HGTY - NYSE

Hagerty, Inc.

Hagerty, Inc.

HGTYยทNYSE

$10.09

-1.9%
Financial ServicesInsurance - Property & Casualty

Hagerty, Inc. provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts; HVT, a valuation tool used by the customer to access current and historic pricing data of collector car, truck, SUV, and motorcycle models; and Hagerty Events, an eclectic mix of small and large events. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles; Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events; and Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. The company is headquartered in Traverse City, Michigan.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$3.46B
EPS0.4400
P/E Ratio22.93
Earnings Date08/03/2026
Hagerty, Inc.

Hagerty, Inc. Fair Value Envelope

HGTY ยท NYSE

Our analysis suggests that HGTY has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $10.09, this represents a potential HIDDEN relative to our calculated worth for Hagerty, Inc..

HIDDEN
Intrinsic Value
Current Price: $10.09

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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$
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$
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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$20.8B
+ Cash & Equivalents$299.0M
Firm Value$21.1B
- Debt$232.6M
Equity Value$20.8B
/ Shares Outstanding343,300,785B
DCF Value$61
UNDERVALUED BY 502%

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
$273.5M
$341.6M
$426.7M
$533.0M
$665.7M
$831.5M
$1.0B
$1.3B
$1.6B
$2.0B
Maintenance CapEx
-$6.1M
-$7.7M
-$9.6M
-$11.9M
-$14.9M
-$18.6M
-$23.3M
-$29.1M
-$36.3M
-$45.4M
Owner Earnings
$267.4M
$334.0M
$417.2M
$521.1M
$650.8M
$812.9M
$1.0B
$1.3B
$1.6B
$2.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$247.6M
$286.3M
$331.2M
$383.0M
$442.9M
$512.3M
$592.4M
$685.2M
$792.4M
$916.5M
Terminal Value represents 75.0% of Enterprise Value

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