Root Inc. (ROOT)
Root Statistics
Share Statistics
Root has 15.2M shares outstanding. The number of shares has increased by 3.42% in one year.
| Shares Outstanding | 15.2M |
| Shares Change (YoY) | 3.42% |
| Shares Change (QoQ) | 0.67% |
| Owned by Institutions (%) | 0.06% |
| Shares Floating | 11.02M |
| Failed to Deliver (FTD) Shares | 792 |
| FTD / Avg. Volume | 0.13% |
Short Selling Information
The latest short interest is 1.64M, so 10.84% of the outstanding shares have been sold short.
| Short Interest | 1.64M |
| Short % of Shares Out | 10.84% |
| Short % of Float | 13.52% |
| Short Ratio (days to cover) | 4.97 |
Valuation Ratios
The PE ratio is 35.36 and the forward PE ratio is 365.98. Root's PEG ratio is -0.29.
| PE Ratio | 35.36 |
| Forward PE | 365.98 |
| PS Ratio | 0.93 |
| Forward PS | 1.4 |
| PB Ratio | 5.36 |
| P/FCF Ratio | -25.06 |
| PEG Ratio | -0.29 |
Enterprise Valuation
Root Inc. has an Enterprise Value (EV) of -229.49M.
| EV / Earnings | -7.43 |
| EV / Sales | -0.2 |
| EV / EBITDA | -2.92 |
| EV / EBIT | -2.92 |
| EV / FCF | 5.26 |
Financial Position
The company has a current ratio of 2.22, with a Debt / Equity ratio of 0.98.
| Current Ratio | 2.22 |
| Quick Ratio | 2.22 |
| Debt / Equity | 0.98 |
| Total Debt / Capitalization | 49.55 |
| Cash Flow / Debt | -0.22 |
| Interest Coverage | 1.86 |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 19.44%.
| Return on Equity (ROE) | 0.15% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 19.44% |
| Revenue Per Employee | $1,152,301.67 |
| Profits Per Employee | $30,264.45 |
| Employee Count | 1,021 |
| Asset Turnover | 0.79 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 143.68% in the last 52 weeks. The beta is 2.49, so Root's price volatility has been higher than the market average.
| Beta | 2.49 |
| 52-Week Price Change | 143.68% |
| 50-Day Moving Average | 119.58 |
| 200-Day Moving Average | 74.87 |
| Relative Strength Index (RSI) | 54.76 |
| Average Volume (20 Days) | 593.41K |
Income Statement
In the last 12 months, Root had revenue of 1.18B and earned 30.9M in profits. Earnings per share was 2.05.
| Revenue | 1.18B |
| Gross Profit | 1.18B |
| Operating Income | 78.5M |
| Net Income | 30.9M |
| EBITDA | 78.5M |
| EBIT | 78.5M |
| Earnings Per Share (EPS) | 2.05 |
Balance Sheet
The company has 230.4M in cash and 200.1M in debt, giving a net cash position of 30.3M.
| Cash & Cash Equivalents | 230.4M |
| Total Debt | 200.1M |
| Net Cash | 30.3M |
| Retained Earnings | 0 |
| Total Assets | 1.5B |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was -43.2M and capital expenditures -400K, giving a free cash flow of -43.6M.
| Operating Cash Flow | -43.2M |
| Capital Expenditures | -400K |
| Free Cash Flow | -43.6M |
| FCF Per Share | -2.9 |
Margins
Gross margin is 100%, with operating and profit margins of 6.67% and 2.63%.
| Gross Margin | 100% |
| Operating Margin | 6.67% |
| Pretax Margin | 2.63% |
| Profit Margin | 2.63% |
| EBITDA Margin | 6.67% |
| EBIT Margin | 6.67% |
| FCF Margin | -3.71% |
Dividends & Yields
ROOT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.38% |
| FCF Yield | -1.93% |
Analyst Forecast
The average price target for ROOT is $90, which is -39.5% lower than the current price. The consensus rating is "Hold".
| Price Target | $90 |
| Price Target Difference | -39.5% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Aug 15, 2022. It was a backward split with a ratio of 1:18.
| Last Split Date | Aug 15, 2022 |
| Split Type | backward |
| Split Ratio | 1:18 |
Scores
| Altman Z-Score | 0.58 |
| Piotroski F-Score | 6 |