MC

Mercury General CorpNYSE MCY Stock Report

Last reporting period 30 Sep, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

3.584

Middle

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Mercury Fair Value

MC

The fair market value of MCY stock is 92.93 USD. Relative to the market price of 73.85 USD Mercury is undervalued by 25.8%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Undervalued 25.8%
92.93 USD
MCY Fair Value
73.85 USD
Market price of MCY

Mercury Valuation

Current MCY share ticker price is 73.85 USD.

The fair value level of 92.93 USD can be considered as an effective entry point for long-term investors to start investing in MCY stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 26% lower its fair value

Min value

Current price is 8% higher its minimum value

Max value

Current price is 137% lower its maximum value

09.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

MCY stock is undervalued

It means the current price may concern as a Moderate Risk Entry Point

Mercury General Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

17.36

2

Median P/E over 5 years

9.22

3

Minimum P/E over 5 years

6.71

4

Earning per share (last 12 months)

10.08 USD

Maximum value

1

x

4

=

174.99 USD

Fair value

2

x

4

=

92.93 USD

Minimum value

3

x

4

=

67.62 USD

Mercury General Corp price metrics

6.78

Annual return (geometric mean)

34.2

Risk (standard deviation) of returns

β

0.85

Beta (volatility compared to market)

It means that MCY stock is less volatile than the broader market

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View Section: Profitability