Everest Re Group Ltd

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RE : NYSE : Financial
$244.22 up 0.28 | 0.11%
Today's Range: 242.67 - 244.9
Avg. Daily Volume: 234900.0
05/22/17 - 3:58 PM ET

Financial Analysis


EVEREST RE GROUP LTD's gross profit margin for the first quarter of its fiscal year 2017 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 6.47% from the same quarter last year.

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Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)1484.781248.2
EBITDA ($mil)0.00.0
EBIT ($mil)347.38192.45
Net Income ($mil)291.64171.69


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)945.421703.07
Total Assets ($mil)22192.9520855.85
Total Debt ($mil)633.23638.37
Equity ($mil)8347.887840.3


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin23.415.42
EBITDA Margin0.00.0
Operating Margin23.415.42
Sales Turnover0.270.26
Return on Assets5.023.96
Return on Equity13.3710.54
Debt Q1 FY17 Q1 FY16
Current Ratio0.00.0
Debt/Capital0.070.08
Interest Expense8.969.23
Interest Coverage38.7520.86


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)41.0642.4
Div / share1.251.15
EPS7.074.0
Book value / share203.32184.92
Institutional Own % n/a n/a
Avg Daily Volume235075.0295676.0

Valuation


BUY. EVEREST RE GROUP LTD's P/E ratio indicates a significant discount compared to an average of 29.46 for the Insurance industry and a significant discount compared to the S&P 500 average of 25.02. Conducting a second comparison, its price-to-book ratio of 1.20 indicates a significant discount versus the S&P 500 average of 3.00 and a discount versus the industry average of 1.80. 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 9.07 Peers 29.46   RE 7.13 Peers 10.60

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 11.90 Peers 15.34   RE NM Peers 1.62

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 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 1.20 Peers 1.80   RE 41.92 Peers 19.97

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 1.67 Peers 1.41   RE 9.30 Peers 11.83

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 trails its peers on the basis of sales growth

 

 

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