MCY
Mercury General Corp
Price:  
48.06 
USD
Volume:  
248,495.00
United States | Insurance
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

MCY Fair Value

-9.44 %
Upside

As of 2024-02-29, the Fair Value of Mercury General Corp (MCY) is 43.52 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 48.06 USD, the upside of Mercury General Corp is -9.44%.

48.06 USD
Stock Price
43.52 USD
Fair Price
FAIR VALUE CALCULATION

MCY Fair Value

Peter Lynch's formula is:

MCY Fair Value
= Earnings Growth Rate x TTM EPS
MCY Fair Value
= 25.00 x 1.74
MCY Fair Value
= 43.52

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 320.10 374.60 247.90 -512.70 96.34 105.25
YoY growth 5,715.79% 17.03% -33.82% -306.82% 118.79% 1,102.19%

MCY Fair Value - Key Data

Market Cap (mil) 2,661.08
P/E 27.61x
Forward P/E 27.35x
EPS 1.74
Avg earnings growth rate 1,102.19%
TTM earnings 96.39