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PALOMAR HOLDINGS INC (PLMR) Stock Fundamental Analysis

USA - NASDAQ:PLMR - US69753M1053 - Common Stock

115.84 USD
-1.93 (-1.64%)
Last: 9/19/2025, 4:22:30 PM
115.841 USD
0 (0%)
After Hours: 9/19/2025, 4:22:30 PM
Fundamental Rating

6

Overall PLMR gets a fundamental rating of 6 out of 10. We evaluated PLMR against 146 industry peers in the Insurance industry. While PLMR has a great profitability rating, there are some minor concerns on its financial health. PLMR is not overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

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8

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.
PLMR had positive earnings in each of the past 5 years.
In the past 5 years PLMR always reported a positive cash flow from operatings.
PLMR Yearly Net Income VS EBIT VS OCF VS FCFPLMR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

1.2 Ratios

The Return On Assets of PLMR (5.47%) is better than 88.36% of its industry peers.
PLMR has a Return On Equity of 18.29%. This is amongst the best in the industry. PLMR outperforms 84.93% of its industry peers.
With an excellent Return On Invested Capital value of 5.46%, PLMR belongs to the best of the industry, outperforming 83.56% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLMR is in line with the industry average of 4.47%.
The last Return On Invested Capital (5.46%) for PLMR is above the 3 year average (4.75%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.47%
ROE 18.29%
ROIC 5.46%
ROA(3y)4.61%
ROA(5y)3.93%
ROE(3y)15.5%
ROE(5y)11.97%
ROIC(3y)4.75%
ROIC(5y)3.96%
PLMR Yearly ROA, ROE, ROICPLMR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

Looking at the Profit Margin, with a value of 22.98%, PLMR belongs to the top of the industry, outperforming 94.52% of the companies in the same industry.
PLMR's Profit Margin has improved in the last couple of years.
PLMR has a better Operating Margin (28.15%) than 93.84% of its industry peers.
In the last couple of years the Operating Margin of PLMR has grown nicely.
Industry RankSector Rank
OM 28.15%
PM (TTM) 22.98%
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
PLMR Yearly Profit, Operating, Gross MarginsPLMR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

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4

2. Health

2.1 Basic Checks

PLMR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, PLMR has more shares outstanding
The number of shares outstanding for PLMR has been increased compared to 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.
PLMR Yearly Shares OutstandingPLMR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
PLMR Yearly Total Debt VS Total AssetsPLMR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

PLMR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z N/A
ROIC/WACC0.63
WACC8.7%
PLMR Yearly LT Debt VS Equity VS FCFPLMR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
PLMR Yearly Current Assets VS Current LiabilitesPLMR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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9

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 46.00% over the past year.
Measured over the past years, PLMR shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.66% on average per year.
The Revenue has grown by 51.14% in the past year. This is a very strong growth!
PLMR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.35% yearly.
EPS 1Y (TTM)46%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%40.8%
Revenue 1Y (TTM)51.14%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%28.84%

3.2 Future

The Earnings Per Share is expected to grow by 22.98% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 15.99% on average over the next years. This is quite good.
EPS Next Y42.91%
EPS Next 2Y28.59%
EPS Next 3Y22.98%
EPS Next 5YN/A
Revenue Next Year25.51%
Revenue Next 2Y22.06%
Revenue Next 3Y15.99%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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.
PLMR Yearly Revenue VS EstimatesPLMR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
PLMR Yearly EPS VS EstimatesPLMR Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

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5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 18.16, PLMR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of PLMR indicates a slightly more expensive valuation: PLMR is more expensive than 63.70% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PLMR to the average of the S&P500 Index (27.38), we can say PLMR is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.76, the valuation of PLMR can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as PLMR.
PLMR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.16
Fwd PE 13.76
PLMR Price Earnings VS Forward Price EarningsPLMR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

PLMR's Enterprise Value to EBITDA ratio is in line with the industry average.
PLMR's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 9.91
EV/EBITDA 15.77
PLMR Per share dataPLMR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
PLMR's earnings are expected to grow with 22.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)0.77
EPS Next 2Y28.59%
EPS Next 3Y22.98%

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0

5. Dividend

5.1 Amount

No dividends for PLMR!.
Industry RankSector Rank
Dividend Yield N/A

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PALOMAR HOLDINGS INC

NASDAQ:PLMR (9/19/2025, 4:22:30 PM)

After market: 115.841 0 (0%)

115.84

-1.93 (-1.64%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)08-04 2025-08-04/amc
Earnings (Next)11-03 2025-11-03/amc
Inst Owners94.3%
Inst Owner Change1.73%
Ins Owners2.45%
Ins Owner Change2.78%
Market Cap3.10B
Analysts80
Price Target170.14 (46.87%)
Short Float %1.57%
Short Ratio1.13
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)9.44%
Min EPS beat(2)3.51%
Max EPS beat(2)15.38%
EPS beat(4)4
Avg EPS beat(4)14.11%
Min EPS beat(4)3.51%
Max EPS beat(4)21.01%
EPS beat(8)8
Avg EPS beat(8)15.22%
EPS beat(12)11
Avg EPS beat(12)7.7%
EPS beat(16)14
Avg EPS beat(16)4.65%
Revenue beat(2)1
Avg Revenue beat(2)1.71%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)5.98%
Revenue beat(4)1
Avg Revenue beat(4)-1.5%
Min Revenue beat(4)-7.57%
Max Revenue beat(4)5.98%
Revenue beat(8)3
Avg Revenue beat(8)1.19%
Revenue beat(12)4
Avg Revenue beat(12)-10.18%
Revenue beat(16)4
Avg Revenue beat(16)-20.97%
PT rev (1m)-10.03%
PT rev (3m)-10.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.39%
EPS NY rev (1m)2.08%
EPS NY rev (3m)4.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.87%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.36%
Valuation
Industry RankSector Rank
PE 18.16
Fwd PE 13.76
P/S 4.6
P/FCF 9.91
P/OCF 8.14
P/B 3.66
P/tB 3.96
EV/EBITDA 15.77
EPS(TTM)6.38
EY5.51%
EPS(NY)8.42
Fwd EY7.27%
FCF(TTM)11.69
FCFY10.09%
OCF(TTM)14.23
OCFY12.28%
SpS25.17
BVpS31.64
TBVpS29.29
PEG (NY)0.42
PEG (5Y)0.77
Profitability
Industry RankSector Rank
ROA 5.47%
ROE 18.29%
ROCE 7.08%
ROIC 5.46%
ROICexc 5.63%
ROICexgc 8.95%
OM 28.15%
PM (TTM) 22.98%
GM N/A
FCFM 46.46%
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%
ROICexcg growth 3Y4.17%
ROICexcg 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 Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 1328.77%
Cap/Sales 10.07%
Interest Coverage 732.46
Cash Conversion 195.56%
Profit Quality 202.13%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACC8.7%
ROIC/WACC0.63
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)46%
EPS 3Y35.41%
EPS 5Y23.66%
EPS Q2Q%40.8%
EPS Next Y42.91%
EPS Next 2Y28.59%
EPS Next 3Y22.98%
EPS Next 5YN/A
Revenue 1Y (TTM)51.14%
Revenue growth 3Y30.75%
Revenue growth 5Y37.35%
Sales Q2Q%28.84%
Revenue Next Year25.51%
Revenue Next 2Y22.06%
Revenue Next 3Y15.99%
Revenue Next 5YN/A
EBIT growth 1Y53.2%
EBIT growth 3Y36.71%
EBIT growth 5Y50.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y220.82%
FCF growth 3Y45.45%
FCF growth 5Y43.72%
OCF growth 1Y246.33%
OCF growth 3Y43.81%
OCF growth 5Y42.47%