General Overview Maiden Holdings, Ltd. (sometimes referred to as "Maiden Holdings" or "Parent Company") is a Bermuda-based holding company. Together with its subsidiaries (collectively referred to as the "Company", "we" or "Maiden"), Maiden creates shareholder value by actively managing and allocating our assets and capital, including through ownership and management of businesses and assets primarily in the insurance and related financial services industries where we can leverage our deep knowledge of those markets. Current Operations The Company does not presently underwrite prospective reinsurance risks. During 2024, the Company entered into a series of strategic transactions that, upon completion, it expects will substantially transform its operations which are described below.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 42M | - | 89M | 58M | 99M | 184M |
| Net Income | -211M | -201M | -39M | 55M | 118M | 80M |
| EPS | $-2.11 | $-2.01 | $-0.38 | $0.63 | $1.35 | $0.93 |
| Free Cash Flow | 0 | -67M | -60M | -196M | -394M | -542M |
| ROIC | 0.0% | -50.0% | -7.4% | 9.4% | 16.5% | 10.3% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 6.78 | 5.64 | 1.02 | 0.90 | 0.66 | 0.48 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 0 | -24M | - | - | - | - |
| Operating Margin | 0.0% | - | -21.6% | 127.3% | 138.8% | 53.9% |
| ROE | -561.8% | -136.5% | -14.5% | 16.6% | 25.8% | 15.4% |
| Shares Outstanding | 100M | 100M | 101M | 88M | 87M | 86M |
Maiden Holdings, Ltd. passes 0 of 9 quality checks, indicating weak fundamentals.
Total shareholder yield (buybacks) is 0.2%. At current prices, the estimated annualized return to fair value is -20.3%.
Maiden Holdings, Ltd. (MHNC) has a 5-year average return on invested capital (ROIC) of -4.2%. This is below average and may indicate limited pricing power.
Maiden Holdings, Ltd. (MHNC) has a market capitalization of $1.2B. It is classified as a small-cap stock.
Maiden Holdings, Ltd. (MHNC) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.25%.
Maiden Holdings, Ltd. (MHNC) operates in the Fire, Marine & Casualty Insurance industry, within the Financials sector.
Maiden Holdings, Ltd. (MHNC) generated $-67 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Maiden Holdings, Ltd. (MHNC) has a debt-to-equity ratio of 5.64. This indicates higher leverage, which may increase financial risk.
Maiden Holdings, Ltd. (MHNC) reported earnings per share (EPS) of $-2.01 in its most recent fiscal year.
Maiden Holdings, Ltd. (MHNC) has a return on equity (ROE) of -136.5%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 16 years of financial data for Maiden Holdings, Ltd. (MHNC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Maiden Holdings, Ltd. (MHNC) has a book value per share of $0.45, based on its most recent annual SEC filing.