CorVel Statistics
Total Valuation
CorVel has a market cap or net worth of $4.10 billion. The enterprise value is $3.91 billion.
| Market Cap | 4.10B |
| Enterprise Value | 3.91B |
Important Dates
The next estimated earnings date is Thursday, May 23, 2024, before market open.
| Earnings Date | May 23, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
CorVel has 17.09 million shares outstanding. The number of shares has decreased by -0.92% in one year.
| Shares Outstanding | 17.09M |
| Shares Change (YoY) | -0.92% |
| Shares Change (QoQ) | -0.12% |
| Owned by Insiders (%) | 46.89% |
| Owned by Institutions (%) | 53.81% |
| Float | 9.08M |
Valuation Ratios
The trailing PE ratio is 55.16.
| PE Ratio | 55.16 |
| Forward PE | n/a |
| PS Ratio | 5.27 |
| Forward PS | n/a |
| PB Ratio | 17.46 |
| P/FCF Ratio | 57.90 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 32.36, with an EV/FCF ratio of 55.56.
| EV / Earnings | 52.20 |
| EV / Sales | 5.06 |
| EV / EBITDA | 32.36 |
| EV / EBIT | 41.15 |
| EV / FCF | 55.56 |
Financial Position
The company has a current ratio of 1.56, with a Debt / Equity ratio of 0.10.
| Current Ratio | 1.56 |
| Quick Ratio | 1.49 |
| Debt / Equity | 0.10 |
| Debt / EBITDA | 0.19 |
| Debt / FCF | 0.33 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 34.70% and return on invested capital (ROIC) is 29.21%.
| Return on Equity (ROE) | 34.70% |
| Return on Assets (ROA) | 17.70% |
| Return on Capital (ROIC) | 29.21% |
| Revenue Per Employee | $174,060 |
| Profits Per Employee | $16,869 |
| Employee Count | 4,444 |
| Asset Turnover | 1.83 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CorVel has paid $20.13 million in taxes.
| Income Tax | 20.13M |
| Effective Tax Rate | 21.17% |
Stock Price Statistics
The stock price has increased by +18.13% in the last 52 weeks. The beta is 1.07, so CorVel's price volatility has been similar to the market average.
| Beta (1Y) | 1.07 |
| 52-Week Price Change | +18.13% |
| 50-Day Moving Average | 244.23 |
| 200-Day Moving Average | 222.48 |
| Relative Strength Index (RSI) | 48.57 |
| Average Volume (30 Days) | 35,324 |
Short Selling Information
The latest short interest is 359,769, so 2.10% of the outstanding shares have been sold short.
| Short Interest | 359,769 |
| Short Previous Month | 362,232 |
| Short % of Shares Out | 2.10% |
| Short % of Float | 3.96% |
| Short Ratio (days to cover) | 10.01 |
Income Statement
In the last 12 months, CorVel had revenue of $773.52 million and earned $74.97 million in profits. Earnings per share was $4.32.
| Revenue | 773.52M |
| Gross Profit | 170.24M |
| Operating Income | 95.10M |
| Pretax Income | 95.10M |
| Net Income | 74.97M |
| EBITDA | 120.92M |
| EBIT | 95.10M |
| Earnings Per Share (EPS) | $4.32 |
Balance Sheet
The company has $187.83 million in cash and $23.08 million in debt, giving a net cash position of $164.75 million or $9.64 per share.
| Cash & Cash Equivalents | 187.83M |
| Total Debt | 23.08M |
| Net Cash | 164.75M |
| Net Cash Per Share | $9.64 |
| Equity / Book Value | 233.53M |
| Book Value Per Share | 13.66 |
| Working Capital | 106.01M |
Cash Flow
In the last 12 months, operating cash flow was $96.78 million and capital expenditures -$26.35 million, giving a free cash flow of $70.43 million.
| Operating Cash Flow | 96.78M |
| Capital Expenditures | -26.35M |
| Free Cash Flow | 70.43M |
| FCF Per Share | $4.12 |
Margins
Gross margin is 22.01%, with operating and profit margins of 12.29% and 9.69%.
| Gross Margin | 22.01% |
| Operating Margin | 12.29% |
| Pretax Margin | 12.29% |
| Profit Margin | 9.69% |
| EBITDA Margin | 15.63% |
| EBIT Margin | 12.29% |
| FCF Margin | 9.10% |
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 | 0.92% |
| Shareholder Yield | 0.92% |
| Earnings Yield | 1.84% |
| FCF Yield | 1.73% |
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 16.78 and a Piotroski F-Score of 8.
| Altman Z-Score | 16.78 |
| Piotroski F-Score | 8 |