Erie Indemnity Company (ERIE)
Total Valuation
ERIE has a market cap or net worth of $21.00 billion. The enterprise value is $20.77 billion.
Market Cap | 21.00B |
Enterprise Value | 20.77B |
Important Dates
The next estimated earnings date is Thursday, April 25, 2024, after market close.
Earnings Date | Apr 25, 2024 |
Ex-Dividend Date | Apr 8, 2024 |
Share Statistics
ERIE has 46.19 million shares outstanding. The number of shares has increased by 0.00% in one year.
Shares Outstanding | 46.19M |
Shares Change (YoY) | +0.00% |
Shares Change (QoQ) | +0.00% |
Owned by Insiders (%) | 45.52% |
Owned by Institutions (%) | 36.76% |
Float | 25.14M |
Valuation Ratios
The trailing PE ratio is 47.08 and the forward PE ratio is 39.17. ERIE's PEG ratio is 3.05.
PE Ratio | 47.08 |
Forward PE | 39.17 |
PS Ratio | 6.42 |
Forward PS | 5.65 |
PB Ratio | 12.63 |
P/FCF Ratio | 72.77 |
PEG Ratio | 3.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 36.97, with an EV/FCF ratio of 71.99.
EV / Earnings | 46.57 |
EV / Sales | 6.35 |
EV / EBITDA | 36.97 |
EV / EBIT | 36.97 |
EV / FCF | 71.99 |
Financial Position
The company has a current ratio of 1.31, with zero debt.
Current Ratio | 1.31 |
Quick Ratio | 1.20 |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 28.30% and return on invested capital (ROIC) is 24.84%.
Return on Equity (ROE) | 28.30% |
Return on Assets (ROA) | 18.90% |
Return on Capital (ROIC) | 24.84% |
Revenue Per Employee | $498,618 |
Profits Per Employee | $68,039 |
Employee Count | 6,556 |
Asset Turnover | 1.39 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, ERIE has paid $115.88 million in taxes.
Income Tax | 115.88M |
Effective Tax Rate | 20.62% |
Stock Price Statistics
The stock price has increased by +75.83% in the last 52 weeks. The beta is 0.42, so ERIE's price volatility has been lower than the market average.
Beta (1Y) | 0.42 |
52-Week Price Change | +75.83% |
50-Day Moving Average | 375.45 |
200-Day Moving Average | 302.08 |
Relative Strength Index (RSI) | 54.11 |
Average Volume (30 Days) | 120,837 |
Short Selling Information
The latest short interest is 813,721, so 1.76% of the outstanding shares have been sold short.
Short Interest | 813,721 |
Short Previous Month | 802,939 |
Short % of Shares Out | 1.76% |
Short % of Float | 3.24% |
Short Ratio (days to cover) | 6.81 |
Income Statement
In the last 12 months, ERIE had revenue of $3.27 billion and earned $446.06 million in profits. Earnings per share was $8.53.
Revenue | 3.27B |
Gross Profit | 520.26M |
Operating Income | 520.26M |
Pretax Income | 561.94M |
Net Income | 446.06M |
EBITDA | 561.94M |
EBIT | 561.94M |
Earnings Per Share (EPS) | $8.53 |
Balance Sheet
The company has $226.07 million in cash and no debt, giving a net cash position of $226.07 million or $4.89 per share.
Cash & Cash Equivalents | 226.07M |
Total Debt | n/a |
Net Cash | 226.07M |
Net Cash Per Share | $4.89 |
Equity / Book Value | 1.66B |
Book Value Per Share | 36.00 |
Working Capital | 221.21M |
Cash Flow
In the last 12 months, operating cash flow was $381.21 million and capital expenditures -$92.65 million, giving a free cash flow of $288.56 million.
Operating Cash Flow | 381.21M |
Capital Expenditures | -92.65M |
Free Cash Flow | 288.56M |
FCF Per Share | $6.25 |
Margins
Gross margin is 15.92%, with operating and profit margins of 15.92% and 13.65%.
Gross Margin | 15.92% |
Operating Margin | 15.92% |
Pretax Margin | 17.19% |
Profit Margin | 13.65% |
EBITDA Margin | 17.19% |
EBIT Margin | 17.19% |
FCF Margin | 8.83% |
Dividends & Yields
This stock pays an annual dividend of $5.10, which amounts to a dividend yield of 1.27%.
Dividend Per Share | $5.10 |
Dividend Yield | 1.27% |
Dividend Growth (YoY) | 7.17% |
Years of Dividend Growth | 34 |
Payout Ratio | 59.79% |
Buyback Yield | -0.00% |
Shareholder Yield | 1.27% |
Earnings Yield | 2.12% |
FCF Yield | 1.37% |
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 May 13, 1996. It was a forward split with a ratio of 3:1.
Last Split Date | May 13, 1996 |
Split Type | Forward |
Split Ratio | 3:1 |
Scores
ERIE has an Altman Z-Score of 19.34 and a Piotroski F-Score of 6.
Altman Z-Score | 19.34 |
Piotroski F-Score | 6 |