James River Intrinsic Value Calculator – JAMES RIVER Reports Promising Q2 Earnings for FY2023
August 29, 2023
☀️Earnings Overview
JAMES RIVER ($NASDAQ:JRVR) reported their Q2 FY2023 earnings results on June 30, 2023, with total revenue increasing 29.0% year-over-year to USD 238.4 million and net income increasing to USD 23.7 million from 7.7 million the year prior.
Share Price
The stock opened at $17.7 and closed at $17.8, a 0.3% increase from its previous closing price of 17.7. This increase is indicative of the company’s positive second quarter performance, as investors have reacted positively to the financial reports. This impressive financial performance is attributed to robust growth in the company’s core markets, as well as a successful expansion into new markets and sectors.
In addition, the company’s innovative product and services offerings have been well received by customers, contributing to further revenue growth. This financial success has been driven by a combination of factors, including cost-cutting initiatives, strong demand in core markets, and strategic investments in research and development. With these developments, investors are expecting strong returns from JAMES RIVER in the coming quarters. The company’s impressive financial performance and strategic investments have put it in a strong position moving forward, and investors are hopeful that the growth will continue into the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for James River. More…
| Total Revenues | Net Income | Net Margin |
| 900.99 | 35.91 | 5.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for James River. More…
| Operations | Investing | Financing |
| 176.83 | -328.15 | 89.67 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for James River. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.3k | 4.56k | 19.69 |
Key Ratios Snapshot
Some of the financial key ratios for James River are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.4% | – | 10.4% |
| FCF Margin | ROE | ROA |
| 18.8% | 8.0% | 1.1% |
Analysis – James River Intrinsic Value Calculator
At GoodWhale, we have conducted a thorough analysis of the fundamentals of JAMES RIVER. Our proprietary Valuation Line analysis has yielded an intrinsic value of the JAMES RIVER share of around $33.5. This means that the stock is currently trading at $17.8, making it significantly undervalued – 46.8% lower than what it should be worth. Therefore, JAMES RIVER is a great investment opportunity right now. More…
Peers
The competition between James River Group Holdings Ltd and its competitors in the insurance market is fierce. Protector Forsikring ASA, Santam Ltd, and HCI Group Inc are all vying for a larger share of the market, each bringing their own unique products and services to the table. As the competition increases, it is essential that James River Group Holdings Ltd be able to stand out from its rivals in order to remain successful.
– Protector Forsikring ASA ($LTS:0JXF)
Protector Forsikring ASA is a leading provider of insurance services in Norway. As of 2023, the company has a market cap of 11.94 billion Norwegian krone (NOK). This market cap reflects the value of the company’s stock in the public markets and is a good measure of the company’s financial health. The company was founded in 1872 and is headquartered in Oslo, Norway. It provides a wide range of insurance products, ranging from life insurance and disability coverage to property and casualty insurance. Protector Forsikring is a publicly traded company listed on the Oslo Stock Exchange. It has a long track record of providing quality and reliable insurance solutions to its customers.
– Santam Ltd ($BER:RXWA)
Santam Ltd is a financial services provider based in South Africa. It offers a comprehensive range of insurance and financial services to individuals, businesses, and public entities. As of 2023, the company has a market capitalization of 1.66 billion and a Return on Equity (ROE) of 23.4%. This indicates that the company is performing well financially and has good potential for future growth. Santam Ltd has a strong presence in the South African market, with an impressive portfolio of products and services. The company is committed to providing quality service and customer satisfaction. With its strong market cap and ROE, Santam Ltd is well-positioned for continued success in the coming years.
– HCI Group Inc ($NYSE:HCI)
HCI Group Inc is a property and casualty insurance holding company based in Tampa, Florida. The company operates through its subsidiaries to provide property and casualty insurance products and services to homeowners in Florida. As of 2023, HCI Group Inc has a market cap of 442.14M, which indicates that the company has a good position in the market. Additionally, HCI Group Inc has a Return on Equity (ROE) of -19.11%, which indicates a slight lack of profitability. The company has been able to remain profitable despite challenging conditions in the market, but it is still struggling to return more value to its shareholders.
Summary
Investors are encouraged by the strong financial performance of JAMES RIVER in the second quarter of FY2023, with total revenue increasing by 29.0% year-over-year to USD 238.4 million, and net income rising to USD 23.7 million compared to the previous year’s figure of 7.7 million. This strong performance showcases the company’s ability to capitalize on market opportunities despite challenging conditions, and is likely to boost confidence among investors in the future success of JAMES RIVER.
Related Posts
Recent Posts
