AIM:HUW

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Executive Summary

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


Snowflake Analysis

Good value with proven track record.


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

Stable Share Price: HUW is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HUW's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

HUW

-2.2%

GB Insurance

-0.4%

GB Market


1 Year Return

-7.3%

HUW

-7.2%

GB Insurance

-10.0%

GB Market

Return vs Industry: HUW matched the UK Insurance industry which returned -7.3% over the past year.

Return vs Market: HUW exceeded the UK Market which returned -10.1% over the past year.


Shareholder returns

HUWIndustryMarket
7 Day2.1%-2.2%-0.4%
30 Day5.7%26.7%13.6%
90 Day20.3%9.3%6.4%
1 Year-7.3%-7.3%-3.5%-7.2%-6.4%-10.0%
3 Year-3.9%-7.3%-4.8%-21.7%1.6%-10.9%
5 Year-33.4%-39.6%15.4%-14.7%27.5%-1.5%

Long-Term 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 compared to its fair value and its price relative to the market?

6.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HUW (£1.22) is trading above our estimate of fair value (£0.22)

Significantly Below Fair Value: HUW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HUW is good value based on its PE Ratio (6.4x) compared to the GB Insurance industry average (16.9x).

PE vs Market: HUW is good value based on its PE Ratio (6.4x) compared to the UK market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: HUW is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: HUW is good value based on its PB Ratio (0.8x) compared to the GB Insurance industry average (1.3x).


Next Steps

Future Growth

How is Helios Underwriting forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

20.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUW's forecast earnings growth (20% per year) is above the savings rate (1.2%).

Earnings vs Market: HUW's earnings (20% per year) are forecast to grow slower than the UK market (27.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HUW's revenue is expected to decline over the next 3 years (-40.5% per year).

High Growth Revenue: HUW's revenue is forecast to decline over the next 3 years (-40.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HUW's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Helios Underwriting performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUW has a large one-off gain of £3.3M impacting its June 30 2020 financial results.

Growing Profit Margin: HUW's current net profit margins (6.8%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: HUW's earnings have grown significantly by 20.9% per year over the past 5 years.

Accelerating Growth: HUW's earnings growth over the past year (252.5%) exceeds its 5-year average (20.9% per year).

Earnings vs Industry: HUW earnings growth over the past year (252.5%) exceeded the Insurance industry -7.6%.


Return on Equity

High ROE: HUW's Return on Equity (11.8%) is considered low.


Next Steps

Financial Health

How is Helios Underwriting's financial position?


Financial Position Analysis

Short Term Liabilities: HUW's short term assets (£163.7M) exceed its short term liabilities (£160.4M).

Long Term Liabilities: HUW's short term assets (£163.7M) exceed its long term liabilities (£3.7M).


Debt to Equity History and Analysis

Debt Level: HUW's debt to equity ratio (7.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if HUW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HUW's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if HUW's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

5.96%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HUW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HUW'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 HUW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HUW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HUW is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HUW's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average board tenure


CEO

Nigel Hanbury (63 yo)

8.08yrs

Tenure

UK£191,667

Compensation

Mr. Nigel John Hanbury has been the Chief Executive Officer of Helios Underwriting Plc (formerly Hampden Underwriting Plc) since October 2012. Mr. Hanbury served as the Chief Executive Officer of Hampden A...


CEO Compensation Analysis

Compensation vs Market: Nigel's total compensation ($USD255.47K) is about average for companies of similar size in the UK market ($USD344.85K).

Compensation vs Earnings: Nigel's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Nigel Hanbury
Chief Executive & Director8.08yrsUK£191.67k24.07%
£ 5.3m
Arthur Manners
Finance Director & Director4.58yrsUK£154.17k2.02%
£ 440.2k
Jeremy Holt Evans
Independent Non-Executive Directorno dataUK£15.00k0.73%
£ 159.0k
Harold Clunie Cunningham
Independent Non-Executive Chairman of the Board3.42yrsUK£20.00k0.44%
£ 95.6k
Andrew Christie
Independent Non-Executive Director7.33yrsUK£15.00k0.17%
£ 37.8k
Edward Fitzalan-Howard
Independent Non-Executive Director2.83yrsUK£18.00k2.07%
£ 453.0k

4.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: HUW's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

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: 2006
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: UK£21.843m
  • Shares outstanding: 17.98m
  • Website: https://www.huwplc.com

Location

  • Helios Underwriting Plc
  • 40 Gracechurch Street
  • 5th Floor
  • 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 for its shareholders in the Lloyd’s insurance market in the United Kingdom. It operates through Sy...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 18:43
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.