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RQIH

Randall & Quilter Investment Holdings AIM:RQIH Stock Report

Last Price

UK£1.07

Market Cap

UK£322.3m

7D

0%

1Y

-36.4%

Updated

30 Jun, 2022

Data

Company Financials
RQIH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

RQIH Stock Overview

Randall & Quilter Investment Holdings Ltd., together with its subsidiaries, owns and manages insurance companies worldwide.

Randall & Quilter Investment Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Randall & Quilter Investment Holdings
Historical stock prices
Current Share PriceUK£1.07
52 Week HighUK£1.91
52 Week LowUK£0.78
Beta0.42
1 Month Change12.11%
3 Month Change-33.44%
1 Year Change-36.42%
3 Year Change-39.49%
5 Year Change-23.35%
Change since IPO-21.61%

Recent News & Updates

Shareholder Returns

RQIHGB InsuranceGB Market
7D0%3.6%1.4%
1Y-36.4%-20.0%-9.5%

Return vs Industry: RQIH underperformed the UK Insurance industry which returned -17.8% over the past year.

Return vs Market: RQIH underperformed the UK Market which returned -6.7% over the past year.

Price Volatility

Is RQIH's price volatile compared to industry and market?
RQIH volatility
RQIH Average Weekly Movement14.5%
Insurance Industry Average Movement4.0%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.8%

Stable Share Price: RQIH is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: RQIH's weekly volatility has increased from 8% to 14% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991295Alan Quilterhttps://www.rqih.com

Randall & Quilter Investment Holdings Ltd., together with its subsidiaries, owns and manages insurance companies worldwide. It operates through Program Management, Legacy Insurance, and Other segments. The company acquires legacy portfolios; and manages the run-off of claims reserves.

Randall & Quilter Investment Holdings Fundamentals Summary

How do Randall & Quilter Investment Holdings's earnings and revenue compare to its market cap?
RQIH fundamental statistics
Market CapUS$391.65m
Earnings (TTM)-US$127.40m
Revenue (TTM)US$106.30m

3.7x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RQIH income statement (TTM)
RevenueUS$106.30m
Cost of RevenueUS$125.90m
Gross Profit-US$19.60m
Other ExpensesUS$107.80m
Earnings-US$127.40m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.42
Gross Margin-18.44%
Net Profit Margin-119.85%
Debt/Equity Ratio99.8%

How did RQIH perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is RQIH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RQIH?

Other financial metrics that can be useful for relative valuation.

RQIH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4.7x
Enterprise Value/EBITDA-2.8x
PEG Ration/a

Price to Book Ratio vs Peers

How does RQIH's PB Ratio compare to its peers?

RQIH PB Ratio vs Peers
The above table shows the PB ratio for RQIH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.1x
CRE Conduit Holdings
0.7x44.3%UK£553.9m
CSN Chesnara
0.9x-4.9%UK£421.2m
LRE Lancashire Holdings
0.8x43.0%UK£973.2m
SBRE Sabre Insurance Group
2x14.1%UK£512.0m
RQIH Randall & Quilter Investment Holdings
1xn/aUK£322.3m

Price-To-Book vs Peers: RQIH is good value based on its Price-To-Book Ratio (1x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does RQIH's PE Ratio compare vs other companies in the GB Insurance Industry?

Price-To-Book vs Industry: RQIH is good value based on its Price-To-Book Ratio (1x) compared to the UK Insurance industry average (1x)


Price to Book Ratio vs Fair Ratio

What is RQIH's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RQIH PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate RQIH's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of RQIH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RQIH (£1.07) is trading below our estimate of fair value (£1.18)

Significantly Below Fair Value: RQIH is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

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


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Future Growth

How is Randall & Quilter Investment Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.0%

Forecasted Insurance industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Randall & Quilter Investment Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Randall & Quilter Investment Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Randall & Quilter Investment Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Randall & Quilter Investment Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-33.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RQIH is currently unprofitable.

Growing Profit Margin: RQIH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RQIH is unprofitable, and losses have increased over the past 5 years at a rate of 33.3% per year.

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

Earnings vs Industry: RQIH is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-10.8%).


Return on Equity

High ROE: RQIH has a negative Return on Equity (-32.13%), as it is currently unprofitable.


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Financial Health

How is Randall & Quilter Investment Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RQIH's short term assets ($3.5B) exceed its short term liabilities ($156.3M).

Long Term Liabilities: RQIH's short term assets ($3.5B) do not cover its long term liabilities ($4.6B).


Debt to Equity History and Analysis

Debt Level: RQIH's net debt to equity ratio (29.7%) is considered satisfactory.

Reducing Debt: RQIH's debt to equity ratio has increased from 69.8% to 99.8% over the past 5 years.

Debt Coverage: RQIH's debt is well covered by operating cash flow (24.8%).

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


Balance Sheet


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Dividend

What is Randall & Quilter Investment Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate RQIH'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 RQIH's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: RQIH is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RQIH has not reported any payouts.


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Management

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

1.4yrs

Average management tenure


CEO

Alan Quilter (69 yo)

31.42yrs

Tenure

US$2,708,119

Compensation

Mr. Alan Kevin Quilter co-founded Randall & Quilter group in 1991. He serves as Group Chief Executive Officer at Randall & Quilter Investment Holdings Ltd. He served as Chief Executive Officer at Randall &...


CEO Compensation Analysis

Compensation vs Market: Alan's total compensation ($USD2.71M) is above average for companies of similar size in the UK market ($USD1.01M).

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


Leadership Team

Experienced Management: RQIH's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: RQIH's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.


Top Shareholders

Company Information

Randall & Quilter Investment Holdings Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Randall & Quilter Investment Holdings Ltd.
  • Ticker: RQIH
  • Exchange: AIM
  • Founded: 1991
  • Industry: Reinsurance
  • Sector: Insurance
  • Implied Market Cap: UK£322.308m
  • Shares outstanding: 302.64m
  • Website: https://www.rqih.com

Number of Employees


Location

  • Randall & Quilter Investment Holdings Ltd.
  • F. B. Perry Building
  • 2nd Floor
  • Hamilton
  • HM 12
  • Bermuda

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.