Conduit Holdings Limited chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.83
Dividend & Yield0.31£ (9.19%)
Beta N/A
Market capitalization 560.88M
Operating cash flow 116.5M
ESG Scores unknown

Company description

Conduit Holdings Limited, together with its subsidiaries, engages in the reinsurance business in Bermuda and internationally. It underwrites property, casualty, and specialty reinsurance products. The company was incorporated in 2020 and is based in Hamilton, Bermuda.

Sector: Financial Services - Industry: Insurance—Reinsurance

Financial data

Financial Statements

Cashflow Statement 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -400k -1.01B
Net Borrowings -100k -100k
Total Cash From Financing Activities 4.23B -30M
Change To Operating Activities 6M 87.5M
Issuance Of Stock 4.41B
Net Income -18.4M -42M
Change In Cash 4.22B -986.5M
Effect Of Exchange Rate 400k 200k
Total Cash From Operating Activities -12.4M 48.7M
Depreciation 100k 100k
Change To Account Receivables
Other Cashflows From Financing Activities -182M
Change To Netincome 3.1M 3.1M
Capital Expenditures -500k -500k

Income Statement 2020-12-31 2021-12-31
Research Development
Income Before Tax -18.4M -42M
Net Income -18.4M -42M
Selling General Administrative
Gross Profit 400k -10.1M
Ebit -18.8M -41M
Operating Income -18.8M -41M
Interest Expense -100k -100k
Income Tax Expense
Total Revenue 400k 191.1M
Cost Of Revenue 201.2M
Total Other Income ExpenseNet 400k -1M
Net Income From Continuing Ops -18.4M -42M
Net Income Applicable To Common Shares -18.4M -42M

Balance Sheet Statement 2020-12-31 2021-12-31
Total Liabilities 2.5M 353.6M
Total Stockholder Equity 1.05B 981.2M
Other Current Liabilities 171.8M
Total Assets 1.06B 1.33B
Common Stock 1.7M 1.7M
Other Current Assets 53.7M
Retained Earnings -4.6M -76.3M
Treasury Stock 300k 400k
Cash 1.05B 67.5M
Total Current Liabilities 244.7M
Other Stockholder Equity 300k 600k
Property, Plant, and Equipment 2.9M
Total Current Assets 1.05B 285.1M
Net Tangible Assets 1.05B 980.1M
Net Receivables 155M
Accounts Payable 72.3M


Insider Transactions

Here are the insider transactions of stock shares related to Conduit Holdings Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Conduit Holdings Limited Employee Benefit TrustBought at price 4.02 per share.D2022-09-291.74M
Conduit Holdings Limited Employee Benefit TrustBought at price 3.90 per share.D2022-09-23695k
Conduit Holdings LtdBuy Back at price 3.91 per share.D2022-09-16102.5k
Conduit Holdings Limited Employee Benefit TrustD2022-09-06
Quinlan (Stuart)Bought at price 3.55 per share.D2022-09-0524.25k
Whelan (Elaine)Bought at price 3.56 per share.D2022-09-0232.2k
Carvey (Trevor)Bought at price 3.70 per share.D2022-08-2625k
Conduit Holdings LtdBuy Back at price 3.62 per share.D2022-08-2610k
Conduit Holdings LtdBuy Back at price 3.73 per share.D2022-08-2520k
Conduit Holdings LtdBuy Back at price 3.77 per share.D2022-08-2410k
FIL, Ltd.D2022-08-2425.95k
Conduit Holdings LtdBuy Back at price 3.79 per share.D2022-08-2310k
Conduit Holdings LtdBuy Back at price 3.80 per share.D2022-08-2210k
Conduit Holdings LtdBuy Back at price 3.90 per share.D2022-08-1910k
Conduit Holdings LtdBuy Back at price 4.00 per share.D2022-08-1810k
FIL, Ltd.D2022-08-187.61M
Conduit Holdings LtdBuy Back at price 4.18 per share.D2022-08-1710k
Conduit Holdings LtdBuy Back at price 4.20 per share.D2022-08-1610k
Conduit Holdings LtdBuy Back at price 4.22 per share.D2022-08-1510k
Carvey (Trevor)Bought at price 4.32 per share.D2022-07-2821.59k
Eckert (Neil)Bought at price 4.16 per share.D2022-07-2729.2k
Quinlan (Stuart)Bought at price 4.06 per share.D2022-07-2713.13k
CI Investments IncD2022-07-212.34M
Conduit Holdings LtdBuy Back at price 3.85 per share.D2022-07-2110k
Kames CapitalD2022-07-15
Conduit Holdings LtdBuy Back at price 4.18 per share.D2022-06-1525k
Eckert (Neil)Bought at price 4.35 per share.D2022-06-0929.5k
Carvey (Trevor)Bought at price 4.36 per share.D2022-06-0627.5k
Conduit Holdings LtdBuy Back at price 4.35 per share.D2022-05-2710k
Conduit Holdings LtdBuy Back at price 4.32 per share.D2022-05-2610k
Conduit Holdings LtdBuy Back at price 4.24 per share.D2022-05-2425k
Conduit Holdings LtdBuy Back at price 4.37 per share.D2022-05-1710k
Conduit Holdings LtdBuy Back at price 4.29 per share.D2022-05-1325k
Quinlan (Stuart)Bought at price 4.36 per share.D2022-05-1235k
Conduit Holdings LtdBuy Back at price 4.40 per share.D2022-05-1010k
Conduit Holdings LtdBuy Back at price 4.48 per share.D2022-05-0930k
Conduit Holdings LtdBuy Back at price 4.56 per share.D2022-05-0625k
Conduit Holdings LtdBuy Back at price 4.61 per share.D2022-05-0510k
Kames CapitalD2022-05-05
Conduit Holdings LtdBuy Back at price 4.71 per share.D2022-05-0450k
Conduit Holdings LtdBuy Back at price 4.65 per share.D2022-04-2225k
Conduit Holdings LtdBuy Back at price 4.79 per share.D2022-04-2125k
Conduit Holdings LtdBuy Back at price 4.96 per share.D2022-04-1110k
Kames CapitalD2022-04-0812.73k
Conduit Holdings LtdBuy Back at price 4.59 per share.D2022-03-2220k
Whelan (Elaine)Bought at price 4.66 per share.D2022-03-2128.11k
Conduit Holdings LtdBuy Back at price 4.60 per share.D2022-03-1735k
Conduit Holdings LtdBuy Back at price 4.69 per share.D2022-03-1610k
Carvey (Trevor)Bought at price 4.71 per share.D2022-03-1541.54k
Eckert (Neil)Bought at price 4.71 per share.D2022-03-1013.85k
Conduit Holdings LtdBuy Back at price 4.68 per share.D2022-03-0820k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Conduit Holdings Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Conduit Holdings Limited

Here is the result of two systematic investment strategies applied to Conduit Holdings Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Conduit Holdings Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Conduit Holdings Limited:

Conduit Holdings Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -11.06% on the backtest period.

Performance at glance

Performance

-11.06 %

Latent gain

-112.0 £

Invested capital

1013.0 £

Annualized return

-14.95 %
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Momentum strategy results on Conduit Holdings Limited

This is the result of two momentum investment strategies applied to Conduit Holdings Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Conduit Holdings Limited

The following chart shows all the entries opened by the momentum investment system on Conduit Holdings Limited:

Conduit Holdings Limited momentum entries
  • The first momentum investment strategy would give -12.69% of return on Conduit Holdings Limited. That represents -196.5£ of latent gain with 1548.0£ of employed capital.
  • The second momentum investment strategy would give -13.37% of return on Conduit Holdings Limited. That represents -69.5£ of latent gain with 520.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

-12.69 %

Latent gain

-196.5 £

Invested capital

1548.0 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-13.37 %

Latent gain

-69.5 £

Invested capital

520.0 £

Annualized return

-51.42 %

Momentum equity curve on Conduit Holdings Limited

The following chart shows the equity curve of the two momentum strategies applied to Conduit Holdings Limited:

Conduit Holdings Limited momentum equity

Note: the dividends potentially given by Conduit Holdings Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Conduit Holdings Limited

The following chart shows the employed capital evolution of the two momentum strategies on Conduit Holdings Limited since the beginning:

Conduit Holdings Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Conduit Holdings Limited

Buy the dip entry openings on Conduit Holdings Limited

Conduit Holdings Limited

The performance achieved by the robo-advisor on Conduit Holdings Limited is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Conduit Holdings Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Conduit Holdings Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Conduit Holdings Limited

The following chart shows the result of the investment strategy applied to Conduit Holdings Limited:

Conduit Holdings Limited

Note: the dividends potentially given by Conduit Holdings Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Conduit Holdings Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Conduit Holdings Limited:

Conduit Holdings Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Conduit Holdings Limited

In this section, I will compare the three previous investment strategies applied to Conduit Holdings Limited.

Equity curve comparison on Conduit Holdings Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Conduit Holdings Limited investment strategy comparison

Employed capital comparison on Conduit Holdings Limited

Conduit Holdings Limited investment comparison

Performance comparison on Conduit Holdings Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -11.06% -112.0£ 1013.0£ -14.95%
Momentum 1 quarter -12.69% -196.5£ 1548.0£ -25.38%
Momentum 2 quarters -13.37% -69.5£ 520.0£ -51.42%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

-14.95 %

Momentum 1Q

-51.42 %

Momentum 2Q

-51.42 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Conduit Holdings Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Conduit Holdings Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Conduit Holdings Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Conduit Holdings Limited
Country Bermuda
City Hamilton
Address Clarendon House
Phone
Website conduitreinsurance.com
FullTime employees 51
Industry Insurance—Reinsurance
Sector Financial Services
Exchange XLON
Ticker CRE.XLON
Market www.londonstockexchange.com

Conduit Holdings Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown