Palomar Holdings Inc (NASDAQ:PLMR)
113.01 USD
-1.840 1.602%Sponsored Reports
| Previous Close (in USD) | 114.85 |
|---|---|
| Change | -1.840 1.602% |
| 52 W H/L (in USD) | 89.220/48.075 |
| EBITDA (in USD) | 120.644M |
| PE Ratio | 23.39 |
| Volume | 163390 |
| Diluted Eps TTM | 3.47 |
| Total Assets (in USD) | 1165.42M |
|---|---|
| Total Liabilities (in USD) | 694.168M |
| Revenue TTM (in USD) | 405.259M |
| Cash (in USD) | 51.852M |
| Market Cap (in USD) | 2,023.024 M |
| Revenue Per Share TTM | 16.344 |
| Gross Profit TTM (in USD) | 80.048M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Palomar Holdings Inc
Employees: 213
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. D. McDonald Armstrong | Founder, CEO & Chairman | NA |
| 2. | Mr. Jon Marcus Christianson | Pres | 1980 |
| 3. | Mr. Toshio Christopher Uchida | Chief Financial Officer | 1975 |
| 4. | Mr. Jonathan Blake Knutzen | Chief Risk Officer | 1972 |
| 5. | Ms. Elizabeth Whitaker Seitz | Chief Accounting Officer | NA |
| 6. | Mr. Mark Brose | Chief Technology Officer | NA |
| 7. | Ms. Angela Leann Grant | Chief Legal Officer & Corp. Sec. | 1969 |
| 8. | Mr. Kyle Morgan | Sr. VP of Corp. Devel. & Strategy | NA |
| 9. | Mr. John MacDonald | Sr. VP of Marketing | NA |
| 10. | Ms. Michelle Antoinette Johnson | Chief Talent & Diversity Officer | 1976 |
Peers
Sector: Financial Services
Industry: Insurance - Property & Casualty
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
CB
Chubb Ltd |
-1.190 0.363% | 324.96 | 12.850 | 12.195 | 2.160 | 1.738 | 2.480 | 0.000 |
|
PGR
Progressive Corp |
+0.390 0.192% | 201.29 | 34.220 | 20.325 | 1.552 | 5.460 | 1.697 | 0.000 |
|
ALL
The Allstate Corporation |
+0.180 0.081% | 219.82 | 5.680 | 8.599 | 0.830 | 1.942 | 0.960 | 0.000 |
|
TKOMF
Tokio Marine Holdings Inc. |
-2.480 5.153% | 45.6 | 14.810 | 10.000 | 0.007 | 1.592 | 0.006 | 0.000 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 67.551M | 57.138M | 6.223M | 18.077M | 18.213M |
| Minority Interest | - | - | - | - | - |
| Net Income | 52.17M | 45.847M | 6.257M | 10.621M | 18.219M |
| Selling General Administrative | - | - | - | - | - |
| Gross Profit | 327.086M | 247.791M | 168.463M | 113.296M | 72.971M |
| Reconciled Depreciation | 4.115M | 3.544M | 1.336M | 0.216M | 0.212M |
| Ebit | 68.424M | 57.138M | 6.223M | 18.077M | 20.516M |
| Ebitda | 74.146M | 60.682M | 7.559M | 18.293M | 20.728M |
| Depreciation And Amortization | 5.722M | 3.544M | 1.336M | 0.216M | 0.212M |
| Operating Income | 68.424M | 57.138M | 6.223M | 18.077M | 20.516M |
| Other Operating Expenses | 259.535M | 190.653M | 162.24M | 95.219M | 54.758M |
| Interest Expense | 0.873M | 0.04M | 0M | 1.068M | 2.303M |
| Tax Provision | 15.381M | 11.291M | -0.034M | 7.456M | -0.006M |
| Interest Income | 14.37M | 9.58M | 9.043M | 6.318M | 3.55M |
| Net Interest Income | -0.873M | -0.04M | 0M | -1.068M | -2.303M |
| Income Tax Expense | 15.381M | 11.291M | -0.034M | 7.456M | -0.006M |
| Total Revenue | 327.086M | 247.791M | 168.463M | 113.296M | 72.971M |
| Total Operating Expenses | 259.535M | -190.653M | -162.24M | -95.219M | -52.455M |
| Cost Of Revenue | - | - | - | 88.915M | 49.093M |
| Total Other Income Expense Net | -0.873M | -0.04M | 3.295M | -1.068M | -2.303M |
| Net Income From Continuing Ops | 52.17M | 45.847M | 6.257M | 10.621M | 18.219M |
| Net Income Applicable To Common Shares | 52.17M | 45.847M | 6.257M | 10.621M | 18.219M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2023 | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 |
|---|---|---|---|---|---|
| Total Assets | 1165.42M | 1298.818M | 925.734M | 729.092M | 395.462M |
| Intangible Assets | 8.56M | 8.261M | 9.501M | 11.512M | 0.744M |
| Other Current Assets | 319.106M | -348.345M | -278.53M | -290.563M | -149.368M |
| Total Liab | 694.168M | 914.064M | 531.565M | 365.379M | 176.906M |
| Total Stockholder Equity | 471.252M | 384.754M | 394.169M | 363.713M | 218.556M |
| Other Current Liab | 23.105M | -200.655M | -58.744M | -42.963M | -24.938M |
| Common Stock | 0.003M | 0.003M | 0.003M | 0.003M | 0.002M |
| Capital Stock | 0.003M | 0.003M | 0.003M | 0.003M | 0.002M |
| Retained Earnings | 144.643M | 87.708M | 69.952M | 39.957M | 33.856M |
| Good Will | 3.755M | - | - | - | - |
| Other Assets | - | 696.16M | -278.53M | -290.563M | -149.368M |
| Cash | 51.852M | 68.108M | 50.284M | 33.538M | 33.119M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 254.478M | 10.282M | 58.744M | 42.963M | 24.938M |
| Current Deferred Revenue | -45.345M | - | - | - | - |
| Net Debt | 0.748M | -31.708M | -50.284M | -33.538M | -33.119M |
| Short Term Debt | 52.6M | 36.4M | - | - | - |
| Short Long Term Debt | 52.6M | 36.4M | - | - | - |
| Short Long Term Debt Total | 52.6M | 36.4M | - | - | - |
| Other Stockholder Equity | 350.597M | 333.557M | 318.902M | 310.507M | 180.012M |
| Property Plant Equipment | - | 0.603M | 0.527M | 0.739M | 0.845M |
| Total Current Assets | 319.106M | 583.172M | 728.293M | 585.095M | 303.762M |
| Long Term Investments | 689.576M | 553.64M | 465.943M | 424.854M | 239.479M |
| Short Term Investments | 643.799M | 515.064M | 432.682M | 397.987M | 217.151M |
| Net Receivables | 538.766M | 348.345M | 245.327M | 153.57M | 53.492M |
| Long Term Debt | - | 47.08M | 10.882M | 4.515M | - |
| Inventory | -1234.111M | - | - | - | - |
| Accounts Payable | 224.118M | 164.255M | 58.744M | 42.963M | 24.938M |
| Accumulated Other Comprehensive Income | -23.991M | -36.514M | 5.312M | 13.246M | 4.686M |
| Non Currrent Assets Other | 820.89M | -553.64M | -475.971M | -434.56M | -241.068M |
| Non Current Assets Total | 846.314M | 19.486M | 475.971M | 434.56M | 241.068M |
| Capital Lease Obligations | - | - | - | - | - |
| Long Term Debt Total | - | 47.08M | 10.882M | 4.515M | - |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | -149.906M | -54.823M | -171.72M | -80.566M | -25.365M |
| Total Cashflows From Investing Activities | -156.807M | -58.188M | -181.443M | -80.566M | -25.365M |
| Total Cash From Financing Activities | 5.017M | -13.041M | 128.329M | 62.291M | 1.549M |
| Net Income | 52.17M | 45.847M | 6.257M | 10.621M | 18.219M |
| Change In Cash | 17.793M | 16.585M | 0.437M | 23.425M | -1.008M |
| Begin Period Cash Flow | 50.371M | 33.786M | 33.349M | 9.924M | 10.932M |
| End Period Cash Flow | 68.164M | 50.371M | 33.786M | 33.349M | 9.924M |
| Total Cash From Operating Activities | 169.583M | 87.814M | 53.551M | 41.7M | 22.808M |
| Depreciation | 4.115M | 3.544M | 1.336M | 0.216M | 0.212M |
| Other Cashflows From Investing Activities | -6.588M | -3.347M | -9.591M | 1.023M | 0.25M |
| Dividends Paid | - | 0M | 0M | 5.12M | - |
| Change To Inventory | - | 129M | 136.63M | 36.587M | -5.035M |
| Sale Purchase Of Stock | -34.415M | -15.852M | 0.741M | -62.291M | - |
| Other Cashflows From Financing Activities | 37.16M | 0.719M | 2.041M | 62.291M | 19.049M |
| Capital Expenditures | 5.936M | 4.854M | 4.074M | 2.926M | 0.332M |
| Change In Working Capital | 95.821M | 31.052M | 42.971M | 9.204M | 0.884M |
| Other Non Cash Items | 9.372M | 1.146M | -0.274M | -3.09M | 3.493M |
| Free Cash Flow | 163.647M | 82.96M | 49.477M | 38.774M | 22.476M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | iShares Core S&P Small-Cap ETF | 2 years ago | 1662817 |
| 2. | Champlain Small Company Fund, LLC | 2 years ago | 1005030 |
| 3. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 730401 |
| 4. | Stephens SMID Select Growth | 2 years ago | 669706 |
| 5. | Vanguard Explorer Inv | 2 years ago | 664533 |
| 6. | iShares Russell 2000 ETF | 2 years ago | 567615 |
| 7. | Champlain Small Company Adv | 2 years ago | 530000 |
| 8. | Stephens Small Cap Growth | 2 years ago | 404663 |
| 9. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 376368 |
| 10. | Old Westbury Small & Mid Cap Strategies | 2 years ago | 320000 |
| 11. | Vanguard Small Cap Index | 2 years ago | 299285 |
| 12. | American Century U.S. Small Cap Growth | 2 years ago | 284447 |
| 13. | American Century Small Cap Growth Inv | 2 years ago | 284447 |
| 14. | Fidelity Small Cap Index | 2 years ago | 250351 |
| 15. | iShares S&P Small-Cap 600 Growth ETF | 2 years ago | 241227 |
| 16. | SPDR® Portfolio S&P 600 Sm Cap ETF | 2 years ago | 219110 |
| 17. | iShares Russell 2000 Growth ETF | 2 years ago | 207068 |
| 18. | Kornitzer Small Cap Equity | 2 years ago | 204603 |
| 19. | Buffalo Small Cap | 2 years ago | 204603 |
| 20. | Emerald Growth A | 2 years ago | 200469 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | BlackRock Inc | 2 years ago | 4015733 |
| 2. | Vanguard Group Inc | 2 years ago | 2403520 |
| 3. | Champlain Investment Partners, LLC | 2 years ago | 1340795 |
| 4. | Stephens Inv Mgmt Group LLC | 2 years ago | 1074624 |
| 5. | State Street Corporation | 2 years ago | 951207 |
| 6. | Sumitomo Mitsui Trust Holdings Inc | 2 years ago | 927270 |
| 7. | Villere St Denis J & Co Llc | 2 years ago | 674370 |
| 8. | Geode Capital Management, LLC | 2 years ago | 537854 |
| 9. | American Century Companies Inc | 2 years ago | 503320 |
| 10. | Emerald Advisers, LLC | 2 years ago | 449989 |
| 11. | Dimensional Fund Advisors, Inc. | 2 years ago | 442392 |
| 12. | Westfield Capital Management Company, LP | 2 years ago | 437412 |
| 13. | Emerald Mutual Fund Advisers Trust | 2 years ago | 375485 |
| 14. | Geneva Capital Management | 2 years ago | 348177 |
| 15. | Morgan Stanley - Brokerage Accounts | 2 years ago | 293581 |
| 16. | Goldman Sachs Group Inc | 2 years ago | 259370 |
| 17. | Driehaus Capital Management LLC | 2 years ago | 256372 |
| 18. | Artemis Investment Management LLP | 2 years ago | 249454 |
| 19. | Bank of New York Mellon Corp | 2 years ago | 248640 |
| 20. | Northern Trust Corp | 2 years ago | 244691 |
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