CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $5.15 billion. The enterprise value is $5.07 billion.
Important Dates
The next estimated earnings date is Friday, November 15, 2024, before market open.
| Earnings Date | Nov 15, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 17.13 million shares outstanding. The number of shares has decreased by -0.91% in one year.
| Shares Outstanding | 17.13M |
| Shares Change (YoY) | -0.91% |
| Shares Change (QoQ) | -0.11% |
| Owned by Insiders (%) | 9.25% |
| Owned by Institutions (%) | 52.82% |
| Float | 9.26M |
Valuation Ratios
The trailing PE ratio is 67.00.
| PE Ratio | 67.00 |
| Forward PE | n/a |
| PS Ratio | 6.33 |
| Forward PS | n/a |
| PB Ratio | 19.61 |
| P/FCF Ratio | 72.71 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 40.82, with an EV/FCF ratio of 71.29.
| EV / Earnings | 65.04 |
| EV / Sales | 6.21 |
| EV / EBITDA | 40.82 |
| EV / EBIT | 51.94 |
| EV / FCF | 71.29 |
Financial Position
The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.12.
| Current Ratio | 1.66 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.23 |
| Debt / FCF | 0.43 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 33.14% and return on invested capital (ROIC) is 22.89%.
| Return on Equity (ROE) | 33.14% |
| Return on Assets (ROA) | 13.51% |
| Return on Capital (ROIC) | 22.89% |
| Revenue Per Employee | $167,717 |
| Profits Per Employee | $16,021 |
| Employee Count | 4,870 |
| Asset Turnover | 1.81 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $19.68 million in taxes.
| Income Tax | 19.68M |
| Effective Tax Rate | 20.15% |
Stock Price Statistics
The stock price has increased by +50.58% in the last 52 weeks. The beta is 1.10, so CorVel's price volatility has been similar to the market average.
| Beta (5Y) | 1.10 |
| 52-Week Price Change | +50.58% |
| 50-Day Moving Average | 312.08 |
| 200-Day Moving Average | 271.13 |
| Relative Strength Index (RSI) | 41.90 |
| Average Volume (20 Days) | 27,762 |
Short Selling Information
The latest short interest is 375,245, so 2.19% of the outstanding shares have been sold short.
| Short Interest | 375,245 |
| Short Previous Month | 356,921 |
| Short % of Shares Out | 2.19% |
| Short % of Float | 4.05% |
| Short Ratio (days to cover) | 9.23 |
Income Statement
In the last 12 months, CorVel had revenue of $816.78 million and earned $78.02 million in profits. Earnings per share was $4.51.
| Revenue | 816.78M |
| Gross Profit | 177.97M |
| Operating Income | 97.71M |
| Pretax Income | 97.71M |
| Net Income | 78.02M |
| EBITDA | 124.32M |
| EBIT | 97.71M |
| Earnings Per Share (EPS) | $4.51 |
Full Income StatementBalance Sheet
The company has $131.91 million in cash and $30.45 million in debt, giving a net cash position of $101.46 million or $5.92 per share.
| Cash & Cash Equivalents | 131.91M |
| Total Debt | 30.45M |
| Net Cash | 101.46M |
| Net Cash Per Share | $5.92 |
| Equity (Book Value) | 263.87M |
| Book Value Per Share | 15.41 |
| Working Capital | 132.67M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $103.05 million and capital expenditures -$31.86 million, giving a free cash flow of $71.19 million.
| Operating Cash Flow | 103.05M |
| Capital Expenditures | -31.86M |
| Free Cash Flow | 71.19M |
| FCF Per Share | $4.16 |
Full Cash Flow StatementMargins
Gross margin is 21.79%, with operating and profit margins of 11.96% and 9.55%.
| Gross Margin | 21.79% |
| Operating Margin | 11.96% |
| Pretax Margin | 11.96% |
| Profit Margin | 9.55% |
| EBITDA Margin | 15.22% |
| EBIT Margin | 11.96% |
| FCF Margin | 8.72% |