COREBRIDGE FINANCIAL INC (CRBG)
US21871X1090 - Common Stock
CRBG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 100 industry peers in the Financial Services industry. Both the profitability and financial health of CRBG have multiple concerns. CRBG scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year CRBG was profitable.
CRBG had a positive operating cash flow in the past year.
CRBG had positive earnings in each of the past 5 years.
Each year in the past 5 years CRBG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CRBG (-0.31%) is worse than 78.00% of its industry peers.
CRBG has a Return On Equity of -9.19%. This is amonst the worse of the industry: CRBG underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -9.19% | ||
| ROIC | N/A |
ROA(3y)1.44%
ROA(5y)0.9%
ROE(3y)41.14%
ROE(5y)25.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of CRBG has grown nicely.
In the last couple of years the Operating Margin of CRBG has grown nicely.
The Profit Margin and Operating Margin and Gross Margin are not available for CRBG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-15.86%
OM growth 5Y50.59%
PM growth 3Y10.16%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CRBG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CRBG has less shares outstanding
Compared to 1 year ago, CRBG has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CRBG is 8.15, which is on the high side as it means it would take CRBG, 8.15 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.15, CRBG perfoms like the industry average, outperforming 54.00% of the companies in the same industry.
CRBG has a Debt/Equity ratio of 0.88. This is a neutral value indicating CRBG is somewhat dependend on debt financing.
CRBG has a Debt to Equity ratio of 0.88. This is comparable to the rest of the industry: CRBG outperforms 45.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 8.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.34%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CRBG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.02%, which is quite good.
CRBG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.61% yearly.
CRBG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -21.40%.
The Revenue has been growing slightly by 4.36% on average over the past years.
EPS 1Y (TTM)18.02%
EPS 3Y19.61%
EPS 5YN/A
EPS Q2Q%31.43%
Revenue 1Y (TTM)-21.4%
Revenue growth 3Y8.75%
Revenue growth 5Y4.36%
Sales Q2Q%-17.66%
3.2 Future
CRBG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.09% yearly.
Based on estimates for the next years, CRBG will show a small growth in Revenue. The Revenue will grow by 7.61% on average per year.
EPS Next Y18.24%
EPS Next 2Y17.89%
EPS Next 3Y17.2%
EPS Next 5Y16.09%
Revenue Next Year0.92%
Revenue Next 2Y4.37%
Revenue Next 3Y4.5%
Revenue Next 5Y7.61%
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.
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
A Price/Earnings ratio of 6.77 indicates a rather cheap valuation of CRBG.
Compared to the rest of the industry, the Price/Earnings ratio of CRBG indicates a rather cheap valuation: CRBG is cheaper than 89.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CRBG to the average of the S&P500 Index (28.96), we can say CRBG is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.52, the valuation of CRBG can be described as very cheap.
93.00% of the companies in the same industry are more expensive than CRBG, based on the Price/Forward Earnings ratio.
CRBG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 5.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRBG indicates a somewhat cheap valuation: CRBG is cheaper than 74.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CRBG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CRBG's earnings are expected to grow with 17.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y17.89%
EPS Next 3Y17.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.01%, CRBG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.55, CRBG pays a better dividend. On top of this CRBG pays more dividend than 84.00% of the companies listed in the same industry.
CRBG's Dividend Yield is a higher than the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
CRBG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
CRBG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-103.28%
EPS Next 2Y17.89%
EPS Next 3Y17.2%
COREBRIDGE FINANCIAL INC
NYSE:CRBG (11/21/2024, 8:20:54 PM)
After market: 31.47 0 (0%)31.47
+0.83 (+2.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap17.90B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
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)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.77 | ||
| Fwd PE | 5.52 | ||
| 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)0.37
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -9.19% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| 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 Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)18.02%
EPS 3Y19.61%
EPS 5Y
EPS Q2Q%
EPS Next Y18.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.4%
Revenue growth 3Y8.75%
Revenue growth 5Y
Sales 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