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Palomar Holdings, Inc. (PLMR)

POSITIVE
Financial ServicesInsurance - Property & CasualtyUnited States

Fundamental

76

Price

$130.52

Market Cap

$3.53B

Part 1 · What the company is worth

Overview

Palomar Holdings, Inc., a specialty insurance company, provides property and casualty insurance to individuals and businesses in the United States. The company offers personal and commercial specialty insurance products, including residential and commercial earthquake; fronting; and inland marine and other property products, such as inland marine, Hawaii hurricane, excess national property, residential flood, and other property products, as well as assumed reinsurance and crop insurance products. It markets and distributes its products through retail agents, program administrators, wholesale brokers, and strategic partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.

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Direct competitors

Who this company fights with for the same customers

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Balance Sheet & Liquidity

Revenue

$1.09B

Trailing 12 months (through 6/30/2026)

Net Income

$203M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$409M

Total Equity

$943M

Total Liabilities

$2.11B

Current Ratio

-

Interest Coverage

-

Debt/EBITDA

1.02

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Undervalued

Fair Value

$682.21

Current Price

$130.52

Margin of Safety

+80.9%

Fair Value Range

$443.44 - $920.99

Estimation Methods

Analyst Target:$163.17
DCF:$1698.73
PE-based:$96.39
Graham Growth:$383.01
EPV:$95.18
Analyst Consensus:Strong Buy (12B / 3H / 0S)
Last Earnings Surprise:+6.18%

Valuation Metrics

P/E Ratio

17.90

ROE

20.9%

P/B Ratio

3.57

P/FCF

8.44

Gross Margin

-

ROIC

-

Profitability Radar

Value Creation (Economic Moat)

ROIC

-

WACC

7.4%

ROIC − WACC

-

Fundamental Analysis Criteria

Passed (17)

  • EPS shows upward trend
  • EPS CAGR 54.57%
  • Price CAGR 14.48%
  • P/FCF 8.44
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 21.6%
  • Revenue Growth 5Y 39.0%
  • Analyst Consensus 80% Buy
  • Earnings Surprise avg 8.9%
  • PEG Ratio 0.17
  • Earnings Quality (OCF/NI) 2.04
  • Piotroski F-Score 5/9

Failed (5)

  • P/B Ratio 3.57
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Share Dilution 4.7%
  • Net Margin Trend 18.6% vs 22.7%

Unavailable (6)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Current Ratio
  • Interest Coverage

Piotroski F-Score

5/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

2.04

High quality: earnings backed by cash

Share Dilution

4.7%

Issuing new shares, diluting ownership

Governance

Executive Team

NameTitleAge
Mr. D. McDonald ArmstrongFounder, CEO & Chairman of the Board-
Mr. Jon Marcus ChristiansonPresident45
Mr. Rodolphe HerveChief Operating Officer47
Mr. Jonathan Blake KnutzenChief Risk Officer53
Mr. James LongChief Technology Officer-
Ms. Angela Leann GrantChief Legal Officer & Corporate Secretary56
Mr. Timothy T. CarterChief People Officer56
Mr. Kyle MorganChief Strategy Officer-
Mr. Jake ArmstrongExecutive VP and Head of Marine & Property-
Mr. Robert BeyerleChief Underwriting Officer-

Audit Risk

2

Board Risk

6

Compensation Risk

2

Shareholder Rights Risk

7

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for PLMR, sourced from Markets Gazette.

No recent news for PLMR.