NasdaqGM:TRUP

Stock Analysis Report

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Executive Summary

Trupanion, Inc., together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.

Share Price & News

How has Trupanion's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TRUP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.7%

TRUP

-1.4%

US Insurance

-1.5%

US Market


1 Year Return

160.0%

TRUP

-16.2%

US Insurance

12.9%

US Market

Return vs Industry: TRUP exceeded the US Insurance industry which returned -16.2% over the past year.

Return vs Market: TRUP exceeded the US Market which returned 12.9% over the past year.


Shareholder returns

TRUPIndustryMarket
7 Day-3.7%-1.4%-1.5%
30 Day19.3%0.2%-1.8%
90 Day66.9%3.9%6.6%
1 Year160.0%160.0%-13.9%-16.2%15.4%12.9%
3 Year171.6%171.6%2.7%-5.2%39.6%30.2%
5 Year795.5%795.5%44.7%26.7%93.4%71.7%

Price Volatility Vs. Market

How volatile is Trupanion's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Trupanion undervalued compared to its fair value and its price relative to the market?

1473.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TRUP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TRUP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TRUP is poor value based on its PE Ratio (1473.5x) compared to the US Insurance industry average (14.3x).

PE vs Market: TRUP is poor value based on its PE Ratio (1473.5x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: TRUP is poor value based on its PEG Ratio (21.6x)


Price to Book Ratio

PB vs Industry: TRUP is overvalued based on its PB Ratio (17.1x) compared to the US Insurance industry average (0.8x).


Next Steps

Future Growth

How is Trupanion forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

68.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRUP's forecast earnings growth (68.2% per year) is above the savings rate (2.2%).

Earnings vs Market: TRUP's earnings (68.2% per year) are forecast to grow faster than the US market (23.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TRUP's revenue (18.2% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: TRUP's revenue (18.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TRUP's Return on Equity is forecast to be high in 3 years time


Next Steps

  • Explore growth companies in the Insurance industry.

Past Performance

How has Trupanion performed over the past 5 years?

61.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRUP has high quality earnings.

Growing Profit Margin: TRUP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TRUP has become profitable over the past 5 years, growing earnings by 61.3% per year.

Accelerating Growth: TRUP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TRUP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (-3.3%).


Return on Equity

High ROE: TRUP's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is Trupanion's financial position?


Financial Position Analysis

Short Term Liabilities: TRUP's short term assets ($191.8M) exceed its short term liabilities ($118.0M).

Long Term Liabilities: TRUP's short term assets ($191.8M) exceed its long term liabilities ($30.4M).


Debt to Equity History and Analysis

Debt Level: TRUP's debt to equity ratio (19.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TRUP's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TRUP's debt is well covered by operating cash flow (62.6%).

Interest Coverage: TRUP's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Trupanion current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TRUP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TRUP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRUP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRUP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TRUP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Darryl Graham Rawlings (51 yo)

20.67yrs

Tenure

US$1,055,364

Compensation

Mr. Darryl Graham Andrew Rawlings Co-founded Trupanion, Inc.(also known as Vetinsurance International Inc) in 2000 and has been its Chief Executive Officer, President and Director since January 2001. Mr. R ...


CEO Compensation Analysis

Compensation vs Market: Darryl Graham's total compensation ($USD1.06M) is below average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: Darryl Graham's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Darryl Graham Rawlings
Founder20.67yrsUS$1.06m4.27%
$ 103.9m
Tricia Plouf
Chief Financial Officer4.33yrsUS$1.09m0.024%
$ 586.3k
Gavin Friedman
Chief People Officer & General Counsel2.67yrsUS$577.61k0.0030%
$ 73.5k
Asher Bearman
Chief Strategy Officer & Corporate Secretary1.67yrsUS$1.27m0.019%
$ 469.2k
Margaret Tooth
Chief Revenue Officer1.67yrsUS$1.40m0.034%
$ 828.4k
Howard Rubin
Independent Director & Consultant10.5yrsUS$159.31k0.64%
$ 15.6m
Chris Cappelletti
Chief Technology Officer0.17yrno datano data
Laura Bainbridge
Head of Corporate Communications0.67yrno datano data
Scott Janzen
Director of Communicationsno datano datano data
Steve Weinrauch
Chief Veterinary & Chief Product Officer5.42yrsno datano data
Randy Valpy
President of Canadian Underwriting0.58yrno datano data
Bradley Lamb
Head of Conversion0.17yrno datano data

1.7yrs

Average Tenure

46.5yo

Average Age

Experienced Management: TRUP's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Darryl Graham Rawlings
Founder20.67yrsUS$1.06m4.27%
$ 103.9m
Howard Rubin
Independent Director & Consultant10.5yrsUS$159.31k0.64%
$ 15.6m
Daniel Levitan
Independent Director13.42yrsUS$93.65k0.32%
$ 7.7m
Jacqueline Davidson
Independent Director2yrsUS$102.26k0.020%
$ 475.3k
Murray Low
Independent Chairmanno dataUS$106.10k0.48%
$ 11.6m
H. Hays Lindsley
Independent Director7.58yrsUS$93.65k0.020%
$ 495.3k
Robin Ferracone
Independent Director5.75yrsUS$106.10k0.16%
$ 3.9m
Bill Williams
Member of Veterinary Advisory Boardno datano datano data
Robert Totman
Member of Veterinary Advisory Boardno datano datano data
I. Prior
Member of Veterinary Advisory Boardno datano datano data
Diane Levitan
Member of Veterinary Advisory Boardno datano datano data
Michael Doak
Independent Director6.58yrsUS$93.65k0.021%
$ 507.9k

7.6yrs

Average Tenure

63yo

Average Age

Experienced Board: TRUP's board of directors are considered experienced (7.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TRUP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Trupanion, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trupanion, Inc.
  • Ticker: TRUP
  • Exchange: NasdaqGM
  • Founded: 2000
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: US$2.435b
  • Shares outstanding: 35.27m
  • Website: https://www.trupanion.com

Number of Employees


Location

  • Trupanion, Inc.
  • 6100 4th Avenue South
  • Suite 200
  • Seattle
  • Washington
  • 98108
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRUPNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 2014
TPWDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2014
0LH0LSE (London Stock Exchange)YesCommon StockGBUSDJul 2014

Biography

Trupanion, Inc., together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subsc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 05:50
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.