CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $4.88 billion. The enterprise value is $4.71 billion.
| Market Cap | 4.88B |
| Enterprise Value | 4.71B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 17.16 million shares outstanding. The number of shares has decreased by -1.39% in one year.
| Shares Outstanding | 17.16M |
| Shares Change (YoY) | -1.39% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 46.76% |
| Owned by Institutions (%) | 53.75% |
| Float | 9.20M |
Valuation Ratios
The trailing PE ratio is 64.62.
| PE Ratio | 64.62 |
| Forward PE | n/a |
| PS Ratio | 6.14 |
| Forward PS | n/a |
| PB Ratio | 19.71 |
| P/FCF Ratio | 69.72 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 38.80, with an EV/FCF ratio of 67.27.
| EV / Earnings | 61.75 |
| EV / Sales | 5.92 |
| EV / EBITDA | 38.80 |
| EV / EBIT | 49.51 |
| EV / FCF | 67.27 |
Financial Position
The company has a current ratio of 1.64, with a Debt / Equity ratio of 0.09.
| Current Ratio | 1.64 |
| Quick Ratio | 1.58 |
| Debt / Equity | 0.09 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.32 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 33.50% and return on invested capital (ROIC) is 28.22%.
| Return on Equity (ROE) | 33.50% |
| Return on Assets (ROA) | 17.40% |
| Return on Capital (ROIC) | 28.22% |
| Revenue Per Employee | $163,308 |
| Profits Per Employee | $15,657 |
| Employee Count | 4,870 |
| Asset Turnover | 1.82 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $18.85 million in taxes.
| Income Tax | 18.85M |
| Effective Tax Rate | 19.82% |
Stock Price Statistics
The stock price has increased by +38.70% in the last 52 weeks. The beta is 1.08, so CorVel's price volatility has been similar to the market average.
| Beta (5Y) | 1.08 |
| 52-Week Price Change | +38.70% |
| 50-Day Moving Average | 256.59 |
| 200-Day Moving Average | 236.22 |
| Relative Strength Index (RSI) | 70.04 |
| Average Volume (20 Days) | 47,729 |
Short Selling Information
The latest short interest is 332,774, so 1.94% of the outstanding shares have been sold short.
| Short Interest | 332,774 |
| Short Previous Month | 326,390 |
| Short % of Shares Out | 1.94% |
| Short % of Float | 3.62% |
| Short Ratio (days to cover) | 7.36 |
Income Statement
In the last 12 months, CorVel had revenue of $795.31 million and earned $76.25 million in profits. Earnings per share was $4.40.
| Revenue | 795.31M |
| Gross Profit | 171.69M |
| Operating Income | 95.10M |
| Pretax Income | 95.10M |
| Net Income | 76.25M |
| EBITDA | 121.35M |
| EBIT | 95.10M |
| Earnings Per Share (EPS) | $4.40 |
Balance Sheet
The company has $193.71 million in cash and $22.53 million in debt, giving a net cash position of $171.17 million or $9.97 per share.
| Cash & Cash Equivalents | 193.71M |
| Total Debt | 22.53M |
| Net Cash | 171.17M |
| Net Cash Per Share | $9.97 |
| Equity (Book Value) | 247.65M |
| Book Value Per Share | 14.43 |
| Working Capital | 117.73M |
Cash Flow
In the last 12 months, operating cash flow was $99.24 million and capital expenditures -$29.24 million, giving a free cash flow of $70.00 million.
| Operating Cash Flow | 99.24M |
| Capital Expenditures | -29.24M |
| Free Cash Flow | 70.00M |
| FCF Per Share | $4.09 |
Margins
Gross margin is 21.59%, with operating and profit margins of 11.96% and 9.59%.
| Gross Margin | 21.59% |
| Operating Margin | 11.96% |
| Pretax Margin | 11.96% |
| Profit Margin | 9.59% |
| EBITDA Margin | 15.26% |
| EBIT Margin | 11.96% |
| FCF Margin | 8.80% |
Dividends & Yields
CorVel does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.39% |
| Shareholder Yield | 1.39% |
| Earnings Yield | 1.56% |
| FCF Yield | 1.43% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 27, 2013. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 27, 2013 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CorVel has an Altman Z-Score of 19.38 and a Piotroski F-Score of 8.
| Altman Z-Score | 19.38 |
| Piotroski F-Score | 8 |