Financials Fidelis Insurance Holdings Limited

Equities

FIHL

BMG3398L1182

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 04:00:04 2024-07-12 pm EDT			5-day change	1st Jan Change
17.41 ^USD	+1.63%		+9.50%	+37.41%

Jul. 11	JPMorgan Raises Price Target on Fidelis Insurance to $20 From $18.50, Maintains Neutral Rating	MT
Jul. 01	Fidelis Partnership Syndicate Begins Underwriting at Lloyd's	MT

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	1,494	2,043	-	-
Enterprise Value (EV) ¹	1,494	2,043	2,043	2,043
P/E ratio	0.68 x	5.77 x	5.03 x	4.46 x
Yield	-	1.53%	1.64%	1.76%
Capitalization / Revenue	0.42 x	0.84 x	0.72 x	0.64 x
EV / Revenue	0.42 x	0.84 x	0.72 x	0.64 x
EV / EBITDA	-	-	-	-
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	0.61 x	0.74 x	0.66 x	0.58 x
Nbr of stocks (in thousands)	117,915	117,200	-	-
Reference price ²	12.67	17.43	17.43	17.43
Announcement Date	2/29/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	-	3,596	2,425	2,841	3,180
EBITDA	-	-	-	-	-
EBIT	-	-	-	-	-
Operating Margin	-	-	-	-	-
Earnings before Tax (EBT)	-	2,047	-	-	-
Net income ¹	52.6	2,132	353.5	399.9	451.3
Net margin	-	59.3%	14.57%	14.08%	14.19%
EPS ²	0.2400	18.65	3.023	3.467	3.910
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share ²	-	-	0.2667	0.2867	0.3067
Announcement Date	4/14/23	2/29/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	453.2	537.5	553.7	520	519.9	682.5	643.2	574.3	592.4
EBITDA	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	91	-	125.8	-	-	-	144.8	-	-
Net income ¹	83.9	87.7	228.3	81.2	83.26	96.81	98.56	101.3	85.28
Net margin	18.51%	16.32%	41.23%	15.62%	16.01%	14.19%	15.32%	17.64%	14.4%
EPS ²	0.7600	0.7400	1.930	0.6900	0.7039	0.8284	0.8547	0.8849	0.7489
Dividend per Share ²	-	-	-	0.1000	0.0667	0.0667	0.0667	0.0525	-
Announcement Date	8/22/23	11/20/23	2/29/24	5/9/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	18%	14.3%	13.8%	13.7%
ROA (Net income/ Total Assets)	-	23.3%	-	-	-
Assets ¹	-	9,170	-	-	-
Book Value Per Share ²	-	20.80	23.60	26.60	30.00
Cash Flow per Share	-	-	-	-	-
Capex	-	-	-	-	-
Capex / Sales	-	-	-	-	-
Announcement Date	4/14/23	2/29/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Fidelis Insurance Holdings Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

17.43 USD

Average target price

21.57 USD

Spread / Average Target

+23.76%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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