NasdaqCM:OXBR

Stock Analysis Report

Executive Summary

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

-6.6%

OXBR

0.5%

US Insurance

1.3%

US Market


1 Year Return

-18.3%

OXBR

15.0%

US Insurance

5.9%

US Market

Return vs Industry: OXBR underperformed the US Insurance industry which returned 15% over the past year.

Return vs Market: OXBR underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

OXBRIndustryMarket
7 Day-6.6%0.5%1.3%
30 Day22.6%-1.5%-1.9%
90 Day-10.8%-3.3%-1.8%
1 Year-18.3%-18.3%17.8%15.0%8.3%5.9%
3 Year-78.7%-80.4%42.1%31.2%45.6%36.2%
5 Year-82.0%-86.0%74.2%53.4%66.1%47.9%

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

Valuation

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

0.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate OXBR's fair value to establish if it is undervalued.

Significantly Undervalued: 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

Low 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 (0.7x) 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?

6.5%

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?

-52.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OXBR is unprofitable, and losses have increased over the past 5 years at a rate of -52.8% 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 (3.1%).


Return on Equity

High ROE: OXBR has a negative Return on Equity (-77.13%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: OXBR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: OXBR is currently unprofitable, so its Return on Capital Employed is negative.


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 15.250000x 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 -61% 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%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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 .


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?

6.3yrs

Average board tenure


CEO

Jay Madhu (53yo)

6.5yrs

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 ($USD239.01K) is about average for companies of similar size in the US market ($USD495.77K).

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


Board Age and Tenure

6.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: OXBR's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: OXBR 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
SellUS$20,73407 Dec 18
Farnam Street Capital, Inc.
EntityCompany
Shares25,000
Max PriceUS$0.87

Ownership Breakdown


Management Team

  • Jay Madhu (53yo)

    Chairman

    • Tenure: 6.5yrs
    • Compensation: US$239.01k
  • Wrendon Timothy (39yo)

    CFO & Secretary

    • Tenure: 6.2yrs
    • Compensation: US$139.01k

Board Members

  • Ray Cabillot (56yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$22.50k
  • Jay Madhu (53yo)

    Chairman

    • Tenure: 6.5yrs
    • Compensation: US$239.01k
  • Kris Persaud (57yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$22.50k
  • Mayur Patel (63yo)

    Director

    • Tenure: 6yrs
    • 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$5.623m
  • 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 p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:25
End of Day Share Price2019/10/14 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.