Erie Indemnity Company (ERIE) DCF Valuation
A discounted-cash-flow model isn't meaningful for Erie Indemnity Company (ERIE) — banks and insurers carry deposits and reserves that a FCF-to-firm model wrongly treats as debt, so they're valued on book value (P/B), return on equity (ROE) and P/E. See the metrics page for the sector-appropriate valuation ratios.
Current Price
$238.71
Market-Implied Growth
+9.2%/yr
vs +11.6% 5Y actual
Base-Case Model Value
—
Discounted Cash Flow
An editable DCF model isn't applicable to ERIE — banks and insurers are valued on book value (P/B), return on equity (ROE) and P/E, not a FCF-to-firm DCF.
About Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Timothy G. NeCastro