COREBRIDGE FINANCIAL INC (CRBG) Stock Fundamental Analysis
USA - NYSE:CRBG - US21871X1090 - Common Stock
30.99 USD
+0.36 (+1.18%)
30.99 USD
0 (0%)
Overall CRBG gets a fundamental rating of 4 out of 10. We evaluated CRBG against 99 industry peers in the Financial Services industry. CRBG has a bad profitability rating. Also its financial health evaluation is rather negative. CRBG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CRBG had positive earnings in the past year.
CRBG had a positive operating cash flow in the past year.
In the past 5 years CRBG has always been profitable.
Each year in the past 5 years CRBG had a positive operating cash flow.
1.2 Ratios
CRBG has a worse Return On Assets (-0.08%) than 75.00% of its industry peers.
CRBG's Return On Equity of -2.74% is on the low side compared to the rest of the industry. CRBG is outperformed by 78.00% of its industry peers.
The Return On Invested Capital of CRBG (0.20%) is worse than 69.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CRBG is significantly below the industry average of 7.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -2.74% | ||
| ROIC | 0.2% |
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)38.57%
ROE(5y)28.92%
ROIC(3y)1.08%
ROIC(5y)0.99%
1.3 Margins
In the last couple of years the Profit Margin of CRBG has grown nicely.
CRBG's Operating Margin of 7.02% is on the low side compared to the rest of the industry. CRBG is outperformed by 63.00% of its industry peers.
In the last couple of years the Operating Margin of CRBG has grown nicely.
CRBG does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.02% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-19.8%
OM growth 5Y24.34%
PM growth 3Y-27.73%
PM growth 5Y97.88%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CRBG is destroying value.
Compared to 1 year ago, CRBG has less shares outstanding
CRBG has less shares outstanding than it did 5 years ago.
CRBG has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CRBG is 6.76, which is on the high side as it means it would take CRBG, 6.76 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.76, CRBG is in line with its industry, outperforming 59.00% of the companies in the same industry.
CRBG has a Debt/Equity ratio of 0.92. This is a neutral value indicating CRBG is somewhat dependend on debt financing.
The Debt to Equity ratio of CRBG (0.92) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 6.76 | ||
| Altman-Z | N/A |
ROIC/WACC0.03
WACC6.48%
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 18.75%, which is quite good.
CRBG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 115.54% yearly.
CRBG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.47%.
Measured over the past years, CRBG shows a quite strong growth in Revenue. The Revenue has been growing by 8.01% on average per year.
EPS 1Y (TTM)18.75%
EPS 3Y-31.14%
EPS 5Y115.54%
EPS Q2Q%20.35%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-7.04%
Revenue growth 5Y8.01%
Sales Q2Q%5.84%
3.2 Future
Based on estimates for the next years, CRBG will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.21% on average per year.
The Revenue is expected to grow by 3.39% on average over the next years.
EPS Next Y3.67%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
EPS Next 5Y10.21%
Revenue Next Year-7.49%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.45%
Revenue Next 5Y3.39%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CRBG is valuated cheaply with a Price/Earnings ratio of 6.04.
Based on the Price/Earnings ratio, CRBG is valued cheaply inside the industry as 91.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.40, CRBG is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.42, the valuation of CRBG can be described as very cheap.
84.00% of the companies in the same industry are more expensive than CRBG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, CRBG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.04 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
CRBG's Enterprise Value to EBITDA ratio is in line with the industry average.
74.00% of the companies in the same industry are more expensive than CRBG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.94 | ||
| EV/EBITDA | 21.12 |
4.3 Compensation for Growth
CRBG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.65
PEG (5Y)0.05
EPS Next 2Y8.72%
EPS Next 3Y11.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.13%, CRBG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.62, CRBG pays a bit more dividend than its industry peers.
CRBG's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
5.2 History
CRBG has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CRBG are negative and hence is the payout ratio. CRBG will probably not be able to sustain this dividend level.
DP-156.08%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
30.99
+0.36 (+1.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners86.58%
Inst Owner Change0.02%
Ins Owners0.27%
Ins Owner Change-21.47%
Market Cap16.69B
Analysts80
Price Target41.99 (35.5%)
Short Float %1.26%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
Yearly Dividend0.92
Dividend Growth(5Y)N/A
DP-156.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.55%
Min EPS beat(2)-0.44%
Max EPS beat(2)15.55%
EPS beat(4)3
Avg EPS beat(4)7.91%
Min EPS beat(4)-0.44%
Max EPS beat(4)15.87%
EPS beat(8)6
Avg EPS beat(8)4.91%
EPS beat(12)10
Avg EPS beat(12)8.09%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-11.67%
Min Revenue beat(2)-11.92%
Max Revenue beat(2)-11.42%
Revenue beat(4)0
Avg Revenue beat(4)-14.95%
Min Revenue beat(4)-21.6%
Max Revenue beat(4)-11.42%
Revenue beat(8)3
Avg Revenue beat(8)-7.82%
Revenue beat(12)6
Avg Revenue beat(12)0.19%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)13.56%
EPS NQ rev (1m)-5.29%
EPS NQ rev (3m)-11.14%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)1.34%
Revenue NQ rev (1m)-1.65%
Revenue NQ rev (3m)-5.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.04 | ||
| Fwd PE | 5.42 | ||
| P/S | 1.14 | ||
| P/FCF | 9.94 | ||
| P/OCF | 9.94 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 21.12 |
EPS(TTM)5.13
EY16.55%
EPS(NY)5.72
Fwd EY18.46%
FCF(TTM)3.12
FCFY10.06%
OCF(TTM)3.12
OCFY10.06%
SpS27.22
BVpS22.85
TBVpS22.85
PEG (NY)1.65
PEG (5Y)0.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -2.74% | ||
| ROCE | 0.26% | ||
| ROIC | 0.2% | ||
| ROICexc | 0.2% | ||
| ROICexgc | 0.3% | ||
| OM | 7.02% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 11.45% |
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)38.57%
ROE(5y)28.92%
ROIC(3y)1.08%
ROIC(5y)0.99%
ROICexc(3y)1.09%
ROICexc(5y)0.99%
ROICexgc(3y)1.62%
ROICexgc(5y)1.5%
ROCE(3y)1.38%
ROCE(5y)1.27%
ROICexcg growth 3Y-24.91%
ROICexcg growth 5YN/A
ROICexc growth 3Y-23.75%
ROICexc growth 5YN/A
OM growth 3Y-19.8%
OM growth 5Y24.34%
PM growth 3Y-27.73%
PM growth 5Y97.88%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 6.76 | ||
| Debt/EBITDA | 8.67 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.78 | ||
| Cash Conversion | 128.19% | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC6.48%
ROIC/WACC0.03
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)144.44%
Profit Quality(5y)197%
High Growth Momentum
Growth
EPS 1Y (TTM)18.75%
EPS 3Y-31.14%
EPS 5Y115.54%
EPS Q2Q%20.35%
EPS Next Y3.67%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
EPS Next 5Y10.21%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-7.04%
Revenue growth 5Y8.01%
Sales Q2Q%5.84%
Revenue Next Year-7.49%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.45%
Revenue Next 5Y3.39%
EBIT growth 1Y-41.6%
EBIT growth 3Y-25.44%
EBIT growth 5Y34.3%
EBIT Next Year-5.93%
EBIT Next 3Y-0.33%
EBIT Next 5YN/A
FCF growth 1Y-55.04%
FCF growth 3Y-4.39%
FCF growth 5Y-2.53%
OCF growth 1Y-55.04%
OCF growth 3Y-4.39%
OCF growth 5Y-2.53%