36.43 USD
-0.12 (-0.33%)
36.43 USD
0 (0%)
Taking everything into account, UFCS scores 5 out of 10 in our fundamental rating. UFCS was compared to 148 industry peers in the Insurance industry. UFCS has a medium profitability rating, but doesn't score so well on its financial health evaluation. UFCS is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year UFCS was profitable.
In the past year UFCS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: UFCS reported negative net income in multiple years.
UFCS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 2.96%, UFCS is doing good in the industry, outperforming 61.49% of the companies in the same industry.
UFCS has a Return On Equity (12.38%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.33%, UFCS is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.96% | ||
| ROE | 12.38% | ||
| ROIC | 3.33% |
ROA(3y)0.45%
ROA(5y)0.07%
ROE(3y)1.97%
ROE(5y)0.28%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 8.22%, UFCS perfoms like the industry average, outperforming 50.68% of the companies in the same industry.
UFCS's Profit Margin has improved in the last couple of years.
UFCS has a Operating Margin of 11.07%. This is comparable to the rest of the industry: UFCS outperforms 45.95% of its industry peers.
UFCS's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.07% | ||
| PM (TTM) | 8.22% | ||
| GM | N/A |
OM growth 3Y-10.49%
OM growth 5Y36.75%
PM growth 3Y-13.2%
PM growth 5Y32.03%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UFCS is destroying value.
Compared to 1 year ago, UFCS has more shares outstanding
Compared to 5 years ago, UFCS has more shares outstanding
UFCS has a worse debt/assets ratio than last year.
2.2 Solvency
UFCS has a debt to FCF ratio of 0.49. This is a very positive value and a sign of high solvency as it would only need 0.49 years to pay back of all of its debts.
The Debt to FCF ratio of UFCS (0.49) is better than 79.73% of its industry peers.
UFCS has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of UFCS (0.16) is better than 71.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.49 | ||
| Altman-Z | N/A |
ROIC/WACC0.39
WACC8.52%
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 123.08% over the past year.
UFCS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.74% yearly.
The Revenue has grown by 12.12% in the past year. This is quite good.
Measured over the past years, UFCS shows a small growth in Revenue. The Revenue has been growing by 0.85% on average per year.
EPS 1Y (TTM)123.08%
EPS 3Y14.47%
EPS 5Y32.74%
EPS Q2Q%85.19%
Revenue 1Y (TTM)12.12%
Revenue growth 3Y5.54%
Revenue growth 5Y0.85%
Sales Q2Q%9.62%
3.2 Future
Based on estimates for the next years, UFCS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.87% on average per year.
Based on estimates for the next years, UFCS will show a quite strong growth in Revenue. The Revenue will grow by 12.56% on average per year.
EPS Next Y21.2%
EPS Next 2Y11.36%
EPS Next 3Y11.87%
EPS Next 5YN/A
Revenue Next Year10.6%
Revenue Next 2Y12.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
With a Price/Earnings ratio of 8.37, the valuation of UFCS can be described as very reasonable.
Based on the Price/Earnings ratio, UFCS is valued a bit cheaper than the industry average as 70.27% of the companies are valued more expensively.
UFCS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
UFCS is valuated reasonably with a Price/Forward Earnings ratio of 11.52.
UFCS's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.56. UFCS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 11.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UFCS indicates a somewhat cheap valuation: UFCS is cheaper than 76.35% of the companies listed in the same industry.
UFCS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UFCS is cheaper than 81.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.12 | ||
| EV/EBITDA | 5.27 |
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.
PEG (NY)0.4
PEG (5Y)0.26
EPS Next 2Y11.36%
EPS Next 3Y11.87%
5. Dividend
5.1 Amount
UFCS has a Yearly Dividend Yield of 1.72%. Purely for dividend investing, there may be better candidates out there.
UFCS's Dividend Yield is comparable with the industry average which is at 3.32.
Compared to the average S&P500 Dividend Yield of 2.32, UFCS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
5.2 History
The dividend of UFCS decreases each year by -13.28%.
UFCS has paid a dividend for at least 10 years, which is a reliable track record.
UFCS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-13.28%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
14.63% of the earnings are spent on dividend by UFCS. This is a low number and sustainable payout ratio.
DP14.63%
EPS Next 2Y11.36%
EPS Next 3Y11.87%
36.43
-0.12 (-0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners67.03%
Inst Owner Change1.85%
Ins Owners17.97%
Ins Owner Change-0.11%
Market Cap929.33M
Revenue(TTM)1.35B
Net Income(TTM)111.28M
Analysts80
Price Target37.23 (2.2%)
Short Float %0.99%
Short Ratio1.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
Yearly Dividend0.64
Dividend Growth(5Y)-13.28%
DP14.63%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.26%
Min EPS beat(2)63.4%
Max EPS beat(2)113.13%
EPS beat(4)4
Avg EPS beat(4)61.52%
Min EPS beat(4)7.23%
Max EPS beat(4)113.13%
EPS beat(8)7
Avg EPS beat(8)-131.93%
EPS beat(12)8
Avg EPS beat(12)310.62%
EPS beat(16)11
Avg EPS beat(16)250.91%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-2.69%
Max Revenue beat(2)-2.08%
Revenue beat(4)0
Avg Revenue beat(4)-2.09%
Min Revenue beat(4)-3.44%
Max Revenue beat(4)-0.16%
Revenue beat(8)3
Avg Revenue beat(8)-0.39%
Revenue beat(12)5
Avg Revenue beat(12)0.1%
Revenue beat(16)5
Avg Revenue beat(16)-1.93%
PT rev (1m)14.06%
PT rev (3m)14.06%
EPS NQ rev (1m)-6.96%
EPS NQ rev (3m)83.75%
EPS NY rev (1m)0%
EPS NY rev (3m)2.02%
Revenue NQ rev (1m)-7.55%
Revenue NQ rev (3m)-7.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 11.52 | ||
| P/S | 0.69 | ||
| P/FCF | 3.12 | ||
| P/OCF | 3.03 | ||
| P/B | 1.03 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)4.35
EY11.94%
EPS(NY)3.16
Fwd EY8.68%
FCF(TTM)11.66
FCFY32.02%
OCF(TTM)12.01
OCFY32.96%
SpS53.07
BVpS35.23
TBVpS35.1
PEG (NY)0.4
PEG (5Y)0.26
Graham Number58.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.96% | ||
| ROE | 12.38% | ||
| ROCE | 4.14% | ||
| ROIC | 3.33% | ||
| ROICexc | 3.56% | ||
| ROICexgc | 4.05% | ||
| OM | 11.07% | ||
| PM (TTM) | 8.22% | ||
| GM | N/A | ||
| FCFM | 21.98% |
ROA(3y)0.45%
ROA(5y)0.07%
ROE(3y)1.97%
ROE(5y)0.28%
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 3Y-7.23%
ROICexgc growth 5Y36.77%
ROICexc growth 3Y-9.08%
ROICexc growth 5Y34.39%
OM growth 3Y-10.49%
OM growth 5Y36.75%
PM growth 3Y-13.2%
PM growth 5Y32.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 0.49 | ||
| Debt/EBITDA | 0.91 | ||
| Cap/Depr | 83.94% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 14.33 | ||
| Cash Conversion | 191.12% | ||
| Profit Quality | 267.38% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC8.52%
ROIC/WACC0.39
Cap/Depr(3y)79.91%
Cap/Depr(5y)146.79%
Cap/Sales(3y)0.72%
Cap/Sales(5y)1.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)123.08%
EPS 3Y14.47%
EPS 5Y32.74%
EPS Q2Q%85.19%
EPS Next Y21.2%
EPS Next 2Y11.36%
EPS Next 3Y11.87%
EPS Next 5YN/A
Revenue 1Y (TTM)12.12%
Revenue growth 3Y5.54%
Revenue growth 5Y0.85%
Sales Q2Q%9.62%
Revenue Next Year10.6%
Revenue Next 2Y12.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y122.69%
EBIT growth 3Y-5.53%
EBIT growth 5Y37.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y74.4%
FCF growth 3Y174.38%
FCF growth 5Y39.85%
OCF growth 1Y72.06%
OCF growth 3Y124.94%
OCF growth 5Y29.4%
UNITED FIRE GROUP INC / UFCS FAQ
What is the fundamental rating for UFCS stock?
ChartMill assigns a fundamental rating of 5 / 10 to UFCS.
What is the valuation status of UNITED FIRE GROUP INC (UFCS) stock?
ChartMill assigns a valuation rating of 7 / 10 to UNITED FIRE GROUP INC (UFCS). This can be considered as Undervalued.
What is the profitability of UFCS stock?
UNITED FIRE GROUP INC (UFCS) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for UFCS stock?
The Earnings per Share (EPS) of UNITED FIRE GROUP INC (UFCS) is expected to grow by 21.2% in the next year.
Can you provide the dividend sustainability for UFCS stock?
The dividend rating of UNITED FIRE GROUP INC (UFCS) is 4 / 10 and the dividend payout ratio is 14.63%.