BEAZLEY PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 638 GBX | -3.11% |
|
-3.55% | +22.22% |
| Apr. 25 | Beazley plc Approves Interim Dividend | CI |
| Apr. 11 | Beazley promotes former Hiscox executive to senior director | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,870 | 3,014 | 3,820 | 5,468 | 4,404 | 5,219 | - | - |
| Enterprise Value (EV) 1 | 4,146 | 3,014 | 3,820 | 6,030 | 4,958 | 5,219 | 5,219 | 5,219 |
| P/E ratio | 16.5 x | -57.9 x | 12.7 x | 39.5 x | 5.44 x | 6.24 x | 5.38 x | 4.77 x |
| Yield | 2.16% | - | 2.79% | 1.96% | 2.73% | 2.37% | 3.07% | 3.66% |
| Capitalization / Revenue | 1.29 x | 0.85 x | 0.83 x | 1.04 x | 0.79 x | 0.87 x | 0.8 x | 0.78 x |
| EV / Revenue | 1.29 x | 0.85 x | 0.83 x | 1.04 x | 0.79 x | 0.87 x | 0.8 x | 0.78 x |
| EV / EBITDA | 12.4 x | - | 8.81 x | 22 x | 3.32 x | 6.88 x | 6.94 x | - |
| EV / FCF | 8.53 x | 6.5 x | 3.33 x | 5.1 x | 13 x | 9.28 x | 8.8 x | 9.05 x |
| FCF Yield | 11.7% | 15.4% | 30% | 19.6% | 7.68% | 10.8% | 11.4% | 11.1% |
| Price to Book | 2.42 x | 1.66 x | 1.74 x | 2 x | 1.11 x | 1.21 x | 1.04 x | 0.88 x |
| Nbr of stocks (in thousands) | 524,852 | 604,627 | 605,541 | 665,301 | 662,732 | 656,749 | - | - |
| Reference price 2 | 7.373 | 4.986 | 6.309 | 8.219 | 6.645 | 7.947 | 7.947 | 7.947 |
| Announcement Date | 2/6/20 | 2/5/21 | 2/10/22 | 3/2/23 | 3/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,004 | 3,564 | 4,619 | 5,269 | 5,601 | 6,021 | 6,495 | 6,687 |
| EBITDA 1 | 311.9 | - | 433.5 | 248 | 1,328 | 758.4 | 752.2 | - |
| EBIT 1 | 295.4 | -10.2 | 408.1 | 230.4 | 1,295 | 995.2 | 1,117 | 1,131 |
| Operating Margin | 9.83% | -0.29% | 8.84% | 4.37% | 23.12% | 16.53% | 17.2% | 16.91% |
| Earnings before Tax (EBT) 1 | 267.7 | -50.4 | 369.2 | 191 | 1,254 | 1,011 | 1,124 | 1,175 |
| Net income 1 | 234.1 | -46.1 | 308.7 | 160.8 | 1,027 | 797.6 | 898.1 | 931.1 |
| Net margin | 7.79% | -1.29% | 6.68% | 3.05% | 18.33% | 13.25% | 13.83% | 13.92% |
| EPS 2 | 0.4463 | -0.0861 | 0.4976 | 0.2080 | 1.221 | 1.274 | 1.477 | 1.668 |
| Free Cash Flow 1 | 453.9 | 463.9 | 1,147 | 1,073 | 338 | 562.4 | 593.4 | 577 |
| FCF margin | 15.11% | 13.02% | 24.84% | 20.37% | 6.03% | 9.34% | 9.14% | 8.63% |
| FCF Conversion (EBITDA) | 145.53% | - | 264.66% | 432.7% | 25.45% | 74.16% | 78.89% | - |
| FCF Conversion (Net income) | 193.89% | - | 371.66% | 667.35% | 32.92% | 70.51% | 66.08% | 61.97% |
| Dividend per Share 2 | 0.1591 | - | 0.1759 | 0.1612 | 0.1817 | 0.1886 | 0.2441 | 0.2910 |
| Announcement Date | 2/6/20 | 2/5/21 | 2/10/22 | 3/2/23 | 3/7/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,520 | 1,664 | 1,900 | 2,035 | 2,584 | 2,555 | 2,714 | 2,921 | 2,680 | 2,912 | 2,912 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | 10.4 | - | 178.7 | - | 61.8 | - | - | 907.3 | 539 | 539 |
| Operating Margin | - | 0.63% | - | 8.78% | - | 2.42% | - | - | 33.85% | 18.51% | 18.51% |
| Earnings before Tax (EBT) | 101.3 | -13.8 | -36.6 | 167.3 | 201.9 | 22.3 | 168.7 | 366.4 | 888 | - | - |
| Net income | 95.5 | -12.7 | - | 139.5 | 169.2 | 13.9 | 146.9 | 284.1 | 742.7 | - | - |
| Net margin | 6.28% | -0.76% | - | 6.85% | 6.55% | 0.54% | 5.41% | 9.73% | 27.71% | - | - |
| EPS | 0.1824 | - | - | 0.2380 | 0.2427 | 0.0230 | 0.1850 | - | 0.8780 | - | - |
| Dividend per Share | 0.1062 | - | - | - | 0.1759 | - | 0.1612 | - | 0.1817 | - | - |
| Announcement Date | 2/6/20 | 7/23/20 | 2/5/21 | 7/23/21 | 2/10/22 | 7/22/22 | 3/2/23 | 9/7/23 | 3/7/24 | - | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 276 | - | - | 563 | 555 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.8859 x | - | - | 2.268 x | 0.4175 x | - | - | - |
| Free Cash Flow 1 | 454 | 464 | 1,147 | 1,073 | 338 | 562 | 593 | 577 |
| ROE (net income / shareholders' equity) | 15% | -2.68% | 15.7% | 6.84% | 30% | 19.8% | 19.9% | 19.4% |
| ROA (Net income/ Total Assets) | 2.82% | -0.47% | 2.64% | 1.15% | 8.09% | 6.09% | 5.8% | 5.4% |
| Assets 1 | 8,304 | 9,731 | 11,698 | 13,953 | 12,689 | 13,108 | 15,489 | 17,255 |
| Book Value Per Share 2 | 3.040 | 3.010 | 3.620 | 4.100 | 6.000 | 6.580 | 7.670 | 9.030 |
| Cash Flow per Share 2 | 0.0900 | 0.8200 | 1.900 | 1.770 | 0.5800 | 0.8000 | 1.060 | 0.8600 |
| Capex 1 | - | 12.9 | 22.2 | 23.7 | 55.2 | 23.2 | 23.9 | 24.7 |
| Capex / Sales | - | 0.36% | 0.48% | 0.45% | 0.99% | 0.39% | 0.37% | 0.37% |
| Announcement Date | 2/6/20 | 2/5/21 | 2/10/22 | 3/2/23 | 3/7/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
7.947
USD
Average target price
10.37
USD
Spread / Average Target
+30.50%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.22% | 5.22B | |
| +38.91% | 61.52B | |
| +10.01% | 50.24B | |
| +12.05% | 48.88B | |
| +21.50% | 44.86B | |
| +22.39% | 33.96B | |
| +10.03% | 29.23B | |
| +50.11% | 27.95B | |
| +21.57% | 24.78B | |
| -3.96% | 20.38B |
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- Financials Beazley plc
