Direct Line’s first-half profit of GBP 61.6 million is a marked improvement versus the GBP 76.3 million loss the business turned last year. While it is below our full-year forecast, the business has announced a GBX 2.0 per share dividend, and we think that marks continued capital discipline.
Direct Line has continued to evolve away from a model of home insurance third-party distribution partnerships.
Ongong investments don’t seem to have born as much fruit as they otherwise have done at similar peers.
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Price/Earnings (Normalized) | 52.46 | 10.75 | 8.47 |
Price/Book Value | 1.00 | 1.70 | 1.46 |
Price/Sales | 0.62 | 0.91 | 0.30 |
Price/Cash Flow | — | — | — |
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 29.64 | 16.90 | 5.15 |
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Return on Assets (Normalized) | 1.24% | 1.21% | 0.46% |
Return on Equity (Normalized) | 4.33% | 16.25% | 16.60% |
Return on Invested Capital (Normalized) | 4.06% | 6.86% | 11.20% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| Zsynblpz | Rgmfk | $147.1 Bil | |||
| Chubb Ltd
CB
| Bwtbgcqp | Wtytll | $117.0 Bil | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| Lkbvschk | Jzmgr | $72.7 Bil | |||
| Tokio Marine Holdings Inc
TKOMF
| — | Mxqt | $72.7 Bil | |||
| The Travelers Companies Inc
TRV
| Xjfnbgthh | Lctkjt | $53.8 Bil | |||
| Allstate Corp
ALL
| Nfyylcq | Dfnb | $49.7 Bil | |||
| The People's Insurance Co (Group) of China Ltd ADR
PINXY
| — | Hthf | $38.3 Bil | |||
| The People's Insurance Co (Group) of China Ltd Class H
PINXF
| — | Stkj | $38.3 Bil | |||
| WR Berkley Corp
WRB
| Yhdzyhsxb | Fypsrn | $21.5 Bil | |||
| Markel Group Inc
MKL
| Mgqprvbh | Fqbd | $20.3 Bil |
United States