Professional
Added to YB: 2025-10-29
Pitch date: 2025-09-30
AMBC [neutral]
Ambac Financial Group, Inc.
+0.73%
current return
Author Info
No bio for this author
Company Info
Ambac Financial Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution.
Market Cap
$392.1M
Pitch Price
$8.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
218.51
P/E
-11.21
EV/Sales
3.41
Sector
Insurance
Category
special_situation
Third Avenue Small-Cap Value Fund Portfolio Holding: Ambac Financial Group, Inc.
AMBC (holding update): Completed $250M ArmadaCare acquisition post-Oaktree legacy guarantee sale. Transformed into high-margin MGA/MGU insurance distribution model with recurrent revenue, minimal balance sheet risk, low capital intensity. Strategic position for organic growth, increased ownership stakes, overhead reduction & accelerated tax-loss utilization.
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