HORACE MANN EDUCATORS (HMN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HMN - US4403271046 - Common Stock
43.12 USD
+0.07 (+0.16%)
43.12 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to HMN. HMN was compared to 146 industry peers in the Insurance industry. Both the profitability and financial health of HMN have multiple concerns. HMN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. HMN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year HMN was profitable.
- HMN had a positive operating cash flow in the past year.
- HMN had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years HMN had a positive operating cash flow.
1.2 Ratios
- HMN's Return On Assets of 1.06% is on the low side compared to the rest of the industry. HMN is outperformed by 60.96% of its industry peers.
- With a Return On Equity value of 11.39%, HMN perfoms like the industry average, outperforming 52.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 11.39% | ||
| ROIC | N/A |
ROA(3y)0.34%
ROA(5y)0.6%
ROE(3y)3.86%
ROE(5y)5.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HMN has a better Profit Margin (9.79%) than 60.96% of its industry peers.
- HMN's Profit Margin has declined in the last couple of years.
- HMN has a better Operating Margin (14.25%) than 60.96% of its industry peers.
- HMN's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.25% | ||
| PM (TTM) | 9.79% | ||
| GM | N/A |
OM growth 3Y-12.94%
OM growth 5Y-12.98%
PM growth 3Y-15.29%
PM growth 5Y-12.85%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- HMN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for HMN remains at a similar level compared to 1 year ago.
- HMN has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HMN has an improved debt to assets ratio.
2.2 Solvency
- HMN has a debt to FCF ratio of 1.37. This is a very positive value and a sign of high solvency as it would only need 1.37 years to pay back of all of its debts.
- The Debt to FCF ratio of HMN (1.37) is better than 60.96% of its industry peers.
- A Debt/Equity ratio of 0.58 indicates that HMN is somewhat dependend on debt financing.
- The Debt to Equity ratio of HMN (0.58) is worse than 76.71% of its industry peers.
- Although HMN does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.37 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.92%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- HMN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 113.33%, which is quite impressive.
- HMN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.81% yearly.
- HMN shows a small growth in Revenue. In the last year, the Revenue has grown by 5.66%.
- Measured over the past years, HMN shows a small growth in Revenue. The Revenue has been growing by 2.09% on average per year.
EPS 1Y (TTM)113.33%
EPS 3Y-3.86%
EPS 5Y7.81%
EPS Q2Q%78.95%
Revenue 1Y (TTM)5.66%
Revenue growth 3Y5.8%
Revenue growth 5Y2.09%
Sales Q2Q%7.58%
3.2 Future
- Based on estimates for the next years, HMN will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.97% on average per year.
- HMN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.08% yearly.
EPS Next Y47.69%
EPS Next 2Y21.51%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue Next Year5.98%
Revenue Next 2Y6.22%
Revenue Next 3Y5.08%
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 accelerating.
- 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 8.42, which indicates a very decent valuation of HMN.
- 69.86% of the companies in the same industry are more expensive than HMN, based on the Price/Earnings ratio.
- HMN is valuated cheaply when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 9.15 indicates a reasonable valuation of HMN.
- Based on the Price/Forward Earnings ratio, HMN is valued a bit cheaper than 63.70% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of HMN to the average of the S&P500 Index (24.12), we can say HMN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
- HMN's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, HMN is valued cheaply inside the industry as 83.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.84 | ||
| EV/EBITDA | 9.57 |
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 HMN's earnings are expected to grow with 17.97% in the coming years.
PEG (NY)0.18
PEG (5Y)1.08
EPS Next 2Y21.51%
EPS Next 3Y17.97%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.09%, HMN has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.42, HMN pays a bit more dividend than its industry peers.
- HMN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
5.2 History
- The dividend of HMN has a limited annual growth rate of 3.32%.
- HMN has paid a dividend for at least 10 years, which is a reliable track record.
- HMN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.32%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
- 34.55% of the earnings are spent on dividend by HMN. This is a low number and sustainable payout ratio.
- The dividend of HMN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP34.55%
EPS Next 2Y21.51%
EPS Next 3Y17.97%
43.12
+0.07 (+0.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-03 2026-02-03/amc
Inst Owners103.17%
Inst Owner Change-0.02%
Ins Owners1.21%
Ins Owner Change-2.37%
Market Cap1.75B
Revenue(TTM)1.68B
Net Income(TTM)164.10M
Analysts75
Price Target51.34 (19.06%)
Short Float %1.5%
Short Ratio2.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.09% |
Yearly Dividend1.36
Dividend Growth(5Y)3.32%
DP34.55%
Div Incr Years15
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.55%
Min EPS beat(2)21.01%
Max EPS beat(2)76.09%
EPS beat(4)4
Avg EPS beat(4)41.03%
Min EPS beat(4)9.22%
Max EPS beat(4)76.09%
EPS beat(8)7
Avg EPS beat(8)22.08%
EPS beat(12)10
Avg EPS beat(12)17.54%
EPS beat(16)12
Avg EPS beat(16)17.9%
Revenue beat(2)1
Avg Revenue beat(2)-1.6%
Min Revenue beat(2)-4.02%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)0.81%
Revenue beat(8)2
Avg Revenue beat(8)-1.91%
Revenue beat(12)2
Avg Revenue beat(12)-2.25%
Revenue beat(16)2
Avg Revenue beat(16)-2.17%
PT rev (1m)2.72%
PT rev (3m)2.72%
EPS NQ rev (1m)-1.23%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)5.58%
Revenue NQ rev (1m)0.51%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 9.15 | ||
| P/S | 1.05 | ||
| P/FCF | 2.84 | ||
| P/OCF | 2.84 | ||
| P/B | 1.22 | ||
| P/tB | 1.41 | ||
| EV/EBITDA | 9.57 |
EPS(TTM)5.12
EY11.87%
EPS(NY)4.71
Fwd EY10.92%
FCF(TTM)15.16
FCFY35.16%
OCF(TTM)15.16
OCFY35.16%
SpS41.19
BVpS35.43
TBVpS30.53
PEG (NY)0.18
PEG (5Y)1.08
Graham Number63.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 11.39% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.25% | ||
| PM (TTM) | 9.79% | ||
| GM | N/A | ||
| FCFM | 36.81% |
ROA(3y)0.34%
ROA(5y)0.6%
ROE(3y)3.86%
ROE(5y)5.39%
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)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-12.94%
OM growth 5Y-12.98%
PM growth 3Y-15.29%
PM growth 5Y-12.85%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.37 | ||
| Debt/EBITDA | 3.17 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 6.58 | ||
| Cash Conversion | 231.79% | ||
| Profit Quality | 375.87% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC7.92%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)113.33%
EPS 3Y-3.86%
EPS 5Y7.81%
EPS Q2Q%78.95%
EPS Next Y47.69%
EPS Next 2Y21.51%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue 1Y (TTM)5.66%
Revenue growth 3Y5.8%
Revenue growth 5Y2.09%
Sales Q2Q%7.58%
Revenue Next Year5.98%
Revenue Next 2Y6.22%
Revenue Next 3Y5.08%
Revenue Next 5YN/A
EBIT growth 1Y54.5%
EBIT growth 3Y-7.88%
EBIT growth 5Y-11.16%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y141.98%
FCF growth 3Y30.19%
FCF growth 5Y28.79%
OCF growth 1Y141.98%
OCF growth 3Y30.19%
OCF growth 5Y28.79%
HORACE MANN EDUCATORS / HMN FAQ
What is the ChartMill fundamental rating of HORACE MANN EDUCATORS (HMN) stock?
ChartMill assigns a fundamental rating of 4 / 10 to HMN.
What is the valuation status of HORACE MANN EDUCATORS (HMN) stock?
ChartMill assigns a valuation rating of 7 / 10 to HORACE MANN EDUCATORS (HMN). This can be considered as Undervalued.
What is the profitability of HMN stock?
HORACE MANN EDUCATORS (HMN) has a profitability rating of 3 / 10.
What are the PE and PB ratios of HORACE MANN EDUCATORS (HMN) stock?
The Price/Earnings (PE) ratio for HORACE MANN EDUCATORS (HMN) is 8.42 and the Price/Book (PB) ratio is 1.22.
What is the earnings growth outlook for HORACE MANN EDUCATORS?
The Earnings per Share (EPS) of HORACE MANN EDUCATORS (HMN) is expected to grow by 47.69% in the next year.