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Blue Capital Reinsurance Holdings Ltd (BCRH) Files 10-K for the Fiscal Year Ended on December ...

- By insider

Blue Capital Reinsurance Holdings Ltd (BCRH) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Blue Capital Reinsurance Holdings Ltd is a reinsurance holding company. The company through its subsidiaries provides collateralized reinsurance in the property catastrophe market and invests in insurance-linked securities. Blue Capital Reinsurance Holdings Ltd has a market cap of $62.598 million; its shares were traded at around $7.14 with and P/S ratio of 1.88. The dividend yield of Blue Capital Reinsurance Holdings Ltd stocks is 12.61%.


For the last quarter Blue Capital Reinsurance Holdings Ltd reported a revenue of $12.6 million, compared with the revenue of $10.10 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $35.4 million, a decrease of 28.3% from the previous year. For the last five years Blue Capital Reinsurance Holdings Ltd had an average revenue decline of 0% a year.

The reported loss per diluted share was $3.27 for the year, an increase of -33.8% from previous year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Blue Capital Reinsurance Holdings Ltd has the cash and cash equivalents of $2.20 million, compared with $6.00 million in the previous year. The long term debt was $4.00 million. The interest coverage to the debt is 2.5, which is not a favorable level. Blue Capital Reinsurance Holdings Ltd has a financial strength rank of 5 (out of 10).

At the current stock price of $7.14, Blue Capital Reinsurance Holdings Ltd is traded at 49.4% discount to its historical median P/S valuation band of $14.12. The P/S ratio of the stock is 1.88, while the historical median P/S ratio is 3.76. The stock lost 28.85% during the past 12 months.

For the complete 20-year historical financial data of BCRH, click here.

This article first appeared on GuruFocus.