MCY - NYSE
Mercury General Corporation
$96.74
-0.48%Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.
At a Glance
Live SnapshotMercury General Corporation Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
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 | $1.1B | $1.2B | $1.2B | $1.3B | $1.3B | $1.4B | $1.4B | $1.5B | $1.5B | $1.6B |
| Maintenance CapEx | -$12.1M | -$12.6M | -$13.1M | -$13.6M | -$14.1M | -$14.6M | -$15.2M | -$15.8M | -$16.4M | -$17.0M |
| Owner Earnings | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B | $1.3B | $1.4B | $1.5B | $1.5B | $1.6B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $1.0B | $993.7M | $955.2M | $918.1M | $882.5M | $848.3M | $815.4M | $783.8M | $753.4M | $724.2M |
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