Alleghany Corporation provides property and casualty reinsurance and insurance products in the United States and internationally.
Adequate balance sheet with poor track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Y underperformed the US Insurance industry which returned -14.3% over the past year.
Return vs Market: Y underperformed the US Market which returned 16.2% over the past year.
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
3 weeks ago | Simply Wall StAlleghany Corporation's (NYSE:Y) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
1 month ago | Simply Wall StIs Alleghany Corporation's (NYSE:Y) CEO Paid Enough Relative To Peers?
2 months ago | Simply Wall StDo Directors Own Alleghany Corporation (NYSE:Y) Shares?
Is Alleghany undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Y ($521.51) is trading above our estimate of fair value ($163.55)
Significantly Below Fair Value: Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: Y is poor value based on its PE Ratio (133.2x) compared to the US Insurance industry average (14.2x).
PE vs Market: Y is poor value based on its PE Ratio (133.2x) compared to the US market (18.3x).
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 (0.9x) 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 annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if Y's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if Y's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Y's revenue is expected to decline over the next 3 years (-11.9% per year).
High Growth Revenue: Y's revenue is forecast to decline over the next 3 years (-11.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if Y's Return on Equity is forecast to be high in 3 years time
How has Alleghany performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: Y has high quality earnings.
Growing Profit Margin: Y's current net profit margins (0.7%) are lower than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: Y's earnings have declined by 16.2% per year over the past 5 years.
Accelerating Growth: Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: Y had negative earnings growth (-81.7%) over the past year, making it difficult to compare to the Insurance industry average (-4.5%).
Return on Equity
High ROE: Y's Return on Equity (1%) is considered low.
How is Alleghany's financial position?
Financial Position Analysis
Short Term Liabilities: Y's short term assets ($4.9B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: Y's short term assets ($4.9B) do not cover its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: Y's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: Y's debt to equity ratio has reduced from 23.7% to 15.8% over the past 5 years.
Debt Coverage: Y's debt is well covered by operating cash flow (60.7%).
Interest Coverage: Y's interest payments on its debt are not well covered by EBIT (2.1x coverage).
What is Alleghany current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate Y's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if Y's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if Y's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weston Hicks (63 yo)
Mr. Weston M. Hicks, CFA, has been the Chief Executive Officer and President at Alleghany Corporation since December 31, 2004. Mr. Hicks has been the Chief Executive Officer and President at Alleghany Insu ...
CEO Compensation Analysis
Compensation vs Market: Weston's total compensation ($USD13.99M) is above average for companies of similar size in the US market ($USD7.33M).
Compensation vs Earnings: Weston's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP||1.08yrs||US$1.39m||0.0063% |
|Senior VP||11.08yrs||US$4.20m||0.038% |
|Executive Vice President||8.42yrs||US$6.04m||0.17% |
|President & CEO of CapSpecialty||1.08yrs||US$8.97m||0.044% |
|Senior VP & Chief Investment Officer||0.58yr||no data||0.00052% |
|VP of Finance & Chief Accounting Officer||14.08yrs||US$954.27k||no data|
|Vice President of Corporate Finance||0.50yr||no data||no data|
|VP,Chief Compliance Officer||6.33yrs||no data||no data|
|VP, Controller & Assistant Secretary||32.58yrs||US$674.63k||no data|
|CEO & President of Transatlantic Holdings||no data||no data||no data|
|VP & Tax Director||13.42yrs||US$862.90k||no data|
Experienced Management: Y's management team is seasoned and experienced (8.4 years average tenure).
|Independent Director||1.58yrs||US$293.88k||0.012% |
|Independent Director||8.42yrs||US$261.77k||0.024% |
|Independent Director||28.33yrs||US$282.27k||0.015% |
|Independent Director||10.67yrs||US$271.77k||0.028% |
|Independent Director||10.67yrs||US$256.77k||0.022% |
|Independent Chairman of the Board||10.08yrs||US$339.77k||2.31% |
|Independent Director||14.33yrs||US$277.27k||0.059% |
|Independent Director||8.42yrs||US$256.77k||0.015% |
Experienced Board: Y's board of directors are seasoned and experienced ( 10.7 years average tenure).
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.
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$7.602b
- 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||2020/08/06 00:22|
|End of Day Share Price||2020/08/05 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.