XNYSWTM
Market cap4.96bUSD
Dec 24, Last price
1,930.58USD
1D
1.21%
1Q
13.26%
Jan 2017
130.92%
Name
White Mountains Insurance Group Ltd
Chart & Performance
Profile
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. The Ark segment writes a portfolio of reinsurance and insurance, including property, marine and energy, accident and health, casualty, and specialty products. The NSM segment operates as a managing general agent and program administrator for specialty property and casualty insurance to various sectors comprising specialty transportation, real estate, social services, and pet. The Kudu segment provides capital solutions to boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisitions and growth finances, and legacy partner liquidity, as well as strategic assistance to investees. The Other Operations segment offers insurance solutions to travel industry through broker channel and on a direct-to-consumer basis; and manages separate accounts and pooled investment vehicles for insurance-linked securities sectors, including catastrophe bonds, collateralized reinsurance investments, and industry loss warranties of third-party clients. White Mountains Insurance Group, Ltd. was incorporated in 1980 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 | 2,166,700 87.12% | 1,157,900 22.56% | 944,800 -19.98% | |||||||
Cost of revenue | 473,000 | 573,400 | 621,500 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,693,700 | 584,500 | 323,300 | |||||||
NOPBT Margin | 78.17% | 50.48% | 34.22% | |||||||
Operating Taxes | (15,500) | 41,400 | 38,600 | |||||||
Tax Rate | 7.08% | 11.94% | ||||||||
NOPAT | 1,709,200 | 543,100 | 284,700 | |||||||
Net income | 502,000 -363.10% | (190,800) -43.98% | (340,600) -148.06% | |||||||
Dividends | (2,600) | (3,000) | (3,100) | |||||||
Dividend yield | 0.07% | 0.08% | 0.10% | |||||||
Proceeds from repurchase of equity | (32,700) | (541,200) | 336,600 | |||||||
BB yield | 0.86% | 13.54% | -10.91% | |||||||
Debt | ||||||||||
Debt current | 5,400 | 218,200 | ||||||||
Long-term debt | 570,200 | 1,160,700 | 693,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 1,450,400 | (324,100) | (693,000) | |||||||
Net debt | (2,169,600) | (2,922,200) | (2,012,900) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 404,100 | 326,300 | 38,600 | |||||||
CAPEX | 106,400 | |||||||||
Cash from investing activities | (543,900) | 108,400 | (208,300) | |||||||
Cash from financing activities | 7,200 | (327,400) | 217,600 | |||||||
FCF | 1,714,100 | 1,720,500 | (435,700) | |||||||
Balance | ||||||||||
Cash | 1,610,300 | 1,179,100 | 725,200 | |||||||
Long term investments | 1,129,500 | 2,909,200 | 2,198,900 | |||||||
Excess cash | 2,631,465 | 4,030,405 | 2,876,860 | |||||||
Stockholders' equity | 4,012,900 | 3,935,000 | 3,704,700 | |||||||
Invested Capital | 5,687,435 | 3,208,600 | 4,342,040 | |||||||
ROIC | 38.43% | 14.39% | 8.04% | |||||||
ROCE | 20.36% | 8.18% | 4.48% | |||||||
EV | ||||||||||
Common stock shares outstanding | 2,527 | 2,826 | 3,042 | |||||||
Price | 1,505.01 6.41% | 1,414.33 39.49% | 1,013.90 1.32% | |||||||
Market cap | 3,803,612 -4.84% | 3,997,179 29.58% | 3,084,791 0.04% | |||||||
EV | 1,955,112 | 1,263,079 | 1,228,491 | |||||||
EBITDA | 1,675,900 | 588,800 | 386,900 | |||||||
EV/EBITDA | 1.17 | 2.15 | 3.18 | |||||||
Interest | 62,700 | 40,300 | 43,800 | |||||||
Interest/NOPBT | 3.70% | 6.89% | 13.55% |