Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt No Debt
ERIE's Cash to Debt is ranked higher than
91% of the 361 Companies
in the Global Insurance Brokers industry.

( Industry Median: 3.62 vs. ERIE: No Debt )
ERIE' s 10-Year Cash to Debt Range
Min: 0.33   Max: No Debt
Current: No Debt

Equity to Asset 0.04
ERIE's Equity to Asset is ranked lower than
63% of the 402 Companies
in the Global Insurance Brokers industry.

( Industry Median: 0.27 vs. ERIE: 0.04 )
ERIE' s 10-Year Equity to Asset Range
Min: 0.04   Max: 0.47
Current: 0.04

0.04
0.47
Interest Coverage No Debt
ERIE's Interest Coverage is ranked higher than
97% of the 323 Companies
in the Global Insurance Brokers industry.

( Industry Median: 15.22 vs. ERIE: No Debt )
ERIE' s 10-Year Interest Coverage Range
Min: 9999.99   Max: 9999.99
Current: No Debt

F-Score: 7
Z-Score: 0.88
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 18.35
ERIE's Operating margin (%) is ranked higher than
69% of the 414 Companies
in the Global Insurance Brokers industry.

( Industry Median: 18.47 vs. ERIE: 18.35 )
ERIE' s 10-Year Operating margin (%) Range
Min: 7.42   Max: 29.41
Current: 18.35

7.42
29.41
Net-margin (%) 2.77
ERIE's Net-margin (%) is ranked higher than
51% of the 414 Companies
in the Global Insurance Brokers industry.

( Industry Median: 14.58 vs. ERIE: 2.77 )
ERIE' s 10-Year Net-margin (%) Range
Min: 2.54   Max: 21.83
Current: 2.77

2.54
21.83
ROE (%) 25.04
ERIE's ROE (%) is ranked higher than
94% of the 412 Companies
in the Global Insurance Brokers industry.

( Industry Median: 7.50 vs. ERIE: 25.04 )
ERIE' s 10-Year ROE (%) Range
Min: 7.51   Max: 30.42
Current: 25.04

7.51
30.42
ROA (%) 1.06
ERIE's ROA (%) is ranked higher than
61% of the 415 Companies
in the Global Insurance Brokers industry.

( Industry Median: 1.84 vs. ERIE: 1.06 )
ERIE' s 10-Year ROA (%) Range
Min: 1.02   Max: 9.89
Current: 1.06

1.02
9.89
Revenue Growth (%) 11.30
ERIE's Revenue Growth (%) is ranked higher than
86% of the 345 Companies
in the Global Insurance Brokers industry.

( Industry Median: 0.80 vs. ERIE: 11.30 )
ERIE' s 10-Year Revenue Growth (%) Range
Min: 4.5   Max: 67.8
Current: 11.3

4.5
67.8
EBITDA Growth (%) 19.10
ERIE's EBITDA Growth (%) is ranked higher than
85% of the 284 Companies
in the Global Insurance Brokers industry.

( Industry Median: -0.30 vs. ERIE: 19.10 )
ERIE' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 518.8
Current: 19.1

0
518.8
EPS Growth (%) 2.60
ERIE's EPS Growth (%) is ranked higher than
74% of the 292 Companies
in the Global Insurance Brokers industry.

( Industry Median: -0.80 vs. ERIE: 2.60 )
ERIE' s 10-Year EPS Growth (%) Range
Min: -29.1   Max: 37.2
Current: 2.6

-29.1
37.2
» ERIE's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

ERIE Guru Trades in Q3 2013

Joel Greenblatt 5,296 sh (+20.04%)
Chuck Royce 1,003,100 sh (unchged)
Jim Simons 14,174 sh (-24.09%)
» More
Q4 2013

ERIE Guru Trades in Q4 2013

Jim Simons 20,271 sh (+43.02%)
Joel Greenblatt 5,857 sh (+10.59%)
Chuck Royce 939,600 sh (-6.33%)
» More
Q1 2014

ERIE Guru Trades in Q1 2014

Jim Simons 35,088 sh (+73.09%)
Chuck Royce 939,600 sh (unchged)
Joel Greenblatt Sold Out
» More
Q2 2014

ERIE Guru Trades in Q2 2014

Murray Stahl 10,433 sh (New)
Chuck Royce 939,600 sh (unchged)
Jim Simons 12,368 sh (-64.75%)
» More
» Details

Insider Trades

Latest Guru Trades with ERIE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-03-31 Sold Out 0.01%$66.63 - $74.57 $ 81.9716%0
Joel Greenblatt 2013-09-30 Add 20.04%$73.4 - $82.59 $ 81.976%5296
Joel Greenblatt 2012-12-31 New Buy0.02%$62.22 - $71.28 $ 81.9724%4017
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 24.30
ERIE's P/E(ttm) is ranked higher than
64% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 22.20 vs. ERIE: 24.30 )
ERIE' s 10-Year P/E(ttm) Range
Min: 14.13   Max: 54.51
Current: 24.3

14.13
54.51
P/B 5.68
ERIE's P/B is ranked lower than
64% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 1.42 vs. ERIE: 5.68 )
ERIE' s 10-Year P/B Range
Min: 2.06   Max: 6.06
Current: 5.68

2.06
6.06
P/S 0.68
ERIE's P/S is ranked higher than
95% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 3.31 vs. ERIE: 0.68 )
ERIE' s 10-Year P/S Range
Min: 0.49   Max: 3.38
Current: 0.68

0.49
3.38
PFCF 5.55
ERIE's PFCF is ranked higher than
93% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 9999.00 vs. ERIE: 5.55 )
ERIE' s 10-Year PFCF Range
Min: 2.44   Max: 295.82
Current: 5.55

2.44
295.82
EV-to-EBIT 9.00
ERIE's EV-to-EBIT is ranked higher than
90% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 22.56 vs. ERIE: 9.00 )
ERIE' s 10-Year EV-to-EBIT Range
Min: 6.4   Max: 27.2
Current: 9

6.4
27.2
PEG 0.93
ERIE's PEG is ranked higher than
94% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 9999.00 vs. ERIE: 0.93 )
ERIE' s 10-Year PEG Range
Min: 1.04   Max: 5.28
Current: 0.93

1.04
5.28
Shiller P/E 29.83
ERIE's Shiller P/E is ranked higher than
72% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 49.49 vs. ERIE: 29.83 )
ERIE' s 10-Year Shiller P/E Range
Min: 9.9   Max: 31.81
Current: 29.83

9.9
31.81

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.10
ERIE's Dividend Yield is ranked higher than
60% of the 324 Companies
in the Global Insurance Brokers industry.

( Industry Median: 2.75 vs. ERIE: 3.10 )
ERIE' s 10-Year Dividend Yield Range
Min: 1.62   Max: 6.08
Current: 3.1

1.62
6.08
Dividend Payout 0.74
ERIE's Dividend Payout is ranked higher than
65% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 0.90 vs. ERIE: 0.74 )
ERIE' s 10-Year Dividend Payout Range
Min: 0.21   Max: 6.29
Current: 0.74

0.21
6.29
Dividend growth (3y) 7.30
ERIE's Dividend growth (3y) is ranked higher than
79% of the 219 Companies
in the Global Insurance Brokers industry.

( Industry Median: 0.20 vs. ERIE: 7.30 )
ERIE' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 44.1
Current: 7.3

0
44.1
Yield on cost (5-Year) 4.39
ERIE's Yield on cost (5-Year) is ranked higher than
76% of the 327 Companies
in the Global Insurance Brokers industry.

( Industry Median: 2.88 vs. ERIE: 4.39 )
ERIE' s 10-Year Yield on cost (5-Year) Range
Min: 2.29   Max: 8.61
Current: 4.39

2.29
8.61
Share Buyback Rate 2.40
ERIE's Share Buyback Rate is ranked higher than
92% of the 301 Companies
in the Global Insurance Brokers industry.

( Industry Median: -0.70 vs. ERIE: 2.40 )
ERIE' s 10-Year Share Buyback Rate Range
Min: 5.8   Max: 0
Current: 2.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 5.69
ERIE's Price/Tangible Book is ranked lower than
62% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 1.90 vs. ERIE: 5.69 )
ERIE' s 10-Year Price/Tangible Book Range
Min: 2.19   Max: 8.14
Current: 5.69

2.19
8.14
Price/DCF (Projected) 0.46
ERIE's Price/DCF (Projected) is ranked higher than
92% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 4.10 vs. ERIE: 0.46 )
ERIE' s 10-Year Price/DCF (Projected) Range
Min: 0.42   Max: 1.74
Current: 0.46

0.42
1.74
Price/Median PS Value 0.54
ERIE's Price/Median PS Value is ranked higher than
96% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 1.20 vs. ERIE: 0.54 )
ERIE' s 10-Year Price/Median PS Value Range
Min: 0.41   Max: 4
Current: 0.54

0.41
4
Price/Peter Lynch Fair Value 1.17
ERIE's Price/Peter Lynch Fair Value is ranked higher than
90% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 9999.00 vs. ERIE: 1.17 )
ERIE' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.55   Max: 5.26
Current: 1.17

0.55
5.26
Price/Graham Number 1.17
ERIE's Price/Graham Number is ranked higher than
68% of the 444 Companies
in the Global Insurance Brokers industry.

( Industry Median: 1.60 vs. ERIE: 1.17 )
ERIE' s 10-Year Price/Graham Number Range
Min: 0.52   Max: 3.37
Current: 1.17

0.52
3.37
Earnings Yield (Greenblatt) 11.10
ERIE's Earnings Yield (Greenblatt) is ranked higher than
82% of the 326 Companies
in the Global Insurance Brokers industry.

( Industry Median: 6.90 vs. ERIE: 11.10 )
ERIE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 15.7
Current: 11.1

3.7
15.7
Forward Rate of Return (Yacktman) 28.20
ERIE's Forward Rate of Return (Yacktman) is ranked higher than
92% of the 335 Companies
in the Global Insurance Brokers industry.

( Industry Median: 4.81 vs. ERIE: 28.20 )
ERIE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.3   Max: 30.7
Current: 28.2

4.3
30.7

Business Description

Industry: Brokers & Exchanges » Insurance Brokers
Compare:BRO, AON, WSH, MMC, NFP » details
Erie Indemnity Company is a Pennsylvania corporation incorporated in, 1925. The Company's main function is to perform certain services for the Exchange relating to sales, underwriting and issuance of policies on behalf of the Exchange. This is done in accordance with a subscribers agreement (a limited power of attorney) executed by each subscriber (policyholder), appointing the Company as their common attorney-in-fact to transact business on their behalf and to manage their affairs at the Exchange. The Company operates its business as four reportable segments — management operations, property and casualty insurance operations, life insurance operations and investment operations. It generates internal management fee revenue, which accrues to the Indemnity shareholder interest, as Indemnity provides services to the Exchange relating to the sales, underwriting and issuance of policies. The Property and Casualty Group generates revenue by insuring preferred and standard risks, with personal lines comprising 72% of the 2012 direct written premiums and commercial lines comprising the remaining 28%. Its life insurance operations generate revenue from the sale of individual and group life insurance policies and fixed annuities. These products are offered through its property and casualty insurance agency force to provide an opportunity to cross-sell both personal and commercial accounts. Its investment operations generate revenue from its fixed maturity, equity security and alternative investment portfolios. The portfolios are managed with the objective of maximizing after-tax returns on a risk-adjusted basis. Property and casualty insurers are subject to extensive supervision in the states in which they do business. Property and casualty insurers generally compete on the basis of customer service, price, consumer recognition, coverages offered, claims handling, financial stability and geographic coverage. Property and casualty insurers are subject to supervision and regulation in the states in which they transact business.
» More Articles for ERIE

Headlines

Articles On GuruFocus.com
7 Dividend Stocks Headed in the Right Direction Apr 23 2014 
7 Dividend Stocks Providing Positive Feedback with Higher Dividends Dec 09 2013 
6 Dividend Growth Stocks with Very Little Debt Sep 25 2013 
My 4 Favorite Dividend Hikers with Over 20% ROE and High Return on Investments Sep 20 2013 
4 Good Dividend Growth Stocks with Little Debt and Top Yields Sep 13 2013 
7 Dividend Stocks with Room to Increase Their Payout Jan 23 2013 
My Favorites from the 20 Best Buy-Rated Dividend Achievers Nov 28 2012 
This Company Delivers Dividend Increases, Not Bad Emails Nov 26 2012 
Erie Indemnity Co. Dividend Stock Analysis Oct 26 2012 
The Best Dividend Contenders by Free Cash Flow Aug 09 2012 


More From Other Websites
Today's Thorns, Roses, and All Time Highs... Oct 20 2014
Erie Insurance now offers car, home and life insurance in Kentucky Oct 20 2014
Erie Indemnity to host third quarter 2014 conference call and webcast Oct 08 2014
Erie Insurance launches annual teen safe driving contest, will award a total of $20,000 in cash and... Sep 18 2014
Erie Indemnity Reaches 52-Week High on Strong Q2 Results Sep 03 2014
Ranking P&C Reserving Conservatism Aug 20 2014
Erie Insurance ranked highest on J.D. Power's Small Business Commercial Insurance Study two years in... Aug 12 2014
ERIE INDEMNITY CO Financials Aug 08 2014
Erie Indemnity Company Q2 Earnings in Line, Revenues Beat Aug 04 2014
ERIE INDEMNITY CO Files SEC form 8-K, Results of Operations and Financial Condition, Other Events Jul 31 2014
Erie Indemnity Reports Second Quarter 2014 Results Jul 31 2014
Q2 2014 Erie Indemnity Co Earnings Release - After Market Close Jul 31 2014
Erie Insurance named to Ward's 50 for seventh straight year Jul 16 2014
Erie Indemnity to host second quarter 2014 conference call and webcast Jul 09 2014
Gordon Clemons, the Chairman and CEO of CorVel Corporation (CRVL), Interviews with The Wall Street... Jun 06 2014
Erie Insurance climbs 39 spots on the FORTUNE 500 Jun 05 2014
CNinsure Shares Surge on Solid Q1 Earnings May 23 2014
Moving Average Crossover Alert: Erie Indemnity (ERIE) May 21 2014
Will Erie Indemnity (ERIE) Crush Estimates at Its Next Earnings Report? May 13 2014
What's in a name? Erie Insurance ranks government's annual list of top 10 most popular baby names by... May 12 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK