134.76 USD
-0.16 (-0.12%)
134.76 USD
0 (0%)
Overall PLMR gets a fundamental rating of 6 out of 10. We evaluated PLMR against 148 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 priced too expensively while it is growing strongly. Keep and eye on this one!
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.
In the past 5 years PLMR has always been profitable.
In the past 5 years PLMR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of PLMR (5.97%) is better than 87.84% of its industry peers.
PLMR has a Return On Equity of 20.03%. This is amongst the best in the industry. PLMR outperforms 87.84% of its industry peers.
The Return On Invested Capital of PLMR (5.92%) is better than 84.46% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLMR is significantly below the industry average of 14.88%.
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
PLMR has a Profit Margin of 22.94%. This is amongst the best in the industry. PLMR outperforms 93.24% of its industry peers.
In the last couple of years the Profit Margin of PLMR has grown nicely.
With an excellent Operating Margin value of 28.38%, PLMR belongs to the best of the industry, outperforming 89.86% of the companies in the same industry.
PLMR's Operating Margin has improved in the last couple of years.
| 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
PLMR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PLMR has been increased compared to 1 year ago.
The number of shares outstanding for PLMR has been increased compared to 5 years ago.
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.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.68
WACC8.74%
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.
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.
Looking at the last year, PLMR shows a very strong growth in Revenue. The Revenue has grown by 52.27%.
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
Based on estimates for the next years, PLMR will show a very strong growth in Earnings Per Share. The EPS will grow by 26.00% on average per year.
PLMR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.31% yearly.
EPS Next Y54.6%
EPS Next 2Y31.6%
EPS Next 3Y26%
EPS Next 5YN/A
Revenue Next Year30.66%
Revenue Next 2Y26.06%
Revenue Next 3Y22.31%
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.
4. Valuation
4.1 Price/Earnings Ratio
PLMR is valuated rather expensively with a Price/Earnings ratio of 18.82.
PLMR's Price/Earnings ratio is a bit more expensive when compared to the industry. PLMR is more expensive than 63.51% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, PLMR is valued a bit cheaper.
With a Price/Forward Earnings ratio of 15.29, PLMR is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLMR indicates a slightly more expensive valuation: PLMR is more expensive than 62.16% of the companies listed in the same industry.
PLMR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.82 | ||
| Fwd PE | 15.29 |
4.2 Price Multiples
62.84% of the companies in the same industry are cheaper than PLMR, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as PLMR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.05 | ||
| EV/EBITDA | 15.55 |
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.
The excellent profitability rating of PLMR may justify a higher PE ratio.
A more expensive valuation may be justified as PLMR's earnings are expected to grow with 26.00% in the coming years.
PEG (NY)0.34
PEG (5Y)0.8
EPS Next 2Y31.6%
EPS Next 3Y26%
5. Dividend
5.1 Amount
No dividends for PLMR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
134.76
-0.16 (-0.12%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners95.09%
Inst Owner Change-2.19%
Ins Owners2.48%
Ins Owner Change3.14%
Market Cap3.57B
Revenue(TTM)766.67M
Net Income(TTM)175.87M
Analysts83.08
Price Target163.81 (21.56%)
Short Float %1.9%
Short Ratio1.99
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)0.38%
PT rev (3m)-3.72%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.34%
EPS NY rev (1m)6.9%
EPS NY rev (3m)7.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.16%
Revenue NY rev (1m)4.26%
Revenue NY rev (3m)4.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.82 | ||
| Fwd PE | 15.29 | ||
| P/S | 4.66 | ||
| P/FCF | 12.05 | ||
| P/OCF | 9.8 | ||
| P/B | 4.07 | ||
| P/tB | 4.38 | ||
| EV/EBITDA | 15.55 |
EPS(TTM)7.16
EY5.31%
EPS(NY)8.81
Fwd EY6.54%
FCF(TTM)11.18
FCFY8.3%
OCF(TTM)13.75
OCFY10.2%
SpS28.93
BVpS33.14
TBVpS30.78
PEG (NY)0.34
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
WACC8.74%
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%
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 of PALOMAR HOLDINGS INC (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.
Can you provide the PE and PB ratios for PLMR stock?
The Price/Earnings (PE) ratio for PALOMAR HOLDINGS INC (PLMR) is 18.82 and the Price/Book (PB) ratio is 4.07.
Can you provide the expected EPS growth for PLMR stock?
The Earnings per Share (EPS) of PALOMAR HOLDINGS INC (PLMR) is expected to grow by 54.6% in the next year.