MHNC vs RCAT

Comparison between Maiden Holdings North American Ltd 775 Nts 12012043 (MHNC, Company) and Red Cat Holdings Inc (RCAT, Company).

5-Year PerformanceRCAT has outperformed MHNC, delivering a return of +39.7% compared to -2.5%

MHNC vs RCAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHNC(COMPANY)	RCAT(COMPANY)
Market Cap	$1.31B	$1.30B
Max Drawdown	58.28%	99.76%
Sharpe Ratio	-0.88	0.93
5Y Beta	0.14	2.52
Industry	N/A	Aerospace & Defense
P/E Ratio	-6.18	-16.37
PEG Ratio	-0.01	N/A
Dividend Yield	10.60%	N/A
5Y Dividends CAGR	4.56%	N/A
5Y EPS CAGR	18.84%	5.81%
Debt to Equity	678.14%	0.29%
Free Cash Flow Yield	-7.37%	-3.64%
P/S Ratio	N/A	40.44
P/B Ratio	N/A	9.24

Market Cap

Winner

MHNC

$1.31B

RCAT

$1.30B

Max Drawdown

Winner

MHNC

58.28%

RCAT

99.76%

Sharpe Ratio

MHNC

-0.88

Winner

RCAT

0.93

5Y Beta

Winner

MHNC

0.14

RCAT

2.52

Industry

MHNC

N/A

RCAT

Aerospace & Defense

P/E Ratio

MHNC

-6.18

Winner

RCAT

-16.37

PEG Ratio

MHNC

-0.01

RCAT

N/A

Dividend Yield

MHNC

10.60%

RCAT

N/A

5Y Dividends CAGR

MHNC

4.56%

RCAT

N/A

5Y EPS CAGR

Winner

MHNC

18.84%

RCAT

5.81%

Debt to Equity

MHNC

678.14%

Winner

RCAT

0.29%

Free Cash Flow Yield

MHNC

-7.37%

Winner

RCAT

-3.64%

P/S Ratio

MHNC

N/A

RCAT

40.44

P/B Ratio

MHNC

N/A

RCAT

9.24

MHNC vs RCAT - Historical Returns

Returns include dividend reinvestment.

Period	MHNC	RCAT
1 month	-3.05%	+21.57%
3 months	-13.70%	-15.92%
6 months	-17.31%	+58.10%
1 year	-18.54%	+73.22%
5 years(CAGR)	-2.49%	+39.72%
10 years(CAGR)	+1.49%	-14.16%
Max(CAGR)	+3.61%	-14.16%

MHNC

-3.05%

Winner

RCAT

+21.57%

Winner

MHNC

-13.70%

RCAT

-15.92%

MHNC

-17.31%

Winner

RCAT

+58.10%

MHNC

-18.54%

Winner

RCAT

+73.22%

5Y(CAGR)

MHNC

-2.49%

Winner

RCAT

+39.72%

10Y(CAGR)

Winner

MHNC

+1.49%

RCAT

-14.16%

Max(CAGR)

Winner

MHNC

+3.61%

RCAT

-14.16%

MHNC vs RCAT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	MHNC	RCAT
2026	-16.05%	+38.43%
2025	-0.47%	-33.53%
2024	+5.68%	+1411.76%
2023	+13.11%	-4.60%
2022	-10.47%	-57.08%
2021	+13.55%	-23.11%
2020	+6.69%	+130.77%
2019	+4.60%	-38.89%
2018	+1.98%	-95.00%
2017	-1.35%	-28.57%
2016	+6.93%	N/A
2015	+8.97%	N/A
2014	+34.94%	N/A
2013	-15.14%	N/A

MHNC vs RCAT Drawdown Comparison

The maximum drawdown for MHNC was -32.49%, occurring on Mar 7, 2019. Recovery took 597 trading sessions.

The maximum drawdown for RCAT was -99.76%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current MHNC drawdown is -24.30%. The current RCAT drawdown is -92.40%.

Rank	MHNC	RCAT
#1	-32.49% Aug 7, 2017 - Dec 19, 2019	-99.76% Jan 5, 2018 - Mar 18, 2020
#2	-31.67% Sep 12, 2025 - Mar 20, 2026	-69.92% Sep 22, 2017 - Dec 15, 2017
#3	-29.19% Feb 4, 2020 - May 29, 2020	-67.50% Dec 15, 2017 - Jan 4, 2018
#4	-28.20% Sep 30, 2021 - Dec 13, 2023	N/A
#5	-19.57% Nov 4, 2024 - Aug 13, 2025	N/A
#6	-15.91% Nov 27, 2013 - Feb 14, 2014	N/A
#7	-9.62% Dec 13, 2023 - Oct 18, 2024	N/A
#8	-8.40% Jun 3, 2020 - Aug 11, 2020	N/A
#9	-7.70% Dec 10, 2015 - Feb 25, 2016	N/A
#10	-6.67% Aug 11, 2020 - Nov 23, 2020	N/A
#11	-5.82% Mar 16, 2017 - Jun 27, 2017	N/A
#12	-4.48% Sep 7, 2016 - Dec 27, 2016	N/A
#13	-3.86% Oct 18, 2024 - Oct 28, 2024	N/A
#14	-3.86% Feb 23, 2021 - Mar 16, 2021	N/A
#15	-3.61% Dec 21, 2020 - Jan 13, 2021	N/A