ESSENT GROUP LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 56.61 USD | +0.19% |
|
+3.19% | +7.34% |
| 22/05 | UBS Lifts Price Target on Essent Group to $58 From $57, Maintains Neutral Rating | MT |
| 06/05 | RBC Cuts Price Target on Essent Group to $61 From $64, Keeps Outperform Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,115 | 4,857 | 5,028 | 4,188 | 5,631 | 6,039 | - | - |
| Enterprise Value (EV) 1 | 5,115 | 4,857 | 5,028 | 4,188 | 5,631 | 6,039 | 6,039 | 6,039 |
| P/E ratio | 9.19 x | 11.1 x | 7.45 x | 5.04 x | 8.11 x | 8.38 x | 7.97 x | 7.83 x |
| Yield | 0.6% | 1.48% | 1.54% | 2.21% | - | 1.99% | 2.07% | 2.22% |
| Capitalization / Revenue | 5.9 x | 5.08 x | 4.89 x | 4.18 x | 5.07 x | 4.88 x | 4.55 x | 4.27 x |
| EV / Revenue | 5.9 x | 5.08 x | 4.89 x | 4.18 x | 5.07 x | 4.88 x | 4.55 x | 4.27 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.71 x | 1.26 x | 1.18 x | 0.94 x | 1.1 x | 1.08 x | 0.97 x | 0.91 x |
| Nbr of stocks (in thousands) | 98,394 | 1,12,423 | 1,10,432 | 1,07,707 | 1,06,760 | 1,06,673 | - | - |
| Reference price 2 | 51.99 | 43.20 | 45.53 | 38.88 | 52.74 | 56.61 | 56.61 | 56.61 |
| Announcement Date | 14/02/20 | 19/02/21 | 11/02/22 | 10/02/23 | 09/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 867.6 | 955.2 | 1,029 | 1,001 | 1,110 | 1,238 | 1,327 | 1,414 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 669.2 | 800.5 | 861.7 | 829.1 | 909.3 | 968.2 | 1,041 | 1,104 |
| Operating Margin | 77.14% | 83.8% | 83.78% | 82.84% | 81.94% | 78.24% | 78.49% | 78.1% |
| Earnings before Tax (EBT) 1 | 659.1 | 490.1 | 822.3 | 988.2 | 823 | 850.3 | 897.5 | - |
| Net income 1 | 555.7 | 413 | 681.8 | 831.4 | 696.4 | 717.9 | 758.2 | - |
| Net margin | 64.05% | 43.24% | 66.29% | 83.07% | 62.75% | 58.01% | 57.15% | - |
| EPS 2 | 5.660 | 3.880 | 6.110 | 7.720 | 6.500 | 6.755 | 7.102 | 7.234 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.3100 | 0.6400 | 0.7000 | 0.8600 | - | 1.124 | 1.172 | 1.255 |
| Announcement Date | 14/02/20 | 19/02/21 | 11/02/22 | 10/02/23 | 09/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 256.9 | 264.6 | 244.4 | 261.8 | 230 | 256.2 | 260.1 | 296.1 | 297.3 | 298.4 | 308.7 | 314.2 | 315.9 | 321.3 | 331 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 215.7 | 223.8 | 202.5 | 219.6 | 183.1 | 208.1 | 218 | 241.3 | 242 | 241 | 237.9 | 246.6 | 250.3 | 247.2 | - |
| Operating Margin | 83.95% | 84.58% | 82.86% | 83.9% | 79.61% | 81.19% | 83.79% | 81.49% | 81.42% | 80.78% | 77.05% | 78.5% | 79.25% | 76.93% | - |
| Earnings before Tax (EBT) 1 | 217 | 328.4 | 275.8 | 210.9 | 173 | 201.3 | 209.3 | 209.4 | 203 | 213.7 | 215.1 | 213.8 | 211.3 | 214.8 | 226.7 |
| Net income 1 | 181 | 274.2 | 231.8 | 178.1 | 147.4 | 170.8 | 172.2 | 178 | 175.4 | 181.7 | 180.6 | 179 | 177.2 | 182.3 | 191.6 |
| Net margin | 70.45% | 103.61% | 94.83% | 68.02% | 64.06% | 66.67% | 66.21% | 60.1% | 58.99% | 60.91% | 58.5% | 56.97% | 56.1% | 56.73% | 57.88% |
| EPS 2 | 1.640 | 2.520 | 2.160 | 1.660 | 1.370 | 1.590 | 1.610 | 1.660 | 1.640 | 1.700 | 1.690 | 1.679 | 1.680 | 1.734 | 1.785 |
| Dividend per Share 2 | 0.1900 | 0.2100 | 0.2100 | 0.2200 | 0.2300 | - | 0.2500 | 0.2500 | - | - | 0.2800 | 0.2800 | 0.2900 | 0.3000 | 0.3000 |
| Announcement Date | 11/02/22 | 06/05/22 | 05/08/22 | 04/11/22 | 10/02/23 | 05/05/23 | 04/08/23 | 02/11/23 | 09/02/24 | 03/05/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 20.8% | 12.1% | 16.8% | 19.1% | 14.6% | 13.2% | 12.4% | 12.1% |
| ROA (Net income/ Total Assets) | 15.8% | 9.1% | 12.5% | 14.5% | 11.5% | 10.8% | 10.2% | - |
| Assets 1 | 3,512 | 4,538 | 5,462 | 5,723 | 6,075 | 6,664 | 7,407 | - |
| Book Value Per Share 2 | 30.30 | 34.40 | 38.70 | 41.40 | 47.90 | 52.60 | 58.40 | 62.20 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 14/02/20 | 19/02/21 | 11/02/22 | 10/02/23 | 09/02/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
56.61
USD
Average target price
62.1
USD
Spread / Average Target
+9.70%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.34% | 6.04B | |
| +56.33% | 67.81B | |
| +10.54% | 49.7B | |
| +10.14% | 48.04B | |
| +14.67% | 42.36B | |
| +37.19% | 38.1B | |
| +70.66% | 31.36B | |
| +9.40% | 29.01B | |
| +1.59% | 21.56B | |
| +13.82% | 20.58B |
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- Financials Essent Group Ltd.
