Want to see AMIGY full AI Analyst Report?
Top Page
Admiral Group
(OTC:AMIGY)
Select Model
Select Model
Rating:69Neutral
Price Target:
$56.00
â–¼(-0.16% Downside)
Action:Downgraded
Date:09/07/26
The score is driven primarily by solid financial performance—accelerating growth, healthy margins, and stronger 2025 cash generation—tempered by increasing balance-sheet leverage and some historical volatility. Technical signals are neutral-to-mildly constructive, and valuation is supportive given a reasonable P/E and a strong dividend yield.
Positive Factors
Accelerating revenue growth
The sharp improvement in 2025 revenue growth indicates stronger business momentum and expanding policy or customer activity. If sustained, higher scale can support operating leverage, reinforce market position, and provide a broader earnings base over the next several quarters.
Negative Factors
Rising leverage
Increasing debt relative to equity reduces financial flexibility and makes results more sensitive to any weakening in profitability or underwriting conditions. Although equity remains positive and ROE is strong, the pack notes that leverage is a growing balance-sheet risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating revenue growth
The sharp improvement in 2025 revenue growth indicates stronger business momentum and expanding policy or customer activity. If sustained, higher scale can support operating leverage, reinforce market position, and provide a broader earnings base over the next several quarters.
Read all positive factors
Admiral Group (AMIGY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$15.79B
Dividend Yield4.14%
Average Volume (3M)12.02K
Price to Earnings (P/E)17.0
Beta (1Y)0.18
Revenue Growth3.86%
EPS Growth-12.19%
CountryUS
Employees15,000
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)2.25
Shares Outstanding306,304,700
10 Day Avg. Volume10,844
30 Day Avg. Volume12,020
Financial Highlights & Ratios
PEG Ratio1.22
Price to Book (P/B)6.78
Price to Sales (P/S)1.79
P/FCF Ratio15.31
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)3.18
Revenue Forecast (FY)$6.83B
Admiral Group Business Overview & Revenue Model
Company Description
Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, and Spain. It operates through four segments: UK Insurance, European Insurance, Admiral Money, and Other. The c...
How the Company Makes Money
Admiral Group makes money primarily from underwriting personal lines insurance (especially motor) and from insurance distribution activities tied to the sale and servicing of policies. Key revenue/earnings drivers typically include: (1) Underwriti...
Admiral Group Earnings Call Summary
Earnings Call Date:Mar 05, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Mar 11, 2027
Earnings Call Sentiment Positive
The call conveyed a strongly positive operational and financial performance in FY2025 — record group and U.K. Motor profits, robust capital and dividend increases, clear progress on AI and data, and improving diversification (Admiral Money, Other Personal Lines and Europe). Near‑term headwinds were acknowledged: U.K. Motor pricing pressure in 2025, higher loss ratios and claims inflation, some one‑off impacts in Europe, and a cautious 2026 profit outlook (expected to be broadly flat) as reserve and underwriting dynamics normalize. Overall, the strategic direction (AI acceleration, multi‑product growth, selective M&A, and a revised capital return framework) and strong balance sheet underpin a positive medium‑term outlook despite cyclical and market‑pricing risks.Positive Updates
Record Group Profit
Group profit reached a record GBP 958 million in FY2025, up 16% year‑on‑year (or up 28% excluding the Ogden impact).
Negative Updates
U.K. Motor Premium Pressure and Turnover Decline
Average premiums fell after deliberate price reductions (H1 2025), leading to turnover down ~7% in U.K. Motor despite customer growth; market average premiums estimated to have declined ~10% in 2025.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Group Profit
Group profit reached a record GBP 958 million in FY2025, up 16% year‑on‑year (or up 28% excluding the Ogden impact).
Read all positive updates
Company Guidance
Management guided that 2026 should be broadly flat vs 2025 (2025: record group profit £958m, +16% YoY / +28% ex‑Ogden) while highlighting key metrics: a 2025 group combined ratio of 80% (3pts higher than 2024, ~2pts from Ogden), solvency ratio c.193% (post‑internal‑model target 150–170%), proposed final dividend 90p bringing total to 205p (~£620m, +7%), ordinary dividend set at 65% of earnings with historic total payout guidance ~90%, and share‑scheme buys (trust bought ~1m shares for ~£30m in H2 and expects ~3m buys in 2026); operationally they expect disciplined U.K. Motor pricing (2025 discounted 12‑month booked loss ratio ~78%, undiscounted ~85%), U.K. customer base 9.6m (+9% YoY) with group customer base growth ~7% and >1.6m multi‑product customers, group NPS >50 (U.K. >55), reserve releases ~10% YoY with reserves near the top percentile (moving toward mid‑range in 2026), Europe returning to profitability (regional combined ratio 94%, Motor profit £39m on a wall‑account), Admiral Money profits doubled, AI scale (150+ gen‑AI initiatives supporting >4,000 colleagues; predictive AI has delivered >£100m of incremental loss‑ratio value) and efficiency targets of >£100m p.a. by 2028.Admiral Group Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
62
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.57B | 5.45B | 4.87B | 3.51B | 3.02B | 1.55B |
| Gross Profit | 3.68B | 5.57B | 4.62B | 3.37B | 2.87B | 1.55B |
| EBITDA | 1.05B | 1.10B | 951.80M | 521.80M | 416.60M | 781.80M |
| Net Income | 670.92M | 726.33M | 663.30M | 338.00M | 286.50M | 997.90M |
Balance Sheet | ||||||
| Total Assets | 9.29B | 9.01B | 7.94B | 7.10B | 8.94B | 8.36B |
| Cash, Cash Equivalents and Short-Term Investments | 313.00M | 300.57M | 3.60B | 3.14B | 2.67B | 458.00M |
| Total Debt | 2.07B | 1.89B | 1.39B | 1.21B | 1.03B | 776.20M |
| Total Liabilities | 7.80B | 7.57B | 6.57B | 6.10B | 7.98B | 6.95B |
| Stockholders Equity | 1.49B | 1.44B | 1.37B | 991.80M | 885.80M | 1.41B |
Cash Flow | ||||||
| Free Cash Flow | 380.62M | 638.10M | 224.80M | 203.10M | 366.50M | 175.40M |
| Operating Cash Flow | 471.95M | 710.77M | 369.00M | 279.00M | 465.10M | 244.60M |
| Investing Cash Flow | -214.40M | -430.85M | -144.20M | -75.90M | -101.00M | 387.80M |
| Financing Cash Flow | -235.58M | -272.01M | -257.90M | -171.80M | -425.00M | -564.80M |
Admiral Group Technical Analysis
Neutral
56.09
Price Trends
49.79
Positive
46.89
Positive
43.00
Positive
Market Momentum
0.77
Positive
49.70
Neutral
-17.15
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMIGY, the sentiment is Neutral. The current price of 56.09 is above the 20-day moving average (MA) of 52.41, above the 50-day MA of 49.79, and above the 200-day MA of 43.00, indicating a neutral trend. The MACD of 0.77 indicates Positive momentum. The RSI at 49.70 is Neutral, neither overbought nor oversold. The STOCH value of -17.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AMIGY.
Admiral Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
88 Outperform | $11.77B | 20.40 | 24.52% | 2.28% | 3.65% | -7.67% | |
87 Outperform | $127.23B | 10.96 | 35.40% | 6.35% | 10.49% | 12.26% | |
86 Outperform | $65.63B | 5.12 | 43.13% | 1.63% | 5.92% | 134.66% | |
85 Outperform | $77.04B | 9.74 | 25.62% | 1.23% | 2.39% | 65.13% | |
73 Outperform | $5.79B | 6.18 | 37.19% | 1.21% | 9.95% | 140.12% | |
69 Neutral | $15.79B | 17.04 | 45.59% | 4.14% | 3.86% | -12.19% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
AMIGY
Admiral Group
51.57
8.72
20.36%
ALL
Allstate
259.57
63.06
32.09%
ERIE
Erie Indemnity Company
252.80
-76.48
-23.23%
MCY
Mercury General
104.53
27.99
36.56%
PGR
Progressive
218.95
-11.99
-5.19%
TRV
Travelers Companies
369.35
99.17
36.70%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.