Company Valuation: Primerica, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,053 5,233 7,209 9,058 8,246 8,944 - -
Change - -13.54% 37.76% 25.65% -8.96% 8.46% - -
Enterprise Value (EV) 6,645 5,233 7,209 9,058 8,246 8,944 8,944 8,944
Change - -21.25% 37.76% 25.65% -8.96% 8.46% 0% 0%
P/E 16.3x 14.6x 12.9x 19.8x 11.3x 11.5x 10.8x 9.78x
PBR 2.9x 3.03x 3.49x 4.01x 3.36x 3.37x 3.04x 2.72x
PEG - 3.8x 0.2x -1.4x 0.2x 1.1x 1.5x 0.98x
Capitalization / Revenue 2.23x 1.92x 2.56x 2.93x 2.51x 2.53x 2.41x 2.27x
EV / Revenue 0x 0x 0x 0x 0x 2.53x 2.41x 2.27x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 8.66x 8.48x -
EV / FCF 0x - - 0x 0x 15.6x 14.9x -
FCF Yield 10.4% - - 9.2% 10.6% 6.43% 6.71% -
Dividend per Share 2 1.88 2.2 2.6 3.3 4.16 4.8 5.293 5.705
Rate of return 1.23% 1.55% 1.26% 1.22% 1.61% 1.65% 1.82% 1.96%
EPS 2 9.38 9.74 15.94 13.71 22.91 25.21 27.02 29.71
Distribution rate 20% 22.6% 16.3% 24.1% 18.2% 19% 19.6% 19.2%
Net sales 1 2,710 2,720 2,816 3,089 3,292 3,530 3,713 3,948
EBITDA - - - - - - - -
EBIT 1 636.6 594.2 784.6 913.8 998.8 1,033 1,055 -
Net income 1 373.4 373 576.6 470.5 751.2 783.4 805.4 847.9
Net Debt 592.1 - - - - - - -
Reference price 2 153.27 141.82 205.76 271.42 258.36 290.59 290.59 290.59
Nbr of stocks (in thousands) 39,490 36,898 35,034 33,371 31,916 30,777 - -
Announcement Date 2/14/22 A 2/23/23 A 2/13/24 A 2/11/25 A 2/11/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.53x - - 1.65% 8.94B
4.36x1.48x - 3.85% 145B
13.73x - - 3.73% 66.23B
8.75x0.46x10.73x1.43% 53.75B
16.67x11.01x105.48x2.38% 44.03B
10.09x2.26x10.6x5.18% 23.93B
13.34x - - 4.33% 20.96B
59.26x1.16x - 0.2% 18.1B
16.52x0.85x - 3.37% 15.1B
16.76x - - 2.03% 13.36B
Average 17.10x 2.87x 42.27x 2.81% 40.97B
Weighted average by Cap. 12.00x 2.70x 44.98x 3.17%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Primerica, Inc.
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