Oxbridge Re Holdings Ltd. (OXBRW) intrinsic value & 10-year financials
Oxbridge Re Holdings Ltd. (OXBRW) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 19.9% a year to $2.6M, with an average return on invested capital of -27.0%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $2.6M
- Revenue growth (10-yr CAGR)
- -19.9%
- ROIC (10-yr avg)
- -27.0%
- Free cash flow (FY2025)
- -$1.4M
OXBRW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.6M | -$2.1M | -$0.28 | -$1.4M | — | -42.2% |
| FY2024 | $546.0K | -$2.7M | -$0.45 | — | — | -58.8% |
| FY2023 | -$7.0M | -$9.9M | -$1.69 | -$1.3M | — | -97.6% |
| FY2022 | $850.0K | -$1.8M | -$0.31 | — | — | -11.3% |
| FY2021 | $10.2M | $8.6M | $1.49 | -$256.0K | — | 69.4% |
| FY2020 | $1.2M | -$50.0K | -$0.01 | -$280.0K | — | -0.6% |
| FY2019 | $981.0K | -$305.0K | -$0.05 | -$4.4M | — | -3.7% |
| FY2018 | $3.8M | -$5.7M | -$1.00 | -$6.6M | — | -51.7% |
| FY2017 | $23.8M | -$20.6M | -$3.55 | -$26.3M | — | -80.6% |
| FY2016 | $19.1M | $2.6M | $0.44 | $405.0K | — | 6.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
OXBRIDGE RE HOLDINGS Ltd is facing top-line stagnation, with revenue contracting over the decade.
OXBRIDGE RE HOLDINGS Ltd has historically struggled to out-earn its cost of capital, averaging just -27.0% ROIC.
OXBRIDGE RE HOLDINGS Ltd has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, OXBRIDGE RE HOLDINGS Ltd is modeled at -19.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-40.34 per share.