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Also traded in: Germany

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 : 6/10

vs
industry
vs
history
Cash to Debt 0.19
TPRE's Cash to Debt is ranked lower than
93% of the 70 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 4.82 vs. TPRE: 0.19 )
Ranked among companies with meaningful Cash to Debt only.
TPRE' s Cash to Debt Range Over the Past 10 Years
Min: 0.06  Med: N/A Max: No Debt
Current: 0.19
Equity to Asset 0.35
TPRE's Equity to Asset is ranked higher than
56% of the 70 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.33 vs. TPRE: 0.35 )
Ranked among companies with meaningful Equity to Asset only.
TPRE' s Equity to Asset Range Over the Past 10 Years
Min: 0.33  Med: 0.53 Max: 0.66
Current: 0.35
0.33
0.66
Interest Coverage 15.46
TPRE's Interest Coverage is ranked lower than
65% of the 79 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 33.02 vs. TPRE: 15.46 )
Ranked among companies with meaningful Interest Coverage only.
TPRE' s Interest Coverage Range Over the Past 10 Years
Min: 3.98  Med: No Debt Max: No Debt
Current: 15.46
F-Score: 4
WACC vs ROIC
10.81%
7.94%
WACC
ROIC
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 : 5/10

vs
industry
vs
history
Operating margin (%) 17.48
TPRE's Operating margin (%) is ranked higher than
65% of the 69 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 10.86 vs. TPRE: 17.48 )
Ranked among companies with meaningful Operating margin (%) only.
TPRE' s Operating margin (%) Range Over the Past 10 Years
Min: -15.72  Med: 27.44 Max: 49.19
Current: 17.48
-15.72
49.19
Net-margin (%) 15.99
TPRE's Net-margin (%) is ranked higher than
67% of the 70 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 10.01 vs. TPRE: 15.99 )
Ranked among companies with meaningful Net-margin (%) only.
TPRE' s Net-margin (%) Range Over the Past 10 Years
Min: -15.2  Med: 26.06 Max: 47.97
Current: 15.99
-15.2
47.97
ROE (%) 8.43
TPRE's ROE (%) is ranked lower than
64% of the 70 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 9.98 vs. TPRE: 8.43 )
Ranked among companies with meaningful ROE (%) only.
TPRE' s ROE (%) Range Over the Past 10 Years
Min: -6.17  Med: 3.54 Max: 20.11
Current: 8.43
-6.17
20.11
ROA (%) 3.00
TPRE's ROA (%) is ranked higher than
51% of the 71 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 3.00 vs. TPRE: 3.00 )
Ranked among companies with meaningful ROA (%) only.
TPRE' s ROA (%) Range Over the Past 10 Years
Min: -2.73  Med: 2.01 Max: 12.76
Current: 3
-2.73
12.76
» TPRE's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2015

TPRE Guru Trades in Q4 2015

Jeremy Grantham 95,900 sh (+129.98%)
Ruane Cunniff 3,029,800 sh (unchged)
Murray Stahl 44,892 sh (-13.49%)
Jim Simons 255,300 sh (-56.25%)
» More
Q1 2016

TPRE Guru Trades in Q1 2016

Jeremy Grantham 141,700 sh (+47.76%)
Ruane Cunniff 3,029,800 sh (unchged)
Murray Stahl 44,255 sh (-1.42%)
Jim Simons 143,400 sh (-43.83%)
» More
Q2 2016

TPRE Guru Trades in Q2 2016

Jim Simons Sold Out
Ruane Cunniff 3,029,190 sh (-0.02%)
Jeremy Grantham 134,243 sh (-5.26%)
Murray Stahl 38,479 sh (-13.05%)
» More
Q3 2016

TPRE Guru Trades in Q3 2016

Jim Simons 324,500 sh (New)
Ruane Cunniff 3,029,190 sh (unchged)
Murray Stahl 33,815 sh (-12.12%)
Jeremy Grantham 10,900 sh (-91.88%)
» More
» Details

Insider Trades

Latest Guru Trades with TPRE

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

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Business Description

Industry: Insurance - Specialty » Insurance - Reinsurance
Compare:NAS:MHLD, NAS:WMIH, NYSE:BCRH, NAS:OXBR, NYSE:AHL, NYSE:VR, NYSE:RNR, OTCPK:SCRYY, NYSE:RGA, NYSE:RE, NAS:ACGL, OTCPK:HVRRY, OTCPK:MURGY, OTCPK:SSREY » details
Traded in other countries:3XP.Germany,
Third Point Reinsurance Ltd is a holding company. The Company through its reinsurance subsidiaries provides property and casualty reinsurance coverage to insurance and reinsurance companies.

Third Point Reinsurance Ltd was incorporated on 06 October 2011. The Company, through its class 4 reinsurance company, Third Point Reinsurance Company Ltd., is a Bermuda-based specialty property and casualty reinsurer.

Ratios

vs
industry
vs
history
P/E(ttm) 10.41
TPRE's P/E(ttm) is ranked higher than
58% of the 74 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.62 vs. TPRE: 10.41 )
Ranked among companies with meaningful P/E(ttm) only.
TPRE' s P/E(ttm) Range Over the Past 10 Years
Min: 4.25  Med: 10.65 Max: 37.39
Current: 10.41
4.25
37.39
Forward P/E 6.36
TPRE's Forward P/E is ranked higher than
97% of the 34 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 9.91 vs. TPRE: 6.36 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 10.41
TPRE's PE(NRI) is ranked higher than
59% of the 69 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.60 vs. TPRE: 10.41 )
Ranked among companies with meaningful PE(NRI) only.
TPRE' s PE(NRI) Range Over the Past 10 Years
Min: 4.25  Med: 10.65 Max: 37.39
Current: 10.41
4.25
37.39
P/B 0.84
TPRE's P/B is ranked higher than
71% of the 77 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.02 vs. TPRE: 0.84 )
Ranked among companies with meaningful P/B only.
TPRE' s P/B Range Over the Past 10 Years
Min: 0.83  Med: 1.03 Max: 1.38
Current: 0.84
0.83
1.38
P/S 1.67
TPRE's P/S is ranked lower than
56% of the 79 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.32 vs. TPRE: 1.67 )
Ranked among companies with meaningful P/S only.
TPRE' s P/S Range Over the Past 10 Years
Min: 1.65  Med: 2.6 Max: 3.31
Current: 1.67
1.65
3.31
POCF 578.16
TPRE's POCF is ranked lower than
100% of the 57 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 8.36 vs. TPRE: 578.16 )
Ranked among companies with meaningful POCF only.
TPRE' s POCF Range Over the Past 10 Years
Min: 5.29  Med: 14.39 Max: 638
Current: 578.16
5.29
638
EV-to-EBIT 9.88
TPRE's EV-to-EBIT is ranked lower than
68% of the 66 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 7.17 vs. TPRE: 9.88 )
Ranked among companies with meaningful EV-to-EBIT only.
TPRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -18.8  Med: 8.1 Max: 29.3
Current: 9.88
-18.8
29.3
EV-to-EBITDA 9.88
TPRE's EV-to-EBITDA is ranked lower than
76% of the 67 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 6.81 vs. TPRE: 9.88 )
Ranked among companies with meaningful EV-to-EBITDA only.
TPRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -18.8  Med: 8.1 Max: 29.3
Current: 9.88
-18.8
29.3

Buy Back

vs
industry
vs
history

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.84
TPRE's Price/Tangible Book is ranked higher than
71% of the 69 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.19 vs. TPRE: 0.84 )
Ranked among companies with meaningful Price/Tangible Book only.
TPRE' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.83  Med: 1.03 Max: 1.38
Current: 0.84
0.83
1.38
Price/Median PS Value 0.63
TPRE's Price/Median PS Value is ranked higher than
86% of the 63 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.02 vs. TPRE: 0.63 )
Ranked among companies with meaningful Price/Median PS Value only.
TPRE' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.63  Med: 0.99 Max: 1.27
Current: 0.63
0.63
1.27
Price/Graham Number 0.62
TPRE's Price/Graham Number is ranked higher than
67% of the 58 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.78 vs. TPRE: 0.62 )
Ranked among companies with meaningful Price/Graham Number only.
TPRE' s Price/Graham Number Range Over the Past 10 Years
Min: 0.49  Med: 0.67 Max: 1.28
Current: 0.62
0.49
1.28
Earnings Yield (Greenblatt) (%) 10.14
TPRE's Earnings Yield (Greenblatt) (%) is ranked lower than
58% of the 83 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.10 vs. TPRE: 10.14 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
TPRE' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 3.4  Med: 9.9 Max: 17.6
Current: 10.14
3.4
17.6

More Statistics

Revenue (TTM) (Mil) $728.6
EPS (TTM) $ 1.11
Beta1.12
Short Percentage of Float3.37%
52-Week Range $10.08 - 14.42
Shares Outstanding (Mil)106.38

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $)
EPS ($) 0.58 1.84 2.00
EPS w/o NRI ($) 0.58 1.84 2.00
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for NYSE:TPRE

Headlines

Articles On GuruFocus.com
Dan Loeb's Third Point Re a Good Bet in Declining Markets Feb 11 2016 
Dan Loeb's Third Point Re a Tremendous Value Jan 26 2016 
David Einhorn and Dan Loeb Love This Company Nov 09 2015 
Invest In These Hedge Funds At A Discount Oct 14 2014 
Which Is The Better Buy?: Einhorn's Greenlight Re or Loeb's Third Point Re Aug 08 2014 
Gain Access to Daniel Loeb’s Hedge Fund Through Third Point Re Jun 05 2014 

More From Other Websites
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ETF’s with exposure to Third Point Reinsurance Ltd. : November 11, 2016 Nov 11 2016
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THIRD POINT REINSURANCE LTD. Files SEC form 10-Q, Quarterly Report Nov 04 2016
Edited Transcript of TPRE earnings conference call or presentation 4-Nov-16 12:30pm GMT Nov 04 2016
Third Point Reinsurance posts 3Q profit Nov 03 2016
Third Point Reinsurance posts 3Q profit Nov 03 2016
Third Point Re Reports Third Quarter 2016 Earnings Results Nov 03 2016
Third Point Re Reports Third Quarter 2016 Earnings Results Nov 03 2016
THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Results of Operations and Financial Condition,... Nov 03 2016
Q3 2016 Third Point Reinsurance Ltd Earnings Release - After Market Close Nov 03 2016
Daniel Loeb Gives Third Point 3rd Quarter Shareholder Letter Nov 02 2016
P&C Insurers Q3 Earnings to Watch on Nov 3: AFSI, THG & More Nov 02 2016
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Third Point Reinsurance Ltd. Announces Date for Third Quarter 2016 Earnings Release Oct 20 2016

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