​

Trisura Group Ltd.

TSX:TSU Stock Report

Market Cap: CA$2.1b

Trisura Group (TSU) Stock Overview

A specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. More details

TSU fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 48.3% below our estimate of its fair value

Earnings are forecast to grow 23.71% per year

Earnings grew by 24.7% over the past year

Risk Analysis

High level of non-cash earnings


TSU Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

TSU logo
Trisura Group
AN
AnalystConsensusTarget
Consensus Narrative from 8 Analysts

Expansion Into US Surety Market Will Strengthen Future Operations

Key Takeaways Expansion into U.S. Surety market and strategic exits from underperforming lines point to potential significant revenue and margin growth. Investment income growth and inorganic growth opportunities could boost earnings, enhance shareholder equity and improve operational focus.
View narrative
CA$52.09
FV
15.1% undervalued intrinsic discount
7.52%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
17users have followed this narrative
7 days ago author updated this narrative
View Stock Community

Trisura Group Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Trisura Group
Historical stock prices
Current Share PriceCA$44.24
52 Week HighCA$46.75
52 Week LowCA$30.77
Beta0.76
1 Month Change10.49%
3 Month Change30.23%
1 Year Change9.15%
3 Year Change36.42%
5 Year Change176.50%
Change since IPO762.80%

Recent News & Updates

With EPS Growth And More, Trisura Group (TSE:TSU) Makes An Interesting Case

Apr 28
With EPS Growth And More, Trisura Group (TSE:TSU) Makes An Interesting Case

Trisura Group Ltd.'s (TSE:TSU) Shareholders Might Be Looking For Exit

Apr 02
Trisura Group Ltd.'s (TSE:TSU) Shareholders Might Be Looking For Exit

Recent updates

With EPS Growth And More, Trisura Group (TSE:TSU) Makes An Interesting Case

Apr 28
With EPS Growth And More, Trisura Group (TSE:TSU) Makes An Interesting Case

Trisura Group Ltd.'s (TSE:TSU) Shareholders Might Be Looking For Exit

Apr 02
Trisura Group Ltd.'s (TSE:TSU) Shareholders Might Be Looking For Exit
author-image

Expansion In US Insurance Platforms Will Improve Competitive Positioning

Expanding U.S. operations and building distribution relationships could drive premium growth and revenue increases.

Little Excitement Around Trisura Group Ltd.'s (TSE:TSU) Revenues

Dec 20
Little Excitement Around Trisura Group Ltd.'s (TSE:TSU) Revenues

Is Now The Time To Put Trisura Group (TSE:TSU) On Your Watchlist?

Nov 12
Is Now The Time To Put Trisura Group (TSE:TSU) On Your Watchlist?

Earnings Tell The Story For Trisura Group Ltd. (TSE:TSU) As Its Stock Soars 26%

Feb 17
Earnings Tell The Story For Trisura Group Ltd. (TSE:TSU) As Its Stock Soars 26%

Potential Upside For Trisura Group Ltd. (TSE:TSU) Not Without Risk

Dec 22
Potential Upside For Trisura Group Ltd. (TSE:TSU) Not Without Risk

Here's Why Trisura Group (TSE:TSU) Has Caught The Eye Of Investors

Jan 24
Here's Why Trisura Group (TSE:TSU) Has Caught The Eye Of Investors

Does Trisura Group (TSE:TSU) Deserve A Spot On Your Watchlist?

Oct 04
Does Trisura Group (TSE:TSU) Deserve A Spot On Your Watchlist?

If EPS Growth Is Important To You, Trisura Group (TSE:TSU) Presents An Opportunity

Jun 27
If EPS Growth Is Important To You, Trisura Group (TSE:TSU) Presents An Opportunity

Here's Why I Think Trisura Group (TSE:TSU) Is An Interesting Stock

Feb 02
Here's Why I Think Trisura Group (TSE:TSU) Is An Interesting Stock

Is Now The Time To Put Trisura Group (TSE:TSU) On Your Watchlist?

Nov 01
Is Now The Time To Put Trisura Group (TSE:TSU) On Your Watchlist?

Here's Why We Think Trisura Group (TSE:TSU) Is Well Worth Watching

Jul 20
Here's Why We Think Trisura Group (TSE:TSU) Is Well Worth Watching

It Looks Like The CEO Of Trisura Group Ltd. (TSE:TSU) May Be Underpaid Compared To Peers

May 20
It Looks Like The CEO Of Trisura Group Ltd. (TSE:TSU) May Be Underpaid Compared To Peers

Here's Why We Think Trisura Group (TSE:TSU) Is Well Worth Watching

Apr 06
Here's Why We Think Trisura Group (TSE:TSU) Is Well Worth Watching

If You Had Bought Trisura Group (TSE:TSU) Stock Three Years Ago, You Could Pocket A 347% Gain Today

Mar 11
If You Had Bought Trisura Group (TSE:TSU) Stock Three Years Ago, You Could Pocket A 347% Gain Today

Shareholder Returns

TSUCA InsuranceCA Market
7D-0.09%-2.6%0.4%
1Y9.2%32.1%19.9%

Return vs Industry: TSU underperformed the Canadian Insurance industry which returned 32.5% over the past year.

Return vs Market: TSU underperformed the Canadian Market which returned 19.3% over the past year.

Price Volatility

Is TSU's price volatile compared to industry and market?
TSU volatility
TSU Average Weekly Movement4.1%
Insurance Industry Average Movement3.3%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.5%

Stable Share Price: TSU has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TSU's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aDavid Clarewww.trisura.com

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through two segments: Trisura Canada and Trisura the United States. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.

Trisura Group Ltd. Fundamentals Summary

How do Trisura Group's earnings and revenue compare to its market cap?
TSU fundamental statistics
Market capCA$2.13b
Earnings (TTM)CA$111.47m
Revenue (TTM)CA$3.19b
18.9x
P/E Ratio
0.7x
P/S Ratio

Is TSU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSU income statement (TTM)
RevenueCA$3.19b
Cost of RevenueCA$3.03b
Gross ProfitCA$151.72m
Other ExpensesCA$40.24m
EarningsCA$111.47m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.34
Gross Margin4.76%
Net Profit Margin3.50%
Debt/Equity Ratio12.0%

How did TSU perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 13:07
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Trisura Group Ltd. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom MacKinnonBMO Capital Markets Equity Research
Jeffrey FenwickCormark Securities Inc.
Doug YoungDesjardins Securities Inc.