%
FCF(TTM)11.18
FCFY8.29%
OCF(TTM)13.75
OCFY10.19%
SpS28.93
BVpS33.14
TBVpS30.78
PEG (NY)0.35
PEG (5Y)0.8
Graham Number73.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.97% | ||
| ROE | 20.03% | ||
| ROCE | 7.68% | ||
| ROIC | 5.92% | ||
| ROICexc | 6.17% | ||
| ROICexgc | 9.89% | ||
| OM | 28.38% | ||
| PM (TTM) | 22.94% | ||
| GM | N/A | ||
| FCFM | 38.66% |
ROA(3y)4.61%
ROA(5y)3.93%
ROE(3y)15.5%
ROE(5y)11.97%
ROIC(3y)4.75%
ROIC(5y)3.96%
ROICexc(3y)4.95%
ROICexc(5y)4.14%
ROICexgc(3y)7.96%
ROICexgc(5y)6.46%
ROCE(3y)6.16%
ROCE(5y)5.14%
ROICexgc growth 3Y4.17%
ROICexgc growth 5Y10.49%
ROICexc growth 3Y1.1%
ROICexc growth 5Y4.73%
OM growth 3Y4.56%
OM growth 5Y9.37%
PM growth 3Y4.72%
PM growth 5Y17.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 1330.67% | ||
| Cap/Sales | 8.86% | ||
| Interest Coverage | 706.47 | ||
| Cash Conversion | 163.6% | ||
| Profit Quality | 168.53% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC8.76%
ROIC/WACC0.68
Cap/Depr(3y)179.25%
Cap/Depr(5y)306.32%
Cap/Sales(3y)2.07%
Cap/Sales(5y)2.95%
Profit Quality(3y)220.49%
Profit Quality(5y)315.8%
High Growth Momentum
Growth
EPS 1Y (TTM)52.99%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%63.41%
EPS Next Y54.6%
EPS Next 2Y31.6%
EPS Next 3Y26.01%
EPS Next 5YN/A
Revenue 1Y (TTM)52.27%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%43.9%
Revenue Next Year30.66%
Revenue Next 2Y26.06%
Revenue Next 3Y22.31%
Revenue Next 5YN/A
EBIT growth 1Y61.99%
EBIT growth 3Y36.71%
EBIT growth 5Y50.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y89.39%
FCF growth 3Y45.45%
FCF growth 5Y43.72%
OCF growth 1Y115.72%
OCF growth 3Y43.81%
OCF growth 5Y42.47%
PALOMAR HOLDINGS INC / PLMR FAQ
Can you provide the ChartMill fundamental rating for PALOMAR HOLDINGS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PLMR.
What is the valuation status for PLMR stock?
ChartMill assigns a valuation rating of 4 / 10 to PALOMAR HOLDINGS INC (PLMR). This can be considered as Fairly Valued.
Can you provide the profitability details for PALOMAR HOLDINGS INC?
PALOMAR HOLDINGS INC (PLMR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of PALOMAR HOLDINGS INC (PLMR) stock?
The Price/Earnings (PE) ratio for PALOMAR HOLDINGS INC (PLMR) is 18.85 and the Price/Book (PB) ratio is 4.07.
How sustainable is the dividend of PALOMAR HOLDINGS INC (PLMR) stock?
The dividend rating of PALOMAR HOLDINGS INC (PLMR) is 0 / 10 and the dividend payout ratio is 0%.