Comparing Alterra Capital (ALTE) and Its Competitors

Alterra Capital (NASDAQ: ALTE) is one of 86 public companies in the “Property & Casualty Insurance” industry, but how does it compare to its peers? We will compare Alterra Capital to related companies based on the strength of its institutional ownership, valuation, dividends, analyst recommendations, profitability, earnings and risk.

Profitability

This table compares Alterra Capital and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alterra Capital N/A N/A N/A
Alterra Capital Competitors 6.44% 1.74% 1.28%

Valuation & Earnings

This table compares Alterra Capital and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Alterra Capital N/A N/A 19.73
Alterra Capital Competitors $11.51 billion $1.16 billion 231.20

Alterra Capital’s peers have higher revenue and earnings than Alterra Capital. Alterra Capital is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

60.2% of shares of all “Property & Casualty Insurance” companies are owned by institutional investors. 15.6% of shares of all “Property & Casualty Insurance” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of current ratings and target prices for Alterra Capital and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alterra Capital 0 0 0 0 N/A
Alterra Capital Competitors 694 2414 2289 54 2.31

As a group, “Property & Casualty Insurance” companies have a potential downside of 8.76%. Given Alterra Capital’s peers higher possible upside, analysts clearly believe Alterra Capital has less favorable growth aspects than its peers.

Summary

Alterra Capital peers beat Alterra Capital on 8 of the 8 factors compared.

About Alterra Capital

Alterra Capital Holdings Limited (Alterra) is engaged in providing diversified specialty insurance and reinsurance products to corporations, public entities and property and casualty insurers. In Bermuda, the Company conducts its insurance and reinsurance operations through Alterra Bermuda. In Europe, the Company conducts its non-Lloyd’s operations primarily from Dublin, Ireland through Alterra Europe. In the United States, the Company’s U.S. reinsurance operations are conducted through Alterra Re USA, a Connecticut-domiciled reinsurance company. The Company’s U.S. insurance operations are conducted through Alterra E&S. In Latin America, the Company provides reinsurance to clients through Alterra at Lloyd’s in Rio de Janeiro, Brazil, using Lloyd’s admitted status, through Alterra Europe. In June 2012, the Company formed New Point V Limited. On May 1, 2013, Alterra Capital was acquired by Markel Corporation.

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