Selective Operating Profit Margin vs Net Profit Margin Analysis
| SIGI Stock | USD 94.21 0.45 0.48% |
Selective Insurance financial indicator trend analysis is much more than just breaking down Selective Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selective Insurance is a good investment. Please check the relationship between Selective Insurance Operating Profit Margin and its Net Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Operating Profit Margin vs Net Profit Margin
Operating Profit Margin vs Net Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selective Insurance Operating Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have totally related.
The correlation between Selective Insurance's Operating Profit Margin and Net Profit Margin is 1.0. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Selective Insurance Group, assuming nothing else is changed. The correlation between historical values of Selective Insurance's Operating Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Selective Insurance Group are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Operating Profit Margin i.e., Selective Insurance's Operating Profit Margin and Net Profit Margin go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Profit Margin
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Most indicators from Selective Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selective Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Selective Insurance's Enterprise Value Over EBITDA is increasing as compared to previous years. The Selective Insurance's current Enterprise Value Multiple is estimated to increase to 168.78, while Discontinued Operations is projected to decrease to (3.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.4B | 38K | 4.2B | 4.4B | Interest Expense | 29.2M | 28.8M | 28.8M | 16.9M |
Selective Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Selective Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Selective Insurance fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 8.8B | 9.7B | 10.5B | 10.8B | 11.8B | 12.4B | |
| Short Long Term Debt Total | 550.6M | 550.7M | 506M | 504.7M | 503.9M | 283.8M | |
| Total Stockholder Equity | 2.2B | 2.7B | 3.0B | 2.5B | 3.0B | 3.1B | |
| Retained Earnings | 2.1B | 2.3B | 2.6B | 2.7B | 3.0B | 3.2B | |
| Other Assets | (5.6B) | (5.9B) | (5.9B) | 2.8B | 11.4B | 11.9B | |
| Common Stock Shares Outstanding | 60.0M | 60.3M | 60.7M | 60.9M | 61.0M | 61.1M | |
| Liabilities And Stockholders Equity | 8.8B | 9.7B | 10.5B | 10.8B | 11.8B | 12.4B | |
| Non Current Liabilities Total | 550.6M | 577.8M | 519.4M | 8.2B | 533.6M | 728.2M | |
| Other Stockholder Equity | (174.3M) | (160.9M) | (144.6M) | (133.8M) | (112.5M) | (118.1M) | |
| Total Liab | 550.6M | 577.8M | 519.4M | 8.3B | 8.8B | 9.3B | |
| Other Current Liab | (42.6M) | (47.7M) | (2.4M) | (169.2M) | (1.6M) | (1.5M) | |
| Total Current Liabilities | 16.1M | 11.0M | 7.2M | 59.8M | 9.0M | 8.6M | |
| Property Plant And Equipment Net | 77.4M | 77.7M | 82.1M | 84.3M | 83.3M | 61.2M | |
| Non Current Assets Total | 6.6B | 7.3B | 7.6B | 264.9M | 11.1M | 10.6M | |
| Non Currrent Assets Other | (4.9M) | (2.2M) | (4.5M) | (7.2B) | (8.1B) | (7.7B) | |
| Net Receivables | 1.4B | 1.5B | 1.6B | 1.9B | 2.0B | 2.1B | |
| Property Plant And Equipment Gross | 64.0M | 65.2M | 77.4M | 77.7M | 89.4M | 58.4M | |
| Total Current Assets | 7.8B | 8.3B | 8.8B | 7.7B | 421.3M | 400.2M | |
| Short Term Debt | 58.7M | 58.7M | 9.6M | 56.3M | 10.6M | 10.1M | |
| Intangible Assets | 271.2M | 288.6M | 326.9M | 368.6M | 424.9M | 446.1M | |
| Cash And Short Term Investments | 6.4B | 6.9B | 7.2B | 7.1B | 820.6M | 779.6M | |
| Common Stock Total Equity | 207.0M | 208.1M | 208.9M | 209.7M | 241.1M | 168.6M | |
| Short Term Investments | 6.4B | 6.9B | 7.2B | 7.1B | 820.4M | 779.4M | |
| Other Current Assets | 1.6B | 1.7B | 2.0B | 1.9B | 2.2B | 1.6B | |
| Accumulated Other Comprehensive Income | 81.8M | 220.2M | 115.1M | (498M) | (373.0M) | (354.4M) | |
| Common Stock | 207M | 208.1M | 208.9M | 209.7M | 210.4M | 170.8M | |
| Other Liab | 304.0M | 390.7M | 467.2M | 472.7M | 543.6M | 290.5M | |
| Long Term Debt | 550.6M | 550.7M | 500.6M | 501M | 501.3M | 389.5M | |
| Treasury Stock | (592.8M) | (599.9M) | (608.9M) | (627.3M) | (564.6M) | (592.8M) | |
| Property Plant Equipment | 77.4M | 77.7M | 82.1M | 84.3M | 97.0M | 65.6M | |
| Accounts Payable | 129.7M | 128.9M | 4.6B | 115.2M | 132.5M | 125.8M | |
| Net Tangible Assets | 2.2B | 2.5B | 2.8B | 2.3B | 2.7B | 1.9B | |
| Retained Earnings Total Equity | 2.1B | 2.3B | 2.6B | 2.7B | 3.2B | 1.8B | |
| Long Term Debt Total | 550.6M | 550.7M | 506.1M | 504.7M | 580.4M | 472.9M | |
| Capital Surpluse | 418.5M | 439.0M | 464.3M | 493.5M | 567.5M | 399.3M |
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Additional Information and Resources on Investing in Selective Stock
When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 1.3 | Earnings Share 5.67 | Revenue Per Share 72.438 | Quarterly Revenue Growth 0.165 |
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.