NasdaqGS:ESGR

Stock Analysis Report

Executive Summary

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off.

Snowflake

Fundamentals

Proven track record and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.9%

ESGR

1.5%

US Insurance

2.3%

US Market


1 Year Return

1.8%

ESGR

12.8%

US Insurance

5.6%

US Market

Return vs Industry: ESGR underperformed the US Insurance industry which returned 12.8% over the past year.

Return vs Market: ESGR underperformed the US Market which returned 5.6% over the past year.


Shareholder returns

ESGRIndustryMarket
7 Day1.9%1.5%2.3%
30 Day1.0%-1.5%-1.0%
90 Day12.1%-2.6%-0.7%
1 Year1.8%1.8%15.6%12.8%7.9%5.6%
3 Year17.4%17.4%42.2%31.2%45.6%36.3%
5 Year39.8%39.8%72.0%51.5%65.8%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: ESGR ($192.9) is trading above our estimate of fair value ($131.51)

Significantly Undervalued: ESGR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ESGR is good value based on its PE Ratio (9x) compared to the Insurance industry average (15.5x).

PE vs Market: ESGR is good value based on its PE Ratio (9x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ESGR is good value based on its PB Ratio (0.9x) compared to the US Insurance industry average (1.2x).


Next Steps

Future Growth

How is Enstar Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESGR's forecast earnings growth (6.7% per year) is above the savings rate (2.7%).

Earnings vs Market: ESGR's earnings (6.7% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: ESGR's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if ESGR's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if ESGR's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if ESGR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Enstar Group performed over the past 5 years?

-5.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ESGR's earnings have declined by -5.1% per year over the past 5 years.

Accelerating Growth: ESGR's earnings growth over the past year (290.4%) exceeds its 5-year average (-5.1% per year).

Earnings vs Industry: ESGR earnings growth over the past year (290.4%) exceeded the Insurance industry 3.1%.


Return on Equity

High ROE: ESGR's Return on Equity (8.7%) is considered low.


Return on Assets

ROA vs Industry: ESGR has a higher Return on Assets than the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: ESGR has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Enstar 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: ESGR has a low level of unsold assets or inventory.

Debt Coverage by Assets: ESGR's debt is covered by short term assets (assets are 8.292440x debt).


Financial Institutions Analysis

Asset Level: ESGR's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if ESGR has a sufficient allowance for bad loans.

Low Risk Liabilities: ESGR reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if ESGR has an acceptable proportion of non-loan assets held.

Low Risk Deposits: ESGR has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if ESGR has an appropriate level of bad loans.


Next Steps

Dividend

What is Enstar Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate ESGR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ESGR's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Enstar Group's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Dominic Silvester (58yo)

18.8yrs

Tenure

US$3,444,588

Compensation

Mr. Dominic F. Silvester has served as director and the Chief Executive Officer of Enstar Group Ltd. since its formation in 2001. Mr. Silvester Co-Founded Enstar Group Ltd. in 2001. He began a business ve ...


CEO Compensation Analysis

Compensation vs. Market: Dominic's total compensation ($USD3.44M) is about average for companies of similar size in the US market ($USD5.13M).

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


Management Age and Tenure

3.8yrs

Average Tenure

46yo

Average Age

Experienced Management: ESGR's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

4.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: ESGR's board of directors are considered experienced (4.5 years average tenure).


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

BuyUS$1,001,40030 May 19
Hans-Peter Gerhardt
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,000
Max PriceUS$166.90
BuyUS$4,718,54513 Mar 19
Dominic Silvester
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares27,775
Max PriceUS$170.00
BuyUS$996,67513 Mar 19
Orla Gregory
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares5,820
Max PriceUS$171.25
BuyUS$240,78012 Mar 19
Guy Thomas Bowker
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares1,500
Max PriceUS$160.52
BuyUS$1,004,46008 Mar 19
Paul O’Shea
EntityIndividual
Role
Member of the Board of Directors
Co-Founder
Shares6,000
Max PriceUS$167.41

Ownership Breakdown


Management Team

  • Dominic Silvester (58yo)

    Co-Founder

    • Tenure: 18.8yrs
    • Compensation: US$3.44m
  • Nick Packer (56yo)

    Co-Founder & CEO of Kaylare Ltd

    • Tenure: 2.8yrs
    • Compensation: US$2.82m
  • Paul O’Shea (61yo)

    Co-Founder

    • Tenure: 18.8yrs
    • Compensation: US$2.04m
  • Orla Gregory (45yo)

    Chief Operating Officer

    • Tenure: 2.8yrs
    • Compensation: US$1.82m
  • David Atkins (44yo)

    Group Head of Claims & CEO of Enstar (EU) Limited

    • Tenure: 3.8yrs
  • Audrey Taranto

    Corporate Secretary

    • Tenure: 7.5yrs
  • Guy Thomas Bowker (41yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: US$1.79m
  • Paul Michael Brockman (46yo)

    CEO & President of Enstar (US)

    • Tenure: 4.9yrs
    • Compensation: US$1.10m
  • David Foley

    Group Chief Actuary

    • Tenure: 3.8yrs
  • Nazar Alobaidat

    Chief Investment Officer

    • Tenure: 3.8yrs

Board Members

  • Rick Becker (73yo)

    Independent Director

    • Tenure: 4.7yrs
    • Compensation: US$208.00k
  • Dominic Silvester (58yo)

    Co-Founder

    • Tenure: 18.8yrs
    • Compensation: US$3.44m
  • Nimrod Frazer (89yo)

    Chairman Emeritus

    • Tenure: 12.2yrs
    • Compensation: US$757.93k
  • Hans-Peter Gerhardt (64yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$167.50k
  • Bob Campbell (70yo)

    Independent Chairman of the Board

    • Tenure: 7.9yrs
    • Compensation: US$361.50k
  • Poul Winslow (53yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$106.00k
  • Paul O’Shea (61yo)

    Co-Founder

    • Tenure: 18.8yrs
    • Compensation: US$2.04m
  • Hiteshkumar Patel (58yo)

    Independent Director

    • Tenure: 4.4yrs
    • Compensation: US$194.25k
  • Jie Liu (40yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$170.00k
  • Sandy Boss (52yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$193.75k

Company Information

Enstar Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Enstar Group Limited
  • Ticker: ESGR
  • Exchange: NasdaqGS
  • Founded: 2001
  • Industry: Reinsurance
  • Sector: Insurance
  • Market Cap: US$4.148b
  • Shares outstanding: 21.50m
  • Website: https://www.enstargroup.com

Number of Employees


Location

  • Enstar Group Limited
  • Windsor Place
  • 3rd Floor
  • Hamilton
  • HM JX
  • Bermuda

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESGRNasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDFeb 2007
ESGR.PNasdaqGS (Nasdaq Global Select)DEP SHS PFD DUSUSDJun 2018
ESGR.ONasdaqGS (Nasdaq Global Select)7% DP RP PFD EUSUSDNov 2018

Biography

Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It operates in three segments: Non-Life Run-Off, Atrium, and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:03
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.