IGIC Stock Overview
International General Insurance Holdings Ltd.
International General Insurance Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.60|
|52 Week High||US$9.69|
|52 Week Low||US$6.75|
|1 Month Change||-2.56%|
|3 Month Change||-3.31%|
|1 Year Change||-18.28%|
|3 Year Change||-25.49%|
|5 Year Change||n/a|
|Change since IPO||-20.59%|
Recent News & Updates
|IGIC||US Insurance||US Market|
Return vs Industry: IGIC underperformed the US Insurance industry which returned 1.9% over the past year.
Return vs Market: IGIC exceeded the US Market which returned -20.4% over the past year.
|IGIC Average Weekly Movement||5.3%|
|Insurance Industry Average Movement||5.0%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: IGIC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IGIC's weekly volatility (5%) has been stable over the past year.
About the Company
International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance.
International General Insurance Holdings Fundamentals Summary
|IGIC fundamental statistics|
Is IGIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IGIC income statement (TTM)|
|Cost of Revenue||US$253.59m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.00|
|Net Profit Margin||12.91%|
How did IGIC perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is IGIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IGIC?
Other financial metrics that can be useful for relative valuation.
|What is IGIC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does IGIC's PE Ratio compare to its peers?
|IGIC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
NODK NI Holdings
UVE Universal Insurance Holdings
GBLI Global Indemnity Group
IGIC International General Insurance Holdings
Price-To-Earnings vs Peers: IGIC is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (162.9x).
Price to Earnings Ratio vs Industry
How does IGIC's PE Ratio compare vs other companies in the US Insurance Industry?
Price-To-Earnings vs Industry: IGIC is good value based on its Price-To-Earnings Ratio (7.6x) compared to the US Insurance industry average (11.9x)
Price to Earnings Ratio vs Fair Ratio
What is IGIC'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.
|Current PE Ratio||7.6x|
|Fair PE Ratio||12.2x|
Price-To-Earnings vs Fair Ratio: IGIC is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (12.2x).
Share Price vs Fair Value
What is the Fair Price of IGIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IGIC ($7.6) is trading above our estimate of fair value ($6.43)
Significantly Below Fair Value: IGIC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: IGIC is good value based on its PEG Ratio (1x)
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How is International General Insurance Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGIC's forecast earnings growth (7.6% per year) is above the savings rate (1.9%).
Earnings vs Market: IGIC's earnings (7.6% per year) are forecast to grow slower than the US market (13.7% per year).
High Growth Earnings: IGIC's earnings are forecast to grow, but not significantly.
Revenue vs Market: IGIC's revenue (29.3% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: IGIC's revenue (29.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IGIC's Return on Equity is forecast to be high in 3 years time
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How has International General Insurance Holdings performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGIC has high quality earnings.
Growing Profit Margin: IGIC's current net profit margins (12.9%) are lower than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: IGIC's earnings have grown significantly by 24.8% per year over the past 5 years.
Accelerating Growth: IGIC's earnings growth over the past year (11.9%) is below its 5-year average (24.8% per year).
Earnings vs Industry: IGIC earnings growth over the past year (11.9%) exceeded the Insurance industry -2.6%.
Return on Equity
High ROE: IGIC's Return on Equity (13.5%) is considered low.
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How is International General Insurance Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IGIC's short term assets ($559.6M) do not cover its short term liabilities ($889.2M).
Long Term Liabilities: IGIC's short term assets ($559.6M) exceed its long term liabilities ($116.7M).
Debt to Equity History and Analysis
Debt Level: IGIC is debt free.
Reducing Debt: IGIC had no debt 5 years ago.
Debt Coverage: IGIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IGIC has no debt, therefore coverage of interest payments is not a concern.
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What is International General Insurance Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IGIC's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: IGIC's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: IGIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGIC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.2%), IGIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.1%), IGIC's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wasef Jabsheh (78 yo)
Mr. Wasef Salim Jabsheh is a Founder and Chief Executive Officer at International General Insurance Holdings Ltd and has been its Chairman since March 17, 2020. Mr. Jabsheh serves as Chairman and Chief Exe...
Experienced Management: IGIC's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: IGIC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.4%.
International General Insurance Holdings Ltd.'s employee growth, exchange listings and data sources
- Name: International General Insurance Holdings Ltd.
- Ticker: IGIC
- Exchange: NasdaqCM
- Founded: 2001
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: US$374.724m
- Shares outstanding: 49.31m
- Website: https://www.iginsure.com
Number of Employees
- International General Insurance Holdings Ltd.
- 74 Abdel Hamid Sharaf Street
- PO Box 941428
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 00:00|
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.