Phoenix Group Holdings PLC
LSE:PHNX

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Phoenix Group Holdings PLC
LSE:PHNX
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Price: 502 GBX 0.1% Market Closed
Market Cap: 5B GBX
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Phoenix Group Holdings PLC
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Phoenix Group Holdings PLC
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Phoenix Group Holdings PLC
LSE:PHNX
Cash Equivalents
ÂŁ9.7B
CAGR 3-Years
2%
CAGR 5-Years
13%
CAGR 10-Years
1%
Prudential PLC
LSE:PRU
Cash Equivalents
$6B
CAGR 3-Years
4%
CAGR 5-Years
0%
CAGR 10-Years
0%
Legal & General Group PLC
LSE:LGEN
Cash Equivalents
ÂŁ15.8B
CAGR 3-Years
-1%
CAGR 5-Years
2%
CAGR 10-Years
-3%
J
Just Group PLC
LSE:JUST
Cash Equivalents
ÂŁ570m
CAGR 3-Years
-9%
CAGR 5-Years
20%
CAGR 10-Years
27%
C
Chesnara PLC
LSE:CSN
Cash Equivalents
ÂŁ131.1m
CAGR 3-Years
22%
CAGR 5-Years
-12%
CAGR 10-Years
-5%
No Stocks Found

Phoenix Group Holdings PLC
Glance View

Market Cap
5B GBX
Industry
Insurance

In the realm of insurance and financial services, Phoenix Group Holdings PLC has emerged as a distinctive player, carving out a niche in the management of closed life insurance funds. This innovative approach has provided a lifeline to legacy insurance businesses, often seen as burdensome by larger firms. Essentially, Phoenix Group specializes in acquiring and managing these 'closed books'—existing insurance policies that are no longer open to new customers. By doing so, they not only relieve the original insurers of these liabilities but also leverage their expertise to efficiently manage and maximize the value of these long-term contracts, thereby earning a robust and predictable revenue stream. Phoenix Group’s business model operates much like a carefully tuned machine, where the strategy of buying closed books allows them to streamline operational costs, enhance customer engagement, and optimize cash generation. The company also generates revenue through fees for managing policies and investing in a wide array of assets. By balancing the legacy books with new acquisitions and maintaining a watchful eye on market opportunities, Phoenix ensures continued growth even in a mature market. It’s a business deeply rooted in financial prudence, with an eye for intelligent acquisitions and asset management that underscores its position as a steady pillar in the world of insurance.

PHNX Intrinsic Value
294.93 GBX
Overvaluation 41%
Intrinsic Value
Price

See Also

What is Phoenix Group Holdings PLC's Cash Equivalents?
Cash Equivalents
9.7B GBP

Based on the financial report for Jun 30, 2024, Phoenix Group Holdings PLC's Cash Equivalents amounts to 9.7B GBP.

What is Phoenix Group Holdings PLC's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
1%

Over the last year, the Cash Equivalents growth was 20%. The average annual Cash Equivalents growth rates for Phoenix Group Holdings PLC have been 2% over the past three years , 13% over the past five years , and 1% over the past ten years .

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