Heritage Fundamentals

HRTG -  USA Stock  

USD 6.99  0.33  4.96%

Heritage Insurance Holdings fundamentals help investors to digest information that contributes to Heritage Insurance's financial success or failures. It also enables traders to predict the movement of Heritage Stock. This fundamental analysis module provides a way for investors to measures Heritage Insurance's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heritage Insurance stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Heritage Fundamentals 

Heritage Insurance Earning Before Interest and Taxes EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 10.19 Million. The current year Gross Profit is expected to grow to about 223.6 M, whereas Operating Expenses is forecasted to decline to about 181.5 M.

Heritage Revenue Analysis

Heritage Insurance's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Heritage Insurance Revenues

525.15 MillionShare
Money Received 
Discounts and Returns 
More About Revenue | All Equity Analysis

Current Heritage Insurance Revenue

  624.4 M  
Most of Heritage Insurance's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heritage Insurance Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Heritage Revenue Historical Pattern

Today, most investors in Heritage Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Heritage Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Heritage Insurance revenue as a starting point in their analysis.
 Heritage Insurance Revenue 
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Compare to competition

Heritage Deferred Revenue

Deferred Revenue

515.56 MillionShare
Heritage Insurance Deferred Revenue is projected to increase significantly based on the last few years of reporting. The past year's Deferred Revenue was at 569.62 Million
Based on the latest financial disclosure, Heritage Insurance Holdings reported 624.4 M of revenue. This is 94.43% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Property & Casualty industry. The revenue for all United States stocks is 93.38% higher than that of the company.

Heritage Insurance Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Heritage Insurance's current stock value. Our valuation model uses many indicators to compare Heritage Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heritage Insurance competition to find correlations between indicators driving Heritage Insurance's intrinsic value. More Info.
Heritage Insurance Holdings is rated # 2 in earnings per share category among related companies. It is rated # 2 in shares owned by insiders category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Heritage Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heritage Insurance's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Heritage Insurance's earnings, one of the primary drivers of an investment's value.

Heritage Insurance Current Valuation Drivers

We derive many important indicators used in calculating different scores of Heritage Insurance from analyzing Heritage Insurance's financial statements. These drivers represent accounts that assess Heritage Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Heritage Insurance's important valuation drivers and their relationship over time.
201620172018201920202021 (projected)
Net Income Per Employee108.59 K(2.6 K)60.75 K54.03 K14.51 K14.89 K
Revenue Per Employee1.41 M943.44 K1.07 M964.73 K923.19 K1.21 M
Average Assets1.02 B1.37 B1.86 B1.85 B2.07 B1.79 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA65.74 M15.06 M86.08 M59.95 M18.29 M18.77 M
Earnings Before Interest Taxes and Depreciation Amortization USD65.74 M15.06 M86.08 M59.95 M18.29 M18.77 M
Earnings before Tax56.4 M(5.89 M)38.99 M41 M2.21 M2.27 M
Average Equity365.95 M351.9 M397.72 M441.99 M449.32 M421.07 M
Enterprise Value344.55 M256.15 M336.12 M278.39 M(108.21 M)(111.06 M)
Free Cash Flow81.33 M7.1 M94.06 M114.67 M169.46 M152.74 M
Invested Capital906.43 M1.53 B1.43 B1.56 B1.56 B1.42 B
Invested Capital Average808.11 M1.18 B1.56 B1.48 B1.58 B1.39 B
Market Capitalization494.65 M439.69 M391.56 M391.33 M284.24 M344.56 M
Tangible Asset Value960.25 M1.52 B1.54 B1.72 B1.87 B1.66 B

Heritage Fundamentals

About Heritage Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Heritage Insurance Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Insurance Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2021
Deferred Revenue569.6 M515.6 M
Cost of Revenue373.4 M301.5 M
Revenues593.4 M525.1 M
Revenue to Assets 0.28  0.33 
Revenue Per Employee923.2 K1.2 M
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company was founded in 2012 and is headquartered in Clearwater, Florida. Heritage Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 641 people.

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Please check Heritage Insurance Piotroski F Score and Heritage Insurance Altman Z Score analysis. Note that the Heritage Insurance information on this page should be used as a complementary analysis to other Heritage Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Heritage Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heritage Insurance is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Heritage Insurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.