Financials Old Republic International Corporation

Equities

ORI

US6802231042

Property & Casualty Insurance

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
30.13 USD +0.37% Intraday chart for Old Republic International Corporation +1.24% +2.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 6,677 5,912 7,381 7,179 8,011 8,182 -
Enterprise Value (EV) 1 6,677 5,912 7,381 7,179 8,011 8,182 8,182
P/E ratio 6.37 x 10.5 x 4.87 x 10.7 x 14 x 11.6 x 10.6 x
Yield 8.05% 4.26% 9.68% 7.95% 3.33% 3.32% 3.45%
Capitalization / Revenue 0.93 x 0.83 x 0.79 x 0.87 x 1.08 x 1.08 x 1 x
EV / Revenue 0.93 x 0.83 x 0.79 x 0.87 x 1.08 x 1.08 x 1 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.12 x 0.95 x 1.08 x 1.15 x 1.26 x 1.13 x 1.08 x
Nbr of stocks (in thousands) 298,469 299,970 300,266 297,277 272,482 271,548 -
Reference price 2 22.37 19.71 24.58 24.15 29.40 30.13 30.13
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 7,214 7,166 9,342 8,285 7,449 7,595 8,164
EBITDA - - - - - - -
EBIT 1 686.2 830.4 1,164 1,059 938.5 927 957
Operating Margin 9.51% 11.59% 12.46% 12.78% 12.6% 12.21% 11.72%
Earnings before Tax (EBT) 1 1,322 688.4 1,922 857.4 747.4 927 994.6
Net income 1 1,056 558.6 1,534 686.4 598.6 732 780.6
Net margin 14.64% 7.8% 16.42% 8.28% 8.04% 9.64% 9.56%
EPS 2 3.510 1.870 5.050 2.260 2.100 2.600 2.850
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 1.800 0.8400 2.380 1.920 0.9800 1.000 1.040
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,205 2,720 2,207 2,128 2,098 1,997 1,759 1,829 1,947 1,941 2,016 1,999 2,050 2,028 2,042
EBITDA - - - - - - - - - - - - - - -
EBIT - 335.1 237.6 262.9 257.5 300.7 222.9 196.9 250.8 237.2 - - - - -
Operating Margin - 12.32% 10.77% 12.36% 12.27% 15.06% 12.67% 10.77% 12.88% 12.22% - - - - -
Earnings before Tax (EBT) 1 106 789.4 382.6 -54.6 -119.6 649 249.2 196.9 63.9 237.4 398.7 233 229.7 287.8 247.5
Net income 1 88.7 627 306.3 -40.1 -91.7 512.1 199.8 155.5 52.6 190.6 316.7 181.7 179.2 224.5 193
Net margin 4.02% 23.05% 13.88% -1.88% -4.37% 25.64% 11.36% 8.5% 2.7% 9.82% 15.71% 9.09% 8.74% 11.07% 9.45%
EPS 2 0.2900 2.060 1.000 -0.1300 -0.3100 1.730 0.6800 0.5400 0.1900 0.6900 1.150 0.6000 0.6500 0.7000 0.7100
Dividend per Share 2 0.2200 0.2200 0.2300 0.2300 1.230 0.2300 0.2450 0.2450 0.2450 0.2450 0.2650 0.2500 0.2600 0.2600 -
Announcement Date 10/28/21 1/27/22 4/28/22 7/28/22 10/27/22 1/26/23 4/27/23 7/27/23 10/26/23 1/25/24 4/25/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 9.17% 14.3% 10.5% 11.9% 11.6% 11.3%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 20.00 20.80 22.80 21.10 23.30 26.70 28.00
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
30.13 USD
Average target price
34 USD
Spread / Average Target
+12.84%
Consensus
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