Added to YB: 2024-08-06
Pitch date: 2024-08-05
IGIC [neutral]
International General Insurance Holdings Ltd.
+59.19%
current return
Author Info
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Company Info
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide.
Market Cap
$1.0B
Pitch Price
$15.26
Price Target
72.68 (+199%)
Dividend
4.38%
EV/EBITDA
6.43
P/E
8.52
EV/Sales
1.57
Sector
Insurance
Category
value
International General Insurance | A High-Quality Insurance Company
IGIC: Specialty insurer at 1x BV, 6x EPS. 87.7% 10yr avg CR, 13% ROE. 8% rev growth est. Strong risk mgmt, niche focus. $72.68 10yr PT (13.2% CAGR). Risks: ME HQ, SBC dilution. Advantages: disciplined underwriting, buybacks. 26% FCF margin, 12x FCF multiple assumed. Watch for potential investment.
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