Athene Holding
Market Cap
US$10.0b
Last Updated
2021/04/17 23:01 UTC
Data Sources
Company Financials +
Executive Summary
Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products for individuals and institutions in the United States and Bermuda. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 0.8% per year for the next 3 years
Snowflake Analysis
Undervalued with adequate balance sheet.
Similar Companies
Share Price & News
How has Athene Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ATH's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
9.9%
ATH
2.0%
US Insurance
1.3%
US Market
1 Year Return
117.8%
ATH
43.2%
US Insurance
53.9%
US Market
Return vs Industry: ATH exceeded the US Insurance industry which returned 43.2% over the past year.
Return vs Market: ATH exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| ATH | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.9% | 2.0% | 1.3% |
| 30 Day | 10.5% | 3.3% | 5.3% |
| 90 Day | 25.0% | 12.7% | 8.9% |
| 1 Year | 117.8%117.8% | 46.9%43.2% | 56.6%53.9% |
| 3 Year | 12.4%12.4% | 33.5%23.5% | 64.4%53.6% |
| 5 Year | n/a | 80.6%57.9% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Athene Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
If You Had Bought Athene Holding (NYSE:ATH) Shares A Year Ago You'd Have Earned 30% Returns3 months ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Athene Holding Ltd. (NYSE:ATH)?4 months ago | Simply Wall St
Athene Holding's(NYSE:ATH) Share Price Is Down 11% Over The Past Three Years.Valuation
Is Athene Holding undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATH ($55.45) is trading below our estimate of fair value ($164.89)
Significantly Below Fair Value: ATH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATH is good value based on its PE Ratio (6.5x) compared to the US Insurance industry average (14.8x).
PE vs Market: ATH is good value based on its PE Ratio (6.5x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: ATH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ATH is good value based on its PB Ratio (0.6x) compared to the US Insurance industry average (1.1x).
Future Growth
How is Athene Holding forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-0.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATH's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: ATH's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: ATH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ATH's revenue is expected to decline over the next 3 years (-29.7% per year).
High Growth Revenue: ATH's revenue is forecast to decline over the next 3 years (-29.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATH's Return on Equity is forecast to be low in 3 years time (10.6%).
Past Performance
How has Athene Holding performed over the past 5 years?
11.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATH has high quality earnings.
Growing Profit Margin: ATH's current net profit margins (10.7%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: ATH's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: ATH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATH had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Insurance industry average (-9.8%).
Return on Equity
High ROE: ATH's Return on Equity (9.5%) is considered low.
Financial Health
How is Athene Holding's financial position?
Financial Position Analysis
Short Term Liabilities: ATH's short term assets ($83.3B) exceed its short term liabilities ($18.5B).
Long Term Liabilities: ATH's short term assets ($83.3B) do not cover its long term liabilities ($164.2B).
Debt to Equity History and Analysis
Debt Level: ATH's debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: ATH's debt to equity ratio has increased from 9.5% to 10% over the past 5 years.
Debt Coverage: ATH's debt is well covered by operating cash flow (206.7%).
Interest Coverage: ATH's interest payments on its debt are well covered by EBIT (20.4x coverage).
Balance Sheet
Dividend
What is Athene Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATH'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?
5.5yrs
Average management tenure
CEO
Jim Belardi (63 yo)
11.92yrs
Tenure
US$4,254,581
Compensation
Mr. James Richard Belardi, also known as Jim, Co-Founded Athene Holding Ltd. (“AHL”) in 2008 and has been its Chief Executive Officer, Chief Investment Officer, and Chairman since May 2009. Mr. Belardi is ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD4.25M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ATH's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: ATH's board of directors are considered experienced (9.8 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Athene Holding Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Athene Holding Ltd.
- Ticker: ATH
- Exchange: NYSE
- Founded: 2008
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: US$10.044b
- Shares outstanding: 191.61m
- Website: https://www.athene.com
Number of Employees
Location
- Athene Holding Ltd.
- Washington House
- Second Floor
- Hamilton
- HM 11
- Bermuda
Listings
Biography
Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products for individuals and institutions in the United States and Bermuda. The company provides annui...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 23:01 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.