F&G ANNUITIES & LIFE INC (FG) Fundamental Analysis & Valuation

NYSE:FG • US30190A1043

Current stock price

24.95 USD
+0.35 (+1.42%)
At close:
24.95 USD
0 (0%)
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This FG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. FG Profitability Analysis

1.1 Basic Checks

  • In the past year FG was profitable.
  • In the past year FG had a positive cash flow from operations.
  • FG had positive earnings in 4 of the past 5 years.
  • FG had a positive operating cash flow in each of the past 5 years.
FG Yearly Net Income VS EBIT VS OCF VS FCFFG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

1.2 Ratios

  • The Return On Assets of FG (0.25%) is worse than 78.38% of its industry peers.
  • With a Return On Equity value of 5.16%, FG is not doing good in the industry: 70.27% of the companies in the same industry are doing better.
  • FG has a Return On Invested Capital of 0.42%. This is in the lower half of the industry: FG underperforms 67.57% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for FG is significantly below the industry average of 9.46%.
Industry RankSector Rank
ROA 0.25%
ROE 5.16%
ROIC 0.42%
ROA(3y)0.3%
ROA(5y)0.71%
ROE(3y)6.35%
ROE(5y)11.66%
ROIC(3y)0.47%
ROIC(5y)0.87%
FG Yearly ROA, ROE, ROICFG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.31%, FG is doing worse than 70.27% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FG has declined.
  • With a Operating Margin value of 8.47%, FG is not doing good in the industry: 68.24% of the companies in the same industry are doing better.
  • FG's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 8.47%
PM (TTM) 4.31%
GM N/A
OM growth 3Y-31.81%
OM growth 5YN/A
PM growth 3Y-40.51%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FG Yearly Profit, Operating, Gross MarginsFG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

4

2. FG Health Analysis

2.1 Basic Checks

  • FG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • FG has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for FG has been increased compared to 5 years ago.
  • The debt/assets ratio for FG has been reduced compared to a year ago.
FG Yearly Shares OutstandingFG Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
FG Yearly Total Debt VS Total AssetsFG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • FG has an Altman-Z score of 0.11. This is a bad value and indicates that FG is not financially healthy and even has some risk of bankruptcy.
  • With a decent Altman-Z score value of 0.11, FG is doing good in the industry, outperforming 68.92% of the companies in the same industry.
  • FG has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.48, FG is in the better half of the industry, outperforming 79.73% of the companies in the same industry.
  • A Debt/Equity ratio of 0.47 indicates that FG is not too dependend on debt financing.
  • With a Debt to Equity ratio value of 0.47, FG is not doing good in the industry: 67.57% of the companies in the same industry are doing better.
  • Although FG's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 0.48
Altman-Z 0.11
ROIC/WACC0.05
WACC7.76%
FG Yearly LT Debt VS Equity VS FCFFG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

  • FG has a Current Ratio of 0.39. This is a bad value and indicates that FG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • FG has a better Current ratio (0.39) than 72.97% of its industry peers.
  • FG has a Quick Ratio of 0.39. This is a bad value and indicates that FG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.39, FG is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.39
Quick Ratio 0.39
FG Yearly Current Assets VS Current LiabilitesFG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 2B 4B 6B

5

3. FG Growth Analysis

3.1 Past

  • The earnings per share for FG have decreased strongly by -15.02% in the last year.
  • Measured over the past years, FG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.40% on average per year.
  • The Revenue has decreased by -0.45% in the past year.
  • Measured over the past years, FG shows a very strong growth in Revenue. The Revenue has been growing by 32.79% on average per year.
EPS 1Y (TTM)-15.02%
EPS 3Y-23.4%
EPS 5YN/A
EPS Q2Q%-18.75%
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y34.79%
Revenue growth 5Y32.79%
Sales Q2Q%47.79%

3.2 Future

  • Based on estimates for the next years, FG will show a very strong growth in Earnings Per Share. The EPS will grow by 28.86% on average per year.
  • FG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.22% yearly.
EPS Next Y56.78%
EPS Next 2Y34.67%
EPS Next 3Y28.86%
EPS Next 5YN/A
Revenue Next Year8.95%
Revenue Next 2Y7.22%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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.
FG Yearly Revenue VS EstimatesFG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
FG Yearly EPS VS EstimatesFG Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 2 4 6

9

4. FG Valuation Analysis

4.1 Price/Earnings Ratio

  • FG is valuated cheaply with a Price/Earnings ratio of 6.89.
  • Based on the Price/Earnings ratio, FG is valued a bit cheaper than 73.65% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of FG to the average of the S&P500 Index (26.91), we can say FG is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 4.40, the valuation of FG can be described as very cheap.
  • 83.11% of the companies in the same industry are more expensive than FG, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 23.69. FG is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 6.89
Fwd PE 4.4
FG Price Earnings VS Forward Price EarningsFG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FG is valued cheaply inside the industry as 81.08% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FG indicates a rather cheap valuation: FG is cheaper than 97.30% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 0.73
EV/EBITDA 3.55
FG Per share dataFG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40

4.3 Compensation for Growth

  • FG's 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 FG's earnings are expected to grow with 28.86% in the coming years.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y34.67%
EPS Next 3Y28.86%

4

5. FG Dividend Analysis

5.1 Amount

  • FG has a Yearly Dividend Yield of 3.88%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.55, FG pays a bit more dividend than its industry peers.
  • FG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 3.88%

5.2 History

  • FG has been paying a dividend for over 5 years, so it has already some track record.
  • FG has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
FG Yearly Dividends per shareFG Yearly Dividends per shareYearly Dividends per share 2019 2020 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • FG pays out 55.24% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP55.24%
EPS Next 2Y34.67%
EPS Next 3Y28.86%
FG Yearly Income VS Free CF VS DividendFG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 2025 0 2B 4B
FG Dividend Payout.FG Dividend Payout, showing the Payout Ratio.FG Dividend Payout.PayoutRetained Earnings

FG Fundamentals: All Metrics, Ratios and Statistics

F&G ANNUITIES & LIFE INC

NYSE:FG (4/8/2026, 8:04:00 PM)

After market: 24.95 0 (0%)

24.95

+0.35 (+1.42%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-19
Earnings (Next)05-05
Inst Owners93.3%
Inst Owner Change0%
Ins Owners2.43%
Ins Owner Change-16.22%
Market Cap3.38B
Revenue(TTM)5.75B
Net Income(TTM)248.00M
Analysts42
Price Target30.09 (20.6%)
Short Float %1.13%
Short Ratio2.31
Dividend
Industry RankSector Rank
Dividend Yield 3.88%
Yearly Dividend1.04
Dividend Growth(5Y)N/A
DP55.24%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.38%
Min EPS beat(2)-26.56%
Max EPS beat(2)21.8%
EPS beat(4)2
Avg EPS beat(4)-0.28%
Min EPS beat(4)-27.3%
Max EPS beat(4)30.92%
EPS beat(8)3
Avg EPS beat(8)-3.08%
EPS beat(12)3
Avg EPS beat(12)-13.07%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)30.97%
Min Revenue beat(2)17.31%
Max Revenue beat(2)44.63%
Revenue beat(4)3
Avg Revenue beat(4)8.47%
Min Revenue beat(4)-40.15%
Max Revenue beat(4)44.63%
Revenue beat(8)6
Avg Revenue beat(8)10.01%
Revenue beat(12)9
Avg Revenue beat(12)11.22%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-13.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.35%
EPS NY rev (1m)-2.85%
EPS NY rev (3m)-2.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.52%
Revenue NY rev (1m)-3.97%
Revenue NY rev (3m)-3.97%
Valuation
Industry RankSector Rank
PE 6.89
Fwd PE 4.4
P/S 0.59
P/FCF 0.73
P/OCF 0.72
P/B 0.7
P/tB N/A
EV/EBITDA 3.55
EPS(TTM)3.62
EY14.51%
EPS(NY)5.68
Fwd EY22.75%
FCF(TTM)34.41
FCFY137.91%
OCF(TTM)34.52
OCFY138.35%
SpS42.42
BVpS35.43
TBVpS-26.92
PEG (NY)0.12
PEG (5Y)N/A
Graham Number53.72
Profitability
Industry RankSector Rank
ROA 0.25%
ROE 5.16%
ROCE 0.51%
ROIC 0.42%
ROICexc 0.43%
ROICexgc 0.61%
OM 8.47%
PM (TTM) 4.31%
GM N/A
FCFM 81.12%
ROA(3y)0.3%
ROA(5y)0.71%
ROE(3y)6.35%
ROE(5y)11.66%
ROIC(3y)0.47%
ROIC(5y)0.87%
ROICexc(3y)0.48%
ROICexc(5y)0.89%
ROICexgc(3y)0.67%
ROICexgc(5y)1.06%
ROCE(3y)0.57%
ROCE(5y)1.04%
ROICexgc growth 3Y-18.28%
ROICexgc growth 5YN/A
ROICexc growth 3Y-24.54%
ROICexc growth 5YN/A
OM growth 3Y-31.81%
OM growth 5YN/A
PM growth 3Y-40.51%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 0.48
Debt/EBITDA 1.94
Cap/Depr 2.26%
Cap/Sales 0.26%
Interest Coverage 3.12
Cash Conversion 406.34%
Profit Quality 1881.45%
Current Ratio 0.39
Quick Ratio 0.39
Altman-Z 0.11
F-Score4
WACC7.76%
ROIC/WACC0.05
Cap/Depr(3y)4.34%
Cap/Depr(5y)5.91%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.02%
EPS 3Y-23.4%
EPS 5YN/A
EPS Q2Q%-18.75%
EPS Next Y56.78%
EPS Next 2Y34.67%
EPS Next 3Y28.86%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.45%
Revenue growth 3Y34.79%
Revenue growth 5Y32.79%
Sales Q2Q%47.79%
Revenue Next Year8.95%
Revenue Next 2Y7.22%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-46.48%
EBIT growth 3Y-8.08%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-21.91%
FCF growth 3Y14.13%
FCF growth 5Y166.06%
OCF growth 1Y-21.97%
OCF growth 3Y13.86%
OCF growth 5Y136.7%

F&G ANNUITIES & LIFE INC / FG Fundamental Analysis FAQ

What is the ChartMill fundamental rating of F&G ANNUITIES & LIFE INC (FG) stock?

ChartMill assigns a fundamental rating of 4 / 10 to FG.


What is the valuation status of F&G ANNUITIES & LIFE INC (FG) stock?

ChartMill assigns a valuation rating of 9 / 10 to F&G ANNUITIES & LIFE INC (FG). This can be considered as Undervalued.


How profitable is F&G ANNUITIES & LIFE INC (FG) stock?

F&G ANNUITIES & LIFE INC (FG) has a profitability rating of 2 / 10.


What is the expected EPS growth for F&G ANNUITIES & LIFE INC (FG) stock?

The Earnings per Share (EPS) of F&G ANNUITIES & LIFE INC (FG) is expected to grow by 56.78% in the next year.


How sustainable is the dividend of F&G ANNUITIES & LIFE INC (FG) stock?

The dividend rating of F&G ANNUITIES & LIFE INC (FG) is 4 / 10 and the dividend payout ratio is 55.24%.