Sagicor Financial Company Ltd
Sagicor Financial Company Ltd. provides various financial services in the Caribbean, Canada, and the United States. It offers a range of products and services, including life, health, and general insurance; and banking, pensions, annuities, investment management, and real estate. The company was founded in 1840 and is headquartered in St Michael, Barbados.
Sagicor Financial Company Ltd (SGCFF) - Net Assets
Latest net assets as of September 2025: $1.44 Billion USD
Based on the latest financial reports, Sagicor Financial Company Ltd (SGCFF) has net assets worth $1.44 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.57 Billion) and total liabilities ($23.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.44 Billion |
| % of Total Assets | 5.85% |
| Annual Growth Rate | -10.59% |
| 5-Year Change | -20.25% |
| 10-Year Change | -76.64% |
| Growth Volatility | 35.96 |
Sagicor Financial Company Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Sagicor Financial Company Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sagicor Financial Company Ltd (2012–2024)
The table below shows the annual net assets of Sagicor Financial Company Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.32 Billion | -0.49% |
| 2023-12-31 | $1.33 Billion | -11.57% |
| 2022-12-31 | $1.50 Billion | -9.80% |
| 2021-12-31 | $1.67 Billion | +0.48% |
| 2020-12-31 | $1.66 Billion | -5.23% |
| 2019-12-31 | $1.75 Billion | +11228.61% |
| 2018-12-31 | $-15.72 Million | -6.46% |
| 2017-12-31 | $-14.77 Million | +98.02% |
| 2016-12-31 | $-744.73 Million | -113.15% |
| 2015-12-31 | $5.66 Billion | +2.55% |
| 2014-12-31 | $5.52 Billion | +17.59% |
| 2013-12-31 | $4.70 Billion | -7.27% |
| 2012-12-31 | $5.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sagicor Financial Company Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 41.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $418.44 Million | 43.60% |
| Common Stock | $1.35 Million | 0.14% |
| Other Comprehensive Income | $-160.51 Million | -16.73% |
| Other Components | $700.41 Million | 72.98% |
| Total Equity | $959.69 Million | 100.00% |
Sagicor Financial Company Ltd Competitors by Market Cap
The table below lists competitors of Sagicor Financial Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zero One Technology Co Ltd
TW:3029
|
$503.94 Million |
|
Türkiye Sinai Kalkinma Bankasi A.S
OTCGREY:TRKYY
|
$504.00 Million |
|
Societe de la Tour Eiffel SA
PA:EIFF
|
$504.02 Million |
|
Juewei Food Co Ltd
SHG:603517
|
$504.12 Million |
|
Atlantic China Welding Consumables Inc
SHG:600558
|
$503.90 Million |
|
Wuhan Huazhong Numerical Control Co Ltd
SHE:300161
|
$503.84 Million |
|
China Modern Dairy Holdings Ltd
F:07M
|
$503.81 Million |
|
Shanghai Xuerong Bio-Technology Co Ltd
SHE:300511
|
$503.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sagicor Financial Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 970,934,000 to 959,692,000, a change of -11,242,000 (-1.2%).
- Net income of 97,468,000 contributed positively to equity growth.
- Dividend payments of 30,175,000 reduced retained earnings.
- Share repurchases of 13,383,000 reduced equity.
- New share issuances of 27,000 increased equity.
- Other comprehensive income decreased equity by 87,098,000.
- Other factors increased equity by 21,919,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $97.47 Million | +10.16% |
| Dividends Paid | $30.18 Million | -3.14% |
| Share Repurchases | $13.38 Million | -1.39% |
| Share Issuances | $27.00K | +0.0% |
| Other Comprehensive Income | $-87.10 Million | -9.08% |
| Other Changes | $21.92 Million | +2.28% |
| Total Change | $- | -1.16% |
Book Value vs Market Value Analysis
This analysis compares Sagicor Financial Company Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.01x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $1.89 | $5.67 | x |
| 2013-12-31 | $1.65 | $5.67 | x |
| 2014-12-31 | $1.73 | $5.67 | x |
| 2015-12-31 | $1.64 | $5.67 | x |
| 2016-12-31 | $0.00 | $5.67 | x |
| 2017-12-31 | $-1.25 | $5.67 | x |
| 2018-12-31 | $-1.22 | $5.67 | x |
| 2019-12-31 | $14.21 | $5.67 | x |
| 2020-12-31 | $7.41 | $5.67 | x |
| 2021-12-31 | $7.73 | $5.67 | x |
| 2022-12-31 | $7.49 | $5.67 | x |
| 2023-12-31 | $6.70 | $5.67 | x |
| 2024-12-31 | $9.62 | $5.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sagicor Financial Company Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.78%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 23.72x
- Recent ROE (10.16%) is below the historical average (62149239.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.94% | 5.13% | 0.18x | 9.62x | $-6.11 Million |
| 2013 | 7.42% | 3.71% | 0.19x | 10.46x | $-13.04 Million |
| 2014 | 9.81% | 5.24% | 0.16x | 11.62x | $-1.01 Million |
| 2015 | 10.80% | 5.07% | 0.17x | 12.61x | $4.05 Million |
| 2016 | 807939972.71% | 5.37% | 150365620.74x | 1.00x | $59.22 Million |
| 2017 | 0.00% | -758.57% | 0.01x | 0.00x | $-13.30 Million |
| 2018 | 0.00% | -32.74% | 0.01x | 0.00x | $134.40K |
| 2019 | 8.97% | 5.53% | 0.21x | 7.56x | $-11.95 Million |
| 2020 | -1.36% | -0.79% | 0.21x | 8.34x | $-126.27 Million |
| 2021 | 17.32% | 8.34% | 0.23x | 9.15x | $83.02 Million |
| 2022 | 15.64% | 6.66% | 0.24x | 9.93x | $61.16 Million |
| 2023 | 54.80% | 29.86% | 0.08x | 23.06x | $434.97 Million |
| 2024 | 10.16% | 4.78% | 0.09x | 23.72x | $1.50 Million |
Industry Comparison
This section compares Sagicor Financial Company Ltd's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sagicor Financial Company Ltd (SGCFF) | $1.44 Billion | 8.94% | 16.11x | $503.92 Million |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |