Pelagos Insurance Capital Ltd. (PLGO) intrinsic value & 10-year financials
Pelagos Insurance Capital Ltd. (PLGO) has a Graham intrinsic value of $70.09 per share. Over the last 6 fiscal years revenue grew 20.3% a year to $2.5B, with an average return on invested capital of 29.8%.
- Graham intrinsic value
- $70.09
- Revenue (FY2025)
- $2.5B
- Revenue growth (6-yr CAGR)
- 20.3%
- ROIC (10-yr avg)
- 29.8%
- Free cash flow (FY2025)
- -$409.5M
PLGO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.5B | $225.5M | $2.11 | -$409.5M | — | 10.0% |
| FY2024 | $2.4B | $113.3M | $0.98 | $613.6M | — | 5.2% |
| FY2023 | $3.6B | $2.1B | $18.65 | $488.8M | — | 125.9% |
| FY2022 | $1.5B | $52.6M | $0.26 | $722.6M | — | 4.4% |
| FY2021 | $1.2B | $68.3M | $0.34 | $338.7M | — | 3.4% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Pelagos Insurance Capital Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Pelagos Insurance Capital Ltd has earned high returns on invested capital, averaging 36.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Pelagos Insurance Capital Ltd capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Pelagos Insurance Capital Ltd is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $70.09 per share.