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ADM

Admiral GroupLSE:ADM Stock Report

Last Price

UK£32.66

Market Cap

UK£9.5b

7D

5.3%

1Y

11.8%

Updated

19 Jan, 2022

Data

Company Financials +
ADM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends5/6

ADM Stock Overview

Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, India, and the United States.

Admiral Group Competitors

Direct Line Insurance Group

LSE:DLG

UK£4.1b

Hiscox

LSE:HSX

UK£3.4b

Beazley

LSE:BEZ

UK£3.0b

Lancashire Holdings

LSE:LRE

UK£1.3b

Price History & Performance

Summary of all time highs, changes and price drops for Admiral Group
Historical stock prices
Current Share PriceUK£32.66
52 Week HighUK£37.06
52 Week LowUK£28.29
Beta0.29
1 Month Change5.63%
3 Month Change7.51%
1 Year Change11.85%
3 Year Change55.01%
5 Year Change82.15%
Change since IPO1,037.98%

Recent News & Updates

Dec 18
Do Admiral Group's (LON:ADM) Earnings Warrant Your Attention?

Do Admiral Group's (LON:ADM) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Sep 19
Here's Why We Think Admiral Group (LON:ADM) Is Well Worth Watching

Here's Why We Think Admiral Group (LON:ADM) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

ADMGB InsuranceGB Market
7D5.3%1.0%-1.0%
1Y11.8%3.2%8.3%

Return vs Industry: ADM exceeded the UK Insurance industry which returned 3.2% over the past year.

Return vs Market: ADM exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is ADM's price volatile compared to industry and market?
ADM volatility
ADM Average Weekly Movement2.7%
Insurance Industry Average Movement3.5%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.5%

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.

About the Company

FoundedEmployeesCEOWebsite
199311,445Milena Mondini-de-Focatiishttps://admiralgroup.co.uk

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, Admiral Loans, and Other segments. It underwrites car, van, household, and travel insurance.

Admiral Group Fundamentals Summary

How do Admiral Group's earnings and revenue compare to its market cap?
ADM fundamental statistics
Market CapUK£9.51b
Earnings (TTM)UK£662.40m
Revenue (TTM)UK£1.48b

14.4x

P/E Ratio

6.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADM income statement (TTM)
RevenueUK£1.48b
Cost of RevenueUK£261.30m
Gross ProfitUK£1.22b
ExpensesUK£560.40m
EarningsUK£662.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Mar 03, 2022

Earnings per share (EPS)2.27
Gross Margin82.39%
Net Profit Margin44.63%
Debt/Equity Ratio32.8%

How did ADM perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

68%

Payout Ratio

Valuation

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

14.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADM (£32.66) is trading above our estimate of fair value (£32.61)

Significantly Below Fair Value: ADM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ADM's PE Ratio (14.4x) is in line with the UK Insurance industry average.

PE vs Market: ADM is good value based on its PE Ratio (14.4x) compared to the UK market (19.1x).


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 (5.7x) compared to the GB Insurance industry average (1.3x).


Future Growth

How is Admiral Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

-10.5%

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 (-10.5% per year).

Earnings vs Market: ADM's earnings are forecast to decline over the next 3 years (-10.5% 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% per year).

High Growth Revenue: ADM's revenue is forecast to decline over the next 3 years (-11% 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 (39.2%)


Past Performance

How has Admiral Group performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADM has a high level of non-cash earnings.

Growing Profit Margin: ADM's current net profit margins (44.6%) are higher than last year (40%).


Past Earnings Growth Analysis

Earnings Trend: ADM's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: ADM's earnings growth over the past year (40.5%) exceeds its 5-year average (18.7% per year).

Earnings vs Industry: ADM earnings growth over the past year (40.5%) exceeded the Insurance industry 18.5%.


Return on Equity

High ROE: ADM's Return on Equity (39.6%) is considered high.


Financial Health

How is Admiral Group's financial position?


Financial Position Analysis

Short Term Liabilities: ADM's short term assets (£5.0B) do not cover its short term liabilities (£5.6B).

Long Term Liabilities: ADM's short term assets (£5.0B) exceed its long term liabilities (£898.6M).


Debt to Equity History and Analysis

Debt Level: ADM has more cash than its total debt.

Reducing Debt: ADM's debt to equity ratio has reduced from 33.7% to 32.8% over the past 5 years.

Debt Coverage: ADM's debt is well covered by operating cash flow (52.6%).

Interest Coverage: ADM's interest payments on its debt are well covered by EBIT (41.7x coverage).


Balance Sheet


Dividend

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

6.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ADM's dividend (6.15%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).

High Dividend: ADM's dividend (6.15%) is in the top 25% of dividend payers in the UK market (4.06%)


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 (67.7%), ADM's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ADM's dividends in 3 years are forecast to be covered by earnings (87.9% payout ratio).


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Milena Mondini-de-Focatiis

1

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 ($USD2.19M) is below average for companies of similar size in the UK market ($USD3.97M).

Compensation vs Earnings: Insufficient data to compare Milena's compensation with company performance.


Leadership Team

Experienced Management: ADM's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ADM's board of directors are considered experienced (3.3 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 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
  • Implied Market Cap: UK£9.512b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 21:10
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.