Axis Capital Stock Fair Value – AXIS Capital’s Rising ROE and Book Value Foretell Share Price Appreciation

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AXIS ($NYSE:AXS) Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and reinsurance. Its business model provides clients with access to a broad range of products and services in both the insurance and reinsurance markets worldwide. Recently, AXIS Capital has reported strong financial results, with a return on equity (ROE) that has been steadily rising and a book value per share that has been growing for the past several years. These positive results suggest that the company is likely to experience further share-price increases over the coming months. Furthermore, the increasing book value per share indicates that the company is retaining a larger portion of its earnings to reinvest in itself, helping to drive further growth.

Given these promising financial indicators, AXIS Capital is well-positioned for future gains. The company’s solid fundamentals suggest that investors should start taking notice of the stock if they want to capitalize on its potential share price appreciation. As such, investors should carefully monitor the company’s progress in coming quarters for any further signs of improvement and potential investment opportunities.

Stock Price

AXIS Capital‘s stock price has been on the rise lately, with Thursday’s opening at $55.3 and closing at $56.3, a 2.0% increase from the previous day’s closing price of $55.2. These two financial ratios indicate that AXIS Capital is performing well as an investment, and will likely continue to do so in the future. The increasing ROE and book value per share suggest that AXIS Capital is a desirable investment which should experience additional share price appreciation in the coming months. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Axis Capital. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Axis Capital. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Axis Capital. More…

Key Ratios Snapshot

Some of the financial key ratios for Axis Capital are shown below. More…

Analysis – Axis Capital Stock Fair Value

We at GoodWhale have conducted an analysis of AXIS CAPITAL‘s wellbeing and our proprietary Valuation Line has determined its fair value to be around $56.6. This suggests that the investors have correctly valued the company’s assets and liabilities, and that AXIS CAPITAL is in a good position to continue its operations and generate good returns for its shareholders. More…

Peers

The Company operates through two segments: Insurance and Reinsurance. The Insurance segment offers a range of primary casualty insurance products, including general liability, professional liability, property, automobile and workers’ compensation. The Reinsurance segment provides reinsurance products, including property catastrophe, property, casualty, professional liability, workers’ compensation and other lines. Axis Capital Holdings Ltd., together with its subsidiaries, is a global provider of specialty lines of insurance and reinsurance products.

– Heritage Insurance Holdings Inc ($NYSE:HRTG)

Heritage Insurance Holdings Inc is a insurance company that focuses on property and casualty insurance. The company has a market cap of $37.99 million and a return on equity of -49.54%. The company’s main products include homeowners insurance, automobile insurance, and commercial insurance.

– United Fire Group Inc ($NASDAQ:UFCS)

United Fire Group, Inc., through its subsidiaries, provides insurance protection in the property and casualty market for individuals, families, and businesses worldwide. The company operates in three segments: Property and Casualty, Group Benefits, and Life. The Property and Casualty segment offers fire, allied lines, auto, workers’ compensation, and liability insurance products. The Group Benefits segment provides group life, health, disability, and long-term care insurance products. The Life segment offers universal life and annuity products. United Fire Group, Inc. was founded in 1873 and is headquartered in Cedar Rapids, Iowa.

As of 2022, United Fire Group Inc has a market cap of 824.66M and a ROE of 8.5%. The company operates in three segments: Property and Casualty, Group Benefits, and Life. The Property and Casualty segment offers fire, allied lines, auto, workers’ compensation, and liability insurance products. The Group Benefits segment provides group life, health, disability, and long-term care insurance products. The Life segment offers universal life and annuity products.

– Global Indemnity Group LLC ($NYSE:GBLI)

Global Indemnity Group LLC is a provider of insurance coverage and services. The company offers a range of property and casualty insurance products, including commercial automobile, general liability, workers’ compensation, and professional liability insurance. Global Indemnity Group LLC has a market cap of 303.02M as of 2022 and a Return on Equity of -0.24%. The company’s products are designed to protect policyholders from the financial consequences of property and casualty losses.

Summary

Axis Capital is an attractive investment opportunity with positive indicators pointing to share-price growth. The return on equity (ROE) has been rising, indicating a trend of growing profitability, while the book value has also been increasing, indicating a greater value for shareholders. These two signs suggest that AXIS Capital is in a strong position to continue generating value for shareholders and is poised for further share-price gains.