Direct Line’s first-half profit of GBP 61.6 million is a marked improvement versus the GBP 76.3 million loss the business turned last year. While it is below our full-year forecast, the business has announced a GBX 2.0 per share dividend, and we think that marks continued capital discipline.
Direct Line has continued to evolve away from a model of home insurance third-party distribution partnerships.
Ongong investments don’t seem to have born as much fruit as they otherwise have done at similar peers.
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.13 | 10.31 | 8.14 |
Price/Book Value | 0.98 | 1.63 | 1.40 |
Price/Sales | 0.60 | 0.87 | 0.29 |
Price/Cash Flow | — | — | — |
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 29.64 | 16.90 | 5.15 |
|
Metric
|
DLG
|
AXAHY
|
AV.
|
|---|---|---|---|
Return on Assets (Normalized) | 1.24% | 1.21% | 0.46% |
Return on Equity (Normalized) | 4.33% | 16.25% | 16.60% |
Return on Invested Capital (Normalized) | 4.06% | 6.86% | 11.20% |
|
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
|
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United States