SIRIUSPOINT LTD (SPNT) Stock Fundamental Analysis
NYSE:SPNT - New York Stock Exchange, Inc. - BMG8192H1060 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to SPNT. SPNT was compared to 143 industry peers in the Insurance industry. SPNT has a medium profitability rating, but doesn't score so well on its financial health evaluation. SPNT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year SPNT was profitable.
SPNT had a positive operating cash flow in the past year.
Of the past 5 years SPNT 4 years were profitable.
Each year in the past 5 years SPNT had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.39%, SPNT perfoms like the industry average, outperforming 44.06% of the companies in the same industry.
SPNT has a Return On Equity of 8.98%. This is comparable to the rest of the industry: SPNT outperforms 48.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.55%, SPNT is in the better half of the industry, outperforming 70.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 8.98% | ||
| ROIC | 3.55% |
ROA(3y)0.13%
ROA(5y)0.97%
ROE(3y)1.05%
ROE(5y)2.81%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 6.25%, SPNT is in line with its industry, outperforming 44.76% of the companies in the same industry.
In the last couple of years the Profit Margin of SPNT has declined.
Looking at the Operating Margin, with a value of 18.01%, SPNT is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Operating Margin of SPNT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.01% | ||
| PM (TTM) | 6.25% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y-4.18%
PM growth 3Y45.15%
PM growth 5Y-20.65%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPNT is destroying value.
Compared to 1 year ago, SPNT has less shares outstanding
Compared to 5 years ago, SPNT has more shares outstanding
SPNT has a better debt/assets ratio than last year.
2.2 Solvency
SPNT has a debt to FCF ratio of 8.56. This is a slightly negative value and a sign of low solvency as SPNT would need 8.56 years to pay back of all of its debts.
SPNT has a worse Debt to FCF ratio (8.56) than 71.33% of its industry peers.
SPNT has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.33, SPNT is in line with its industry, outperforming 51.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 8.56 | ||
| Altman-Z | N/A |
ROIC/WACC0.41
WACC8.72%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for SPNT have decreased strongly by -42.86% in the last year.
The earnings per share for SPNT have been decreasing by -14.97% on average. This is quite bad
Looking at the last year, SPNT shows a small growth in Revenue. The Revenue has grown by 0.55% in the last year.
The Revenue has been growing by 22.87% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-42.86%
EPS 3Y-21.17%
EPS 5Y-14.97%
EPS Q2Q%0%
Revenue 1Y (TTM)0.55%
Revenue growth 3Y8.91%
Revenue growth 5Y22.87%
Sales Q2Q%6.1%
3.2 Future
SPNT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.09% yearly.
SPNT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.28% yearly.
EPS Next Y112.5%
EPS Next 2Y57.17%
EPS Next 3Y42.09%
EPS Next 5YN/A
Revenue Next Year-6.48%
Revenue Next 2Y-0.53%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.08, SPNT is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of SPNT indicates a slightly more expensive valuation: SPNT is more expensive than 66.43% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 23.99. SPNT is around the same levels.
Based on the Price/Forward Earnings ratio of 8.13, the valuation of SPNT can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPNT indicates a somewhat cheap valuation: SPNT is cheaper than 68.53% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SPNT to the average of the S&P500 Index (20.35), we can say SPNT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 8.13 |
4.2 Price Multiples
SPNT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SPNT is cheaper than 83.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SPNT is valued a bit more expensive than 67.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.42 | ||
| EV/EBITDA | 3.96 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SPNT's earnings are expected to grow with 42.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y57.17%
EPS Next 3Y42.09%
5. Dividend
5.1 Amount
SPNT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
19.28
-0.26 (-1.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners89.4%
Inst Owner Change-1.46%
Ins Owners1.32%
Ins Owner Change0.32%
Market Cap2.05B
Analysts82.5
Price Target17.34 (-10.06%)
Short Float %2.6%
Short Ratio2.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.11
Dividend Growth(5Y)N/A
DP9.2%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-86.52%
Min EPS beat(2)-131.86%
Max EPS beat(2)-41.18%
EPS beat(4)2
Avg EPS beat(4)-24.02%
Min EPS beat(4)-131.86%
Max EPS beat(4)39.71%
EPS beat(8)6
Avg EPS beat(8)56.69%
EPS beat(12)6
Avg EPS beat(12)-13.58%
EPS beat(16)10
Avg EPS beat(16)12.09%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)15%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.08 | ||
| Fwd PE | 8.13 | ||
| P/S | 0.74 | ||
| P/FCF | 27.42 | ||
| P/OCF | 27.42 | ||
| P/B | 1.06 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 3.96 |
EPS(TTM)0.96
EY4.98%
EPS(NY)2.37
Fwd EY12.3%
FCF(TTM)0.7
FCFY3.65%
OCF(TTM)0.7
OCFY3.65%
SpS26.2
BVpS18.23
TBVpS16.91
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 8.98% | ||
| ROCE | 4.09% | ||
| ROIC | 3.55% | ||
| ROICexc | 3.76% | ||
| ROICexgc | 5.21% | ||
| OM | 18.01% | ||
| PM (TTM) | 6.25% | ||
| GM | N/A | ||
| FCFM | 2.68% |
ROA(3y)0.13%
ROA(5y)0.97%
ROE(3y)1.05%
ROE(5y)2.81%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-10.36%
ROICexc growth 3YN/A
ROICexc growth 5Y-11.48%
OM growth 3YN/A
OM growth 5Y-4.18%
PM growth 3Y45.15%
PM growth 5Y-20.65%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 8.56 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 7.55 | ||
| Cash Conversion | 14.56% | ||
| Profit Quality | 42.93% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC8.72%
ROIC/WACC0.41
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.86%
EPS 3Y-21.17%
EPS 5Y-14.97%
EPS Q2Q%0%
EPS Next Y112.5%
EPS Next 2Y57.17%
EPS Next 3Y42.09%
EPS Next 5YN/A
Revenue 1Y (TTM)0.55%
Revenue growth 3Y8.91%
Revenue growth 5Y22.87%
Sales Q2Q%6.1%
Revenue Next Year-6.48%
Revenue Next 2Y-0.53%
Revenue Next 3Y1.28%
Revenue Next 5YN/A
EBIT growth 1Y18.88%
EBIT growth 3YN/A
EBIT growth 5Y17.74%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-87.15%
FCF growth 3Y260.08%
FCF growth 5Y-11.94%
OCF growth 1Y-87.15%
OCF growth 3Y260.08%
OCF growth 5Y-11.94%