International General Price To Book vs. Return On Asset

IGIC Stock  USD 25.71  0.08  0.31%   
Taking into consideration International General's profitability measurements, International General's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess International General's ability to earn profits and add value for shareholders. The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.44, whereas Price To Sales Ratio is forecasted to decline to 1.11. At present, International General's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 95.4 M, whereas Accumulated Other Comprehensive Income is projected to grow to (19.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Net Profit Margin0.260.2504
Sufficiently Up
Pretty Stable
Operating Profit Margin0.270.2606
Sufficiently Up
Pretty Stable
Pretax Profit Margin0.280.2671
Sufficiently Up
Pretty Stable
Return On Assets0.0740.0779
Notably Down
Slightly volatile
Return On Equity0.210.2187
Sufficiently Down
Slightly volatile
For International General profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International General to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International General Insurance utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International General's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International General Insurance over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International General. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.157
Dividend Share
0.01
Earnings Share
3.12
Revenue Per Share
11.604
Quarterly Revenue Growth
0.363
The market value of International General is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International General's value that differs from its market value or its book value, called intrinsic value, which is International General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International General's market value can be influenced by many factors that don't directly affect International General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International General's value and its price as these two are different measures arrived at by different means. Investors typically determine if International General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

International General Return On Asset vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining International General's current stock value. Our valuation model uses many indicators to compare International General value to that of its competitors to determine the firm's financial worth.
International General Insurance is rated third overall in price to book category among its peers. It is rated second overall in return on asset category among its peers reporting about  0.02  of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for International General Insurance is roughly  47.68 . As of December 5, 2024, Return On Assets is expected to decline to 0.07. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the International General's earnings, one of the primary drivers of an investment's value.

International Return On Asset vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

International General

P/B

 = 

MV Per Share

BV Per Share

 = 
1.78 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

International General

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0374
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

International Return On Asset Comparison

International General is currently under evaluation in return on asset category among its peers.

International General Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in International General, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International General will eventually generate negative long term returns. The profitability progress is the general direction of International General's change in net profit over the period of time. It can combine multiple indicators of International General, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-20.6 M-19.6 M
Operating Income123 M129.2 M
Income Before Tax126 M132.4 M
Net Income Applicable To Common Shares90.8 M95.4 M
Net Income118.2 M124.1 M
Interest Income40.7 M42.8 M
Net Income From Continuing Ops103.9 M109.1 M
Total Other Income Expense NetM3.2 M
Income Tax Expense7.9 M8.2 M
Net Interest Income-338.4 K-355.3 K
Change To Netincome2.8 M2.9 M
Net Income Per Share 2.75  2.89 
Income Quality 1.66  1.30 
Net Income Per E B T 0.94  1.07 

International Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on International General. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of International General position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the International General's important profitability drivers and their relationship over time.

Use International General in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International General will appreciate offsetting losses from the drop in the long position's value.

International General Pair Trading

International General Insurance Pair Trading Analysis

The ability to find closely correlated positions to International General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International General Insurance to buy it.
The correlation of International General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International General moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your International General position

In addition to having International General in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether International General offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of International General Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International General Insurance Stock:
Check out Risk vs Return Analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project International General's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of International General at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include International General's income statement, its balance sheet, and the statement of cash flows.
Potential International General investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although International General investors may work on each financial statement separately, they are all related. The changes in International General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on International General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.