What is Root's value? (incl. Excel workbook)
It's about their return on equity and their ability to retain and redeploy their earnings into underwriting more policies, a possible flywheel with the potential to become a much bigger company.
Disclaimer: The information contained in this article is not and should not be construed as investment advice. This is my investing journey and I simply share what I do and why I do that for educational and entertainment purposes.
Do your own research and don’t get too exuberant with this. :)
Other than that, no further intro required. You have made it very clear that you want this article. Let’s jump right in.