Heritage Stock Valuation

HRTG -  USA Stock  

USD 6.77  0.48  6.62%

What is the value of Heritage Insurance today? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as Heritage Insurance, is its stock price multiplied by the total number of shares outstanding, calculating Heritage Insurance's enterprise value requires a different approach. It uses Heritage Insurance's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
As of October 24, 2021, Free Cash Flow is expected to decline to about 152.7 M. In addition to that, Enterprise Value is expected to decline to about (111.1 M).
Heritage Insurance retains a regular Real Value of $8.05 per share. The prevalent price of the firm is $6.77. At this time, the firm appears to be undervalued. Our model calculates the value of Heritage Insurance from evaluating the firm fundamentals such as Return On Equity of (0.79) %, return on asset of (0.27) %, and Current Valuation of (37.84 M) as well as inspecting its technical indicators and Probability Of Bankruptcy. In general, we encourage purchasing undervalued assets and exiting overvalued assets since, at some point, asset prices and their ongoing real values will come together.

Heritage Valuation 

 
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Heritage Insurance Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Heritage Insurance's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Undervalued
Today
6.77
24th of October 2021
Share
Please note that Heritage Insurance's price fluctuation is somewhat reliable at this time. Calculation of the real value of Heritage Insurance is based on 3 months time horizon. Increasing Heritage Insurance's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Heritage Insurance Holdings is useful when determining the fair value of the Heritage stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Heritage Insurance. Since Heritage Insurance is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Heritage Stock. However, Heritage Insurance's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
8.04
Real Value
11.13
Upside
Estimating the potential upside or downside of Heritage Insurance Holdings helps investors to forecast how Heritage stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Heritage Insurance more accurately as focusing exclusively on Heritage Insurance's fundamentals will not take into account other important factors:
Earnings
Estimates (1)
LowProjected EPSHigh
-0.1-0.1-0.1
Details
Hype
Prediction
LowEstimated ValueHigh
3.756.839.91
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
0.060.060.06
Details
3 Analysts
Consensus
LowTarget PriceHigh
12.0012.0012.00
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Heritage Insurance's intrinsic value based on its ongoing forecasts of Heritage Insurance's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Heritage Insurance's closest peers. When choosing an evaluation method for Heritage Insurance, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.

Heritage Insurance Investments

581.41 MillionShare

Heritage Valuation Drivers Correlation

Many accounts on the financial statements of Heritage Insurance are highly interrelated and sometimes correlated. Consequently, when conducting Heritage's valuation analysis, one should examine all of the accounts reported to obtain a complete picture of its financial situation. We provide a unique feature to present a conventional correlation table purposely composed against different valuation-related drivers of Heritage
Click cells to compare fundamentals

Heritage Valuation Trend

Knowing Heritage Insurance's actual value is paramount for traders to make sound investment determinations. Heritage Insurance's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Heritage Insurance's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Heritage Insurance's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.

Heritage Market Cap

Heritage Insurance Holdings is one of the top stocks in market capitalization category among related companies. Market capitalization of Insurance—Property & Casualty industry is currently estimated at about 218.68 Million. Heritage Insurance totals roughly 192.68 Million in market capitalization claiming about 88% of equities under Insurance—Property & Casualty industry.
Capitalization  Valuation  Revenue  Workforce  Total debt

Heritage Insurance Valuation Ratios as Compared to Competition

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 one of the top stocks in last dividend paid category among related companies. It is one of the top stocks in price to earning category among related companies reporting about  107.21  of Price to Earning per Last Dividend Paid. . The current year Price to Earnings Ratio is expected to grow to 33.12. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 18.8 M

About Heritage Insurance Valuation

The equity valuation mechanism determines the current worth of Heritage Insurance Holdings on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Heritage Insurance Holdings. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Heritage Insurance based exclusively on its fundamental and basic technical indicators. By analyzing Heritage Insurance's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Heritage Insurance's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Heritage Insurance. We calculate exposure to Heritage Insurance's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Heritage Insurance's related companies.
Last ReportedProjected for 2021
Gross Profit220 M223.6 M
Profit Margin 0.016  0.0164 
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.

Heritage Insurance Quarterly Enterprise Value

(48.75 Million)Share

Heritage Insurance Dividends Analysis For Valuation

There are various types of dividends Heritage Insurance can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Heritage shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Heritage Insurance Holdings directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Heritage pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Heritage Insurance by the value of the dividends paid out.

Heritage Insurance Valuation Growth Rates

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Heritage Insurance does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Quick Ratio0.36
Revenue Growth11.00%
Enterprise Value To Ebitda122.06
Enterprise Value To Revenue-0.06

Heritage Insurance Current Valuation Indicators

Valuation refers to the process of determining the present value of Heritage Insurance Holdings and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Heritage we look at many different elements of the entity such as Heritage's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Please check Risk vs Return 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Heritage Stock analysis

When running Heritage Insurance price analysis, check to measure Heritage 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 Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
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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 underlying business (such as 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.