HARTFORD FINANCIAL SVCS GRP (HIG)
US4165151048 - Common Stock
Overall HIG gets a fundamental rating of 5 out of 10. We evaluated HIG against 140 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
HIG had positive earnings in the past year.
HIG had a positive operating cash flow in the past year.
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
HIG has a better Return On Assets (3.70%) than 74.10% of its industry peers.
The Return On Equity of HIG (17.69%) is better than 74.82% 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
HIG's Profit Margin of 11.56% is fine compared to the rest of the industry. HIG outperforms 71.22% of its industry peers.
HIG's Profit Margin has been stable in the last couple of years.
The Operating Margin of HIG (14.75%) is better than 64.75% of its industry peers.
In the last couple of years the Operating Margin of HIG has grown nicely.
| 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.
HIG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, HIG has less shares outstanding
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.
HIG has a Debt to FCF ratio of 0.80. This is in the better half of the industry: HIG outperforms 71.94% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that HIG is not too dependend on debt financing.
HIG's Debt to Equity ratio of 0.26 is fine compared to the rest of the industry. HIG outperforms 64.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 0.8 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.49%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
HIG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.82%, which is quite impressive.
The Earnings Per Share has been growing by 15.53% 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 7.75%.
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
Based on estimates for the next years, HIG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.02% on average per year.
Based on estimates for the next years, HIG will show a small growth in Revenue. The Revenue will grow by 7.23% on average per year.
EPS Next Y14.02%
EPS Next 2Y14.74%
EPS Next 3Y13.05%
EPS Next 5Y12.02%
Revenue Next Year9.37%
Revenue Next 2Y8.55%
Revenue Next 3Y7.23%
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
A Price/Earnings ratio of 11.57 indicates a reasonable valuation of HIG.
Based on the Price/Earnings ratio, HIG is valued a bit cheaper than the industry average as 62.59% of the companies are valued more expensively.
HIG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.20.
Based on the Price/Forward Earnings ratio of 10.29, the valuation of HIG can be described as reasonable.
Based on the Price/Forward Earnings ratio, HIG is valued a bit cheaper than 61.87% of the companies in the same industry.
HIG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.57 | ||
| Fwd PE | 10.29 |
4.2 Price Multiples
HIG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HIG is cheaper than 75.54% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HIG is valued a bit cheaper than the industry average as 65.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.45 | ||
| EV/EBITDA | 6.01 |
4.3 Compensation for Growth
HIG'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 HIG's earnings are expected to grow with 13.05% in the coming years.
PEG (NY)0.83
PEG (5Y)0.75
EPS Next 2Y14.74%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.79%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.25, HIG has a dividend in line with its industry peers.
HIG's Dividend Yield is comparable with the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
5.2 History
The dividend of HIG is nicely growing with an annual growth rate of 11.07%!
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)11.07%
Div Incr Years11
Div Non Decr Years14
5.3 Sustainability
18.92% of the earnings are spent on dividend by HIG. This is a low number and sustainable payout ratio.
The dividend of HIG is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP18.92%
EPS Next 2Y14.74%
EPS Next 3Y13.05%
HARTFORD FINANCIAL SVCS GRP
NYSE:HIG (11/22/2024, 8:04:00 PM)
After market: 120.72 0 (0%)120.72
+1.08 (+0.9%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap35.00B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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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 | 11.57 | ||
| Fwd PE | 10.29 | ||
| 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)0.83
PEG (5Y)0.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.7% | ||
| ROE | 17.69% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.75% | ||
| PM (TTM) | 11.56% | ||
| 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 Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| 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)27.82%
EPS 3Y15.52%
EPS 5Y
EPS Q2Q%
EPS Next Y14.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.75%
Revenue growth 3Y6.12%
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