Stockopedia | Share Prices, Share News and Company Research

MOMENTUM
Relative Strength (%)
1m
3m
1yr
Volume Change (%)
10d vs 3m
Price vs... (%)
52w High
50d MA
200d MA
vs.
market
vs.
industry
GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
SCREENS PASSED 4
Balance Sheet · Income Statement · Cashflow FINANCIAL SUMMARY
Year End 31st Dec 2007 2008 2009 2010 2011 2012 2013E 2014E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
PEG x
Profitability
Operating Margin %
ROA %
ROCE %
ROE %
Cashflow
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 8th Aug, paid: 19th Sep more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +11.0%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, Hiscox Ltd revenues increased 10% to L1.3B. Net income increased from L21.3M to L207.8M. Revenues reflect International Business segment increase of 17% to L335.8M, UK and Europe segment increase of 8% to L496.8M. Net income benefited from International Business segment income totaling L63.4M vs. loss of L89.1M, London Market segment income increase from L58.9M to L123.2M. more »

HEALTH TREND

BANKRUPTCY RISK

  EARNINGS MANIPULATION RISK

MAGIC FORMULA SCORE
B+
B+

OTHER RATIOS
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %

vs.
market
vs.
industry
RECENT HISTORY
Latest interim period (ended 31st Dec '12) vs. prior year
Sales Growth %
EPS Growth %
3yr Average Annualised
Sales Growth %
EPS Growth %
DPS Growth %

BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: 528.6p (-11.91% below Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +1.3% (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
18 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Hiscox
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 2 3 10 2 1

Named Brokers and Analysts
Jefferies & Company, Inc. Jonny Urwin , Credit Suisse Richard Burden , Keefe, Bruyette & Woods North America , Canaccord Genuity Ben Cohen , Nomura Securities Fahad Changazi , Jefferies International Ltd , Numis Securities Nick Johnson , Peel Hunt Mark Williamson , Collins Stewart & Co , Edison Investment Research Martyn King , Macquarie Research , Berenberg Tom Carstairs , Westhouse Securities Ltd. Joanna Parsons , FinnCap , Shore Capital Stockbrokers Eamonn Flanagan , Espirito Santo Investment Bank Joy Ferneyhough ,

Hiscox Ltd is a holding company. The Company is a specialist insurer that provides insurance and reinsurance services to its clients in Bermuda, the United Sates, the United Kingdom, Guernsey and Europe. The Company's operating segments include, London Market, which consists of the operations of Syndicate 33, excluding the results of the fine art, the United Kingdom regional events coverage and non-United Sates household business; UK and Europe, which includes the operations of Hiscox Insurance Company Limited, the results of Syndicate 33’s fine art, the United Kingdom regional events coverage and non-United Sates household business; International, which includes the operations of Hiscox Insurance Company (Guernsey) Limited, Hiscox Insurance Company (Bermuda) Limited, Hiscox Inc., Hiscox Insurance Company Inc. and Syndicate 3624, excluding the European errors and omissions, fire and aviation business. On March 23, 2011, the Company sold Plexstar Insurance Services Ltd.

Directors: Robert Childs (Chmn.) 61, Bronislaw Masojada (CEO) 51, Stuart Bridges (CFO) 52, Richard Watson (Exec. Dir.) , Jeremy Pinchin (Secy.) ,

No. of Employees: 1,400 No. of Shareholders: n/a


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 351,641,488
Free Float 331.4m (94.2%)
Sector Financials
Industry Insurance
Index FTSE Higher Yield , FTSE 350 Act , FTSE 250 Mid , FT350 Nonlif Ins ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

Address 4th Floor Wessex House,45 Reid Street, HAMILTON, HM 12, Bermuda
Web http://www.hiscox.com/
Phone +1 441 2788300
Contact Kylie O'Connor (Head of Communications)
Registrar Capita Registrars Limited (Huddersfield)
Auditors KPMG Audit

HSX SHARE PRICE PERFORMANCE HSX QUOTE
HSX Share Price GBp
596.5p
Day's Change
-3.5  -0.6%
Traded 4:43pm · Minimum 15 min delayed

LATEST HSX NEWS ANNOUNCEMENTS (delayed)

UPCOMING HSX EVENTS
Monday 29th July, 2013
Hlaf Year 2013 Hiscox Ltd. Earnings Release
Monday 4th November, 2013
Hiscox Ltd. Q3 2013 Interim Management Statement
Monday 24th February, 2014 (estimate)
Preliminary 2013 Hiscox Ltd. Earnings Release

Recent ↓
Thursday 16th May, 2013
Hiscox Ltd. Annual General Meeting
Tuesday 7th May, 2013
Hiscox Ltd Q1 2013 Interim Management Statement
Tuesday 2nd April, 2013
Hiscox Ltd Reverse Split For HSX.L
Tuesday 2nd April, 2013
Dividend For HSX.L
Thursday 28th March, 2013
Hiscox Ltd. Extraordinary General Meeting
Tuesday 19th March, 2013
Hiscox Ltd. at Morgan Stanley European Financials Conference
Monday 25th February, 2013
Preliminary 2012 Hiscox Ltd. Earnings Release
Monday 5th November, 2012
Hiscox Ltd Q3 2012 Interim Management Statement
Wednesday 8th August, 2012
Dividend For HSX.L
Wednesday 8th August, 2012
Dividend For HCXLY.PK


Should you buy HSX

Access HSX Analytics Now!

FREE TRIAL or TAKE THE TOUR