Ambac Financial Group (DB:FGPN) - Stock Price, News & Analysis

FGPN Stock Overview

Operates as a financial services holding company.

FGPN fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 6.3% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 94.9% per year for the next 3 years

Large one-off items impacting financial results

Profit margins (22.2%) are lower than last year

+ 1 more risk

Ambac Financial Group, Inc. Competitors

NÜRNBERGER Beteiligungs-AG

XTRA:NBG6

€599.0m

RheinLand Holding

DUSE:RLV

€119.8m

DFV Deutsche Familienversicherung

XTRA:DFV

€94.8m

Universal Insurance Holdings

NYSE:UVE

US$570.3m

Price History & Performance

Summary of all time highs, changes and price drops for Ambac Financial Group
Historical stock prices
Current Share Price	US$10.30
52 Week High	US$17.00
52 Week Low	US$9.50
Beta	1.23
11 Month Change	1.98%
3 Month Change	-4.63%
1 Year Change	-11.21%
33 Year Change	-28.47%
5 Year Change	-44.92%
Change since IPO	-72.16%

Recent updates

Shareholder Returns

	FGPN	DE Insurance	DE Market
7D	-1.9%	-2.0%	-2.2%
1Y	-11.2%	25.9%	13.3%

Return vs Industry: FGPN underperformed the German Insurance industry which returned 26.5% over the past year.

Return vs Market: FGPN underperformed the German Market which returned 13.6% over the past year.

Price Volatility

Is FGPN's price volatile compared to industry and market?
FGPN volatility
FGPN Average Weekly Movement	5.2%
Insurance Industry Average Movement	3.2%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: FGPN's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1991	178	Claude LeBlanc	www.ambac.com

Ambac Financial Group, Inc. operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks.

Ambac Financial Group, Inc. Fundamentals Summary

How do Ambac Financial Group's earnings and revenue compare to its market cap?
FGPN fundamental statistics
Market cap	€488.95m
Earnings (TTM)	€68.96m
Revenue (TTM)	€310.76m

7.1x

P/E Ratio

1.6x

P/S Ratio

Is FGPN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FGPN income statement (TTM)
Revenue	US$338.00m
Cost of Revenue	US$9.00m
Gross Profit	US$329.00m
Other Expenses	US$254.00m
Earnings	US$75.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 12, 2024

Earnings per share (EPS)	1.58
Gross Margin	97.34%
Net Profit Margin	22.19%
Debt/Equity Ratio	315.4%

How did FGPN perform over the long term?

See historical performance and comparison

FGPN Stock Overview

Rewards

Risk Analysis

Ambac Financial Group, Inc. Competitors

XTRA:NBG6

€599.0m

DUSE:RLV

€119.8m

XTRA:DFV

€94.8m

NYSE:UVE

US$570.3m

Price History & Performance

Recent News & Updates

Ambac Financial Group, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Independent Director recently bought €90k worth of stock

New minor risk - Earnings quality

Independent Director recently bought €914k worth of stock

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: US$0.022 loss per share (vs US$0.28 loss in 2Q 2023)

Recent updates

Ambac Financial Group, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Independent Director recently bought €90k worth of stock

New minor risk - Earnings quality

Independent Director recently bought €914k worth of stock

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: US$0.022 loss per share (vs US$0.28 loss in 2Q 2023)

Ambac Financial Group, Inc. to Report Q2, 2024 Results on Aug 05, 2024

Investor sentiment deteriorates as stock falls 20%

Ambac Financial Group, Inc. (NYSE:AMBC) entered into a share purchase agreement to acquire 60% stake in Beat Capital Partners from Bain Capital Credit, LP and Beat's management team for $282 million.

Investor sentiment improves as stock rises 25%

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.75 loss in 1Q 2023)

Ambac Financial Group, Inc. to Report Q1, 2024 Results on May 06, 2024

Ambac Financial Group, Inc., Annual General Meeting, Jun 05, 2024

Full year 2023 earnings released: EPS: US$0.088 (vs US$11.48 in FY 2022)

Ambac Financial Group, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Investor sentiment improves as stock rises 21%

Third quarter 2023 earnings released: EPS: US$1.45 (vs US$7.50 in 3Q 2022)

Ambac Financial Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings released: US$0.28 loss per share (vs US$0.11 profit in 2Q 2022)

Ambac Financial Group, Inc. (NYSE: AMBC) acquired an unknown majority stake in Riverton Insurance Agency, Corp.

Ambac Financial Group, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Ambac Financial Group, Inc. Announces Board Appointments

First quarter 2023 earnings released: US$0.75 loss per share (vs US$0.043 profit in 1Q 2022)

Full year 2022 earnings released: EPS: US$11.42 (vs US$0.62 loss in FY 2021)

Ambac Financial Group, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Ambac Financial Group Appoints John Tatum as a Managing Director and Business Development Officer for its Insurance Distribution Division, Cirrata Group

MBIA Reportedly Takeover Talks with Rivals

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$7.50 (vs US$0.36 in 3Q 2021)

Ambac Financial Group, Inc. (NYSE:AMBC) acquired Capacity Marine Corporation.

Ambac Financial Group, Inc. (NYSE:AMBC) acquired an unknown majority stake in All Trans Risk Solutions, LLC.

Ambac Financial Group, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: EPS: US$0.11 (vs US$0.64 loss in 2Q 2021)

Ambac Financial Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Independent Director recently bought €276k worth of stock

First quarter 2022 earnings released: EPS: US$0.043 (vs US$0.086 in 1Q 2021)

Insufficient new directors

Ambac Financial Group, Inc. to Report Q1, 2022 Results on May 10, 2022

Ambac Financial Group, Inc. (NYSE:AMBC) announces an Equity Buyback for $20 million worth of its shares.

Ambac Financial Group Announces Management Changes

Independent Director recently bought €115k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Ambac Financial Group, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Ambac Financial Group, Inc. (NYSE:AMBC) acquired 21st Century Indemnity Insurance Company.

Director recently bought €112k worth of stock

President recently bought €138k worth of stock

Third quarter 2021 earnings released: EPS US$0.36 (vs US$2.34 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.64 loss per share (vs US$0.76 loss in 2Q 2020)

Independent Director Alexander Greene has left the company

First quarter 2021 earnings released: EPS US$0.37 (vs US$6.08 loss in 1Q 2020)

New 90-day high: €15.30

Ambac Financial Group, Inc., Annual General Meeting, May 25, 2021

Full year 2020 earnings released: US$9.47 loss per share (vs US$4.70 loss in FY 2019)

Revenue beats expectations

Ambac Financial Group, Inc. to Report Q4, 2020 Results on Mar 01, 2021

Ambac Financial Group, Inc. (NYSE:AMBC) completed the acquisition of 80% of interests of Xchange Benefits, LLC and Xchange Affinity Underwriting Agency, LLC from Xchange Group LLC.

New 90-day high: €13.80

New 90-day high: €11.90