Obermatt

Hiscox

LSE:HSX · BMG4593F1389
InsuranceLarge

360

35
EV / EBIT60
Price / Owner Earnings43
Owner Earnings Yield59
Dividend Yield65
Price/Sales57
EV / Gross Profit28
Price/Book34
Returns on capital51
Profit margins71
Cash Conversion1
Accruals20
Owner Earnings Margin76
Sales growth38
Profit Growth62
Long-Term EPS Growth88
Owner Earnings Growth36
Reinvestment62
Price momentum85
Debt load34
Debt serviceability81
Liquidity42
Analyst ratings64
Opinion Changes43
Price Target Upside8
Market mood69
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hiscox clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryBermuda
IndustryInsurance
SizeLarge
TypePublic Company
ExchangeLSE
Employees2,644
ISINBMG4593F1389
Last UpdateApr 2, 2026

Description

Hiscox Ltd is an insurer that operates in multiple segments of the insurance market, providing a diverse range of insurance products tailored for businesses and personal clients. The company is structured into several business segments that reflect i…

Analysis

Middle-of-the-road

Hiscox Ltd is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 11.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 11%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
70
2023202420252026

All-time high

81

Jan 2026

All-time low

56

Mar 2026

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
57
78
76
84
Price/Earnings
29
63
51
32
Price/Book
34
52
46
44
Dividend Yield
65
55
60
61
Value (overall)
41
65
74
69

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →