FIDELIS INSURANCE HOLDINGS L (FIHL) Stock Fundamental Analysis
NYSE:FIHL - New York Stock Exchange, Inc. - BMG3398L1182 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to FIHL. FIHL was compared to 143 industry peers in the Insurance industry. FIHL has only an average score on both its financial health and profitability. FIHL may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
FIHL had positive earnings in the past year.
FIHL had a positive operating cash flow in the past year.
FIHL had positive earnings in each of the past 5 years.
Each year in the past 5 years FIHL had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FIHL (0.96%) is comparable to the rest of the industry.
The Return On Equity of FIHL (4.63%) is worse than 76.92% of its industry peers.
FIHL has a Return On Invested Capital (1.35%) which is in line with its industry peers.
FIHL had an Average Return On Invested Capital over the past 3 years of 9.08%. This is above the industry average of 4.36%.
The last Return On Invested Capital (1.35%) for FIHL is well below the 3 year average (9.08%), which needs to be investigated, but indicates that FIHL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 4.63% | ||
| ROIC | 1.35% |
ROA(3y)9.42%
ROA(5y)7.84%
ROE(3y)38.99%
ROE(5y)30.15%
ROIC(3y)9.08%
ROIC(5y)7.75%
1.3 Margins
With a Profit Margin value of 4.69%, FIHL is not doing good in the industry: 65.03% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of FIHL has declined.
Looking at the Operating Margin, with a value of 6.95%, FIHL is doing worse than 60.14% of the companies in the same industry.
FIHL's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.95% | ||
| PM (TTM) | 4.69% | ||
| GM | N/A |
OM growth 3Y-41.62%
OM growth 5YN/A
PM growth 3Y-46.72%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FIHL is creating some value.
FIHL has less shares outstanding than it did 1 year ago.
Compared to 1 year ago, FIHL has an improved debt to assets ratio.
2.2 Solvency
FIHL has a debt to FCF ratio of 0.83. This is a very positive value and a sign of high solvency as it would only need 0.83 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.83, FIHL is in the better half of the industry, outperforming 68.53% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that FIHL is not too dependend on debt financing.
FIHL has a Debt to Equity ratio of 0.21. This is in the better half of the industry: FIHL outperforms 69.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.83 | ||
| Altman-Z | N/A |
ROIC/WACC0.16
WACC8.22%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FIHL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -94.94%.
Measured over the past years, FIHL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -32.31% on average per year.
The Revenue for FIHL has decreased by -32.69% in the past year. This is quite bad
Measured over the past years, FIHL shows a very strong growth in Revenue. The Revenue has been growing by 26.72% on average per year.
EPS 1Y (TTM)-94.94%
EPS 3Y-32.31%
EPS 5YN/A
EPS Q2Q%-191.3%
Revenue 1Y (TTM)-32.69%
Revenue growth 3Y26.72%
Revenue growth 5YN/A
Sales Q2Q%-12.84%
3.2 Future
Based on estimates for the next years, FIHL will show a very strong growth in Earnings Per Share. The EPS will grow by 39.75% on average per year.
The Revenue is expected to grow by 11.11% on average over the next years. This is quite good.
EPS Next Y127.99%
EPS Next 2Y95.91%
EPS Next 3Y61.78%
EPS Next 5Y39.75%
Revenue Next Year13.48%
Revenue Next 2Y11.29%
Revenue Next 3Y11.11%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.36, the valuation of FIHL can be described as correct.
FIHL's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 24.29, FIHL is valued a bit cheaper.
With a Price/Forward Earnings ratio of 7.18, the valuation of FIHL can be described as very cheap.
Based on the Price/Forward Earnings ratio, FIHL is valued a bit cheaper than the industry average as 76.22% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.42, FIHL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.36 | ||
| Fwd PE | 7.18 |
4.2 Price Multiples
83.22% of the companies in the same industry are more expensive than FIHL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.04 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FIHL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FIHL's earnings are expected to grow with 61.78% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y95.91%
EPS Next 3Y61.78%
5. Dividend
5.1 Amount
FIHL has a Yearly Dividend Yield of 2.48%. Purely for dividend investing, there may be better candidates out there.
FIHL's Dividend Yield is a higher than the industry average which is at 3.24.
Compared to an average S&P500 Dividend Yield of 2.43, FIHL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.48% |
5.2 History
FIHL is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
40.78% of the earnings are spent on dividend by FIHL. This is a bit on the high side, but may be sustainable.
DP40.78%
EPS Next 2Y95.91%
EPS Next 3Y61.78%
16.69
-0.05 (-0.3%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.14%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap1.87B
Analysts73.75
Price Target19.83 (18.81%)
Short Float %1.31%
Short Ratio1.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.48% |
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP40.78%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-175.43%
Min EPS beat(2)-375.85%
Max EPS beat(2)25%
EPS beat(4)2
Avg EPS beat(4)-94.11%
Min EPS beat(4)-375.85%
Max EPS beat(4)25%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-8.26%
Min Revenue beat(2)-21.73%
Max Revenue beat(2)5.2%
Revenue beat(4)1
Avg Revenue beat(4)-11.09%
Min Revenue beat(4)-21.73%
Max Revenue beat(4)5.2%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.42%
PT rev (3m)-10.12%
EPS NQ rev (1m)-31.05%
EPS NQ rev (3m)-147.45%
EPS NY rev (1m)-10.51%
EPS NY rev (3m)-38.17%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.36 | ||
| Fwd PE | 7.18 | ||
| P/S | 0.77 | ||
| P/FCF | 3.04 | ||
| P/OCF | 3.02 | ||
| P/B | 0.76 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.02
EY6.11%
EPS(NY)2.33
Fwd EY13.93%
FCF(TTM)5.49
FCFY32.89%
OCF(TTM)5.53
OCFY33.14%
SpS21.61
BVpS21.91
TBVpS21.91
PEG (NY)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.96% | ||
| ROE | 4.63% | ||
| ROCE | 1.48% | ||
| ROIC | 1.35% | ||
| ROICexc | 1.44% | ||
| ROICexgc | 2.05% | ||
| OM | 6.95% | ||
| PM (TTM) | 4.69% | ||
| GM | N/A | ||
| FCFM | 25.4% |
ROA(3y)9.42%
ROA(5y)7.84%
ROE(3y)38.99%
ROE(5y)30.15%
ROIC(3y)9.08%
ROIC(5y)7.75%
ROICexc(3y)9.99%
ROICexc(5y)8.62%
ROICexgc(3y)13.96%
ROICexgc(5y)11.82%
ROCE(3y)9.93%
ROCE(5y)8.48%
ROICexcg growth 3Y-35.57%
ROICexcg growth 5YN/A
ROICexc growth 3Y-36.57%
ROICexc growth 5YN/A
OM growth 3Y-41.62%
OM growth 5YN/A
PM growth 3Y-46.72%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.83 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.19% | ||
| Interest Coverage | 5.67 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 541.57% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC8.22%
ROIC/WACC0.16
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.53%
Cap/Sales(5y)0.49%
Profit Quality(3y)236.41%
Profit Quality(5y)182.05%
High Growth Momentum
Growth
EPS 1Y (TTM)-94.94%
EPS 3Y-32.31%
EPS 5YN/A
EPS Q2Q%-191.3%
EPS Next Y127.99%
EPS Next 2Y95.91%
EPS Next 3Y61.78%
EPS Next 5Y39.75%
Revenue 1Y (TTM)-32.69%
Revenue growth 3Y26.72%
Revenue growth 5YN/A
Sales Q2Q%-12.84%
Revenue Next Year13.48%
Revenue Next 2Y11.29%
Revenue Next 3Y11.11%
Revenue Next 5YN/A
EBIT growth 1Y-91.95%
EBIT growth 3Y-26.02%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y25.53%
FCF growth 3Y19.9%
FCF growth 5YN/A
OCF growth 1Y24.84%
OCF growth 3Y19.41%
OCF growth 5YN/A