HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
USA - NYSE:HIG - US4165151048 - Common Stock
129.41 USD
+1.47 (+1.15%)
129.41 USD
0 (0%)
HIG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 146 industry peers in the Insurance industry. HIG has only an average score on both its financial health and profitability. HIG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HIG was profitable.
HIG had a positive operating cash flow in the past year.
Each year in the past 5 years HIG has been profitable.
HIG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HIG has a Return On Assets of 4.16%. This is in the better half of the industry: HIG outperforms 78.77% of its industry peers.
HIG has a better Return On Equity (19.17%) than 87.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.17% | ||
| ROIC | N/A |
ROA(3y)3.17%
ROA(5y)2.98%
ROE(3y)16.04%
ROE(5y)14.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HIG's Profit Margin of 12.69% is fine compared to the rest of the industry. HIG outperforms 74.66% of its industry peers.
HIG's Profit Margin has improved in the last couple of years.
The Operating Margin of HIG (16.46%) is better than 70.55% of its industry peers.
In the last couple of years the Operating Margin of HIG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.46% | ||
| PM (TTM) | 12.69% | ||
| GM | N/A |
OM growth 3Y2.24%
OM growth 5Y0.62%
PM growth 3Y3.61%
PM growth 5Y3.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HIG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HIG has less shares outstanding
Compared to 5 years ago, HIG has less shares outstanding
HIG has a better debt/assets ratio than last year.
2.2 Solvency
HIG has a debt to FCF ratio of 0.74. This is a very positive value and a sign of high solvency as it would only need 0.74 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.74, HIG is in the better half of the industry, outperforming 77.40% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that HIG is not too dependend on debt financing.
HIG has a Debt to Equity ratio of 0.24. This is in the better half of the industry: HIG outperforms 65.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.74 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.23%
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 18.22% over the past year.
The Earnings Per Share has been growing by 12.78% on average over the past years. This is quite good.
HIG shows a small growth in Revenue. In the last year, the Revenue has grown by 7.13%.
Measured over the past years, HIG shows a small growth in Revenue. The Revenue has been growing by 5.05% on average per year.
EPS 1Y (TTM)18.22%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%49.41%
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%6.83%
3.2 Future
Based on estimates for the next years, HIG will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.42% on average per year.
Based on estimates for the next years, HIG will show a small growth in Revenue. The Revenue will grow by 6.51% on average per year.
EPS Next Y21.29%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue Next Year8.73%
Revenue Next 2Y7.36%
Revenue Next 3Y6.51%
Revenue Next 5YN/A
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 10.50 indicates a reasonable valuation of HIG.
The rest of the industry has a similar Price/Earnings ratio as HIG.
When comparing the Price/Earnings ratio of HIG to the average of the S&P500 Index (25.83), we can say HIG is valued rather cheaply.
HIG is valuated reasonably with a Price/Forward Earnings ratio of 9.84.
HIG's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 32.68. HIG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 9.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HIG indicates a somewhat cheap valuation: HIG is cheaper than 60.96% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HIG indicates a somewhat cheap valuation: HIG is cheaper than 69.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.18 | ||
| EV/EBITDA | 7.38 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.49
PEG (5Y)0.82
EPS Next 2Y12.97%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.88%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.31, HIG has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.37, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
5.2 History
The dividend of HIG is nicely growing with an annual growth rate of 9.29%!
HIG has paid a dividend for at least 10 years, which is a reliable track record.
HIG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.29%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
HIG pays out 17.08% of its income as dividend. This is a sustainable payout ratio.
The dividend of HIG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP17.08%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
129.41
+1.47 (+1.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners94.97%
Inst Owner Change-0.12%
Ins Owners0.34%
Ins Owner Change-0.59%
Market Cap36.39B
Revenue(TTM)27.87B
Net Income(TTM)3.54B
Analysts72.31
Price Target145.58 (12.5%)
Short Float %1.47%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend1.97
Dividend Growth(5Y)9.29%
DP17.08%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.8%
Min EPS beat(2)16.45%
Max EPS beat(2)19.15%
EPS beat(4)4
Avg EPS beat(4)11.97%
Min EPS beat(4)1.72%
Max EPS beat(4)19.15%
EPS beat(8)6
Avg EPS beat(8)9.46%
EPS beat(12)9
Avg EPS beat(12)9.11%
EPS beat(16)13
Avg EPS beat(16)12.64%
Revenue beat(2)0
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-1.58%
Max Revenue beat(2)-0.35%
Revenue beat(4)0
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.35%
Revenue beat(8)0
Avg Revenue beat(8)-1.48%
Revenue beat(12)1
Avg Revenue beat(12)-0.87%
Revenue beat(16)2
Avg Revenue beat(16)-0.71%
PT rev (1m)2.94%
PT rev (3m)3.82%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)2.74%
EPS NY rev (1m)5.37%
EPS NY rev (3m)11.97%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 9.84 | ||
| P/S | 1.31 | ||
| P/FCF | 6.18 | ||
| P/OCF | 6.08 | ||
| P/B | 1.97 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 7.38 |
EPS(TTM)12.33
EY9.53%
EPS(NY)13.16
Fwd EY10.17%
FCF(TTM)20.95
FCFY16.19%
OCF(TTM)21.3
OCFY16.46%
SpS99.11
BVpS65.62
TBVpS56.75
PEG (NY)0.49
PEG (5Y)0.82
Graham Number134.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 16.46% | ||
| PM (TTM) | 12.69% | ||
| GM | N/A | ||
| FCFM | 21.14% |
ROA(3y)3.17%
ROA(5y)2.98%
ROE(3y)16.04%
ROE(5y)14.1%
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)4.21%
ROCE(5y)4.01%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y2.24%
OM growth 5Y0.62%
PM growth 3Y3.61%
PM growth 5Y3.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.74 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 10.36% | ||
| Cap/Sales | 0.35% | ||
| Interest Coverage | 22.16 | ||
| Cash Conversion | 108.42% | ||
| Profit Quality | 166.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.23%
ROIC/WACCN/A
Cap/Depr(3y)7.01%
Cap/Depr(5y)6.34%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.67%
Profit Quality(3y)187.16%
Profit Quality(5y)189.69%
High Growth Momentum
Growth
EPS 1Y (TTM)18.22%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%49.41%
EPS Next Y21.29%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%6.83%
Revenue Next Year8.73%
Revenue Next 2Y7.36%
Revenue Next 3Y6.51%
Revenue Next 5YN/A
EBIT growth 1Y19.55%
EBIT growth 3Y8.2%
EBIT growth 5Y5.7%
EBIT Next Year13.97%
EBIT Next 3Y7.06%
EBIT Next 5YN/A
FCF growth 1Y69.62%
FCF growth 3Y12.78%
FCF growth 5Y11.24%
OCF growth 1Y62.85%
OCF growth 3Y12.49%
OCF growth 5Y11.11%
HARTFORD INSURANCE GROUP INC / HIG FAQ
What is the ChartMill fundamental rating of HARTFORD INSURANCE GROUP INC (HIG) stock?
ChartMill assigns a fundamental rating of 5 / 10 to HIG.
Can you provide the valuation status for HARTFORD INSURANCE GROUP INC?
ChartMill assigns a valuation rating of 6 / 10 to HARTFORD INSURANCE GROUP INC (HIG). This can be considered as Fairly Valued.
How profitable is HARTFORD INSURANCE GROUP INC (HIG) stock?
HARTFORD INSURANCE GROUP INC (HIG) has a profitability rating of 5 / 10.
What is the valuation of HARTFORD INSURANCE GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HARTFORD INSURANCE GROUP INC (HIG) is 10.5 and the Price/Book (PB) ratio is 1.97.
How financially healthy is HARTFORD INSURANCE GROUP INC?
The financial health rating of HARTFORD INSURANCE GROUP INC (HIG) is 4 / 10.