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Accelerant Holdings

ARXยทNYSE

$14.61

-1.9%
Financial ServicesInsurance - Brokers

Accelerant Holdings, together with its subsidiaries, operate a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, the Cayman Islands.

At a Glance

Live Snapshot
Market Cap$3.19B
EPS-7.4900
P/E Ratio-1.95
Earnings Date07/17/2026
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Accelerant Holdings Fair Value Envelope

ARX ยท NYSE

Our analysis suggests that ARX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.61, this represents a potential HIDDEN relative to our calculated worth for Accelerant Holdings.

Intrinsic Value
Current Price: $14.61

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$439.3M
+ Cash & Equivalents$1.8B
Firm Value$2.2B
- Debt$121.3M
Equity Value$2.1B
/ Shares Outstanding218,201,335B
DCF Value$10
OVERVALUED BY 34%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$239.2M
$128.6M
$69.1M
$37.1M
$20.0M
$10.7M
$5.8M
$3.1M
$1.7M
$895.5K
Maintenance CapEx
-$4.5M
-$2.4M
-$1.3M
-$691.0K
-$371.4K
-$199.6K
-$107.3K
-$57.7K
-$31.0K
-$16.7K
Owner Earnings
$234.8M
$126.2M
$67.8M
$36.5M
$19.6M
$10.5M
$5.7M
$3.0M
$1.6M
$878.8K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$217.4M
$108.2M
$53.8M
$26.8M
$13.3M
$6.6M
$3.3M
$1.6M
$818.0K
$407.1K
Terminal Value represents 1.6% of Enterprise Value