Palomar Holdings - Stock

Palomar Holdings ROCE 2024

Palomar Holdings ROCE

0.23

Ticker

PLMR

ISIN

US69753M1053

WKN

A2PHB6

In 2024, Palomar Holdings's return on capital employed (ROCE) was 0.23, a 28.23% increase from the 0.18 ROCE in the previous year.

Palomar Holdings Aktienanalyse

What does Palomar Holdings do?

Palomar Holdings Inc is an American company specializing in the insurance industry. It was founded in 2014 and is headquartered in La Jolla, California. The establishment of Palomar was driven by the fact that traditional insurance markets, such as the market for natural disaster insurance, had experienced significant losses in the past. Therefore, Palomar utilizes innovative technologies and analysis methods to minimize and effectively assess risks. Palomar's business model is based on insuring risks that are either not covered or only limitedly covered by other insurers. The company specializes in natural disaster insurance and other regionally limited risks, such as earthquake or flood zones. The company offers a wide range of insurance products tailored to the different needs of customers. The main products include earthquake, hurricane, flood, and fire insurance, which are particularly important for owners of residential and commercial properties. Palomar also offers business interruption insurance, which helps companies protect against losses caused by operational interruptions due to natural disasters or other events. Additionally, Palomar has developed a specialized cyber insurance aimed at protecting businesses against cyber attacks and other IT-related risks. This cyber insurance is particularly targeted at medium-sized companies with a high risk of cyber attacks. Palomar has been listed on the NASDAQ since 2019 and has experienced strong growth since then. The company operates in the United States and in certain countries in Central America and the Caribbean. In addition to its core products, Palomar has also introduced new insurance lines as part of its expansion strategy in recent years. In particular, the company introduced a pandemic risk insurance in 2020, which is especially significant for businesses affected by the current COVID-19 pandemic. Palomar pursues a clear diversification strategy to spread risk and explore new growth opportunities. In addition to introducing new products, the company has also expanded its geographical business field and expanded into new regions in recent years. Overall, Palomar has built a strong position in a highly specialized area of the insurance industry in recent years. By using innovative technologies and analysis methods, the company can provide its customers with higher security while efficiently managing risk. The company management aims for further sustainable growth in the future to maintain long-term success. Palomar Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Palomar Holdings's Return on Capital Employed (ROCE)

Palomar Holdings's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Palomar Holdings's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Palomar Holdings's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Palomar Holdings’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Palomar Holdings Stock

What is the ROCE (Return on Capital Employed) of Palomar Holdings this year?

The ROCE of Palomar Holdings is 0.23 undefined this year.

How has the ROCE (Return on Capital Employed) of Palomar Holdings developed compared to the previous year?

The ROCE of Palomar Holdings has increased by 28.23% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Palomar Holdings?

A high Return on Capital Employed (ROCE) indicates that Palomar Holdings has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Palomar Holdings?

A low ROCE (Return on Capital Employed) can indicate that Palomar Holdings has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Palomar Holdings impact the company?

An increase in the ROCE of Palomar Holdings can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Palomar Holdings affect the company?

A decrease in ROCE of Palomar Holdings can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Palomar Holdings?

Some factors that can affect Palomar Holdings's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Palomar Holdings so important for investors?

The ROCE of Palomar Holdings is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Palomar Holdings take to improve the ROCE?

To improve the ROCE, Palomar Holdings can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Palomar Holdings pay?

Over the past 12 months, Palomar Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Palomar Holdings is expected to pay a dividend of 0 USD.

What is the dividend yield of Palomar Holdings?

The current dividend yield of Palomar Holdings is .

When does Palomar Holdings pay dividends?

Palomar Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Palomar Holdings?

Palomar Holdings paid dividends every year for the past 0 years.

What is the dividend of Palomar Holdings?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Palomar Holdings located?

Palomar Holdings is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Palomar Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Palomar Holdings from 6/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/29/2024.

When did Palomar Holdings pay the last dividend?

The last dividend was paid out on 6/29/2024.

What was the dividend of Palomar Holdings in the year 2023?

In the year 2023, Palomar Holdings distributed 0 USD as dividends.

In which currency does Palomar Holdings pay out the dividend?

The dividends of Palomar Holdings are distributed in USD.

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Andere Kennzahlen von Palomar Holdings

Our stock analysis for Palomar Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Palomar Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.