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43.21 (1y: +1%)
Market Cap 2.34 B P/E(ttm) 21.70
Enterprise Value 2.48 B P/B 1.30
MCY- NYSE (USA)
Mercury General Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$43.21
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GuruFocus Financial Strength Rank measures how strong a companyย’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 1.13
MCY's Cash to Debt is ranked higher than
60% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.70 vs. MCY: 1.13 )
MCY' s 10-Year Cash to Debt Range
Min: 0.03   Max: 1.51
Current: 1.13
0.03
1.51
Equity to Asset 0.44
MCY's Equity to Asset is ranked higher than
87% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.24 vs. MCY: 0.44 )
MCY' s 10-Year Equity to Asset Range
Min: 0.38   Max: 0.48
Current: 0.44
0.38
0.48
Interest Coverage 87.7
MCY's Interest Coverage is ranked higher than
78% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 10.60 vs. MCY: 87.7 )
MCY' s 10-Year Interest Coverage Range
Min: 14   Max: 98
Current: 87.7
14
98
F-Score: 6
Z-Score: 1.93
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 7/10

vs
industry		 vs
history
Operating margin (%) 4.90
MCY's Operating margin (%) is ranked higher than
58% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.10 vs. MCY: 4.90 )
MCY' s 10-Year Operating margin (%) Range
Min: -18.7   Max: 18.3
Current: 4.9
-18.7
18.3
Net-margin (%) 4.2
MCY's Net-margin (%) is ranked higher than
60% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 5.30 vs. MCY: 4.2 )
MCY' s 10-Year Net-margin (%) Range
Min: -10   Max: 12.9
Current: 4.2
-10
12.9
ROE (%) 6.3
MCY's ROE (%) is ranked higher than
66% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.20 vs. MCY: 6.3 )
MCY' s 10-Year ROE (%) Range
Min: -16.2   Max: 22.8
Current: 6.3
-16.2
22.8
ROA (%) 2.8
MCY's ROA (%) is ranked higher than
76% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.60 vs. MCY: 2.8 )
MCY' s 10-Year ROA (%) Range
Min: -6.1   Max: 9.5
Current: 2.8
-6.1
9.5
ROC (Joel Greenblatt) (%) 3601.50
MCY's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: 3601.50 )
MCY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -288.3   Max: 3601.5
Current: 3601.5
-288.3
3601.5
Revenue Growth (%) -2.7
MCY's Revenue Growth (%) is ranked lower than
62% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 3.10 vs. MCY: -2.7 )
MCY' s 10-Year Revenue Growth (%) Range
Min: -5.3   Max: 15.2
Current: -2.7
-5.3
15.2
EBITDA Growth (%) -26.9
MCY's EBITDA Growth (%) is ranked lower than
66% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: -26.9 )
MCY' s 10-Year EBITDA Growth (%) Range
Min: -50.3   Max: 70.6
Current: -26.9
-50.3
70.6
EPS Growth (%) -26.6
MCY's EPS Growth (%) is ranked lower than
64% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: -26.6 )
MCY' s 10-Year EPS Growth (%) Range
Min: -26.6   Max: 39.9
Current: -26.6
-26.6
39.9
ยป MCY's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

MCY Guru Trades in Q2 2012

Steven Cohen 6,231 sh (New)
Jim Simons 88,300 sh (+86.29%)
Paul Tudor Jones 8,800 sh (+69.23%)
PRIMECAP Management 203,900 sh (+50.37%)
Chuck Royce 217,300 sh (+18.74%)
Meridian Funds 11,345 sh (unchged)
Jeff Auxier 11,500 sh (unchged)
Bruce Berkowitz Sold Out
» More
Q3 2012

MCY Guru Trades in Q3 2012

Jim Simons 162,900 sh (+84.48%)
Jeff Auxier 16,745 sh (+45.61%)
PRIMECAP Management 281,600 sh (+38.11%)
Paul Tudor Jones 9,900 sh (+12.5%)
Chuck Royce 217,400 sh (+0.05%)
Meridian Funds Sold Out
Steven Cohen Sold Out
» More
Q4 2012

MCY Guru Trades in Q4 2012

Steven Cohen 28,111 sh (New)
PRIMECAP Management 281,600 sh (unchged)
Jeff Auxier 16,745 sh (unchged)
Chuck Royce 203,900 sh (-6.21%)
Jim Simons 125,900 sh (-22.71%)
Paul Tudor Jones 5,800 sh (-41.41%)
» More
Q1 2013

MCY Guru Trades in Q1 2013

Louis Moore Bacon 31,299 sh (New)
Jim Simons 468,400 sh (+272.04%)
Paul Tudor Jones 13,600 sh (+134.48%)
PRIMECAP Management 281,600 sh (unchged)
Jeff Auxier 16,745 sh (unchged)
Steven Cohen Sold Out
Chuck Royce 196,200 sh (-3.78%)
» More
» Details

Insider Trades

Latest Guru Trades with MCY

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2012-09-30 Sold Out 0.02%$36.14 - $42.13 $ 43.3211%0
PRIMECAP Management 2012-09-30 Add 38.11%$36.14 - $42.13 $ 43.3211%281600
Bruce Berkowitz 2012-06-30 Sold Out 0.04%$41.27 - $45.71 $ 43.32-1%0
PRIMECAP Management 2012-06-30 Add 50.37%$41.27 - $45.71 $ 43.32-1%203900
Jean-Marie Eveillard 2012-03-31 Sold Out 0.05%$42.88 - $45.63 $ 43.325%0
Bruce Berkowitz 2012-03-31 New Buy0.04%$42.88 - $45.63 $ 43.325%70900
Jean-Marie Eveillard 2011-12-31 Reduce -43.01%0.03%$37.32 - $46.44 $ 43.321%226845
Ray Dalio 2011-09-30 Sold Out 0.0037%$33.86 - $39.93 $ 43.3214%0
Jean-Marie Eveillard 2011-03-31 Add 128.21%0.04%$37.54 - $43.66 $ 43.326%398045
Robert Rodriguez 2010-12-31 Sold Out 4%$40.82 - $44.79 $ 43.320%0
PRIMECAP Management 2010-09-30 New Buy0.01%$38.44 - $44.12 $ 43.326%160000
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 21.60
MCY's P/E(ttm) is ranked lower than
53% of the 135 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 13.80 vs. MCY: 21.60 )
MCY' s 10-Year P/E(ttm) Range
Min: 5.12   Max: 34.92
Current: 21.6
5.12
34.92
P/B 1.30
MCY's P/B is ranked higher than
53% of the 150 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.09 vs. MCY: 1.30 )
MCY' s 10-Year P/B Range
Min: 0.83   Max: 2.92
Current: 1.3
0.83
2.92
P/S 0.80
MCY's P/S is ranked higher than
75% of the 158 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.11 vs. MCY: 0.80 )
MCY' s 10-Year P/S Range
Min: 0.51   Max: 1.76
Current: 0.8
0.51
1.76
PFCF 15.10
MCY's PFCF is ranked lower than
59% of the 124 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 7.71 vs. MCY: 15.10 )
MCY' s 10-Year PFCF Range
Min: 5.57   Max: 157.24
Current: 15.1
5.57
157.24
EV-to-EBIT 20
MCY's EV-to-EBIT is ranked lower than
63% of the 119 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 11.19 vs. MCY: 20 )
MCY' s 10-Year EV-to-EBIT Range
Min: 3.8   Max: 50.4
Current: 20
3.8
50.4
Shiller P/E 15.6
MCY's Shiller P/E is ranked lower than
100% of the Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: vs. MCY: 15.6 )
MCY' s 10-Year Shiller P/E Range
Min: 7.13   Max: 21.02
Current: 15.6
7.13
21.02

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 5.70
MCY's Dividend Yield is ranked higher than
96% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.92 vs. MCY: 5.70 )
MCY' s 10-Year Dividend Yield Range
Min: 2.16   Max: 9.86
Current: 5.7
2.16
9.86
Dividend Payout 1.2207
MCY's Dividend Payout is ranked lower than
60% of the 109 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.40 vs. MCY: 1.2207 )
MCY' s 10-Year Dividend Payout Range
Min: 0.28   Max: 1.15
Current: 1.22
0.28
1.15
Dividend growth (3y) 1.2
MCY's Dividend growth (3y) is ranked higher than
82% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: 1.2 )
MCY' s 10-Year Dividend growth (3y) Range
Min: 1   Max: 9.8
Current: 1.2
1
9.8
Yield on cost (5-Year) 6.11
MCY's Yield on cost (5-Year) is ranked higher than
93% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.06 vs. MCY: 6.11 )
MCY' s 10-Year Yield on cost (5-Year) Range
Min: 2.32   Max: 10.57
Current: 6.11
2.32
10.57
Share Buyback Rate 0.1
MCY's Share Buyback Rate is ranked higher than
76% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: 0.1 )
MCY' s 10-Year Share Buyback Rate Range
Min: 0.1   Max: -0.2
Current: 0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10
MCY's Price/Net Current Asset Value is ranked lower than
63% of the 106 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.00 vs. MCY: 10 )
MCY' s 10-Year Price/Net Current Asset Value Range
Min: 9.2   Max: 18.4
Current: 10
9.2
18.4
Price/Tangible Book 1.4
MCY's Price/Tangible Book is ranked higher than
55% of the 145 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.10 vs. MCY: 1.4 )
MCY' s 10-Year Price/Tangible Book Range
Min: 1.2   Max: 2.3
Current: 1.4
1.2
2.3
Price/DCF (Projected) 0.9
MCY's Price/DCF (Projected) is ranked lower than
61% of the 82 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.60 vs. MCY: 0.9 )
MCY' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 0.9
Current: 0.9
0.4
0.9
Price/Median PS Value 0.9
MCY's Price/Median PS Value is ranked higher than
78% of the 145 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.10 vs. MCY: 0.9 )
MCY' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.8
Current: 0.9
0.7
1.8
Price/Graham Number 1.1
MCY's Price/Graham Number is ranked lower than
64% of the 124 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.80 vs. MCY: 1.1 )
MCY' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.6
Current: 1.1
0.6
1.6
Earnings Yield (Greenblatt) 5.00
MCY's Earnings Yield (Greenblatt) is ranked higher than
59% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.70 vs. MCY: 5.00 )
MCY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2   Max: 26.6
Current: 5
2
26.6
Forward Rate of Return (Yacktman) 3.55
MCY's Forward Rate of Return (Yacktman) is ranked higher than
72% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. MCY: 3.55 )
MCY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 3.9   Max: 127.3
Current: 3.55
3.9
127.3

Business Description

Mercury General Corporation is a California Corporation. It operates as an insurance holding company. The Company and its subsidiaries are engaged mainly in writing automobile insurance in a number of states, mainly California. The Company also writes homeowners, mechanical breakdown, fire, umbrella, and commercial automobile and property insurance. The Company offers automobile policyholders the following types of coverage: bodily injury liability, underinsured and uninsured motorist, personal injury protection, property damage liability, comprehensive, collision and other hazards. The Company sets its own automobile insurance premium rates, subject to rating regulations issued by the Departments of Insurance or similar governmental agencies of the applicable states. In addition, the Company offers mechanical breakdown insurance in many states and homeowners insurance in Florida, Illinois, Oklahoma, New York, Georgia, Texas, and Arizona. The Company offers standard, non-standard, and preferred private passenger automobile insurance. The Company conducts the majority of claims processing without the assistance of outside adjusters. The claims staff administer all claims and direct all legal and adjustment aspects of claims processing. The Company sells its policies through approximately 6700 independent agents and brokers, of which over 1,200 are located in each of California and Florida. The remaining agents are located in Georgia, Illinois, Texas, Oklahoma, New York, New Jersey, Virginia, Pennsylvania, Arizona, Nevada, and Michigan. The Company operates in the highly competitive property-casualty industry subject to competition on pricing, claims, consumer recognition, coverage offered and other product features, customer service, and geographic coverage. The Company is subject to significant regulation and supervision by the Departments of Insurance of each state in which the Company operates.
Company Website
SEC Reports
Industry: Insurance - Property & Casualty
Compare:RLI, TRV, MBI, QBIEY, TKOMY
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