Progressive Corp, the largest American motor insurance company is undervalued according to Wolfteam Ltd.'s revenue and profitability estimates.
With 49.59 billion USD in yearly revenue, growing at 4.01 % with net profit margin of 1.46 %, Progressive Corp's intrinsic valuation is 150 billion USD compared with Progressive Corp's valuation of current market capitalization of 90.58 billion USD.
Progressive Corp's profitability will recover and thus Progressive Corp is undervalued on comparables, according to Wolfteam Ltd.
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