HARTFORD FINANCIAL SVCS GRP (HIG)
US4165151048 - Common Stock
Taking everything into account, HIG scores 5 out of 10 in our fundamental rating. HIG was compared to 139 industry peers in the Insurance industry. Both the profitability and the financial health of HIG get a neutral evaluation. Nothing too spectacular is happening here. HIG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HIG had positive earnings in the past year.
HIG had a positive operating cash flow in the past year.
Each year in the past 5 years HIG has been profitable.
Each year in the past 5 years HIG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of HIG (3.48%) is better than 72.99% of its industry peers.
HIG's Return On Equity of 17.46% is fine compared to the rest of the industry. HIG outperforms 78.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 17.46% | ||
| ROIC | N/A |
ROA(3y)2.92%
ROA(5y)2.8%
ROE(3y)14.15%
ROE(5y)12.88%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 10.79%, HIG is in the better half of the industry, outperforming 67.15% of the companies in the same industry.
In the last couple of years the Profit Margin of HIG has remained more or less at the same level.
With a decent Operating Margin value of 14.19%, HIG is doing good in the industry, outperforming 64.23% of the companies in the same industry.
HIG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.19% | ||
| PM (TTM) | 10.79% | ||
| GM | N/A |
OM growth 3Y3.85%
OM growth 5Y4.29%
PM growth 3Y6.58%
PM growth 5Y1.28%
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.
Compared to 1 year ago, HIG has less shares outstanding
HIG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HIG has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of HIG is 1.03, which is an excellent value as it means it would take HIG, only 1.03 years of fcf income to pay off all of its debts.
HIG has a Debt to FCF ratio of 1.03. This is in the better half of the industry: HIG outperforms 65.69% of its industry peers.
HIG has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HIG (0.28) is better than 64.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 1.03 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.21%
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 26.25%, which is quite impressive.
HIG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.53% yearly.
Looking at the last year, HIG shows a quite strong growth in Revenue. The Revenue has grown by 9.43% in the last year.
The Revenue has been growing slightly by 5.28% on average over the past years.
EPS 1Y (TTM)26.25%
EPS 3Y15.52%
EPS 5Y15.53%
EPS Q2Q%39.29%
Revenue 1Y (TTM)9.43%
Revenue growth 3Y6.12%
Revenue growth 5Y5.28%
Sales Q2Q%8.61%
3.2 Future
HIG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.26% yearly.
Based on estimates for the next years, HIG will show a small growth in Revenue. The Revenue will grow by 5.58% on average per year.
EPS Next Y13.06%
EPS Next 2Y13.81%
EPS Next 3Y13.26%
EPS Next 5YN/A
Revenue Next Year6.6%
Revenue Next 2Y6.75%
Revenue Next 3Y5.58%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.58, the valuation of HIG can be described as reasonable.
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 28.66.
Based on the Price/Forward Earnings ratio of 8.77, the valuation of HIG can be described as reasonable.
HIG's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.15, HIG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.58 | ||
| Fwd PE | 8.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HIG is valued a bit cheaper than 73.72% of the companies in the same industry.
HIG's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.08 | ||
| EV/EBITDA | 5.44 |
4.3 Compensation for Growth
HIG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HIG's earnings are expected to grow with 13.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)0.68
EPS Next 2Y13.81%
EPS Next 3Y13.26%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.89%.
Compared to an average industry Dividend Yield of 4.41, HIG has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.39, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
The dividend of HIG is nicely growing with an annual growth rate of 11.07%!
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)11.07%
Div Incr Years11
Div Non Decr Years14
5.3 Sustainability
HIG pays out 20.58% of its income as dividend. This is a sustainable payout ratio.
The dividend of HIG is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP20.58%
EPS Next 2Y13.81%
EPS Next 3Y13.26%
HARTFORD FINANCIAL SVCS GRP
NYSE:HIG (6/17/2024, 7:04:00 PM)
After market: 101.24 0 (0%)101.24
+1.77 (+1.78%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap29.94B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.58 | ||
| Fwd PE | 8.77 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.81
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 17.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.19% | ||
| PM (TTM) | 10.79% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)26.25%
EPS 3Y15.52%
EPS 5Y
EPS Q2Q%
EPS Next Y13.06%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.43%
Revenue growth 3Y6.12%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y