Axis Capital Holdings Ltd

Find Ratings Reports
AXS : NYSE : Financial
$64.5 | %
Today's Range: 64.39 - 65.115
Avg. Daily Volume: 507200.0
01/20/17 - 4:02 PM ET

Financial Analysis


AXIS CAPITAL HOLDINGS LTD's gross profit margin for the third quarter of its fiscal year 2016 has significantly increased when compared to the same period a year ago. Even though sales increased, the net income has decreased.

At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 3.42% 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 Q3 FY16 Q3 FY15
Net Sales ($mil)1062.49896.23
EBITDA ($mil)203.5621.32
EBIT ($mil)197.445.37
Net Income ($mil)186.61257.64


Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)1473.851615.64
Total Assets ($mil)21222.3920557.34
Total Debt ($mil)992.63991.56
Equity ($mil)6025.665826.37


Profitability Q3 FY16 Q3 FY15
Gross Profit Margin32.0317.08
EBITDA Margin19.152.37
Operating Margin18.580.6
Sales Turnover0.190.19
Return on Assets2.393.26
Return on Equity7.7810.82
Debt Q3 FY16 Q3 FY15
Current Ratio0.00.0
Debt/Capital0.140.15
Interest Expense12.8412.92
Interest Coverage15.380.42


Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)88.4496.05
Div / share0.350.29
EPS1.962.5
Book value / share68.1360.66
Institutional Own % n/a n/a
Avg Daily Volume499540.0438674.0

Valuation


BUY. AXIS CAPITAL HOLDINGS LTD's P/E ratio indicates a significant discount compared to an average of 28.29 for the Insurance industry and a significant discount compared to the S&P 500 average of 25.49. Conducting a second comparison, its price-to-book ratio of 0.95 indicates a significant discount versus the S&P 500 average of 2.84 and a discount versus the industry average of 1.59. The current price-to-sales ratio is well below the S&P 500 average, but above the industry average. 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
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
AXS 12.85 Peers 28.29   AXS 16.56 Peers 13.81

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.

 

Premium. 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 premium to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
AXS 14.74 Peers 17.49   AXS NM Peers 1.96

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

AXS is trading at a discount to 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
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
AXS 0.95 Peers 1.59   AXS -19.46 Peers 3.95

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
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
AXS 1.44 Peers 1.41   AXS 1.55 Peers 10.38

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

 

 

Latest Stock Upgrades/Downgrades