WallStSmart

Greenlight Capital Re Ltd (GLRE)vsSiriuspoint Ltd (SPNT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Siriuspoint Ltd generates 314% more annual revenue ($2.98B vs $721.31M). SPNT leads profitability with a 15.4% profit margin vs 10.4%. SPNT trades at a lower P/E of 5.8x. SPNT earns a higher WallStSmart Score of 72/100 (B).

GLRE

Strong Buy

70

out of 100

Grade: B-

Growth: 6.7Profit: 6.0Value: 8.7Quality: 6.8
Piotroski: 6/9

SPNT

Strong Buy

72

out of 100

Grade: B

Growth: 8.0Profit: 6.5Value: 8.3Quality: 6.5
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GLREUndervalued (+5.6%)

Margin of Safety

+5.6%

Fair Value

$14.76

Current Price

$17.06

$2.30 discount

UndervaluedFair: $14.76Overvalued
SPNTUndervalued (+88.1%)

Margin of Safety

+88.1%

Fair Value

$170.35

Current Price

$21.51

$148.84 discount

UndervaluedFair: $170.35Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GLRE5 strengths · Avg: 9.6/10
P/E RatioValuation
7.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
39.7%10/10

Revenue surging 39.7% year-over-year

Debt/EquityHealth
0.0510/10

Conservative balance sheet, low leverage

Operating MarginProfitability
24.3%8/10

Strong operational efficiency at 24.3%

SPNT6 strengths · Avg: 9.0/10
P/E RatioValuation
5.8x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Return on EquityProfitability
20.9%9/10

Every $100 of equity generates 21 in profit

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
19.4%8/10

19.4% revenue growth

EPS GrowthGrowth
26.5%8/10

Earnings expanding 26.5% YoY

Areas to Watch

GLRE3 concerns · Avg: 3.0/10
PEG RatioValuation
1.694/10

Expensive relative to growth rate

Market CapQuality
$546.83M3/10

Smaller company, higher risk/reward

EPS GrowthGrowth
-95.8%2/10

Earnings declined 95.8%

SPNT1 concerns · Avg: 2.0/10
Free Cash FlowQuality
$-28.10M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : GLRE

The strongest argument for GLRE centers on P/E Ratio, Price/Book, Revenue Growth. Revenue growth of 39.7% demonstrates continued momentum.

Bull Case : SPNT

The strongest argument for SPNT centers on P/E Ratio, Price/Book, Return on Equity. Profitability is solid with margins at 15.4% and operating margin at 12.7%. Revenue growth of 19.4% demonstrates continued momentum.

Bear Case : GLRE

The primary concerns for GLRE are PEG Ratio, Market Cap, EPS Growth.

Bear Case : SPNT

The primary concerns for SPNT are Free Cash Flow.

Key Dynamics to Monitor

SPNT carries more volatility with a beta of 0.67 — expect wider price swings.

GLRE is growing revenue faster at 39.7% — sustainability is the question.

GLRE generates stronger free cash flow (100M), providing more financial flexibility.

Monitor INSURANCE - REINSURANCE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SPNT scores higher overall (72/100 vs 70/100), backed by strong 15.4% margins and 19.4% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Greenlight Capital Re Ltd

FINANCIAL SERVICES · INSURANCE - REINSURANCE · USA

Greenlight Capital Re, Ltd., is a worldwide property and casualty reinsurance company. The company is headquartered in Grand Cayman, the Cayman Islands.

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Siriuspoint Ltd

FINANCIAL SERVICES · INSURANCE - REINSURANCE · USA

SiriusPoint Ltd. offers specialized P&C reinsurance products to insurance and reinsurance companies around the world. The company is headquartered in Pembroke, Bermuda.

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