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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Enstar Group LTD. To summarize, we found that Enstar Group LTD ranked in the 95th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 4756.67%. The most interesting components of our discounted cash flow analysis for Enstar Group LTD ended up being:
Enstar Group LTD's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 12.17% of tickers in our DCF set.
Enstar Group LTD's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 23.7% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 0% of stocks in its sector (Financial Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ESGR, try SLRC, CUII, LFC, JRVR, and VCTR.
HAMILTON, Bermuda, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has entered into an agreement with subsidiaries of ProSight Global, Inc. (“ProSight”) to provide reinsurance relating to 2019 and prior year business. The reinsurance will comprise a ground up loss portfolio transfer of ProSight’s discontinued workers’ compensation and excess workers’ compensation lines of business and an adverse development cover on ProSight’s diversified mix of general liability classes of business. In the transaction, ProSight will cede net loss reserves of approximately $500 million and Enstar’s subsidiary will provide additional aggregate limit of $250 million. The transaction is subject to the closing of a broader str...
HAMILTON, Bermuda, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has signed an agreement with Continental Casualty Company (“CNA”) to reinsure a legacy portfolio of excess workers’ compensation business. In the transaction, Enstar’s subsidiary will assume net insurance reserves of approximately $690 million, relating to 2007 and prior year business.The closing of the transaction is subject to regulatory approval and other closing conditions.Dominic Silvester, Enstar’s Chief Executive Officer said: “Our agreement today to partner with CNA, an industry leader, expands our portfolio of U.S. excess workers’ compensation legacy reserves, a line of business we have considerable experience and success in managin...
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HAMILTON, Bermuda, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has signed an agreement with Liberty Mutual Insurance Europe SE (LMIE) to reinsure a number of US energy liability, US construction liability and US homebuilders liability insurance portfolios that were previously written out of LMIE’s London branch. In the transaction, Enstar’s subsidiary will assume gross insurance reserves of approximately $420 million, relating to 2019 and prior year business.The closing of the transaction is subject to regulatory approval and other closing conditions.About Enstar Enstar is a NASDAQ-listed leading global insurance group that offers innovative capital release solutions through its network of group compan...