Oxbridge Re Holdings
Market Cap
US$7.3m
Last Updated
2020/02/16 00:39 UTC
Data Sources
Company Financials
Executive Summary
Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions.
Risk Analysis
Earnings have declined by -50.84% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Overvalued with worrying balance sheet.
Similar Companies
Share Price & News
How has Oxbridge Re Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OXBR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
15.8%
OXBR
1.0%
US Insurance
1.8%
US Market
1 Year Return
16.4%
OXBR
19.2%
US Insurance
20.1%
US Market
Return vs Industry: OXBR underperformed the US Insurance industry which returned 19.2% over the past year.
Return vs Market: OXBR underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| OXBR | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.8% | 1.0% | 1.8% |
| 30 Day | 29.3% | 3.6% | 1.4% |
| 90 Day | 51.2% | 6.9% | 8.8% |
| 1 Year | 16.4%16.4% | 22.1%19.2% | 22.7%20.1% |
| 3 Year | -77.3%-78.7% | 37.3%26.8% | 50.1%40.4% |
| 5 Year | -73.5%-79.1% | 73.4%52.7% | 72.9%53.9% |
Price Volatility Vs. Market
How volatile is Oxbridge Re Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Did Oxbridge Re Holdings Limited (NASDAQ:OXBR) Insiders Buy Up More Shares?1 month ago | Simply Wall St
Does Oxbridge Re Holdings Limited (NASDAQ:OXBR) Have A Particularly Volatile Share Price?2 months ago | Simply Wall St
Does Oxbridge Re Holdings Limited's (NASDAQ:OXBR) CEO Salary Reflect Performance?Valuation
Is Oxbridge Re Holdings undervalued compared to its fair value and its price relative to the market?
0.92x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OXBR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OXBR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OXBR is unprofitable, so we can't compare its PE Ratio to the Insurance industry average.
PE vs Market: OXBR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OXBR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OXBR is good value based on its PB Ratio (0.9x) compared to the US Insurance industry average (1.1x).
Next Steps
Future Growth
How is Oxbridge Re Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.1%
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 Oxbridge Re Holdings 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
- Take a look at our analysis of OXBR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Insurance industry.
Past Performance
How has Oxbridge Re Holdings performed over the past 5 years?
-50.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OXBR is currently unprofitable.
Growing Profit Margin: OXBR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OXBR is unprofitable, and losses have increased over the past 5 years at a rate of -50.8% per year.
Accelerating Growth: Unable to compare OXBR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OXBR is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (19.8%).
Return on Equity
High ROE: OXBR has a negative Return on Equity (-85.55%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Oxbridge Re Holdings'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: OXBR has a low level of unsold assets or inventory.
Debt Coverage by Assets: OXBR's debt is covered by short term assets (assets are 15x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OXBR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OXBR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -51.7% each year
Financial Institutions Analysis
Asset Level: OXBR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if OXBR has a sufficient allowance for bad loans.
Low Risk Liabilities: OXBR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if OXBR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OXBR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if OXBR has an appropriate level of bad loans.
Next Steps
Dividend
What is Oxbridge Re Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate OXBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate OXBR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OXBR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OXBR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OXBR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OXBR'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?
6.6yrs
Average board tenure
CEO
Jay Madhu (53yo)
6.8yrs
Tenure
US$239,009
Compensation
Mr. Sanjay Madhu, also known as Jay, has been the Chief Executive Officer and President at Oxbridge Re Holdings Limited since April 2013 and Oxbridge Reinsurance Limited since April 2013. Mr. Madhu served ...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD239.01K) is below average for companies of similar size in the US market ($USD521.37K).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.8yrs | US$239.01k | 2.71% $198.7k | |
| Independent Director | 6.8yrs | US$22.50k | 0.61% $44.8k | |
| Independent Director | 6.8yrs | US$22.50k | 2.68% $196.6k | |
| Independent Director | 6.3yrs | US$22.50k | 2.06% $151.0k |
6.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: OXBR's board of directors are considered experienced (6.6 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
Oxbridge Re Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Oxbridge Re Holdings Limited
- Ticker: OXBR
- Exchange: NasdaqCM
- Founded: 2013
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$7.339m
- Shares outstanding: 5.73m
- Website: https://www.oxbridgere.com
Number of Employees
Location
- Oxbridge Re Holdings Limited
- 42 Edward Street
- Suite 201
- George Town
- Grand Cayman
- KY1-9006
- Cayman Islands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OXBR | NasdaqCM (Nasdaq Capital Market) | Yes | Ordinary Shares | US | USD | May 2014 |
Biography
Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. It focuses on underwriting fully-collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. The company distributes its products through reinsurance brokers. The company was founded in 2013 and is headquartered in George Town, the Cayman Islands.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 00:39 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| 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.