XNASPLMR
Market cap2.69bUSD
Jan 10, Last price
101.51USD
1D
-4.12%
1Q
5.55%
IPO
448.70%
Name
Palomar Holdings Inc
Chart & Performance
P/E
33.92
P/S
7.15
EPS
2.99
Div Yield, %
0.00%
Shrs. gr., 5y
2.28%
Rev. gr., 5y
38.80%
Revenues
376m
+14.93%
Net income
79m
+51.81%
CFO
116m
-31.53%
Earnings
Feb 12, 2025
Profile
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 375,926 14.93% | 327,086 32.00% | ||||||
Cost of revenue | ||||||||
Unusual Expense (Income) | ||||||||
NOPBT | 375,926 | 327,086 | ||||||
NOPBT Margin | 100.00% | 100.00% | ||||||
Operating Taxes | 24,441 | 15,381 | ||||||
Tax Rate | 6.50% | 4.70% | ||||||
NOPAT | 351,485 | 311,705 | ||||||
Net income | 79,201 51.81% | 52,170 13.79% | ||||||
Dividends | ||||||||
Dividend yield | ||||||||
Proceeds from repurchase of equity | (22,266) | (32,143) | ||||||
BB yield | 1.58% | 2.76% | ||||||
| Debt | ||||||||
Debt current | 36,400 | |||||||
Long-term debt | 53,042 | 37,500 | ||||||
Deferred revenue | ||||||||
Other long-term liabilities | 1,184,170 | 875,014 | ||||||
Net debt | (688,080) | (1,062,912) | ||||||
| Cash flow | ||||||||
Cash from operating activities | 116,106 | 169,583 | ||||||
CAPEX | (15) | (5,936) | ||||||
Cash from investing activities | (128,478) | (156,807) | ||||||
Cash from financing activities | (3,940) | 5,017 | ||||||
FCF | 370,173 | 462,716 | ||||||
| Balance | ||||||||
Cash | 51,546 | 583,172 | ||||||
Long term investments | 689,576 | 553,640 | ||||||
Excess cash | 722,326 | 1,120,458 | ||||||
Stockholders' equity | 120,655 | 51,197 | ||||||
Invested Capital | 1,332,246 | 1,273,739 | ||||||
ROIC | 26.98% | 30.38% | ||||||
ROCE | 25.87% | 24.69% | ||||||
| EV | ||||||||
Common stock shares outstanding | 25,327 | 25,796 | ||||||
Price | 55.50 22.90% | 45.16 -30.28% | ||||||
Market cap | 1,405,654 20.66% | 1,164,948 -31.12% | ||||||
EV | 717,574 | 102,036 | ||||||
EBITDA | 380,429 | 331,201 | ||||||
EV/EBITDA | 1.89 | 0.31 | ||||||
Interest | 3,775 | 873 | ||||||
Interest/NOPBT | 1.00% | 0.27% | ||||||