Selective Insurance Group Stock Cash Per Share

SIGI Stock  USD 102.00  2.20  2.20%   
Selective Insurance Group fundamentals help investors to digest information that contributes to Selective Insurance's financial success or failures. It also enables traders to predict the movement of Selective Stock. The fundamental analysis module provides a way to measure Selective Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Selective Insurance stock.
Last ReportedProjected for Next Year
Cash Per Share 13.12  12.33 
The current Cash Per Share is estimated to decrease to 12.33.
  
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Selective Insurance Group Company Cash Per Share Analysis

Selective Insurance's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Selective Insurance Cash Per Share

    
  4.80 X  
Most of Selective Insurance's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Selective Insurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Selective Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Selective Insurance is extremely important. It helps to project a fair market value of Selective Stock properly, considering its historical fundamentals such as Cash Per Share. Since Selective Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Selective Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Selective Insurance's interrelated accounts and indicators.
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Selective Cash Per Share Historical Pattern

Today, most investors in Selective Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Selective Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Selective Insurance cash per share as a starting point in their analysis.
   Selective Insurance Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Selective Common Stock Shares Outstanding

Common Stock Shares Outstanding

61.08 Million

As of now, Selective Insurance's Common Stock Shares Outstanding is increasing as compared to previous years.
In accordance with the recently published financial statements, Selective Insurance Group has a Cash Per Share of 4.8 times. This is 86.64% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The cash per share for all United States stocks is 4.19% higher than that of the company.

Selective Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Selective Insurance's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Selective Insurance could also be used in its relative valuation, which is a method of valuing Selective Insurance by comparing valuation metrics of similar companies.
Selective Insurance is currently under evaluation in cash per share category among its peers.

Selective Insurance Current Valuation Drivers

We derive many important indicators used in calculating different scores of Selective Insurance from analyzing Selective Insurance's financial statements. These drivers represent accounts that assess Selective Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Selective Insurance's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.9B4.0B5.0B5.4B6.2B6.5B
Enterprise Value4.5B4.6B5.5B5.9B6.7B7.1B

Selective Insurance ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Selective Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Selective Insurance's managers, analysts, and investors.
Environmental
Governance
Social

Selective Fundamentals

About Selective Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Selective Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selective Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selective Insurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

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 Selective Insurance Piotroski F Score and Selective Insurance Altman Z Score analysis.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
0.035
Dividend Share
1.4
Earnings Share
3.8
Revenue Per Share
77.534
Quarterly Revenue Growth
0.151
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.