Financial Summary


White Mountains Insurance Group Ltd.

White Mountains Insurance Group Ltd... (WTM)

955.48 €
33.98 (+3.69%)
Buy
A
Market Info
Financial Info
Financial Modelling
Symbol WTM
Price 955.48$
Beta 0.40
Volume Avrg. 0.02M
Market Cap 2.97B
Shares (2019) 3,141.10K
Last Div 1.0
Dividend Yield 0.11%
DCF Unlevered 8,588.98 Strong Buy
DCF Levered 7.04 Strong Sell
ROE 12.71% Buy
ROA 10.41% Buy
Operating Margin 45.34% Strong Buy
Debt / Equity 22.13% Neutral
P/E 8.51 Strong Buy
P/B 1.08 Strong Buy

Income Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Earnings Per Share Diluted -10.1297.4430.5051.8951.2150.6082.19146.06-41.76130.27
Net Profit Margin -0.020.350.090.140.120.160.301.68-0.380.46
Weighted Average Shares Outstanding -0.07-0.076.800.090.080.070.060.050.043.14
Revenue 4,448.003,571.102,178.102,435.702,317.402,510.201,808.601,360.70373.80369.10893.40
Weighted Average Shares Outstanding (Diluted) -8.007.816.716.116.035.814.954.243.343.14
Gross Profit 4,448.001,503.10971.201,241.801,276.901,340.901,099.70696.70234.40120.4059.70
Dividend per Share -----------
Operating Income -208.00150.5061.60207.40321.80301.70154.90-40.407.80-178.20405.10
Gross Margin 1.000.420.450.510.550.530.610.510.630.330.07
Income Tax Expense -208.0020.90-122.70-15.7076.6053.30-0.70-45.40-7.80-4.0029.30
EBIT Margin -0.050.040.030.090.140.150.120.020.12-0.380.50
Net Income -86.50767.90207.40321.80312.70297.60412.50627.20-141.20414.50
Cost of Revenue -2,068.001,206.901,193.901,040.501,169.30708.90664.00139.40248.7048.10
Earnings Before Tax Margin -0.050.040.030.110.120.120.09-0.030.02-0.480.45
EBIT -208.00150.5061.60207.40321.80301.70154.90-40.407.80-178.20405.10
EBITDA -208.00150.5061.60207.40321.80371.40222.4024.1045.00-139.50445.40
Profit Margin -0.020.350.090.140.120.160.301.68-0.380.46
Operating Expenses 233.00203.70175.30182.20181.30288.20487.50299.90218.70235.70389.00
Earnings Per Share Basic -10.1297.4430.5051.8951.2150.6082.24146.06-41.76130.27
Earnings before Tax -208.00150.5061.60278.50268.30301.70154.90-40.407.80-178.20405.10
Interest Expense -70.00---13.0013.0013.0013.10---

Balance Sheet Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Short-term debt --23.1018.2012.507.101.701,387.2017.902.206.60
Other Assets 15,442.0014,533.0014,059.0012,891.0012,131.0010,034.009,868.006,544.003,658.003,362.003,982.00
Total current liabilities 13.001,361.301,070.101,105.401,035.801,125.00669.102,230.60382.90179.30207.40
Cash and cash equivalents 1.00148.10251.90212.60326.70349.50173.50149.8097.10110.30161.00
Long-term debt --671.20751.20676.40746.60442.40285.9023.80192.70283.50
Cash and short-term investments 1.001,254.401,097.901,242.301,483.501,221.20384.80436.80166.90177.20207.30
Total debt 1,051.00819.00694.30769.40688.90753.70444.101,673.1041.70194.90290.10
Inventories -----------
Deferred revenue -1,140.30846.90924.10901.40955.30612.60658.00136.80176.00198.40
Goodwill and Intangible Assets -----366.40375.7055.9062.10537.50654.70
Total non-current liabilities -373.201,036.701,092.501,138.101,171.40551.60375.0050.00230.90316.10
Total non-current assets -12,644.3012,476.9011,096.8010,141.908,688.009,676.405,878.003,487.803,179.003,769.20
Total liabilities 13.0010,881.109,976.309,163.608,238.806,460.306,371.302,941.40166.70519.50721.70
Total assets 15,443.0014,534.1014,064.0012,895.4012,144.3010,456.9010,284.506,544.703,659.203,362.603,983.20
Other comprehensive income -1,407.801,244.301,097.101,008.601,059.00968.30802.90666.80578.90593.10
Short-term investments -1,106.30846.001,029.701,156.80871.70211.30287.0069.8066.9046.30
Property, Plant & Equipment Net ----------22.60
Net Debt 1,050.00-148.10442.40556.80362.20404.20270.601,523.30-55.4084.60129.10
Investments -1,482.401,147.301,029.701,156.801,279.90527.10610.30278.60392.50902.30
Total shareholders equity -3,653.004,087.703,731.803,905.503,996.603,913.203,603.303,492.502,843.103,261.50
Retained earnings (deficit) -2,175.602,789.702,542.702,802.303,011.403,084.902,797.202,823.202,264.902,672.40
Long-term investments -376.10301.30--408.20315.80323.30208.80325.60856.00
Receivables -635.40489.20556.30518.90547.70223.30229.904.506.406.70
Payables 13.00221.00134.60116.5071.90105.7030.50180.20227.902.00-
Total current assets 1.001,889.801,587.101,798.602,002.401,768.90608.10666.70171.40183.60214.00

Cash Flow Statement

Quarter data
Year 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Investing Cash Flow 365.00485.30799.60832.70401.6047.9011.301,276.80718.50459.20-59.90
Free Cash Flow -11.0056.00-114.50-225.80-101.00118.80175.70-155.3094.60-31.10-120.50
Depreciation & Amortization -----69.7067.5064.5037.2038.7040.30
Net cash flow / Change in cash -35.00-0.80223.40-41.30114.1022.80-64.50-17.7016.0013.20161.00
Effect of forex changes on cash -8.10-1.503.10-0.20-14.30----0.600.60
Financing Cash Flow -360.00-550.20-460.20-648.20-186.50-129.60-214.60-942.40-699.00-414.30230.50
Dividend payments -8.00-8.80-8.00-6.60-6.20-6.20-6.00-5.40-4.60-3.80-3.20
Stock-based compensation ---12.0014.203.002.002.7018.2011.7010.30
Investment purchases -193.00-340.70-318.80-669.10-79.80-265.20-346.60-920.80-798.70-607.80-177.70
Acquisitions and disposals -11.0055.00-14.00-5.0017.00-12.0032.00-4.00-4.00-4.00-3.00
Capital Expenditure 11.007.005.002.0013.0011.00-32.004.00---
Operating Cash Flow -56.00-114.50-225.80-101.00118.80175.70-155.3094.60-31.10-120.50

Retained Earning Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Retained Earnings (Previous Year) --2,1762,7902,5432,8023,0113,0852,7972,8232,265
Net Income -87768207322313298413627-141415
Stock Dividends 82,098-146-448-56-97-218-695-597-413-4
Dividend Paid -8-9-8-7-6-6-6-5-5-4-3
Retained Earnings -2,1762,7902,5432,8023,0113,0852,7972,8232,2652,672

PPE Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Gross PPE -----------
Annual Depreciation -11-7-5-2-13-1132-4--23
Capital Expenditure 117521311-324---
Net PPE ----------23

Intangible and Goodwill Schedule

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Intangible and Goodwill (Previous Year) ------3663765662538
New Purchases -193-341-319-669-80-265-347-921-799-608-178
Intangible and Goodwill -----3663765662538655

About


Mr. George Manning Rountree
Financial Services
Insurance Property & Casualty
New York Stock Exchange

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. The NSM segment operates as a general underwriting agency and program administrator for specialty property and casualty insurance to sectors, such as specialty transportation, social services, and real estate. The MediaAlpha segment operates MediaAlpha, a marketing technology that enables programmatic buying and selling of vertical specific, performance-based media between advertisers, and publishers through cost-per-click, cost-per-call, and cost-per-lead pricing models. The Kudu segment provides capital solutions to asset managers and registered investment advisors for g