Palomar Holdings Stock Gross Profit
| PLMR Stock | USD 81.38 0.43 0.53% |
Palomar Holdings fundamentals help investors to digest information that contributes to Palomar Holdings' financial success or failures. It also enables traders to predict the movement of Palomar Stock. The fundamental analysis module provides a way to measure Palomar Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Palomar Holdings stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 375.9 M | 193.6 M | |
| Gross Profit Margin | 0.00 | 0.00 |
Palomar | Gross Profit |
Palomar Holdings Company Gross Profit Analysis
Palomar Holdings' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Palomar Holdings Gross Profit | 80.05 M |
Most of Palomar Holdings' fundamental indicators, such as Gross Profit, 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, Palomar Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Palomar Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Palomar Holdings is extremely important. It helps to project a fair market value of Palomar Stock properly, considering its historical fundamentals such as Gross Profit. Since Palomar Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Palomar Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Palomar Holdings' interrelated accounts and indicators.
Click cells to compare fundamentals
Palomar Gross Profit Historical Pattern
Today, most investors in Palomar Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Palomar Holdings' 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 gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Palomar Holdings gross profit as a starting point in their analysis.
Palomar Holdings Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Palomar Holdings reported 80.05 M of gross profit. This is 99.97% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The gross profit for all United States stocks is 99.71% higher than that of the company.
Palomar Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Palomar Holdings' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Palomar Holdings could also be used in its relative valuation, which is a method of valuing Palomar Holdings by comparing valuation metrics of similar companies.Palomar Holdings is currently under evaluation in gross profit category among related companies.
Palomar Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Palomar Holdings from analyzing Palomar Holdings' financial statements. These drivers represent accounts that assess Palomar Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Palomar Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 2.2B | 1.6B | 1.1B | 1.0B | 818.7M | |
| Enterprise Value | 1.1B | 2.2B | 1.6B | 1.1B | 997.5M | 894.6M |
Palomar Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0445 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 2.04 B | |||
| Shares Outstanding | 24.92 M | |||
| Shares Owned By Insiders | 3.33 % | |||
| Shares Owned By Institutions | 94.93 % | |||
| Number Of Shares Shorted | 468.4 K | |||
| Price To Earning | 253.33 X | |||
| Price To Book | 3.94 X | |||
| Price To Sales | 4.93 X | |||
| Revenue | 375.93 M | |||
| Gross Profit | 80.05 M | |||
| EBITDA | 184.51 M | |||
| Net Income | 79.2 M | |||
| Cash And Equivalents | 36.47 M | |||
| Cash Per Share | 1.45 X | |||
| Total Debt | 52.6 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 19.02 X | |||
| Cash Flow From Operations | 116.11 M | |||
| Short Ratio | 2.81 X | |||
| Earnings Per Share | 3.13 X | |||
| Price To Earnings To Growth | 0.25 X | |||
| Target Price | 89.4 | |||
| Number Of Employees | 213 | |||
| Beta | 0.21 | |||
| Market Capitalization | 2.04 B | |||
| Total Asset | 1.17 B | |||
| Retained Earnings | 144.64 M | |||
| Net Asset | 1.17 B |
About Palomar Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Palomar Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Palomar Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Palomar 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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Palomar Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Palomar Holdings Piotroski F Score and Palomar Holdings Altman Z Score analysis. To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Palomar Stock analysis
When running Palomar Holdings' price analysis, check to measure Palomar Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
Is Palomar Holdings' 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 Palomar Holdings. If investors know Palomar 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 Palomar Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.41 | Earnings Share 3.13 | Revenue Per Share 15.145 | Quarterly Revenue Growth 0.189 | Return On Assets 0.0445 |
The market value of Palomar Holdings is measured differently than its book value, which is the value of Palomar that is recorded on the company's balance sheet. Investors also form their own opinion of Palomar Holdings' value that differs from its market value or its book value, called intrinsic value, which is Palomar Holdings' 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 Palomar Holdings' market value can be influenced by many factors that don't directly affect Palomar Holdings' 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 Palomar Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Palomar Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palomar Holdings' 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.