Head to Head Survey: Alterra Capital (ALTE) versus Its Competitors

Alterra Capital (NASDAQ: ALTE) is one of 85 publicly-traded companies in the “Property & Casualty Insurance” industry, but how does it contrast to its competitors? We will compare Alterra Capital to related businesses based on the strength of its earnings, profitability, institutional ownership, dividends, risk, valuation and analyst recommendations.

Valuation & Earnings

This table compares Alterra Capital and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Alterra Capital N/A N/A 19.73
Alterra Capital Competitors $11.51 billion $1.16 billion 239.82

Alterra Capital’s competitors have higher revenue and earnings than Alterra Capital. Alterra Capital is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

60.2% of shares of all “Property & Casualty Insurance” companies are owned by institutional investors. 15.7% of shares of all “Property & Casualty Insurance” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and target prices for Alterra Capital and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alterra Capital 0 0 0 0 N/A
Alterra Capital Competitors 643 2349 2237 49 2.32

As a group, “Property & Casualty Insurance” companies have a potential downside of 0.41%. Given Alterra Capital’s competitors higher possible upside, analysts clearly believe Alterra Capital has less favorable growth aspects than its competitors.

Profitability

This table compares Alterra Capital and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alterra Capital N/A N/A N/A
Alterra Capital Competitors 5.87% 1.52% 1.18%

Summary

Alterra Capital competitors beat Alterra Capital on 8 of the 8 factors compared.

About Alterra Capital

Alterra Capital Holdings Limited (Alterra) is engaged in providing diversified specialty insurance and reinsurance products to corporations, public entities and property and casualty insurers. In Bermuda, the Company conducts its insurance and reinsurance operations through Alterra Bermuda. In Europe, the Company conducts its non-Lloyd’s operations primarily from Dublin, Ireland through Alterra Europe. In the United States, the Company’s U.S. reinsurance operations are conducted through Alterra Re USA, a Connecticut-domiciled reinsurance company. The Company’s U.S. insurance operations are conducted through Alterra E&S. In Latin America, the Company provides reinsurance to clients through Alterra at Lloyd’s in Rio de Janeiro, Brazil, using Lloyd’s admitted status, through Alterra Europe. In June 2012, the Company formed New Point V Limited. On May 1, 2013, Alterra Capital was acquired by Markel Corporation.

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