Stock fact sheet · data as of
SiriusPoint Ltd. (SPNT): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Reinsurance · Bermuda · High Growth
Is SPNT undervalued?
At 25.27 (close of 16 Oct 2026), SPNT trades 64% below the GLS average fair value of 69.85. That average comes from 8 models run on the latest filings, and 8 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns SiriusPoint Ltd. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between Lynch (27.70) and GLS Growth (164.71). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files SPNT under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for SPNT
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 56.51 | +124% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 43.59 | +72% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 90.17 | +257% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 27.70 | +10% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 164.71 | +552% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 57.31 | +127% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 70.68 | +180% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 48.13 | +90% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -14.36 | -157% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 30.00 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
SiriusPoint Ltd. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 2.8/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are high - ROIC 14.6%, ROE 18.6%, ROA 3.7% - with debt at 0.28 times equity and a free-cash-flow yield of 8.3%.
SiriusPoint Ltd. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Insurance and Services 57%, Reinsurance 43% (fiscal year FY2025).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 14.6% |
|---|---|---|---|
| GLS Moat | 2.8 / 10 | ROE | 18.6% |
| Debt / equity | 0.28 | ROA | 3.7% |
| Free-cash-flow yield | 8.3% | Payout ratio | 2% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 83: Prime
With a Wheel Score of 83, SiriusPoint Ltd. sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 18/20, Moat 4/15, Premium 20/20, Stability 16/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 43% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 484 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 898k shares a day on a market cap of $2.9B, with a beta of 0.59 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 64% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 4 / 15 | moat 2.8/10 | |
| Premium | 20 / 20 | implied volatility 43% | |
| Stability | 16 / 20 | 898k shares/day, $2.9B cap, beta 0.59 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
SiriusPoint Ltd. reports earnings on 29 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Reinsurance
The 8 companies below are the closest to SiriusPoint Ltd. by market cap within the Insurance - Reinsurance industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HG Hamilton Insurance Group, Ltd. | 35.50 | 123.93 | +71% | 86Prime | $3.5B |
| RNR RenaissanceRe Holdings Ltd. | 339.51 | 1,335.01 | +75% | 77Good | $14.1B |
| EG Everest Group, Ltd. | 381.35 | 943.59 | +60% | 77Good | $14.6B |
| RGA Reinsurance Group of America, Incorporated | 261.05 | 780.85 | +67% | 79Good | $17.0B |
| RZC Reinsurance Group of America, Incorporated | 24.95 | 327.39 | +92% | 39No options | $17.1B |
| GLRE Greenlight Capital Re, Ltd. | 14.74 | 68.25 | +78% | 74Good | $481M |
| KG Kestrel Group Ltd | 4.62 | 45.53 | +90% | 39No options | $36M |
| OXBR Oxbridge Re Holdings Limited | 0.9264 | 1.05 | +11% | 32No options | $8M |
⚖ Compare SPNT with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about SPNT
Is SPNT undervalued right now?
By the GLS models, yes: at 25.27 the stock is 64% below the average fair value of 69.85 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SPNT and what does it mean?
SPNT scores 83 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for SPNT?
69.85 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does SiriusPoint Ltd. report earnings next?
The next earnings report is due on 29 Oct 2026 (after the close), 13 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does SPNT have listed options, and how liquid are they?
Yes. The nightly snapshot found 78 listed contracts with 484 open interest across all expiries and implied volatility of 43% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.