ALLSTATE CORP (ALL) Stock Fundamental Analysis
USA - NYSE:ALL - US0200021014 - Common Stock
193.74 USD
-0.05 (-0.03%)
193.74 USD
0 (0%)
Overall ALL gets a fundamental rating of 4 out of 10. We evaluated ALL against 147 industry peers in the Insurance industry. There are concerns on the financial health of ALL while its profitability can be described as average. ALL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
ALL had positive earnings in the past year.
ALL had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ALL reported negative net income in multiple years.
Each year in the past 5 years ALL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.92%, ALL belongs to the best of the industry, outperforming 86.39% of the companies in the same industry.
ALL has a Return On Equity of 23.75%. This is amongst the best in the industry. ALL outperforms 91.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 23.75% | ||
| ROIC | N/A |
ROA(3y)0.78%
ROA(5y)1.63%
ROE(3y)3.78%
ROE(5y)7.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ALL's Profit Margin of 8.62% is in line compared to the rest of the industry. ALL outperforms 57.14% of its industry peers.
In the last couple of years the Profit Margin of ALL has declined.
ALL's Operating Margin of 10.38% is in line compared to the rest of the industry. ALL outperforms 46.94% of its industry peers.
In the last couple of years the Operating Margin of ALL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.38% | ||
| PM (TTM) | 8.62% | ||
| GM | N/A |
OM growth 3Y-11.15%
OM growth 5Y-7.38%
PM growth 3Y34.22%
PM growth 5Y-8.82%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ALL does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ALL has been increased compared to 1 year ago.
The number of shares outstanding for ALL has been reduced compared to 5 years ago.
ALL has a better debt/assets ratio than last year.
2.2 Solvency
ALL has a debt to FCF ratio of 0.95. This is a very positive value and a sign of high solvency as it would only need 0.95 years to pay back of all of its debts.
ALL has a Debt to FCF ratio of 0.95. This is in the better half of the industry: ALL outperforms 71.43% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that ALL is not too dependend on debt financing.
The Debt to Equity ratio of ALL (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 0.95 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8%
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 57.44% over the past year.
ALL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.88% yearly.
ALL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.81%.
ALL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.06% yearly.
EPS 1Y (TTM)57.44%
EPS 3Y11.04%
EPS 5Y11.88%
EPS Q2Q%268.94%
Revenue 1Y (TTM)9.81%
Revenue growth 3Y8.21%
Revenue growth 5Y9.06%
Sales Q2Q%5.38%
3.2 Future
Based on estimates for the next years, ALL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.87% on average per year.
Based on estimates for the next years, ALL will show a small growth in Revenue. The Revenue will grow by 6.95% on average per year.
EPS Next Y22.89%
EPS Next 2Y12.6%
EPS Next 3Y8.87%
EPS Next 5YN/A
Revenue Next Year7.05%
Revenue Next 2Y7.2%
Revenue Next 3Y7.06%
Revenue Next 5Y6.95%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.20, the valuation of ALL can be described as reasonable.
Based on the Price/Earnings ratio, ALL is valued a bit cheaper than the industry average as 67.35% of the companies are valued more expensively.
ALL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.77.
With a Price/Forward Earnings ratio of 8.34, the valuation of ALL can be described as very reasonable.
Based on the Price/Forward Earnings ratio, ALL is valued a bit cheaper than the industry average as 67.35% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, ALL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.2 | ||
| Fwd PE | 8.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALL is valued a bit cheaper than the industry average as 61.22% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ALL is valued a bit cheaper than the industry average as 68.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.98 | ||
| EV/EBITDA | 7.83 |
4.3 Compensation for Growth
ALL's 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)0.77
EPS Next 2Y12.6%
EPS Next 3Y8.87%
5. Dividend
5.1 Amount
ALL has a Yearly Dividend Yield of 2.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.31, ALL has a dividend in line with its industry peers.
ALL's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
On average, the dividend of ALL grows each year by 11.11%, which is quite nice.
ALL has been paying a dividend for at least 10 years, so it has a reliable track record.
ALL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.11%
Div Incr Years14
Div Non Decr Years15
5.3 Sustainability
ALL pays out 19.49% of its income as dividend. This is a sustainable payout ratio.
The dividend of ALL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP19.49%
EPS Next 2Y12.6%
EPS Next 3Y8.87%
193.74
-0.05 (-0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners81.61%
Inst Owner Change0.26%
Ins Owners0.55%
Ins Owner Change-0.27%
Market Cap51.05B
Analysts80.74
Price Target238.23 (22.96%)
Short Float %1.43%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend4.09
Dividend Growth(5Y)11.11%
DP19.49%
Div Incr Years14
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.09%
Min EPS beat(2)41.32%
Max EPS beat(2)78.86%
EPS beat(4)4
Avg EPS beat(4)51.28%
Min EPS beat(4)20.62%
Max EPS beat(4)78.86%
EPS beat(8)8
Avg EPS beat(8)85.54%
EPS beat(12)10
Avg EPS beat(12)57.36%
EPS beat(16)11
Avg EPS beat(16)41.19%
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)2.27%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)2.27%
Revenue beat(8)2
Avg Revenue beat(8)-0.78%
Revenue beat(12)4
Avg Revenue beat(12)1.65%
Revenue beat(16)8
Avg Revenue beat(16)5.8%
PT rev (1m)0.09%
PT rev (3m)-0.33%
EPS NQ rev (1m)40.3%
EPS NQ rev (3m)60.28%
EPS NY rev (1m)3.67%
EPS NY rev (3m)22.77%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-0.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.2 | ||
| Fwd PE | 8.34 | ||
| P/S | 0.77 | ||
| P/FCF | 5.98 | ||
| P/OCF | 5.84 | ||
| P/B | 2.13 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 7.83 |
EPS(TTM)21.05
EY10.87%
EPS(NY)23.23
Fwd EY11.99%
FCF(TTM)32.4
FCFY16.73%
OCF(TTM)33.18
OCFY17.13%
SpS251.29
BVpS91.15
TBVpS79.32
PEG (NY)0.4
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 23.75% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 10.38% | ||
| PM (TTM) | 8.62% | ||
| GM | N/A | ||
| FCFM | 12.9% |
ROA(3y)0.78%
ROA(5y)1.63%
ROE(3y)3.78%
ROE(5y)7.06%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-11.15%
OM growth 5Y-7.38%
PM growth 3Y34.22%
PM growth 5Y-8.82%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 0.95 | ||
| Debt/EBITDA | 1.09 | ||
| Cap/Depr | 37.09% | ||
| Cap/Sales | 0.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 117.78% | ||
| Profit Quality | 149.68% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8%
ROIC/WACCN/A
Cap/Depr(3y)41.78%
Cap/Depr(5y)40.4%
Cap/Sales(3y)0.54%
Cap/Sales(5y)0.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)57.44%
EPS 3Y11.04%
EPS 5Y11.88%
EPS Q2Q%268.94%
EPS Next Y22.89%
EPS Next 2Y12.6%
EPS Next 3Y8.87%
EPS Next 5YN/A
Revenue 1Y (TTM)9.81%
Revenue growth 3Y8.21%
Revenue growth 5Y9.06%
Sales Q2Q%5.38%
Revenue Next Year7.05%
Revenue Next 2Y7.2%
Revenue Next 3Y7.06%
Revenue Next 5Y6.95%
EBIT growth 1Y62.56%
EBIT growth 3Y-3.85%
EBIT growth 5Y1.02%
EBIT Next Year34.27%
EBIT Next 3Y14.01%
EBIT Next 5YN/A
FCF growth 1Y91.76%
FCF growth 3Y22.27%
FCF growth 5Y13.18%
OCF growth 1Y82.68%
OCF growth 3Y20.41%
OCF growth 5Y11.73%