# Sabre Insurance Group plc (SBRE.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services / Insurance. Price 173p, market value 417 millionp.

## Valuation
- **P/E (trailing): 11.5×** (5-yr avg 1575.4×, 3-yr avg 1316.1×). Sabre Insurance Group plc trades at 11.5× trailing earnings, well below its own five-year average of 1575.4×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 9.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.39**. A PEG of 1.39 is in the range usually read as fairly priced for its growth.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 3.9×**. Enterprise value is 3.9× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 8.4%** (5-yr avg 0.1%). Free cash flow equals 8.4% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 8.7%**. The inverse of the P/E: 8.7% of the price is earned each year.

## Profitability
- **Gross margin: 82.8%**. Sabre Insurance Group plc keeps 82.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 36.6%**. 36.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 16.5%**. 16.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.7%**. 14.7% on shareholders' equity is solid.
- **Return on invested capital: 45.4%**. Return on all capital, debt included, is 45.4%: comfortably above what that capital costs.
- **Return on assets: 8.8%**. Each dollar of assets produces 8.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 3.2%** (3-yr 7.6%/yr, 5-yr 4.9%/yr). Revenue grew 3.2% over the last year, against 4.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 7.1%** (3-yr 50.3%/yr, 5-yr -1.3%/yr). Earnings per share rose 7.1%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 31.0%/yr**. Free cash flow has compounded at 31.0% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: 25 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 7.56%** (0p per share, trailing). Sabre Insurance Group plc yields 7.56%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 96%** (133% of free cash flow). 96% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): -3.5%/yr** (1-yr 50.0%). The dividend has not grown over five years.
- **Shareholder yield: 9.3%**. Dividends plus net buybacks return 9.3% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (7 analysts). 7 analysts cover Sabre Insurance Group plc; the consensus is buy, with an average price target of 197p (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 25.6%** (YTD 35.3%, 3-mo 10.8%). The shares are up 25.6% over twelve months including dividends.
- **From 52-week high: -8.6%** (40.3% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.53** (volatility 25%). Beta of 0.53 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SBRE.L · Page: https://foliofundamentals.com/stocks/sbre.l

Not investment advice.