(FIHL) Fidelis Insurance Holdings - Overview
Stock: Property, Marine, Aviation, Cyber, Reinsurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.96% |
| Yield on Cost 5y | 4.08% |
| Yield CAGR 5y | 25.00% |
| Payout Consistency | 100.0% |
| Payout Ratio | 54.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.3% |
| Relative Tail Risk | -5.63% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.62 |
| Alpha | 9.67 |
| Character TTM | |
|---|---|
| Beta | 0.524 |
| Beta Downside | 0.542 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.91% |
| CAGR/Max DD | 0.65 |
Description: FIHL Fidelis Insurance Holdings January 16, 2026
Fidelis Insurance Holdings Ltd. (NYSE: FIHL) is a Bermuda-registered insurer and reinsurer that operates across Bermuda, the Republic of Ireland, and the United Kingdom. The company is split into two operating segments: an Insurance segment that underwrites property, marine, asset-backed finance, portfolio credit, aviation & aerospace, political risk, violence & terror, energy, cyber, and related coverages; and a Re-insurance segment that offers property, retrocession, and whole-account reinsurance solutions.
Key performance indicators from the most recent quarter show a combined ratio of 94.2% in the Insurance segment-a modest improvement over the prior year’s 96.5%-and a 12% year-over-year increase in net written premiums, driven largely by rising demand for cyber and political-risk policies. The reinsurance side posted a 5% growth in retrocession capacity, reflecting broader market appetite for alternative capital in the property line.
Sector-wide, the Property & Casualty market is being shaped by three macro drivers: (1) heightened natural-catastrophe exposure in the Atlantic basin, (2) persistent inflation that inflates loss costs, and (3) the accelerating adoption of digital risk products such as cyber coverage. Fidelis’s diversified product mix and presence in multiple jurisdictions position it to capture premium growth while managing underwriting volatility.
For a deeper dive into FIHL’s valuation metrics and scenario analysis, you may find the research tools on ValueRay useful as a next step.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: -14.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -9.93 > 1.0 |
| NWC/Revenue: 24.51% < 20% (prev 349.3%; Δ -324.8% < -1%) |
| CFO/TA -0.04 > 3% & CFO -511.0m > Net Income -14.5m |
| Net Debt (-49.6m) to EBITDA (34.0m): -1.46 < 3 |
| Current Ratio: 1.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (105.0m) vs 12m ago -8.48% < -2% |
| Gross Margin: 36.76% > 18% (prev 0.24%; Δ 3652 % > 0.5%) |
| Asset Turnover: 20.68% > 50% (prev 18.94%; Δ 1.73% > 0%) |
| Interest Coverage Ratio: -0.17 > 6 (EBITDA TTM 34.0m / Interest Expense TTM 40.8m) |
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 573.3m / Total Assets 12.49b) |
| C: -0.00 (EBIT TTM -6.80m / Avg Total Assets 12.09b) |
| D: 0.06 (Book Value of Equity 614.4m / Total Liabilities 10.07b) |
| Altman-Z'' Score: 0.53 = B |
Beneish M -0.53
| DSRI: 1.04 (Receivables 5.18b/4.42b, Revenue 2.50b/2.21b) |
| GMI: 0.66 (GM 36.76% / 24.19%) |
| AQI: 5.46 (AQ_t 0.65 / AQ_t-1 0.12) |
| SGI: 1.13 (Revenue 2.50b / 2.21b) |
| TATA: 0.04 (NI -14.5m - CFO -511.0m) / TA 12.49b) |
| Beneish M-Score: -0.53 (Cap -4..+1) = D |
What is the price of FIHL shares?
Over the past week, the price has changed by +1.89%, over one month by +0.62%, over three months by +5.21% and over the past year by +19.39%.
Is FIHL a buy, sell or hold?
- StrongBuy: 1
- Buy: 2
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the FIHL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.3 | 9.7% |
| Analysts Target Price | 21.3 | 9.7% |
| ValueRay Target Price | 21.7 | 11.8% |
FIHL Fundamental Data Overview February 01, 2026
P/S = 0.7758
P/B = 0.8051
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 = -951.4m USD (2.00b + Debt 842.9m - CCE 3.79b)
Interest Coverage Ratio = -0.17 (Ebit TTM -6.80m / Interest Expense TTM 40.8m)
EV/FCF = 1.86x (Enterprise Value -951.4m / FCF TTM -512.7m)
FCF Yield = 53.89% (FCF TTM -512.7m / Enterprise Value -951.4m)
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 = -0.08 (set to none) (Enterprise Value -951.4m / 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 = 5.95% (E(2.00b)/V(2.84b) * Re(7.85%) + D(842.9m)/V(2.84b) * Rd(1.79%) * (1-Tc(0.19)))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -23.65%
Fair Price DCF = unknown (Cash Flow -512.7m)
EPS Correlation: -44.51 | EPS CAGR: -18.79% | SUE: -3.43 | # QB: 0
Revenue Correlation: 10.51 | Revenue CAGR: 22.81% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.00 | Chg30d=+0.048 | Revisions Net=+0 | Analysts=5
EPS next Year (2026-12-31): EPS=3.63 | Chg30d=-0.033 | Revisions Net=-5 | Growth EPS=+85.4% | Growth Revenue=+12.4%