Financials Hagerty, Inc.

Equities

HGTY

US4051661092

Property & Casualty Insurance

End-of-day quote Nyse 06:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
8.92 USD -1.55% Intraday chart for Hagerty, Inc. +0.79% +14.36%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,167 699.7 659.8 750.1 - -
Enterprise Value (EV) 1 1,167 699.7 659.8 750.1 750.1 750.1
P/E ratio -25.3 x 21.6 x 86.7 x 9.47 x 7.21 x -
Yield - - - - - -
Capitalization / Revenue - 0.89 x 0.66 x 0.65 x 0.58 x -
EV / Revenue - 0.89 x 0.66 x 0.65 x 0.58 x -
EV / EBITDA - -361 x 7.48 x 5.84 x 4.71 x -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 11.8 x - 6.84 x 6.32 x 8.95 x
Nbr of stocks (in thousands) 82,327 83,203 84,589 85,627 - -
Reference price 2 14.18 8.410 7.800 8.760 8.760 8.760
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 787.6 1,000 1,162 1,300 -
EBITDA 1 - -1.94 88.16 128.5 159.3 -
EBIT 1 - -67.57 10.41 67.7 99.83 -
Operating Margin - -8.58% 1.04% 5.83% 7.68% -
Earnings before Tax (EBT) 1 - 11.1 44.77 84.04 109.9 -
Net income 1 -46.36 32.08 16.55 65.14 85.7 0.185
Net margin - 4.07% 1.66% 5.61% 6.59% -
EPS 2 -0.5600 0.3900 0.0900 0.9250 1.215 -
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 216.8 197 218.4 261.2 275.6 245 263.8 306 314.3 277.5 296.4
EBITDA 1 -10.01 -2.036 6.705 34.37 37.38 9.713 19.36 44.55 49.1 15.45 28.99
EBIT 1 -21.22 -35.73 -16.49 17.25 16.12 -6.473 6.672 28.68 36.82 -4.475 12.53
Operating Margin -9.79% -18.13% -7.55% 6.6% 5.85% -2.64% 2.53% 9.37% 11.71% -1.61% 4.23%
Earnings before Tax (EBT) 1 25.76 -29.29 -11.36 19.27 23.23 13.63 9.318 33.92 37.6 3.205 17.98
Net income 1 14.71 -4.607 -2.099 2.405 3.516 12.73 7.198 26.29 29.16 0.9997 14.02
Net margin 6.79% -2.34% -0.96% 0.92% 1.28% 5.2% 2.73% 8.59% 9.28% 0.36% 4.73%
EPS 2 0.0700 -0.0600 -0.0300 0.0300 0.0400 0.0300 0.0900 0.3900 0.4200 0.0300 0.1700
Dividend per Share - - - - - - - - - - -
Announcement Date 11/10/22 3/14/23 5/9/23 8/8/23 11/8/23 3/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - - - 13.2% 15% -
ROA (Net income/ Total Assets) - - - 89.5% 128% 173%
Assets 1 - - - 72.81 66.99 0.1069
Book Value Per Share 2 - 0.7100 - 1.280 1.390 0.9800
Cash Flow per Share - - - - - -
Capex - 44.4 - - - -
Capex / Sales - 5.63% - - - -
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
8.76 USD
Average target price
11.33 USD
Spread / Average Target
+29.38%
Consensus
  1. Stock Market
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  4. Financials Hagerty, Inc.