Global Indemnity Group Valuation

Q: What is the Fair Price of GBLI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GBLI ($34.75) is trading above our estimate of [[fair value]] ($10.8)

Is GBLI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GBLI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GBLI ($34.75) is trading above our estimate of fair value ($10.8)

Significantly Below Fair Value: GBLI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GBLI?

Key metric: As GBLI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GBLI. This is calculated by dividing GBLI's market cap by their current earnings.
What is GBLI's PE Ratio?
PE Ratio	12x
Earnings	US$39.68m
Market Cap	US$466.47m

GBLI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1x
Enterprise Value/EBITDA	8.3x
PEG Ratio	12.5x

Price to Earnings Ratio vs Peers

How does GBLI's PE Ratio compare to its peers?

The above table shows the PE ratio for GBLI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	14.9x
ITIC Investors Title	18.1x	n/a	US$514.2m
DGIC.A Donegal Group	21.6x	17.3%	US$532.6m
ACIC American Coastal Insurance	7.3x	-1.0%	US$634.9m
UFCS United Fire Group	12.7x	n/a	US$644.7m
GBLI Global Indemnity Group	12x	1.0%	US$466.5m

Price-To-Earnings vs Peers: GBLI is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (14.9x).

Price to Earnings Ratio vs Industry

How does GBLI's PE Ratio compare vs other companies in the US Insurance Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
AORE.F American Overseas Group	2.1x	n/a	US$16.68m
CUII China United Insurance Service	0.0003x	n/a	US$3.13k

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: GBLI is good value based on its Price-To-Earnings Ratio (12x) compared to the US Insurance industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is GBLI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GBLI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12x
Fair PE Ratio	11.1x

Price-To-Earnings vs Fair Ratio: GBLI is expensive based on its Price-To-Earnings Ratio (12x) compared to the estimated Fair Price-To-Earnings Ratio (11.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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