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Helios Underwriting PLC (GB:HUW)
LSE:HUW
UK Market
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Helios Underwriting (HUW) AI Stock Analysis

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GB:HUW

Helios Underwriting

(LSE:HUW)

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Neutral 60 (OpenAI - 4o)
Rating:60Neutral
Price Target:
225.00p
▲(3.21% Upside)
The overall stock score of 60 reflects a balance between the company's undervalued position and its operational challenges. The strong valuation metrics are offset by significant risks in financial performance, particularly in cash flow management. Technical indicators suggest moderate bullish momentum, but the company's ability to address its financial challenges will be critical for future performance.

Helios Underwriting (HUW) vs. iShares MSCI United Kingdom ETF (EWC)

Helios Underwriting Business Overview & Revenue Model

Company DescriptionHelios Underwriting (HUW) is a dynamic provider of insurance and reinsurance services, specializing in the Lloyd's of London market. The company operates primarily in the specialty insurance sector, focusing on niche areas such as marine, aviation, and property insurance. HUW is dedicated to offering innovative underwriting solutions and risk management services that cater to a diverse range of clients, including corporations and other insurance entities.
How the Company Makes MoneyHelios Underwriting generates revenue primarily through underwriting profits from the insurance and reinsurance policies it writes. The company earns money by collecting premiums from policyholders, which are then invested to generate further income. Key revenue streams include the underwriting of specialty insurance products, fees from managing syndicates within the Lloyd's market, and investment income from the premiums collected. Strategic partnerships with other insurers and brokers also enhance HUW's market reach and profitability, allowing the company to diversify its risk portfolio and access new customer segments.

Helios Underwriting Financial Statement Overview

Summary
Helios Underwriting shows strengths in operational efficiency and a stable capital structure, but faces significant challenges with revenue volatility and cash flow management. The company's ability to maintain profitability amidst declining revenues and negative cash flows will be crucial for future stability.
Income Statement
45
Neutral
Helios Underwriting has experienced significant revenue volatility, with a sharp decline in revenue growth rate of -85.85% in the latest year. Despite high gross profit margins, the net profit margin has fluctuated, peaking at 51.60% recently due to reduced revenue. The EBIT and EBITDA margins have improved significantly, indicating better operational efficiency, but the overall revenue decline poses a risk.
Balance Sheet
60
Neutral
The company's debt-to-equity ratio has improved over time, indicating a stronger equity position relative to debt. However, the return on equity has been inconsistent, with a recent improvement to 10.73%. The equity ratio remains stable, suggesting a solid capital structure, but the fluctuating ROE highlights potential profitability challenges.
Cash Flow
30
Negative
Helios Underwriting's cash flow situation is concerning, with negative operating and free cash flows in the latest period. The free cash flow growth rate has been negative, and the operating cash flow to net income ratio is zero, indicating cash flow issues despite reported net income. This poses a risk to liquidity and operational sustainability.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue36.00M209.36M149.39M70.58M52.30M
Gross Profit36.00M214.75M111.65M52.64M52.59M
EBITDA26.99M24.30M-4.21M868.00K-746.00K
Net Income18.57M16.37M-2.10M-434.00K301.00K
Balance Sheet
Total Assets243.01M756.60M490.49M341.63M192.62M
Cash, Cash Equivalents and Short-Term Investments28.93M40.91M25.30M24.62M8.49M
Total Debt58.46M59.05M15.00M0.004.00M
Total Liabilities69.89M616.50M373.31M233.88M142.07M
Stockholders Equity173.12M140.10M117.18M107.75M50.55M
Cash Flow
Free Cash Flow-3.68M2.70M-25.66M-20.01M-12.13M
Operating Cash Flow-3.68M3.20M-24.96M-17.02M-11.94M
Investing Cash Flow-1.52M1.06M-107.00K-14.43M1.23M
Financing Cash Flow-7.98M37.25M25.75M47.58M13.17M

Helios Underwriting Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price218.00
Price Trends
50DMA
214.24
Positive
100DMA
216.72
Positive
200DMA
212.86
Positive
Market Momentum
MACD
1.50
Positive
RSI
50.12
Neutral
STOCH
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HUW, the sentiment is Neutral. The current price of 218 is below the 20-day moving average (MA) of 220.20, above the 50-day MA of 214.24, and above the 200-day MA of 212.86, indicating a neutral trend. The MACD of 1.50 indicates Positive momentum. The RSI at 50.12 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:HUW.

Helios Underwriting Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
£5.34B7.5722.59%2.68%6.00%-24.29%
£1.62B8.9615.18%11.44%8.78%-38.83%
£526.57M48.341.39%7.91%15.83%-93.41%
£10.01B12.1965.36%7.17%22.62%106.27%
$18.00B11.429.92%3.81%9.73%1.22%
£155.95M8.612.75%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HUW
Helios Underwriting
218.00
43.04
24.60%
GB:ADM
Admiral
3,268.00
877.64
36.72%
GB:BEZ
Beazley
933.50
199.03
27.10%
GB:LRE
Lancashire Holdings
664.00
123.03
22.74%
HCXLF
Hiscox
18.29
4.67
34.29%
GB:CRE
Conduit Holdings Ltd
343.50
-126.82
-26.96%

Helios Underwriting Corporate Events

Business Operations and StrategyStock BuybackShareholder Meetings
Helios Underwriting Secures Shareholder Approval for Key Resolutions
Positive
Oct 24, 2025

Helios Underwriting plc announced that all resolutions proposed at their General Meeting, including a special resolution for a tender offer to shareholders, were approved. The meeting also saw significant support for increasing the cap on Directors’ fees and authorizing the company to make market purchases of its own shares, indicating strong shareholder backing for Helios’ strategic initiatives.

The most recent analyst rating on (GB:HUW) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Helios Underwriting stock, see the GB:HUW Stock Forecast page.

Executive/Board Changes
Helios Underwriting Announces Key Leadership Appointments
Positive
Oct 21, 2025

Helios Underwriting plc has announced significant leadership changes with the appointment of Louis Tucker as CEO and Joanna Parsons as an Independent Non-Executive Director. Louis Tucker, with over two decades of experience in the Lloyd’s Market, is expected to lead Helios at a pivotal moment, leveraging his expertise in managing and scaling businesses. Joanna Parsons brings extensive experience in strategic and equity analysis, M&A, and financial oversight, which is expected to enhance Helios’s strategic growth and governance.

The most recent analyst rating on (GB:HUW) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Helios Underwriting stock, see the GB:HUW Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Helios Underwriting Hosts Capital Markets Day to Showcase Strategy and Leadership
Neutral
Oct 21, 2025

Helios Underwriting plc is hosting a Capital Markets Day to engage with investors and analysts, featuring presentations on its business model, financials, and portfolio strategy. The event will introduce the new CEO, Louis Tucker, and provide insights into the company’s syndicate evaluation and strategic use of stochastic analysis, although no new material information or trading updates will be disclosed.

The most recent analyst rating on (GB:HUW) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Helios Underwriting stock, see the GB:HUW Stock Forecast page.

Stock BuybackFinancial Disclosures
Helios Underwriting Plans £7.3 Million Shareholder Return via Tender Offer
Positive
Sep 29, 2025

Helios Underwriting plc has announced a proposed return of up to £7.3 million to its shareholders through a tender offer at 238 pence per ordinary share, representing a 16.7% premium to the recent market price. This decision follows strong financial results and favorable underwriting conditions at Lloyd’s, aiming to efficiently return excess capital to shareholders while considering tax implications and equality of treatment.

Business Operations and StrategyExecutive/Board ChangesDividendsFinancial Disclosures
Helios Underwriting Reports Strong Interim Results Amid Favorable Market Conditions
Positive
Sep 29, 2025

Helios Underwriting announced strong interim financial results for the first half of 2025, driven by favorable Lloyd’s market conditions and strategic management. The company reported a 6p increase in net asset value per share and a significant reduction in operating expenses. Helios also declared a total cash dividend of 10 pence per share and expects further profit growth in the second half of the year. The appointment of Louis Tucker as CEO and the focus on digitalization and portfolio management are expected to enhance operational capabilities. Despite challenges from natural disasters in 2024, the company remains optimistic about future returns and continues to unlock shareholder value.

Business Operations and StrategyExecutive/Board Changes
Helios Underwriting Appoints Louis Tucker as CEO
Positive
Sep 19, 2025

Helios Underwriting has appointed Louis Tucker as its new Chief Executive Officer, pending regulatory approval. Tucker, who brings over two decades of experience in the Lloyd’s Market, is expected to enhance Helios’ strategic positioning and shareholder returns with his extensive background in managing and scaling insurance businesses. His appointment is seen as a significant step in strengthening Helios’ portfolio and continuing its track record of outperforming the Lloyd’s market.

Regulatory Filings and Compliance
Helios Underwriting Announces Director’s Share Transaction
Neutral
Sep 1, 2025

Helios Underwriting plc announced that Mr. Nigel Hanbury, Non-Executive Deputy Chairman and Director, along with associated persons, conducted a transaction involving the sale and subsequent purchase of 200,000 ordinary shares at 220 pence per share. This transaction did not alter Mr. Hanbury’s total interest in the company, which remains at 8,907,225 ordinary shares, representing 11.38% of the company’s issued share capital. The transaction was conducted in compliance with the UK Market Abuse Regulation, and it maintains the status quo in terms of Mr. Hanbury’s stake in the company.

Business Operations and StrategyPrivate Placements and Financing
Helios Underwriting Announces Share Sale Under Joint Share Ownership Plan
Neutral
Aug 29, 2025

Helios Underwriting plc announced the sale of ordinary shares under its Joint Share Ownership Plan (JSOP) by a person discharging managerial responsibilities, Nigel Hanbury. The transaction involved the sale of 434,552 shares at £2.02 per share, with proceeds split between Mr. Hanbury and the JSOP Co-Owner. The sale was part of a broader transaction involving loan funding by Helios to the Trust, which was deemed fair and reasonable by independent directors. This transaction impacts the company’s shareholding structure and reflects its ongoing financial strategies.

Regulatory Filings and Compliance
Helios Underwriting Maintains Shareholder Stability Amidst Share Transactions
Neutral
Aug 28, 2025

Helios Underwriting plc announced that Mr. Nigel Hanbury, the Non-Executive Deputy Chairman and Director, along with persons closely associated with him, sold and subsequently purchased the same number of ordinary shares, resulting in no change to their total interest in the company. This transaction, conducted in compliance with UK Market Abuse Regulation, maintains Mr. Hanbury’s stake at 12.18% of the issued share capital, reflecting stability in the company’s shareholder structure.

Business Operations and StrategyFinancial Disclosures
Helios Underwriting Reports Strong Mid-Point Forecasts Amid Strategic Growth
Positive
Aug 26, 2025

Helios Underwriting has announced its mid-point forecasts for its syndicate capacity for the 2023 and 2024 years, reflecting strong financial performance and strategic capital allocation. Despite challenges such as the California wildfires, the company has improved its forecasts, demonstrating pricing adequacy and a disciplined approach, which is expected to continue delivering shareholder returns.

Regulatory Filings and Compliance
Helios Underwriting Announces Total Voting Rights Update
Neutral
Aug 1, 2025

Helios Underwriting plc announced that as of 31 July 2025, its issued share capital consisted of 78,268,186 ordinary shares, with 5,630,255 held in treasury, resulting in a total of 72,637,931 voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 03, 2025