Erie Indemnity Company (ERIE)
Total Valuation
ERIE has a market cap or net worth of $11.38 billion. The enterprise value is $11.15 billion.
| Market Cap | 11.38B |
| Enterprise Value | 11.15B |
Important Dates
The next estimated earnings date is Thursday, July 27, 2023, after market close.
| Earnings Date | Jul 27, 2023 |
| Ex-Dividend Date | Jul 5, 2023 |
Share Statistics
ERIE has 52.29 million shares outstanding. The number of shares has decreased by -0.01% in one year.
| Shares Outstanding | 52.29M |
| Shares Change (YoY) | -0.01% |
| Shares Change (QoQ) | -0.00% |
| Owned by Insiders (%) | 45.51% |
| Owned by Institutions (%) | 36.96% |
| Float | 25.11M |
Valuation Ratios
The trailing PE ratio is 35.87.
| PE Ratio | 35.87 |
| Forward PE | n/a |
| PS Ratio | 3.88 |
| Forward PS | 3.47 |
| PB Ratio | 7.62 |
| P/FCF Ratio | 35.42 |
| PEG Ratio | 3.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.90, with an EV/FCF ratio of 34.86.
| EV / Earnings | 35.28 |
| EV / Sales | 3.82 |
| EV / EBITDA | 27.90 |
| EV / EBIT | 27.90 |
| EV / FCF | 34.86 |
Financial Position
The company has a current ratio of 1.28
| Current Ratio | 1.28 |
| Quick Ratio | 1.17 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
Financial Efficiency
Return on equity (ROE) is 22.50% and return on invested capital (ROIC) is 27.30%.
| Return on Equity (ROE) | 22.50% |
| Return on Assets (ROA) | 14.30% |
| Return on Capital (ROIC) | 27.30% |
| Revenue Per Employee | $489,192 |
| Profits Per Employee | $52,963 |
| Employee Count | 5,970 |
| Asset Turnover | 1.32 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ERIE has paid $82.61 million in taxes.
| Income Tax | 82.61M |
| Effective Tax Rate | 20.72% |
Stock Price Statistics
The stock price has increased by +25.58% in the last 52 weeks. The beta is 0.44, so ERIE's price volatility has been lower than the market average.
| Beta (1Y) | 0.44 |
| 52-Week Price Change | +25.58% |
| 50-Day Moving Average | 227.39 |
| 200-Day Moving Average | 239.20 |
| Average Volume (30 Days) | 92,353 |
Short Selling Information
The latest short interest is 672,492, so 1.29% of the outstanding shares have been sold short.
| Short Interest | 672,492 |
| Short Previous Month | 696,504 |
| Short % of Shares Out | 1.29% |
| Short % of Float | 2.68% |
| Short Ratio (days to cover) | 7.78 |
Income Statement
In the last 12 months, ERIE had revenue of $2.92 billion and earned $316.19 million in profits. Earnings per share was $6.04.
| Revenue | 2.92B |
| Gross Profit | 402.45M |
| Operating Income | 402.45M |
| Pretax Income | 398.81M |
| Net Income | 316.19M |
| EBITDA | 399.82M |
| EBIT | 399.82M |
| Earnings Per Share (EPS) | $6.04 |
Balance Sheet
| Cash & Cash Equivalents | 179.85M |
| Total Debt | n/a |
| Net Cash | 179.85M |
| Net Cash Per Share | $3.44 |
| Equity / Book Value | 1.49B |
| Book Value Per Share | 28.44 |
| Working Capital | 172.51M |
Cash Flow
In the last 12 months, operating cash flow was $390.63 million and capital expenditures -$70.65 million, giving a free cash flow of $319.98 million.
| Operating Cash Flow | 390.63M |
| Capital Expenditures | -70.65M |
| Free Cash Flow | 319.98M |
| FCF Per Share | $6.93 |
Margins
Gross margin is 13.78%, with operating and profit margins of 13.78% and 10.83%.
| Gross Margin | 13.78% |
| Operating Margin | 13.78% |
| Pretax Margin | 13.66% |
| Profit Margin | 10.83% |
| EBITDA Margin | 13.69% |
| EBIT Margin | 13.69% |
| FCF Margin | 10.96% |
Dividends & Yields
This stock pays an annual dividend of $4.76, which amounts to a dividend yield of 2.19%.
| Dividend Per Share | $4.76 |
| Dividend Yield | 2.19% |
| Earnings Yield | 2.79% |
| FCF Yield | 2.82% |
| Dividend Growth (YoY) | 7.22% |
| Payout Ratio | 78.81% |
| Buyback Yield | 0.01% |
| Shareholder Yield | 2.20% |
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 |