CorVel Corporation
CorVel Corporation Fundamental Analysis
CorVel Corporation (CRVL) shows strong financial fundamentals with a PE ratio of 24.07, profit margin of 11.23%, and ROE of 30.14%. The company generates $0.9B in annual revenue with strong year-over-year growth of 12.61%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 72.1/100 based on profitability, valuation, growth, and balance sheet metrics. The B grade reflects solid fundamentals with room for improvement in valuation or growth.
Fundamental Health Score
We analyze CRVL's fundamental strength across five key dimensions:
Efficiency Score
ExcellentCRVL demonstrates superior asset utilization.
Valuation Score
ModerateCRVL shows balanced valuation metrics.
Growth Score
ExcellentCRVL delivers strong and consistent growth momentum.
Financial Health Score
ExcellentCRVL maintains a strong and stable balance sheet.
Profitability Score
ModerateCRVL maintains healthy but balanced margins.
Key Financial Metrics
Is CRVL Expensive or Cheap?
P/E Ratio
CRVL trades at 24.07 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, CRVL's PEG of 49.11 indicates potential overvaluation.
Price to Book
The market values CorVel Corporation at 6.77 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at 16.24 times EBITDA. This signals the market has high growth expectations.
How Well Does CRVL Make Money?
Net Profit Margin
For every $100 in sales, CorVel Corporation keeps $11.23 as profit after all expenses.
Operating Margin
Core operations generate 14.52 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $30.14 in profit for every $100 of shareholder equity.
ROA
CorVel Corporation generates $16.40 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
CorVel Corporation produces operating cash flow of $148.55M, showing steady but balanced cash generation.
Free Cash Flow
CorVel Corporation generates strong free cash flow of $103.87M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $2.03 in free cash annually.
FCF Yield
CRVL converts 4.09% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
24.07
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
49.11
vs 25 benchmark
P/B Ratio
Price to book value ratio
6.77
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.69
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.12
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.85
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.30
vs 25 benchmark
ROA
Return on assets percentage
0.16
vs 25 benchmark
ROCE
Return on capital employed
0.35
vs 25 benchmark
How CRVL Stacks Against Its Sector Peers
| Metric | CRVL Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 24.07 | 18.86 | Worse (Expensive) |
| ROE | 30.14% | 847.00% | Weak |
| Net Margin | 11.23% | 4202.00% | Weak |
| Debt/Equity | 0.12 | 0.91 | Strong (Low Leverage) |
| Current Ratio | 1.85 | 667.17 | Neutral |
| ROA | 16.40% | -21543.00% (disorted) | Strong |
CRVL outperforms its industry in 2 out of 6 key metrics, particularly excelling in ROA, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews CorVel Corporation's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
61.79%
Industry Style: Value, Dividend, Cyclical
High GrowthEPS CAGR
114.90%
Industry Style: Value, Dividend, Cyclical
High GrowthFCF CAGR
68.52%
Industry Style: Value, Dividend, Cyclical
High Growth