Sabre Insurance Group
Market Cap
UK£757.5m
Last Updated
2019/10/16 22:05 UTC
Data Sources
Company Financials +
Executive Summary
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom.
Snowflake
Fundamentals
Proven track record and slightly overvalued.
Share Price & News
How has Sabre Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
6.5%
SBRE
5.6%
GB Insurance
1.9%
GB Market
1 Year Return
19.3%
SBRE
-1.4%
GB Insurance
2.4%
GB Market
Return vs Industry: SBRE exceeded the UK Insurance industry which returned -1.4% over the past year.
Return vs Market: SBRE exceeded the UK Market which returned 2.4% over the past year.
Shareholder returns
| SBRE | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.5% | 5.6% | 1.9% |
| 30 Day | 7.8% | 0.3% | -1.1% |
| 90 Day | 5.6% | -8.1% | -1.8% |
| 1 Year | 27.1%19.3% | 3.6%-1.4% | 7.4%2.4% |
| 3 Year | n/a | 21.1%4.2% | 18.2%3.7% |
| 5 Year | n/a | 36.8%8.0% | 35.7%6.1% |
Price Volatility Vs. Market
How volatile is Sabre Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
What Should We Expect From Sabre Insurance Group plc's (LON:SBRE) Earnings Over The Next Few Years?5 months ago | Simply Wall St
These Fundamentals Make Sabre Insurance Group plc (LON:SBRE) Truly Worth Looking At6 months ago | Simply Wall St
Did Sabre Insurance Group plc (LON:SBRE) Insiders Sell Shares?Valuation
Is Sabre Insurance Group undervalued compared to its fair value and its price relative to the market?
13.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: SBRE (£3.03) is trading below our estimate of fair value (£3.52)
Significantly Undervalued: SBRE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SBRE is poor value based on its PE Ratio (15.6x) compared to the Insurance industry average (14.7x).
PE vs Market: SBRE is good value based on its PE Ratio (15.6x) compared to the UK market (16.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: SBRE is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: SBRE is overvalued based on its PB Ratio (2.9x) compared to the GB Insurance industry average (1.9x).
Next Steps
Future Growth
How is Sabre Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
2.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SBRE's forecast earnings growth (2.6% per year) is above the savings rate (1.2%).
Earnings vs Market: SBRE's earnings (2.6% per year) are forecast to grow slower than the UK market (12.6% per year).
High Growth Earnings: SBRE's earnings are forecast to grow, but not significantly.
Revenue vs Market: SBRE's revenue (4.4% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: SBRE's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: SBRE's Return on Equity is forecast to be low in 3 years time (19.1%).
Next Steps
Past Performance
How has Sabre Insurance Group performed over the past 5 years?
13.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SBRE's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: SBRE's earnings growth over the past year (24.9%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: SBRE earnings growth over the past year (24.9%) exceeded the Insurance industry 15.2%.
Return on Equity
High ROE: SBRE's Return on Equity (18.7%) is considered low.
Return on Assets
ROA vs Industry: SBRE has a higher Return on Assets than the Insurance industry average last year.
Return on Capital Employed
ROCE Improving: SBRE's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Sabre Insurance Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SBRE has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SBRE's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: SBRE's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SBRE has a sufficient allowance for bad loans.
Low Risk Liabilities: SBRE reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SBRE has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SBRE has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SBRE has an appropriate level of bad loans.
Next Steps
Dividend
What is Sabre Insurance Group's current dividend yield, its reliability and sustainability?
4.49%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SBRE's dividend (4.49%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: SBRE's dividend (4.49%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Stable Dividend: Too early to tell whether SBRE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SBRE's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.3%), SBRE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBRE's dividends in 3 years are not forecast to be well covered by earnings (91.7% payout ratio).
Next Steps
Management
What is the CEO of Sabre Insurance Group's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
Geoff Carter (48yo)
2.1yrs
Tenure
UK£760,000
Compensation
Mr. Geoffrey Richard Carter has been Chief Executive Officer of Sabre Insurance Group plc since May 2017. Mr. Carter served as Chief Operating Officer of Sabre Insurance Group plc since November 2015. He s ...
CEO Compensation Analysis
Compensation vs. Market: Insufficient data to establish whether Geoff's total compensation is reasonable compared to companies of similar size in the UK market.
Compensation vs Earnings: Geoff's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.1yrs
Average Tenure
43.5yo
Average Age
Experienced Management: SBRE's management team is considered experienced (2.1 years average tenure).
Board Age and Tenure
2.0yrs
Average Tenure
54yo
Average Age
Experienced Board: SBRE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 7,205 |
| Max Price | UK£2.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 7,198 |
| Max Price | UK£2.76 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Executive Director |
| Shares | 420,000 |
| Max Price | UK£2.88 |
| Entity | Individual |
| Role | Other Key Executive Claims Director |
| Shares | 420,000 |
| Max Price | UK£2.88 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO, Chief Risk Officer & Executive Director |
| Shares | 190,000 |
| Max Price | UK£2.88 |
Ownership Breakdown
Management Team
Geoff Carter (48yo)
CEO & Executive Director
- Tenure: 2.1yrs
- Compensation: UK£760.00k
Adam Westwood (36yo)
CFO, Chief Risk Officer & Executive Director
- Tenure: 2.1yrs
- Compensation: UK£412.00k
Trevor Webb (54yo)
Claims Director
- Tenure: 0yrs
James Ockenden (39yo)
Chief Actuary
- Tenure: 4.1yrs
Anneka Kingan
Company Secretary & Head of Internal Audit
- Tenure: 1.4yrs
Board Members
Patrick Joseph Snowball (69yo)
Non-Executive Chairman
- Tenure: 1.9yrs
- Compensation: UK£150.00k
Andy Pomfret (60yo)
Senior Independent Director
- Tenure: 1.7yrs
- Compensation: UK£59.00k
Geoff Carter (48yo)
CEO & Executive Director
- Tenure: 2.1yrs
- Compensation: UK£760.00k
Rebecca Shelley (54yo)
Independent Non-Executive Director
- Tenure: 2yrs
- Compensation: UK£70.00k
Catherine Barton (45yo)
Independent Non-Executive Director
- Tenure: 2yrs
- Compensation: UK£70.00k
Adam Westwood (36yo)
CFO, Chief Risk Officer & Executive Director
- Tenure: 2.1yrs
- Compensation: UK£412.00k
Ian Clark (59yo)
Independent Non-Executive Director
- Tenure: 2.1yrs
- Compensation: UK£60.00k
Company Information
Sabre Insurance Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sabre Insurance Group plc
- Ticker: SBRE
- Exchange: LSE
- Founded: 1982
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: UK£757.499m
- Shares outstanding: 250.00m
- Website: https://www.sabreplc.co.uk
Number of Employees
Location
- Sabre Insurance Group plc
- Sabre House
- 150 South Street
- Dorking
- Surrey
- RH4 2YY
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SBRE | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Dec 2017 |
| 18M | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2017 |
| SBREL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Dec 2017 |
Biography
Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. The company offers its products through a network of insurance bro ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 22:05 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.