Maiden Holdings, Ltd. 6.625 NT 2046

Maiden Holdings, Ltd. 6.625 NT 2046

MHLAยทNYSE

$11.75

+2.2%
Financial ServicesInsurance - Property & Casualty

Maiden Holdings Ltd. engages in the provision of non-catastrophic, customized reinsurance products and services to small and mid-size insurance companies. It operates through the Diversified Reinsurance and AmTrust Reinsurance segments. The Diversified Reinsurance segment consists of a portfolio of property and casualty reinsurance business. The AmTrust Reinsurance segment includes business ceded by AmTrust to Maiden Bermuda. The company was founded in 2007 and is headquartered in Hamilton, Bermuda.

At a Glance

Live Snapshot
Market Cap$1.02B
EPS-2.0100
P/E Ratio-5.85
Earnings Date09/30/2023
Maiden Holdings, Ltd. 6.625 NT 2046

Maiden Holdings, Ltd. 6.625 NT 2046 Fair Value Envelope

MHLA ยท NYSE

Our analysis suggests that MHLA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.75, this represents a potential HIDDEN relative to our calculated worth for Maiden Holdings, Ltd. 6.625 NT 2046.

Intrinsic Value
Current Price: $11.75

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-$249.1M
+ Cash & Equivalents$34.7M
Firm Value-$214.4M
- Debt$254.8M
Equity Value-$469.1M
/ Shares Outstanding86,620,496B
DCF Value-$5
OVERVALUED BY 146%

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
-$58.8M
-$51.2M
-$44.7M
-$38.9M
-$33.9M
-$29.6M
-$25.8M
-$22.5M
-$19.6M
-$17.1M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
-$58.8M
-$51.2M
-$44.7M
-$38.9M
-$33.9M
-$29.6M
-$25.8M
-$22.5M
-$19.6M
-$17.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$54.4M
-$43.9M
-$35.5M
-$28.6M
-$23.1M
-$18.6M
-$15.0M
-$12.1M
-$9.8M
-$7.9M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.