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Oxbridge Re Holdings

Nasdaq:OXBR
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OXBR
Nasdaq
$6M
Market Cap
  1. Home
  2. US
  3. Insurance
Company description

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The last earnings update was 67 days ago. More info.


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  • Oxbridge Re Holdings has significant price volatility in the past 3 months.
OXBR Share Price and Events
7 Day Returns
-1.9%
NasdaqCM:OXBR
-0.2%
US Insurance
-0.3%
US Market
1 Year Returns
-36.5%
NasdaqCM:OXBR
14.9%
US Insurance
3.9%
US Market
OXBR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oxbridge Re Holdings (OXBR) -1.9% 0% -18% -36.5% -79% -85.1%
US Insurance -0.2% 2.5% 9.4% 14.9% 39.3% 51.4%
US Market -0.3% 2.3% 2.3% 3.9% 36.7% 41.8%
1 Year Return vs Industry and Market
  • OXBR underperformed the Insurance industry which returned 14.9% over the past year.
  • OXBR underperformed the Market in United States of America which returned 3.9% over the past year.
Price Volatility
OXBR
Industry
5yr Volatility vs Market

Value

 Is Oxbridge Re Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Oxbridge Re Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Oxbridge Re Holdings.

NasdaqCM:OXBR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $2.57 * 4.6%
$0.12
Book Value of Equity per Share Median Book Value from the past 5 years. $2.57
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:OXBR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 21%) (2.47%))
0.798
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqCM:OXBR using Excess Returns Model Model

The calculations below outline how an intrinsic value for Oxbridge Re Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:OXBR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (4.6% – 7.5%) * $2.57)
$-0.07
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.07 / (7.5% - 2.73%)
$-1.54
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $2.57 + $-1.54
$1.02
NasdaqCM:OXBR Discount to Share Price
Calculation Result
Value per share (USD) From above. $1.02
Current discount Discount to share price of $1.05
= -1 x ($1.05 - $1.02) / $1.02
-2.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Oxbridge Re Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Oxbridge Re Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oxbridge Re Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:OXBR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.99
NasdaqCM:OXBR Share Price ** NasdaqCM (2019-07-19) in USD $1.05
United States of America Insurance Industry PE Ratio Median Figure of 89 Publicly-Listed Insurance Companies 17.51x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Oxbridge Re Holdings.

NasdaqCM:OXBR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:OXBR Share Price ÷ EPS (both in USD)

= 1.05 ÷ -0.99

-1.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oxbridge Re Holdings is loss making, we can't compare its value to the US Insurance industry average.
  • Oxbridge Re Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Oxbridge Re Holdings's expected growth come at a high price?
Raw Data
NasdaqCM:OXBR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
65.2%per year
United States of America Insurance Industry PEG Ratio Median Figure of 62 Publicly-Listed Insurance Companies 1.74x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Oxbridge Re Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oxbridge Re Holdings's assets?
Raw Data
NasdaqCM:OXBR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.43
NasdaqCM:OXBR Share Price * NasdaqCM (2019-07-19) in USD $1.05
United States of America Insurance Industry PB Ratio Median Figure of 118 Publicly-Listed Insurance Companies 1.24x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.8x
NasdaqCM:OXBR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:OXBR Share Price ÷ Book Value per Share (both in USD)

= 1.05 ÷ 1.43

0.74x

* Primary Listing of Oxbridge Re Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oxbridge Re Holdings is good value based on assets compared to the US Insurance industry average.
X
Value checks
We assess Oxbridge Re Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Oxbridge Re Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Oxbridge Re Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Oxbridge Re Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
65.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oxbridge Re Holdings expected to grow at an attractive rate?
  • Oxbridge Re Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Oxbridge Re Holdings's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Oxbridge Re Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:OXBR Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:OXBR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 65.2%
United States of America Insurance Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
United States of America Insurance Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:OXBR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:OXBR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 4 -11 -6
2018-12-31 4 -7 -6
2018-09-30 2 -18 1
2018-06-30 20 -31 -23
2018-03-31 22 -26 -22
2017-12-31 24 -26 -21
2017-09-30 35 -11 -23
2017-06-30 18 2 3
2017-03-31 19 -2 3
2016-12-31 19 0 3
2016-09-30 8 4 5
2016-06-30 7 8 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Oxbridge Re Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Oxbridge Re Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:OXBR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Oxbridge Re Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OXBR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.99
2018-12-31 -1.00
2018-09-30 0.12
2018-06-30 -3.99
2018-03-31 -3.83
2017-12-31 -3.55
2017-09-30 -3.90
2017-06-30 0.52
2017-03-31 0.47
2016-12-31 0.43
2016-09-30 0.87
2016-06-30 0.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Oxbridge Re Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Oxbridge Re Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Oxbridge Re Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Oxbridge Re Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Oxbridge Re Holdings's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Oxbridge Re Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Oxbridge Re Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Oxbridge Re Holdings's 1-year growth to the US Insurance industry average as it is not currently profitable.
Earnings and Revenue History
Oxbridge Re Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Oxbridge Re Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OXBR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 3.81 -5.69 1.23
2018-12-31 3.81 -5.75 1.28
2018-09-30 2.31 0.68 1.21
2018-06-30 20.38 -22.92 1.28
2018-03-31 22.32 -22.07 1.31
2017-12-31 23.84 -20.59 1.33
2017-09-30 35.46 -22.89 1.43
2017-06-30 18.29 3.05 1.40
2017-03-31 19.17 2.81 1.39
2016-12-31 19.06 2.58 1.42
2016-09-30 8.10 5.27 1.50
2016-06-30 7.11 3.03 1.51
2016-03-31 5.64 3.81 1.45
2015-12-31 6.38 4.60 1.44
2015-09-30 7.67 5.92 1.37
2015-06-30 8.34 6.55 1.36
2015-03-31 7.18 5.44 1.27
2014-12-31 5.56 4.00 1.13
2014-09-30 4.14 2.69 1.10
2014-06-30 2.93 1.79 0.88
2014-03-31 2.13 1.25 0.75
2013-12-31 1.59 0.85 0.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Oxbridge Re Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Oxbridge Re Holdings has efficiently used its assets last year compared to the US Insurance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Oxbridge Re Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Oxbridge Re Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Oxbridge Re Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Oxbridge Re Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Oxbridge Re Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oxbridge Re Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Oxbridge Re Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oxbridge Re Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Oxbridge Re Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Oxbridge Re Holdings Company Filings, last reported 3 months ago.

NasdaqCM:OXBR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 8.17 0.00 3.68
2018-12-31 8.31 0.00 3.97
2018-09-30 14.72 2.00 0.70
2018-06-30 14.03 2.00 1.03
2018-03-31 13.74 0.00 0.70
2017-12-31 13.92 0.00 4.05
2017-09-30 13.92 0.00 2.57
2017-06-30 37.63 0.00 0.40
2017-03-31 37.38 0.00 9.23
2016-12-31 37.16 0.00 6.87
2016-09-30 40.47 0.00 5.65
2016-06-30 38.33 0.00 2.50
2016-03-31 37.66 0.00 6.87
2015-12-31 37.03 0.00 3.57
2015-09-30 36.60 0.00 2.08
2015-06-30 37.06 0.00 15.68
2015-03-31 37.48 0.00 0.32
2014-12-31 36.71 0.00 1.45
2014-09-30 35.68 0.00 8.12
2014-06-30 35.07 0.00 27.96
2014-03-31 34.48 0.00 28.48
2013-12-31 7.45 0.00 0.70
  • Oxbridge Re Holdings has no debt.
  • Oxbridge Re Holdings had no debt 5 years ago.
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.

  • Oxbridge Re Holdings has less than a year of cash runway based on current free cash flow.
  • Oxbridge Re Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 82% each year.
X
Financial health checks
We assess Oxbridge Re Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Oxbridge Re Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Oxbridge Re Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Oxbridge Re Holdings dividends.
If you bought $2,000 of Oxbridge Re Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Oxbridge Re Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Oxbridge Re Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:OXBR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Insurance Industry Average Dividend Yield Market Cap Weighted Average of 80 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:OXBR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-14 0.000 0.000
2019-03-19 0.000 0.000
2018-11-13 0.000 0.000
2018-08-14 0.000 0.000
2018-05-15 0.000 0.000
2018-03-13 0.000 0.000
2017-11-14 0.000 0.000
2017-08-14 0.480 11.523
2017-05-15 0.480 8.333
2017-03-13 0.480 7.793
2016-11-14 0.480 8.241
2016-08-15 0.480 9.645
2016-05-16 0.480 9.464
2016-01-20 0.480 9.502
2015-11-09 0.480 8.655
2015-08-11 0.480 8.006
2015-05-12 0.480 7.791
2015-01-28 0.480 8.117
2014-11-04 0.480 7.731
2014-07-08 0.480 7.161

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Oxbridge Re Holdings has not reported any payouts.
  • Unable to verify if Oxbridge Re Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Oxbridge Re Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Oxbridge Re Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Oxbridge Re Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Oxbridge Re Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oxbridge Re Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jay Madhu
COMPENSATION $239,009
AGE 53
TENURE AS CEO 6.3 years
CEO Bio

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 as the Vice President of Investor Relations at HCI Group, Inc., (formerly Homeowners Choice, Inc.) from February 2008 to June 2013 and President of Greenleaf Capital from June 2011 to June 30, 2013. He served as a Division President of Real Estate Operations at HCI Group, Inc. since 2011 and as a Director of Investor Relations since February 2008, Vice President of Marketing from 2008 to 2011 and as Vice President of Marketing and Investor Relations. His responsibilities included marketing, investor relations and management and oversight of HCI Group’s real estate division. As an owner and manager of commercial properties, he served as the President at 5th Avenue Group LC since 2002 and President at Forrest Terrace LC since 1999 until 2010. In addition, Mr. Madhu is an investor in banking and health maintenance organizations. He served as the President of The Mortgage Corporation Network (correspondent lenders) since 1996. Prior to that, he served as a Vice President at Mortgage Division at First Trust Mortgage & Finance from 1994 to 1996, Vice President at Residential First Mortgage Division at Continental Management Associates Limited, Inc., from 1993 to 1994 and President at S&S Development, Inc. from 1991 to 1993. He has served as Chairman of the board since January 01, 2018 and Director at Oxbridge Re Holdings Limited and Oxbridge Reinsurance Limited since April 2013. He has been a Director at HCI Group, Inc. since May 2007. Since 2013, he has served on the board of directors of First Home Bancorp, Inc. He served as an Independent Director of Wheeler Real Estate Investment Trust, Inc from 2011 to June 16, 2014. Mr. Madhu attended Northwest Missouri State University, where he studied Marketing and Management.

CEO Compensation
  • Jay's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jay's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Jay Madhu

TITLE
Chairman
COMPENSATION
$239K
AGE
53
TENURE
6.3 yrs

Wrendon Timothy

TITLE
CFO & Secretary
COMPENSATION
$139K
AGE
39
TENURE
5.9 yrs
Board of Directors Tenure

Average tenure and age of the Oxbridge Re Holdings board of directors in years:

6
Average Tenure
56.5
Average Age
  • The tenure for the Oxbridge Re Holdings board of directors is about average.
Board of Directors

Jay Madhu

TITLE
Chairman
COMPENSATION
$239K
AGE
53
TENURE
1.5 yrs

Kris Persaud

TITLE
Director
COMPENSATION
$23K
AGE
57
TENURE
6.3 yrs

Ray Cabillot

TITLE
Director
COMPENSATION
$23K
AGE
56
TENURE
6.3 yrs

Mayur Patel

TITLE
Director
COMPENSATION
$23K
AGE
63
TENURE
5.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Oxbridge Re Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
02. May 19 Buy Allan Martin Individual 30. Apr 19 30. Apr 19 50,000 $1.20 $60,000
01. Apr 19 Buy Allan Martin Individual 28. Mar 19 28. Mar 19 37,412 $1.04 $38,882
01. Apr 19 Buy Allan Martin Individual 01. Apr 19 01. Apr 19 19,003 $1.10 $20,903
20. Feb 19 Buy Allan Martin Individual 04. Jan 19 14. Feb 19 36,392 $1.00 $28,184
20. Feb 19 Buy Allan Martin Individual 07. Jan 19 07. Feb 19 84,527 $1.00 $82,307
07. Dec 18 Sell Farnam Street Capital, Inc. Company 06. Dec 18 07. Dec 18 -25,000 $0.87 $-20,734
X
Management checks
We assess Oxbridge Re Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Oxbridge Re Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Some Oxbridge Re Holdings (NASDAQ:OXBR) Shareholders Have Taken A Painful 83% Share Price Drop

Spare a thought for those who held Oxbridge Re Holdings Limited (NASDAQ:OXBR) for five whole years - as the share price tanked 83%. … View our latest analysis for Oxbridge Re Holdings Because Oxbridge Re Holdings is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Over the last 5 years, Oxbridge Re Holdings generated a TSR of -78%, which is, of course, better than the share price return.

Simply Wall St -

Is Oxbridge Re Holdings Limited's (NASDAQ:OXBR) CEO Overpaid Relative To Its Peers?

View our latest analysis for Oxbridge Re Holdings How Does Jay Madhu's Compensation Compare With Similar Sized Companies? … Most shareholders would consider it a positive that Jay Madhu takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders. … It appears that Oxbridge Re Holdings Limited remunerates its CEO below most similar sized companies.

Simply Wall St -

What Kind Of Shareholder Owns Most Oxbridge Re Holdings Limited (NASDAQ:OXBR) Stock?

A look at the shareholders of Oxbridge Re Holdings Limited (NASDAQ:OXBR) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Let's take a closer look to see what the different types of shareholder can tell us about OXBR

Simply Wall St -

Did Oxbridge Re Holdings Limited (NASDAQ:OXBR) Insiders Buy Up More Shares?

So before you buy or sell Oxbridge Re Holdings Limited (NASDAQ:OXBR), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Even though the purchase was made at a significantly lower price than the recent price (US$1.26), we still think insider buying is a positive

Simply Wall St -

Do Insiders Own Shares In Oxbridge Re Holdings Limited (NASDAQ:OXBR)?

The big shareholder groups in Oxbridge Re Holdings Limited (NASDAQ:OXBR) have power over the company. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Oxbridge Re Holdings is a smaller company with a market capitalization of US$5.3m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

How Should Investors React To Oxbridge Re Holdings Limited's (NASDAQ:OXBR) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jay Madhu's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m.

Simply Wall St -

Should You Be Concerned About Oxbridge Re Holdings Limited's (NASDAQ:OXBR) Investors?

I am going to take a deep dive into Oxbridge Re Holdings Limited’s (NASDAQ:OXBR) most recent ownership structure, not a frequent subject of discussion among individual investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine OXBR's ownership structure in more detail.

Simply Wall St -

Is Oxbridge Re Holdings Limited's (NASDAQ:OXBR) CEO Paid Enough To Stay Motivated?

Recently, OXBR produced negative earnings of -US$20.59M , compared to the previous year's positive earnings. … In the situation of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be a signal of some headwind. … Normally I'd use market cap and profit as factors determining performance, however, OXBR's negative earnings reduces the effectiveness of this method.

Simply Wall St -

Should You Be Concerned About Oxbridge Re Holdings Limited's (NASDAQ:OXBR) Investors?

Today, I will be analyzing Oxbridge Re Holdings Limited’s (NASDAQ:OXBR) recent ownership structure, an important but not-so-popular subject among individual investors. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Thus, investors should dig deeper into OXBR's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Although OXBR has a low level of overall institutional ownership, active hedge funds still have a significant stake in the company.

Simply Wall St -

How Does Investing In Oxbridge Re Holdings Limited (NASDAQ:OXBR) Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Check out our latest analysis for Oxbridge Re Holdings An interpretation of OXBR's beta With a five-year beta of 0.02, Oxbridge Re Holdings appears to be a less volatile company compared to the rest of the market. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

Simply Wall St -

Company Info

Description

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.

Details
Name: Oxbridge Re Holdings Limited
OXBR
Exchange: NasdaqCM
Founded: 2013
$6,020,839
5,733,587
Website: http://www.oxbridgere.com
Address: Oxbridge Re Holdings Limited
42 Edward Street,
Suite 201,
George Town,
Grand Cayman, KY1-9006,
Cayman Islands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM OXBR Ordinary Shares Nasdaq Capital Market US USD 09. May 2014
Number of employees
Current staff
Staff numbers
3
Oxbridge Re Holdings employees.
Industry
Reinsurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 00:44
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.