Enstar Group Limited - Ordinary Shares (ESGR) Company Bio
Enstar Group Limited acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off. It operates in four segments: Non-Life Run-Off, Atrium, Torus, and Life and Annuities. The company was founded in 2001 and is based in Hamilton, Bermuda.
ESGR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ESGR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Enstar Group LTD ranked in the 91th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2980% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Enstar Group LTD, consider:
Enstar Group LTD's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 9.06% of tickers in our DCF set.
ESGR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than just 9.06% of tickers in our DCF set.
As a business, Enstar Group LTD experienced a tax rate of about 1% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than just 19.8% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Enstar Group LTD? See ENVA, MTG, GARS, TREE, and AEG.
Enstar Group's (ESGR) subsidiary, Enstar Finance LLC, has priced $350M aggregate principal amount of 5.750% Fixed-Rate Reset Junior Subordinated Notes due 2040. Net proceeds will be used to repay outstanding term loan facility.Closing date is August 26.Yesterday's close was $187.38....
* Net Earnings of $798.6 million and $281.7 million for the Three and Six Months Ended June 30, 2020, primarily driven by strong investments performance * Non-GAAP Operating Income of $567.6 million and $229.8 million for the Three and Six Months Ended June 30, 2020 * Increase in fully diluted book value per share of 23.3% and 7.6% for the Three and Six Months Ended June 30, 2020 (non-annualized)HAMILTON, Bermuda, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq: ESGR) filed its quarterly report on Form 10-Q with the SEC earlier today, reporting its earnings and financial position for the three and six months ended June 30, 2020.Enstar reported consolidated net earnings of $798.6 million (or $36.65 per fully diluted ordinary share) and $281.7 million (or $12.93 per ...
Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance ventures sprang up after Hurricane Andrew in 1992, the 9/11 attacks in 2001 and Hurricane Katrina in 2005. John Cavanagh, former head of broker Willis Re and a founder of insurance venture capital firm Beat Capital, is seeking to raise funds in the "low hundreds of millions of pounds" from long-term investors for new insurance projects.