Admiral Group
Market Cap
UK£9.2b
Last Updated
2021/04/10 19:39 UTC
Data Sources
Company Financials +
Executive Summary
Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, India, and the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 8.9% per year for the next 3 years
Snowflake Analysis
Outstanding track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Admiral Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ADM is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ADM's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
3.0%
ADM
1.1%
GB Insurance
2.7%
GB Market
1 Year Return
42.1%
ADM
38.5%
GB Insurance
24.4%
GB Market
Return vs Industry: ADM exceeded the UK Insurance industry which returned 38.5% over the past year.
Return vs Market: ADM exceeded the UK Market which returned 24.4% over the past year.
Shareholder returns
| ADM | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 1.1% | 2.7% |
| 30 Day | 7.2% | 2.6% | 3.9% |
| 90 Day | 6.3% | 6.3% | 2.4% |
| 1 Year | 50.5%42.1% | 44.6%38.5% | 30.3%24.4% |
| 3 Year | 96.5%64.5% | 7.9%-10.7% | 15.2%1.5% |
| 5 Year | 119.6%63.1% | 41.6%5.7% | 42.8%15.7% |
Long-Term Price Volatility Vs. Market
How volatile is Admiral Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Could Admiral Group plc (LON:ADM) Have The Makings Of Another Dividend Aristocrat?3 weeks ago | Simply Wall St
Admiral Group plc (LON:ADM) Insiders Have Been Selling1 month ago | Simply Wall St
If You Like EPS Growth Then Check Out Admiral Group (LON:ADM) Before It's Too LateValuation
Is Admiral Group undervalued compared to its fair value and its price relative to the market?
8.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADM (£31.5) is trading below our estimate of fair value (£34.4)
Significantly Below Fair Value: ADM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ADM is poor value based on its PE Ratio (18.4x) compared to the GB Insurance industry average (15.2x).
PE vs Market: ADM is good value based on its PE Ratio (18.4x) compared to the UK market (25.6x).
Price to Earnings Growth Ratio
PEG Ratio: ADM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ADM is overvalued based on its PB Ratio (8.2x) compared to the GB Insurance industry average (1.4x).
Future Growth
How is Admiral Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ADM's earnings are forecast to decline over the next 3 years (-8.9% per year).
Earnings vs Market: ADM's earnings are forecast to decline over the next 3 years (-8.9% per year).
High Growth Earnings: ADM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ADM's revenue is expected to decline over the next 3 years (-11.6% per year).
High Growth Revenue: ADM's revenue is forecast to decline over the next 3 years (-11.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ADM's Return on Equity is forecast to be high in 3 years time (37.3%)
Past Performance
How has Admiral Group performed over the past 5 years?
14.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADM has high quality earnings.
Growing Profit Margin: ADM's current net profit margins (38.6%) are higher than last year (34.6%).
Past Earnings Growth Analysis
Earnings Trend: ADM's earnings have grown by 14.5% per year over the past 5 years.
Accelerating Growth: ADM's earnings growth over the past year (19.7%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: ADM earnings growth over the past year (19.7%) exceeded the Insurance industry -13%.
Return on Equity
High ROE: ADM's Return on Equity (44.7%) is considered outstanding.
Financial Health
How is Admiral Group's financial position?
Financial Position Analysis
Short Term Liabilities: ADM's short term assets (£5.0B) exceed its short term liabilities (£3.7B).
Long Term Liabilities: ADM's short term assets (£5.0B) exceed its long term liabilities (£3.1B).
Debt to Equity History and Analysis
Debt Level: ADM's debt to equity ratio (43.5%) is considered high.
Reducing Debt: ADM's debt to equity ratio has increased from 35.3% to 43.5% over the past 5 years.
Debt Coverage: ADM's debt is well covered by operating cash flow (124.6%).
Interest Coverage: ADM's interest payments on its debt are well covered by EBIT (29.2x coverage).
Balance Sheet
Dividend
What is Admiral Group current dividend yield, its reliability and sustainability?
4.97%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ADM's dividend (4.97%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: ADM's dividend (4.97%) is in the top 25% of dividend payers in the UK market (4.24%)
Stability and Growth of Payments
Stable Dividend: ADM's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.5%), ADM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADM's dividends in 3 years are not forecast to be well covered by earnings (108% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Milena Mondini-de-Focatiis
0.25
Tenure
UK£1,608,803
Compensation
Ms. Milena Mondini-de-Focatiis has been Executive Director at Admiral Group plc since August 11, 2020 and its Chief Executive Officer since January 1, 2021. She is deeply embedded in the Admiral culture wi...
CEO Compensation Analysis
Compensation vs Market: Milena's total compensation ($USD2.21M) is below average for companies of similar size in the UK market ($USD3.58M).
Compensation vs Earnings: Insufficient data to compare Milena's compensation with company performance.
Leadership Team
Experienced Management: ADM's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: ADM's board of directors are considered experienced (3.2 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Admiral Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Admiral Group plc
- Ticker: ADM
- Exchange: LSE
- Founded: 1993
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: UK£9.174b
- Shares outstanding: 291.24m
- Website: https://admiralgroup.co.uk
Number of Employees
Location
- Admiral Group plc
- Ty Admiral
- David Street
- Cardiff
- South Glamorgan
- CF10 2EH
- United Kingdom
Listings
Biography
Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, India, and the United States. The company operates through UK Insurance, International Insurance, Ad...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/10 19:39 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.