NasdaqCM:OXBR

Stock Analysis Report

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

Does not have a meaningful market cap ($5M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have meaningful revenue ($2M)



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

10.1%

OXBR

-1.2%

US Insurance

-1.3%

US Market


1 Year Return

9.0%

OXBR

18.6%

US Insurance

22.0%

US Market

Return vs Industry: OXBR underperformed the US Insurance industry which returned 20.4% over the past year.

Return vs Market: OXBR underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

OXBRIndustryMarket
7 Day10.1%-1.2%-1.3%
30 Day47.3%1.2%1.6%
90 Day14.7%5.2%8.9%
1 Year9.0%9.0%21.6%18.6%24.7%22.0%
3 Year-81.0%-82.1%34.3%23.9%49.4%39.7%
5 Year-76.5%-81.4%78.7%57.2%78.1%58.5%

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

Valuation

Is Oxbridge Re Holdings undervalued compared to its fair value and its price relative to the market?

0.78x

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 (0.6x) compared to the US Insurance industry average (1.2x).


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?

6.3%

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

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 (-11.3%).


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 -37.2% 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

company0%marketbottom25%1.4%markettop25%3.7%industryaverage2.3%forecastin3Yearsn/a

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

What is the CEO of Oxbridge Re Holdings's salary, the management and board of directors tenure and is there insider trading?

6.5yrs

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 ($USD239.01K) is below average for companies of similar size in the US market ($USD519.76K).

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


Board Age and Tenure

6.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: OXBR's board of directors are considered experienced (6.5 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$26,64002 Oct 19
Sanjay Madhu
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares30,000
Max PriceUS$0.89
BuyUS$60,00002 May 19
Allan Martin
EntityIndividual
Shares50,000
Max PriceUS$1.20
BuyUS$38,88201 Apr 19
Allan Martin
EntityIndividual
Shares37,412
Max PriceUS$1.04
BuyUS$20,90301 Apr 19
Allan Martin
EntityIndividual
Shares19,003
Max PriceUS$1.10
BuyUS$82,30720 Feb 19
Allan Martin
EntityIndividual
Shares84,527
Max PriceUS$1.00
BuyUS$28,18420 Feb 19
Allan Martin
EntityIndividual
Shares36,392
Max PriceUS$1.00

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Jay Madhu (53yo)

    Chairman

    • Tenure: 6.8yrs
    • Compensation: US$239.01k
  • Wrendon Timothy (39yo)

    CFO & Secretary

    • Tenure: 6.4yrs
    • Compensation: US$139.01k

Board Members

  • Ray Cabillot (56yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: US$22.50k
  • Jay Madhu (53yo)

    Chairman

    • Tenure: 6.8yrs
    • Compensation: US$239.01k
  • Kris Persaud (57yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: US$22.50k
  • Mayur Patel (63yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$22.50k

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$6.250m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OXBRNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDMay 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/26 00:45
End of Day Share Price2020/01/24 00:00
Earnings2019/09/30
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.