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90.01 (1y: +24%)
Market Cap 30.97 B P/E(ttm) 11.50
Enterprise Value 36.68 B P/B 1.10
ACE- NYSE (USA)
ACE Ltd
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$90.01
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.129
ACE's Cash to Debt is ranked lower than
86% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.55 vs. ACE: 0.129 )
ACE' s 10-Year Cash to Debt Range
Min: 0.13   Max: 1.27
Current: 0.13
0.13
1.27
Equity to Asset 0.244
ACE's Equity to Asset is ranked higher than
51% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.23 vs. ACE: 0.244 )
ACE' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.36
Current: 0.24
0.05
0.36
Interest Coverage 11.9
ACE's Interest Coverage is ranked lower than
91% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 10000.00 vs. ACE: 11.9 )
ACE' s 10-Year Interest Coverage Range
Min: 1   Max: 24
Current: 11.9
1
24
F-Score: 4
Z-Score: 0.56
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 16.60
ACE's Operating margin (%) is ranked higher than
69% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.40 vs. ACE: 16.60 )
ACE' s 10-Year Operating margin (%) Range
Min: 2.2   Max: 43
Current: 16.6
2.2
43
Net-margin (%) 15.1
ACE's Net-margin (%) is ranked higher than
75% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.30 vs. ACE: 15.1 )
ACE' s 10-Year Net-margin (%) Range
Min: -2.2   Max: 39.8
Current: 15.1
-2.2
39.8
ROE (%) 9.8
ACE's ROE (%) is ranked higher than
60% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.00 vs. ACE: 9.8 )
ACE' s 10-Year ROE (%) Range
Min: -2.4   Max: 16.1
Current: 9.8
-2.4
16.1
ROA (%) 2.9
ACE's ROA (%) is ranked higher than
65% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.00 vs. ACE: 2.9 )
ACE' s 10-Year ROA (%) Range
Min: -0.4   Max: 6.4
Current: 2.9
-0.4
6.4
ROC (Joel Greenblatt) (%) 378.60
ACE's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 111.20 vs. ACE: 378.60 )
ACE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 104.9   Max: 23069.2
Current: 378.6
104.9
23069.2
Revenue Growth (%) 4
ACE's Revenue Growth (%) is ranked higher than
55% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 5.90 vs. ACE: 4 )
ACE' s 10-Year Revenue Growth (%) Range
Min: -0.7   Max: 45.8
Current: 4
-0.7
45.8
EBITDA Growth (%) -1.2
ACE's EBITDA Growth (%) is ranked higher than
82% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: -7.75 vs. ACE: -1.2 )
ACE' s 10-Year EBITDA Growth (%) Range
Min: -41.1   Max: 95.8
Current: -1.2
-41.1
95.8
EPS Growth (%) 1.1
ACE's EPS Growth (%) is ranked higher than
75% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: -1.20 vs. ACE: 1.1 )
ACE' s 10-Year EPS Growth (%) Range
Min: -43.4   Max: 104.3
Current: 1.1
-43.4
104.3
» ACE's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ACE Guru Trades in Q2 2012

Ray Dalio 54,785 sh (New)
Andreas Halvorsen 2,880,635 sh (+173.48%)
Jeremy Grantham 225,066 sh (+41.94%)
Diamond Hill Capital 12,362 sh (+8.14%)
Steven Cohen 876,200 sh (+5.97%)
John Keeley 26,905 sh (+5.9%)
Richard Pzena Sold Out
Chris Davis 4,688,827 sh (-0.12%)
Pioneer Investments 746,714 sh (-1.48%)
Arnold Schneider 256,486 sh (-4.59%)
Scott Black 23,095 sh (-16%)
John Hussman 250,000 sh (-16.67%)
Jim Simons 553,200 sh (-36.54%)
Leon Cooperman 443,593 sh (-36.93%)
» More
Q3 2012

ACE Guru Trades in Q3 2012

Louis Moore Bacon 25,000 sh (New)
Pioneer Investments 1,450,730 sh (+94.28%)
Andreas Halvorsen 5,003,135 sh (+73.68%)
Jim Simons 672,300 sh (+21.53%)
Diamond Hill Capital 12,662 sh (+2.43%)
John Keeley 26,955 sh (+0.19%)
John Hussman Sold Out
Chris Davis 4,670,422 sh (-0.39%)
Scott Black 22,325 sh (-3.33%)
Arnold Schneider 236,801 sh (-7.67%)
Steven Cohen 616,222 sh (-29.67%)
Leon Cooperman 264,893 sh (-40.28%)
Jeremy Grantham 68,100 sh (-69.74%)
Ray Dalio 12,085 sh (-77.94%)
» More
Q4 2012

ACE Guru Trades in Q4 2012

Louis Moore Bacon 75,000 sh (+200%)
Andreas Halvorsen 5,502,835 sh (+9.99%)
Arnold Schneider 258,529 sh (+9.18%)
John Keeley 26,985 sh (+0.11%)
Jeremy Grantham 82,400 sh (unchged)
Jim Simons Sold Out
Leon Cooperman Sold Out
Ray Dalio Sold Out
Pioneer Investments 1,404,084 sh (-3.22%)
Chris Davis 4,417,316 sh (-5.42%)
Diamond Hill Capital 11,959 sh (-5.55%)
Scott Black 19,590 sh (-12.25%)
Steven Cohen 8,239 sh (-98.66%)
» More
Q1 2013

ACE Guru Trades in Q1 2013

Steven Cohen 128,077 sh (+1454.52%)
Jeremy Grantham 87,700 sh (+6.43%)
John Keeley 26,085 sh (-3.34%)
Chris Davis 4,128,556 sh (-6.54%)
Arnold Schneider 239,199 sh (-7.48%)
Pioneer Investments 1,294,424 sh (-7.81%)
Louis Moore Bacon 50,000 sh (-33.33%)
Andreas Halvorsen 2,222,600 sh (-59.61%)
Diamond Hill Capital 2,651 sh (-77.83%)
» More
» Details

Insider Trades

Latest Guru Trades with ACE

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Leon Cooperman 2012-12-31 Sold Out 0.4%$76.1 - $81.7 $ 90.0114%0
Ray Dalio 2012-12-31 Sold Out 0.01%$76.1 - $81.7 $ 90.0114%0
John Hussman 2012-09-30 Sold Out 0.35%$69.18 - $77.04 $ 90.0122%0
Leon Cooperman 2012-09-30 Reduce -40.28%0.3%$69.18 - $77.04 $ 90.0122%264893
Ray Dalio 2012-09-30 Reduce -77.94%0.05%$69.18 - $77.04 $ 90.0122%12085
Leon Cooperman 2012-06-30 Reduce -36.93%0.37%$70.03 - $77.34 $ 90.0123%443593
Ray Dalio 2012-06-30 New Buy0.06%$70.03 - $77.34 $ 90.0123%54785
John Hussman 2012-03-31 Reduce -33.33%0.17%$68.98 - $74.21 $ 90.0135%300000
John Keeley 2012-03-31 Add 110.05%0.02%$68.98 - $74.21 $ 90.0135%25405
John Hussman 2011-12-31 Reduce -55%0.53%$59.11 - $73.33 $ 90.0133%450000
John Keeley 2011-12-31 Reduce -55.49%0.02%$59.11 - $73.33 $ 90.0133%12095
Ray Dalio 2011-12-31 Sold Out 0.02%$59.11 - $73.33 $ 90.0133%0
Leon Cooperman 2011-09-30 Reduce -21.38%0.28%$58.98 - $68.38 $ 90.0142%681293
John Hussman 2011-09-30 Add 31.58%0.23%$58.98 - $68.38 $ 90.0142%1000000
Ray Dalio 2011-09-30 New Buy0.02%$58.98 - $68.38 $ 90.0142%21798
Leon Cooperman 2011-06-30 Add 17.39%0.19%$63.95 - $69.35 $ 90.0135%866593
George Soros 2011-06-30 Sold Out $63.95 - $69.35 $ 90.0135%0
John Hussman 2011-03-31 New Buy0.81%$60.15 - $65.74 $ 90.0145%750000
George Soros 2011-03-31 Add 500%0.02%$60.15 - $65.74 $ 90.0145%24000
George Soros 2010-12-31 Reduce -42.86%$58.1 - $62.37 $ 90.0149%4000
George Soros 2010-09-30 Reduce -44%0.01%$50.83 - $58.8 $ 90.0165%7000
Julian Robertson 2010-06-30 Sold Out 1.1%$48.43 - $53.89 $ 90.0174%0
George Soros 2010-03-31 Reduce -99.16%0.01%$47.5 - $52.88 $ 90.0180%12500
Premium More recent guru trades are included for Premium Members only!!

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Ratios

vs
industry		 vs
history
P/E(ttm) 11.50
ACE's P/E(ttm) is ranked higher than
58% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 10.70 vs. ACE: 11.50 )
ACE' s 10-Year P/E(ttm) Range
Min: 5.71   Max: 229.79
Current: 11.5
5.71
229.79
P/B 1.10
ACE's P/B is ranked lower than
52% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.09 vs. ACE: 1.10 )
ACE' s 10-Year P/B Range
Min: 0.19   Max: 3.86
Current: 1.1
0.19
3.86
P/S 1.71
ACE's P/S is ranked lower than
79% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.96 vs. ACE: 1.71 )
ACE' s 10-Year P/S Range
Min: 0.38   Max: 1.95
Current: 1.71
0.38
1.95
PFCF 9.00
ACE's PFCF is ranked higher than
56% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.10 vs. ACE: 9.00 )
ACE' s 10-Year PFCF Range
Min: 0.73   Max: 474.5
Current: 9
0.73
474.5
EV-to-EBIT 13.3
ACE's EV-to-EBIT is ranked higher than
75% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 13.15 vs. ACE: 13.3 )
ACE' s 10-Year EV-to-EBIT Range
Min: 1.7   Max: 558.9
Current: 13.3
1.7
558.9
PEG 1.4
ACE's PEG is ranked lower than
78% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.85 vs. ACE: 1.4 )
ACE' s 10-Year PEG Range
Min: 0.14   Max: 559
Current: 1.4
0.14
559
Shiller P/E 12.4
ACE's Shiller P/E is ranked higher than
52% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.50 vs. ACE: 12.4 )
ACE' s 10-Year Shiller P/E Range
Min: 5.93   Max: 23.07
Current: 12.4
5.93
23.07

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.18
ACE's Dividend Yield is ranked higher than
68% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.08 vs. ACE: 2.18 )
ACE' s 10-Year Dividend Yield Range
Min: 0.54   Max: 3.05
Current: 2.18
0.54
3.05
Dividend Payout 0.2505
ACE's Dividend Payout is ranked higher than
57% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.32 vs. ACE: 0.2505 )
ACE' s 10-Year Dividend Payout Range
Min: 0.11   Max: 3.47
Current: 0.25
0.11
3.47
Yield on cost (5-Year) 2.20
ACE's Yield on cost (5-Year) is ranked higher than
58% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.70 vs. ACE: 2.20 )
ACE' s 10-Year Yield on cost (5-Year) Range
Min: 0.54   Max: 3.05
Current: 2.2
0.54
3.05
Share Buyback Rate -0.4
ACE's Share Buyback Rate is ranked lower than
52% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.20 vs. ACE: -0.4 )
ACE' s 10-Year Share Buyback Rate Range
Min: 6.3   Max: -19.5
Current: -0.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.4
ACE's Price/Net Current Asset Value is ranked higher than
77% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 4.05 vs. ACE: 10.4 )
ACE' s 10-Year Price/Net Current Asset Value Range
Min: 0.8   Max: 9.4
Current: 10.4
0.8
9.4
Price/Tangible Book 1.4
ACE's Price/Tangible Book is ranked higher than
78% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.00 vs. ACE: 1.4 )
ACE' s 10-Year Price/Tangible Book Range
Min: 1.1   Max: 3.9
Current: 1.4
1.1
3.9
Price/DCF (Projected) 0.5
ACE's Price/DCF (Projected) is ranked higher than
69% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.50 vs. ACE: 0.5 )
ACE' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.5
Current: 0.5
0.3
0.5
Price/Median PS Value 1.4
ACE's Price/Median PS Value is ranked higher than
82% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.90 vs. ACE: 1.4 )
ACE' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.5
Current: 1.4
0.4
1.5
Price/Peter Lynch Fair Value 1.7
ACE's Price/Peter Lynch Fair Value is ranked higher than
93% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.80 vs. ACE: 1.7 )
ACE' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.3   Max: 1.8
Current: 1.7
0.3
1.8
Price/Graham Number 0.8
ACE's Price/Graham Number is ranked higher than
67% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.70 vs. ACE: 0.8 )
ACE' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 4.7
Current: 0.8
0.6
4.7
Earnings Yield (Greenblatt) 7.50
ACE's Earnings Yield (Greenblatt) is ranked higher than
80% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 7.55 vs. ACE: 7.50 )
ACE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 58.5
Current: 7.5
0.2
58.5
Forward Rate of Return (Yacktman) 16.45
ACE's Forward Rate of Return (Yacktman) is ranked higher than
77% of the 91 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 13.25 vs. ACE: 16.45 )
ACE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 5.2   Max: 86.1
Current: 16.45
5.2
86.1

Business Description

ACE Limited is a holding company which, until July 18, 2008, was incorporated with limited liability under the Cayman Islands Companies Law. On July 10, 2008, and July 14, 2008, during ACE's annual general meeting, the Company's shareholders approved the Continuation and ACE became a Swiss company effective July 18, 2008. The Company, through its various subsidiaries, provides a range of insurance and reinsurance products to insured's worldwide. ACE operates through the following business segments: Insurance - North American, Insurance - Overseas General, Global Reinsurance, and Life Insurance and Reinsurance. The Insurance - North American segment comprises its P&C operation in the U.S., Canada, and Bermuda. This segment, which accounted for approximately 43 percent of its 2008 consolidated net premiums earned, includes the operations of ACE USA, ACE Westchester, ACE Bermuda, ACE Private Risk Services, and various run-off operations: ACE USA provides an array of P&C, A&H, and risk management products and services to a diverse group of commercial and non-commercial enterprises and consumers. ACE Westchester specializes in the wholesale distribution of excess, surplus, and specialty P&C products. ACE Bermuda provides commercial insurance products on an excess basis to a global client base, covering exposures that are generally low in frequency and high in severity. ACE Private Risk Services provides personal lines for high net worth clients. ACE USA mainly distributes its insurance products through a limited number of brokers. In addition to using brokers, certain products are also distributed through channels such as general agents, independent agents, managing general agents, managing general underwriters, alliances, affinity groups, and direct marketing operations. ACE USA has also established Internet distribution channels for some of its products. The Insurance - Overseas General segment, which accounted for 39 percent of 2009 consolidated net premiums earned, writes a variety of insurance coverage including P&C, professional lines, marine, energy, aviation, political risk, specialty consumer-oriented products, and A&H. Insurance - Overseas General comprises ACE International, its network of indigenous retail insurance operations outside North America, and the wholesale insurance operations of ACE Global Markets, its London-based excess and surplus lines business that includes Lloyd's Syndicate 2488. ACE International maintains a presence in every major insurance market in the world and with operations in over 50 countries is organized geographically along product lines that provide dedicated underwriting focus to customers. ACE International provides D&O, and professional indemnity coverages. Marine cargo and hull coverages are written in the London market as well as in marine markets throughout the world. The A&H insurance operations provide products that are designed to meet the insurance needs of individuals and groups ou
Company Website
Industry: Insurance - Property & Casualty
Compare:RLI, TRV, MBI, QBIEY, TKOMY
Traded in other countries:AEX.Germany

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