Everest Re Group Ltd

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RE : NYSE : Financial
$218.62 | %
Today's Range: 218.09 - 220.18
Avg. Daily Volume: 320800.0
01/20/17 - 4:02 PM ET

Financial Analysis


EVEREST RE GROUP 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. 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 increased by 7.41% from the same quarter last year.

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Income Statement Q3 FY16 Q3 FY15
Net Sales ($mil)1493.381331.75
EBITDA ($mil)0.00.0
EBIT ($mil)312.791.04
Net Income ($mil)295.3988.55


Balance Sheet Q3 FY16 Q3 FY15
Cash & Equiv. ($mil)1650.923104.41
Total Assets ($mil)21663.0821682.31
Total Debt ($mil)633.12638.37
Equity ($mil)8041.097486.32


Profitability Q3 FY16 Q3 FY15
Gross Profit Margin20.946.84
EBITDA Margin0.00.0
Operating Margin20.946.84
Sales Turnover0.260.26
Return on Assets4.524.43
Return on Equity12.1812.83
Debt Q3 FY16 Q3 FY15
Current Ratio0.00.0
Debt/Capital0.070.08
Interest Expense8.898.99
Interest Coverage35.1610.13


Share Data Q3 FY16 Q3 FY15
Shares outstanding (mil)40.8943.09
Div / share1.150.95
EPS7.062.0
Book value / share196.67173.76
Institutional Own % n/a n/a
Avg Daily Volume313051.0239141.0

Valuation


BUY. EVEREST RE GROUP 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 1.12 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 below the S&P 500 average, but above the industry average. Upon assessment of these and other key valuation criteria, EVEREST RE GROUP 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
RE 9.56 Peers 28.29   RE 7.09 Peers 13.81

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

RE 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.

RE is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
RE 12.26 Peers 17.49   RE 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.

RE is trading at a significant 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.

RE'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
RE 1.12 Peers 1.59   RE 7.73 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.

RE is trading at a significant discount to its peers.

 

Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

RE is expected to have an earnings growth rate that significantly exceeds its peers.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
RE 1.57 Peers 1.41   RE 1.07 Peers 10.38

Premium. 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.

RE is trading at a premium to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

RE significantly trails its peers on the basis of sales growth

 

 

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