Essent Group Ltd
NYSE:ESNT

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Essent Group Ltd
NYSE:ESNT
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Price: 53.26 USD 0.66% Market Closed
Market Cap: 5.7B USD
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Essent Group Ltd
Other Non-Cash Items

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Essent Group Ltd
Other Non-Cash Items Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Non-Cash Items CAGR 3Y CAGR 5Y CAGR 10Y
Essent Group Ltd
NYSE:ESNT
Other Non-Cash Items
$54.4m
CAGR 3-Years
67%
CAGR 5-Years
11%
CAGR 10-Years
14%
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Essent Group Ltd
Glance View

Market Cap
5.7B USD
Industry
Financial Services

Essent Group Ltd. stands as a notable player in the private mortgage insurance sector, a critical component of the broader financial services landscape. Founded in 2008 in the midst of economic upheaval, the company seized an opportunity as demand for private mortgage insurance (PMI) surged. As a PMI provider, Essent plays a vital role in the housing market by protecting lenders from potential losses arising from borrower defaults. This is especially significant for homebuyers who are unable to make a 20% down payment on their loans. The insurance product provided by Essent helps these buyers obtain mortgages with smaller down payments, facilitating home ownership while simultaneously mitigating lender risk. The company's business model is chiefly grounded in underwriting and offering private mortgage insurance. Essent generates revenue by collecting premiums from borrowers, which serve as the cost of the insurance protection offered. The company’s profits are derived from the premiums that exceed the claims paid out and operational costs. Essent Group's adept risk management and underwriting practices are pivotal, as they ensure that the risks taken are judiciously calculated, allowing the company to maintain financial stability and profitability. By strategically leveraging data analytics and market knowledge, Essent navigates the intricate balance between growth and risk in the dynamic real estate market. This ability to adapt and respond to changing market conditions has cemented Essent's position as a formidable entity within the insurance industry.

ESNT Intrinsic Value
82.45 USD
Undervaluation 35%
Intrinsic Value
Price

See Also

What is Essent Group Ltd's Other Non-Cash Items?
Other Non-Cash Items
54.4m USD

Based on the financial report for Sep 30, 2024, Essent Group Ltd's Other Non-Cash Items amounts to 54.4m USD.

What is Essent Group Ltd's Other Non-Cash Items growth rate?
Other Non-Cash Items CAGR 10Y
14%

Over the last year, the Other Non-Cash Items growth was -6%. The average annual Other Non-Cash Items growth rates for Essent Group Ltd have been 67% over the past three years , 11% over the past five years , and 14% over the past ten years .

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