Financials Beazley plc

Equities

BEZ

GB00BYQ0JC66

Property & Casualty Insurance

Market Closed - London S.E. 11:35:12 2024-05-01 am EDT 5-day change 1st Jan Change
659 GBX -0.60% Intraday chart for Beazley plc -1.35% +26.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,870 3,014 3,820 5,468 4,404 5,408 - -
Enterprise Value (EV) 1 4,146 3,014 3,820 6,030 4,958 5,408 5,408 5,408
P/E ratio 16.5 x -57.9 x 12.7 x 39.5 x 5.44 x 6.4 x 5.54 x 5.09 x
Yield 2.16% - 2.79% 1.96% 2.73% 2.33% 2.95% 3.34%
Capitalization / Revenue 1.29 x 0.85 x 0.83 x 1.04 x 0.79 x 0.9 x 0.83 x 0.81 x
EV / Revenue 1.29 x 0.85 x 0.83 x 1.04 x 0.79 x 0.9 x 0.83 x 0.81 x
EV / EBITDA 12.4 x - 8.81 x 22 x 3.32 x 7.13 x 7.19 x -
EV / FCF 8.53 x 6.5 x 3.33 x 5.1 x 13 x 9.62 x 9.11 x 9.37 x
FCF Yield 11.7% 15.4% 30% 19.6% 7.68% 10.4% 11% 10.7%
Price to Book 2.42 x 1.66 x 1.74 x 2 x 1.11 x 1.25 x 1.07 x 0.9 x
Nbr of stocks (in thousands) 524,852 604,627 605,541 665,301 662,732 657,141 - -
Reference price 2 7.373 4.986 6.309 8.219 6.645 8.230 8.230 8.230
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 6,014 6,485 6,674
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 1,005 1,121 1,138
Operating Margin 9.83% -0.29% 8.84% 4.37% 23.12% 16.71% 17.29% 17.05%
Earnings before Tax (EBT) 1 267.7 -50.4 369.2 191 1,254 1,022 1,126 1,143
Net income 1 234.1 -46.1 308.7 160.8 1,027 807.1 903.1 936.6
Net margin 7.79% -1.29% 6.68% 3.05% 18.33% 13.42% 13.93% 14.03%
EPS 2 0.4463 -0.0861 0.4976 0.2080 1.221 1.285 1.485 1.618
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% 9.35% 9.15% 8.65%
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% 69.68% 65.71% 61.61%
Dividend per Share 2 0.1591 - 0.1759 0.1612 0.1817 0.1915 0.2430 0.2747
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 2,898 2,898
EBITDA - - - - - - - - - - -
EBIT 1 - 10.4 - 178.7 - 61.8 - - 907.3 552.8 552.8
Operating Margin - 0.63% - 8.78% - 2.42% - - 33.85% 19.07% 19.07%
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% 20% 20% 19.4%
ROA (Net income/ Total Assets) 2.82% -0.47% 2.64% 1.15% 8.09% 6.31% 5.78% 5.37%
Assets 1 8,304 9,731 11,698 13,953 12,689 12,799 15,636 17,431
Book Value Per Share 2 3.040 3.010 3.620 4.100 6.000 6.610 7.710 9.110
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
8.23 USD
Average target price
10.46 USD
Spread / Average Target
+27.13%
Consensus
  1. Stock Market
  2. Equities
  3. BEZ Stock
  4. Financials Beazley plc