Flagstone Reinsurance Holdings Limited (NYSE:FSR)
CAPS Rating:
The Company's core business is providing property catastrophe reinsurance coverage to a range of select insurance companies and other reinsurers, primarily on an excess of loss basis.
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Poor fundamentals and the outlook isn't improving.
Please explain what you find poor about the fundamentals.
Poor fundamentals?
The fundamentals are actually pretty good. The company is definitely undervalued.
closed my short out and would go long (7 day mimimun cramping my style) YET ANOTHER example of caps not working...
Fundamentals aren't the same as valuations. A low PE or P/S does not equal low valuations. Their margins aren't very good, they returns on equity and/or assets isn't strong. That's a couple of indicators.