Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers primarily in Europe and internationally.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Maiden Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4OWA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 4OWA exceeded the German Insurance industry which returned -8.8% over the past year.
Return vs Market: 4OWA exceeded the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Maiden Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Maiden Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 4OWA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 4OWA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 4OWA is unprofitable, so we can't compare its PE Ratio to the Insurance industry average.
PE vs Market: 4OWA is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4OWA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4OWA is overvalued based on its PB Ratio (5.8x) compared to the DE Insurance industry average (1x).
How is Maiden Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maiden Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 4OWA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Maiden Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Insurance industry.
How has Maiden Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4OWA is currently unprofitable.
Growing Profit Margin: 4OWA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 4OWA is unprofitable, and losses have increased over the past 5 years at a rate of -59.1% per year.
Accelerating Growth: Unable to compare 4OWA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 4OWA is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (10%).
Return on Equity
High ROE: 4OWA has a negative Return on Equity (-11.26%), as it is currently unprofitable.
How is Maiden Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 4OWA's short term assets ($1.5B) exceed its short term liabilities ($218.6M).
Long Term Liabilities: 4OWA's short term assets ($1.5B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: 4OWA's debt to equity ratio (52.6%) is considered high.
Reducing Debt: 4OWA's debt to equity ratio has increased from 28.2% to 52.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4OWA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4OWA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.7% each year
What is Maiden Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 4OWA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 4OWA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 4OWA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 4OWA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 4OWA is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 4OWA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pat Haveron (58yo)
Mr. Patrick Joseph Haveron, also known as Pat, CPA, serves as Co- Chief Executive Officer of Maiden Holdings, Ltd. Since May 8, 2020. He served as Director of Maiden Holdings, Ltd. since December 10, 2019 ...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD1.88M) is above average for companies of similar size in the German market ($USD473.31K).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
|CFO & Co-CEO||0.17yr||US$1.88m||1.87% $1.8m|
|Senior VP & Chief Actuary||16.5yrs||US$641.72k||0.18% $165.7k|
|Chief Accounting Officer||no data||US$493.94k||no data|
|Senior Vice President||no data||no data||no data|
|Senior VP||1.75yrs||US$117.86k||0.030% $28.6k|
|Senior Vice President of Corporate Development||7yrs||no data||no data|
|Senior Vice President of Finance||1.5yrs||US$24.58k||0.15% $144.5k|
|President of Maiden Global Holdings Ltd||7.17yrs||no data||no data|
Experienced Management: 4OWA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Non-Executive Chairman of the Board||13.08yrs||no data||7.52% $7.1m|
|Vice Chairman & Lead Independent Director||1.92yrs||US$195.00k||0.14% $134.8k|
|Independent Director||13.08yrs||US$165.00k||0.63% $593.5k|
|Independent Director||13.08yrs||US$165.00k||0.16% $147.5k|
|Independent Director||0.58yr||US$5.75k||0.064% $60.4k|
|Independent Director||0.58yr||US$5.75k||0.12% $111.4k|
Experienced Board: 4OWA's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 4OWA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Maiden Holdings, Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Maiden Holdings, Ltd.
- Ticker: 4OWA
- Exchange: DB
- Founded: 2007
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$106.746m
- Listing Market Cap: US$94.395m
- Shares outstanding: 84.72m
- Website: https://www.maiden.bm
Number of Employees
- Maiden Holdings, Ltd.
- Ideation House
- 2nd Floor
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MHLD||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||May 2008|
|4OWA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2008|
|MH.PRA||NYSE (New York Stock Exchange)||PREF SHS SER A||US||USD||Aug 2012|
|MH.PRC||NYSE (New York Stock Exchange)||PFD SHS SER C||US||USD||Nov 2015|
|MH.PRD||NYSE (New York Stock Exchange)||PFD SERIES D||US||USD||Jun 2017|
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to retail clients. Maiden Holdings, Ltd. was founded in 2007 and is headquartered in Pembroke, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 21:31|
|End of Day Share Price||2020/07/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.