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Hagerty (Hagerty) Price-to-Free-Cash-Flow : 4.80 (As of May. 14, 2024)


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What is Hagerty Price-to-Free-Cash-Flow?

As of today (2024-05-14), Hagerty's share price is $8.90. Hagerty's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.85. Hence, Hagerty's Price-to-Free-Cash-Flow Ratio for today is 4.80.

The historical rank and industry rank for Hagerty's Price-to-Free-Cash-Flow or its related term are showing as below:

HGTY' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.55   Med: 15.72   Max: 28.16
Current: 4.81

During the past 6 years, Hagerty's highest Price-to-Free-Cash-Flow Ratio was 28.16. The lowest was 4.55. And the median was 15.72.

HGTY's Price-to-Free-Cash-Flow is ranked better than
70.74% of 352 companies
in the Insurance industry
Industry Median: 8.955 vs HGTY: 4.81

Hagerty's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.63. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.85.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Hagerty was 314.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -17.60% per year.

During the past 6 years, Hagerty's highest 3-Year average Free Cash Flow per Share Growth Rate was -17.60% per year. The lowest was -59.40% per year. And the median was -38.50% per year.


Hagerty Price-to-Free-Cash-Flow Historical Data

The historical data trend for Hagerty's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hagerty Price-to-Free-Cash-Flow Chart

Hagerty Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial - - - 254.85 24.76

Hagerty Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.55 16.83 7.06 24.76 4.94

Competitive Comparison of Hagerty's Price-to-Free-Cash-Flow

For the Insurance - Property & Casualty subindustry, Hagerty's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hagerty's Price-to-Free-Cash-Flow Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hagerty's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Hagerty's Price-to-Free-Cash-Flow falls into.



Hagerty Price-to-Free-Cash-Flow Calculation

Hagerty's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=8.90/1.854
=4.80

Hagerty's Share Price of today is $8.90.
Hagerty's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.85.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Hagerty  (NYSE:HGTY) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Hagerty Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Hagerty's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Hagerty (Hagerty) Business Description

Traded in Other Exchanges
N/A
Address
121 Drivers Edge, Traverse, MI, USA, 49684
Hagerty Inc is a provider of specialty automotive insurance. It offers insurance for cars, boats, trucks, motorcycles, tractors, motorsports and others. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada and the United States.
Executives
Laurie Harris director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
Patrick Mcclymont officer: Chief Financial Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Kenneth Ahn officer: President, Hagerty Marketplace C/O BRIMSTONE ACQUISITION HOLDINGS CORP., 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
William H Swanson director 870 WINTER STREET, WALTHAM MA 02451
Kelly Edward Smith officer: Chief Strategy Officer 2310 W. THREE LAKES DR., MERIDIAN ID 83646
John Carlisle Butcher officer: President 18 THOMASINA LN., DARIEN CT 06820
Hagerty Holding Corp. 10 percent owner 121 DRIVERS EDGE, TRAVERSE CITY MI 49684
Mika Salmi director GSTEIGSTRASSE 17, ERLENBACH V8 8703
Mckeel Hagerty director, officer: Chief Executive Officer 175 WILSON RD., TRAVERSE CITY MI 49686
Frederick Turcotte officer: Chief Financial Officer 579 HIDDEN RIDGE DR., TRAVERSE CITY MI 49686
Champagne Collette officer: Chief Operating Officer 510 SIXTH ST., TRAVERSE CITY MI 49684
Barbara E Matthews officer: SVP, Gen. Counsel & Corp Secr. 323 GREEN ACRES LN., ELK RAPIDS MI 49629
Paul Rehrig officer: Pres. of Hagerty Media & Entmt 13821 W. 87TH DR., ARVADA CO 80005
Michael L. Tipsord director STATE FARM INSURANCE COMPANYS, 1 STATE FARM PLAZA, BLOOMINGTON IL 61710
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362