ARX

Accelerant Holdings

Fundamental data last updated:June 3, 2026

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company profile

SECTOR

Financial Services

industry

Insurance - Brokers

Exchange

NYSE

County of HQ

KY

Next Earnings Date

07/17/2026

Business Summary

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.

 


VALUATION

P/E

-2.64

Market Cap ($M USD)

$3.55B

Forward P/E

9.63

PEG

0.08

PRICE TO SALES

4.00

PRICE TO BOOK

5.21

EV / EBITDA

-1.72

5-Year Average P/E

Free Cash Flow Yield

9.21%

DCF Value

$-550.38

Graham Number

N/A

Price to FCF

10.86

EV to FCF

6.53

Earnings Yield

-37.82%

FCF Yield

9.21%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$6.15

Next Year EPS Growth Estimate

$1.69

Next Year Revenue Growth Estimate

$166.90B

Return on Equity (ROE)

-217.05%

FREE CASH FLOW

Operating Margin

-150.54%

Debt-to-Equity

0.17

Piotroski F-Score

4

Altman Z-Score

-0.94

Return on Invested Capital (ROIC)

-129.70%

Current Ratio

0.45

Quick Ratio

0.45

Net Debt to EBITDA

1.14

Interest Coverage

-23.64

Gross Profit margin

65.75%

FCF PER SHARE

$1.47

REVENUE PER SHARE

$4.00

Gainseekers Quantitative Analysis

Summary

ARX Accelerant Holdings presents a perplexing valuation scenario. Despite a Forward P/E of 7.81 suggesting potential value, the negative DCF Value and Graham Number indicate severe mispricing concerns. The Earnings Yield of -46.25% and an Altman Z-score of -0.96 highlight significant financial distress, raising red flags about its long-term viability. The market seems to be pricing in a turnaround, but the current metrics suggest caution. This stock is a high-risk gamble, not a safe haven.

AI Exposure / Tech Reliance

Operating in the insurance brokerage industry, ARX is well-positioned to leverage AI for risk assessment and customer service automation. The sector's increasing reliance on data analytics could enhance underwriting precision and operational efficiency. However, the company's current financial instability may hinder its ability to invest in cutting-edge technologies.

The Bull Case

For the bold investor, ARX offers intriguing prospects. A Forward PEG of 0.06 suggests deep value, while a robust FCF Yield of 14.78% indicates strong cash generation relative to its market cap. The Piotroski F-Score of 4, though moderate, combined with a Gross Profit Margin of 67.13%, points to underlying operational strengths. These metrics hint at potential pricing power and capital efficiency, making it a speculative buy for those betting on a turnaround.

The Bear Case

The bear case is glaringly evident in ARX's financial metrics. A Price/Book ratio of 4.20 and Price/Sales of 3.39 suggest overvaluation, especially given the negative EPS and ROIC of -124.52%. The company's Operating Margin of -152.82% and Return on Equity of -246.37% are disastrous, indicating severe operational inefficiencies. With a Current Ratio of 0.49, liquidity issues loom large, making this stock a precarious choice.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$17.60

Institutional Ownership %

1-Year Beta

-1.52

Insider Buying % (6 Mo)

Distance to 52-Week High

91.64%

Distance to 52-Week Low

43.58%

EARNINGS SURPRISE %

6.25%

50-DAY SMA

$13.92

200-DAY SMA

$15.01

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.