ProAssurance Corporation

ProAssurance Corporation

PRAยทNYSE

$24.42

+1.8%
Financial ServicesInsurance - Property & Casualty

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.

At a Glance

Live Snapshot
Market Cap$1.26B
EPS0.9900
P/E Ratio24.67
Earnings Date08/04/2026
ProAssurance Corporation

ProAssurance Corporation Fair Value Envelope

PRA ยท NYSE

Our analysis suggests that PRA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.42, this represents a potential HIDDEN relative to our calculated worth for ProAssurance Corporation.

Intrinsic Value
Current Price: $24.42

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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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-$24.4M
+ Cash & Equivalents$36.5M
Firm Value$12.1M
- Debt$446.5M
Equity Value-$434.3M
/ Shares Outstanding51,413,643B
DCF Value-$8
OVERVALUED BY 135%

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
-$13.3M
-$6.9M
-$3.6M
-$1.9M
-$966.5K
-$501.8K
-$260.5K
-$135.3K
-$70.2K
-$36.5K
Maintenance CapEx
-$373.6K
-$194.0K
-$100.7K
-$52.3K
-$27.1K
-$14.1K
-$7.3K
-$3.8K
-$2.0K
-$1.0K
Owner Earnings
-$13.7M
-$7.1M
-$3.7M
-$1.9M
-$993.6K
-$515.9K
-$267.8K
-$139.1K
-$72.2K
-$37.5K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$12.7M
-$6.1M
-$2.9M
-$1.4M
-$676.2K
-$325.1K
-$156.3K
-$75.1K
-$36.1K
-$17.4K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.