DB:FGPN

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Ambac Financial Group

Executive Summary

Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally.


Snowflake Analysis

Overvalued with concerning outlook.


Similar Companies

Share Price & News

How has Ambac Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FGPN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.3%

FGPN

1.1%

DE Insurance

2.7%

DE Market


1 Year Return

-29.4%

FGPN

-4.6%

DE Insurance

10.3%

DE Market

Return vs Industry: FGPN underperformed the German Insurance industry which returned -4.6% over the past year.

Return vs Market: FGPN underperformed the German Market which returned 10.3% over the past year.


Shareholder returns

FGPNIndustryMarket
7 Day8.3%1.1%2.7%
30 Day1.7%-0.4%1.9%
90 Day6.3%21.0%17.0%
1 Year-29.4%-29.4%0.7%-4.6%12.8%10.3%
3 Year-25.6%-25.6%25.5%9.3%7.1%-1.4%
5 Year-22.4%-22.4%58.9%26.1%18.2%2.3%

Price Volatility Vs. Market

How volatile is Ambac Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ambac Financial Group undervalued compared to its fair value and its price relative to the market?

0.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FGPN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FGPN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FGPN is unprofitable, so we can't compare its PE Ratio to the DE Insurance industry average.

PE vs Market: FGPN is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FGPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FGPN is good value based on its PB Ratio (0.6x) compared to the DE Insurance industry average (1x).


Next Steps

Future Growth

How is Ambac Financial Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

52.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FGPN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FGPN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FGPN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FGPN's revenue (13.5% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: FGPN's revenue (13.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FGPN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Ambac Financial Group performed over the past 5 years?

-62.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FGPN is currently unprofitable.

Growing Profit Margin: FGPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FGPN is unprofitable, and losses have increased over the past 5 years at a rate of 62.4% per year.

Accelerating Growth: Unable to compare FGPN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FGPN is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-12.4%).


Return on Equity

High ROE: FGPN has a negative Return on Equity (-31.8%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ambac Financial Group's financial position?


Financial Position Analysis

Short Term Liabilities: FGPN's short term assets ($3.7B) do not cover its short term liabilities ($4.7B).

Long Term Liabilities: FGPN's short term assets ($3.7B) do not cover its long term liabilities ($7.0B).


Debt to Equity History and Analysis

Debt Level: FGPN's debt to equity ratio (769.4%) is considered high.

Reducing Debt: FGPN's debt to equity ratio has reduced from 828.5% to 769.4% over the past 5 years.

Debt Coverage: FGPN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FGPN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Ambac Financial Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FGPN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FGPN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FGPN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FGPN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FGPN's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Claude LeBlanc (55 yo)

3.58yrs

Tenure

US$5,588,236

Compensation

Mr. Claude L. LeBlanc has been Chief Executive Officer, President and Director of Ambac Financial Group, Inc. and Ambac Assurance Corporation since January 1, 2017. Mr. LeBlanc has been Chief Financial Off ...


CEO Compensation Analysis

Compensation vs Market: Claude's total compensation ($USD5.59M) is above average for companies of similar size in the German market ($USD1.30M).

Compensation vs Earnings: Claude's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Claude LeBlanc
President3.58yrsUS$5.59m0.34%
$ 1.9m
David Trick
Executive VP10.58yrsUS$2.19m0.18%
$ 986.6k
Stephen Ksenak
Senior MD & General Counsel9.08yrsUS$1.74m0.13%
$ 699.7k
David Barranco
Senior MD and Head of Risk Management & Corporate Developmentno dataUS$1.64m0.079%
$ 428.9k
Rhonta Smith
Senior MD & Chief of Staff3.25yrsUS$1.35m0.049%
$ 268.0k
Robert Donovan
Chief Investment Officer6.58yrsno datano data
Robert Eisman
Senior MD10.75yrsUS$1.03m0.079%
$ 427.6k
Michael Reilly
Senior MDno datano data0.076%
$ 409.5k
Lisa Kampf
Managing Director of Investor Relations3.25yrsno datano data
Patrick McCormick
Managing Directorno datano datano data
Miguel Sanchez
Managing Director of Ambac UK & Europeno datano datano data
Peter Fraser
Managing Director of Infrastructure Financeno datano datano data

6.6yrs

Average Tenure

53yo

Average Age

Experienced Management: FGPN's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Claude LeBlanc
President3.58yrsUS$5.59m0.34%
$ 1.9m
David Herzog
Independent Director4.42yrsUS$357.00k0.028%
$ 151.7k
Claude Prieur
Independent Director4.58yrsUS$331.00k0.033%
$ 177.4k
Joan Lamm-Tennant
Independent Director2.42yrsUS$318.00kno data
Ian Haft
Independent Director4.42yrsUS$337.00kno data
Alexander Greene
Independent Director5.33yrsUS$341.00k0.028%
$ 153.8k
Jeffrey Stein
Independent Chairman of the Board5.58yrsUS$443.00k0.022%
$ 118.3k

4.4yrs

Average Tenure

61yo

Average Age

Experienced Board: FGPN's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FGPN insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ambac Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ambac Financial Group, Inc.
  • Ticker: FGPN
  • Exchange: DB
  • Founded: 1991
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$639.037m
  • Listing Market Cap: US$541.904m
  • Shares outstanding: 45.81m
  • Website: https://www.ambac.com

Number of Employees


Location

  • Ambac Financial Group, Inc.
  • One World Trade Center
  • 41st Floor
  • New York
  • New York
  • 10007
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMBCNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 1999
FGPNDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1999

Biography

Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. It offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 21:28
End of Day Share Price2020/08/12 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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 here.