Progressive

PGR: Pricing Flexibility and First-Mover Telematics Innovation Offers Steady Growth and Competition

WallStreetWontons

Not Invested

Community Contributor

Published

25 Aug 24

Updated

16 Oct 24

WallStreetWontons's Fair Value

US$399.21

38.4% undervalued

16 Oct

US$245.86

-2.6%

-0.07%

-2.6%

-0.07%

Edit anytime before May 14 2:39 AM. Then post Updates to your followers.

Author's Valuation

US$399.2

38.4% undervalued

WallStreetWontons's Fair Value

Narrative

Updates1

Shared on16 Oct 24

WallStreetWontons made no meaningful changes to valuation assumptions.

WallStreetWontons'sFair Value

US$399.2

38.4% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

8.95%

Insurance revenue growth rate

0.29%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

6.78%

Calculation

US$15.66b

Earnings '29

19.93x

PE Ratio '29

US$312.07b

Market Cap '29

US$312.07b

Market Cap '29

589.68m

No. shares '29

US$529.21

Share Price '29

US$529.21 Share Price '29

Discounted to 2024 @ 5.80% p.a.

US$399.20

Fair Value '24