RSA Insurance Group
Market Cap
UK£7.0b
Last Updated
2021/01/16 01:33 UTC
Data Sources
Company Financials +
Executive Summary
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance services. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has RSA Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RSA is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: RSA's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.
Market Performance
7 Day Return
-0.09%
RSA
-0.7%
GB Insurance
-1.7%
GB Market
1 Year Return
21.7%
RSA
-3.9%
GB Insurance
-8.6%
GB Market
Return vs Industry: RSA exceeded the UK Insurance industry which returned -3.3% over the past year.
Return vs Market: RSA exceeded the UK Market which returned -7.7% over the past year.
Shareholder returns
| RSA | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.09% | -0.7% | -1.7% |
| 30 Day | 0.2% | 4.3% | 3.4% |
| 90 Day | 57.7% | 25.7% | 14.5% |
| 1 Year | 23.2%21.7% | 0.3%-3.9% | -4.9%-8.6% |
| 3 Year | 17.9%8.2% | -1.8%-19.6% | 3.7%-9.0% |
| 5 Year | 92.4%67.2% | 35.5%0.07% | 47.1%13.7% |
Long-Term Price Volatility Vs. Market
How volatile is RSA Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Key Things To Understand About RSA Insurance Group's (LON:RSA) CEO Pay Cheque3 months ago | Simply Wall St
If You Had Bought RSA Insurance Group (LON:RSA) Stock Five Years Ago, You Could Pocket A 25% Gain Today4 months ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving RSA Insurance Group plc's (LON:RSA) Stock Up Recently?Valuation
Is RSA Insurance Group undervalued compared to its fair value and its price relative to the market?
30.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RSA (£6.78) is trading below our estimate of fair value (£9.69)
Significantly Below Fair Value: RSA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RSA is poor value based on its PE Ratio (22x) compared to the GB Insurance industry average (16.4x).
PE vs Market: RSA is good value based on its PE Ratio (22x) compared to the UK market (23x).
Price to Earnings Growth Ratio
PEG Ratio: RSA is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: RSA is overvalued based on its PB Ratio (1.6x) compared to the GB Insurance industry average (1.4x).
Next Steps
Future Growth
How is RSA Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSA's forecast earnings growth (16.1% per year) is above the savings rate (1%).
Earnings vs Market: RSA's earnings (16.1% per year) are forecast to grow slower than the UK market (26.7% per year).
High Growth Earnings: RSA's earnings are forecast to grow, but not significantly.
Revenue vs Market: RSA's revenue (1.3% per year) is forecast to grow slower than the UK market (6.5% per year).
High Growth Revenue: RSA's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSA's Return on Equity is forecast to be low in 3 years time (12.8%).
Next Steps
Past Performance
How has RSA Insurance Group performed over the past 5 years?
32.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSA has high quality earnings.
Growing Profit Margin: RSA's current net profit margins (4.7%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: RSA has become profitable over the past 5 years, growing earnings by 32.1% per year.
Accelerating Growth: RSA's earnings growth over the past year (21.6%) is below its 5-year average (32.1% per year).
Earnings vs Industry: RSA earnings growth over the past year (21.6%) exceeded the Insurance industry -7.6%.
Return on Equity
High ROE: RSA's Return on Equity (7.8%) is considered low.
Next Steps
Financial Health
How is RSA Insurance Group's financial position?
Financial Position Analysis
Short Term Liabilities: RSA's short term assets (£7.4B) exceed its short term liabilities (£3.5B).
Long Term Liabilities: RSA's short term assets (£7.4B) do not cover its long term liabilities (£12.5B).
Debt to Equity History and Analysis
Debt Level: RSA's debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: RSA's debt to equity ratio has reduced from 32.5% to 13% over the past 5 years.
Debt Coverage: RSA's debt is well covered by operating cash flow (44.5%).
Interest Coverage: RSA's interest payments on its debt are well covered by EBIT (15.5x coverage).
Balance Sheet
Next Steps
Dividend
What is RSA Insurance Group current dividend yield, its reliability and sustainability?
2.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RSA's dividend (2.36%) is higher than the bottom 25% of dividend payers in the UK market (1.54%).
High Dividend: RSA's dividend (2.36%) is low compared to the top 25% of dividend payers in the UK market (4.54%).
Stability and Growth of Payments
Stable Dividend: RSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: RSA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26%), RSA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RSA's dividends in 3 years are forecast to be covered by earnings (64.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Stephen Alan Hester (60 yo)
6.92yrs
Tenure
UK£4,060,000
Compensation
Mr. Stephen Alan Michael Hester has been Director at Royal & Sun Alliance Insurance Plc since December 31, 2019 and serves as its Chief Executive Officer. Mr. Hester has been the Group Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Stephen Alan's total compensation ($USD5.52M) is above average for companies of similar size in the UK market ($USD2.63M).
Compensation vs Earnings: Stephen Alan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 6.92yrs | UK£4.06m | 0.099% £ 6.9m | |
| Group CFO & Executive Director | 2.75yrs | UK£1.81m | 0.0042% £ 291.9k | |
| Chief Executive of UK & International and Executive Director | 5.25yrs | UK£1.99m | 0.021% £ 1.5m | |
| Group Chief Technology Officer | 4.17yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 4.83yrs | no data | no data | |
| Communications Director | no data | no data | no data | |
| Group HR Director | 1.67yrs | no data | no data | |
| Chief Executive Officer of RSA Group Scandinavian Business | 2yrs | no data | no data | |
| Managing Director - UK Personal Lines | 4.67yrs | no data | no data | |
| Group Chief Risk Officer | 6.08yrs | no data | no data | |
| Group Chief Auditor | 5.58yrs | no data | no data |
4.4yrs
Average Tenure
51yo
Average Age
Experienced Management: RSA's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 6.92yrs | UK£4.06m | 0.099% £ 6.9m | |
| Group CFO & Executive Director | 2.75yrs | UK£1.81m | 0.0042% £ 291.9k | |
| Chief Executive of UK & International and Executive Director | 5.25yrs | UK£1.99m | 0.021% £ 1.5m | |
| Independent Non-Executive Director | 1.83yrs | UK£73.00k | 0.00064% £ 44.9k | |
| Independent Non-Executive Director | 6.08yrs | UK£87.00k | no data | |
| Senior Independent Director | 1.42yrs | UK£122.00k | 0.0012% £ 81.4k | |
| Chairman of the Board | 8yrs | UK£435.00k | 0.0014% £ 96.8k | |
| Independent Non-Executive Director | 0.75yr | no data | 0.00055% £ 38.6k | |
| Non-Executive Director | 9.25yrs | UK£121.00k | 0.0012% £ 81.4k | |
| Independent Non-Executive Director | 7.33yrs | UK£102.00k | no data |
5.7yrs
Average Tenure
58yo
Average Age
Experienced Board: RSA's board of directors are considered experienced (5.7 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
RSA Insurance Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: RSA Insurance Group plc
- Ticker: RSA
- Exchange: LSE
- Founded: 1710
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: UK£7.016b
- Shares outstanding: 1.04b
- Website: https://www.rsagroup.com
Number of Employees
Location
- RSA Insurance Group plc
- 20 Fenchurch Street
- London
- Greater London
- EC3M 3AU
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RSAI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| RSA | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| SUA2 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| RSAL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| RSNA.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Oct 2008 |
Biography
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance services. It operates through Scandinavia, Canada, and UK & International segments. The company o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 01:33 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.