AIM:HUW

Stock Analysis Report

Executive Summary

Helios Underwriting Plc, together with its subsidiaries, provides access to a limited liability investment into the Lloyd’s insurance market in the United Kingdom.

Snowflake

Fundamentals

Mediocre balance sheet with moderate growth potential.

Risks

  • Helios Underwriting is not covered by any analysts.

Similar Companies

Share Price & News

How has Helios Underwriting's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

AIM:HUW

-3.4%

GB Insurance

-2.0%

GB Market


1 Year Return

-9.6%

AIM:HUW

-13.9%

GB Insurance

-5.8%

GB Market

HUW outperformed the Insurance industry which returned -14.4% over the past year.

HUW underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.4% over the past year.


Share holder returns

HUWIndustryMarket
7 Day0%-3.4%-2.0%
30 Day-11.3%-13.4%-5.1%
90 Day-13.0%-11.4%-3.3%
1 Year-7.5%-9.6%-9.6%-13.9%-1.5%-5.8%
3 Year-28.0%-32.9%17.2%0.6%17.7%3.9%
5 Year-12.6%-23.2%24.2%-1.8%26.9%0.2%

Price Volatility Vs. Market

How volatile is Helios Underwriting's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Helios Underwriting undervalued based on future cash flows and its price relative to the stock market?

37.48x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Helios Underwriting's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Helios Underwriting's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Helios Underwriting is overvalued based on earnings compared to the GB Insurance industry average.

Helios Underwriting is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Helios Underwriting, we can't assess if its growth is good value.


Price Based on Value of Assets

Helios Underwriting is good value based on assets compared to the GB Insurance industry average.


Next Steps

Future Growth

How is Helios Underwriting expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Helios Underwriting is high growth as no revenue estimate data is available.

Helios Underwriting's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Helios Underwriting's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.

Helios Underwriting's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Helios Underwriting's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Helios Underwriting will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Helios Underwriting performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Helios Underwriting's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Helios Underwriting has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Helios Underwriting has become profitable in the last year making it difficult to compare the GB Insurance industry average.


Return on Equity

Helios Underwriting has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Helios Underwriting used its assets less efficiently than the GB Insurance industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Helios Underwriting improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Helios Underwriting's financial position?


Financial Position Analysis

Helios Underwriting is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Helios Underwriting's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Helios Underwriting's level of debt (43.7%) compared to net worth is high (greater than 40%).

Unable to establish if Helios Underwriting's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (80.8%, greater than 20% of total debt).

Unable to confirm if the interest payments on Helios Underwriting's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 16.4x debt.


Next Steps

Dividend

What is Helios Underwriting's current dividend yield, its reliability and sustainability?

1.28%

Current Dividend Yield


Dividend Yield and Payments Analysis

Helios Underwriting's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.08%).

Helios Underwriting's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.76%).

Helios Underwriting has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Helios Underwriting has only been paying a dividend for 5 years, and since then there has been no growth.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Helios Underwriting's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Nigel Hanbury (62yo)

6.9yrs

Tenure

Mr. Nigel John Hanbury has been the Chief Executive Officer of Helios Underwriting Plc (formerly Hampden Underwriting Plc) since September 28, 2012. Mr. Hanbury served as the Chief Executive Officer of Ham ...


CEO Compensation Analysis

Nigel's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

Insufficient data for Nigel to compare compensation growth.


Board Age and Tenure

2.8yrs

Average Tenure

62.5yo

Average Age

The average tenure for the Helios Underwriting board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Arthur Manners (60yo)

    Finance Director & Director

    • Tenure: 3.3yrs
  • Nigel Hanbury (62yo)

    Chief Executive & Director

    • Tenure: 6.9yrs
  • Martha Blanche. Bruce

    Company Secretary


Board Members

  • Arthur Manners (60yo)

    Finance Director & Director

    • Tenure: 3.3yrs
  • Nigel Hanbury (62yo)

    Chief Executive & Director

  • Jeremy Holt Evans (61yo)

    Non-Executive Director

  • Harold Clunie Cunningham (71yo)

    Non-Executive Chairman of the Board

    • Tenure: 2.2yrs
  • Andrew Christie (63yo)

    Non-Executive Director

    • Tenure: 6.1yrs
  • Edward Fitzalan-Howard (63yo)

    Non-Executive Director

    • Tenure: 1.6yrs

Company Information

Helios Underwriting Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Helios Underwriting Plc
  • Ticker: HUW
  • Exchange: AIM
  • Founded:
  • Industry: multi-line insurance
  • Sector: insurance
  • Market Cap: UK£19.594m
  • Shares outstanding: 17.64m
  • Website: Click here

Location

  • Helios Underwriting Plc
  • 40 Gracechurch Street
  • London
  • Greater London
  • EC3V 0BT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUWAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPSep 2007

Biography

Helios Underwriting Plc, together with its subsidiaries, provides access to a limited liability investment into the Lloyd’s insurance market in the United Kingdom. It operates through Syndicate Participati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 21:07
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.