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Market Cap

UK£2.0b

Last Updated

2021/05/08 01:53 UTC

Data Sources

Company Financials +

Executive Summary

Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. More Details


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Beazley's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BEZ is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BEZ's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.2%

BEZ

2.1%

GB Insurance

2.1%

GB Market


1 Year Return

-13.2%

BEZ

36.7%

GB Insurance

26.6%

GB Market

Return vs Industry: BEZ underperformed the UK Insurance industry which returned 35.3% over the past year.

Return vs Market: BEZ underperformed the UK Market which returned 25.5% over the past year.


Shareholder returns

BEZIndustryMarket
7 Day-2.2%2.1%2.1%
30 Day-3.2%-1.4%3.6%
90 Day-10.2%14.0%9.6%
1 Year-13.2%-13.2%42.3%36.7%32.1%26.6%
3 Year-44.1%-46.5%3.3%-14.6%12.8%-0.2%
5 Year8.9%-2.7%48.1%10.8%51.8%23.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BEZ (£3.31) is trading below our estimate of fair value (£7.98)

Significantly Below Fair Value: BEZ is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BEZ is overvalued based on its PB Ratio (1.6x) compared to the GB Insurance industry average (1.3x).


Future Growth

How is Beazley forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

33.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: BEZ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BEZ's is expected to become profitable in the next 3 years.

Revenue vs Market: BEZ's revenue (11% per year) is forecast to grow faster than the UK market (5.3% per year).

High Growth Revenue: BEZ's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BEZ's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Beazley performed over the past 5 years?

-26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BEZ is currently unprofitable.

Growing Profit Margin: BEZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BEZ is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.

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

Earnings vs Industry: BEZ is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-13%).


Return on Equity

High ROE: BEZ has a negative Return on Equity (-2.55%), as it is currently unprofitable.


Financial Health

How is Beazley's financial position?


Financial Position Analysis

Short Term Liabilities: BEZ's short term assets ($9.9B) exceed its short term liabilities ($8.1B).

Long Term Liabilities: BEZ's short term assets ($9.9B) exceed its long term liabilities ($631.6M).


Debt to Equity History and Analysis

Debt Level: BEZ's debt to equity ratio (30.9%) is considered satisfactory.

Reducing Debt: BEZ's debt to equity ratio has increased from 17.2% to 30.9% over the past 5 years.

Debt Coverage: BEZ's debt is well covered by operating cash flow (85.4%).

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


Balance Sheet


Dividend

What is Beazley current dividend yield, its reliability and sustainability?

4.08%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: BEZ is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Adrian Cox (48 yo)

0.083

Tenure

US$663,306

Compensation

Mr. Adrian Peter Cox is Chief Executive Officer of Lloyd's Syndicate - 3623 (Beazley Furlonge Limited). He serves as Chief Executive Officer at Beazley Plc since April 01, 2021. He has been an Executive Di...


CEO Compensation Analysis

Compensation vs Market: Adrian's total compensation ($USD663.31K) is below average for companies of similar size in the UK market ($USD1.67M).

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


Leadership Team

Experienced Management: BEZ's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: BEZ's board of directors are not considered experienced ( 2.2 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 15.2%.


Top Shareholders

Company Information

Beazley plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beazley plc
  • Ticker: BEZ
  • Exchange: LSE
  • Founded: 1986
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: UK£2.007b
  • Shares outstanding: 605.53m
  • Website: https://www.beazley.com

Number of Employees


Location

  • Beazley plc
  • 22 Bishopsgate
  • London
  • Greater London
  • EC2N 4BQ
  • United Kingdom

Listings


Biography

Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. Its Cyber & Executive Risk segment underwrites management liabilities, such as employment pr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/08 01:53
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
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.