Hiscox Ltd (HSX) - Net Assets
Based on the latest financial reports, Hiscox Ltd (HSX) has net assets worth GBX3.98 Billion GBX (≈ $483.66K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX12.37 Billion ≈ $1.51 Million USD) and total liabilities (GBX8.40 Billion ≈ $1.02 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HSX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.98 Billion |
| % of Total Assets | 32.13% |
| Annual Growth Rate | 14.51% |
| 5-Year Change | 55.53% |
| 10-Year Change | 76.03% |
| Growth Volatility | 61.49 |
Hiscox Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Hiscox Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Hiscox Ltd worth.
Annual Net Assets for Hiscox Ltd (2000–2025)
The table below shows the annual net assets of Hiscox Ltd from 2000 to 2025. Also explore Hiscox Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX3.95 Billion ≈ $480.52K |
+7.03% |
| 2024-12-31 | GBX3.69 Billion ≈ $448.95K |
+11.93% |
| 2023-12-31 | GBX3.30 Billion ≈ $401.11K |
+36.41% |
| 2022-12-31 | GBX2.42 Billion ≈ $294.04K |
-4.83% |
| 2021-12-31 | GBX2.54 Billion ≈ $308.96K |
+7.88% |
| 2020-12-31 | GBX2.35 Billion ≈ $286.40K |
+7.50% |
| 2019-12-31 | GBX2.19 Billion ≈ $266.42K |
-5.50% |
| 2018-12-31 | GBX2.32 Billion ≈ $281.93K |
-2.27% |
| 2017-12-31 | GBX2.37 Billion ≈ $288.48K |
+5.68% |
| 2016-12-31 | GBX2.24 Billion ≈ $272.98K |
-0.95% |
| 2015-12-31 | GBX2.26 Billion ≈ $275.58K |
+0.07% |
| 2014-12-31 | GBX2.26 Billion ≈ $275.39K |
-2.61% |
| 2013-12-31 | GBX2.32 Billion ≈ $282.79K |
-66.78% |
| 2012-12-31 | GBX7.00 Billion ≈ $851.25K |
+258.80% |
| 2011-12-31 | GBX1.95 Billion ≈ $237.25K |
-0.22% |
| 2010-12-31 | GBX1.95 Billion ≈ $237.76K |
+7.78% |
| 2009-12-31 | GBX1.81 Billion ≈ $220.60K |
+30.19% |
| 2008-12-31 | GBX1.39 Billion ≈ $169.45K |
-14.81% |
| 2007-12-31 | GBX1.63 Billion ≈ $198.90K |
+22.33% |
| 2006-12-31 | GBX1.34 Billion ≈ $162.59K |
+34.36% |
| 2005-12-31 | GBX994.58 Million ≈ $121.01K |
+167.65% |
| 2004-12-31 | GBX371.60 Million ≈ $45.21K |
+12.66% |
| 2003-12-31 | GBX329.84 Million ≈ $40.13K |
+17.67% |
| 2002-12-31 | GBX280.30 Million ≈ $34.10K |
+70.10% |
| 2001-12-31 | GBX164.79 Million ≈ $20.05K |
+23.38% |
| 2000-12-31 | GBX133.56 Million ≈ $16.25K |
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Equity Component Analysis
This analysis shows how different components contribute to Hiscox Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24856.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.92 Billion | 99.37% |
| Common Stock | GBX36.81 Million | 0.93% |
| Other Comprehensive Income | GBX-336.32 Million | -8.52% |
| Other Components | GBX324.32 Million | 8.21% |
| Total Equity | GBX3.95 Billion | 100.00% |
Hiscox Ltd Competitors by Market Cap
The table below lists competitors of Hiscox Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arena Group Holdings Inc
NYSE MKT:AREN
|
$72.36 Million |
|
SYNergy ScienTech Corp
TW:6558
|
$72.39 Million |
|
Media Prima Bhd
KLSE:4502
|
$72.41 Million |
|
LITHIUM IONIC CORP.
F:H3N
|
$72.43 Million |
|
Melrose Industries PLC
LSE:MRO
|
$72.31 Million |
|
Tasco Bhd
KLSE:5140
|
$72.31 Million |
|
SSF Home Group Berhad
KLSE:0287
|
$72.31 Million |
|
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS
IS:TURGG
|
$72.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hiscox Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,688,800,000 to 3,948,237,813, a change of 259,437,813 (7.0%).
- Net income of 616,774,201 contributed positively to equity growth.
- Dividend payments of 148,552,633 reduced retained earnings.
- Share repurchases of 328,040,971 reduced equity.
- New share issuances of 5,100,000 increased equity.
- Other comprehensive income increased equity by 54,777,523.
- Other factors increased equity by 59,379,693.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX616.77 Million | +15.62% |
| Dividends Paid | GBX148.55 Million | -3.76% |
| Share Repurchases | GBX328.04 Million | -8.31% |
| Share Issuances | GBX5.10 Million | +0.13% |
| Other Comprehensive Income | GBX54.78 Million | +1.39% |
| Other Changes | GBX59.38 Million | +1.5% |
| Total Change | GBX- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares Hiscox Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 163.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 424.10x to 163.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | GBX4.42 | GBX1873.00 | x |
| 2006-12-31 | GBX4.73 | GBX1873.00 | x |
| 2007-12-31 | GBX5.74 | GBX1873.00 | x |
| 2008-12-31 | GBX5.11 | GBX1873.00 | x |
| 2009-12-31 | GBX6.71 | GBX1873.00 | x |
| 2010-12-31 | GBX7.12 | GBX1873.00 | x |
| 2011-12-31 | GBX7.01 | GBX1873.00 | x |
| 2012-12-31 | GBX7.80 | GBX1873.00 | x |
| 2013-12-31 | GBX7.92 | GBX1873.00 | x |
| 2014-12-31 | GBX7.68 | GBX1873.00 | x |
| 2015-12-31 | GBX7.60 | GBX1873.00 | x |
| 2016-12-31 | GBX7.72 | GBX1873.00 | x |
| 2017-12-31 | GBX8.14 | GBX1873.00 | x |
| 2018-12-31 | GBX8.01 | GBX1873.00 | x |
| 2019-12-31 | GBX7.59 | GBX1873.00 | x |
| 2020-12-31 | GBX7.26 | GBX1873.00 | x |
| 2021-12-31 | GBX7.33 | GBX1873.00 | x |
| 2022-12-31 | GBX6.92 | GBX1873.00 | x |
| 2023-12-31 | GBX9.33 | GBX1873.00 | x |
| 2024-12-31 | GBX10.42 | GBX1873.00 | x |
| 2025-12-31 | GBX11.43 | GBX1873.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hiscox Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.25%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.09x
- Recent ROE (15.62%) is above the historical average (11.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.41% | 6.02% | 0.29x | 4.75x | GBX-15.78 Million |
| 2006 | 24.02% | 16.86% | 0.37x | 3.90x | GBX187.37 Million |
| 2007 | 23.20% | 17.51% | 0.38x | 3.52x | GBX215.80 Million |
| 2008 | 7.45% | 7.07% | 0.27x | 3.93x | GBX-35.58 Million |
| 2009 | 25.02% | 22.00% | 0.33x | 3.40x | GBX272.25 Million |
| 2010 | 14.12% | 14.13% | 0.32x | 3.15x | GBX80.55 Million |
| 2011 | 1.69% | 1.78% | 0.28x | 3.36x | GBX-161.96 Million |
| 2012 | 15.13% | 16.19% | 0.29x | 3.21x | GBX113.84 Million |
| 2013 | 16.87% | 17.59% | 0.30x | 3.15x | GBX159.64 Million |
| 2014 | 14.87% | 15.48% | 0.28x | 3.43x | GBX110.23 Million |
| 2015 | 13.74% | 13.99% | 0.28x | 3.47x | GBX84.59 Million |
| 2016 | 18.54% | 18.92% | 0.27x | 3.65x | GBX191.53 Million |
| 2017 | 1.43% | 1.27% | 0.27x | 4.11x | GBX-203.07 Million |
| 2018 | 5.09% | 4.11% | 0.26x | 4.68x | GBX-113.70 Million |
| 2019 | 2.23% | 1.54% | 0.25x | 5.73x | GBX-169.96 Million |
| 2020 | -12.48% | -9.04% | 0.23x | 5.89x | GBX-528.98 Million |
| 2021 | 7.47% | 5.76% | 0.24x | 5.46x | GBX-64.32 Million |
| 2022 | 10.51% | 8.53% | 0.22x | 5.68x | GBX12.34 Million |
| 2023 | 21.60% | 19.25% | 0.33x | 3.36x | GBX382.44 Million |
| 2024 | 17.00% | 16.47% | 0.34x | 3.05x | GBX258.32 Million |
| 2025 | 15.62% | 11.25% | 0.45x | 3.09x | GBX221.95 Million |
Industry Comparison
This section compares Hiscox Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $1,382,918,667
- Average return on equity (ROE) among peers: 21.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hiscox Ltd (HSX) | GBX3.98 Billion | 8.41% | 2.11x | $72.34 Million |
| Admiral Group PLC (ADM) | $632.90 Million | 47.40% | 5.64x | $131.58 Million |
| Direct Line Insurance Group plc (DLG) | $3.48 Billion | -7.81% | 2.97x | $48.28 Million |
| Personal Group Holdings PLC (PGH) | $33.76 Million | 24.48% | 0.47x | $1.66 Million |
About Hiscox Ltd
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 a… Read more