Old Republic International Corporation (ORI) — Fundamental Analysis & Key Financial Ratios

Kaplio overview: Old Republic International Corporation

Market cap $9B · 52 weeks $37 – $47 (15 % below the high) · P/E 8.3× · 2027 expected P/E 11.8× · Dividend 9.9 % · Next earnings January 28, 2027 · expected EPS $0.77 · Closing price, Oct 28 · accounts published Oct 22.

• Valuation: P/B 1.5× (justified).
• Business: 5-year op. margin 13.5 % (solid).
• Balance sheet: Debt/Equity 0.30 (passes, near the threshold).
• Earnings: 4 of 8 (uneven).

What would it be worth at its usual multiples?

At a P/B justified by its ROE del 18,6 % (2.0×) $49 (+29 %); at its peers' median (2.6×) $63 (+68 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

What matters in insurance: 3 of 5 pass

• Book Value / Share growth 3.2 %, fails.
• Dividend growth streak 2 años, fails.
• Op Margin 5y (Combined Ratio proxy) 13.5 %, passes.
• Debt / Equity 0.30, passes, near the threshold.
• P/B (Price / Book) 1.5×, passes.

Against its peers (reference peers) — Old Republic International Corporation: P/E 8.3×; P/B 1.6×; ROE 18.6 %; $9.1B. American Financial Group, Inc. (P/E 13.1×; P/B 2.6×; ROE 20.0 %; $12.5B), CNA Financial Corporation (P/E 10.6×; P/B 1.2×; ROE 12.0 %; $13.1B), RLI Corp. (P/E 14.9×; P/B 3.5×; ROE 22.5 %; $5.9B).

Expensive or cheap against its last ten fiscal years?

Precio / valor contable at each close: today 1.6× · median 1.2× · minimum 0.7× · maximum 2.1× · cheap below 1.1× · expensive above 1.6×. It has been cheaper than today 79% of the time over its last ten fiscal years.

Dividend

tight · Yield 9.9 % ($3.21 per share in 2025) · Years raising it 2 · 5-year growth +31 % a year · Free cash flow coverage payout 84 % · With $1,000 invested today you'd collect $99.00 a year ($8.25 a month).