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 Group LLC. To summarize, we found that Global Indemnity Group LLC ranked in the 93th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 3760.83% on a DCF basis. The most interesting components of our discounted cash flow analysis for Global Indemnity Group LLC ended up being:
Its compound free cash flow growth rate, as measured over the past 5.25 years, is 0.77% -- higher than 87.6% of stocks in our DCF forecasting set.
Global Indemnity Group LLC's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 21.78% of tickers in our DCF set.
As a business, Global Indemnity Group LLC 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 22.6% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NMIH, RDN, JRVR, 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.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issuer Credit Rating (Long-Term IR) of “bbb” to the newly created Global Indemnity Group, LLC (Global Indemnity) (Delaware) [NASDAQ: GBLI], which has replaced Global Indemnity Limited (Cayman Island) as the ultimate parent of its U.S. subsidiaries. The outlook assigned to this Credit Rating (ratings) is stable. At the same time, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long Term Issue Credi
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...