Heritage Insurance Hldgs Stock Current Valuation
| HRTG Stock | USD 12.12 0.24 1.94% |
Valuation analysis of Heritage Insurance Hldgs helps investors to measure Heritage Insurance's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The Heritage Insurance's current Enterprise Value Over EBITDA is estimated to increase to -1.91. The Heritage Insurance's current Enterprise Value Multiple is estimated to increase to -1.91. Fundamental drivers impacting Heritage Insurance's valuation include:
Price Book 1.3577 | Enterprise Value 13.8 M | Price Sales 0.4778 | Trailing PE 4.8854 | Enterprise Value Revenue 0.0173 |
Overvalued
Today
Please note that Heritage Insurance's price fluctuation is slightly risky at this time. Calculation of the real value of Heritage Insurance Hldgs is based on 3 months time horizon. Increasing Heritage Insurance's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Heritage stock is determined by what a typical buyer is willing to pay for full or partial control of Heritage Insurance Hldgs. Since Heritage Insurance is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Heritage Stock. However, Heritage Insurance's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.12 | Real 9.45 | Target 6.23 | Hype 12.37 | Naive 12.73 |
The real value of Heritage Stock, also known as its intrinsic value, is the underlying worth of Heritage Insurance Hldgs Company, which is reflected in its stock price. It is based on Heritage Insurance's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Heritage Insurance's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Heritage Insurance Hldgs helps investors to forecast how Heritage stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Heritage Insurance more accurately as focusing exclusively on Heritage Insurance's fundamentals will not take into account other important factors: Heritage Insurance Hldgs Company Current Valuation Analysis
Heritage Insurance's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Heritage Insurance Current Valuation | 13.75 M |
Most of Heritage Insurance's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heritage Insurance Hldgs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Heritage Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Heritage Insurance is extremely important. It helps to project a fair market value of Heritage Stock properly, considering its historical fundamentals such as Current Valuation. Since Heritage Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heritage Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heritage Insurance's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Heritage Insurance Hldgs has a Current Valuation of 13.75 M. This is 99.96% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 99.92% higher than that of the company.
Heritage Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heritage Insurance's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heritage Insurance could also be used in its relative valuation, which is a method of valuing Heritage Insurance by comparing valuation metrics of similar companies.Heritage Insurance is currently under evaluation in current valuation category among its peers.
Heritage Insurance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Heritage Insurance from analyzing Heritage Insurance's financial statements. These drivers represent accounts that assess Heritage Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Heritage Insurance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 387.1M | 283.4M | 163.5M | 47.4M | 170.8M | 162.2M | |
| Enterprise Value | 248.0M | (36.5M) | (43.9M) | (63.3M) | (144.7M) | (137.4M) |
Heritage Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Heritage Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Heritage Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Heritage Fundamentals
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.0259 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 13.75 M | ||||
| Shares Outstanding | 30.68 M | ||||
| Shares Owned By Insiders | 26.83 % | ||||
| Shares Owned By Institutions | 54.58 % | ||||
| Number Of Shares Shorted | 856.78 K | ||||
| Price To Earning | 5.09 X | ||||
| Price To Book | 1.36 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 735.5 M | ||||
| Gross Profit | 4.99 M | ||||
| EBITDA | 71.9 M | ||||
| Net Income | 45.31 M | ||||
| Cash And Equivalents | 290.93 M | ||||
| Cash Per Share | 11.26 X | ||||
| Total Debt | 148.19 M | ||||
| Debt To Equity | 0.84 % | ||||
| Current Ratio | 0.68 X | ||||
| Book Value Per Share | 9.59 X | ||||
| Cash Flow From Operations | 70.42 M | ||||
| Short Ratio | 1.95 X | ||||
| Earnings Per Share | 2.53 X | ||||
| Target Price | 16.0 | ||||
| Number Of Employees | 566 | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 379.26 M | ||||
| Total Asset | 2.15 B | ||||
| Retained Earnings | 26.12 M | ||||
| Five Year Return | 2.79 % | ||||
| Net Asset | 2.15 B |
About Heritage Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heritage Insurance Hldgs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Insurance Hldgs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:Check out Heritage Insurance Piotroski F Score and Heritage Insurance Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.033 | Earnings Share 2.53 | Revenue Per Share 26.755 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0259 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.