WallStSmart

Hagerty Inc (HGTY)vsProgressive Corp (PGR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Progressive Corp generates 5917% more annual revenue ($87.64B vs $1.46B). PGR leads profitability with a 12.9% profit margin vs 2.9%. HGTY appears more attractively valued with a PEG of 0.23. HGTY earns a higher WallStSmart Score of 68/100 (B-).

HGTY

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 6.5Value: 10.0Quality: 4.3
Piotroski: 6/9Altman Z: 0.98

PGR

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 7.5Value: 7.3Quality: 5.3
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HGTYUndervalued (+31.6%)

Margin of Safety

+31.6%

Fair Value

$17.32

Current Price

$10.66

$6.66 discount

UndervaluedFair: $17.32Overvalued
PGRUndervalued (+76.9%)

Margin of Safety

+76.9%

Fair Value

$900.43

Current Price

$202.84

$697.59 discount

UndervaluedFair: $900.43Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HGTY3 strengths · Avg: 9.0/10
PEG RatioValuation
0.2310/10

Growing faster than its price suggests

Return on EquityProfitability
20.9%9/10

Every $100 of equity generates 21 in profit

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

PGR5 strengths · Avg: 9.0/10
P/E RatioValuation
10.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
40.5%10/10

Every $100 of equity generates 41 in profit

Market CapQuality
$120.67B9/10

Large-cap with strong market position

EPS GrowthGrowth
25.2%8/10

Earnings expanding 25.2% YoY

Free Cash FlowQuality
$3.05B8/10

Generating 3.0B in free cash flow

Areas to Watch

HGTY4 concerns · Avg: 3.3/10
P/E RatioValuation
28.4x4/10

Moderate valuation

EPS GrowthGrowth
4.1%4/10

4.1% earnings growth

Profit MarginProfitability
2.9%3/10

2.9% margin — thin

Altman Z-ScoreHealth
0.982/10

Distress zone — elevated risk

PGR1 concerns · Avg: 2.0/10
PEG RatioValuation
31.572/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : HGTY

The strongest argument for HGTY centers on PEG Ratio, Return on Equity, Revenue Growth. Revenue growth of 16.5% demonstrates continued momentum. PEG of 0.23 suggests the stock is reasonably priced for its growth.

Bull Case : PGR

The strongest argument for PGR centers on P/E Ratio, Return on Equity, Market Cap. Revenue growth of 12.2% demonstrates continued momentum.

Bear Case : HGTY

The primary concerns for HGTY are P/E Ratio, EPS Growth, Profit Margin. Thin 2.9% margins leave little buffer for downturns.

Bear Case : PGR

The primary concerns for PGR are PEG Ratio.

Key Dynamics to Monitor

HGTY profiles as a growth stock while PGR is a value play — different risk/reward profiles.

HGTY carries more volatility with a beta of 0.90 — expect wider price swings.

HGTY is growing revenue faster at 16.5% — sustainability is the question.

PGR generates stronger free cash flow (3.0B), providing more financial flexibility.

Bottom Line

HGTY scores higher overall (68/100 vs 67/100) and 16.5% revenue growth. PGR offers better value entry with a 76.9% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Hagerty Inc

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Hagerty Inc. is a leading specialty insurance provider focused on the automotive enthusiast segment, offering comprehensive coverage tailored for vintage cars, motorcycles, and collectible vehicles. The company's unique subscription-based model not only delivers robust insurance solutions but also cultivates a vibrant community for car enthusiasts through events and digital platforms. Leveraging its deep expertise in the collector car market, Hagerty has diversified its offerings to include valuation tools and investment opportunities, further enhancing its value proposition. As interest in classic car ownership continues to rise, Hagerty's innovative strategies and strong brand loyalty position it for sustained growth in the lucrative automotive collectibles niche.

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Progressive Corp

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and provides home insurance through select companies.

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