Enstar Group Stock Intrinsic Value – ENSTAR GROUP Reports Earnings for 2nd Quarter of FY 2023
August 27, 2023
🌥️Earnings Overview
On August 2, 2023, ENSTAR GROUP ($NASDAQ:ESGR) reported its earnings results for the second quarter of fiscal year 2023, ending June 30th, 2023. The company attained total revenue of USD 147.0 million, representing a remarkable 129.6% increase from the same period of the year before. Net income for the quarter totaled USD 30.0 million, an impressive 106.2% year-over-year increase.
Market Price
On Wednesday, ENSTAR GROUP reported its earnings for the second quarter of FY 2023. The company’s stock opened at $254.0 and closed at $254.4, down by 0.1% from its previous closing price of 254.6. ENSTAR GROUP’s earnings report was met with a generally positive response from investors, as the company showed progress in all areas of its business. This was driven by strong demand for its products and services, as well as a focus on expanding into new markets.
Overall, ENSTAR GROUP was able to report a successful quarter and has set itself up for continued growth going forward. This is especially true with the company’s recent announcement about expanding its operations into international markets, which is expected to generate even more revenue in the future. Investors should remain optimistic about ENSTAR GROUP’s prospects for the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enstar Group. More…
| Total Revenues | Net Income | Net Margin |
| 230 | 240 | 118.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enstar Group. More…
| Operations | Investing | Financing |
| 811 | -16 | -682 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enstar Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 21.86k | 16.76k | 306.53 |
Key Ratios Snapshot
Some of the financial key ratios for Enstar Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -51.8% | – | 210.9% |
| FCF Margin | ROE | ROA |
| 352.6% | 6.2% | 1.4% |
Analysis – Enstar Group Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of ENSTAR GROUP‘s wellbeing. After reviewing the company’s financials and assessing the overall market conditions, we calculated the intrinsic value of ENSTAR GROUP share to be around $237.1 with our proprietary Valuation Line. Currently, ENSTAR GROUP stock is traded at $254.4, representing a fair price that is overvalued by 7.3%. We believe there is potential for investors to reap rewards, however, they should be aware of the risks associated with investing in a stock that is overvalued. Furthermore, investors should consider the company’s future prospects, the general economic climate, and the competitive landscape before investing in ENSTAR GROUP stock. More…
Peers
It focuses on acquiring and managing insurance and reinsurance companies. The company operates in the United States, Europe, Asia, Australia, and South America. Enstar Group Ltd’s competitors include Zavarovalnica Triglav DD, American National Group Inc, UNIQA Insurance Group AG.
– Zavarovalnica Triglav DD ($LTS:0KFO)
Zavarovalnica Triglav DD is a Slovenian insurance company with a market cap of 794.88M as of 2022. The company has a ROE of 10.44%. Zavarovalnica Triglav DD offers a wide range of insurance products, including property and casualty, life, health, and reinsurance. The company has a strong presence in Slovenia and Croatia, and also operates in Bosnia and Herzegovina, Montenegro, and Macedonia.
– American National Group Inc ($LTS:0GDR)
UNIQA Insurance Group AG is an Austrian insurance company with a market cap of 2.19 billion as of 2022. The company has a return on equity of 10.93%. UNIQA provides a wide range of insurance products and services, including life, health, and property and casualty insurance. The company operates in Austria, Germany, Hungary, Poland, Romania, Slovakia, Slovenia, the Czech Republic, and Croatia.
Summary
Investors should take note of ENSTAR GROUP‘s impressive second quarter performance for the fiscal year 2023. The company reported a total revenue of USD 147 million, a 129.6% year-over-year increase, and net income of USD 30 million, a 106.2% increase from the same period in the previous year. The tremendous growth in revenue and net income suggests strong performance in the market and demonstrates the company’s potential for investors. With this level of success, ENSTAR GROUP appears to be an attractive opportunity for investors seeking to capitalize on the company’s future growth.
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