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PLATINUM UNDERWRITERS HOLDINGS LTD (PTP) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $31.47 Metrics
OS: 24.8 M 9 % ROE
Market cap: $782 M 2 % ROIC
Net cash: $1.18 B $47.69 per share
EV:

 
TTM Valuation
EBITDA $47.6 M -8.5 x EV/EBITDA
EBIT $37.3 M -10.8 x EV/EBIT
EPS $6.16 5.1 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
Revenues581.2650.8751.9797.5985.41,165.41,301.41,383.9
            Revenue growth-10.7%-13.4%-5.7%-19.1%-15.4%-10.4%-6.0%-9.1%
Cost of goods sold312.7306.6319.5961.5644.1683.11,000.8103.6
Gross profit268.5344.2432.4-164.0341.3482.3300.51,280.3
            Gross margin46.2%52.9%57.5%-20.6%34.6%41.4%23.1%92.5%
Selling, general and administrative83.382.780.563.282.694.788.20.0
EBIT37.386.463.3-481.5-114.9322.2212.3399.5
            EBIT margin6.4%13.3%8.4%-60.4%-11.7%27.6%16.3%28.9%
Pre-tax income182.0258.0352.2-227.2258.7387.6239.2380.8
Income taxes17.234.725.0-3.143.24.313.023.8
            Tax rate9.5%13.5%7.1%1.4%16.7%1.1%5.4%6.3%
Net income164.8223.3327.2-224.1215.5382.00.0346.6
            Net margin28.4%34.3%43.5%-28.1%21.9%32.8%0.0%25.0%
 
Diluted EPS$6.21$7.36$9.63($6.01)$4.78$7.30$0.00$5.38
Shares outstanding (diluted)26.530.334.037.345.152.354.264.4
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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