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ASSURANT INC (AIZ) Stock Fundamental Analysis

NYSE:AIZ - New York Stock Exchange, Inc. - US04621X1081 - Common Stock - Currency: USD

193.02  +0.39 (+0.2%)

After market: 193.02 0 (0%)

Fundamental Rating

4

Taking everything into account, AIZ scores 4 out of 10 in our fundamental rating. AIZ was compared to 143 industry peers in the Insurance industry. There are concerns on the financial health of AIZ while its profitability can be described as average. AIZ is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

AIZ had positive earnings in the past year.
AIZ had a positive operating cash flow in the past year.
Each year in the past 5 years AIZ has been profitable.
In the past 5 years AIZ always reported a positive cash flow from operatings.
AIZ Yearly Net Income VS EBIT VS OCF VS FCFAIZ Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

1.2 Ratios

AIZ's Return On Assets of 2.17% is in line compared to the rest of the industry. AIZ outperforms 50.35% of its industry peers.
AIZ has a better Return On Equity (14.89%) than 70.63% of its industry peers.
AIZ has a better Return On Invested Capital (2.98%) than 62.24% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AIZ is in line with the industry average of 4.27%.
The last Return On Invested Capital (2.98%) for AIZ is above the 3 year average (2.34%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.17%
ROE 14.89%
ROIC 2.98%
ROA(3y)1.64%
ROA(5y)1.97%
ROE(3y)11.6%
ROE(5y)13.34%
ROIC(3y)2.34%
ROIC(5y)2.2%
AIZ Yearly ROA, ROE, ROICAIZ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

Looking at the Profit Margin, with a value of 6.40%, AIZ is in line with its industry, outperforming 42.66% of the companies in the same industry.
AIZ's Profit Margin has improved in the last couple of years.
AIZ has a Operating Margin of 8.92%. This is comparable to the rest of the industry: AIZ outperforms 44.06% of its industry peers.
In the last couple of years the Operating Margin of AIZ has grown nicely.
Industry RankSector Rank
OM 8.92%
PM (TTM) 6.4%
GM N/A
OM growth 3Y0.17%
OM growth 5Y3.56%
PM growth 3Y-21.67%
PM growth 5Y10.86%
GM growth 3YN/A
GM growth 5YN/A
AIZ Yearly Profit, Operating, Gross MarginsAIZ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AIZ is destroying value.
Compared to 1 year ago, AIZ has less shares outstanding
Compared to 5 years ago, AIZ has less shares outstanding
Compared to 1 year ago, AIZ has an improved debt to assets ratio.
AIZ Yearly Shares OutstandingAIZ Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
AIZ Yearly Total Debt VS Total AssetsAIZ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

The Debt to FCF ratio of AIZ is 1.87, which is an excellent value as it means it would take AIZ, only 1.87 years of fcf income to pay off all of its debts.
AIZ has a Debt to FCF ratio of 1.87. This is comparable to the rest of the industry: AIZ outperforms 48.95% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that AIZ is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.41, AIZ is doing worse than 60.84% of the companies in the same industry.
Although AIZ 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 RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.87
Altman-Z N/A
ROIC/WACC0.36
WACC8.31%
AIZ Yearly LT Debt VS Equity VS FCFAIZ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
AIZ Yearly Current Assets VS Current LiabilitesAIZ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

3

3. Growth

3.1 Past

The earnings per share for AIZ have decreased strongly by -13.00% in the last year.
AIZ shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.42% yearly.
AIZ shows a small growth in Revenue. In the last year, the Revenue has grown by 6.70%.
Measured over the past years, AIZ shows a small growth in Revenue. The Revenue has been growing by 4.52% on average per year.
EPS 1Y (TTM)-13%
EPS 3Y18.92%
EPS 5Y14.42%
EPS Q2Q%-29.08%
Revenue 1Y (TTM)6.7%
Revenue growth 3Y5.25%
Revenue growth 5Y4.52%
Sales Q2Q%6.44%

3.2 Future

Based on estimates for the next years, AIZ will show a small growth in Earnings Per Share. The EPS will grow by 7.55% on average per year.
Based on estimates for the next years, AIZ will show a small growth in Revenue. The Revenue will grow by 4.75% on average per year.
EPS Next Y0.23%
EPS Next 2Y8.83%
EPS Next 3Y7.55%
EPS Next 5YN/A
Revenue Next Year5.79%
Revenue Next 2Y5.08%
Revenue Next 3Y4.75%
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.
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.
AIZ Yearly Revenue VS EstimatesAIZ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B 8B 10B
AIZ Yearly EPS VS EstimatesAIZ Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15 20

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 12.65, which indicates a correct valuation of AIZ.
The rest of the industry has a similar Price/Earnings ratio as AIZ.
The average S&P500 Price/Earnings ratio is at 25.91. AIZ is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.79 indicates a reasonable valuation of AIZ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AIZ is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 21.85. AIZ is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.65
Fwd PE 9.79
AIZ Price Earnings VS Forward Price EarningsAIZ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AIZ indicates a somewhat cheap valuation: AIZ is cheaper than 60.84% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as AIZ.
Industry RankSector Rank
P/FCF 8.83
EV/EBITDA 7.87
AIZ Per share dataAIZ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150 200

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AIZ has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)54.61
PEG (5Y)0.88
EPS Next 2Y8.83%
EPS Next 3Y7.55%

5

5. Dividend

5.1 Amount

AIZ has a Yearly Dividend Yield of 1.60%. Purely for dividend investing, there may be better candidates out there.
AIZ's Dividend Yield is comparable with the industry average which is at 3.17.
AIZ's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
Industry RankSector Rank
Dividend Yield 1.6%

5.2 History

The dividend of AIZ has a limited annual growth rate of 1.71%.
AIZ has paid a dividend for at least 10 years, which is a reliable track record.
As AIZ did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)1.71%
Div Incr Years9
Div Non Decr Years9
AIZ Yearly Dividends per shareAIZ Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

AIZ pays out 20.51% of its income as dividend. This is a sustainable payout ratio.
The dividend of AIZ is growing, but earnings are growing more, so the dividend growth is sustainable.
DP20.51%
EPS Next 2Y8.83%
EPS Next 3Y7.55%
AIZ Yearly Income VS Free CF VS DividendAIZ Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AIZ Dividend Payout.AIZ Dividend Payout, showing the Payout Ratio.AIZ Dividend Payout.PayoutRetained Earnings

ASSURANT INC

NYSE:AIZ (5/22/2025, 8:04:00 PM)

After market: 193.02 0 (0%)

193.02

+0.39 (+0.2%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)05-06 2025-05-06/amc
Earnings (Next)08-04 2025-08-04/amc
Inst Owners97.71%
Inst Owner Change0.85%
Ins Owners0.47%
Ins Owner Change2.55%
Market Cap9.82B
Analysts78.33
Price Target231.95 (20.17%)
Short Float %2.49%
Short Ratio2.65
Dividend
Industry RankSector Rank
Dividend Yield 1.6%
Yearly Dividend3.03
Dividend Growth(5Y)1.71%
DP20.51%
Div Incr Years9
Div Non Decr Years9
Ex-Date02-03 2025-02-03 (0.8)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.3%
Min EPS beat(2)14.79%
Max EPS beat(2)17.8%
EPS beat(4)4
Avg EPS beat(4)16.59%
Min EPS beat(4)11.59%
Max EPS beat(4)22.16%
EPS beat(8)8
Avg EPS beat(8)27.55%
EPS beat(12)10
Avg EPS beat(12)20.41%
EPS beat(16)13
Avg EPS beat(16)18.51%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.04%
Max Revenue beat(2)0.94%
Revenue beat(4)3
Avg Revenue beat(4)0.41%
Min Revenue beat(4)-0.04%
Max Revenue beat(4)0.94%
Revenue beat(8)7
Avg Revenue beat(8)1.56%
Revenue beat(12)8
Avg Revenue beat(12)-0.17%
Revenue beat(16)10
Avg Revenue beat(16)0.19%
PT rev (1m)-2.24%
PT rev (3m)-0.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.57%
EPS NY rev (1m)3.75%
EPS NY rev (3m)-3.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.58%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)1.67%
Valuation
Industry RankSector Rank
PE 12.65
Fwd PE 9.79
P/S 0.83
P/FCF 8.83
P/OCF 7.37
P/B 1.92
P/tB 5.02
EV/EBITDA 7.87
EPS(TTM)15.26
EY7.91%
EPS(NY)19.72
Fwd EY10.22%
FCF(TTM)21.85
FCFY11.32%
OCF(TTM)26.2
OCFY13.57%
SpS233.49
BVpS100.39
TBVpS38.43
PEG (NY)54.61
PEG (5Y)0.88
Profitability
Industry RankSector Rank
ROA 2.17%
ROE 14.89%
ROCE 3.69%
ROIC 2.98%
ROICexc 3.18%
ROICexgc 5.67%
OM 8.92%
PM (TTM) 6.4%
GM N/A
FCFM 9.36%
ROA(3y)1.64%
ROA(5y)1.97%
ROE(3y)11.6%
ROE(5y)13.34%
ROIC(3y)2.34%
ROIC(5y)2.2%
ROICexc(3y)2.49%
ROICexc(5y)2.35%
ROICexgc(3y)4.34%
ROICexgc(5y)4.11%
ROCE(3y)2.9%
ROCE(5y)2.73%
ROICexcg growth 3Y6.82%
ROICexcg growth 5Y13.88%
ROICexc growth 3Y4.87%
ROICexc growth 5Y15.01%
OM growth 3Y0.17%
OM growth 5Y3.56%
PM growth 3Y-21.67%
PM growth 5Y10.86%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.87
Debt/EBITDA 1.62
Cap/Depr 99.02%
Cap/Sales 1.86%
Interest Coverage 250
Cash Conversion 103.88%
Profit Quality 146.2%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score9
WACC8.31%
ROIC/WACC0.36
Cap/Depr(3y)101.5%
Cap/Depr(5y)99.54%
Cap/Sales(3y)1.84%
Cap/Sales(5y)1.72%
Profit Quality(3y)146.68%
Profit Quality(5y)154.63%
High Growth Momentum
Growth
EPS 1Y (TTM)-13%
EPS 3Y18.92%
EPS 5Y14.42%
EPS Q2Q%-29.08%
EPS Next Y0.23%
EPS Next 2Y8.83%
EPS Next 3Y7.55%
EPS Next 5YN/A
Revenue 1Y (TTM)6.7%
Revenue growth 3Y5.25%
Revenue growth 5Y4.52%
Sales Q2Q%6.44%
Revenue Next Year5.79%
Revenue Next 2Y5.08%
Revenue Next 3Y4.75%
Revenue Next 5YN/A
EBIT growth 1Y13.9%
EBIT growth 3Y5.43%
EBIT growth 5Y8.24%
EBIT Next Year22.3%
EBIT Next 3Y10.05%
EBIT Next 5YN/A
FCF growth 1Y18.79%
FCF growth 3Y23.2%
FCF growth 5Y-3.13%
OCF growth 1Y17.1%
OCF growth 3Y19.46%
OCF growth 5Y-1.17%