Accelerant Holdings (ARX) stock analysis
Close on Nov 11, 2026Market cap $4.32BP/E 71.0Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak1 of 30 checks passed
Accelerant passes 1 of the 30 checks behind our score; 22 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 0/6
- Financial health
- 0/6
- Dividend
- 0/6
What stands out
Growing faster than the industry
Revenue grew 35.3% over the last twelve months; the Insurance Agents, Brokers, and Service median is 13.8%.
What to watch
Margin of safety under 20%
The price is 61.4% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $19.87 is above our fair value estimate of $12.31.
P/E above the industry
Accelerant's P/E of 71.0 is above the Insurance Agents, Brokers, and Service median of 30.1.
Guidance lowered
Accelerant lowered its second quarter of 2026 Third-Party Direct Written Premium outlook on May 13, 2026.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E above the industry
Accelerant's P/E of 71.0 is above the Insurance Agents, Brokers, and Service median of 30.1.
P/S above the industry
Accelerant's price-to-sales of 3.73 is above the Insurance Agents, Brokers, and Service median of 3.43.
P/B above the industry
Accelerant's price-to-book of 5.90 is above the Insurance Agents, Brokers, and Service median of 4.81.
Trading above fair value
The share price of $19.87 is above our fair value estimate of $12.31.
Margin of safety under 20%
The price is 61.4% above fair value, so there is no margin of safety.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 35.3% over the last twelve months; the Insurance Agents, Brokers, and Service median is 13.8%.
Guidance lowered
Accelerant lowered its second quarter of 2026 Third-Party Direct Written Premium outlook on May 13, 2026.
Gross margin trend
Banks and insurers do not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on assets
Needs net income and total assets.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest coverage
Interest expense is not reported separately.
Short-term liquidity
Insurers do not split assets into current and non-current.
Bankruptcy risk (Altman Z)
The Altman model does not apply to insurers.
Dividend0/6
No dividend
Accelerant has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$12.31
The share price is 61% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 30.1× | – | 30.1× | $8.43 | 50% |
| P/B | 4.8× | – | 4.8× | $16.19 | 50% |
| Fair value | $12.31 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/B at month end
- Insurance Agents, Brokers, and Service median 4.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $22.70M
- Value traded per 1% price move
- $210.73M
Downside
High risk
- Typical loss in a bad month
- 29.4%
- Volatility (annualized)
- 70%
- Sharpe ratio, 1 year
- 0.82
- Beta to the S&P 500 (5Y)
- 0.36
Typical bad-month loss, week by week
Margins need revenue and profit figures
This company does not report the lines needed to calculate margins.
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +51.5% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2025 | Trend |
|---|---|---|---|---|
| Diluted shares | – | – | 190M |
Cash use needs five years of cash flow figures
Accelerant does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$445.10M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$445.10M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise200M → 190M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → 0.15
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