Overview Dividends

(FIHL) Fidelis Insurance Holdings - Ratings and Ratios

Exchange: NYSE • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG3398L1182

Property, Marine, Aviation, Cyber, Reinsurance

Property & Casualty Insurance
Market Cap in USD: 2,058m

IPO / Inception: 2023-06-29
Return 12m vs S&P 500: -4.67%

EPS (Earnings per Share)

EPS CAGR: 14.11%
EPS Trend: -39.8%

Last SUE: 2.04
Qual. Beats: 2

Revenue

Rev. CAGR: 22.81%
Rev. Trend: 10.5%

Last SUE: -0.02
Qual. Beats: 0

Dividends

Dividend Yield	2.57%
Yield on Cost 5y	4.08%
Yield CAGR 5y	0.00%
Payout Consistency	100.0%
Payout Ratio	40.8%

Risk via 5d forecast
Volatility	30.8%
Value at Risk 5%th	47.5%
Relative Tail Risk	-6.47%

Reward TTM
Sharpe Ratio	0.41
Alpha	1.44
CAGR/Max DD	0.69

Character TTM
Hurst Exponent	0.353
Beta	0.527
Beta Downside	0.578

Drawdowns 3y
Max DD	29.91%
Mean DD	11.88%
Median DD	12.17%

Description: FIHL Fidelis Insurance Holdings November 13, 2025

Fidelis Insurance Holdings Limited (NYSE:FIHL) is a Bermuda-based insurer and reinsurer operating in the United Kingdom, the Republic of Ireland, and its home jurisdiction. The company splits its business into an Insurance segment-covering property, marine, asset-backed finance, aviation, political risk, cyber, and other specialty lines-and a Reinsurance segment that provides property, retrocession, and whole-account reinsurance solutions. Established in 2014, Fidelis is headquartered in Pembroke, Bermuda.

Key performance indicators show the firm maintaining a combined ratio around 95% in 2023, reflecting disciplined underwriting, while net written premiums grew roughly 5% year-over-year, driven largely by expanding cyber and political-risk demand. The company’s return on equity hovered near 8%, and its exposure to climate-related catastrophe risk is mitigated by a diversified geographic portfolio and a growing share of retrocession business. Sector-wide, rising natural-disaster frequency and heightened cyber-threat activity are accelerating premium growth for specialty insurers, while a higher interest-rate environment is pressuring reinsurers’ investment returns.

For a deeper dive into FIHL’s valuation metrics and peer comparisons, the ValueRay platform offers a concise, data-driven snapshot you may find useful.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (-14.5m TTM) > 0 and > 6% of Revenue (6% = 150.0m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -9.93pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 24.51% (prev 349.3%; Δ -324.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.04 (>3.0%) and CFO -511.0m <= Net Income -14.5m (YES >=105%, WARN >=100%)

Net Debt (-49.6m) to EBITDA (34.0m) ratio: -1.46 <= 3.0 (WARN <= 3.5)

Current Ratio 1.16 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (105.0m) change vs 12m ago -8.48% (target <= -2.0% for YES)

Gross Margin 36.76% (prev 24.19%; Δ 12.57pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 20.68% (prev 18.94%; Δ 1.73pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -0.17 (EBITDA TTM 34.0m / Interest Expense TTM 40.8m) >= 6 (WARN >= 3)

Altman Z'' 0.53

(A) 0.05 = (Total Current Assets 4.42b - Total Current Liabilities 3.81b) / Total Assets 12.49b

(B) 0.05 = Retained Earnings (Balance) 573.3m / Total Assets 12.49b

(D) 0.06 = Book Value of Equity 614.4m / Total Liabilities 10.07b

Total Rating: 0.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 41.82

1. Piotroski 3.50pt

2. FCF Yield 57.64%

3. FCF Margin -20.51%

4. Debt/Equity 0.35

5. Debt/Ebitda -1.46

6. ROIC - WACC (= -6.25)%

7. RoE -0.61%

8. Rev. Trend 10.51%

9. EPS Trend -39.85%

What is the price of FIHL shares?

As of December 29, 2025, the stock is trading at USD 19.48 with a total of 257,485 shares traded.
Over the past week, the price has changed by -0.20%, over one month by +3.14%, over three months by +11.77% and over the past year by +13.19%.

Is FIHL a buy, sell or hold?

Fidelis Insurance Holdings has received a consensus analysts rating of 3.33. Therefor, it is recommend to hold FIHL.

Strong Buy: 1
Buy: 2
Hold: 5
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the FIHL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	20.8	6.7%
Analysts Target Price	20.8	6.7%
ValueRay Target Price	21.3	9.3%

FIHL Fundamental Data Overview December 25, 2025

Market Cap USD = 2.06b (2.06b USD * 1.0 USD.USD)
P/E Forward = 6.1463
P/S = 0.7999
P/B = 0.8371
Beta = 0.243
Revenue TTM = 2.50b USD
EBIT TTM = -6.80m USD
EBITDA TTM = 34.0m USD
Long Term Debt = 842.9m USD (from longTermDebt, last quarter)
Short Term Debt = 2.90m USD (from shortTermDebt, last fiscal year)
Debt = 842.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -49.6m USD (from netDebt column, last quarter)
Enterprise Value = -889.6m USD (2.06b + Debt 842.9m - CCE 3.79b)
Interest Coverage Ratio = -0.17 (Ebit TTM -6.80m / Interest Expense TTM 40.8m)
FCF Yield = 57.64% (FCF TTM -512.7m / Enterprise Value -889.6m)
FCF Margin = -20.51% (FCF TTM -512.7m / Revenue TTM 2.50b)
Net Margin = -0.58% (Net Income TTM -14.5m / Revenue TTM 2.50b)
Gross Margin = 36.76% ((Revenue TTM 2.50b - Cost of Revenue TTM 1.58b) / Revenue TTM)
Gross Margin QoQ = 31.24% (prev 9.30%)
Tobins Q-Ratio = -0.07 (set to none) (Enterprise Value -889.6m / Total Assets 12.49b)
Interest Expense / Debt = 1.79% (Interest Expense 15.1m / Debt 842.9m)
Taxrate = 18.84% (30.3m / 160.8m)
NOPAT = -5.52m (EBIT -6.80m * (1 - 18.84%)) [loss with tax shield]
Current Ratio = 1.16 (Total Current Assets 4.42b / Total Current Liabilities 3.81b)
Debt / Equity = 0.35 (Debt 842.9m / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = -1.46 (Net Debt -49.6m / EBITDA 34.0m)
Debt / FCF = 0.10 (negative FCF - burning cash) (Net Debt -49.6m / FCF TTM -512.7m)
Total Stockholder Equity = 2.39b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.12% (Net Income -14.5m / Total Assets 12.49b)
RoE = -0.61% (Net Income TTM -14.5m / Total Stockholder Equity 2.39b)
RoCE = -0.21% (EBIT -6.80m / Capital Employed (Equity 2.39b + L.T.Debt 842.9m))
RoIC = -0.18% (negative operating profit) (NOPAT -5.52m / Invested Capital 3.04b)
WACC = 6.07% (E(2.06b)/V(2.90b) * Re(7.96%) + D(842.9m)/V(2.90b) * Rd(1.79%) * (1-Tc(0.19)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -5.77%
Fair Price DCF = unknown (Cash Flow -512.7m)
EPS Correlation: -39.85 | EPS CAGR: 14.11% | SUE: 2.04 | # QB: 2
Revenue Correlation: 10.51 | Revenue CAGR: 22.81% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.95 | Chg30d=+0.029 | Revisions Net=+3 | Analysts=6
EPS next Year (2026-12-31): EPS=3.66 | Chg30d=+0.041 | Revisions Net=-2 | Growth EPS=+100.5% | Growth Revenue=+9.0%

Additional Sources for FIHL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle