(FIHL) Fidelis Insurance Holdings - Ratings and Ratios

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

Property, Casualty, Specialty

FIHL EPS (Earnings per Share)

EPS (Earnings per Share) of FIHL over the last years for every Quarter: "2020-12": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": 0.87, "2023-06": 0.76, "2023-09": 0.76, "2023-12": 1.15, "2024-03": 0.69, "2024-06": 0.46, "2024-09": 0.92, "2024-12": -1.05, "2025-03": -0.41, "2025-06": 0.12,

FIHL Revenue

Revenue of FIHL over the last years for every Quarter: 2020-12: null, 2021-12: null, 2022-03: 350.7, 2022-06: 330.8, 2022-09: 437, 2022-12: 415.8, 2023-03: 411.2, 2023-06: 453.1, 2023-09: 539.9, 2023-12: 548.8, 2024-03: 520, 2024-06: 537.5, 2024-09: 681.3, 2024-12: 680.3, 2025-03: 653.3, 2025-06: 583.5,

Description: FIHL Fidelis Insurance Holdings August 13, 2025

Fidelis Insurance Holdings Limited (NYSE:FIHL) is a Property & Casualty Insurance company based in Bermuda. The companys stock is listed on the New York Stock Exchange under the ticker symbol FIHL.

To evaluate the investment potential of FIHL, we need to examine key performance indicators (KPIs) such as revenue growth, net income margin, and return on equity (RoE). The current RoE is negative, indicating that the company is not generating profits for its shareholders. However, the forward Price-to-Earnings (P/E) ratio is 19.96, suggesting that investors expect the company to return to profitability in the future.

The Property & Casualty Insurance industry is influenced by various economic drivers, including interest rates, GDP growth, and insurance market cycles. A rising interest rate environment can increase investment income for insurance companies, while a growing economy can lead to increased demand for insurance products. Conversely, economic downturns can result in higher claims frequencies and severities, negatively impacting insurers profitability.

To further assess FIHLs prospects, we should analyze its underwriting performance, including metrics such as the combined ratio, loss ratio, and expense ratio. A combined ratio below 100% indicates profitable underwriting, while a ratio above 100% suggests underwriting losses. Additionally, we should examine the companys capital management strategies, including dividend payments, share repurchases, and debt issuance.

By deconstructing FIHLs financials and industry dynamics, we can identify key drivers of the companys stock performance and make informed investment decisions. A thorough analysis of the companys strengths, weaknesses, opportunities, and threats (SWOT analysis) is necessary to determine its potential for long-term success.

FIHL Stock Overview

Market Cap in USD 1,917m
Sub-Industry Property & Casualty Insurance
IPO / Inception 2023-06-29

FIHL Stock Ratings

Growth Rating 46.2%
Fundamental 42.5%
Dividend Rating 36.0%
Return 12m vs S&P 500 -9.50%
Analyst Rating 3.33 of 5

FIHL Dividends

Dividend Yield 12m 2.43%
Yield on Cost 5y 3.64%
Annual Growth 5y 0.00%
Payout Consistency 100.0%
Payout Ratio 40.8%

FIHL Growth Ratios

Growth Correlation 3m 84.3%
Growth Correlation 12m 5.9%
Growth Correlation 5y 54.3%
CAGR 5y 18.85%
CAGR/Max DD 3y (Calmar Ratio) 0.63
CAGR/Mean DD 3y (Pain Ratio) 1.54
Sharpe Ratio 12m 0.33
Alpha 3.20
Beta 0.269
Volatility 29.40%
Current Volume 383.5k
Average Volume 20d 383.5k
Stop Loss 17.9 (-3.3%)
Signal 0.61

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-44.4m TTM) > 0 and > 6% of Revenue (6% = 155.9m TTM)
FCFTA -0.03 (>2.0%) and ΔFCFTA -5.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 23.58% (prev 45.37%; Δ -21.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.03 (>3.0%) and CFO -347.3m <= Net Income -44.4m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
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 (109.1m) change vs 12m ago -7.22% (target <= -2.0% for YES)
Gross Margin 56.38% (prev 13.11%; Δ 43.27pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 20.85% (prev 17.99%; Δ 2.86pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -1.05 (EBITDA TTM -15.1m / Interest Expense TTM 34.6m) >= 6 (WARN >= 3)

Altman Z'' 0.45

(A) 0.05 = (Total Current Assets 4.42b - Total Current Liabilities 3.81b) / Total Assets 12.99b
(B) 0.04 = Retained Earnings (Balance) 458.5m / Total Assets 12.99b
(C) -0.00 = EBIT TTM -36.5m / Avg Total Assets 12.46b
(D) 0.05 = Book Value of Equity 492.4m / Total Liabilities 10.67b
Total Rating: 0.45 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 42.50

1. Piotroski 2.50pt = -2.50
2. FCF Yield 33.46% = 5.0
3. FCF Margin -13.47% = -5.05
4. Debt/Equity 0.36 = 2.44
5. Debt/Ebitda 5.09 = -2.50
6. ROIC - WACC (= -6.25)% = -7.81
7. RoE -1.81% = -0.30
8. Rev. Trend 88.12% = 6.61
9. EPS Trend -67.46% = -3.37

What is the price of FIHL shares?

As of November 06, 2025, the stock is trading at USD 18.51 with a total of 383,526 shares traded.
Over the past week, the price has changed by +3.12%, over one month by -0.16%, over three months by +19.22% and over the past year by +7.63%.

Is Fidelis Insurance Holdings a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Fidelis Insurance Holdings (NYSE:FIHL) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 42.50 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FIHL is around 18.20 USD . This means that FIHL is currently overvalued and has a potential downside of -1.67%.

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 20.5 10.8%
Analysts Target Price 20.5 10.8%
ValueRay Target Price 19.7 6.4%

FIHL Fundamental Data Overview October 27, 2025

Market Cap USD = 1.92b (1.92b USD * 1.0 USD.USD)
P/E Forward = 5.2576
P/S = 0.7351
P/B = 0.8034
Beta = 0.269
Revenue TTM = 2.60b USD
EBIT TTM = -36.5m USD
EBITDA TTM = -15.1m USD
Long Term Debt = 842.6m USD (from longTermDebt, last quarter)
Short Term Debt = 2.90m USD (from shortTermDebt, last fiscal year)
Debt = 842.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -76.8m USD (from netDebt column, last quarter)
Enterprise Value = -1.05b USD (1.92b + Debt 842.6m - CCE 3.81b)
Interest Coverage Ratio = -1.05 (Ebit TTM -36.5m / Interest Expense TTM 34.6m)
FCF Yield = 33.46% (FCF TTM -350.1m / Enterprise Value -1.05b)
FCF Margin = -13.47% (FCF TTM -350.1m / Revenue TTM 2.60b)
Net Margin = -1.71% (Net Income TTM -44.4m / Revenue TTM 2.60b)
Gross Margin = 56.38% ((Revenue TTM 2.60b - Cost of Revenue TTM 1.13b) / Revenue TTM)
Gross Margin QoQ = 8.09% (prev 8.60%)
Tobins Q-Ratio = -0.08 (set to none) (Enterprise Value -1.05b / Total Assets 12.99b)
Interest Expense / Debt = 1.10% (Interest Expense 9.30m / Debt 842.6m)
Taxrate = 11.26% (2.50m / 22.2m)
NOPAT = -32.4m (EBIT -36.5m * (1 - 11.26%)) [loss with tax shield]
Current Ratio = 1.16 (Total Current Assets 4.42b / Total Current Liabilities 3.81b)
Debt / Equity = 0.36 (Debt 842.6m / totalStockholderEquity, last quarter 2.32b)
Debt / EBITDA = 5.09 (negative EBITDA) (Net Debt -76.8m / EBITDA -15.1m)
Debt / FCF = 0.22 (negative FCF - burning cash) (Net Debt -76.8m / FCF TTM -350.1m)
Total Stockholder Equity = 2.45b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.34% (Net Income -44.4m / Total Assets 12.99b)
RoE = -1.81% (Net Income TTM -44.4m / Total Stockholder Equity 2.45b)
RoCE = -1.11% (EBIT -36.5m / Capital Employed (Equity 2.45b + L.T.Debt 842.6m))
RoIC = -1.08% (negative operating profit) (NOPAT -32.4m / Invested Capital 3.00b)
WACC = 5.17% (E(1.92b)/V(2.76b) * Re(7.01%) + D(842.6m)/V(2.76b) * Rd(1.10%) * (1-Tc(0.11)))
Discount Rate = 7.01% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -3.93%
Fair Price DCF = unknown (Cash Flow -350.1m)
EPS Correlation: -67.46 | EPS CAGR: -58.54% | SUE: 2.02 | # QB: 1
Revenue Correlation: 88.12 | Revenue CAGR: 11.09% | SUE: -0.02 | # QB: 0

Additional Sources for FIHL Stock

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