United Fire Group
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
18.82
Price/Sales ratio
0.54
Earnings per Share (EPS)
$1.62

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
12.5710.8125.0522.2550.3374.17-5.577.2245.79-17.1114.3974.17
Price/Sales ratio
0.780.931.091.071.300.910.580.540.700.460.590.91
Price/Book Value ratio
0.901.091.321.161.561.200.760.660.930.690.911.20
Price/Cash Flow ratio
4.915.075.836.6712.6311.7215.1619.45-550.272.963.4911.72
Price/Free Cash Flow ratio
5.195.346.047.4218.0617.9227.8236.50-203.183.163.7117.92
Price/Earnings Growth ratio
-0.580.21-0.564.84-1.08-1.590.00-0.04-0.560.05-5.09-1.59
Dividend Yield
2.64%2.24%1.96%2.40%7.57%2.97%4.54%2.58%2.30%3.17%2.24%2.97%
Profitability Indicator Ratios
Gross Profit Margin
99.79%99.68%99.05%100%100%100%100%100%100%100%100.26%100%
Operating Profit Margin
8.11%11.73%5.16%4.26%1.51%1.40%-16.44%9.06%1.55%N/A19.75%1.51%
Pretax Profit Margin
8.11%11.73%5.16%1.48%-0.85%1.40%-15.86%9.08%1.23%-3.62%5.10%-0.85%
Net Profit Margin
6.27%8.61%4.38%4.84%2.58%1.23%-10.54%7.55%1.53%-2.71%4.15%2.58%
Effective Tax Rate
22.65%26.61%14.93%-186.70%124.64%12.19%33.51%16.77%-24.45%25.22%18.65%18.65%
Return on Assets
1.53%2.29%1.23%1.21%0.98%0.49%-3.67%2.67%0.52%-0.94%1.41%0.98%
Return On Equity
7.23%10.14%5.29%5.24%3.11%1.62%-13.65%9.16%2.03%-4.04%6.72%3.11%
Return on Capital Employed
1.98%3.12%2.06%1.57%1.12%1.12%-11.57%6.39%1.07%N/A6.72%1.12%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
67.7977.920.760.730.710.750.740.770.82N/AN/A0.75
Cash ratio
18.0721.640.090.070.040.070.050.080.06N/AN/A0.07
Days of Sales Outstanding
96.5097.5298.30113.90144.33136.49185.81163.28136.17154.86184.05144.33
Days of Inventory outstanding
N/AN/A-17.25KN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
96.5097.52-17.16KN/AN/AN/AN/AN/AN/AN/A184.05N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
96.5097.52-17.16KN/AN/AN/AN/AN/AN/AN/A184.05N/A
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/A0.010.010.010.010.03N/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/A0.060.050.060.060.14N/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/A0.050.050.060.060.12N/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/A0.050.050.060.060.12N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A42.08N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/A0.820.59-0.023.431.76N/A
Company Equity Multiplier
4.714.424.304.293.173.303.723.423.894.284.513.17
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.160.180.180.160.100.070.030.02-0.000.150.170.10
Free Cash Flow / Operating Cash Flow Ratio
0.940.940.960.890.690.650.540.532.700.930.940.69
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/A0.820.59-0.023.431.76N/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
33.27%24.30%49.27%53.57%381.22%220.39%-25.31%18.69%105.51%-54.42%32.31%220.39%