XNYSEG
Market cap15bUSD
Dec 20, Last price
356.64USD
1D
2.08%
1Q
-7.96%
Name
Everest Re Group Ltd
Chart & Performance
Profile
Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines brokers, and general agents in the United States, Bermuda, Canada, Europe, South America, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and property and casualty reinsurance and insurance coverages, including marine, aviation, surety, errors and omissions liability, directors' and officers' liability, medical malpractice, mortgage reinsurance, other specialty lines, accident and health, and workers' compensation products. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023. The company was founded in 1973 and is headquartered in Hamilton, Bermuda.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 14,586,000 21.70% | 11,985,000 6.05% | 11,300,998 19.14% | |||||||
Cost of revenue | 72,000 | 61,000 | 67,827 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 14,514,000 | 11,924,000 | 11,233,171 | |||||||
NOPBT Margin | 99.51% | 99.49% | 99.40% | |||||||
Operating Taxes | (363,000) | (9,000) | 166,538 | |||||||
Tax Rate | 1.48% | |||||||||
NOPAT | 14,877,000 | 11,933,000 | 11,066,633 | |||||||
Net income | 2,517,000 321.61% | 597,000 -56.71% | 1,379,000 168.29% | |||||||
Dividends | (288,000) | (255,000) | (246,699) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 1,445,000 | (81,000) | (1,402,496) | |||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 2,347,000 | 2,345,800 | ||||||||
Long-term debt | 3,505,000 | 863,000 | 879,638 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 4,335,000 | (737,000) | (742,774) | |||||||
Net debt | (2,726,000) | (45,844,000) | (47,014,549) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 4,553,000 | 3,695,000 | 3,833,342 | |||||||
CAPEX | ||||||||||
Cash from investing activities | (5,902,000) | (3,418,000) | (3,868,964) | |||||||
Cash from financing activities | 1,410,000 | (359,000) | 674,193 | |||||||
FCF | 37,387,000 | 10,973,075 | 8,471,247 | |||||||
Balance | ||||||||||
Cash | 1,437,000 | 24,666,000 | 24,927,470 | |||||||
Long term investments | 4,794,000 | 24,388,000 | 25,312,517 | |||||||
Excess cash | 5,501,700 | 48,454,750 | 49,674,937 | |||||||
Stockholders' equity | 13,337,000 | 10,047,000 | 11,712,057 | |||||||
Invested Capital | 20,723,300 | 32,266,000 | 28,819,026 | |||||||
ROIC | 56.15% | 39.07% | 43.48% | |||||||
ROCE | 55.34% | 28.18% | 27.71% | |||||||
EV | ||||||||||
Common stock shares outstanding | 41,300 | 39,000 | 39,304 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 14,514,000 | 11,924,000 | 11,233,171 | |||||||
EV/EBITDA | ||||||||||
Interest | 134,000 | 101,000 | 70,149 | |||||||
Interest/NOPBT | 0.92% | 0.85% | 0.62% |