Stock fact sheet · data as of
Hamilton Insurance Group, Ltd. (HG): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Reinsurance · Bermuda · High Growth
Is HG undervalued?
HG has a margin of safety of 71%: the stock closed at 35.50 on 16 Oct 2026 against a GLS average fair value of 123.93. 7 of the 9 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between Lynch (8.54) and GLS Growth (353.39). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files HG under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for HG
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 59.10 | +66% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 60.41 | +70% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 64.67 | +82% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 8.54 | -76% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 353.39 | +895% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 157.61 | +344% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 318.13 | +796% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 29.43 | -17% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 64.14 | +81% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -26.50 | -175% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 36.75 | +4% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Hamilton Insurance Group, Ltd. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 9.1/10 puts HG among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.
Returns on capital are high - ROIC 19.4%, ROE 20.4%, ROA 6.0% - with debt at 0.05 times equity and a free-cash-flow yield of 23.3%.
The dividend yield is high at 5.63% (payout ratio 34%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 7/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 19.4% |
|---|---|---|---|
| GLS Moat | 9.1 / 10 | ROE | 20.4% |
| Debt / equity | 0.05 | ROA | 6.0% |
| Free-cash-flow yield | 23.3% | Payout ratio | 34% |
| Institutions | 7 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 86: Prime
With a Wheel Score of 86, Hamilton Insurance Group, Ltd. sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 13/20, Moat 14/15, Premium 20/20, Stability 14/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 40% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 4,237 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 480k shares a day on a market cap of $3.5B, with a beta of 0.42 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 14 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 71% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 14 / 15 | moat 9.1/10 | |
| Premium | 20 / 20 | implied volatility 40% | |
| Stability | 14 / 20 | 480k shares/day, $3.5B cap, beta 0.42 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Hamilton Insurance Group, Ltd. reports earnings on 29 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Reinsurance
The 8 companies below are the closest to Hamilton Insurance Group, Ltd. by market cap within the Insurance - Reinsurance industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| SPNT SiriusPoint Ltd. | 25.27 | 69.85 | +64% | 83Prime | $2.9B |
| RNR RenaissanceRe Holdings Ltd. | 339.51 | 1,335.01 | +75% | 77Good | $14.1B |
| EG Everest Group, Ltd. | 381.35 | 943.59 | +60% | 77Good | $14.6B |
| RGA Reinsurance Group of America, Incorporated | 261.05 | 780.85 | +67% | 79Good | $17.0B |
| RZC Reinsurance Group of America, Incorporated | 24.95 | 327.39 | +92% | 39No options | $17.1B |
| GLRE Greenlight Capital Re, Ltd. | 14.74 | 68.25 | +78% | 74Good | $481M |
| KG Kestrel Group Ltd | 4.62 | 45.53 | +90% | 39No options | $36M |
| OXBR Oxbridge Re Holdings Limited | 0.9264 | 1.05 | +11% | 32No options | $8M |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about HG
Is HG undervalued right now?
By the GLS models, yes: at 35.50 the stock is 71% below the average fair value of 123.93 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of HG and what does it mean?
HG scores 86 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for HG?
123.93 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Hamilton Insurance Group, Ltd. report earnings next?
The next earnings report is due on 29 Oct 2026 (after the close), 13 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does HG have listed options, and how liquid are they?
Yes. The nightly snapshot found 114 listed contracts with 4,237 open interest across all expiries and implied volatility of 40% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.