GLRE Stock Fair Value Calculator – Comparing Financial Performance of Greenlight Capital Re and Skyward Specialty Insurance Group
April 9, 2023
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When comparing the financial performance of Greenlight Capital Re ($NASDAQ:GLRE) (GLC Re) and Skyward Specialty Insurance Group (SKW Re), it is important to consider the strengths and weaknesses of each company. GLC Re is a publicly traded Bermuda-based reinsurance company managed by resilient leadership with a conservative approach to managing its investment portfolio. GLC Re has a strong track record of financial performance, with a return on equity averaging over 7%. This has been supported by a consistent investment strategy that focuses on low-risk assets and the use of derivatives to manage risk. GLC Re also has a well-diversified portfolio of investments, which helps reduce volatility and maintain a steady dividend growth rate. This is mainly due to the company’s higher risk investments and its focus on short-term growth opportunities.
However, SKW Re’s higher risk investments have also been supported by strong capitalization and liquidity, allowing the company to take advantage of opportunities when they present themselves. Overall, both GLC Re and SKW Re have had their fair share of successes and failures. However, GLC Re’s steady approach to investment management and its focus on lower-risk assets have led to more consistent returns over the long-term. As such, GLC Re appears to be the better choice if investors are looking for a safe, yet rewarding, investment option.
Share Price
Monday was a positive day for Greenlight Capital Re, with the stock opening at $9.4 and closing at $9.6, up by 2.0% from the prior closing price of $9.4. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for GLRE. More…
| Total Revenues | Net Income | Net Margin |
| 471.84 | 25.34 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for GLRE. More…
| Operations | Investing | Financing |
| -31.8 | 47.02 | -19.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for GLRE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.58k | 1.08k | 14.45 |
Key Ratios Snapshot
Some of the financial key ratios for GLRE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.3% | – | 7.5% |
| FCF Margin | ROE | ROA |
| -6.7% | 4.6% | 1.4% |
Analysis – GLRE Stock Fair Value Calculator
At GoodWhale, we have conducted an in-depth analysis into the health of GREENLIGHT CAPITAL RE. In our assessment, we determined the intrinsic value of the stock to be around $7.3 using our proprietary Valuation Line. Currently, GREENLIGHT CAPITAL RE share is trading at $9.6, a 31.6% premium over its intrinsic value. This indicates that the stock is currently overvalued. Ultimately, it is up to investors to make the best decisions for their portfolios based on market conditions and future expectations. More…
Peers
The company offers a wide range of products and services to its clients, which include insurance companies, reinsurers, and other financial institutions. Greenlight Capital Re Ltd. has a strong presence in the global reinsurance market and is one of the largest providers of reinsurance in the world. The company has a strong competitive advantage over its competitors due to its diversified product portfolio, strong financial position, and experienced management team.
– Brighthouse Financial Inc ($NASDAQ:BHF)
As of 2022, Brighthouse Financial has a market cap of 4.11B and a ROE of 14.76%. The company provides a variety of financial services, including life insurance, annuities, and investment products.
– MetLife Inc ($NYSE:MET)
MetLife, Inc. is an American multinational life insurance corporation, which offers life insurance, annuities, long-term care insurance, disability income insurance, and other financial services products. As of 2020, it was the largest life insurer in the United States based on assets and 13th largest in the world based on revenue.
The company has a market cap of 58.34B as of 2022 and a Return on Equity of 7.96%. MetLife is one of the largest life insurers in the United States and offers a variety of financial services products, including life insurance, annuities, long-term care insurance, and disability income insurance. The company has a strong financial position and is well-positioned to continue growing its business and delivering value to shareholders.
– Oxbridge Re Holdings Ltd ($NASDAQ:OXBR)
Oxbridge Re Holdings Ltd is a holding company that reinsures mortgage insurance policies. The company has a market cap of 11.91M as of 2022 and a ROE of 30.09%. The company was founded in 2012 and is headquartered in Hamilton, Bermuda.
Summary
Greenlight Capital Re is a leading provider of reinsurance services to the global insurance industry. The company specializes in underwriting and reinsurance programs that help insurers manage their risk and meet their capital requirements. Its financial analysis focuses on analyzing and evaluating the financial performance of its clients, assessing financial health and stability, identifying risks, and utilizing data to assess the potential for returns. Greenlight Capital Re is well-respected for its expertise in quantitative analysis and its ability to identify patterns and trends in the marketplace.
Additionally, its experienced team of professionals provides insights into the insurance industry that help clients make informed decisions. Overall, its financial analysis helps support the financial well-being of its clients.
