Axis Capital Holdings Ltd
Find Ratings Reports
0.29 |
0.53%
AXIS CAPITAL HOLDINGS LTD's gross profit margin for the second quarter of its fiscal year 2016 has decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
| Income Statement | Q2 FY16 | Q2 FY15 |
|---|---|---|
| Net Sales ($mil) | 1058.84 | 1022.13 |
| EBITDA ($mil) | 96.63 | 121.92 |
| EBIT ($mil) | 90.67 | 118.23 |
| Net Income ($mil) | 129.46 | 73.37 |
| Balance Sheet | Q2 FY16 | Q2 FY15 |
|---|---|---|
| Cash & Equiv. ($mil) | 1355.48 | 1754.57 |
| Total Assets ($mil) | 21249.44 | 20704.88 |
| Total Debt ($mil) | 992.36 | 991.3 |
| Equity ($mil) | 5964.18 | 5948.56 |
| Profitability | Q2 FY16 | Q2 FY15 |
|---|---|---|
| Gross Profit Margin | 22.42 | 25.31 |
| EBITDA Margin | 9.12 | 11.92 |
| Operating Margin | 8.56 | 11.57 |
| Sales Turnover | 0.18 | 0.2 |
| Return on Assets | 2.73 | 3.39 |
| Return on Equity | 9.05 | 11.12 |
| Debt | Q2 FY16 | Q2 FY15 |
|---|---|---|
| Current Ratio | 0.0 | 0.0 |
| Debt/Capital | 0.14 | 0.14 |
| Interest Expense | 12.91 | 12.94 |
| Interest Coverage | 7.02 | 9.14 |
| Share Data | Q2 FY16 | Q2 FY15 |
|---|---|---|
| Shares outstanding (mil) | 90.65 | 100.28 |
| Div / share | 0.35 | 0.29 |
| EPS | 1.29 | 0.63 |
| Book value / share | 65.79 | 59.32 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 446957.0 | 496039.0 |
BUY. AXIS CAPITAL HOLDINGS LTD's P/E ratio indicates a significant discount compared to an average of 42.44 for the Insurance industry and a significant discount compared to the S&P 500 average of 25.19. Conducting a second comparison, its price-to-book ratio of 0.85 indicates a significant discount versus the S&P 500 average of 2.82 and a discount versus the industry average of 1.57. The current price-to-sales ratio is well below the S&P 500 average and is also below the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, AXIS CAPITAL HOLDINGS LTD proves to trade at a discount to investment alternatives within the industry.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AXS 9.99 | Peers 42.44 | AXS 7.18 | Peers 11.90 | |||||||||||||||||||||
|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. AXS is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. AXS is trading at a significant discount to its peers. |
|||||||||||||||||||||||
| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| AXS 13.13 | Peers 14.88 | AXS NM | Peers 2.00 | |||||||||||||||||||||
|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations. AXS is trading at a valuation on par with its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. AXS's negative PEG ratio makes this valuation measure meaningless. |
|||||||||||||||||||||||
| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| AXS 0.85 | Peers 1.57 | AXS -13.34 | Peers -5.86 | |||||||||||||||||||||
|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. AXS is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, AXS is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| AXS 1.33 | Peers 1.41 | AXS -7.90 | Peers 4.35 | |||||||||||||||||||||
|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. AXS is trading at a valuation on par with its industry on this measurement. |
Lower. A sales growth rate that trails the industry implies that a company is losing market share. AXS significantly trails its peers on the basis of sales growth |
|||||||||||||||||||||||
