| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
CABROKERS Stock Overview
Caribbean Assurance Brokers Limited provides insurance brokerage services in Jamaica and internationally.
Caribbean Assurance Brokers Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | JA$2.35 |
| 52 Week High | JA$3.74 |
| 52 Week Low | JA$1.51 |
| Beta | -0.56 |
| 1 Month Change | 4.44% |
| 3 Month Change | 6.82% |
| 1 Year Change | 23.68% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -4.08% |
Recent News & Updates
Shareholder Returns
| CABROKERS | JM Insurance | JM Market | |
|---|---|---|---|
| 7D | 0.4% | -1.0% | 0.04% |
| 1Y | 23.7% | -12.3% | -4.3% |
Return vs Industry: CABROKERS exceeded the JM Insurance industry which returned -12.3% over the past year.
Return vs Market: CABROKERS exceeded the JM Market which returned -4.3% over the past year.
Price Volatility
| CABROKERS volatility | |
|---|---|
| CABROKERS Average Weekly Movement | 11.1% |
| Insurance Industry Average Movement | 4.1% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in JM Market | 16.1% |
| 10% least volatile stocks in JM Market | 5.4% |
Stable Share Price: CABROKERS is not significantly more volatile than the rest of JM stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: CABROKERS's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 85 | Tania Waldron-Gooden | https://www.cabjm.com |
Caribbean Assurance Brokers Limited provides insurance brokerage services in Jamaica and internationally. The company operates through International Insurance, Employee Benefits, General Insurance, and Individual Life Insurance divisions. It offers international health, life, disability, and travel insurance products; employee benefit products, such as group health, life, personal accident, disability, and pension products; and property, motor, liability, professional indemnity, personal accident, pecuniary loss, business interruption, fidelity guarantee, marine, bonds, engineering, and cyber insurance products.
Caribbean Assurance Brokers Fundamentals Summary
| CABROKERS fundamental statistics | |
|---|---|
| Market Cap | JA$616.88m |
| Earnings (TTM) | JA$65.83m |
| Revenue (TTM) | JA$438.96m |
9.4x
P/E Ratio1.4x
P/S RatioIs CABROKERS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CABROKERS income statement (TTM) | |
|---|---|
| Revenue | JA$438.96m |
| Cost of Revenue | JA$0 |
| Gross Profit | JA$438.96m |
| Other Expenses | JA$373.14m |
| Earnings | JA$65.83m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.25 |
| Gross Margin | 100.00% |
| Net Profit Margin | 15.00% |
| Debt/Equity Ratio | 15.8% |
How did CABROKERS perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield5%
Payout RatioValuation
Is CABROKERS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CABROKERS?
Other financial metrics that can be useful for relative valuation.
| What is CABROKERS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | JA$616.88m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.9x |
| Enterprise Value/EBITDA | 5.4x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does CABROKERS's PE Ratio compare to its peers?
| CABROKERS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 19.1x |
Price-To-Earnings vs Peers: CABROKERS is good value based on its Price-To-Earnings Ratio (9.4x) compared to the peer average (19.1x).
Price to Earnings Ratio vs Industry
How does CABROKERS's PE Ratio compare vs other companies in the Insurance Industry?
Price-To-Earnings vs Industry: CABROKERS is good value based on its Price-To-Earnings Ratio (9.4x) compared to the JM Insurance industry average (11.7x)
Price to Earnings Ratio vs Fair Ratio
What is CABROKERS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CABROKERS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CABROKERS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CABROKERS (JMD2.35) is trading above our estimate of fair value (JMD0.34)
Significantly Below Fair Value: CABROKERS is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CABROKERS's PEG Ratio to determine if it is good value.
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Future Growth
How is Caribbean Assurance Brokers forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.2%
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Caribbean Assurance Brokers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Check out Caribbean Assurance Brokers's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
Past Performance
How has Caribbean Assurance Brokers performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
23.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CABROKERS has high quality earnings.
Growing Profit Margin: CABROKERS's current net profit margins (15%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: CABROKERS's earnings have grown significantly by 23.5% per year over the past 5 years.
Accelerating Growth: CABROKERS's earnings growth over the past year (132.5%) exceeds its 5-year average (23.5% per year).
Earnings vs Industry: CABROKERS earnings growth over the past year (132.5%) underperformed the Insurance industry 132.5%.
Return on Equity
High ROE: CABROKERS's Return on Equity (16.9%) is considered low.
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Financial Health
How is Caribbean Assurance Brokers's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CABROKERS's short term assets (JMD416.3M) exceed its short term liabilities (JMD228.9M).
Long Term Liabilities: CABROKERS's short term assets (JMD416.3M) exceed its long term liabilities (JMD64.6M).
Debt to Equity History and Analysis
Debt Level: CABROKERS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CABROKERS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CABROKERS's debt is well covered by operating cash flow (279.6%).
Interest Coverage: CABROKERS's interest payments on its debt are well covered by EBIT (31.3x coverage).
Balance Sheet
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Dividend
What is Caribbean Assurance Brokers's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.54%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CABROKERS's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.22%).
High Dividend: CABROKERS's dividend (0.54%) is low compared to the top 25% of dividend payers in the JM market (3.24%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether CABROKERS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CABROKERS's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), CABROKERS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2%), CABROKERS's dividend payments are thoroughly covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Tania Waldron-Gooden
0.50
Tenure
Mrs. Tania S. Waldron-Gooden, M.B.A., B.Sc. (Hons), Post. Dip. has been Chief Executive Officer at Caribbean Assurance Brokers Limited since January 1, 2022 and served as Deputy Chief Executive Officer si...
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Caribbean Assurance Brokers Limited's employee growth, exchange listings and data sources
Key Information
- Name: Caribbean Assurance Brokers Limited
- Ticker: CABROKERS
- Exchange: JMSE
- Founded: 2005
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: JA$616.875m
- Shares outstanding: 262.50m
- Website: https://www.cabjm.com
Number of Employees
Location
- Caribbean Assurance Brokers Limited
- 94D Old Hope Road
- St. Andrew
- Kingston
- 6
- Jamaica
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.