Essent Financial Statements From 2010 to 2022

ESNT
 Stock
  

USD 36.04  1.17  3.36%   

Essent financial statements provide useful quarterly and yearly information to potential Essent Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Essent financial statements helps investors assess Essent's valuation, profitability, and current liquidity needs.
Essent Group does not presently have any fundamental signals for analysis.
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Check Essent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essent main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Essent financial statements analysis is a perfect complement when working with Essent Valuation or Volatility modules. It can also supplement Essent's financial leverage analysis and stock options assessment as well as various Essent Technical models . Continue to the analysis of Essent Correlation against competitors.

Essent Price to Earnings To Growth Analysis

Essent's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
PEG Ratio 
 = 
PE Ratio 
EPS Growth 
More About Price to Earnings To Growth | All Equity Analysis

Current Essent Price to Earnings To Growth

    
  0.55 X  
Most of Essent's fundamental indicators, such as Price to Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Essent Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Compare to competition

Based on the latest financial disclosure, the price to earnings to growth indicator of Essent Group is roughly 0.55 times. This is 118.46% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Specialty industry. The price to earnings to growth for all United States stocks is 88.75% higher than that of the company.

Essent Group Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Essent's current stock value. Our valuation model uses many indicators to compare Essent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Essent competition to find correlations between indicators driving Essent's intrinsic value. More Info.
Essent Group is one of the top stocks in current asset category among related companies. It is one of the top stocks in return on asset category among related companies . The ratio of Current Asset to Return On Asset for Essent Group is about  33,404,430 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Essent by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Essent's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Essent's earnings, one of the primary drivers of an investment's value.

About Essent Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Essent income statement, its balance sheet, and the statement of cash flows. Essent investors use historical funamental indicators, such as Essent's revenue or net income, to determine how well the company is positioned to perform in the future. Although Essent investors may use each financial statement separately, they are all related. The changes in Essent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Essent's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Essent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Essent. Please read more on our technical analysis and fundamental analysis pages.
Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company was founded in 2008 and is based in Hamilton, Bermuda. Essent operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 349 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Essent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Essent's short interest history, or implied volatility extrapolated from Essent options trading.

Pair Trading with Essent

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Essent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Essent will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Essent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Essent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Essent Group to buy it.
The correlation of Essent is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Essent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essent Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Essent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Essent Correlation against competitors. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Essent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essent. If investors know Essent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Essent Group is measured differently than its book value, which is the value of Essent that is recorded on the company's balance sheet. Investors also form their own opinion of Essent's value that differs from its market value or its book value, called intrinsic value, which is Essent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essent's market value can be influenced by many factors that don't directly affect Essent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essent's value and its price as these two are different measures arrived at by different means. Investors typically determine Essent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.