CNO FINANCIAL GROUP INC (CNO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CNO - US12621E1038 - Common Stock
41.24 USD
+0.1 (+0.24%)
41.24 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to CNO. CNO was compared to 147 industry peers in the Insurance industry. Both the profitability and financial health of CNO have multiple concerns. CNO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CNO had positive earnings in the past year.
In the past year CNO had a positive cash flow from operations.
In the past 5 years CNO has always been profitable.
CNO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CNO's Return On Assets of 0.77% is on the low side compared to the rest of the industry. CNO is outperformed by 65.31% of its industry peers.
CNO has a Return On Equity of 11.29%. This is comparable to the rest of the industry: CNO outperforms 51.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 11.29% | ||
| ROIC | N/A |
ROA(3y)1.25%
ROA(5y)1.24%
ROE(3y)21.43%
ROE(5y)16.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 6.54%, CNO is doing worse than 60.54% of the companies in the same industry.
In the last couple of years the Profit Margin of CNO has declined.
CNO has a Operating Margin of 16.49%. This is in the better half of the industry: CNO outperforms 63.95% of its industry peers.
CNO's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.49% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A |
OM growth 3Y-3.08%
OM growth 5Y9.46%
PM growth 3Y-13.73%
PM growth 5Y-2.56%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for CNO has been reduced compared to 1 year ago.
CNO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CNO is higher compared to a year ago.
2.2 Solvency
CNO has a debt to FCF ratio of 6.04. This is a slightly negative value and a sign of low solvency as CNO would need 6.04 years to pay back of all of its debts.
The Debt to FCF ratio of CNO (6.04) is worse than 65.99% of its industry peers.
A Debt/Equity ratio of 1.55 is on the high side and indicates that CNO has dependencies on debt financing.
CNO's Debt to Equity ratio of 1.55 is on the low side compared to the rest of the industry. CNO is outperformed by 92.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
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 10.36% over the past year.
CNO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.49% yearly.
Looking at the last year, CNO shows a decrease in Revenue. The Revenue has decreased by -1.70% in the last year.
CNO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.35% yearly.
EPS 1Y (TTM)10.36%
EPS 3Y12.53%
EPS 5Y16.49%
EPS Q2Q%16.22%
Revenue 1Y (TTM)-1.7%
Revenue growth 3Y3.34%
Revenue growth 5Y2.35%
Sales Q2Q%4.03%
3.2 Future
CNO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.38% yearly.
Based on estimates for the next years, CNO will show a small growth in Revenue. The Revenue will grow by 3.95% on average per year.
EPS Next Y3.5%
EPS Next 2Y4.79%
EPS Next 3Y7.23%
EPS Next 5Y8.38%
Revenue Next Year3.35%
Revenue Next 2Y3.46%
Revenue Next 3Y3.42%
Revenue Next 5Y3.95%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.68, the valuation of CNO can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CNO indicates a somewhat cheap valuation: CNO is cheaper than 65.99% of the companies listed in the same industry.
CNO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.56.
The Price/Forward Earnings ratio is 9.41, which indicates a very decent valuation of CNO.
CNO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CNO is cheaper than 63.27% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, CNO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.68 | ||
| Fwd PE | 9.41 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CNO is valued a bit cheaper than the industry average as 68.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.86 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CNO does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.76
PEG (5Y)0.59
EPS Next 2Y4.79%
EPS Next 3Y7.23%
5. Dividend
5.1 Amount
CNO has a Yearly Dividend Yield of 1.65%.
CNO's Dividend Yield is comparable with the industry average which is at 2.64.
Compared to an average S&P500 Dividend Yield of 1.87, CNO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
On average, the dividend of CNO grows each year by 8.19%, which is quite nice.
CNO has paid a dividend for at least 10 years, which is a reliable track record.
CNO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.19%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
CNO pays out 22.53% of its income as dividend. This is a sustainable payout ratio.
The dividend of CNO is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP22.53%
EPS Next 2Y4.79%
EPS Next 3Y7.23%
41.24
+0.1 (+0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners96.54%
Inst Owner Change-2.64%
Ins Owners2.28%
Ins Owner Change-2.1%
Market Cap3.93B
Revenue(TTM)4.51B
Net Income(TTM)294.70M
Analysts50.77
Price Target44.27 (7.35%)
Short Float %1.81%
Short Ratio2.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend0.64
Dividend Growth(5Y)8.19%
DP22.53%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.43%
Min EPS beat(2)1.54%
Max EPS beat(2)39.32%
EPS beat(4)3
Avg EPS beat(4)15.53%
Min EPS beat(4)-0.86%
Max EPS beat(4)39.32%
EPS beat(8)6
Avg EPS beat(8)19.9%
EPS beat(12)8
Avg EPS beat(12)11.78%
EPS beat(16)10
Avg EPS beat(16)14.66%
Revenue beat(2)2
Avg Revenue beat(2)18.7%
Min Revenue beat(2)16.5%
Max Revenue beat(2)20.9%
Revenue beat(4)4
Avg Revenue beat(4)12.81%
Min Revenue beat(4)1.91%
Max Revenue beat(4)20.9%
Revenue beat(8)8
Avg Revenue beat(8)16.49%
Revenue beat(12)12
Avg Revenue beat(12)13.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.84%
PT rev (3m)2.36%
EPS NQ rev (1m)1.14%
EPS NQ rev (3m)2.15%
EPS NY rev (1m)8.61%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.68 | ||
| Fwd PE | 9.41 | ||
| P/S | 0.87 | ||
| P/FCF | 5.86 | ||
| P/OCF | 5.86 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.26
EY10.33%
EPS(NY)4.38
Fwd EY10.62%
FCF(TTM)7.04
FCFY17.06%
OCF(TTM)7.04
OCFY17.06%
SpS47.25
BVpS27.38
TBVpS27.38
PEG (NY)2.76
PEG (5Y)0.59
Graham Number51.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 11.29% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 16.49% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A | ||
| FCFM | 14.89% |
ROA(3y)1.25%
ROA(5y)1.24%
ROE(3y)21.43%
ROE(5y)16.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2.15%
ROCE(5y)1.99%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.08%
OM growth 5Y9.46%
PM growth 3Y-13.73%
PM growth 5Y-2.56%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 6.04 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 227.69% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)148.25%
Profit Quality(5y)158.67%
High Growth Momentum
Growth
EPS 1Y (TTM)10.36%
EPS 3Y12.53%
EPS 5Y16.49%
EPS Q2Q%16.22%
EPS Next Y3.5%
EPS Next 2Y4.79%
EPS Next 3Y7.23%
EPS Next 5Y8.38%
Revenue 1Y (TTM)-1.7%
Revenue growth 3Y3.34%
Revenue growth 5Y2.35%
Sales Q2Q%4.03%
Revenue Next Year3.35%
Revenue Next 2Y3.46%
Revenue Next 3Y3.42%
Revenue Next 5Y3.95%
EBIT growth 1Y13.26%
EBIT growth 3Y0.16%
EBIT growth 5Y12.04%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.32%
FCF growth 3Y1.61%
FCF growth 5Y-2.06%
OCF growth 1Y18.32%
OCF growth 3Y1.61%
OCF growth 5Y-2.06%
CNO FINANCIAL GROUP INC / CNO FAQ
What is the ChartMill fundamental rating of CNO FINANCIAL GROUP INC (CNO) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CNO.
Can you provide the valuation status for CNO FINANCIAL GROUP INC?
ChartMill assigns a valuation rating of 5 / 10 to CNO FINANCIAL GROUP INC (CNO). This can be considered as Fairly Valued.
How profitable is CNO FINANCIAL GROUP INC (CNO) stock?
CNO FINANCIAL GROUP INC (CNO) has a profitability rating of 3 / 10.
What are the PE and PB ratios of CNO FINANCIAL GROUP INC (CNO) stock?
The Price/Earnings (PE) ratio for CNO FINANCIAL GROUP INC (CNO) is 9.68 and the Price/Book (PB) ratio is 1.51.
What is the financial health of CNO FINANCIAL GROUP INC (CNO) stock?
The financial health rating of CNO FINANCIAL GROUP INC (CNO) is 1 / 10.