Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. More Details
Questionable track record and overvalued.
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: MHLD is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: MHLD's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: MHLD exceeded the US Insurance industry which returned -5.4% over the past year.
Return vs Market: MHLD exceeded the US Market which returned 19% over the past year.
Long-Term 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
1 year ago | Simply Wall StDo Insiders Own Shares In Maiden Holdings, Ltd. (NASDAQ:MHLD)?
1 year ago | Simply Wall StIntroducing Maiden Holdings (NASDAQ:MHLD), The Stock That Collapsed 96%
1 year ago | Simply Wall StShould You Take Comfort From Insider Transactions At Maiden Holdings, Ltd. (NASDAQ:MHLD)?
Is Maiden Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MHLD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MHLD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MHLD is poor value based on its PE Ratio (19x) compared to the US Insurance industry average (14.2x).
PE vs Market: MHLD is good value based on its PE Ratio (19x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MHLD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MHLD is overvalued based on its PB Ratio (2.8x) compared to the US 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 MHLD’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.
- 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: MHLD has a high level of non-cash earnings.
Growing Profit Margin: MHLD became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MHLD has become profitable over the past 5 years, growing earnings by -41.7% per year.
Accelerating Growth: MHLD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MHLD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (5.9%).
Return on Equity
High ROE: MHLD's Return on Equity (2.1%) is considered low.
How is Maiden Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MHLD's short term assets ($1.5B) exceed its short term liabilities ($204.9M).
Long Term Liabilities: MHLD's short term assets ($1.5B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: MHLD's debt to equity ratio (47.4%) is considered high.
Reducing Debt: MHLD's debt to equity ratio has increased from 29.4% to 47.4% over the past 5 years.
Debt Coverage: MHLD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MHLD's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Maiden Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MHLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MHLD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MHLD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MHLD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MHLD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MHLD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pat Haveron (58 yo)
Mr. Patrick Joseph Haveron, also known as Pat, CPA, serves as Co- Chief Executive Officer of Maiden Holdings, Ltd. Since May 8, 2020. He serves as Director of Maiden Holdings, Ltd. since December 10, 2019....
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD1.88M) is above average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
|CFO, Co-CEO & Director||0.50yr||US$1.88m||1.87% |
|Senior VP||16.83yrs||US$641.72k||0.18% |
|Chief Accounting Officer||no data||US$493.94k||no data|
|Senior Vice President||no data||no data||no data|
|Senior VP||2.08yrs||US$117.86k||no data|
|Senior Vice President of Corporate Development||7.33yrs||no data||no data|
|Senior Vice President of Finance||1.83yrs||US$24.58k||no data|
|President of Maiden Global Holdings Ltd||7.5yrs||no data||no data|
Experienced Management: MHLD's management team is considered experienced (2.1 years average tenure).
|CFO, Co-CEO & Director||0.50yr||US$1.88m||1.87% |
|Non-Executive Chairman of the Board||13.42yrs||no data||7.52% |
|Independent Vice Chairman & Lead Independent Director||2.25yrs||US$195.00k||0.14% |
|Independent Director||13.42yrs||US$165.00k||0.63% |
|Independent Director||13.42yrs||US$165.00k||0.16% |
|Independent Director||0.92yr||US$5.75k||0.064% |
|Independent Director||0.92yr||US$5.75k||0.12% |
Experienced Board: MHLD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
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: MHLD
- Exchange: NasdaqCM
- Founded: 2007
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$204.371m
- Shares outstanding: 84.80m
- 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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 00:30|
|End of Day Share Price||2020/11/23 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.