HARTFORD FINANCIAL SVCS GRP (HIG)
US4165151048 - Common Stock
Overall HIG gets a fundamental rating of 5 out of 10. We evaluated HIG against 140 industry peers in the Insurance industry. HIG has an average financial health and profitability rating. HIG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HIG was profitable.
In the past year HIG had a positive cash flow from operations.
In the past 5 years HIG has always been profitable.
In the past 5 years HIG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HIG (3.48%) is better than 72.66% of its industry peers.
HIG's Return On Equity of 17.46% is fine compared to the rest of the industry. HIG outperforms 78.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 17.46% | ||
| ROIC | N/A |
ROA(3y)2.92%
ROA(5y)2.8%
ROE(3y)14.15%
ROE(5y)12.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of HIG (10.79%) is better than 66.91% of its industry peers.
HIG's Profit Margin has been stable in the last couple of years.
The Operating Margin of HIG (14.19%) is better than 62.59% of its industry peers.
In the last couple of years the Operating Margin of HIG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.19% | ||
| PM (TTM) | 10.79% | ||
| GM | N/A |
OM growth 3Y3.85%
OM growth 5Y4.29%
PM growth 3Y6.58%
PM growth 5Y1.28%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HIG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HIG has been reduced compared to 1 year ago.
Compared to 5 years ago, HIG has less shares outstanding
Compared to 1 year ago, HIG has an improved debt to assets ratio.
2.2 Solvency
HIG has a debt to FCF ratio of 1.03. This is a very positive value and a sign of high solvency as it would only need 1.03 years to pay back of all of its debts.
HIG's Debt to FCF ratio of 1.03 is fine compared to the rest of the industry. HIG outperforms 69.06% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that HIG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.28, HIG is in the better half of the industry, outperforming 64.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.03 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.38%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
HIG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.25%, which is quite impressive.
The Earnings Per Share has been growing by 15.53% on average over the past years. This is quite good.
Looking at the last year, HIG shows a quite strong growth in Revenue. The Revenue has grown by 9.43% in the last year.
Measured over the past years, HIG shows a small growth in Revenue. The Revenue has been growing by 5.28% on average per year.
EPS 1Y (TTM)26.25%
EPS 3Y15.52%
EPS 5Y15.53%
EPS growth Q2Q39.29%
Revenue 1Y (TTM)9.43%
Revenue growth 3Y6.12%
Revenue growth 5Y5.28%
Revenue growth Q2Q8.61%
3.2 Future
The Earnings Per Share is expected to grow by 13.85% on average over the next years. This is quite good.
HIG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.38% yearly.
EPS Next Y14.87%
EPS Next 2Y13.99%
EPS Next 3Y13.85%
EPS Next 5YN/A
Revenue Next Year8.45%
Revenue Next 2Y6.92%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.78, the valuation of HIG can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of HIG is on the same level as its industry peers.
HIG is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.91, the valuation of HIG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, HIG is valued a bit cheaper than the industry average as 63.31% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 20.15. HIG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 8.91 |
4.2 Price Multiples
HIG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HIG is cheaper than 74.82% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HIG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.21 | ||
| EV/EBITDA | 5.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as HIG's earnings are expected to grow with 13.85% in the coming years.
PEG (NY)0.72
PEG (5Y)0.69
EPS Next 2Y13.99%
EPS Next 3Y13.85%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.84%.
HIG's Dividend Yield is comparable with the industry average which is at 4.26.
Compared to the average S&P500 Dividend Yield of 2.32, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
On average, the dividend of HIG grows each year by 11.07%, which is quite nice.
HIG has paid a dividend for at least 10 years, which is a reliable track record.
HIG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.07%
Div Incr Years11
Div Non Decr Years14
5.3 Sustainability
20.58% of the earnings are spent on dividend by HIG. This is a low number and sustainable payout ratio.
HIG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.58%
EPS Next 2Y13.99%
EPS Next 3Y13.85%
HARTFORD FINANCIAL SVCS GRP
NYSE:HIG (5/17/2024, 7:04:00 PM)
After market: 103.17 0 (0%)103.17
+1 (+0.98%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap30.51B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.78 | ||
| Fwd PE | 8.91 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.72
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 17.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.19% | ||
| PM (TTM) | 10.79% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)26.25%
EPS 3Y15.52%
EPS 5Y
EPS growth Q2Q
EPS Next Y14.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.43%
Revenue growth 3Y6.12%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y