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FIRST MERCURY FINANCIAL CORP (FMR) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $16.50 Metrics
OS: 17.8 M 5 % ROE
Market cap: $293 M 2 % ROIC
Net cash: $605 M $34.10 per share
EV:

 
TTM Valuation
EBITDA $35.7 M -8.8 x EV/EBITDA
EBIT $31.6 M -9.9 x EV/EBIT
EPS $0.90 18.4 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Aug-16-05Dec-31-04
Revenues320.7215.7191.4127.355.575.399.5
            Revenue growth48.7%12.7%50.4%129.4%-44.3%  
Cost of goods sold250.1185.4129.883.341.149.270.2
Gross profit70.630.361.644.014.426.029.4
            Gross margin22.0%14.0%32.2%34.6%25.9%34.6%29.5%
Selling, general and administrative2.22.00.70.70.40.70.6
EBITA72.932.362.344.714.826.830.0
            EBITA margin22.7%15.0%32.5%35.1%26.7%35.6%30.1%
Amortization of intangibles2.22.00.70.70.40.70.6
EBIT70.630.361.644.014.426.029.4
            EBIT margin22.0%14.0%32.2%34.6%25.9%34.6%29.5%
Pre-tax income65.324.256.627.410.724.827.7
Income taxes21.06.418.99.34.08.610.0
            Tax rate32.1%26.6%33.4%33.9%37.3%34.9%36.1%
Earnings from continuing ops44.417.737.718.16.716.117.7
Earnings from discontinued ops 23.14.13.7   
Net income44.440.841.721.96.716.117.7
            Net margin13.8%18.9%21.8%17.2%12.1%21.4%17.8%
 
Diluted EPS$2.50$0.95$2.03$1.31$0.56$0.80$1.05
Shares outstanding (diluted)17.718.718.613.812.020.116.9
 
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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