Oxbridge Re Holdings Limited (OXBR) vs RenaissanceRe Holdings Ltd. (RNR)

Oxbridge Re Holdings Limited and RenaissanceRe Holdings Ltd. are both Insurance Reinsurance companies. RenaissanceRe Holdings Ltd. is the larger, with a market value of $13.7B against $12.2M — 1124.5× the size. RenaissanceRe Holdings Ltd. trades at the lower P/E: 5.6× against 73.0×. Oxbridge Re Holdings Limited grew revenue faster over the last twelve months: 40.4% against −14.0%. RenaissanceRe Holdings Ltd. has the higher net margin (23.0% vs 4.71%) and the higher return on invested capital (21.5% vs 0.00%). Across the 21 metrics below, RenaissanceRe Holdings Ltd. leads on 16 and Oxbridge Re Holdings Limited on 5.

Valuation

Metric OXBR RNR Insurance Reinsurance median
P/E 73.00 5.57 7.83
P/S 4.25 1.21 0.90
P/B 1.75 1.22 1.17
Price to free cash flow 24.74 3.74 4.05
EV/EBITDA n/m 3.25 3.25
EV/Sales (2.47) 1.30 0.95
Earnings yield 1.37% 17.95% 11.46%
Free cash flow yield 4.04% 26.76% 19.30%

Profitability

Metric OXBR RNR Insurance Reinsurance median
Gross margin 91.81% 45.20% 40.53%
Operating margin 5.28% 40.74% 14.54%
Net margin 4.71% 22.95% 9.44%
Free cash flow margin 17.74% 32.38% 18.88%
Return on equity 2.17% 24.20% 12.10%
Return on assets 0.89% 4.65% 2.72%
Return on invested capital 0.00% 21.46% 15.70%

Growth

Metric OXBR RNR Insurance Reinsurance median
Revenue growth (TTM) 40.39% (13.98%) 17.45%
EPS growth (last fiscal year) 37.78% 59.13% —
Revenue growth, 5-year CAGR 16.25% 19.96% 14.51%
Net income growth, 5-year CAGR 0.00% 29.23% 25.23%

Health

Metric OXBR RNR Insurance Reinsurance median
Debt to equity 0.02 0.20 0.21
Current ratio 21.71 0.47 0.59
Net debt to EBITDA 9.53 0.15 (0.03)

Dividend

Metric OXBR RNR Insurance Reinsurance median
Dividend yield — 0.70% —
Payout ratio 0.00 0.19 0.00

Size

Metric OXBR RNR Insurance Reinsurance median
Market cap 12.21m 13.73b 3.15b

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