Added to YB: 2024-01-25
Pitch date: 2024-01-25
ADM.L [neutral]
Admiral Group plc
+43.74%
current return
Author Info
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Company Info
Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.
Market Cap
GBP 9.9B
Pitch Price
GBP 22.36
Price Target
N/A
Dividend
6.25%
EV/EBITDA
10.84
P/E
13.51
EV/Sales
2.30
Sector
Insurance
Category
special_situation
Show full summary:
Librarian Capital portfolio: Admiral (ADM.L)
ADM.L weak since Dec peak on regulatory uncertainty (FCA criticism of premium finance). But UK insurance prices still rising, avg motor +58% YoY to record £995 in Q4, aiding share & margins. £115M RSA Home/Pet deal in Dec. High single-digit EPS CAGR & mid single-digit div yield thesis intact.
Read full article (1 min)