$Everest Group (EG.US)$🎯 As of March 18, 2024, the current ...

New data: Q4 2023, continued significant growth.

In 2023, the revenue increased by 21%, and the net income increased by 3.2 times.

The asset-liability ratio has decreased from 78.9% to 73.3%. On the asset side, there was a significant increase of 7.2 billion in total investment and 1.6 billion in accounts receivable. On the liability side, there was a major increase of 4.1 billion in insurance policies.

The current PE ratio is 6.5, and the average net income for the past 5 years is 1.2 billion, which corresponds to a PE ratio of 14. The dividend yield is 1.7%. From the perspective of cyclical stocks, the valuation is high, but the performance in the past 5 years has shown a clear upward trend. It is recommended to wait and see for now.