Valuation Progressive Corporation

Equities

Market Closed - Nyse Other stock markets 01:30:02 13/09/2024 am IST			5-day change	1st Jan Change
249.48 ^USD	-0.04%		-0.02%	+56.63%

11/09	BMO Capital Raises Price Target on Progressive to $268 From $243	MT
10/09	Evercore ISI Adjusts Progressive Price Target to $257 From $246, Maintains Outperform Rating	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	42,321	57,874	60,057	75,889	93,173	1,46,112	-	-
Change	-	36.75%	3.77%	26.36%	22.77%	56.82%	-	-
Enterprise Value (EV)	42,321	57,874	60,057	79,212	99,976	1,46,112	1,46,112	1,46,112
Change	-	36.75%	3.77%	31.9%	26.21%	46.15%	0%	0%
P/E ratio	10.8x	10.2x	18.1x	110x	24.2x	19.7x	19x	18.6x
PBR	3.21x	3.5x	3.38x	4.93x	4.71x	5.52x	4.55x	3.8x
PEG	-	0.2x	-0.4x	-1.4x	0x	0.2x	5.61x	8.96x
Capitalization / Revenue	1.13x	1.43x	1.29x	1.49x	1.51x	1.98x	1.75x	1.57x
EV / Revenue	0x	0x	0x	0x	0x	1.98x	1.75x	1.57x
EV / EBITDA	-	-	-	-	18.3x	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	16.7x	15.3x	14.6x
EV / FCF	-	-	-	12.1x	9.62x	-	-	-
FCF Yield	-	-	-	0%	0%	-	-	-
Dividend per Share ²	2.65	4.9	1.9	0.4	1.15	2.435	3.201	2.969
Rate of return	3.66%	4.96%	1.85%	0.31%	0.72%	0.98%	1.28%	1.19%
EPS ²	6.72	9.66	5.66	1.18	6.58	12.69	13.12	13.39
Distribution rate	39.4%	50.7%	33.6%	33.9%	17.5%	19.2%	24.4%	22.2%
Net sales ¹	37,578	40,569	46,405	51,081	61,550	73,870	83,666	93,026
EBITDA	-	-	-	-	5,472	-	-	-
EBIT ¹	5,350	7,390	4,429	1,166	5,172	8,757	9,566	10,008
Net income ¹	3,970	5,705	3,351	721.5	3,902	7,504	7,753	7,845
Net Debt	-	-	-	3,323	6,804	-	-	-
Reference price ²	72.39	98.88	102.65	129.71	159.28	249.48	249.48	249.48
Nbr of stocks (in thousands)	5,84,630	5,85,300	5,85,064	5,85,070	5,84,961	5,85,667	-	-
Announcement Date	29/01/20	27/01/21	26/01/22	25/01/23	24/01/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
PROGRESSIVE CORPORATION	19.66x	-	-	+0.98%	146B
PICC PROPERTY AND CASUALTY COMPANY LIMITED	7.17x	0.43x	-	+5.62%	28.79B
TRYG A/S	19.01x	2.58x	-	+5.01%	14.17B
ADMIRAL GROUP PLC	17.39x	2.07x	-	+5.23%	11.29B
PORTO SEGURO S.A.	9.28x	-	-	+5.28%	3.93B
MERCURY GENERAL CORPORATION	12.61x	-	-	+2.19%	3.2B
QUÁLITAS CONTROLADORA, S.A.B. DE C.V.	10.82x	-	-	+5.20%	3.14B
HAGERTY, INC.	23.6x	-	-	-	996M
Average	14.94x	1.69x	-	+4.21%	26.45B
Weighted average by Cap.	17.39x	1.33x	-	+2.27%