ASSURANT INC - AIZ 5 1/4 01/15/61 (AIZN)
US04621X3061
Taking everything into account, AIZN scores 5 out of 10 in our fundamental rating. AIZN was compared to 141 industry peers in the Insurance industry. AIZN has a medium profitability rating, but doesn't score so well on its financial health evaluation. AIZN scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
AIZN had positive earnings in the past year.
AIZN had a positive operating cash flow in the past year.
AIZN had positive earnings in each of the past 5 years.
Each year in the past 5 years AIZN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.91%, AIZN perfoms like the industry average, outperforming 56.83% of the companies in the same industry.
AIZN has a Return On Equity of 13.36%. This is in the better half of the industry: AIZN outperforms 66.91% of its industry peers.
AIZN's Return On Invested Capital of 2.61% is fine compared to the rest of the industry. AIZN outperforms 64.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AIZN is in line with the industry average of 4.12%.
The last Return On Invested Capital (2.61%) for AIZN is above the 3 year average (2.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 13.36% | ||
| ROIC | 2.61% |
ROA(3y)2.25%
ROA(5y)1.7%
ROE(3y)14.91%
ROE(5y)11.65%
ROIC(3y)2.16%
ROIC(5y)1.88%
1.3 Margins
The Profit Margin of AIZN (5.77%) is comparable to the rest of the industry.
AIZN's Profit Margin has improved in the last couple of years.
AIZN has a Operating Margin (8.35%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AIZN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.35% | ||
| PM (TTM) | 5.77% | ||
| GM | N/A |
OM growth 3Y5.56%
OM growth 5Y9.17%
PM growth 3Y9.5%
PM growth 5Y14.44%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AIZN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AIZN has less shares outstanding
AIZN has less shares outstanding than it did 5 years ago.
AIZN has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of AIZN is 2.22, which is a good value as it means it would take AIZN, 2.22 years of fcf income to pay off all of its debts.
AIZN has a Debt to FCF ratio of 2.22. This is comparable to the rest of the industry: AIZN outperforms 56.83% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that AIZN is not too dependend on debt financing.
AIZN has a Debt to Equity ratio (0.43) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | N/A |
ROIC/WACC0.39
WACC6.69%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
AIZN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.77%, which is quite impressive.
AIZN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.08% yearly.
The Revenue has grown by 9.21% in the past year. This is quite good.
AIZN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.68% yearly.
EPS 1Y (TTM)41.77%
EPS 3Y21.63%
EPS 5Y21.08%
EPS growth Q2Q41.8%
Revenue 1Y (TTM)9.21%
Revenue growth 3Y5.07%
Revenue growth 5Y6.68%
Revenue growth Q2Q12.17%
3.2 Future
AIZN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.05% yearly.
AIZN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.35% yearly.
EPS Next Y1.62%
EPS Next 2Y5.17%
EPS Next 3Y8.05%
EPS Next 5YN/A
Revenue Next Year6.8%
Revenue Next 2Y5.09%
Revenue Next 3Y5.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 1.36, which indicates a rather cheap valuation of AIZN.
Based on the Price/Earnings ratio, AIZN is valued cheaply inside the industry as 94.96% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AIZN to the average of the S&P500 Index (25.25), we can say AIZN is valued rather cheaply.
A Price/Forward Earnings ratio of 1.33 indicates a rather cheap valuation of AIZN.
Based on the Price/Forward Earnings ratio, AIZN is valued cheaper than 94.24% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.67, AIZN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.36 | ||
| Fwd PE | 1.33 |
4.2 Price Multiples
AIZN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AIZN is cheaper than 97.12% of the companies in the same industry.
AIZN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AIZN is cheaper than 90.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.17 | ||
| EV/EBITDA | 1.37 |
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.
The decent profitability rating of AIZN may justify a higher PE ratio.
PEG (NY)0.84
PEG (5Y)0.06
EPS Next 2Y5.17%
EPS Next 3Y8.05%
5. Dividend
5.1 Amount
AIZN has a Yearly Dividend Yield of 1.69%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.36, AIZN has a dividend in line with its industry peers.
AIZN's Dividend Yield is slightly below the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
5.2 History
The dividend of AIZN has a limited annual growth rate of 2.25%.
AIZN has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)2.25%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
23.70% of the earnings are spent on dividend by AIZN. This is a low number and sustainable payout ratio.
AIZN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.7%
EPS Next 2Y5.17%
EPS Next 3Y8.05%
ASSURANT INC - AIZ 5 1/4 01/15/61
NYSE:AIZN (4/24/2024, 7:04:00 PM)
After market: 21.02 -0.01 (-0.05%)21.03
-0.07 (-0.33%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.09B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.69% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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PT rev (1m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.36 | ||
| Fwd PE | 1.33 | ||
| 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)0.84
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.91% | ||
| ROE | 13.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.35% | ||
| PM (TTM) | 5.77% | ||
| 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 Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| 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)
Growth
EPS 1Y (TTM)41.77%
EPS 3Y21.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y1.62%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.21%
Revenue growth 3Y5.07%
Revenue growth 5Y
Revenue growth 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
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EBIT Next 5Y
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FCF growth 3Y
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