Safety Insurance Group Stock Return On Equity
| SAFT Stock | USD 78.87 0.65 0.83% |
Safety Insurance Group fundamentals help investors to digest information that contributes to Safety Insurance's financial success or failures. It also enables traders to predict the movement of Safety Stock. The fundamental analysis module provides a way to measure Safety Insurance's 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 Safety Insurance stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.02 | 0.02 |
Safety | Return On Equity |
Safety Insurance Group Company Return On Equity Analysis
Safety Insurance's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Safety Insurance Return On Equity | 0.0234 |
Most of Safety Insurance's fundamental indicators, such as Return On Equity, 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, Safety Insurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Safety Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Safety Insurance is extremely important. It helps to project a fair market value of Safety Stock properly, considering its historical fundamentals such as Return On Equity. Since Safety Insurance's 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 Safety Insurance's 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 Safety Insurance's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Safety Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Safety Insurance Group has a Return On Equity of 0.0234. This is 98.39% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 107.55% lower than that of the firm.
Safety Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Safety Insurance's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Safety Insurance could also be used in its relative valuation, which is a method of valuing Safety Insurance by comparing valuation metrics of similar companies.Safety Insurance is currently under evaluation in return on equity category among related companies.
Safety Insurance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Safety Insurance from analyzing Safety Insurance's financial statements. These drivers represent accounts that assess Safety Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Safety Insurance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 1.2B | 1.3B | 1.2B | 1.1B | 671.2M | |
| Enterprise Value | 1.4B | 1.2B | 1.3B | 1.3B | 1.1B | 644.3M |
Safety Fundamentals
| Return On Equity | 0.0234 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 1.19 B | ||||
| Shares Outstanding | 14.84 M | ||||
| Shares Owned By Insiders | 1.72 % | ||||
| Shares Owned By Institutions | 83.27 % | ||||
| Number Of Shares Shorted | 142.6 K | ||||
| Price To Earning | 9.95 X | ||||
| Price To Book | 1.44 X | ||||
| Price To Sales | 1.24 X | ||||
| Revenue | 920.86 M | ||||
| Gross Profit | 60.44 M | ||||
| EBITDA | 14.11 M | ||||
| Net Income | 18.79 M | ||||
| Cash And Equivalents | 39.09 M | ||||
| Cash Per Share | 2.65 X | ||||
| Total Debt | 49.76 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 0.37 X | ||||
| Book Value Per Share | 54.37 X | ||||
| Cash Flow From Operations | 52.11 M | ||||
| Short Ratio | 2.38 X | ||||
| Earnings Per Share | 1.28 X | ||||
| Price To Earnings To Growth | 1.31 X | ||||
| Target Price | 70.0 | ||||
| Number Of Employees | 539 | ||||
| Beta | 0.18 | ||||
| Market Capitalization | 1.18 B | ||||
| Total Asset | 1.97 B | ||||
| Retained Earnings | 781.19 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.08 % | ||||
| Net Asset | 1.97 B | ||||
| Last Dividend Paid | 3.6 |
About Safety Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Safety Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Safety Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Safety Insurance Group 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Safety Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Safety Insurance's short interest history, or implied volatility extrapolated from Safety Insurance options trading.
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When determining whether Safety Insurance is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Safety Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Safety Insurance Group Stock. Highlighted below are key reports to facilitate an investment decision about Safety Insurance Group Stock:Check out Safety Insurance Piotroski F Score and Safety Insurance Altman Z Score analysis. Note that the Safety Insurance information on this page should be used as a complementary analysis to other Safety 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 the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Safety Stock analysis
When running Safety Insurance's price analysis, check to measure Safety Insurance's 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 Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Safety 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 Safety Insurance. If investors know Safety 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 Safety Insurance 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 (0.50) | Dividend Share 3.6 | Earnings Share 1.28 | Revenue Per Share 63.487 | Quarterly Revenue Growth 0.14 |
The market value of Safety Insurance is measured differently than its book value, which is the value of Safety that is recorded on the company's balance sheet. Investors also form their own opinion of Safety Insurance's value that differs from its market value or its book value, called intrinsic value, which is Safety 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 Safety Insurance's market value can be influenced by many factors that don't directly affect Safety 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 Safety Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safety Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safety 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.