NYSE:WTM

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White Mountains Insurance Group

Executive Summary

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance services in the United States. More Details

Rewards

PE ratio (11.4x) is below the US market (21.3x)

Earnings grew by 30.1% over the past year

Risk Analysis

No risks detected for WTM from our risk checks.


Snowflake Analysis

Solid track record with adequate balance sheet.


Similar Companies

Share Price & News

How has White Mountains Insurance Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WTM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WTM's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

WTM

-0.9%

US Insurance

2.6%

US Market


1 Year Return

-7.3%

WTM

-3.2%

US Insurance

26.0%

US Market

Return vs Industry: WTM underperformed the US Insurance industry which returned -3.2% over the past year.

Return vs Market: WTM underperformed the US Market which returned 26% over the past year.


Shareholder returns

WTMIndustryMarket
7 Day-0.4%-0.9%2.6%
30 Day3.3%1.6%5.1%
90 Day7.9%17.1%17.1%
1 Year-7.2%-7.3%-0.4%-3.2%28.9%26.0%
3 Year20.7%20.3%10.0%1.7%46.3%36.6%
5 Year44.3%43.4%67.2%46.3%126.9%101.6%

Long-Term Price Volatility Vs. Market

How volatile is White Mountains Insurance Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is White Mountains Insurance Group undervalued compared to its fair value and its price relative to the market?

11.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WTM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WTM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WTM is good value based on its PE Ratio (11.4x) compared to the US Insurance industry average (14x).

PE vs Market: WTM is good value based on its PE Ratio (11.4x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WTM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WTM is good value based on its PB Ratio (0.9x) compared to the US Insurance industry average (1x).


Next Steps

Future Growth

How is White Mountains Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 White Mountains Insurance Group 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 White Mountains Insurance Group performed over the past 5 years?

29.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTM has high quality earnings.

Growing Profit Margin: WTM's current net profit margins (33.3%) are higher than last year (29.5%).


Past Earnings Growth Analysis

Earnings Trend: WTM has become profitable over the past 5 years, growing earnings by 29.5% per year.

Accelerating Growth: WTM's earnings growth over the past year (30.1%) exceeds its 5-year average (29.5% per year).

Earnings vs Industry: WTM earnings growth over the past year (30.1%) exceeded the Insurance industry 5.9%.


Return on Equity

High ROE: WTM's Return on Equity (7.2%) is considered low.


Next Steps

Financial Health

How is White Mountains Insurance Group's financial position?


Financial Position Analysis

Short Term Liabilities: WTM's short term assets ($931.1M) exceed its short term liabilities ($228.0M).

Long Term Liabilities: WTM's short term assets ($931.1M) exceed its long term liabilities ($846.2M).


Debt to Equity History and Analysis

Debt Level: WTM's debt to equity ratio (11.1%) is considered satisfactory.

Reducing Debt: WTM's debt to equity ratio has increased from 8.9% to 11.1% over the past 5 years.

Debt Coverage: WTM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: WTM's interest payments on its debt are well covered by EBIT (14.2x coverage).


Balance Sheet


Next Steps

Dividend

What is White Mountains Insurance Group current dividend yield, its reliability and sustainability?

0.098%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WTM's dividend (0.098%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: WTM's dividend (0.098%) is low compared to the top 25% of dividend payers in the US market (3.85%).


Stability and Growth of Payments

Stable Dividend: WTM is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: WTM is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: WTM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WTM'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?

15.5yrs

Average management tenure


CEO

George Rountree (48 yo)

3.83yrs

Tenure

US$6,858,274

Compensation

Mr. George Manning Rountree serves as the Chairman of the Board at Build America Mutual Assurance Company since 2020. He serves as a Director at Kudu Investment Management LLC (formerly known as Kudu Inves...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD6.86M) is above average for companies of similar size in the US market ($USD5.01M).

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


Leadership Team

NamePositionTenureCompensationOwnership
George Rountree
CEO & Director3.83yrsUS$6.86m0.59%
$ 18.2m
Reid Campbell
Executive VP & CFO3.67yrsUS$4.91m0.52%
$ 16.1m
J. Palmer
MD & Chief Accounting Officer19.58yrsUS$1.78m0.10%
$ 3.1m
Robert Seelig
Executive VP & General Counsel18.33yrsUS$2.96m0.53%
$ 16.5m
Frank Bazos
Executive VP & Head of M&A - WM Capital1.67yrsUS$4.73m0.12%
$ 3.7m
Jennifer Moyer
Chief Administrative Officer & Corporate Secretaryno datano datano data
Todd Pozefsky
Managing Directorno datano datano data
David Staples
Head of Taxno dataUS$302.48kno data
Dennis Beaulieu
Treasurer19.58yrsno datano data
Timothy Miller
CEO of OneBeacon Ltd15.5yrsUS$6.45mno data

15.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: WTM's management team is seasoned and experienced (15.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Rountree
CEO & Director3.83yrsUS$6.86m0.59%
$ 18.2m
David Tanner
Independent Vice Chairman of the Board0.92yrUS$392.25k0.038%
$ 1.2m
Edith Holiday
Independent Director16.42yrsUS$409.25k0.092%
$ 2.9m
Mary Choksi
Independent Director3.42yrsUS$412.25k0.030%
$ 929.9k
Morgan Davis
Independent Non-Executive Chairman3.83yrsUS$719.15k0.32%
$ 10.1m
Philip Gelston
Independent Director2.92yrsUS$399.80k0.026%
$ 802.5k
Peter Carlson
Independent Director1.83yrsUS$484.89k0.018%
$ 548.0k

3.4yrs

Average Tenure

67yo

Average Age

Experienced Board: WTM's board of directors are considered experienced (3.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

White Mountains Insurance Group, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: White Mountains Insurance Group, Ltd.
  • Ticker: WTM
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$3.115b
  • Shares outstanding: 3.06m
  • Website: https://www.whitemountains.com

Number of Employees


Location

  • White Mountains Insurance Group, Ltd.
  • A.S. Cooper Building
  • 26 Reid Street
  • Hamilton
  • HM 11
  • Bermuda

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WTMNYSE (New York Stock Exchange)YesCommon SharesUSUSDOct 1985
WNIDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1985

Biography

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha, Kudu, and Othe...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 00:13
End of Day Share Price2021/01/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.