IGIC
International General Insurance Holdings Ltd.
IGIC's fundamentals are weak: its operating margin fell 2 points to 21% and revenue fell 5.4%. At 9.6x earnings, it's trading in line with its usual 9.1x. Analysts expect earnings to hold roughly steady.
IGIC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
IGIC's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like IGIC.
IGIC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.8x | $14.44 | -40% |
| Forward | 8.6x | $23.89 | — |
| Fair | 9.1x | $22.62 | -5.3% |
| Current | 9.6x | $23.89 | — |
| Expensive | 12x | $29.05 | +22% |
Historical ranges are pointers, not guarantees.
IGIC's PE is in its fair range at 9.6x. On analysts' estimates for next year's earnings, today's price would be 8.6x.
IGIC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect IGIC's profitability to improve, with its earnings and revenue holding steady.
IGIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.78 | +11% |
| Q2 2026 | $2.49 | -9.8% |
| Q1 2026 | $2.77 | +1.8% |
| Q4 2025 | $2.87 | -3.4% |
| Q3 2025 | $2.76 | -9.2% |
| Q2 2025 | $2.76 | +9.1% |
| Q1 2025 | $2.72 | +1.5% |
| Q4 2024 | $2.97 | +16% |
| Q3 2024 | $3.04 | +29% |
IGIC earned $2.49 per share over the past year, down 9.8% from the year before.
IGIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $142.5M | -0.3% |
| Q1 2026 | $125.6M | -7.8% |
| Q4 2025 | $126.4M | +3.3% |
| Q3 2025 | $122.5M | -16% |
| Q2 2025 | $143M | +5.7% |
| Q1 2025 | $136.2M | +10% |
| Q4 2024 | $122.4M | -7.2% |
| Q3 2024 | $145M | +53% |
IGIC's revenue is shrinking: $143M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 15% | -9.5 points |
| Q1 2026 | 18% | -3.6 points |
| Q4 2025 | 24% | +3.3 points |
| Q3 2025 | 27% | +2.5 points |
| Q2 2025 | 24% | -0.6 points |
| Q1 2025 | 21% | -9.2 points |
| Q4 2024 | 21% | -5.3 points |
| Q3 2024 | 25% | +12 points |
IGIC's operating margin was 15% last quarter, down 9.5 points from the same quarter a year ago.
IGIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
IGIC's free cash flow was $0 over the past year, against $0 the year before. Free cash flow isn't a meaningful measure for financial services companies like IGIC.
IGIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +354K shares |
| 1 year | -3.9% | -1.7M shares |
| 3 years | -1% | -446K shares |
| 5 years | -6.3% | -2.8M shares |
| Available history | -12% | -5.8M shares |
IGIC has 43M diluted shares, down 3.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
IGIC hasn't bought back shares in the past year.
IGIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -1.5x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -0.8x | Net Cash |
| Q4 2024 | -1.2x | Net Cash |
| Q3 2024 | -1.1x | Net Cash |
IGIC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like IGIC.
IGIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.3 | Neutral |
| Stochastic | 8.8 | Oversold |
IGIC's weekly RSI is 39 (neutral) and its Stochastic is 9 (oversold).
IGIC PE vs Financial Services Sector
| Metric | IGIC | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 13x | 26% below |
| PE % | 65 | 63 | 2 pts above |
IGIC is trading at 9.6x earnings, a 26% discount to the Financial Services sector's median of 13x.
IGIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.4 | 2% below |
| 20 week MA | $26.1 | 8.3% below |
| 50 week MA | $25.4 | 5.9% below |
| 100 week MA | $24.7 | 3.2% below |
| 200 week MA | $18.9 | 26% above |
IGIC has fallen below most of its moving averages, though it's still 26% above its 200-week average.
IGIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.5 | $7.59 | -28% |
| 2021 | $7.59 | $7.74 | +2% |
| 2022 | $7.74 | $8.15 | +5.3% |
| 2023 | $8.15 | $12.9 | +58% |
| 2024 | $12.9 | $23.8 | +85% |
| 2025 | $23.8 | $25.5 | +6.8% |
| 2026 YTD | $25.5 | $23.9 | -6.2% |
IGIC has finished higher in five of the last six years, two of them by more than 50%. It's down 6.2% so far in 2026.