XTSETSU
Market cap1.28bUSD
Dec 23, Last price
38.55CAD
1D
-0.13%
1Q
-9.25%
IPO
480.79%
Name
Trisura Group Ltd
Chart & Performance
P/E
27.51
P/S
0.65
EPS
1.40
Div Yield, %
0.00%
Shrs. gr., 5y
11.97%
Rev. gr., 5y
88.69%
Revenues
2.84b
+439.60%
Net income
67m
+140.84%
CFO
258m
+70.88%
Earnings
Feb 06, 2025
Profile
Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company offers contract surety bonds, such as performance, and labor and material payment bonds primarily for the construction industry; commercial surety bonds, including license and permit, tax and excise, and fiduciary bonds to governments, regulatory bodies, or courts to guarantee compliance with legal or fiduciary obligations; and developer surety bonds comprising bonds to secure real estate developers' legislated deposit and warranty obligations on residential projects. It provides risk solutions, including warranty programs to program administrators, managing general agents, captive insurance companies, affinity groups, and reinsurers. The company also offers corporate insurance products that comprise directors' and officers' insurance for public, private, and non-profit enterprises; errors and omissions liability insurance for enterprises and professionals; business office package insurance for enterprises and professionals; and fidelity insurance for commercial and financial institutions. Trisura Group Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 2,838,852 439.60% | 526,102 50.37% | 349,877 54.38% | |||||
Cost of revenue | (3,821) | |||||||
Unusual Expense (Income) | ||||||||
NOPBT | 2,842,673 | 526,102 | 349,877 | |||||
NOPBT Margin | 100.13% | 100.00% | 100.00% | |||||
Operating Taxes | 23,482 | 10,782 | 17,884 | |||||
Tax Rate | 0.83% | 2.05% | 5.11% | |||||
NOPAT | 2,819,191 | 515,320 | 331,993 | |||||
Net income | 66,941 140.84% | 27,795 -55.57% | 62,559 92.83% | |||||
Dividends | ||||||||
Dividend yield | ||||||||
Proceeds from repurchase of equity | 50,098 | 143,496 | (696) | |||||
BB yield | -3.12% | -7.16% | 0.03% | |||||
| Debt | ||||||||
Debt current | 75,000 | |||||||
Long-term debt | 94,396 | 98,482 | 94,356 | |||||
Deferred revenue | (2,836) | |||||||
Other long-term liabilities | 2,890,016 | 549,488 | (84,678) | |||||
Net debt | (573,898) | (1,763,636) | (875,061) | |||||
| Cash flow | ||||||||
Cash from operating activities | 257,913 | 150,930 | 306,849 | |||||
CAPEX | (277) | (2,131) | (3,460) | |||||
Cash from investing activities | (117,343) | (241,993) | (148,648) | |||||
Cash from financing activities | 48,064 | 141,591 | 45,153 | |||||
FCF | 2,806,809 | 2,175,368 | (461,716) | |||||
| Balance | ||||||||
Cash | 611,516 | 1,171,743 | 341,319 | |||||
Long term investments | 56,778 | 765,375 | 628,098 | |||||
Excess cash | 526,351 | 1,910,813 | 951,923 | |||||
Stockholders' equity | 611,938 | 483,294 | 358,789 | |||||
Invested Capital | 3,058,094 | 3,219,049 | 2,616,852 | |||||
ROIC | 89.82% | 17.66% | 15.79% | |||||
ROCE | 79.31% | 14.20% | 11.76% | |||||
| EV | ||||||||
Common stock shares outstanding | 47,296 | 44,252 | 42,076 | |||||
Price | 34.00 -24.93% | 45.29 -5.03% | 47.69 114.17% | |||||
Market cap | 1,608,056 -19.76% | 2,004,169 -0.12% | 2,006,626 127.73% | |||||
EV | 1,034,158 | 240,533 | 1,131,565 | |||||
EBITDA | 2,844,334 | 529,725 | 353,805 | |||||
EV/EBITDA | 0.36 | 0.45 | 3.20 | |||||
Interest | 2,409 | 2,644 | 1,638 | |||||
Interest/NOPBT | 0.08% | 0.50% | 0.47% | |||||