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PRCH

Porch Group NasdaqCM:PRCH Stock Report

Last Price

US$2.92

Market Cap

US$289.5m

7D

17.7%

1Y

-84.7%

Updated

24 Jun, 2022

Data

Company Financials +
PRCH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

PRCH Stock Overview

Porch Group, Inc. operates a software platform in the United States and Canada.

Porch Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Porch Group
Historical stock prices
Current Share PriceUS$2.92
52 Week HighUS$27.50
52 Week LowUS$2.21
Beta1.06
1 Month Change-28.26%
3 Month Change-59.16%
1 Year Change-84.72%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.51%

Recent News & Updates

Shareholder Returns

PRCHUS Online RetailUS Market
7D17.7%10.4%6.6%
1Y-84.7%-39.7%-18.5%

Return vs Industry: PRCH underperformed the US Online Retail industry which returned -41.6% over the past year.

Return vs Market: PRCH underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is PRCH's price volatile compared to industry and market?
PRCH volatility
PRCH Average Weekly Movement16.3%
Online Retail Industry Average Movement13.0%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: PRCH is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: PRCH's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20111,700Matt Ehrlichmanhttps://porchgroup.com

Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners.

Porch Group Fundamentals Summary

How do Porch Group's earnings and revenue compare to its market cap?
PRCH fundamental statistics
Market CapUS$289.48m
Earnings (TTM)-US$47.30m
Revenue (TTM)US$228.25m

1.3x

P/S Ratio

-6.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PRCH income statement (TTM)
RevenueUS$228.25m
Cost of RevenueUS$73.98m
Gross ProfitUS$154.27m
Other ExpensesUS$201.57m
Earnings-US$47.30m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.48
Gross Margin67.59%
Net Profit Margin-20.72%
Debt/Equity Ratio193.2%

How did PRCH perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is PRCH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRCH?

Other financial metrics that can be useful for relative valuation.

PRCH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA-7.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PRCH's PS Ratio compare to its peers?

PRCH PS Ratio vs Peers
The above table shows the PS ratio for PRCH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x

Price-To-Sales vs Peers: PRCH is expensive based on its Price-To-Sales Ratio (1.3x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

How does PRCH's PE Ratio compare vs other companies in the U.S. Online Retail Industry?

Price-To-Sales vs Industry: PRCH is expensive based on its Price-To-Sales Ratio (1.3x) compared to the US Online Retail industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

What is PRCH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRCH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.3x
Fair PS Ratio1.6x

Price-To-Sales vs Fair Ratio: PRCH is good value based on its Price-To-Sales Ratio (1.3x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).


Share Price vs Fair Value

What is the Fair Price of PRCH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate PRCH's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PRCH's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PRCH's PEG Ratio to determine if it is good value.


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Future Growth

How is Porch Group forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


49.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRCH is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PRCH is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PRCH is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PRCH's revenue (18.4% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: PRCH's revenue (18.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRCH is forecast to be unprofitable in 3 years.


Discover growth companies

Past Performance

How has Porch Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-13.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PRCH is currently unprofitable.

Growing Profit Margin: PRCH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRCH is unprofitable, and losses have increased over the past 5 years at a rate of 13.1% per year.

Accelerating Growth: Unable to compare PRCH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRCH is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-18.3%).


Return on Equity

High ROE: PRCH has a negative Return on Equity (-22.01%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Porch Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PRCH's short term assets ($601.8M) exceed its short term liabilities ($381.4M).

Long Term Liabilities: PRCH's short term assets ($601.8M) exceed its long term liabilities ($440.5M).


Debt to Equity History and Analysis

Debt Level: PRCH's net debt to equity ratio (53.2%) is considered high.

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


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PRCH has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PRCH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.2% each year


Discover healthy companies

Dividend

What is Porch Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate PRCH'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 PRCH's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PRCH has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.4yrs

Average management tenure


CEO

Matt Ehrlichman (41 yo)

1.5yrs

Tenure

US$1,272,840

Compensation

Mr. Matthew Ehrlichman, also known as Matt, is Founder of Porch Group, Inc. and has been its Chief Executive Officer and Chairman since December 23, 2020. Prior to founding Porch in 2011, he was Chief Stra...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD1.27M) is about average for companies of similar size in the US market ($USD1.73M).

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


Leadership Team

Experienced Management: PRCH's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: PRCH's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: PRCH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Porch Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Porch Group, Inc.
  • Ticker: PRCH
  • Exchange: NasdaqCM
  • Founded: 2011
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$289.480m
  • Shares outstanding: 99.14m
  • Website: https://porchgroup.com

Number of Employees


Location

  • Porch Group, Inc.
  • 2200 1st Avenue South
  • Suite 300
  • Seattle
  • Washington
  • 98134
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.