ERIE - NASDAQ
Erie Indemnity Company
$207.24
+0.52%Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.
At a Glance
Live SnapshotErie Indemnity Company Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
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DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $806.0M | $946.2M | $1.1B | $1.3B | $1.5B | $1.8B | $2.1B | $2.5B | $2.9B | $3.4B |
| Maintenance CapEx | -$27.2M | -$31.9M | -$37.4M | -$43.9M | -$51.6M | -$60.5M | -$71.1M | -$83.4M | -$97.9M | -$114.9M |
| Owner Earnings | $778.9M | $914.3M | $1.1B | $1.3B | $1.5B | $1.7B | $2.0B | $2.4B | $2.8B | $3.3B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $721.2M | $783.8M | $852.0M | $926.0M | $1.0B | $1.1B | $1.2B | $1.3B | $1.4B | $1.5B |
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