FG Nexus (NASDAQ:FGNX) & Allied World Assurance (OTCMKTS:AWHHF) Head to Head Survey

FG Nexus (NASDAQ:FGNX) and Allied World Assurance (OTCMKTS:AWHHF) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.

Institutional and Insider Ownership

3.1% of FG Nexus shares are held by institutional investors. Comparatively, 86.5% of Allied World Assurance shares are held by institutional investors. 38.2% of FG Nexus shares are held by company insiders. Comparatively, 3.2% of Allied World Assurance shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares FG Nexus and Allied World Assurance”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
FG Nexus	$17.35 million	0.38	-$1.15 million	N/A	N/A
Allied World Assurance	N/A	N/A	N/A	N/A	N/A

Allied World Assurance has lower revenue, but higher earnings than FG Nexus.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for FG Nexus and Allied World Assurance, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FG Nexus	1	0	1	0	2.00
Allied World Assurance	0	0	0	0	0.00

Given Allied World Assurance’s higher possible upside, analysts clearly believe Allied World Assurance is more favorable than FG Nexus.

Profitability

This table compares FG Nexus and Allied World Assurance’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
FG Nexus	N/A	-30.02%	-14.24%
Allied World Assurance	N/A	N/A	N/A

About FG Nexus

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.

About Allied World Assurance

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada. The Global Markets Insurance segment includes all of the Company’s direct insurance operations outside of North America. The Company’s reinsurance segment includes the reinsurance of property, general casualty, professional liability, specialty lines and property catastrophe coverage’s written by other reinsurance companies. The Company leases space in Australia, Bermuda, Canada, Hong Kong, Ireland, Labuan, Singapore, the United Kingdom and the United States for the operation of its North American Insurance, Global Markets Insurance and Reinsurance segments.