HORACE MANN EDUCATORS (HMN) Fundamental Analysis & Valuation
NYSE:HMN • US4403271046
Current stock price
42.3 USD
-0.57 (-1.33%)
At close:
42.3 USD
0 (0%)
After Hours:
This HMN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. HMN Profitability Analysis
1.1 Basic Checks
- In the past year HMN was profitable.
- HMN had a positive operating cash flow in the past year.
- Of the past 5 years HMN 4 years were profitable.
- HMN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- HMN has a worse Return On Assets (1.06%) than 61.90% of its industry peers.
- HMN has a Return On Equity (10.93%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 10.93% | ||
| ROIC | N/A |
ROA(3y)0.7%
ROA(5y)0.61%
ROE(3y)7.58%
ROE(5y)6.08%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a Profit Margin value of 9.48%, HMN perfoms like the industry average, outperforming 58.50% of the companies in the same industry.
- In the last couple of years the Profit Margin of HMN has remained more or less at the same level.
- HMN has a Operating Margin (14.40%) which is comparable to the rest of the industry.
- HMN's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.4% | ||
| PM (TTM) | 9.48% | ||
| GM | N/A |
OM growth 3Y105.86%
OM growth 5Y-0.07%
PM growth 3YN/A
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
2. HMN Health Analysis
2.1 Basic Checks
- HMN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, HMN has less shares outstanding
- The number of shares outstanding for HMN has been reduced compared to 5 years ago.
- The debt/assets ratio for HMN is higher compared to a year ago.
2.2 Solvency
- HMN has a debt to FCF ratio of 1.07. This is a very positive value and a sign of high solvency as it would only need 1.07 years to pay back of all of its debts.
- HMN's Debt to FCF ratio of 1.07 is fine compared to the rest of the industry. HMN outperforms 64.63% of its industry peers.
- A Debt/Equity ratio of 0.40 indicates that HMN is not too dependend on debt financing.
- HMN's Debt to Equity ratio of 0.40 is on the low side compared to the rest of the industry. HMN is outperformed by 61.90% of its industry peers.
- Although HMN's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 | 0.4 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC7.94%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. HMN Growth Analysis
3.1 Past
- HMN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.34%, which is quite impressive.
- Measured over the past 5 years, HMN shows a small growth in Earnings Per Share. The EPS has been growing by 6.69% on average per year.
- The Revenue has been growing slightly by 7.59% in the past year.
- The Revenue has been growing slightly by 5.38% on average over the past years.
EPS 1Y (TTM)47.34%
EPS 3Y62.76%
EPS 5Y6.69%
EPS Q2Q%-25.77%
Revenue 1Y (TTM)7.59%
Revenue growth 3Y7.06%
Revenue growth 5Y5.38%
Sales Q2Q%6.31%
3.2 Future
- The Earnings Per Share is expected to grow by 4.25% on average over the next years.
- Based on estimates for the next years, HMN will show a small growth in Revenue. The Revenue will grow by 5.58% on average per year.
EPS Next Y-1.79%
EPS Next 2Y4.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.52%
Revenue Next 2Y5.58%
Revenue Next 3YN/A
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 decreasing.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. HMN Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.00 indicates a reasonable valuation of HMN.
- HMN's Price/Earnings ratio is a bit cheaper when compared to the industry. HMN is cheaper than 61.90% of the companies in the same industry.
- When comparing the Price/Earnings ratio of HMN to the average of the S&P500 Index (24.89), we can say HMN is valued rather cheaply.
- A Price/Forward Earnings ratio of 9.16 indicates a reasonable valuation of HMN.
- HMN's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 22.19. HMN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 9.16 |
4.2 Price Multiples
- HMN's Enterprise Value to EBITDA ratio is in line with the industry average.
- 78.91% of the companies in the same industry are more expensive than HMN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.09 | ||
| EV/EBITDA | 8.34 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.35
EPS Next 2Y4.25%
EPS Next 3YN/A
5. HMN Dividend Analysis
5.1 Amount
- HMN has a Yearly Dividend Yield of 3.36%.
- Compared to an average industry Dividend Yield of 2.50, HMN pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, HMN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
5.2 History
- The dividend of HMN has a limited annual growth rate of 2.98%.
- HMN has been paying a dividend for at least 10 years, so it has a reliable track record.
- HMN has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.98%
Div Incr Years15
Div Non Decr Years15
5.3 Sustainability
- 35.23% of the earnings are spent on dividend by HMN. This is a low number and sustainable payout ratio.
- HMN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP35.23%
EPS Next 2Y4.25%
EPS Next 3YN/A
HMN Fundamentals: All Metrics, Ratios and Statistics
42.3
-0.57 (-1.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)05-04 2026-05-04
Inst Owners101.94%
Inst Owner Change-0.29%
Ins Owners1.2%
Ins Owner Change6.87%
Market Cap1.71B
Revenue(TTM)1.71B
Net Income(TTM)162.10M
Analysts75
Price Target50.32 (18.96%)
Short Float %1.69%
Short Ratio2.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
Yearly Dividend1.4
Dividend Growth(5Y)2.98%
DP35.23%
Div Incr Years15
Div Non Decr Years15
Ex-Date03-17 2026-03-17 (0.36)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.38%
Min EPS beat(2)1.74%
Max EPS beat(2)21.01%
EPS beat(4)4
Avg EPS beat(4)27.02%
Min EPS beat(4)1.74%
Max EPS beat(4)76.09%
EPS beat(8)7
Avg EPS beat(8)18.95%
EPS beat(12)11
Avg EPS beat(12)18.32%
EPS beat(16)12
Avg EPS beat(16)16.26%
Revenue beat(2)1
Avg Revenue beat(2)-0.68%
Min Revenue beat(2)-2.17%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)0.81%
Revenue beat(8)1
Avg Revenue beat(8)-2.36%
Revenue beat(12)2
Avg Revenue beat(12)-2.35%
Revenue beat(16)2
Avg Revenue beat(16)-2.28%
PT rev (1m)0%
PT rev (3m)-1.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.98%
EPS NY rev (1m)-2.4%
EPS NY rev (3m)-2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9 | ||
| Fwd PE | 9.16 | ||
| P/S | 1 | ||
| P/FCF | 3.09 | ||
| P/OCF | 3.09 | ||
| P/B | 1.15 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)4.7
EY11.11%
EPS(NY)4.62
Fwd EY10.91%
FCF(TTM)13.68
FCFY32.33%
OCF(TTM)13.68
OCFY32.33%
SpS42.27
BVpS36.66
TBVpS31.81
PEG (NY)N/A
PEG (5Y)1.35
Graham Number62.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.06% | ||
| ROE | 10.93% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.4% | ||
| PM (TTM) | 9.48% | ||
| GM | N/A | ||
| FCFM | 32.35% |
ROA(3y)0.7%
ROA(5y)0.61%
ROE(3y)7.58%
ROE(5y)6.08%
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 3Y105.86%
OM growth 5Y-0.07%
PM growth 3YN/A
PM growth 5Y-1.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.07 | ||
| Debt/EBITDA | 2.17 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 7.65 | ||
| Cash Conversion | 202.42% | ||
| Profit Quality | 341.27% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC7.94%
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)484.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)47.34%
EPS 3Y62.76%
EPS 5Y6.69%
EPS Q2Q%-25.77%
EPS Next Y-1.79%
EPS Next 2Y4.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.59%
Revenue growth 3Y7.06%
Revenue growth 5Y5.38%
Sales Q2Q%6.31%
Revenue Next Year6.52%
Revenue Next 2Y5.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y58.12%
EBIT growth 3Y120.39%
EBIT growth 5Y5.31%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.36%
FCF growth 3Y47.75%
FCF growth 5Y16.32%
OCF growth 1Y22.36%
OCF growth 3Y47.75%
OCF growth 5Y16.32%
HORACE MANN EDUCATORS / HMN Fundamental Analysis 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 5 / 10 to HORACE MANN EDUCATORS (HMN). This can be considered as Fairly Valued.
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 9 and the Price/Book (PB) ratio is 1.15.
What is the earnings growth outlook for HORACE MANN EDUCATORS?
The Earnings per Share (EPS) of HORACE MANN EDUCATORS (HMN) is expected to decline by -1.79% in the next year.