HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
USA - NYSE:HIG - US4165151048 - Common Stock
132.52 USD
-0.7 (-0.53%)
132.5 USD
-0.02 (-0.02%)
We assign a fundamental rating of 5 out of 10 to HIG. HIG was compared to 146 industry peers in the Insurance industry. HIG has an average financial health and profitability rating. HIG has a decent growth rate and is not valued too expensively.
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
With a decent Return On Assets value of 3.85%, HIG is doing good in the industry, outperforming 76.71% of the companies in the same industry.
HIG's Return On Equity of 18.40% is amongst the best of the industry. HIG outperforms 85.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 18.4% | ||
| 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
The Profit Margin of HIG (11.77%) is better than 71.92% of its industry peers.
In the last couple of years the Profit Margin of HIG has grown nicely.
The Operating Margin of HIG (15.39%) is better than 67.81% of its industry peers.
HIG's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.39% | ||
| PM (TTM) | 11.77% | ||
| 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.
The number of shares outstanding for HIG has been reduced compared to 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 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
The Debt to FCF ratio of HIG (0.76) is better than 76.03% of its industry peers.
HIG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
HIG has a better Debt to Equity ratio (0.25) than 63.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.2%
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 8.73%, which is quite good.
HIG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.78% yearly.
The Revenue has been growing slightly by 7.56% in the past year.
HIG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.05% yearly.
EPS 1Y (TTM)8.73%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%36.4%
Revenue 1Y (TTM)7.56%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.72%
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 12.04% on average per year.
HIG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.11% yearly.
EPS Next Y15.28%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
EPS Next 5YN/A
Revenue Next Year8.33%
Revenue Next 2Y7.1%
Revenue Next 3Y6.11%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.96, which indicates a very decent valuation of HIG.
The rest of the industry has a similar Price/Earnings ratio as HIG.
HIG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
With a Price/Forward Earnings ratio of 9.96, the valuation of HIG can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HIG is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of HIG to the average of the S&P500 Index (22.73), we can say HIG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.96 | ||
| Fwd PE | 9.96 |
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 75.34% 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 68.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.52 | ||
| EV/EBITDA | 5.94 |
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.
A more expensive valuation may be justified as HIG's earnings are expected to grow with 12.04% in the coming years.
PEG (NY)0.78
PEG (5Y)0.94
EPS Next 2Y13.63%
EPS Next 3Y12.04%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.56%.
Compared to an average industry Dividend Yield of 3.43, HIG has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.38, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.29%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
HIG pays out 18.46% 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.
DP18.46%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
132.52
-0.7 (-0.53%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners96.36%
Inst Owner Change-5.59%
Ins Owners0.33%
Ins Owner Change-0.66%
Market Cap37.26B
Analysts73.85
Price Target141.42 (6.72%)
Short Float %1.23%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend1.97
Dividend Growth(5Y)9.29%
DP18.46%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.43%
Min EPS beat(2)1.72%
Max EPS beat(2)19.15%
EPS beat(4)3
Avg EPS beat(4)7.5%
Min EPS beat(4)-1.43%
Max EPS beat(4)19.15%
EPS beat(8)6
Avg EPS beat(8)9.2%
EPS beat(12)9
Avg EPS beat(12)8.97%
EPS beat(16)13
Avg EPS beat(16)14.38%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-3.21%
Max Revenue beat(2)-1.58%
Revenue beat(4)0
Avg Revenue beat(4)-1.59%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.09%
Revenue beat(8)0
Avg Revenue beat(8)-1.56%
Revenue beat(12)1
Avg Revenue beat(12)-0.86%
Revenue beat(16)3
Avg Revenue beat(16)-0.24%
PT rev (1m)0.86%
PT rev (3m)2.6%
EPS NQ rev (1m)-0.01%
EPS NQ rev (3m)2.7%
EPS NY rev (1m)6.42%
EPS NY rev (3m)6.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.96 | ||
| Fwd PE | 9.96 | ||
| P/S | 1.36 | ||
| P/FCF | 6.52 | ||
| P/OCF | 6.39 | ||
| P/B | 2.13 | ||
| P/tB | 2.48 | ||
| EV/EBITDA | 5.94 |
EPS(TTM)11.08
EY8.36%
EPS(NY)13.31
Fwd EY10.04%
FCF(TTM)20.33
FCFY15.34%
OCF(TTM)20.73
OCFY15.64%
SpS97.38
BVpS62.3
TBVpS53.37
PEG (NY)0.78
PEG (5Y)0.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 18.4% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 15.39% | ||
| PM (TTM) | 11.77% | ||
| GM | N/A | ||
| FCFM | 20.88% |
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%
ROICexcg growth 3YN/A
ROICexcg 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 | 0.25 | ||
| Debt/FCF | 0.76 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 4.05% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 20.26 | ||
| Cash Conversion | 83.52% | ||
| Profit Quality | 177.3% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.2%
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)8.73%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%36.4%
EPS Next Y15.28%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
EPS Next 5YN/A
Revenue 1Y (TTM)7.56%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.72%
Revenue Next Year8.33%
Revenue Next 2Y7.1%
Revenue Next 3Y6.11%
Revenue Next 5YN/A
EBIT growth 1Y13.15%
EBIT growth 3Y8.2%
EBIT growth 5Y5.7%
EBIT Next Year13.97%
EBIT Next 3Y7.06%
EBIT Next 5YN/A
FCF growth 1Y76.97%
FCF growth 3Y12.78%
FCF growth 5Y11.24%
OCF growth 1Y70.06%
OCF growth 3Y12.49%
OCF growth 5Y11.11%