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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 : 7/10

vs
industry
vs
history
Cash to Debt No Debt
TPRE's Cash to Debt is ranked higher than
93% of the 119 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 2.12 vs. TPRE: No Debt )
TPRE' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt

Equity to Asset 0.51
TPRE's Equity to Asset is ranked higher than
93% of the 121 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.24 vs. TPRE: 0.51 )
TPRE' s 10-Year Equity to Asset Range
Min: 0.51   Max: 0.64
Current: 0.51

0.51
0.64
Interest Coverage No Debt
TPRE's Interest Coverage is ranked higher than
92% of the 79 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 21.56 vs. TPRE: No Debt )
TPRE' s 10-Year Interest Coverage Range
Min: 9999.99   Max: 9999.99
Current: No Debt

Z-Score: 1.07
WACC vs ROIC
2.00%
4.02%
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 (%) 11.76
TPRE's Operating margin (%) is ranked higher than
82% of the 120 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 10.59 vs. TPRE: 11.76 )
TPRE' s 10-Year Operating margin (%) Range
Min: 11.76   Max: 48.68
Current: 11.76

11.76
48.68
Net-margin (%) 9.51
TPRE's Net-margin (%) is ranked higher than
79% of the 120 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 7.57 vs. TPRE: 9.51 )
TPRE' s 10-Year Net-margin (%) Range
Min: 9.51   Max: 47.48
Current: 9.51

9.51
47.48
ROE (%) 3.50
TPRE's ROE (%) is ranked higher than
60% of the 120 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 10.43 vs. TPRE: 3.50 )
TPRE' s 10-Year ROE (%) Range
Min: 3.54   Max: 22.89
Current: 3.5

3.54
22.89
ROA (%) 1.97
TPRE's ROA (%) is ranked higher than
69% of the 120 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 2.11 vs. TPRE: 1.97 )
TPRE' s 10-Year ROA (%) Range
Min: 2.01   Max: 14.18
Current: 1.97

2.01
14.18
» TPRE's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

TPRE Guru Trades in Q3 2013

Paul Tudor Jones 11,604 sh (New)
Steven Cohen 166,461 sh (New)
» More
Q4 2013

TPRE Guru Trades in Q4 2013

Chuck Royce 4,000 sh (New)
Paul Tudor Jones Sold Out
Steven Cohen 10,117 sh (-93.92%)
» More
Q1 2014

TPRE Guru Trades in Q1 2014

Steven Cohen Sold Out
Chuck Royce Sold Out
» More
Q4 2014

TPRE Guru Trades in Q4 2014

Paul Tudor Jones 10,400 sh (New)
Ruane Cunniff 1,012,200 sh (New)
Jim Simons 23,946 sh (New)
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ruane Cunniff 2014-12-31 New Buy0.08%$13.77 - $15.35 $ 14.07-4%1012200
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Third Point Reinsurance Ltd

Invest In These Hedge Funds At A Discount
As of the close on 10/13/2014, Greenlight Reinsurance (GLRE), Third Point Reinsurance (TPRE), and Pershing Square Holdings (AEX:PSH) were selling at discounted prices compared to their book values. These three companies are led by 3 of the top investing gurus we follow, David Einhorn, Daniel Loeb, and Bill Ackman. Read more...
Which Is The Better Buy?: Einhorn's Greenlight Re or Loeb's Third Point Re
Within the past week both Greenlight Re (GLRE) and Third Point Re (TPRE) released their second quarter earnings for 2014. The reinsurance companies both have investing gurus we follow running the investment portfolios. David Einhorn handles the portfolio for Greenlight Re, and Daniel Loeb is in charge of Third Point Re’s portfolio. Einhorn and Loeb started their long/short hedge funds in the mid-1990s and have had annual gains of about 20 percent each since inception. Read more...
Gain Access to Daniel Loeb’s Hedge Fund Through Third Point Re
Through my research of Greenlight Re (GLRE), I discovered Third Point Reinsurance (TPRE). Third Point Re was listed as the most similar, publicly traded competitor to Greenlight Re. The company is a way to gain access to Daniel Loeb’s hedge fund without needing the typical $1 million to invest in such a fund. Loeb has been one of the best performing gurus that we follow at GuruFocus. Third Point’s funds have blown away the S&P 500 over the years. The Master Fund has provided an annual return of 20.4 percent since inception in 1995 compared to the S&P 500’s annual return of 9.7 percent. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 30.60
TPRE's P/E(ttm) is ranked higher than
86% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.60 vs. TPRE: 30.60 )
TPRE' s 10-Year P/E(ttm) Range
Min: 5.03   Max: 32.62
Current: 30.6

5.03
32.62
PE(NRI) 30.50
TPRE's PE(NRI) is ranked higher than
87% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.40 vs. TPRE: 30.50 )
TPRE' s 10-Year PE(NRI) Range
Min: 5.01   Max: 32.48
Current: 30.5

5.01
32.48
P/B 1.00
TPRE's P/B is ranked higher than
87% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.14 vs. TPRE: 1.00 )
TPRE' s 10-Year P/B Range
Min: 0.95   Max: 1.38
Current: 1

0.95
1.38
P/S 2.82
TPRE's P/S is ranked higher than
66% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.23 vs. TPRE: 2.82 )
TPRE' s 10-Year P/S Range
Min: 2.4   Max: 3.44
Current: 2.82

2.4
3.44
POCF 12.08
TPRE's POCF is ranked higher than
67% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 15.19 vs. TPRE: 12.08 )
TPRE' s 10-Year POCF Range
Min: 11.41   Max: 129.5
Current: 12.08

11.41
129.5
EV-to-EBIT 23.27
TPRE's EV-to-EBIT is ranked higher than
77% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 9.03 vs. TPRE: 23.27 )
TPRE' s 10-Year EV-to-EBIT Range
Min: 5.7   Max: 26.6
Current: 23.27

5.7
26.6
Days Sales Outstanding 41.89
TPRE's Days Sales Outstanding is ranked higher than
89% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.00 vs. TPRE: 41.89 )
TPRE' s 10-Year Days Sales Outstanding Range
Min: 41.89   Max: 209.8
Current: 41.89

41.89
209.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.00
TPRE's Price/Tangible Book is ranked higher than
89% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.34 vs. TPRE: 1.00 )
TPRE' s 10-Year Price/Tangible Book Range
Min: 1.03   Max: 1.38
Current: 1

1.03
1.38
Price/Median PS Value 0.92
TPRE's Price/Median PS Value is ranked higher than
89% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 1.18 vs. TPRE: 0.92 )
TPRE' s 10-Year Price/Median PS Value Range
Min: 0.95   Max: 1.14
Current: 0.92

0.95
1.14
Price/Graham Number 1.07
TPRE's Price/Graham Number is ranked higher than
89% of the 128 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.82 vs. TPRE: 1.07 )
TPRE' s 10-Year Price/Graham Number Range
Min: 0.71   Max: 1.11
Current: 1.07

0.71
1.11
Earnings Yield (Greenblatt) 4.30
TPRE's Earnings Yield (Greenblatt) is ranked higher than
75% of the 120 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 11.20 vs. TPRE: 4.30 )
TPRE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.8   Max: 17.6
Current: 4.3

3.8
17.6

Business Description

Industry: Insurance - Specialty » Insurance - Reinsurance
Compare: » details
Traded in other countries:3XP.Germany,
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.
» More Articles for TPRE

Headlines

Articles On GuruFocus.com
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
Third Point Reinsurance Ltd. Announces Appointment of Lead Independent Director Mar 04 2015
Third Point Reinsurance Ltd. Announces Appointment of Lead Independent Director Mar 04 2015
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THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... Mar 02 2015
THIRD POINT REINSURANCE LTD. Files SEC form 10-K, Annual Report Feb 27 2015
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Third Point Reinsurance posts 4Q loss Feb 27 2015
THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Results of Operations and Financial Condition,... Feb 26 2015
Third Point Re Reports Fourth Quarter 2014 Earnings Results Feb 26 2015
Third Point Re Reports Fourth Quarter 2014 Earnings Results Feb 26 2015
Q4 2014 Third Point Reinsurance Ltd Earnings Release - After Market Close Feb 26 2015
THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement,... Feb 13 2015
Third Point Reinsurance Ltd. to Present at the Bank of America Merrill Lynch 2015 Insurance... Feb 12 2015
Third Point Reinsurance Ltd. to Present at the Bank of America Merrill Lynch 2015 Insurance... Feb 11 2015
BP leads the way in strong high grade market Feb 10 2015
Third Point Reinsurance Ltd. Announces Pricing of Offering of Senior Notes by Third Point Re (USA)... Feb 10 2015
Third Point Reinsurance Ltd. Announces Date for Fourth Quarter and Full Year 2014 Earnings Release Feb 10 2015
THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement Feb 03 2015
Loeb Reinsurer Picks Short Hills, New Jersey, for U.S. Operation Jan 20 2015
Third Point Reinsurance Ltd. Announces Proposed Offering of Senior Notes by Third Point Re (USA)... Jan 20 2015

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