XNYSBOW
Market cap1.04bUSD
Jan 10, Last price
31.84USD
1D
0.03%
1Q
8.82%
IPO
23.89%
Name
Bowhead Specialty Holdings Inc
Chart & Performance
P/E
41.52
P/S
3.67
EPS
0.77
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
283m
+51.01%
Net income
25m
+122.52%
CFO
236m
+30.05%
Profile
Bowhead Specialty Holdings Inc. provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments. The company distributes its products through distribution partners in wholesale and retail markets. Bowhead Specialty Holdings Inc. was formerly known as Bowhead Holdings Inc. and changed its name to Bowhead Specialty Holdings Inc. in March 2024. The company was founded in 2020 and is based in New York, New York. Bowhead Specialty Holdings Inc. operates as a subsidiary of Bowhead Insurance Holdings LP.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY |
|---|---|---|
| 2023‑12 | 2022‑12 | |
| Income | ||
Revenues | 283,273 51.01% | 187,588 |
Cost of revenue | ||
Unusual Expense (Income) | ||
NOPBT | 283,273 | 187,588 |
NOPBT Margin | 100.00% | 100.00% |
Operating Taxes | 7,068 | 3,405 |
Tax Rate | 2.50% | 1.82% |
NOPAT | 276,205 | 184,183 |
Net income | 25,047 122.52% | 11,256 |
Dividends | (25,000) | |
Dividend yield | ||
Proceeds from repurchase of equity | 77,656 | (1,000) |
BB yield | ||
| Debt | ||
Debt current | ||
Long-term debt | ||
Deferred revenue | ||
Other long-term liabilities | 835,782 | 162,859 |
Net debt | (118,070) | (630,505) |
| Cash flow | ||
Cash from operating activities | 236,225 | 181,644 |
CAPEX | (3,819) | (3,972) |
Cash from investing activities | (274,765) | (187,458) |
Cash from financing activities | 77,656 | (1,000) |
FCF | 273,134 | |
| Balance | ||
Cash | 118,070 | 347,582 |
Long term investments | 282,923 | |
Excess cash | 103,906 | 621,126 |
Stockholders' equity | 13,294 | (16,830) |
Invested Capital | 1,014,565 | 261,546 |
ROIC | 43.29% | 70.42% |
ROCE | 27.56% | 75.73% |
| EV | ||
Common stock shares outstanding | 31,529 | 31,529 |
Price | ||
Market cap | ||
EV | ||
EBITDA | 285,541 | 188,288 |
EV/EBITDA | ||
Interest | ||
Interest/NOPBT | ||