Heritage Historical Financial Ratios
| HRTG Stock | USD 12.12 0.24 1.94% |
Heritage Insurance is recently reporting on over 109 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.74 or Days Sales Outstanding of 30.14 will help investors to properly organize and evaluate Heritage Insurance Hldgs financial condition quickly.
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About Heritage Financial Ratios Analysis
Heritage Insurance HldgsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Heritage Insurance investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Heritage financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Heritage Insurance history.
Heritage Insurance Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Heritage Insurance Hldgs stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Heritage Insurance sales, a figure that is much harder to manipulate than other Heritage Insurance Hldgs multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Heritage Insurance Hldgs dividend as a percentage of Heritage Insurance stock price. Heritage Insurance Hldgs dividend yield is a measure of Heritage Insurance stock productivity, which can be interpreted as interest rate earned on an Heritage Insurance investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Heritage Insurance's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Heritage Insurance Hldgs current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Heritage Insurance's ROIC is most likely to slightly decrease in the upcoming years. The Heritage Insurance's current Net Income Per Share is estimated to increase to 1.82, while Dividend Yield is projected to decrease to 0.000061.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.041 | 0.1 | 6.4E-5 | 6.1E-5 | Price To Sales Ratio | 0.26 | 0.0716 | 0.23 | 0.22 |
Heritage Insurance fundamentals Correlations
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Heritage Insurance Account Relationship Matchups
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Heritage Insurance fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.76 | 0.48 | 0.26 | 0.0716 | 0.23 | 0.22 | |
| Dividend Yield | 0.018 | 0.0242 | 0.041 | 0.1 | 6.4E-5 | 6.1E-5 | |
| Ptb Ratio | 0.86 | 0.64 | 0.48 | 0.36 | 0.78 | 0.74 | |
| Book Value Per Share | 15.36 | 15.81 | 12.34 | 4.97 | 8.41 | 8.37 | |
| Free Cash Flow Yield | 0.3 | 0.6 | 0.36 | (0.98) | 0.35 | 0.2 | |
| Operating Cash Flow Per Share | 4.1 | 6.08 | 2.16 | (1.3) | 2.69 | 3.54 | |
| Stock Based Compensation To Revenue | 0.0105 | 0.007892 | 0.001838 | 0.003031 | 0.001852 | 0.001759 | |
| Capex To Depreciation | 0.48 | 0.0932 | 0.12 | 1.48 | 1.14 | 1.08 | |
| Pb Ratio | 0.86 | 0.64 | 0.48 | 0.36 | 0.78 | 0.74 | |
| Ev To Sales | 0.48 | (0.0616) | (0.0695) | (0.0955) | (0.2) | (0.19) | |
| Free Cash Flow Per Share | 3.93 | 6.06 | 2.13 | (1.77) | 2.31 | 3.36 | |
| Roic | 0.0326 | (0.0879) | (0.19) | (0.54) | 0.16 | 0.17 | |
| Net Income Per Share | 0.98 | 0.33 | (2.69) | (5.86) | 1.73 | 1.82 | |
| Capex To Revenue | 0.009748 | 0.001272 | 0.001594 | 0.0187 | 0.0134 | 0.0213 | |
| Cash Per Share | 29.29 | 35.81 | 37.0 | 34.79 | 21.12 | 19.3 | |
| Pocfratio | 3.23 | 1.67 | 2.72 | (1.38) | 2.43 | 2.3 | |
| Interest Coverage | 3.17 | (1.47) | (11.4) | (17.86) | 5.64 | 5.36 | |
| Payout Ratio | 0.24 | 0.73 | (0.0898) | (0.0309) | 2.43E-4 | 2.55E-4 | |
| Capex To Operating Cash Flow | 0.0417 | 0.004436 | 0.0167 | (0.36) | 0.14 | 0.15 | |
| Pfcf Ratio | 3.38 | 1.67 | 2.77 | (1.02) | 2.82 | 2.68 | |
| Income Quality | 4.18 | 18.25 | (0.8) | 0.22 | 1.55 | 1.48 | |
| Ev To Operating Cash Flow | 2.07 | (0.21) | (0.73) | 1.85 | (2.05) | (1.95) | |
| Pe Ratio | 13.52 | 30.39 | (2.19) | (0.31) | 3.77 | 3.96 | |
| Return On Tangible Assets | 0.0167 | 0.004975 | (0.0408) | (0.0659) | 0.0215 | 0.0223 | |
| Ev To Free Cash Flow | 2.16 | (0.22) | (0.74) | 1.36 | (2.39) | (2.27) | |
| Earnings Yield | 0.074 | 0.0329 | (0.46) | (3.26) | 0.27 | 0.28 | |
| Intangibles To Total Assets | 0.11 | 0.1 | 0.0747 | 0.0207 | 0.0198 | 0.0188 | |
| Net Debt To E B I T D A | (2.32) | (17.5) | 3.48 | 0.7 | (4.39) | (4.61) | |
| Current Ratio | 5.69 | 5.62 | 5.25 | 22.19 | 25.51 | 45.43 | |
| Tangible Book Value Per Share | 7.79 | 8.14 | 7.02 | 3.09 | 6.79 | 5.19 | |
| Graham Number | 18.41 | 10.89 | 27.31 | 25.61 | 18.09 | 13.45 | |
| Shareholders Equity Per Share | 15.36 | 15.81 | 12.34 | 4.97 | 8.41 | 8.37 | |
| Debt To Equity | 0.35 | 0.29 | 0.27 | 1.06 | 0.54 | 0.32 | |
| Capex Per Share | 0.0879 | 0.17 | 0.027 | 0.0362 | 0.47 | 0.4 | |
| Graham Net Net | (28.91) | (34.31) | (30.82) | (88.35) | (50.11) | (52.62) | |
| Revenue Per Share | 17.5 | 21.21 | 22.71 | 25.15 | 28.08 | 29.48 |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.