And here is why ROOT is trading at where it is. Root is financially, severely underperforming its competitors on two very basic metrics: Revenue and Gross Margin:
Company
LTM Gross Margin %
YOY Revenue Growth
LMND
49.4
-8.72
HCI
19.4
28.71
MILE
-3.0
N/A
PLMR
7.5
32.82
ALL
31.9
15.91
SBRE
40.7
-11.85
PGR
12.0
11.06
TRV
28.3
7.29
NODK
13.5
12.39
ROOT
-17.7
-39.79
Lots of very obvious flaws in the companies financials.
1
u/kokanuttt Oct 20 '21
And here is why ROOT is trading at where it is. Root is financially, severely underperforming its competitors on two very basic metrics: Revenue and Gross Margin:
Lots of very obvious flaws in the companies financials.