Intrinsic value of Verisk Analytics - VRSK

Previous Close

$92.53

  Intrinsic Value

$45.28

stock screener

  Rating & Target

str. sell

-51%

Previous close

$92.53

 
Intrinsic value

$45.28

 
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

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 15.2

 

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
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
Revenue, $m
  1,995
  2,095
  2,199
  2,309
  2,425
  2,546
  2,673
  2,807
  2,948
  3,095
  3,250
  3,412
  3,583
  3,762
  3,950
  4,147
  4,355
  4,573
  4,801
  5,041
  5,293
  5,558
  5,836
  6,128
  6,434
  6,756
  7,094
  7,448
  7,821
  8,212
  8,622
Variable operating expenses, $m
 
  1,244
  1,293
  1,345
  1,399
  1,456
  1,516
  1,579
  1,645
  1,715
  1,788
  1,606
  1,687
  1,771
  1,860
  1,953
  2,050
  2,153
  2,260
  2,373
  2,492
  2,617
  2,747
  2,885
  3,029
  3,180
  3,339
  3,506
  3,682
  3,866
  4,059
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
  1,244
  1,293
  1,345
  1,399
  1,456
  1,516
  1,579
  1,645
  1,715
  1,788
  1,606
  1,687
  1,771
  1,860
  1,953
  2,050
  2,153
  2,260
  2,373
  2,492
  2,617
  2,747
  2,885
  3,029
  3,180
  3,339
  3,506
  3,682
  3,866
  4,059
Operating income, $m
  768
  851
  906
  964
  1,026
  1,090
  1,157
  1,228
  1,302
  1,380
  1,462
  1,806
  1,896
  1,991
  2,090
  2,195
  2,305
  2,420
  2,541
  2,668
  2,801
  2,941
  3,088
  3,243
  3,405
  3,575
  3,754
  3,942
  4,139
  4,346
  4,563
EBITDA, $m
  992
  1,193
  1,253
  1,315
  1,381
  1,450
  1,523
  1,599
  1,679
  1,763
  1,851
  1,943
  2,040
  2,142
  2,249
  2,362
  2,480
  2,604
  2,734
  2,871
  3,015
  3,165
  3,323
  3,490
  3,664
  3,847
  4,040
  4,242
  4,454
  4,676
  4,910
Interest expense (income), $m
  117
  96
  103
  110
  117
  125
  133
  142
  150
  160
  170
  180
  191
  203
  215
  227
  241
  255
  269
  285
  301
  318
  336
  354
  374
  394
  416
  439
  463
  488
  514
Earnings before tax, $m
  654
  755
  804
  855
  909
  965
  1,024
  1,086
  1,152
  1,220
  1,292
  1,626
  1,705
  1,788
  1,876
  1,968
  2,064
  2,165
  2,272
  2,383
  2,501
  2,624
  2,753
  2,889
  3,031
  3,181
  3,338
  3,503
  3,676
  3,858
  4,049
Tax expense, $m
  202
  204
  217
  231
  245
  261
  277
  293
  311
  329
  349
  439
  460
  483
  506
  531
  557
  585
  613
  644
  675
  708
  743
  780
  818
  859
  901
  946
  993
  1,042
  1,093
Net income, $m
  591
  551
  587
  624
  663
  704
  748
  793
  841
  891
  943
  1,187
  1,245
  1,305
  1,369
  1,436
  1,507
  1,581
  1,658
  1,740
  1,825
  1,915
  2,010
  2,109
  2,213
  2,322
  2,437
  2,557
  2,684
  2,816
  2,956

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
  4,718
  4,954
  5,201
  5,462
  5,735
  6,021
  6,322
  6,639
  6,970
  7,319
  7,685
  8,069
  8,473
  8,896
  9,341
  9,808
  10,299
  10,814
  11,354
  11,922
  12,518
  13,144
  13,801
  14,491
  15,216
  15,977
  16,775
  17,614
  18,495
  19,420
Adjusted assets (=assets-cash), $m
  4,492
  4,718
  4,954
  5,201
  5,462
  5,735
  6,021
  6,322
  6,639
  6,970
  7,319
  7,685
  8,069
  8,473
  8,896
  9,341
  9,808
  10,299
  10,814
  11,354
  11,922
  12,518
  13,144
  13,801
  14,491
  15,216
  15,977
  16,775
  17,614
  18,495
  19,420
Revenue / Adjusted assets
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
  0.444
Average production assets, $m
  1,494
  1,569
  1,647
  1,730
  1,816
  1,907
  2,002
  2,103
  2,208
  2,318
  2,434
  2,556
  2,683
  2,818
  2,959
  3,106
  3,262
  3,425
  3,596
  3,776
  3,965
  4,163
  4,371
  4,590
  4,819
  5,060
  5,313
  5,579
  5,858
  6,151
  6,458
Working capital, $m
  -121
  -161
  -169
  -178
  -187
  -196
  -206
  -216
  -227
  -238
  -250
  -263
  -276
  -290
  -304
  -319
  -335
  -352
  -370
  -388
  -408
  -428
  -449
  -472
  -495
  -520
  -546
  -574
  -602
  -632
  -664
Total debt, $m
  2,387
  2,442
  2,610
  2,786
  2,971
  3,165
  3,369
  3,583
  3,808
  4,044
  4,292
  4,552
  4,825
  5,112
  5,413
  5,730
  6,062
  6,410
  6,776
  7,161
  7,564
  7,988
  8,433
  8,901
  9,391
  9,906
  10,447
  11,015
  11,612
  12,238
  12,895
Total liabilities, $m
  3,299
  3,354
  3,522
  3,698
  3,883
  4,077
  4,281
  4,495
  4,720
  4,956
  5,204
  5,464
  5,737
  6,024
  6,325
  6,642
  6,974
  7,322
  7,688
  8,073
  8,476
  8,900
  9,345
  9,813
  10,303
  10,818
  11,359
  11,927
  12,524
  13,150
  13,807
Total equity, $m
  1,332
  1,363
  1,432
  1,503
  1,578
  1,657
  1,740
  1,827
  1,919
  2,014
  2,115
  2,221
  2,332
  2,449
  2,571
  2,700
  2,835
  2,976
  3,125
  3,281
  3,445
  3,618
  3,799
  3,989
  4,188
  4,397
  4,617
  4,848
  5,090
  5,345
  5,612
Total liabilities and equity, $m
  4,631
  4,717
  4,954
  5,201
  5,461
  5,734
  6,021
  6,322
  6,639
  6,970
  7,319
  7,685
  8,069
  8,473
  8,896
  9,342
  9,809
  10,298
  10,813
  11,354
  11,921
  12,518
  13,144
  13,802
  14,491
  15,215
  15,976
  16,775
  17,614
  18,495
  19,419
Debt-to-equity ratio
  1.792
  1.790
  1.820
  1.850
  1.880
  1.910
  1.940
  1.960
  1.980
  2.010
  2.030
  2.050
  2.070
  2.090
  2.110
  2.120
  2.140
  2.150
  2.170
  2.180
  2.200
  2.210
  2.220
  2.230
  2.240
  2.250
  2.260
  2.270
  2.280
  2.290
  2.300
Adjusted equity ratio
  0.266
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289
  0.289

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  591
  551
  587
  624
  663
  704
  748
  793
  841
  891
  943
  1,187
  1,245
  1,305
  1,369
  1,436
  1,507
  1,581
  1,658
  1,740
  1,825
  1,915
  2,010
  2,109
  2,213
  2,322
  2,437
  2,557
  2,684
  2,816
  2,956
Depreciation, amort., depletion, $m
  224
  342
  346
  351
  355
  360
  365
  371
  376
  382
  389
  137
  144
  151
  159
  167
  175
  184
  193
  203
  213
  224
  235
  247
  259
  272
  286
  300
  315
  331
  347
Funds from operations, $m
  507
  893
  933
  975
  1,019
  1,065
  1,113
  1,164
  1,217
  1,273
  1,332
  1,324
  1,389
  1,457
  1,528
  1,603
  1,682
  1,765
  1,852
  1,943
  2,039
  2,139
  2,245
  2,356
  2,472
  2,594
  2,722
  2,857
  2,999
  3,147
  3,303
Change in working capital, $m
  -39
  -8
  -8
  -8
  -9
  -9
  -10
  -10
  -11
  -11
  -12
  -13
  -13
  -14
  -14
  -15
  -16
  -17
  -18
  -18
  -19
  -20
  -21
  -22
  -24
  -25
  -26
  -27
  -29
  -30
  -32
Cash from operations, $m
  546
  901
  941
  983
  1,028
  1,074
  1,123
  1,174
  1,228
  1,284
  1,344
  1,337
  1,402
  1,471
  1,543
  1,619
  1,698
  1,782
  1,869
  1,961
  2,058
  2,160
  2,266
  2,378
  2,495
  2,619
  2,748
  2,884
  3,027
  3,177
  3,335
Maintenance CAPEX, $m
  0
  -80
  -84
  -89
  -93
  -98
  -103
  -108
  -113
  -119
  -125
  -131
  -137
  -144
  -151
  -159
  -167
  -175
  -184
  -193
  -203
  -213
  -224
  -235
  -247
  -259
  -272
  -286
  -300
  -315
  -331
New CAPEX, $m
  -157
  -75
  -78
  -82
  -86
  -91
  -95
  -100
  -105
  -110
  -116
  -122
  -128
  -134
  -141
  -148
  -155
  -163
  -171
  -180
  -189
  -198
  -208
  -219
  -229
  -241
  -253
  -266
  -279
  -293
  -308
Cash from investing activities, $m
  493
  -155
  -162
  -171
  -179
  -189
  -198
  -208
  -218
  -229
  -241
  -253
  -265
  -278
  -292
  -307
  -322
  -338
  -355
  -373
  -392
  -411
  -432
  -454
  -476
  -500
  -525
  -552
  -579
  -608
  -639
Free cash flow, $m
  1,039
  745
  778
  812
  848
  886
  925
  966
  1,010
  1,055
  1,103
  1,084
  1,137
  1,192
  1,250
  1,312
  1,376
  1,443
  1,514
  1,588
  1,666
  1,748
  1,834
  1,924
  2,019
  2,119
  2,223
  2,333
  2,448
  2,569
  2,696
Issuance/(repayment) of debt, $m
  -770
  162
  168
  176
  185
  194
  204
  214
  225
  236
  248
  260
  273
  287
  301
  316
  332
  349
  366
  384
  404
  424
  445
  467
  491
  515
  541
  568
  596
  626
  657
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
  162
  168
  176
  185
  194
  204
  214
  225
  236
  248
  260
  273
  287
  301
  316
  332
  349
  366
  384
  404
  424
  445
  467
  491
  515
  541
  568
  596
  626
  657
Total cash flow (excl. dividends), $m
  -3
  908
  946
  988
  1,033
  1,080
  1,129
  1,180
  1,235
  1,291
  1,351
  1,344
  1,410
  1,479
  1,552
  1,628
  1,708
  1,792
  1,880
  1,973
  2,070
  2,172
  2,279
  2,392
  2,510
  2,634
  2,764
  2,901
  3,045
  3,196
  3,354
Retained Cash Flow (-), $m
  40
  -63
  -68
  -72
  -75
  -79
  -83
  -87
  -91
  -96
  -101
  -106
  -111
  -117
  -122
  -129
  -135
  -142
  -149
  -156
  -164
  -172
  -181
  -190
  -199
  -209
  -220
  -231
  -242
  -255
  -267
Prev. year cash balance distribution, $m
 
  32
  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
 
  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 available for distribution, $m
 
  876
  878
  917
  958
  1,001
  1,046
  1,093
  1,143
  1,195
  1,250
  1,238
  1,299
  1,362
  1,429
  1,499
  1,573
  1,650
  1,731
  1,816
  1,906
  2,000
  2,098
  2,202
  2,310
  2,425
  2,544
  2,670
  2,802
  2,941
  3,087
Discount rate, %
 
  8.40
  8.82
  9.26
  9.72
  10.21
  10.72
  11.26
  11.82
  12.41
  13.03
  13.68
  14.37
  15.09
  15.84
  16.63
  17.46
  18.34
  19.25
  20.22
  21.23
  22.29
  23.40
  24.57
  25.80
  27.09
  28.45
  29.87
  31.36
  32.93
  34.58
PV of cash for distribution, $m
 
  808
  741
  703
  661
  616
  568
  518
  468
  417
  367
  302
  259
  219
  182
  149
  120
  94
  73
  55
  41
  29
  21
  14
  9
  6
  4
  2
  1
  1
  0
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 26.1
Price to Sales 7.7
Price to Book 11.6
Price to Tangible Book
Price to Cash Flow 28.3
Price to Free Cash Flow 39.7
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 $1995 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 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 8.4%, 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 60%.

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 4.2% 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 0%.

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 74.9%.

Life of production assets of 18.6 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 -7.7%. 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 - $1332 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 164.526 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 $15.2 billion.

RELATED COMPANIES Price Int.Val. Rating
SPGI S&P Global 162.19 48.45  str.sell
INFO IHS Markit 43.85 41.52  hold
CLGX CoreLogic 44.40 37.51  sell
UNH UnitedHealth G 210.25 193.22  hold

COMPANY NEWS

▶ Verisk Appoints Lee M. Shavel Chief Financial Officer   [Nov-16-17 04:31PM  GlobeNewswire]
▶ Verisk beats Street 3Q forecasts   [Oct-31-17 04:25PM  Associated Press]
▶ David Rolfe Comments on Verisk Analytics   [Oct-16-17 05:44PM  GuruFocus.com]
▶ 3E Company Evolves Brand Identity to Become Verisk 3E   [Oct-12-17 05:02AM  GlobeNewswire]
▶ PCS and NFIP to Report Aggregate Flood Loss Estimates   [Oct-05-17 09:01AM  GlobeNewswire]
▶ The Days Before The Day After Tomorrow?   [Sep-19-17 09:08AM  Forbes]
▶ 3 Stocks You Can Safely Own Until 2030   [Sep-16-17 07:00AM  Motley Fool]
▶ 3E Company Wins Multiple Awards for Product Innovation   [Aug-30-17 11:06AM  GlobeNewswire]
▶ Verisk Analytics to Acquire LCI   [Aug-24-17 08:02AM  GlobeNewswire]
▶ Verisk Analytics to Acquire Sequel   [Aug-21-17 08:02AM  GlobeNewswire]
▶ ISO Launches Commercial Flood Insurance Program   [Aug-10-17 11:02AM  GlobeNewswire]
▶ 7 Stocks Top Large-Cap Managers Have Been Buying   [Aug-09-17 06:00AM  Morningstar]
▶ Verisk beats Street 2Q forecasts   [Aug-01-17 09:51PM  Associated Press]
▶ Verisk Analytics, Inc., to Acquire G2 Web Services   [Jul-27-17 04:31PM  GlobeNewswire]
▶ California Drought Is Over, but Wildfire Risk Remains   [Jul-18-17 12:55PM  GlobeNewswire]
▶ 3 Stocks I'm Never Selling   [Jun-25-17 11:30AM  Motley Fool]
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

VALUATION THEORY       ASSET ALLOCATION

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

Copyright © X-FIN.com 2005-2017. All rigths reserved.