Hiscox Limited (DI) (HSX)

Sector:

Insurance

Index:

FTSE 100

1,034.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 1,271.00p
  • 52 Week Low: 1,010.00p
  • Currency: UK Pounds
  • Shares Issued: 339.88m
  • Volume: 1,250,744
  • Market Cap: £3,514.31m
  • RiskGrade: 130
  • Beta: 0.86

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend12.50¢12.00¢11.50¢n/a13.75¢
Final Dividend25.00¢24.00¢23.00¢n/an/a
Total Dividend37.50¢36.00¢34.50¢n/a13.75¢
For more dividend details, click here

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 4,483.20 4,273.30 4,269.20 4,033.10 4,030.70
Operating Profit/(Loss) 244.70 (75.70) 240.80 (224.20) 89.60
Profit Before Tax 625.90 275.60 190.80 (268.50) 53.10
Profit After Tax 712.00 253.90 189.50 (293.70) 48.90
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 712.00 253.90 189.50 (293.70) 48.90
Attributable to:          
Equity Holders of Parent Company 712.00 253.90 189.50 (293.70) 48.90
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 206.10¢ 73.80¢ 55.30¢ (91.60¢) 17.20¢
Earnings per Share - Diluted 201.50¢ 72.70¢ 54.70¢ (90.60¢) 16.90¢
Earnings per Share - Adjusted 206.10¢ 73.80¢ 55.30¢ (91.60¢) 17.20¢
Continuing and Discontinued EPS          
Earnings per Share - Basic 206.10¢ 73.80¢ 55.30¢ (91.60¢) 17.20¢
Earnings per Share - Diluted 201.50¢ 72.70¢ 54.70¢ (90.60¢) 16.90¢
Earnings per Share - Adjusted 206.10¢ 73.80¢ 55.30¢ (91.60¢) 17.20¢
           
Dividend per Share 37.50¢ 36.00¢ 34.50¢ n/a 13.75¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Property, Plant & Equipment 130.30 133.10 90.40 109.40 128.40
Intangible Assets 323.90 320.40 313.10 298.90 278.00
Investment Properties n/a n/a n/a n/a n/a
Investments 0.80 5.60 5.70 4.90 8.60
Other Financial Assets 6,574.40 5,812.10 6,041.30 6,116.80 n/a
Insurance/Re-Insurance Assets 2,098.30 2,517.20 3,908.00 n/a n/a
           
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 206.50 160.60 n/a n/a n/a
Cash at Bank & in Hand 1,437.00 1,350.90 1,300.70 1,577.20 1,115.90
Other Current Assets 5.10 4.00 4.90 n/a n/a
Other Assets 284.20 59.10 2,182.40 5,749.00 11,019.90
Total Assets 11,060.50 10,363.00 13,846.50 13,856.20 12,550.80
           
Liabilities          
Insurance Contracts 6,604.00 6,694.30 n/a n/a n/a
Provisions for Risks and Charges n/a n/a n/a n/a n/a
Other Insurance Liabilities n/a n/a 8,868.40 n/a 8,094.50
Borrowings 674.70 636.20 746.70 946.70 728.80
Provisions n/a n/a 0.10 2.70 0.40
Other Liabilities 485.10 397.50 1,692.00 10,552.90 1,537.40
Total Liabilities 7,763.80 7,728.00 11,307.20 11,502.30 10,361.10
           
Net Assets 3,296.70 2,635.00 2,539.30 2,353.90 2,189.70
           
Capital & Reserves          
Share Capital 38.80 38.70 38.70 38.70 34.10
Share Premium Account 528.80 517.60 516.80 516.50 70.50
Other Reserves (195.20) (220.20) (105.30) (86.80) (142.30)
Retained Earnings 2,923.20 2,297.80 2,088.00 1,884.40 2,226.30
Shareholders Funds 3,295.60 2,633.90 2,538.20 2,352.80 2,188.60
           
Minority Interests/Other Equity 1.10 1.10 1.10 1.10 1.10
Total Equity 3,296.70 2,635.00 2,539.30 2,353.90 2,189.70
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 232.10 373.40 16.60 (117.10) 39.50
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (34.20) (81.90) (36.60) (52.70) (97.30)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (128.90) (190.90) (246.20) 592.80 (123.50)
Net Increase/Decrease In Cash 69.00 100.60 (266.20) 423.00 (181.30)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 6.4 18.6 19.6 n/a 104.4
PEG - Adjusted 0.0 0.5 n/a n/a n/a
Earnings per Share Growth - Adjusted 179% 34% n/a n/a -59%
Dividend Cover 5.50 2.05 1.60 n/a 1.25
Revenue per Share 1,297.97p 1,241.77p 12.58p 1,258.13p 1,419.19p
Pre-Tax Profit per Share 181.21p 80.09p 0.56p (83.76p) 18.70p
Operating Margin 5.46% (1.77%) 5.64% (5.56%) 2.22%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 6.4 18.6 1,943.8 n/a 104.4
PEG - Adjusted 0.0 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted 179% 13,121% n/a n/a -59%
Dividend Cover 5.50 2.05 0.02 n/a 1.25
           
Dividend Yield 2.8% 2.6% 3.2% 0.0% 0.8%
Dividend per Share Growth 4.17% 4.35% n/a n/a (67.14%)
Operating Cash Flow per Share 67.20p 108.51p 4.85p (36.53p) 13.91p
Cash Incr/Decr per Share 19.98p 29.23p (0.78p) 131.96p (63.84p)
Net Asset Value per Share (exc. Intangibles) 860.68p 672.60p 649.89p 641.06p 673.10p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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