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Helios Underwriting (HUW) AI Stock Analysis

GB:HUW

Helios Underwriting

(LSE:HUW)

Select Model
Rating:70Outperform
Price Target:GBX 286.00â–²(10.00% Upside)
Action:upgraded
Date:08/24/26

The score is primarily supported by attractive valuation (low P/E and a ~3.1% dividend yield) and constructive technical trend (price above major moving averages with positive MACD). Offsetting these positives, financial performance is less reliable due to pronounced volatility in revenue, assets, and cash generation, including multiple years of negative operating cash flow.

Positive Factors
Improved ProfitabilityThe shift from losses to positive earnings across three recent years indicates meaningful improvement in operating performance. If maintained, this stronger profitability can support internal capital generation, improve resilience through the insurance cycle, and provide a more stable base for future investment.
Negative Factors
Revenue VolatilityLarge changes in revenue make it harder to assess the sustainable scale of the business and reduce confidence that recent earnings can persist. For an insurer, unstable revenue can complicate planning, capital allocation, and the ability to distinguish durable performance from cycle-driven results.

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

-20%-10%0%10%20%30%GB:HUW+23.18%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 177.86M
Dividend Yield
2.69%
Average Volume (3M)
33.84K
Price to Earnings (P/E)
6.7
Beta (1Y)
0.45
Revenue Growth
―
EPS Growth
―
Country
UK
Employees
9
Sector
Financial
Sector Strength
68
Industry
Insurance - Diversified

Helios Underwriting Business Overview & Revenue Model

Company Description

Helios Underwriting plc offers its shareholders a means of limited liability investment within the distinguished Lloyd's insurance market in the United Kingdom. The company's operations are divided into three principal areas: Syndicate Participation,...

How the Company Makes Money

null

Helios Underwriting Financial Statement Overview

Summary

Profitability has improved versus earlier loss years with solid positive earnings recently, and leverage appears moderate with a growing equity base. However, revenue, assets, and cash flows are highly volatile (including multiple years of negative operating cash flow and inconsistent free cash flow), which reduces confidence in earnings durability and cash conversion.

Income Statement

63Positive

Balance Sheet

74Positive

Cash Flow

46Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue11.25M1.31M36.00M209.36M149.39M70.58M
Gross Profit11.25M1.31M36.00M214.75M111.65M52.64M
EBITDA33.81M27.02M26.99M24.30M-4.21M868.00K
Net Income27.11M20.55M18.57M16.37M-2.10M-434.00K
Balance Sheet
Total Assets251.19M249.14M243.01M756.60M490.49M341.63M
Cash, Cash Equivalents and Short-Term Investments20.52M28.99M28.93M40.91M25.30M24.62M
Total Debt55.26M54.34M58.46M59.05M15.00M0
Total Liabilities67.04M68.86M69.89M616.50M373.31M233.88M
Stockholders Equity184.15M180.28M173.12M140.10M117.18M107.75M
Cash Flow
Free Cash Flow-5.67M18.32M-3.68M2.70M-25.66M-20.01M
Operating Cash Flow-5.67M19.51M-3.68M3.20M-24.96M-17.02M
Investing Cash Flow-4.50M-1.20M-1.52M1.06M-107.00K-14.43M
Financing Cash Flow-18.86M-18.26M-7.98M37.25M25.75M47.58M

Helios Underwriting Technical Analysis

Technical Analysis SentimentPositive
Last Price260.00

Price Trends

50DMA240.63Positive
100DMA229.81Positive
200DMA215.50Positive

Market Momentum

MACD5.46Positive
RSI71.02Negative
STOCH75.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HUW, the sentiment is Positive. The current price of 260.00 is above the 20-day moving average (MA) of 255.25, above the 50-day MA of 240.63, and above the 200-day MA of 215.50, indicating a bullish trend. The MACD of 5.46 indicates Positive momentum. The RSI at 71.02 is Negative, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HUW.

Helios Underwriting Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

GB:HUW against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:LREGB:LRE83OutperformGBP 1.67B7.1821.73%16.14%-1.60%36.00%
GB:ADMGB:ADM74OutperformGBP 11.83B17.2945.59%4.14%0.12%-15.35%
GB:SBREGB:SBRE72OutperformGBP 415.75M11.3714.67%8.25%-10.22%-5.62%
GB:HUWGB:HUW70OutperformGBP 170.90M6.6714.88%2.69%――
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
GB:HSXGB:HSX67NeutralGBP 5.91B12.9116.17%2.08%4.50%7.58%

* Financial Sector Average

Performance Comparison

0%20%40%GB:HUWGB:ADMGB:LREGB:HSXGB:SBREDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:HUW and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:HUWHelios Underwriting260.0047.9822.63%
GB:ADMAdmiral Group plc3874.00762.3624.50%
GB:LRELancashire Holdings686.50141.7326.02%
GB:HSXHiscox (OTC)1879.00547.0141.07%
GB:SBRESabre Insurance Group plc172.2050.3441.31%

Helios Underwriting Corporate Events

Regulatory Filings and Compliance

Helios Updates Share Capital and Voting Rights Structure

Neutral
Oct 1, 2026

Helios Underwriting has confirmed that as of 30 September 2026 its issued share capital comprised 76,040,011 ordinary shares of £0.10 each, of which 6,534,046 are held in treasury. This leaves 69,505,965 voting rights in issue, a key figure for...

Other

Helios Underwriting Chairman Restructures Shareholding via Bed and SIPP

Neutral
Sep 30, 2026

Helios Underwriting plc disclosed that Non-Executive Chairman John Chambers executed a “Bed and SIPP” transaction on 29 September 2026 involving 150,000 ordinary shares. He sold the shares via Fairburn Continuation Limited and immediately...

Stock BuybackFinancial DisclosuresShareholder Meetings

Helios Underwriting Plans £7.2m Capital Return via Premium Tender Offer

Positive
Sep 29, 2026

Helios Underwriting plc has announced a proposed return of up to £7.2 million to shareholders via a tender offer priced at 269 pence per share, representing a 17.7% premium to the previous day’s middle market closing price. The board, citi...

Business Operations and StrategyStock BuybackDividendsFinancial Disclosures

Helios Underwriting lifts NAV and boosts capital returns on strong Lloyd’s profits

Positive
Sep 29, 2026

Helios Underwriting reported strong interim results for the six months to 30 June 2026, with net asset value total return up 6.5% to 270p per share after a 10p dividend, and profit before tax rising to £11.0m from £4.4m. The company is retu...

Stock BuybackRegulatory Filings and Compliance

Helios Underwriting Buys Back Shares, Tightens Free Float at Lloyd’s-Focused Vehicle

Positive
Sep 21, 2026

Helios Underwriting Plc, the only publicly traded vehicle offering instant access to a diverse portfolio of Lloyd’s of London syndicates, operates as a limited liability investment into the Lloyd’s insurance market. Listed on AIM under ti...

Business Operations and StrategyStock Buyback

Helios Underwriting Tightens Free Float with Latest Share Buyback

Positive
Sep 14, 2026

Helios Underwriting has repurchased 88,297 ordinary shares on AIM between 7 and 11 September 2026 as part of its ongoing share buyback programme, at prices ranging from 227.85p to 233.50p and a volume-weighted average price of 229.34p. The company pl...

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance

Helios Underwriting Adds to Treasury Stock in Ongoing Share Buyback

Positive
Sep 8, 2026

Helios Underwriting has continued its share buyback activity, repurchasing 23,935 ordinary shares between 1 and 4 September 2026 at a volume-weighted average price of 227.70 pence, with trades executed via AIM through Peel Hunt. The shares will be he...

DividendsRegulatory Filings and Compliance

Helios Underwriting Corrects Director Shareholding Disclosure, Confirms Holdings Unchanged

Neutral
Sep 1, 2026

Helios Underwriting, the only publicly traded company providing instant access to a diversified portfolio of Lloyd’s of London syndicates, said it offers investors exposure to the world’s largest insurance market through a limited liabili...

Business Operations and StrategyRegulatory Filings and Compliance

Helios updates share capital and voting rights at Lloyd’s-focused investment vehicle

Neutral
Sep 1, 2026

Helios Underwriting, the only publicly traded vehicle providing instant access to a diversified portfolio of Lloyd’s of London syndicates, reaffirmed its position as a gateway for investors to the global wholesale and reinsurance markets. The c...

Stock Buyback

Helios Underwriting Adds to Treasury Stock in Latest Share Buyback

Positive
Sep 1, 2026

Helios Underwriting, the only publicly listed vehicle giving instant access to a diversified portfolio of Lloyd’s of London syndicates, operates as an AIM-quoted provider of limited liability investments in US and international wholesale and re...

Stock BuybackRegulatory Filings and Compliance

Helios Underwriting Adds to Treasury Stock in Ongoing Buyback

Neutral
Aug 24, 2026

Helios Underwriting Plc has continued its share buyback programme, purchasing 23,500 ordinary shares between 17 and 21 August 2026 at a volume-weighted average price of 224.37 pence through Peel Hunt. The shares will be placed into treasury, leaving...

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance

Helios Underwriting Lifts Capacity of Share Buyback Programme to £2.5m

Positive
Aug 21, 2026

Helios Underwriting Plc has increased the maximum aggregate consideration for its ongoing share buyback programme from £2.0 million to £2.5 million, reinforcing its capital management strategy and potential support for the share price. The...

Stock BuybackRegulatory Filings and Compliance

Helios Underwriting boosts treasury stock with latest share buyback

Positive
Aug 17, 2026

Helios Underwriting has continued its share buyback programme, repurchasing 4,440 ordinary shares between 10 and 14 August 2026 at a price of 222.20 pence per share, with all acquired stock to be held in treasury. Following this transaction, the comp...

Stock BuybackRegulatory Filings and Compliance

Helios Underwriting Adds to Treasury Stock in Latest Share Buyback

Positive
Aug 10, 2026

Helios Underwriting has repurchased 51,510 ordinary shares at prices between 222p and 223p under its ongoing buyback programme, executing the trades via Peel Hunt on AIM. The company intends to hold these shares in treasury, reinforcing capital manag...

Financial DisclosuresRegulatory Filings and Compliance

Helios updates share capital and voting rights at Lloyd’s-focused investment platform

Neutral
Aug 3, 2026

Helios Underwriting plc, the only publicly traded vehicle offering instant access to a diversified portfolio of Lloyd’s of London syndicates, operates as a limited liability investment platform quoted on AIM and primarily targets US and interna...

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance

Helios Underwriting boosts treasury stock with latest share buyback

Positive
Aug 3, 2026

Helios Underwriting has repurchased 97,648 of its own ordinary shares on AIM between 27 and 31 July 2026, at prices ranging from 222p to 223p and a volume-weighted average price of 222.77p. The company plans to hold these shares in treasury, leaving...

Business Operations and StrategyStock Buyback

Helios Underwriting Expands Treasury Stock with Latest Share Buyback

Positive
Aug 3, 2026

Helios Underwriting has continued its share buyback programme, repurchasing 97,648 ordinary shares between 27 and 31 July at prices between 222p and 223p, with a volume-weighted average price of 222.77p. The company plans to hold these shares in trea...

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: Aug 24, 2026