Global Indemnity Limited - Class A Common Shares (GBLI) Company Bio
Global Indemnity Public Limited Company, through its subsidiaries, operates as a specialty property and casualty insurer. It operates through two segments, Insurance Operations and Reinsurance Operations. The company was founded in 1970 and is based in Dublin, Ireland.
GBLI 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 Global Indemnity Ltd. To summarize, we found that Global Indemnity Ltd ranked in the 94th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for GBLI, they are:
The company's compound free cash flow growth rate over the past 5.25 years comes in at 0.77%; that's greater than 87.45% of US stocks we're applying DCF forecasting to.
Global Indemnity Ltd's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 21.85% of tickers in our DCF set.
As a business, Global Indemnity Ltd experienced a tax rate of about 3% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than merely 21.64% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
TIPT, RDN, NMIH, ELVT, and NOAH can be thought of as valuation peers to GBLI, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
BALA CYNWYD, Pa., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Global Indemnity Group, LLC (NASDAQ:GBLI) (the “Company”) announced today its Board of Directors has approved a dividend payment of $0.25 per common share to be paid on September 30, 2020 to all shareholders of record as of the close of business on September 25, 2020. About Global Indemnity Group, LLC and its subsidiariesGlobal Indemnity Group, LLC (NASDAQ:GBLI), through its several direct and indirect wholly owned subsidiary insurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. Global Indemnity Group, LLC’s four primary segments are: * Commercial Specialty * Specialty Property ...
Global Indemnity (GBLI), a Delaware limited liability company classified as a partnership for federal income tax purposes, replaced Global Indemnity Limited, a Cayman Islands corporation, as the publicly listed parent company of Global Indemnity, effective as of today.The class A common shares of the company will continue to trade under...
Global Indemnity Limited (GBLI) (the “Company”) announced that the Company’s Board of Directors approved a plan to redomesticate the Company and its Bermuda subsidiary, Global Indemnity Reinsurance, Ltd., to the United States. The Board also approved the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with a special meeting of the Company’s shareholders that will be called to consider and approve the redomestication plan. If the Company’s shareholders approve the redomestication plan, Global Indemnity Group, LLC, a Delaware limited liability company (that will be taxed as a partnership for U.S. federal income tax purposes), will replace the Company, a Cayman Islands corporation, as the publicly listed parent company of the Company...