Argo Group International Holdings, Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 54.44
Dividend & Yield1.75$ (8.24%)
Beta 0.97
Market capitalization N/A
Operating cash flow 158.4M
ESG Scores unknown

Company description

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.

Sector: Financial Services - Industry: Insurance—Property & Casualty

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 76.4M 111.7M 63.7M 7.2M
Total Cashflows From Investing Activities -268.3M -142.8M -24.3M -55.9M
Net Borrowings -600k -600k -125M
Total Cash From Financing Activities -67.6M -41.8M -26.8M -52.9M
Change To Operating Activities 641.3M 585.4M -25.8M 91.7M
Issuance Of Stock 1.6M 1.9M 1.8M 1.3M
Net Income 57M -14.1M -54.1M 6.7M
Change In Cash -36.9M -1.9M 11M -2.7M
Effect Of Exchange Rate -2.8M -100k -9.8M 6.4M
Total Cash From Operating Activities 301.8M 182.8M 71.9M 99.7M
Depreciation 31.9M 27.3M 33.2M 43.4M
Change To Account Receivables -558.3M -455.1M 84.8M 47.4M
Other Cashflows From Financing Activities
Change To Netincome 50.2M -83.8M -12.4M -92.2M
Capital Expenditures -32.2M -29.9M -20.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 61M -46.4M -46.4M 5.3M
Net Income 57M -14.1M -54.1M 6.7M
Selling General Administrative 352.2M
Gross Profit 488.6M 74.2M 13.1M 113.4M
Ebit 96.8M 77.5M 17M 115.4M
Operating Income 96.8M 77.5M 17M 115.4M
Interest Expense -31.9M -34.1M -26.9M -21.6M
Income Tax Expense 4M 14.1M 7.7M -1.4M
Total Revenue 1.8B 1.96B 1.89B 2.13B
Cost Of Revenue 1.31B 1.89B 1.88B 2.02B
Total Other Income ExpenseNet -35.8M -77.5M -63.4M -110.1M
Net Income From Continuing Ops 57M -14.1M -54.1M 6.7M
Net Income Applicable To Common Shares 57M -14.1M -58.7M -3.8M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 7.81B 8.75B 8.61B 8.58B
Total Stockholder Equity 1.75B 1.76B 1.71B 1.59B
Other Current Liabilities 1.3B 1.42B 1.46B 1.47B
Total Assets 9.56B 10.51B 10.47B 10.32B
Common Stock 45.3M 45.7M 46M 46.2M
Other Current Assets 2.72B 3.15B 3.04B 2.99B
Retained Earnings 862.6M 793.7M 684.1M 636.4M
Treasury Stock -533.2M -452.3M -396.5M -477.8M
Cash 139.2M 137.8M 148.8M 146.1M
Total Current Liabilities 6.93B 7.78B 7.82B 7.8B
Other Stockholder Equity -78.1M 2.8M 58.6M -22.7M
Property, Plant, and Equipment 154.8M 232.2M 212.4M 148.9M
Total Current Assets 4B 4.81B 4.41B 4.44B
Net Tangible Assets 1.48B 1.51B 1.51B 1.43B
Net Receivables 658.1M 676.5M 682.8M 655.9M
Accounts Payable 5.63B 6.36B 6.36B 6.32B


Insider Transactions

Here are the insider transactions of stock shares related to Argo Group International Holdings, Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

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 Argo Group International Holdings, Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Argo Group International Holdings, Ltd

Here is the result of two systematic investment strategies applied to Argo Group International Holdings, Ltd. 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 Argo Group International Holdings, Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Argo Group International Holdings, Ltd:

Argo Group International Holdings, Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.9% on the backtest period.

Performance at glance

Performance

0.9 %

Latent gain

4.41 $

Invested capital

492.57 $

Annualized return

1.18 %
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Momentum strategy results on Argo Group International Holdings, Ltd

This is the result of two momentum investment strategies applied to Argo Group International Holdings, Ltd. 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 Argo Group International Holdings, Ltd

The following chart shows all the entries opened by the momentum investment system on Argo Group International Holdings, Ltd:

Argo Group International Holdings, Ltd momentum entries
  • The first momentum investment strategy would give 0.35% of return on Argo Group International Holdings, Ltd. That represents 3.43$ of latent gain with 990.53$ of employed capital.
  • The second momentum investment strategy would give -0.02% of return on Argo Group International Holdings, Ltd. That represents -0.09$ of latent gain with 497.07$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.35 %

Latent gain

3.43 $

Invested capital

990.53 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-0.02 %

Latent gain

-0.09 $

Invested capital

497.07 $

Annualized return

-0.07 %

Momentum equity curve on Argo Group International Holdings, Ltd

The following chart shows the equity curve of the two momentum strategies applied to Argo Group International Holdings, Ltd:

Argo Group International Holdings, Ltd momentum equity

Note: the dividends potentially given by Argo Group International Holdings, Ltd 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 Argo Group International Holdings, Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Argo Group International Holdings, Ltd since the beginning:

Argo Group International Holdings, Ltd

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 Argo Group International Holdings, Ltd

Buy the dip entry openings on Argo Group International Holdings, Ltd

Argo Group International Holdings, Ltd

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

Note: The blue line represents the weekly stock price of Argo Group International Holdings, Ltd, 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 Argo Group International Holdings, Ltd

The following chart shows the result of the investment strategy applied to Argo Group International Holdings, Ltd:

Argo Group International Holdings, Ltd

Note: the dividends potentially given by Argo Group International Holdings, Ltd 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 Argo Group International Holdings, Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Argo Group International Holdings, Ltd:

Argo Group International Holdings, Ltd

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 Argo Group International Holdings, Ltd

In this section, I will compare the three previous investment strategies applied to Argo Group International Holdings, Ltd.

Equity curve comparison on Argo Group International Holdings, Ltd

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

Argo Group International Holdings, Ltd investment strategy comparison

Employed capital comparison on Argo Group International Holdings, Ltd

Argo Group International Holdings, Ltd investment comparison

Performance comparison on Argo Group International Holdings, Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.9% 4.41$ 492.57$ 1.18%
Momentum 1 quarter 0.35% 3.43$ 990.53$ 0.67%
Momentum 2 quarters -0.02% -0.09$ 497.07$ -0.07%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

1.18 %

Momentum 1Q

-0.07 %

Momentum 2Q

-0.07 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Argo Group International Holdings, Ltd:

Positive correlations

Most correlated stocks this year

  • Argo Group International Holdings, Ltd

  • Most correlated stocks last 3 months

  • Argo Group International Holdings, Ltd
  • SUN ENT GP

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • IMMERSION
  • Futurefuel Corp
  • Genie Energy Ltd - Class B
  • Golden Minerals Company

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


    Company information

    Company name Argo Group International Holdings, Ltd
    Country Bermuda
    City Pembroke
    Address 90 Pitts Bay Road
    Phone
    Website www.argolimited.com
    FullTime employees 1273
    Industry Insurance—Property & Casualty
    Sector Financial Services
    Exchange XNAS
    Ticker ARGO-PA
    Market www.nasdaq.com

    Argo Group International Holdings, Ltd 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