ASSURANT INC (AIZ) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AIZ - US04621X1081 - Common Stock
228.52 USD
+0.35 (+0.15%)
228.52 USD
0 (0%)
Overall AIZ gets a fundamental rating of 4 out of 10. We evaluated AIZ against 147 industry peers in the Insurance industry. AIZ has a medium profitability rating, but doesn't score so well on its financial health evaluation. AIZ has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AIZ was profitable.
AIZ had a positive operating cash flow in the past year.
AIZ had positive earnings in each of the past 5 years.
AIZ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AIZ has a Return On Assets (2.37%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 14.74%, AIZ is in the better half of the industry, outperforming 69.39% of the companies in the same industry.
AIZ has a Return On Invested Capital of 3.22%. This is comparable to the rest of the industry: AIZ outperforms 59.86% of its industry peers.
AIZ had an Average Return On Invested Capital over the past 3 years of 2.34%. This is below the industry average of 4.52%.
The 3 year average ROIC (2.34%) for AIZ is below the current ROIC(3.22%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 14.74% | ||
| ROIC | 3.22% |
ROA(3y)1.64%
ROA(5y)1.97%
ROE(3y)11.6%
ROE(5y)13.34%
ROIC(3y)2.34%
ROIC(5y)2.2%
1.3 Margins
AIZ has a Profit Margin (6.75%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AIZ has grown nicely.
AIZ has a worse Operating Margin (9.31%) than 63.27% of its industry peers.
AIZ's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.31% | ||
| PM (TTM) | 6.75% | ||
| GM | N/A |
OM growth 3Y0.17%
OM growth 5Y3.56%
PM growth 3Y-21.67%
PM growth 5Y10.86%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AIZ is destroying value.
The number of shares outstanding for AIZ has been reduced compared to 1 year ago.
AIZ has less shares outstanding than it did 5 years ago.
AIZ has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of AIZ is 2.16, which is a good value as it means it would take AIZ, 2.16 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 2.16, AIZ perfoms like the industry average, outperforming 51.70% of the companies in the same industry.
A Debt/Equity ratio of 0.38 indicates that AIZ is not too dependend on debt financing.
AIZ has a Debt to Equity ratio of 0.38. This is comparable to the rest of the industry: AIZ outperforms 41.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 2.16 | ||
| Altman-Z | N/A |
ROIC/WACC0.41
WACC7.95%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.63% over the past year.
The Earnings Per Share has been growing by 14.42% on average over the past years. This is quite good.
Looking at the last year, AIZ shows a small growth in Revenue. The Revenue has grown by 6.95% in the last year.
Measured over the past years, AIZ shows a small growth in Revenue. The Revenue has been growing by 4.52% on average per year.
EPS 1Y (TTM)15.63%
EPS 3Y18.92%
EPS 5Y14.42%
EPS Q2Q%91%
Revenue 1Y (TTM)6.95%
Revenue growth 3Y5.25%
Revenue growth 5Y4.52%
Sales Q2Q%8.89%
3.2 Future
Based on estimates for the next years, AIZ will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.31% on average per year.
The Revenue is expected to grow by 5.33% on average over the next years.
EPS Next Y8.11%
EPS Next 2Y10.89%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue Next Year6.68%
Revenue Next 2Y5.74%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
AIZ is valuated correctly with a Price/Earnings ratio of 12.02.
Compared to the rest of the industry, the Price/Earnings ratio of AIZ is on the same level as its industry peers.
When comparing the Price/Earnings ratio of AIZ to the average of the S&P500 Index (25.98), we can say AIZ is valued rather cheaply.
AIZ is valuated reasonably with a Price/Forward Earnings ratio of 11.16.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AIZ is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AIZ to the average of the S&P500 Index (35.79), we can say AIZ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.02 | ||
| Fwd PE | 11.16 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AIZ is on the same level as its industry peers.
AIZ's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.29 | ||
| EV/EBITDA | 8.5 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.48
PEG (5Y)0.83
EPS Next 2Y10.89%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.56%, AIZ has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.46, AIZ has a dividend in line with its industry peers.
AIZ's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
The dividend of AIZ has a limited annual growth rate of 1.71%.
AIZ has paid a dividend for at least 10 years, which is a reliable track record.
AIZ has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.71%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
19.47% of the earnings are spent on dividend by AIZ. This is a low number and sustainable payout ratio.
AIZ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.47%
EPS Next 2Y10.89%
EPS Next 3Y10.31%
228.52
+0.35 (+0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners96.78%
Inst Owner Change2.02%
Ins Owners0.55%
Ins Owner Change-1.23%
Market Cap11.53B
Revenue(TTM)12.57B
Net Income(TTM)848.80M
Analysts80
Price Target255 (11.59%)
Short Float %1.3%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend3.03
Dividend Growth(5Y)1.71%
DP19.47%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.41%
Min EPS beat(2)12.14%
Max EPS beat(2)32.69%
EPS beat(4)4
Avg EPS beat(4)20.4%
Min EPS beat(4)12.14%
Max EPS beat(4)32.69%
EPS beat(8)8
Avg EPS beat(8)19.38%
EPS beat(12)12
Avg EPS beat(12)25.43%
EPS beat(16)14
Avg EPS beat(16)19.87%
Revenue beat(2)2
Avg Revenue beat(2)0.26%
Min Revenue beat(2)0.14%
Max Revenue beat(2)0.39%
Revenue beat(4)3
Avg Revenue beat(4)0.09%
Min Revenue beat(4)-1.09%
Max Revenue beat(4)0.94%
Revenue beat(8)6
Avg Revenue beat(8)0.81%
Revenue beat(12)10
Avg Revenue beat(12)1%
Revenue beat(16)10
Avg Revenue beat(16)-0.23%
PT rev (1m)3.73%
PT rev (3m)3.73%
EPS NQ rev (1m)5.05%
EPS NQ rev (3m)5.44%
EPS NY rev (1m)0.32%
EPS NY rev (3m)2.31%
Revenue NQ rev (1m)0.91%
Revenue NQ rev (3m)1.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.02 | ||
| Fwd PE | 11.16 | ||
| P/S | 0.92 | ||
| P/FCF | 11.29 | ||
| P/OCF | 9.11 | ||
| P/B | 2 | ||
| P/tB | 4.47 | ||
| EV/EBITDA | 8.5 |
EPS(TTM)19.01
EY8.32%
EPS(NY)20.48
Fwd EY8.96%
FCF(TTM)20.24
FCFY8.86%
OCF(TTM)25.08
OCFY10.98%
SpS249.16
BVpS114.12
TBVpS51.16
PEG (NY)1.48
PEG (5Y)0.83
Graham Number220.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 14.74% | ||
| ROCE | 3.99% | ||
| ROIC | 3.22% | ||
| ROICexc | 3.42% | ||
| ROICexgc | 5.83% | ||
| OM | 9.31% | ||
| PM (TTM) | 6.75% | ||
| GM | N/A | ||
| FCFM | 8.12% |
ROA(3y)1.64%
ROA(5y)1.97%
ROE(3y)11.6%
ROE(5y)13.34%
ROIC(3y)2.34%
ROIC(5y)2.2%
ROICexc(3y)2.49%
ROICexc(5y)2.35%
ROICexgc(3y)4.34%
ROICexgc(5y)4.11%
ROCE(3y)2.9%
ROCE(5y)2.73%
ROICexgc growth 3Y6.82%
ROICexgc growth 5Y13.88%
ROICexc growth 3Y4.87%
ROICexc growth 5Y15.01%
OM growth 3Y0.17%
OM growth 5Y3.56%
PM growth 3Y-21.67%
PM growth 5Y10.86%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 2.16 | ||
| Debt/EBITDA | 1.56 | ||
| Cap/Depr | 100.95% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 89.58% | ||
| Profit Quality | 120.35% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC7.95%
ROIC/WACC0.41
Cap/Depr(3y)101.5%
Cap/Depr(5y)99.54%
Cap/Sales(3y)1.84%
Cap/Sales(5y)1.72%
Profit Quality(3y)146.68%
Profit Quality(5y)154.63%
High Growth Momentum
Growth
EPS 1Y (TTM)15.63%
EPS 3Y18.92%
EPS 5Y14.42%
EPS Q2Q%91%
EPS Next Y8.11%
EPS Next 2Y10.89%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue 1Y (TTM)6.95%
Revenue growth 3Y5.25%
Revenue growth 5Y4.52%
Sales Q2Q%8.89%
Revenue Next Year6.68%
Revenue Next 2Y5.74%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
EBIT growth 1Y12.3%
EBIT growth 3Y5.43%
EBIT growth 5Y8.24%
EBIT Next Year20.03%
EBIT Next 3Y13.01%
EBIT Next 5YN/A
FCF growth 1Y19.89%
FCF growth 3Y23.2%
FCF growth 5Y-3.13%
OCF growth 1Y20.25%
OCF growth 3Y19.46%
OCF growth 5Y-1.17%
ASSURANT INC / AIZ FAQ
What is the fundamental rating for AIZ stock?
ChartMill assigns a fundamental rating of 4 / 10 to AIZ.
What is the valuation status of ASSURANT INC (AIZ) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASSURANT INC (AIZ). This can be considered as Fairly Valued.
Can you provide the profitability details for ASSURANT INC?
ASSURANT INC (AIZ) has a profitability rating of 5 / 10.
What is the valuation of ASSURANT INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ASSURANT INC (AIZ) is 12.02 and the Price/Book (PB) ratio is 2.
Can you provide the dividend sustainability for AIZ stock?
The dividend rating of ASSURANT INC (AIZ) is 6 / 10 and the dividend payout ratio is 19.47%.