NasdaqGS:ESGR

Stock Analysis Report

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Executive Summary

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

Rewards

PE ratio (5.8x) is below the US market (17.9x)

Earnings grew by 31% over the past year

Risk Analysis

No risks detected for ESGR from our risk checks.


Snowflake Analysis

Solid track record with adequate balance sheet.


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

Stable Share Price: ESGR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

ESGR

3.0%

US Insurance

3.9%

US Market


1 Year Return

-12.5%

ESGR

-14.6%

US Insurance

18.5%

US Market

Return vs Industry: ESGR exceeded the US Insurance industry which returned -15.9% over the past year.

Return vs Market: ESGR underperformed the US Market which returned 17.2% over the past year.


Shareholder returns

ESGRIndustryMarket
7 Day1.9%3.0%3.9%
30 Day-10.6%-3.5%-4.3%
90 Day5.6%4.3%8.1%
1 Year-12.5%-12.5%-12.2%-14.6%21.2%18.5%
3 Year-29.4%-29.4%-0.8%-7.9%38.2%29.0%
5 Year5.3%5.3%38.0%20.7%84.3%63.4%

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?

5.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ESGR ($161.5) is trading above our estimate of fair value ($75.95)

Significantly Below Fair Value: 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 (5.8x) compared to the US Insurance industry average (14.3x).

PE vs Market: ESGR is good value based on its PE Ratio (5.8x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

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 (0.7x) compared to the US Insurance industry average (0.8x).


Next Steps

Future Growth

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

24.9%

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 Enstar Group 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.


Next Steps

Past Performance

How has Enstar Group performed over the past 5 years?

15.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESGR has high quality earnings.

Growing Profit Margin: ESGR's current net profit margins (28.8%) are higher than last year (25.2%).


Past Earnings Growth Analysis

Earnings Trend: ESGR's earnings have grown by 15.1% per year over the past 5 years.

Accelerating Growth: ESGR's earnings growth over the past year (31%) exceeds its 5-year average (15.1% per year).

Earnings vs Industry: ESGR earnings growth over the past year (31%) exceeded the Insurance industry -3.3%.


Return on Equity

High ROE: ESGR's Return on Equity (10.4%) is considered low.


Next Steps

Financial Health

How is Enstar Group's financial position?


Financial Position Analysis

Short Term Liabilities: ESGR's short term assets ($11.0B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: ESGR's short term assets ($11.0B) do not cover its long term liabilities ($13.4B).


Debt to Equity History and Analysis

Debt Level: ESGR's debt to equity ratio (27.7%) is considered satisfactory.

Reducing Debt: ESGR's debt to equity ratio has increased from 23.1% to 27.7% over the past 5 years.

Debt Coverage: ESGR's debt is well covered by operating cash flow (161.5%).

Interest Coverage: ESGR's interest payments on its debt are well covered by EBIT (10.7x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ESGR'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 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

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

3.8yrs

Average management tenure


CEO

Dominic Silvester (59 yo)

19.67yrs

Tenure

US$5,513,250

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 ($USD5.51M) is about average for companies of similar size in the US market ($USD5.74M).

Compensation vs Earnings: Dominic's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Dominic Silvester
Co-Founder19.67yrsUS$5.51m2.69%
$ 93.7m
Paul O'Shea
Co-Founder19.67yrsUS$3.60m1.07%
$ 37.4m
Guy Thomas Bowker
CFO & Principal Accounting Officer2.67yrsUS$2.45m0.018%
$ 640.6k
Orla Gregory
Chief Operating Officer3.75yrsUS$3.12m0.19%
$ 6.7m
Nazar Alobaidat
Chief Investment Officer4.67yrsUS$4.52m0.0066%
$ 231.8k
Audrey Taranto
General Counsel & Corporate Secretaryno datano datano data
Zachary Wolf
Deputy Chief Financial Officerno datano datano data
Nicholas Packer
Co-Founder & CEO of Kaylare Ltd3.75yrsUS$2.82mno data
David Atkins
Group Head of Claims & CEO of Enstar (EU) Limited4.67yrsno data0.0074%
$ 256.5k
Paul Michael Brockman
CEO & President of Enstar (US)4.67yrsUS$1.10m0.015%
$ 522.4k
Mark Smith
Senior Advisor2.67yrsUS$2.14mno data

3.8yrs

Average Tenure

46.5yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Dominic Silvester
Co-Founder19.67yrsUS$5.51m2.69%
$ 93.7m
Paul O'Shea
Co-Founder19.67yrsUS$3.60m1.07%
$ 37.4m
Bernard Becker
Independent Director5.58yrsUS$201.25k0.0030%
$ 106.0k
Nimrod Frazer
Chairman Emeritus13.08yrsUS$757.93kno data
Hans-Peter Gerhardt
Independent Director5yrsUS$172.50k0.058%
$ 2.0m
Robert Campbell
Independent Chairman of the Board8.83yrsUS$356.25k0.64%
$ 22.2m
Poul Winslow
Independent Director5yrsUS$103.75kno data
David Rocke
Director of Enstar Limitedno datano datano data
Hiteshkumar Patel
Independent Director5.33yrsUS$186.25k0.0012%
$ 42.2k
Jie Liu
Director3.58yrsUS$166.25k0.0087%
$ 302.9k
Willard Hendry
Independent Director1.25yrsUS$99.50kno data
James Carey
Director6.83yrsUS$169.00kno data

5.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: ESGR's board of directors are considered experienced (5.6 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

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$3.485b
  • Shares outstanding: 21.58m
  • 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
48RDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 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 Analysis2020/10/01 00:28
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.