36.51 USD
0 (0%)
36.51 USD
0 (0%)
UFCS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 148 industry peers in the Insurance industry. While UFCS is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
In multiple years UFCS reported negative net income over the last 5 years.
UFCS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of UFCS (2.96%) is better than 63.51% of its industry peers.
UFCS has a Return On Equity (12.38%) which is in line with its industry peers.
UFCS has a Return On Invested Capital of 3.33%. This is in the better half of the industry: UFCS outperforms 62.16% of its industry peers.
| 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
UFCS has a Profit Margin (8.22%) which is comparable to the rest of the 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 45.27% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
With an excellent Debt to FCF ratio value of 0.49, UFCS belongs to the best of the industry, outperforming 80.41% of the companies in the same industry.
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
WACC8.61%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
UFCS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 123.08%, which is quite impressive.
Measured over the past years, UFCS shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.74% on average per year.
The Revenue has grown by 12.12% in the past year. This is quite good.
The Revenue has been growing slightly by 0.85% on average over the past years.
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
UFCS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.44% yearly.
The Revenue is expected to grow by 10.08% on average over the next years. This is quite good.
EPS Next Y57.4%
EPS Next 2Y20.42%
EPS Next 3Y13.44%
EPS Next 5YN/A
Revenue Next Year8.41%
Revenue Next 2Y5.84%
Revenue Next 3Y10.08%
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
A Price/Earnings ratio of 8.39 indicates a reasonable valuation of UFCS.
Based on the Price/Earnings ratio, UFCS is valued a bit cheaper than the industry average as 72.30% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of UFCS to the average of the S&P500 Index (26.77), we can say UFCS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.87, the valuation of UFCS can be described as reasonable.
UFCS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. UFCS is cheaper than 60.81% of the companies in the same industry.
UFCS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 9.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UFCS is valued a bit cheaper than the industry average as 76.35% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UFCS indicates a rather cheap valuation: UFCS is cheaper than 83.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.13 | ||
| 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.
A more expensive valuation may be justified as UFCS's earnings are expected to grow with 13.44% in the coming years.
PEG (NY)0.15
PEG (5Y)0.26
EPS Next 2Y20.42%
EPS Next 3Y13.44%
5. Dividend
5.1 Amount
UFCS has a Yearly Dividend Yield of 1.73%. Purely for dividend investing, there may be better candidates out there.
UFCS's Dividend Yield is comparable with the industry average which is at 2.42.
UFCS's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
5.2 History
The dividend of UFCS decreases each year by -13.28%.
UFCS has been paying a dividend for at least 10 years, so it has 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
UFCS pays out 14.63% of its income as dividend. This is a sustainable payout ratio.
DP14.63%
EPS Next 2Y20.42%
EPS Next 3Y13.44%
36.51
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners67.68%
Inst Owner Change1.85%
Ins Owners17.96%
Ins Owner Change-0.1%
Market Cap931.37M
Revenue(TTM)1.35B
Net Income(TTM)111.28M
Analysts80
Price Target37.23 (1.97%)
Short Float %1.4%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.73% |
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)0%
PT rev (3m)14.06%
EPS NQ rev (1m)23.13%
EPS NQ rev (3m)14.56%
EPS NY rev (1m)29.87%
EPS NY rev (3m)29.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.55%
Revenue NY rev (1m)-1.99%
Revenue NY rev (3m)-1.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 9.87 | ||
| P/S | 0.69 | ||
| P/FCF | 3.13 | ||
| P/OCF | 3.04 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)4.35
EY11.91%
EPS(NY)3.7
Fwd EY10.13%
FCF(TTM)11.66
FCFY31.95%
OCF(TTM)12.01
OCFY32.88%
SpS53.07
BVpS35.23
TBVpS35.1
PEG (NY)0.15
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
WACC8.61%
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 Y57.4%
EPS Next 2Y20.42%
EPS Next 3Y13.44%
EPS Next 5YN/A
Revenue 1Y (TTM)12.12%
Revenue growth 3Y5.54%
Revenue growth 5Y0.85%
Sales Q2Q%9.62%
Revenue Next Year8.41%
Revenue Next 2Y5.84%
Revenue Next 3Y10.08%
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 57.4% 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%.