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MERCER INSURANCE GROUP INC (MIGP) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $28.22 Metrics
OS: 6.34 M
Market cap: $179 M
Net cash: $16.3 M $2.58 per share
EV: $163 M

 
TTM Valuation
EBITDA $22.5 M 7.2 x EV/EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
Revenues153.6157.3161.5161.7149.981.30.650.7
            Revenue growth-2.4%-2.6%-0.1%7.8%84.5%14057.8%-98.9%18.9%
Cost of goods sold10.512.112.910.513.210.81.08.6
Gross profit143.1145.2148.6151.2136.770.5-0.442.1
            Gross margin93.2%92.3%92.0%93.5%91.2%86.8%-69.3%83.1%
Selling, general and administrative0.00.00.00.00.00.00.00.0
EBIT22.520.311.721.216.310.33.10.8
            EBIT margin14.7%12.9%7.3%13.1%10.9%12.6%540.8%1.5%
Pre-tax income20.818.910.420.015.110.0-0.40.8
Income taxes6.15.02.25.84.42.9-0.20.2
            Tax rate29.2%26.7%20.8%28.8%29.5%29.5%40.2%23.0%
Net income14.713.88.214.210.67.03.30.6
            Net margin9.6%8.8%5.1%8.8%7.1%8.6%568.6%1.2%
 
Diluted EPS$2.28$2.18$1.30$2.25$1.71$1.14  
Shares outstanding (diluted)6.56.36.36.36.26.2  
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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