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Admiral Group (AMIGY)
OTHER OTC:AMIGY
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Admiral Group
(OTC:AMIGY)
77Outperform
Admiral Group (AMIGY) vs. S&P 500 (SPY)
Market Cap
$11.46B
Dividend Yield3.98%
Average Volume (3M)20.00
Price to Earnings (P/E)13.6
Beta (1Y)0.26
Revenue Growth38.65%
EPS Growth101.27%
CountryUS
Employees15,432
SectorFinancial
Sector Strength78
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)2.77
Shares Outstanding306,304,700
10 Day Avg. Volume0
30 Day Avg. Volume20
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)N/A
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)17.30
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Admiral Group Business Overview & Revenue Model
Company DescriptionAdmiral Group plc (AMIGY) is a leading British financial services company primarily focused on the insurance sector. Founded in 1993 and headquartered in Cardiff, Wales, Admiral Group specializes in offering a variety of insurance products, including motor, home, travel, and pet insurance. The company operates across several countries, including the UK, Spain, Italy, France, and the United States, leveraging a direct-to-consumer model to provide competitive insurance solutions to millions of customers.
How the Company Makes MoneyAdmiral Group makes money primarily through the premiums collected from its insurance products, which include motor, home, travel, and pet insurance. The company's revenue model is based on underwriting profits and investment income. Underwriting profits are generated when the premiums collected exceed the claims paid out and the operating expenses associated with managing these policies. Additionally, the company earns interest and investment returns on the premiums held before claims are paid. Admiral Group also benefits from ancillary revenue streams, including fees from add-on insurance products and services. Significant partnerships with automobile manufacturers, banks, and financial institutions also contribute to its earnings by expanding its distribution channels and customer base.
Admiral Group Financial Statement Overview
Summary
Admiral Group shows strong revenue growth but faces challenges in profitability and cash flow management. The balance sheet indicates moderate leverage but a need for equity ratio improvement. Operational efficiency, debt management, and cash flow optimization are crucial areas for enhancement.Income Statement
Admiral Group's income statement shows significant revenue growth from the previous year, but the company faced a negative EBIT, impacting profitability. The gross profit margin improved, indicating cost management, but the net profit margin remains modest due to the negative EBIT. The company should focus on improving operational efficiency to enhance profitability.42
Neutral
Balance Sheet
The balance sheet reveals a mixed picture. While the company maintains a reasonable debt-to-equity ratio, indicating moderate leverage, the return on equity has decreased due to lower net income. The equity ratio is relatively low, suggesting a higher reliance on liabilities. Strengthening equity and managing debt could improve financial stability.55
Neutral
Cash Flow
Admiral Group's cash flow statement reflects a decline in free cash flow growth, impacted by decreased operating cash flow. The operating cash flow to net income ratio shows a healthy conversion, but the free cash flow to net income ratio indicates potential challenges in sustaining free cash flow. Improving cash flow efficiency will be crucial for future growth.48
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.49B | 3.55B | 1.49B | 1.55B | 1.31B | 1.35B | Gross Profit |
| 4.50B | 3.91B | 1.49B | 1.55B | 1.31B | 1.35B | EBIT |
| 561.30M | -800.00K | 483.60M | 979.80M | 484.30M | 56.70M | EBITDA |
| 7.50M | 57.90M | 525.50M | 1.05B | 527.10M | 99.20M | Net Income Common Stockholders |
| 400.90M | 338.00M | 286.50M | 583.30M | 528.80M | 432.40M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 476.80M | 3.14B | 2.67B | 458.00M | 363.60M | 398.20M | Total Assets |
| 6.80B | 7.10B | 8.94B | 8.36B | 7.84B | 7.59B | Total Debt |
| 444.20M | 1.21B | 1.03B | 776.20M | 607.80M | 665.80M | Net Debt |
| -32.60M | 896.80M | 730.60M | 318.20M | 244.20M | 267.60M | Total Liabilities |
| 6.03B | 6.10B | 7.98B | 6.95B | 6.72B | 6.67B | Stockholders Equity |
| 758.30M | 991.80M | 954.20M | 1.41B | 1.11B | 909.40M |
| Cash Flow | Free Cash Flow | ||||
| 536.40M | 203.10M | 366.50M | 175.40M | 565.70M | 203.00M | Operating Cash Flow |
| 599.40M | 279.00M | 465.10M | 244.60M | 608.80M | 236.60M | Investing Cash Flow |
| -328.60M | -438.20M | -101.00M | 387.80M | -43.10M | -33.60M | Financing Cash Flow |
| -353.50M | -171.80M | -425.00M | -564.80M | -498.10M | -304.90M |
Admiral Group Technical Analysis
Positive
37.60
Price Trends
36.38
Positive
34.45
Positive
34.68
Positive
Market Momentum
0.18
Positive
52.96
Neutral
32.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMIGY, the sentiment is Positive. The current price of 37.6 is below the 20-day moving average (MA) of 38.05, above the 50-day MA of 36.38, and above the 200-day MA of 34.68, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 52.96 is Neutral, neither overbought nor oversold. The STOCH value of 32.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMIGY.
Admiral Group Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $7.14B | 7.26 | 19.06% | 1.94% | 6.10% | 206.71% | |
82 Outperform | $5.68B | 13.47 | 16.03% | 2.03% | 4.07% | 1110.92% | |
78 Outperform | $12.68B | 13.34 | 9.40% | 3.79% | 7.30% | -20.49% | |
77 Outperform | $11.46B | 13.59 | 57.04% | 3.98% | 38.65% | 101.27% | |
75 Outperform | $10.94B | 12.32 | 20.33% | 2.48% | 6.91% | 4.97% | |
75 Outperform | $7.42B | 21.61 | 23.56% | 0.72% | 18.31% | 13.13% | |
63 Neutral | $12.86B | 9.17 | 9.14% | 4.78% | 16.41% | -10.11% |
* Financial Sector Average
Performance Comparison
AMIGY
Admiral Group
37.60
5.36
16.63%
AFG
American Financial Group
121.81
-2.92
-2.34%
AXS
Axis Capital
90.73
26.71
41.72%
CNA
CNA Financial
46.92
6.22
15.28%
RLI
RLI
76.71
7.09
10.18%
THG
Hanover Insurance
157.64
27.65
21.27%
Admiral Group Earnings Call Summary
Earnings Call Date: Mar 6, 2025 | % Change Since: 0.75% | Next Earnings Date: Aug 14, 2025
Earnings Call Sentiment Positive
The earnings call reflected a very strong performance overall, with record profitability and growth driven by UK Motor insurance. While there were challenges in Italy and a contraction in the U.S. market, the positive aspects significantly outweighed the negatives.Highlights
Record Group Profitability
Group profitability reached GBP 839 million, an all-time high, driven by UK Motor insurance delivering close to GBP 1 billion of profits.
Strong Turnover Growth
Reported 28% turnover growth with a 14% increase in customer base and higher average premiums than 2023 across the board.
International Profits
France and U.S. reported double-digit profits, and Admiral Money and UK Household also posted strong results.
Strong Solvency and Dividend Increase
Solvency ratio over 200% and full year dividend up 90% to 192p a share.
Admiral Money Growth
Admiral Money's outstanding balances increased by 23%, with profit up 30%.
Lowlights
Challenges in Italy
ConTe reported a GBP 23 million loss due to challenging market conditions with high bodily injury inflation.
U.S. Market Contraction
U.S. turnaround required shrinking the customer base, though profitability improved.
Company Guidance
In the call, Admiral Group provided detailed guidance on their 2024 performance and future outlook. The company reported a 28% turnover growth, driven by a 14% increase in their customer base and higher average premiums compared to 2023. Group profitability reached an all-time high of GBP 839 million, with UK Motor insurance contributing nearly GBP 1 billion in profits. Admiral also highlighted the success of their international operations, with France and the U.S. achieving double-digit profits. They maintained a strong solvency ratio of over 200% and emphasized their strategic focus on data, AI, and technology to enhance capabilities. The company also announced a dividend increase of 90% year-on-year, reflecting their robust financial position. For 2025, Admiral expects softer market conditions but remains confident in their disciplined approach and agility to adapt to changes, with anticipated continued growth and profitability across their diversified insurance lines.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.