Hiscox Ltd (HCXLY) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Hiscox Ltd $34.52, price $51.76, upside -33.3%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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Hiscox Ltd
HCXLY · USOvervalued / MonitorQuality is not strong enough to offset the price risk.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $16.92 – $54.24 · fair‑value band $26.09 – $50.23 · the $51.76 price screens above the $34.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. It operates through Hiscox Retail, Hiscox London Market, and Hiscox Re segments.
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Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. It operates through Hiscox Retail, Hiscox London Market, and Hiscox Re segments. The company offers commercial insurance, such as emerging professions, media and tech, and small business insurance; and personal lines, including high-value homes and fine art, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers. It also provides property insurance; marine, specialty, cyber, and energy insurance; casualty insurance; terrorism, kidnap, and ransom insurance; and other specialty insurance products. In addition, the company offers property and casualty reinsurance services, as well as investment services. Hiscox Ltd was founded in 1901 and is headquartered in Pembroke, Bermuda.
Stock analysis
Hiscox Ltd (HCXLY) currently trades at $51.76, while our model-based Fair Value estimate is $34.52, 33.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $34.52 per share, and 0 of the 6 models we run sit above the $51.76 price.
Bear case: the Dividend Discount group reads lowest at $13.29, and 6 of the 6 models stay below the price. Evidence for this calculation is high.
Scenario range: $26.09 (bear) to $50.23 (bull), the price of $51.76 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hiscox Ltd reported revenue of $5.4B in FY2025 versus $3.1B in FY2021, a compound +14.9%/yr. Reported net income was $606M in FY2025, compounding +33.7%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap $8.9B · P/E ratio 14.8 · P/S ratio 1.66 · EPS (TTM) $3.50 · Dividend yield 1.0% · Net margin 11.2% · Return on equity 15.8% · Return on assets (EBIT) 15.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 52% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at −33%, HCXLY screens richer than that median.
Fair Value models
All 6 models by family
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Set up alert →Quality Score breakdown
Of which business quality 58 · Market factors (momentum, volatility) 76
Revenue & earnings trend
Growth Forecast
HCXLY screens overvalued: fair value 33% below the price. Compare with Chubb Limited →
Earlier news
- Hiscox Ltd's Dividend Analysis
- Hiscox (LSE:HSX) Stock Sees Fair Value Lift As Analysts Raise Price Targets
Compare Hiscox Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Property & Casualty · 116 stocks
Valuation Multiplesvs Insurance - Property & Casualty median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Insurance - Property & Casualty stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Chubb Limited CB | $331.37 | $235.99 | −29% |
| The Progressive Corporation PGR | $209.47 | $160.75 | −23% |
| The Travelers Companies, Inc TRV | $356.51 | $279.78 | −22% |
| The Allstate Corporation ALL | $224.41 | $290.52 | +29% |
| The People's Insurance Company 601319 | ¥7.98 | ¥9.02 | +13% |
| Fairfax Financial Holdings FFH | C$2,219 | C$3,257 | +47% |
| Intact Financial Corporation IFC | C$250.54 | C$167.88 | −33% |
| Cincinnati Financial Corporation CINF | $161.92 | $143.72 | −11% |
| W. R. Berkley Corporation WRB | $67.66 | $47.22 | −30% |
| QBE Insurance Group QBE | A$23.81 | A$13.42 | −44% |
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Key figures of Hiscox Ltd
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