(EG) Everest - Overview
Sector: Financial Services | Industry: Insurance - Reinsurance | Exchange: NYSE (USA) | Market Cap: 14.105m USD | Total Return: 7.5% in 12m
Avg Turnover: 119M
EPS Trend: -36.9%
Qual. Beats: 0
Rev. Trend: 92.4%
Qual. Beats: 7
Warnings
No concerns identified
Tailwinds
Garp
Everest Group, Ltd. (EG) is a Bermuda-based global provider of property and casualty reinsurance and insurance. The company operates through two primary segments: Reinsurance, which focuses on treaty and facultative products, and Insurance, which provides commercial coverage through retail and wholesale channels. Its portfolio spans diverse specialty lines including catastrophe, marine, aviation, and mortgage insurance.
The reinsurance business model functions as a financial backstop for primary insurers, allowing them to manage volatility by transferring high-severity risks to Everest’s balance sheet. In the current market environment, reinsurers often benefit from hard market conditions characterized by rising premium rates and stricter underwriting terms following periods of high catastrophe losses. Everest utilizes a global distribution network of brokers and direct relationships to deploy capital across both standard and niche indemnity markets.
Investors looking for deeper fundamental analysis may find ValueRay a useful tool for further due diligence. Formerly known as Everest Re Group, the firm rebranded in 2023 to reflect its expanded operations beyond traditional reinsurance into broader commercial insurance markets.
- Hardening reinsurance pricing cycles drive underwriting margin expansion and premium growth
- Catastrophic loss frequency and severity impact quarterly earnings and capital reserves
- Rising interest rates enhance investment income from fixed income portfolio holdings
- Expansion of primary insurance segment reduces reliance on volatile reinsurance cycles
- Global property and casualty demand shifts influence treaty renewal rates and volume
| Net Income: 2.03b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -3.65 > 1.0 |
| NWC/Revenue: -66.07% < 20% (prev -66.27%; Δ 0.20% < -1%) |
| CFO/TA 0.05 > 3% & CFO 2.86b > Net Income 2.03b |
| Net Debt (-15.0b) to EBITDA (2.44b): -6.14 < 3 |
| Current Ratio: 0.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.3m) vs 12m ago -5.66% < -2% |
| Gross Margin: 28.48% > 18% (prev 0.11%; Δ 2.84k% > 0.5%) |
| Asset Turnover: 28.47% > 50% (prev 29.64%; Δ -1.18% > 0%) |
| Interest Coverage Ratio: 17.82 > 6 (EBITDA TTM 2.44b / Interest Expense TTM 137.0m) |
| A: -0.18 (Total Current Assets 31.2b - Total Current Liabilities 42.5b) / Total Assets 62.3b |
| B: 0.27 (Retained Earnings 17.1b / Total Assets 62.3b) |
| C: 0.04 (EBIT TTM 2.44b / Avg Total Assets 60.2b) |
| D: 0.35 (Book Value of Equity 16.7b / Total Liabilities 47.1b) |
| Altman-Z'' = 0.35 = B |
As of May 23, 2026, the stock is trading at USD 356.45 with a total of 215,010 shares traded.
Over the past week, the price has changed by +0.30%,
over one month by +2.23%,
over three months by +5.08% and
over the past year by +7.45%.
Everest has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold EG.
- StrongBuy: 3
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 387.1 | 8.6% |
P/E Forward = 5.4765
P/S = 0.8136
P/B = 0.9225
P/EG = 0.9682
Revenue TTM = 17.1b USD
EBIT TTM = 2.44b USD
EBITDA TTM = 2.44b USD
Long Term Debt = 3.59b USD (from longTermDebt, last quarter)
Short Term Debt = 28.0m USD (from shortTermDebt, last fiscal year)
Debt = 3.66b USD (from shortLongTermDebtTotal, last quarter) + Leases 69.2m
Net Debt = -15.0b USD (calculated: Debt 3.66b - CCE 18.6b)
Enterprise Value = 14.1b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 17.82 (Ebit TTM 2.44b / Interest Expense TTM 137.0m)
EV/FCF = 4.94x (Enterprise Value 14.1b / FCF TTM 2.86b)
FCF Yield = 20.25% (FCF TTM 2.86b / Enterprise Value 14.1b)
FCF Margin = 16.66% (FCF TTM 2.86b / Revenue TTM 17.1b)
Net Margin = 11.86% (Net Income TTM 2.03b / Revenue TTM 17.1b)
Gross Margin = 28.48% ((Revenue TTM 17.1b - Cost of Revenue TTM 12.3b) / Revenue TTM)
Gross Margin QoQ = 45.50% (prev 32.87%)
Tobins Q-Ratio = 0.23 (Enterprise Value 14.1b / Total Assets 62.3b)
Interest Expense / Debt = 3.75% (Interest Expense 137.0m / Debt 3.66b)
Taxrate = 11.28% (83.0m / 736.0m)
NOPAT = 2.17b (EBIT 2.44b * (1 - 11.28%))
Current Ratio = 0.73 (Total Current Assets 31.2b / Total Current Liabilities 42.5b)
Debt / Equity = 0.24 (Debt 3.66b / totalStockholderEquity, last quarter 15.3b)
Debt / EBITDA = -6.14 (Net Debt -15.0b / EBITDA 2.44b)
Debt / FCF = -5.24 (Net Debt -15.0b / FCF TTM 2.86b)
Total Stockholder Equity = 15.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.38% (Net Income 2.03b / Total Assets 62.3b)
RoE = 13.31% (Net Income TTM 2.03b / Total Stockholder Equity 15.3b)
RoCE = 12.93% (EBIT 2.44b / Capital Employed (Equity 15.3b + L.T.Debt 3.59b))
RoIC = 10.99% (NOPAT 2.17b / Invested Capital 19.7b)
WACC = 6.39% (E(14.1b)/V(17.8b) * Re(7.18%) + D(3.66b)/V(17.8b) * Rd(3.75%) * (1-Tc(0.11)))
Discount Rate = 7.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -3.26%
[DCF] Terminal Value 73.10% ; FCFF base≈3.63b ; Y1≈3.18b ; Y5≈2.57b
[DCF] Fair Price = 1.42k (EV 41.3b - Net Debt -15.0b = Equity 56.2b / Shares 39.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -36.90 | EPS CAGR: -17.90% | SUE: 0.49 | # QB: 0
Revenue Correlation: 92.44 | Revenue CAGR: 10.45% | SUE: 1.35 | # QB: 7
EPS current Quarter (2026-06-30): EPS=14.17 | Chg30d=-6.78% | Revisions=-47% | Analysts=15
EPS next Quarter (2026-09-30): EPS=8.40 | Chg30d=-5.12% | Revisions=-23% | Analysts=15
EPS current Year (2026-12-31): EPS=51.80 | Chg30d=-1.33% | Revisions=-20% | GrowthEPS=+16.3% | GrowthRev=-13.2%
EPS next Year (2027-12-31): EPS=60.60 | Chg30d=-0.69% | Revisions=-38% | GrowthEPS=+17.0% | GrowthRev=-0.9%
[Analyst] Revisions Ratio: -47%