Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Alleghany's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Y is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Y's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: Y underperformed the US Insurance industry which returned -5.8% over the past year.
Return vs Market: Y underperformed the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alleghany's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Is Alleghany's (NYSE:Y) CEO Getting Paid?
1 month ago | Simply Wall StWhat Is The Ownership Structure Like For Alleghany Corporation (NYSE:Y)?
2 months ago | Simply Wall StHow Much Did Alleghany's(NYSE:Y) Shareholders Earn From Share Price Movements Over The Last Year?
Is Alleghany undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate Y's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate Y's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: Y is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: Y is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate Y's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Y's PB Ratio (1x) is in line with the US Insurance industry average.
How is Alleghany forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Alleghany 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.
- Examine Alleghany's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Alleghany competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Insurance industry.
How has Alleghany performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Y is currently unprofitable.
Growing Profit Margin: Y is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Y is unprofitable, and losses have increased over the past 5 years at a rate of 24% per year.
Accelerating Growth: Unable to compare Y's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: Y is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (6%).
Return on Equity
High ROE: Y has a negative Return on Equity (-0.13%), as it is currently unprofitable.
How is Alleghany's financial position?
Financial Position Analysis
Short Term Liabilities: Y's short term assets ($4.8B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: Y's short term assets ($4.8B) do not cover its long term liabilities ($16.5B).
Debt to Equity History and Analysis
Debt Level: Y's debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: Y's debt to equity ratio has reduced from 23.9% to 20.4% over the past 5 years.
Debt Coverage: Y's debt is well covered by operating cash flow (59.4%).
Interest Coverage: Y is unprofitable, therefore interest payments are not well covered by earnings.
What is Alleghany current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate Y's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if Y's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if Y's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weston Hicks (63 yo)
Mr. Weston M. Hicks, CFA, has been the Chief Executive Officer and President at Alleghany Corporation since December 31, 2004. Mr. Hicks has been the Chief Executive Officer and President at Alleghany Insu...
CEO Compensation Analysis
Compensation vs Market: Weston's total compensation ($USD13.99M) is above average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Weston's compensation has increased whilst the company is unprofitable.
|Senior VP||1.33yrs||US$1.39m||0.0066% |
|Senior VP||11.33yrs||US$4.20m||0.038% |
|Executive Vice President||8.67yrs||US$6.04m||0.17% |
|President & CEO of CapSpecialty||1.33yrs||US$8.97m||0.044% |
|Senior VP & Chief Investment Officer||0.83yr||no data||0.00052% |
|VP of Finance & Chief Accounting Officer||14.33yrs||US$954.27k||no data|
|Vice President of Corporate Finance||0.75yr||no data||no data|
|VP,Chief Compliance Officer||6.58yrs||no data||no data|
|VP, Controller & Assistant Secretary||32.83yrs||US$674.63k||no data|
|CEO & President of Transatlantic Holdings||no data||no data||no data|
|VP & Tax Director||13.67yrs||US$862.90k||no data|
Experienced Management: Y's management team is seasoned and experienced (8.7 years average tenure).
|Independent Director||1.83yrs||US$293.88k||0.012% |
|Independent Director||8.67yrs||US$261.77k||0.024% |
|Independent Director||10.92yrs||US$271.77k||0.028% |
|Independent Director||10.92yrs||US$256.77k||0.022% |
|Independent Chairman of the Board||10.33yrs||US$339.77k||2.31% |
|Independent Director||14.58yrs||US$277.27k||0.059% |
|Independent Director||8.67yrs||US$256.77k||0.015% |
Experienced Board: Y's board of directors are seasoned and experienced ( 10.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Y insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alleghany Corporation's company bio, employee growth, exchange listings and data sources
- Name: Alleghany Corporation
- Ticker: Y
- Exchange: NYSE
- Founded: 1929
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$8.442b
- Shares outstanding: 14.31m
- Website: https://www.alleghany.com
Number of Employees
- Alleghany Corporation
- 1411 Broadway
- 34th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|Y||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1986|
|AGA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1986|
Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally. The company operates in three segments: Reinsurance, Insurance, and Allegha...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 00:30|
|End of Day Share Price||2020/11/27 00:00|
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.