SiriusPoint Valuation

Is SPNT.PRB 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 SPNT.PRB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SPNT.PRB ($25.23) is trading above our estimate of fair value ($6.03)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SPNT.PRB?

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

The above table shows the Price to Earnings ratio for SPNT.PRB. This is calculated by dividing SPNT.PRB's market cap by their current earnings.
What is SPNT.PRB's PE Ratio?
PE Ratio	9x
Earnings	US$281.00m
Market Cap	US$2.49b

SPNT.PRB 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	8.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does SPNT.PRB's PE Ratio compare to its peers?

The above table shows the PE ratio for SPNT.PRB 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	9.4x
ESGR Enstar Group	4.8x	n/a	US$4.8b
GLRE Greenlight Capital Re	6x	n/a	US$522.5m
EG Everest Group	6.1x	8.8%	US$16.6b
RGA Reinsurance Group of America	20.9x	24.3%	US$15.1b
SPNT.PRB SiriusPoint	9x	n/a	US$2.5b

Price-To-Earnings vs Peers: SPNT.PRB is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (9.4x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap
UTGN UTG	2x	n/a	US$89.08m
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

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SPNT.PRB is good value based on its Price-To-Earnings Ratio (9x) compared to the US Insurance industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is SPNT.PRB'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.

SPNT.PRB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SPNT.PRB's Price-To-Earnings Fair Ratio for valuation analysis.

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.

Discover undervalued companies

China Life Insurance

HK$796.1b

Operates as a life insurance company in the People’s Republic of China.

LFCH.Y

HK$6.21

3.0%

-30.1%

Sagicor Financial

CA$872.8m

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

SGCF.F

CA$4.46

n/a

Sompo Holdings

JP¥3.7t

Provides property and casualty (P&C) insurance services in Japan and internationally.

SMPN.Y

JP¥12.44

13.1%

64.3%