HARTFORD FINANCIAL SVCS GRP (HIG)
US4165151048 - Common Stock
Overall HIG gets a fundamental rating of 5 out of 10. We evaluated HIG against 141 industry peers in the Insurance industry. HIG has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on HIG.
1. Profitability
1.1 Basic Checks
In the past year HIG was profitable.
In the past year HIG had a positive cash flow from operations.
In the past 5 years HIG has always been profitable.
HIG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.70%, HIG is in the better half of the industry, outperforming 69.29% of the companies in the same industry.
HIG has a Return On Equity of 17.69%. This is in the better half of the industry: HIG outperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.7% | ||
| ROE | 17.69% | ||
| ROIC | N/A |
ROA(3y)2.92%
ROA(5y)2.8%
ROE(3y)14.15%
ROE(5y)12.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 11.56%, HIG is doing good in the industry, outperforming 68.57% of the companies in the same industry.
In the last couple of years the Profit Margin of HIG has remained more or less at the same level.
Looking at the Operating Margin, with a value of 14.75%, HIG is in the better half of the industry, outperforming 66.43% of the companies in the same industry.
HIG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.75% | ||
| PM (TTM) | 11.56% | ||
| GM | N/A |
OM growth 3Y3.85%
OM growth 5Y4.29%
PM growth 3Y6.58%
PM growth 5Y1.28%
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
The number of shares outstanding for HIG has been reduced compared to 5 years ago.
The debt/assets ratio for HIG has been reduced compared to a year ago.
2.2 Solvency
HIG has a debt to FCF ratio of 0.80. This is a very positive value and a sign of high solvency as it would only need 0.80 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.80, HIG is in the better half of the industry, outperforming 70.71% of the companies in the same industry.
HIG has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.26, HIG is doing good in the industry, outperforming 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.59%
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 impressive 27.82% over the past year.
Measured over the past years, HIG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.53% on average per year.
The Revenue has been growing slightly by 7.75% in the past year.
The Revenue has been growing slightly by 5.28% on average over the past years.
EPS 1Y (TTM)27.82%
EPS 3Y15.52%
EPS 5Y15.53%
EPS Q2Q%10.48%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y6.12%
Revenue growth 5Y5.28%
Sales Q2Q%9.45%
3.2 Future
The Earnings Per Share is expected to grow by 12.02% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.54% on average over the next years.
EPS Next Y13.94%
EPS Next 2Y14.74%
EPS Next 3Y13.05%
EPS Next 5Y12.02%
Revenue Next Year7.29%
Revenue Next 2Y7.62%
Revenue Next 3Y6.54%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.64, which indicates a very decent valuation of HIG.
62.14% of the companies in the same industry are more expensive than HIG, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.54, HIG is valued rather cheaply.
The Price/Forward Earnings ratio is 9.46, which indicates a very decent valuation of HIG.
Based on the Price/Forward Earnings ratio, HIG is valued a bit cheaper than the industry average as 62.86% of the companies are valued more expensively.
HIG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.64 | ||
| Fwd PE | 9.46 |
4.2 Price Multiples
77.14% of the companies in the same industry are more expensive than HIG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HIG is valued a bit cheaper than the industry average as 67.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.93 | ||
| EV/EBITDA | 5.6 |
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.
HIG's earnings are expected to grow with 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)0.69
EPS Next 2Y14.74%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.94%, HIG has a reasonable but not impressive dividend return.
HIG's Dividend Yield is comparable with the industry average which is at 4.35.
Compared to an average S&P500 Dividend Yield of 2.36, HIG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
On average, the dividend of HIG grows each year by 11.07%, which is quite nice.
HIG has been paying a dividend for at least 10 years, so it has a reliable track record.
HIG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.07%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
18.92% of the earnings are spent on dividend by HIG. This is a low number and sustainable payout ratio.
HIG's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP18.92%
EPS Next 2Y14.74%
EPS Next 3Y13.05%
HARTFORD FINANCIAL SVCS GRP
NYSE:HIG (12/26/2024, 4:15:00 PM)
After market: 110.98 0 (0%)110.98
+0.41 (+0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners95.07%
Inst Owner Change-1.32%
Ins Owners0.28%
Ins Owner Change-8.46%
Market Cap32.17B
Analysts72.31
Price Target129.4 (16.6%)
Short Float %1.1%
Short Ratio2.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Dividend Growth(5Y)11.07%
DP18.92%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.48%
Min EPS beat(2)-1.43%
Max EPS beat(2)10.4%
EPS beat(4)2
Avg EPS beat(4)6.96%
Min EPS beat(4)-5.51%
Max EPS beat(4)24.39%
EPS beat(8)5
Avg EPS beat(8)7.68%
EPS beat(12)9
Avg EPS beat(12)12.86%
EPS beat(16)12
Avg EPS beat(16)18.17%
Revenue beat(2)0
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-2.28%
Max Revenue beat(2)-0.09%
Revenue beat(4)0
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)-0.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.48%
Revenue beat(12)2
Avg Revenue beat(12)-0.39%
Revenue beat(16)6
Avg Revenue beat(16)0.79%
PT rev (1m)4.01%
PT rev (3m)8.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.89%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-0.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)-1.9%
Revenue NY rev (3m)-1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.64 | ||
| Fwd PE | 9.46 | ||
| P/S | 1.24 | ||
| P/FCF | 5.93 | ||
| P/OCF | 5.68 | ||
| P/B | 1.89 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 5.6 |
EPS(TTM)10.43
EY9.4%
EPS(NY)11.73
Fwd EY10.57%
FCF(TTM)18.72
FCFY16.87%
OCF(TTM)19.53
OCFY17.6%
SpS89.73
BVpS58.67
TBVpS49.82
PEG (NY)0.76
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.7% | ||
| ROE | 17.69% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.75% | ||
| PM (TTM) | 11.56% | ||
| GM | N/A | ||
| FCFM | 20.86% |
ROA(3y)2.92%
ROA(5y)2.8%
ROE(3y)14.15%
ROE(5y)12.88%
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)3.94%
ROCE(5y)3.89%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y3.85%
OM growth 5Y4.29%
PM growth 3Y6.58%
PM growth 5Y1.28%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.8 | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | 8.97% | ||
| Cap/Sales | 0.9% | ||
| Interest Coverage | 17.28 | ||
| Cash Conversion | 87.67% | ||
| Profit Quality | 180.42% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC8.59%
ROIC/WACCN/A
Cap/Depr(3y)7.06%
Cap/Depr(5y)6.25%
Cap/Sales(3y)0.75%
Cap/Sales(5y)0.66%
Profit Quality(3y)182.12%
Profit Quality(5y)185.18%
High Growth Momentum
Growth
EPS 1Y (TTM)27.82%
EPS 3Y15.52%
EPS 5Y15.53%
EPS Q2Q%10.48%
EPS Next Y13.94%
EPS Next 2Y14.74%
EPS Next 3Y13.05%
EPS Next 5Y12.02%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y6.12%
Revenue growth 5Y5.28%
Sales Q2Q%9.45%
Revenue Next Year7.29%
Revenue Next 2Y7.62%
Revenue Next 3Y6.54%
Revenue Next 5YN/A
EBIT growth 1Y24.7%
EBIT growth 3Y10.21%
EBIT growth 5Y9.79%
EBIT Next Year39.68%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y34.4%
FCF growth 3Y2.68%
FCF growth 5Y4.22%
OCF growth 1Y34.78%
OCF growth 3Y3.44%
OCF growth 5Y4.54%