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GuruFocus Financial Strength Rank measures how strong a company’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 : 8/10

vs
industry
vs
history
Cash to Debt No Debt
ESNT's Cash to Debt is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: No Debt )
ESNT' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt

Equity to Asset 0.82
ESNT's Equity to Asset is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 0.82 )
ESNT' s 10-Year Equity to Asset Range
Min: 0.77   Max: 0.85
Current: 0.82

0.77
0.85
Interest Coverage No Debt
ESNT's Interest Coverage is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: No Debt )
ESNT' s 10-Year Interest Coverage Range
Min: 9999.99   Max: 9999.99
Current: No Debt

Z-Score: 6.64
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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 : 3/10

vs
industry
vs
history
Operating margin (%) 44.16
ESNT's Operating margin (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 44.16 )
ESNT' s 10-Year Operating margin (%) Range
Min: -438.54   Max: 44.16
Current: 44.16

-438.54
44.16
Net-margin (%) 49.78
ESNT's Net-margin (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 49.78 )
ESNT' s 10-Year Net-margin (%) Range
Min: -437.68   Max: 49.78
Current: 49.78

-437.68
49.78
ROE (%) 9.06
ESNT's ROE (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 9.06 )
ESNT' s 10-Year ROE (%) Range
Min: -19.06   Max: 9.06
Current: 9.06

-19.06
9.06
ROA (%) 7.66
ESNT's ROA (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 7.66 )
ESNT' s 10-Year ROA (%) Range
Min: -15.97   Max: 7.66
Current: 7.66

-15.97
7.66
ROC (Joel Greenblatt) (%) 1315.51
ESNT's ROC (Joel Greenblatt) (%) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 1315.51 )
ESNT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -382.68   Max: 1315.51
Current: 1315.51

-382.68
1315.51
» ESNT's 10-Y Financials

Financials


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

» Details

Guru Trades

ESNT Guru Trades in

Q4 2013

ESNT Guru Trades in Q4 2013

Ron Baron 2,893,580 sh (New)
Steven Cohen 679,748 sh (New)
George Soros 7,548,618 sh (New)
Lee Ainslie 300,000 sh (New)
Caxton Associates 40,000 sh (New)
» More
Q1 2014

ESNT Guru Trades in Q1 2014

Ron Baron 2,906,165 sh (+0.43%)
George Soros 7,548,618 sh (unchged)
Caxton Associates 40,000 sh (unchged)
Lee Ainslie Sold Out
Steven Cohen Sold Out
» More
Q2 2014

ESNT Guru Trades in Q2 2014

RS Investment Management 1,615,300 sh (New)
George Soros 7,548,618 sh (unchged)
Caxton Associates Sold Out
Ron Baron 2,846,342 sh (-2.06%)
» More
» Details

Insider Trades

Latest Guru Trades with ESNT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Lee Ainslie 2014-03-31 Sold Out 0.09%$22.18 - $25.87 $ 21.02-12%0
George Soros 2013-12-31 New Buy1.5%$20.48 - $23.65 $ 21.02-4%7548618
Ron Baron 2013-12-31 New Buy0.29%$20.48 - $23.65 $ 21.02-4%2893580
Lee Ainslie 2013-12-31 New Buy0.09%$20.48 - $23.65 $ 21.02-4%300000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

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Guru Investment Theses on Essent Group Ltd

Baron Funds Comments on Essent Group Ltd. - Feb 24, 2014

During the recent housing market downturn, many mortgage insurers sustained heavy losses and some went out of business. Essent Group Ltd. (ESNT) is a mortgage insurance company that was formed in 2008 to take advantage of this market dislocation. Unlike many of its competitors, the company has a clean balance sheet with no legacy liabilities. It generates income by covering a portion of the default risk on residential mortgages.

In the next few years, we believe Essent Group is poised to benefit from three important growth opportunities. First, the cyclical recovery in housing and the expected increase of home purchases should benefit the company. Second, the company should also benefit from the secular shift from public mortgage insurance to private mortgage insurance (i.e. the U.S. government wants private capital to assume a greater role in the mortgage finance industry rather than the Federal Housing Administration or FHA). Lastly, Essent is well positioned to increase market share versus many of its competitors who are burdened by lingering legacy issues and are not as well capitalized. We are optimistic about the company's prospects and believe the company can significantly grow earnings in the next few years.



From Ron Baron (Trades, Portfolio)'s Baron Funds' fourth quarter 2013 commentary.

Check out Ron Baron latest stock trades

Top Ranked Articles about Essent Group Ltd

Baron Funds Comments on Essent Group Ltd.
During the recent housing market downturn, many mortgage insurers sustained heavy losses and some went out of business. Essent Group Ltd. (ESNT) is a mortgage insurance company that was formed in 2008 to take advantage of this market dislocation. Unlike many of its competitors, the company has a clean balance sheet with no legacy liabilities. It generates income by covering a portion of the default risk on residential mortgages. Read more...
George Soros' 5 Largest Buys Amid Bet Against the S&P 500
Legendary investor George Soros (Trades, Portfolio)’ Soros Fund Management LLC selected 77 new stocks for their $11.8 billion portfolio, which calculates to 30% quarter-over-quarter turnover in the total count of 237 long positions. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 349.30
ESNT's P/E(ttm) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 349.30 )
ESNT' s 10-Year P/E(ttm) Range
Min: 293.67   Max: 394.33
Current: 349.3

293.67
394.33
P/B 2.40
ESNT's P/B is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 2.40 )
ESNT' s 10-Year P/B Range
Min: 2.06   Max: 3.01
Current: 2.4

2.06
3.01
P/S 7.20
ESNT's P/S is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 7.20 )
ESNT' s 10-Year P/S Range
Min: 7   Max: 20.74
Current: 7.2

7
20.74
PFCF 17.70
ESNT's PFCF is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 17.70 )
ESNT' s 10-Year PFCF Range
Min: 15.06   Max: 24.61
Current: 17.7

15.06
24.61
EV-to-EBIT 23.09
ESNT's EV-to-EBIT is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 23.09 )
ESNT' s 10-Year EV-to-EBIT Range
Min: 12.2   Max: 26.9
Current: 23.09

12.2
26.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.40
ESNT's Price/Tangible Book is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 2.40 )
ESNT' s 10-Year Price/Tangible Book Range
Min: 2.62   Max: 2.88
Current: 2.4

2.62
2.88
Price/Median PS Value 1.00
ESNT's Price/Median PS Value is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 1.00 )
ESNT' s 10-Year Price/Median PS Value Range
Min: 1.07   Max: 1.68
Current: 1

1.07
1.68
Price/Graham Number 1.60
ESNT's Price/Graham Number is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 1.60 )
ESNT' s 10-Year Price/Graham Number Range
Min: 1.76   Max: 2.02
Current: 1.6

1.76
2.02
Earnings Yield (Greenblatt) 4.10
ESNT's Earnings Yield (Greenblatt) is ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. ESNT: 4.10 )
ESNT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 8.2
Current: 4.1

3.7
8.2

Business Description

Industry: »
Compare: » details
Traded in other countries:EG0.Germany
» More Articles for NYSE:ESNT

Headlines

Articles On GuruFocus.com
Kyle Bass Thinks that a Nonbank Mortgage Servicer Is More Effective than Banks Mar 17 2014 
Baron Funds Comments on Essent Group Ltd. Feb 24 2014 
Bearish George Soros' 5 New Large Positions of Quarter Four Feb 20 2014 


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Beauty of New Mortgage Rules In Eye of Beholder Jul 11 2014
Essent Group Ltd. Comments on Impact of Proposed Private Mortgage Insurer Eligibility Requirements Jul 10 2014
ESSENT GROUP LTD. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jul 10 2014
Essent Group comments on proposed PMI eligibility requirements Jul 10 2014
Essent Group Ltd. Comments on Impact of Proposed Private Mortgage Insurer Eligibility Requirements Jul 10 2014
Wall Street Transcript Interview with Thomas Peterffy, the Chairman and CEO of Interactive Brokers... Jul 07 2014
ESSENT GROUP LTD. Financials May 23 2014
ESSENT GROUP LTD. Files SEC form 10-Q, Quarterly Report May 15 2014

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