NYSE
PGR
Last Price
US $218.45
KEY FIGURES
MKT CAP
$131.1B
EPS
TTM
$19.74
PEG
TTM
0.35x
P/E
TTM
11.38x
P/S
TTM
1.50x
YIELD
6.20%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
35.12%
Return on equity
ROIC: 12.20%
Valuation History
11.4X
Price to Earnings
EV/EBITDA: 9.2X
Cash flow
Profit margin
15.50%
(FY vs FY)
EBITDA Y/Y
13.92%
(FY vs FY)
Cash flow Y/Y
20.82%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $218.45
133.62%
Default assumptions
EBITDA Multiple
Fair Value
Market $218.45
-24.15%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
The Progressive Corporation cash flow to debt ratio of 254.43% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Financial stability - Healthy cash flow growth.
The Progressive Corporation's free cash flow has increased 15.95% from $14.83G last year to $17.20G, signaling increasing performance
Financial stability - Healthy debt to equity ratio.
The Progressive Corporation's debt to equity ratio is 0.25, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial stability - Healthy debt to equity ratio development.
The Progressive Corporation's debt has decreased relative to shareholder equity from 0.27 last year to 0.25 today, signaling strengthened financials
Financial stability - Net debt/EBITDA.
The Progressive Corporation has a net debt to EBITDA ratio of 0.46x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
The Progressive Corporation's interest coverage ratio of 52.35 indicates that earnings with good margin can cover interest payments on company debt
Financial stability - Profit margin growth.
The Progressive Corporation's profit margin has increased (14.84%) in the last year from 11.26% to 12.93%, signaling increasing performance
Financial risk - Short term assets vs short term liabilities.
The Progressive Corporation's short-term liabilities of $68.53G exceed its short-term assets of $40.16G, signaling financial risk
Increasing performance - ROA.
The Progressive Corporation's return on assets of 9.28% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
The Progressive Corporation's return on equity of 35.12%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
The Progressive Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
The Progressive Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
The Progressive Corporation has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
The Progressive Corporation has a free cash flow yield of 13.12%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
The Progressive Corporation's yearly earnings has increased 33.35% since last year from $8.48G to $11.31G, signaling increasing performance
Increasing performance - Healthy revenue growth.
The Progressive Corporation's yearly revenue has increased 6.06% since last year from $75.34G to $79.91G, signaling increasing performance
Increasing performance - ROIC.
ROIC 12.20% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Increasing performance - 3-year revenue CAGR.
The Progressive Corporation's 3-year revenue CAGR of 20.90% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
The Progressive Corporation had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
The Progressive Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Undervalued - DCF valuation.
The Progressive Corporation is undervalued relative to its fair value price of 510.34 based on Discounted Cash Flow model
Undervalued - Earnings yield.
The Progressive Corporation has an earnings yield of 8.80%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
The Progressive Corporation is overvalued relative to its fair value price of 165.70 based on EBITDA multiple model
Undervalued - EV/EBITDA.
The Progressive Corporation has an EV/EBITDA ratio of 9.21x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Undervalued - PEG ratio value.
The Progressive Corporation has a PEG-ratio under 1 which is considered undervalued
Undervalued - P/B ratio.
The Progressive Corporation has a price-to-book ratio of 3.88x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
The Progressive Corporation has a price-to-sales ratio of 1.47x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue