Intrinsic value of Verisk Analytics - VRSK

Previous Close

$112.59

  Intrinsic Value

$55.34

stock screener

  Rating & Target

str. sell

-51%

Previous close

$112.59

 
Intrinsic value

$55.34

 
Up/down potential

-51%

 
Rating

str. sell

We calculate the intrinsic value of VRSK stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  13.29
  7.50
  7.25
  7.02
  6.82
  6.64
  6.48
  6.33
  6.20
  6.08
  5.97
  5.87
  5.78
  5.71
  5.64
  5.57
  5.51
  5.46
  5.42
  5.38
  5.34
  5.30
  5.27
  5.25
  5.22
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
Revenue, $m
  1,995
  2,306
  2,473
  2,647
  2,827
  3,015
  3,210
  3,414
  3,625
  3,845
  4,075
  4,314
  4,564
  4,824
  5,096
  5,380
  5,676
  5,987
  6,311
  6,650
  7,005
  7,377
  7,766
  8,173
  8,600
  9,047
  9,516
  10,007
  10,522
  11,061
  11,628
Variable operating expenses, $m
 
  1,383
  1,449
  1,517
  1,589
  1,663
  1,740
  1,821
  1,904
  1,991
  2,082
  1,705
  1,804
  1,907
  2,014
  2,126
  2,244
  2,366
  2,494
  2,628
  2,769
  2,915
  3,069
  3,230
  3,399
  3,576
  3,761
  3,955
  4,158
  4,372
  4,596
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  1,228
  1,383
  1,449
  1,517
  1,589
  1,663
  1,740
  1,821
  1,904
  1,991
  2,082
  1,705
  1,804
  1,907
  2,014
  2,126
  2,244
  2,366
  2,494
  2,628
  2,769
  2,915
  3,069
  3,230
  3,399
  3,576
  3,761
  3,955
  4,158
  4,372
  4,596
Operating income, $m
  768
  923
  1,024
  1,129
  1,238
  1,352
  1,470
  1,593
  1,721
  1,854
  1,993
  2,609
  2,760
  2,917
  3,082
  3,254
  3,433
  3,621
  3,817
  4,022
  4,236
  4,461
  4,696
  4,943
  5,201
  5,471
  5,755
  6,052
  6,363
  6,690
  7,032
EBITDA, $m
  992
  1,887
  2,024
  2,166
  2,314
  2,467
  2,627
  2,793
  2,966
  3,146
  3,334
  3,530
  3,734
  3,947
  4,170
  4,402
  4,645
  4,899
  5,164
  5,442
  5,732
  6,036
  6,354
  6,688
  7,037
  7,403
  7,786
  8,188
  8,609
  9,051
  9,514
Interest expense (income), $m
  117
  162
  179
  196
  214
  233
  252
  272
  293
  315
  338
  362
  386
  412
  439
  467
  496
  527
  559
  592
  627
  664
  702
  742
  784
  828
  874
  923
  973
  1,027
  1,082
Earnings before tax, $m
  654
  761
  845
  933
  1,024
  1,119
  1,218
  1,321
  1,427
  1,539
  1,655
  2,247
  2,374
  2,505
  2,643
  2,787
  2,937
  3,094
  3,258
  3,430
  3,609
  3,797
  3,994
  4,200
  4,417
  4,643
  4,880
  5,129
  5,390
  5,663
  5,950
Tax expense, $m
  202
  205
  228
  252
  277
  302
  329
  357
  385
  415
  447
  607
  641
  676
  714
  752
  793
  835
  880
  926
  974
  1,025
  1,078
  1,134
  1,192
  1,254
  1,318
  1,385
  1,455
  1,529
  1,606
Net income, $m
  591
  555
  617
  681
  748
  817
  889
  964
  1,042
  1,123
  1,208
  1,641
  1,733
  1,829
  1,929
  2,034
  2,144
  2,258
  2,378
  2,504
  2,635
  2,772
  2,916
  3,066
  3,224
  3,389
  3,563
  3,744
  3,934
  4,134
  4,343

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  139
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,631
  6,477
  6,947
  7,435
  7,942
  8,469
  9,018
  9,589
  10,183
  10,801
  11,446
  12,118
  12,819
  13,551
  14,314
  15,112
  15,945
  16,816
  17,727
  18,680
  19,677
  20,721
  21,814
  22,958
  24,157
  25,413
  26,729
  28,109
  29,555
  31,071
  32,662
Adjusted assets (=assets-cash), $m
  4,492
  6,477
  6,947
  7,435
  7,942
  8,469
  9,018
  9,589
  10,183
  10,801
  11,446
  12,118
  12,819
  13,551
  14,314
  15,112
  15,945
  16,816
  17,727
  18,680
  19,677
  20,721
  21,814
  22,958
  24,157
  25,413
  26,729
  28,109
  29,555
  31,071
  32,662
Revenue / Adjusted assets
  0.444
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
  0.356
Average production assets, $m
  1,494
  4,923
  5,280
  5,651
  6,036
  6,437
  6,854
  7,288
  7,739
  8,210
  8,700
  9,211
  9,743
  10,299
  10,880
  11,486
  12,119
  12,781
  13,474
  14,198
  14,956
  15,749
  16,580
  17,449
  18,361
  19,315
  20,316
  21,364
  22,464
  23,616
  24,825
Working capital, $m
  -121
  -242
  -260
  -278
  -297
  -317
  -337
  -358
  -381
  -404
  -428
  -453
  -479
  -507
  -535
  -565
  -596
  -629
  -663
  -698
  -736
  -775
  -815
  -858
  -903
  -950
  -999
  -1,051
  -1,105
  -1,161
  -1,221
Total debt, $m
  2,387
  3,318
  3,637
  3,969
  4,314
  4,673
  5,046
  5,434
  5,838
  6,258
  6,697
  7,154
  7,631
  8,128
  8,647
  9,190
  9,756
  10,349
  10,968
  11,616
  12,294
  13,004
  13,747
  14,525
  15,340
  16,194
  17,089
  18,027
  19,011
  20,042
  21,123
Total liabilities, $m
  3,299
  4,404
  4,724
  5,056
  5,401
  5,759
  6,132
  6,520
  6,924
  7,345
  7,783
  8,240
  8,717
  9,214
  9,734
  10,276
  10,843
  11,435
  12,055
  12,702
  13,381
  14,090
  14,833
  15,611
  16,427
  17,281
  18,176
  19,114
  20,097
  21,129
  22,210
Total equity, $m
  1,332
  2,073
  2,223
  2,379
  2,541
  2,710
  2,886
  3,068
  3,258
  3,456
  3,663
  3,878
  4,102
  4,336
  4,581
  4,836
  5,102
  5,381
  5,673
  5,978
  6,297
  6,631
  6,980
  7,347
  7,730
  8,132
  8,553
  8,995
  9,458
  9,943
  10,452
Total liabilities and equity, $m
  4,631
  6,477
  6,947
  7,435
  7,942
  8,469
  9,018
  9,588
  10,182
  10,801
  11,446
  12,118
  12,819
  13,550
  14,315
  15,112
  15,945
  16,816
  17,728
  18,680
  19,678
  20,721
  21,813
  22,958
  24,157
  25,413
  26,729
  28,109
  29,555
  31,072
  32,662
Debt-to-equity ratio
  1.792
  1.600
  1.640
  1.670
  1.700
  1.720
  1.750
  1.770
  1.790
  1.810
  1.830
  1.840
  1.860
  1.870
  1.890
  1.900
  1.910
  1.920
  1.930
  1.940
  1.950
  1.960
  1.970
  1.980
  1.980
  1.990
  2.000
  2.000
  2.010
  2.020
  2.020
Adjusted equity ratio
  0.266
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320
  0.320

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  591
  555
  617
  681
  748
  817
  889
  964
  1,042
  1,123
  1,208
  1,641
  1,733
  1,829
  1,929
  2,034
  2,144
  2,258
  2,378
  2,504
  2,635
  2,772
  2,916
  3,066
  3,224
  3,389
  3,563
  3,744
  3,934
  4,134
  4,343
Depreciation, amort., depletion, $m
  224
  964
  999
  1,036
  1,075
  1,115
  1,157
  1,200
  1,245
  1,292
  1,341
  921
  974
  1,030
  1,088
  1,149
  1,212
  1,278
  1,347
  1,420
  1,496
  1,575
  1,658
  1,745
  1,836
  1,932
  2,032
  2,136
  2,246
  2,362
  2,482
Funds from operations, $m
  507
  1,519
  1,616
  1,717
  1,823
  1,932
  2,046
  2,164
  2,287
  2,416
  2,549
  2,562
  2,707
  2,859
  3,017
  3,183
  3,356
  3,537
  3,726
  3,923
  4,130
  4,347
  4,574
  4,811
  5,060
  5,321
  5,594
  5,881
  6,181
  6,496
  6,826
Change in working capital, $m
  -39
  -17
  -18
  -18
  -19
  -20
  -21
  -21
  -22
  -23
  -24
  -25
  -26
  -27
  -29
  -30
  -31
  -33
  -34
  -36
  -37
  -39
  -41
  -43
  -45
  -47
  -49
  -52
  -54
  -57
  -59
Cash from operations, $m
  546
  1,536
  1,634
  1,736
  1,842
  1,952
  2,066
  2,186
  2,310
  2,439
  2,574
  2,587
  2,733
  2,886
  3,046
  3,213
  3,387
  3,569
  3,760
  3,959
  4,168
  4,386
  4,615
  4,854
  5,105
  5,368
  5,643
  5,932
  6,235
  6,552
  6,885
Maintenance CAPEX, $m
  0
  -458
  -492
  -528
  -565
  -604
  -644
  -685
  -729
  -774
  -821
  -870
  -921
  -974
  -1,030
  -1,088
  -1,149
  -1,212
  -1,278
  -1,347
  -1,420
  -1,496
  -1,575
  -1,658
  -1,745
  -1,836
  -1,932
  -2,032
  -2,136
  -2,246
  -2,362
New CAPEX, $m
  -157
  -342
  -357
  -371
  -386
  -401
  -417
  -434
  -452
  -470
  -490
  -511
  -533
  -556
  -580
  -606
  -633
  -662
  -692
  -724
  -758
  -793
  -831
  -870
  -911
  -955
  -1,000
  -1,049
  -1,099
  -1,153
  -1,209
Cash from investing activities, $m
  493
  -800
  -849
  -899
  -951
  -1,005
  -1,061
  -1,119
  -1,181
  -1,244
  -1,311
  -1,381
  -1,454
  -1,530
  -1,610
  -1,694
  -1,782
  -1,874
  -1,970
  -2,071
  -2,178
  -2,289
  -2,406
  -2,528
  -2,656
  -2,791
  -2,932
  -3,081
  -3,235
  -3,399
  -3,571
Free cash flow, $m
  1,039
  735
  785
  837
  891
  947
  1,006
  1,066
  1,129
  1,195
  1,263
  1,206
  1,279
  1,356
  1,435
  1,518
  1,605
  1,695
  1,789
  1,887
  1,990
  2,097
  2,209
  2,326
  2,449
  2,577
  2,711
  2,852
  2,999
  3,153
  3,315
Issuance/(repayment) of debt, $m
  -770
  309
  319
  332
  345
  359
  373
  388
  404
  421
  438
  457
  477
  497
  519
  542
  567
  592
  619
  648
  678
  710
  743
  778
  815
  854
  895
  938
  983
  1,031
  1,081
Issuance/(repurchase) of shares, $m
  -286
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -1,033
  309
  319
  332
  345
  359
  373
  388
  404
  421
  438
  457
  477
  497
  519
  542
  567
  592
  619
  648
  678
  710
  743
  778
  815
  854
  895
  938
  983
  1,031
  1,081
Total cash flow (excl. dividends), $m
  -3
  1,045
  1,104
  1,169
  1,236
  1,306
  1,379
  1,454
  1,533
  1,615
  1,701
  1,663
  1,756
  1,853
  1,955
  2,061
  2,172
  2,287
  2,409
  2,535
  2,668
  2,807
  2,952
  3,104
  3,264
  3,431
  3,606
  3,790
  3,983
  4,185
  4,396
Retained Cash Flow (-), $m
  40
  -148
  -150
  -156
  -162
  -169
  -176
  -183
  -190
  -198
  -206
  -215
  -224
  -234
  -244
  -255
  -267
  -279
  -291
  -305
  -319
  -334
  -350
  -366
  -384
  -402
  -421
  -441
  -463
  -485
  -509
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  32
  35
  37
  40
  42
  45
  48
  51
  54
  58
  61
  65
  68
  72
  76
  81
  85
  90
  95
  100
  105
  111
  116
  123
  129
  136
  143
  150
  158
  166
Cash available for distribution, $m
 
  897
  954
  1,012
  1,074
  1,137
  1,203
  1,272
  1,343
  1,417
  1,495
  1,448
  1,532
  1,619
  1,710
  1,806
  1,905
  2,009
  2,117
  2,230
  2,349
  2,473
  2,603
  2,738
  2,880
  3,029
  3,185
  3,349
  3,520
  3,699
  3,887
Discount rate, %
 
  7.70
  8.09
  8.49
  8.91
  9.36
  9.83
  10.32
  10.83
  11.38
  11.95
  12.54
  13.17
  13.83
  14.52
  15.25
  16.01
  16.81
  17.65
  18.53
  19.46
  20.43
  21.45
  22.52
  23.65
  24.83
  26.07
  27.38
  28.75
  30.18
  31.69
PV of cash for distribution, $m
 
  833
  816
  793
  763
  727
  686
  640
  590
  537
  484
  395
  347
  301
  256
  215
  177
  143
  114
  88
  67
  50
  36
  26
  18
  12
  8
  5
  3
  2
  1
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Verisk Analytics, Inc. is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate. In the Decision Analytics segment, the Company develops predictive models to forecast scenarios and produce both standard and customized analytics that help its customers manage their businesses, including predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses. It offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting and various other fields.

FINANCIAL RATIOS  of  Verisk Analytics (VRSK)

Valuation Ratios
P/E Ratio 31.8
Price to Sales 9.4
Price to Book 14.1
Price to Tangible Book
Price to Cash Flow 34.4
Price to Free Cash Flow 48.3
Growth Rates
Sales Growth Rate 13.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -5.4%
Cap. Spend. - 3 Yr. Gr. Rate 1.5%
Financial Strength
Quick Ratio 1
Current Ratio 0
LT Debt to Equity 171.2%
Total Debt to Equity 179.2%
Interest Coverage 7
Management Effectiveness
Return On Assets 13.1%
Ret/ On Assets - 3 Yr. Avg. 15.4%
Return On Total Capital 14.3%
Ret/ On T. Cap. - 3 Yr. Avg. 18%
Return On Equity 43.7%
Return On Equity - 3 Yr. Avg. 71.1%
Asset Turnover 0.4
Profitability Ratios
Gross Margin 64.2%
Gross Margin - 3 Yr. Avg. 64.5%
EBITDA Margin 49.9%
EBITDA Margin - 3 Yr. Avg. 53.7%
Operating Margin 38.4%
Oper. Margin - 3 Yr. Avg. 40.9%
Pre-Tax Margin 32.8%
Pre-Tax Margin - 3 Yr. Avg. 37%
Net Profit Margin 29.6%
Net Profit Margin - 3 Yr. Avg. 28.8%
Effective Tax Rate 30.9%
Eff/ Tax Rate - 3 Yr. Avg. 32.2%
Payout Ratio 0%

VRSK stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the VRSK stock intrinsic value calculation we used $2145 million for the last fiscal year's total revenue generated by Verisk Analytics. The default revenue input number comes from 2016 income statement of Verisk Analytics. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our VRSK stock valuation model: a) initial revenue growth rate of 7.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 7.7%, whose default value for VRSK is calculated based on our internal credit rating of Verisk Analytics, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Verisk Analytics.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of VRSK stock the variable cost ratio is equal to 61.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for VRSK stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Verisk Analytics.

Corporate tax rate of 27% is the nominal tax rate for Verisk Analytics. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the VRSK stock is equal to 1.5%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for VRSK are equal to 213.5%.

Life of production assets of 10 years is the average useful life of capital assets used in Verisk Analytics operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for VRSK is equal to -10.5%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1925 million for Verisk Analytics - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 165 million for Verisk Analytics is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Verisk Analytics at the current share price and the inputted number of shares is $18.6 billion.

RELATED COMPANIES Price Int.Val. Rating
SPGI S&P Global 212.33 219.34  hold
CLGX CoreLogic 54.90 37.20  hold
UNH UnitedHealth G 252.70 401.67  str.buy

COMPANY NEWS

▶ Verisk Acquires Validus-IVC   [Jun-21-18 06:46AM  GlobeNewswire]
▶ Omnitracs to Join Verisk Data Exchange   [08:01AM  GlobeNewswire]
▶ Square Moves Into Buy Zone, Leading Italy-Resistant Financials   [May-30-18 04:05PM  Investor's Business Daily]
▶ Stocks Warren Buffett Is Selling   [May-22-18 09:30PM  Motley Fool]
▶ Verisk 3E Expands Global Footprint with New Beijing Office   [May-09-18 11:06AM  GlobeNewswire]
▶ Verisk: 1Q Earnings Snapshot   [May-01-18 04:45PM  Associated Press]
▶ Verisk Launches API for Mozart Form Composer   [Apr-19-18 09:02AM  GlobeNewswire]
▶ Hyundai Joins the Verisk Data Exchange   [Apr-17-18 08:01AM  GlobeNewswire]
▶ Global Disruptors: A Forecast For 2018   [Mar-07-18 08:12AM  Forbes]
▶ Verisk Launches New Energy Insurance Platform   [Feb-28-18 09:45AM  GlobeNewswire]
▶ Verisk tops Street 4Q forecasts   [Feb-20-18 04:49PM  Associated Press]
▶ Beyontec Joins Verisk Strategic Alliances Program   [Feb-07-18 08:00AM  GlobeNewswire]
▶ ISO ERC Fuels Rapid Launch of Starr's New BOP Program   [Jan-09-18 09:21AM  GlobeNewswire]
▶ Geomni Capturing Aerial Imagery of California Wildfires   [Dec-12-17 10:01AM  GlobeNewswire]
▶ AIR Updates Insured Loss Estimates for Hurricane Maria   [Dec-06-17 05:57PM  GlobeNewswire]
Financial statements of VRSK
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.