FMP
Erie Indemnity Company
ERIE
NASDAQ
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
414.59 USD
12.585 (3.04%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
2.57B
2.7B
2.84B
3.27B
3.8B
4.19B
4.62B
5.1B
5.63B
6.21B
Revenue %
-
5.14
5.16
15.07
16.1
10.37
10.37
10.37
10.37
Ebitda
338.16M
318.1M
430.18M
600.23M
676.46M
638.89M
705.12M
778.22M
858.89M
947.93M
Ebitda %
13.16
11.78
15.14
18.36
17.82
15.25
15.25
15.25
15.25
Ebit
-1.85B
-2B
-2.05B
546.64M
612.55M
-1.55B
-1.71B
-1.89B
-2.09B
-2.3B
Ebit %
-72.18
-73.96
-71.99
16.72
16.14
-37.05
-37.05
-37.05
-37.05
Depreciation
2.19B
2.32B
2.48B
53.59M
63.91M
2.19B
2.42B
2.67B
2.95B
3.25B
Depreciation %
85.34
85.74
87.13
1.64
1.68
52.31
52.31
52.31
52.31
Balance Sheet
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Total Cash
178.94M
222.1M
166.36M
226.07M
343M
309.92M
342.05M
377.51M
416.64M
459.83M
Total Cash %
6.96
8.22
5.86
6.92
9.04
7.4
7.4
7.4
7.4
Receivables
494.64M
479.12M
524.94M
634.8M
707.06M
783.4M
864.61M
954.24M
1.05B
1.16B
Receivables %
19.25
17.74
18.48
19.42
18.63
18.7
18.7
18.7
18.7
Inventories
-58.73M
-62.51M
-87.5M
-
-
-64.34M
-71M
-78.37M
-86.49M
-95.46M
Inventories %
-2.29
-2.31
-3.08
-
-
-1.54
-1.54
-1.54
-1.54
Payable
149.95M
138.32M
165.91M
170.89M
190.03M
226.45M
249.92M
275.83M
304.43M
335.99M
Payable %
5.84
5.12
5.84
5.23
5.01
5.41
5.41
5.41
5.41
Cap Ex
-55.53M
-148.8M
-67.2M
-92.65M
-124.84M
-135.37M
-149.4M
-164.89M
-181.98M
-200.85M
Cap Ex %
-2.16
-5.51
-2.37
-2.83
-3.29
-3.23
-3.23
-3.23
-3.23
Weighted Average Cost Of Capital
Price
414.59
Beta
Diluted Shares Outstanding
52.31M
Costof Debt
4.06
Tax Rate
After Tax Cost Of Debt
3.22
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
0
Total Equity
21.69B
Total Capital
21.69B
Debt Weighting
0
Equity Weighting
100
Wacc
6.23
Build Up Free Cash Flow
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
2.57B
2.7B
2.84B
3.27B
3.8B
4.19B
4.62B
5.1B
5.63B
6.21B
Ebitda
338.16M
318.1M
430.18M
600.23M
676.46M
638.89M
705.12M
778.22M
858.89M
947.93M
Ebit
-1.85B
-2B
-2.05B
546.64M
612.55M
-1.55B
-1.71B
-1.89B
-2.09B
-2.3B
Tax Rate
20.73
20.73
20.73
20.73
20.73
20.73
20.73
20.73
20.73
20.73
Ebiat
-1.48B
-1.58B
-1.62B
433.92M
485.58M
-1.23B
-1.36B
-1.5B
-1.66B
-1.83B
Depreciation
2.19B
2.32B
2.48B
53.59M
63.91M
2.19B
2.42B
2.67B
2.95B
3.25B
Receivables
494.64M
479.12M
524.94M
634.8M
707.06M
783.4M
864.61M
954.24M
1.05B
1.16B
Inventories
-58.73M
-62.51M
-87.5M
-
-
-64.34M
-71M
-78.37M
-86.49M
-95.46M
Payable
149.95M
138.32M
165.91M
170.89M
190.03M
226.45M
249.92M
275.83M
304.43M
335.99M
Cap Ex
-55.53M
-148.8M
-67.2M
-92.65M
-124.84M
-135.37M
-149.4M
-164.89M
-181.98M
-200.85M
Ufcf
375.19M
593.86M
792.86M
202.48M
371.52M
848.63M
858.59M
947.6M
1.05B
1.15B
Wacc
6.23
6.23
6.23
6.23
6.23
Pv Ufcf
798.86M
760.84M
790.46M
821.25M
853.23M
Sum Pv Ufcf
4.02B
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
6.23
Free Cash Flow T1
1.18B
Terminal Value
27.83B
Present Terminal Value
20.57B
Intrinsic Value
Enterprise Value
24.59B
Net Debt
-298.4M
Equity Value
24.89B
Diluted Shares Outstanding
52.31M
Equity Value Per Share
475.85
Projected DCF
475.85 0.129%
