Trupanion Inc Stock Research

Market Summary

USD22.47+1.19

Market Closed

5.59%

TRUP Alerts

1 major insider sales recently.

TRUP Stock Price

TRUP RSI Chart

TRUP Valuation

Market Cap

921.6M

Price/Earnings (Trailing)

-20.63

Price/Sales (Trailing)

1.02

EV/EBITDA

-31.86

Price/Free Cashflow

-36.73

TRUP Price/Sales (Trailing)

TRUP Profitability

Operating Margin

13.50%

EBT Margin

-4.88%

Return on Equity

-14.63%

Return on Assets

-6.65%

Free Cashflow Yield

-2.72%

TRUP Fundamentals

TRUP Revenue

Revenue (TTM)

905.2M

Revenue Y/Y

26.56%

Revenue Q/Q

5.24%

TRUP Earnings

Earnings (TTM)

-44.7M

Earnings Y/Y

-31.85%

Earnings Q/Q

28.1%

Price Action

52 Week Range

19.6482.49

(Low)(High)

Last 7 days

5.1%

Last 30 days

-39.5%

Last 90 days

-61.0%

Trailing 12 Months

-66.4%

TRUP Financial Health

Current Ratio

1.62

Debt/Equity

0.22

Debt/Cashflow

-0.12

TRUP Investor Care

Shares Dilution (1Y)

1.33%

Diluted EPS (TTM)

-1.1

Peers (Alternatives to Trupanion)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PGR	80.9B	52.1B	-5.87%	7.15%	112.13	1.63	6.08%	-60.84%
AFL	41.9B	19.0B	-8.74%	7.96%	9.97	2.15	-11.53%	7.21%
TRV	39.1B	37.8B	-6.89%	-3.45%	13.97	1.03	6.99%	-29.09%
MET	38.1B	69.5B	-19.12%	-25.38%	19.55	0.55	-2.45%	-71.62%
PFG	15.9B	17.2B	-11.52%	-9.45%	3.7	0.93	21.44%	173.64%
MID-CAP
RGA	10.0B	16.3B	-2.12%	12.60%	37	0.61	-2.40%	0.97%
UNM	9.2B	12.0B	3.87%	21.31%	6.51	0.77	1.01%	53.46%
AIZ	6.4B	10.4B	-2.49%	-31.06%	26.43	0.62	1.13%	-82.21%
GNW	2.6B	7.5B	-6.96%	32.10%	4.99	0.35	-3.49%	-39.72%
CNO	2.5B	3.7B	-4.57%	6.28%	8.79	0.67	-5.54%	-30.11%
TRUP	921.6M	905.2M	-39.53%	-66.40%	-20.63	1.02	29.50%	-25.73%
SMALL-CAP
HMN	1.4B	1.4B	-4.87%	-25.06%	-529.92	1	2.59%	-108.90%
PLMR	1.4B	338.2M	8.15%	-12.05%	24.81	4.03	22.24%	25.58%
JRVR	720.0M	847.3M	-1.59%	-25.09%	23.7	0.85	7.01%	151.37%

Financials for Trupanion

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	6.0%	905,179,000	853,549,000	801,456,000	750,305,000	698,991,000
Operating Expenses	4.1%	164,933,000	158,428,000	151,816,000	144,566,000	139,371,000
S&GA Expenses	3.0%	89,500,000	86,888,000	84,162,000	80,570,000	78,647,000
EBITDA	-5.8%	-29,008,000	-27,421,000	-23,198,000	-19,754,000	-
EBITDA Margin	0.2%	-0.03	-0.03	-0.03	-0.03	-
Earnings Before Taxes	-8.0%	-44,196,000	-40,904,000	-35,617,000	-31,434,000	-35,220,000
EBT Margin	-1.9%	-0.05	-0.05	-0.04	-0.04	-
Interest Expenses	58.7%	4,267,000	2,689,000	1,281,000	91,000	10,000
Net Income	-5.3%	-44,672,000	-42,429,000	-36,334,000	-31,937,000	-35,530,000
Net Income Margin	0.7%	-0.05	-0.05	-0.05	-0.04	-
Free Cahsflow	-30.1%	-25,088,000	-19,291,000	-9,404,000	-7,422,000	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	3.7%	672	648	635	635	563
Current Assets	11.2%	469	422	463	463	391
Cash Equivalents	-23.3%	66.00	86.00	102	122	87.00
Net PPE	4.2%	91.00	87.00	83.00	80.00	78.00
Goodwill	42.2%	42.00	30.00	29.00	32.00	33.00
Liabilities	7.1%	366	342	320	306	230
Current Liabilities	2.9%	290	281	260	246	224
Long Term Debt	Infinity%	68.00	-	-	-	-
LT Debt, Current	83.8%	1.00	1.00	1.00	1.00	-
LT Debt, Non Current	-0.1%	54.00	54.00	54.00	-	-
Shareholder's Equity	-0.1%	305	306	315	329	332
Retained Earnings	-5.7%	-171	-162	-149	-135	-126
Additional Paid-In Capital	1.9%	500	491	482	473	467
Shares Outstanding	0.3%	41.00	41.00	41.00	41.00	40.00

* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-107.1%	-8,000	-3,863	4,660	5,603	7,458
Share Based Compensation	5.6%	33,393	31,634	29,434	27,327	28,226
Cashflow From Investing	-18.3%	-67,516	-57,070	-58,414	-61,562	-51,913
Cashflow From Financing	33.2%	60,743	45,610	46,039	52,283	-1,125
Buy Backs	35868.8%	5,755	16.00	0.00	-	-

Risks for TRUP

What is the probability of a big loss on TRUP?

100%

Probability that Trupanion stock will be more than 20% underwater in next one year

90.4%

Probability that Trupanion stock will be more than 30% underwater in next one year.

56.1%

Probability that Trupanion stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TRUP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Trupanion was unfortunately bought at previous high price.

Drawdowns

Returns for TRUP

Cumulative Returns on TRUP

6.6%

7-Year Cumulative Returns

-7.1%

5-Year Cumulative Returns

-9.3%

3-Year Cumulative Returns

What are the long-term rolling returns for TRUP?

FIve years rolling returns for Trupanion.

Annualized Returns

Which funds bought or sold TRUP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	added	1,277	3,284,610	3,571,880	0.01%
2023-05-23	Capital Impact Advisors, LLC	unchanged	-	-40,981	378,804	0.47%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-4.28	-899,177	5,699,820	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-6.08	-610,000	3,393,000	-%
2023-05-18	JPMORGAN CHASE & CO	added	18.62	363,000	5,488,000	-%
2023-05-17	Advisory Services Network, LLC	sold off	-100	-19,012	-	-%
2023-05-17	Thrivent Financial for Lutherans	reduced	-3.39	-220,000	1,494,000	-%
2023-05-17	CHECK CAPITAL MANAGEMENT INC/CA	added	6.49	-29,000	703,000	0.03%
2023-05-16	BBJS FINANCIAL ADVISORS, LLC	sold off	-100	-3,565	-	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	new	-	1,353,990	1,353,990	-%

Latest Funds Activity

Are funds buying TRUP calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own TRUP

No. of Funds

TRUP Alerts

1 major insider sales recently.

Trupanion News

Schedule 13G FIlings of Trupanion

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital world investors	9.8%	4,018,881	SC 13G/A
Feb 09, 2023	vanguard group inc	9.78%	3,999,232	SC 13G/A
Feb 06, 2023	wellington management group llp	3.41%	1,393,564	SC 13G/A
Feb 01, 2023	blackrock inc.	14.5%	5,917,745	SC 13G/A
Feb 11, 2022	capital world investors	6.0%	2,408,785	SC 13G
Feb 04, 2022	wellington management group llp	5.81%	2,344,490	SC 13G/A
Jan 27, 2022	blackrock inc.	14.3%	5,768,753	SC 13G/A
Jan 26, 2022	blackrock inc.	14.3%	5,768,753	SC 13G/A
Apr 15, 2021	renaissancere ventures ltd.	3.74%	1,477,493	SC 13G/A
Feb 16, 2021	capital world investors	4.8%	1,703,000	SC 13G/A

TRUP Fair Value

Show Fair-Value

Recent SEC filings of Trupanion

View All Filings

Date Filed	Form Type	Document
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading
May 30, 2023	4	Insider Trading

Latest Insider Trading transactions for TRUP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-25	RAWLINGS DARRYL	acquired	-	-	5,780	chief executive officer
2023-05-25	GALLAGHER JOHN R	acquired	-	-	1,826	evp, global support services
2023-05-25	DREYER EMILY	acquired	-	-	2,407	svp, channel growth
2023-05-25	RAWLINGS DARRYL	sold (taxes)	-29,019	20.64	-1,406	chief executive officer
2023-05-25	WEINRAUCH STEVE	acquired	-	-	3,189	evp, north am & vet strategy
2023-05-25	WORRA TRAVIS	acquired	-	-	405	general manager
2023-05-25	Tooth Margaret	sold (taxes)	-67,885	20.64	-3,289	president
2023-05-25	WHEELER SIMON	acquired	-	-	974	evp, trupanion international
2023-05-25	RAVAL KALPESH	sold (taxes)	-577	20.64	-28.00	general manager
2023-05-25	DREYER EMILY	sold (taxes)	-12,053	20.64	-584	svp, channel growth

About Trupanion

TRUP Income Statement

2023-03-31

Consolidated Statement of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenues	$ 256,329	$ 205,999
Claims Expense	194,137	144,926
Other Cost of Services Sold	35,846	31,179
Cost of Revenue	229,983	176,105
Technology and Development Expense	4,900	5,229
General and Administrative Expense	21,017	9,366
Selling and Marketing Expense	21,642	21,627
Depreciation, Depletion and Amortization	3,202	2,717
Operating Expenses	50,761	38,939
Income (Loss) from Equity Method Investments	(71)	(69)
Operating Income (Loss), Total	(24,486)	(9,114)
Interest Expense	2,387	79
Other Nonoperating Income (Expense)	(1,902)	(314)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	(24,971)	(8,879)
Income Tax Expense (Benefit)	(191)	(24)
Net Income (Loss) Available to Common Stockholders, Basic, Total	$ (24,780)	$ (8,855)
Earnings Per Share, Basic and Diluted [Abstract]
Earnings Per Share, Basic	$ (0.60)	$ (0.22)
Earnings Per Share, Diluted	$ (0.60)	$ (0.22)
Weighted Average Number of Shares Outstanding, Basic	41,107,889	40,581,989
Weighted Average Number of Shares Outstanding, Diluted	41,107,889	40,581,989

TRUP Balance Sheet

2023-03-31

Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets [Abstract]
Cash and Cash Equivalents, at Carrying Value	$ 126,714	$ 65,605
Short-term Investments	117,910	156,804
Accounts and Other Receivables, Net, Current	248,244	232,439
Prepaid Expense and Other Assets	17,491	14,248
Assets, Current, Total	510,359	469,096
Restricted Cash and Cash Equivalents	19,045	19,032
Marketable Securities, Noncurrent	8,440	7,841
Property, Plant and Equipment, Net	94,472	90,701
Intangible Assets, Net (Excluding Goodwill)	23,023	24,031
Other Assets, Noncurrent	19,544	18,943
Goodwill	43,031	41,983
Assets, Total	717,914	671,627
Liabilities and Equity [Abstract]
Accounts Payable, Current	7,384	9,471
Accrued Liabilities, Current	29,560	32,616
Liability for Claims and Claims Adjustment Expense	48,295	43,734
Deferred Revenue	225,513	202,692
Long-term Debt, Current Maturities	1,263	1,103
Liabilities, Current, Total	312,015	289,616
Long-term Debt, Excluding Current Maturities	102,936	68,354
Deferred Income Tax Liabilities, Net	3,130	3,392
Other Liabilities, Noncurrent	5,024	4,968
Liabilities, Total	423,105	366,330
Common Stock, Value, Outstanding	0	0
Preferred Stock, Value, Outstanding	0	0
Additional Paid in Capital	511,940	499,694
Accumulated Other Comprehensive Income (Loss), Net of Tax	(4,255)	(6,301)
Retained Earnings (Accumulated Deficit)	(196,342)	(171,562)
Treasury Stock, Value	(16,534)	(16,534)
Stockholders' Equity Attributable to Parent	294,809	305,297
Liabilities and Equity	$ 717,914	$ 671,627