ALLSTATE CORP (ALL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALL - US0200021014 - Common Stock
214.32 USD
+2.58 (+1.22%)
214.32 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ALL. ALL was compared to 147 industry peers in the Insurance industry. While ALL is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on ALL. Finally ALL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ALL had positive earnings in the past year.
In the past year ALL had a positive cash flow from operations.
In multiple years ALL reported negative net income over the last 5 years.
Each year in the past 5 years ALL had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.86%, ALL belongs to the top of the industry, outperforming 91.16% of the companies in the same industry.
With an excellent Return On Equity value of 30.03%, ALL belongs to the best of the industry, outperforming 95.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 30.03% | ||
| 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
With a decent Profit Margin value of 12.36%, ALL is doing good in the industry, outperforming 70.75% of the companies in the same industry.
In the last couple of years the Profit Margin of ALL has declined.
ALL has a Operating Margin of 14.27%. This is in the better half of the industry: ALL outperforms 68.03% of its industry peers.
ALL's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.27% | ||
| PM (TTM) | 12.36% | ||
| 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.
Compared to 1 year ago, ALL has more shares outstanding
Compared to 5 years ago, ALL has less shares outstanding
ALL has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of ALL is 0.94, which is an excellent value as it means it would take ALL, only 0.94 years of fcf income to pay off all of its debts.
ALL has a Debt to FCF ratio of 0.94. This is in the better half of the industry: ALL outperforms 70.07% of its industry peers.
ALL has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.29, ALL perfoms like the industry average, outperforming 54.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.11%
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 71.89% over the past year.
The Earnings Per Share has been growing by 11.88% on average over the past years. This is quite good.
The Revenue has been growing slightly by 7.07% in the past year.
The Revenue has been growing by 9.06% on average over the past years. This is quite good.
EPS 1Y (TTM)71.89%
EPS 3Y11.04%
EPS 5Y11.88%
EPS Q2Q%185.68%
Revenue 1Y (TTM)7.07%
Revenue growth 3Y8.21%
Revenue growth 5Y9.06%
Sales Q2Q%6.28%
3.2 Future
ALL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.82% yearly.
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 Y33.28%
EPS Next 2Y12.78%
EPS Next 3Y8.82%
EPS Next 5YN/A
Revenue Next Year6.85%
Revenue Next 2Y6.74%
Revenue Next 3Y6.47%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ALL is valuated cheaply with a Price/Earnings ratio of 7.57.
ALL's Price/Earnings ratio is a bit cheaper when compared to the industry. ALL is cheaper than 73.47% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. ALL is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.20 indicates a reasonable valuation of ALL.
Based on the Price/Forward Earnings ratio, ALL is valued a bit cheaper than 61.22% of the companies in the same industry.
ALL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 9.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALL is valued a bit cheaper than 70.07% of the companies in the same industry.
65.31% of the companies in the same industry are more expensive than ALL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.54 | ||
| EV/EBITDA | 6.25 |
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)0.23
PEG (5Y)0.64
EPS Next 2Y12.78%
EPS Next 3Y8.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.55%, ALL is a good candidate for dividend investing.
ALL's Dividend Yield is rather good when compared to the industry average which is at 3.51. ALL pays more dividend than 92.52% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ALL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.55% |
5.2 History
On average, the dividend of ALL grows each year by 11.11%, which is quite nice.
ALL has paid a dividend for at least 10 years, which is a reliable track record.
ALL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.11%
Div Incr Years14
Div Non Decr Years15
5.3 Sustainability
ALL pays out 13.72% 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.
DP13.72%
EPS Next 2Y12.78%
EPS Next 3Y8.82%
214.32
+2.58 (+1.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners81.61%
Inst Owner Change4.16%
Ins Owners0.55%
Ins Owner Change-5.16%
Market Cap56.48B
Revenue(TTM)66.85B
Net Income(TTM)8.26B
Analysts80
Price Target241.1 (12.5%)
Short Float %1.07%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.55% |
Yearly Dividend4.09
Dividend Growth(5Y)11.11%
DP13.72%
Div Incr Years14
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)62.74%
Min EPS beat(2)46.62%
Max EPS beat(2)78.86%
EPS beat(4)4
Avg EPS beat(4)46.86%
Min EPS beat(4)20.62%
Max EPS beat(4)78.86%
EPS beat(8)8
Avg EPS beat(8)82.24%
EPS beat(12)11
Avg EPS beat(12)61.4%
EPS beat(16)12
Avg EPS beat(16)47.66%
Revenue beat(2)0
Avg Revenue beat(2)-1.72%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)-1.19%
Revenue beat(4)1
Avg Revenue beat(4)-0.72%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)2.27%
Revenue beat(8)2
Avg Revenue beat(8)-0.92%
Revenue beat(12)3
Avg Revenue beat(12)0.82%
Revenue beat(16)7
Avg Revenue beat(16)4.69%
PT rev (1m)1.2%
PT rev (3m)0.38%
EPS NQ rev (1m)6.85%
EPS NQ rev (3m)8.12%
EPS NY rev (1m)8.45%
EPS NY rev (3m)33.14%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.57 | ||
| Fwd PE | 9.2 | ||
| P/S | 0.84 | ||
| P/FCF | 6.54 | ||
| P/OCF | 6.4 | ||
| P/B | 2.05 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)28.31
EY13.21%
EPS(NY)23.3
Fwd EY10.87%
FCF(TTM)32.78
FCFY15.29%
OCF(TTM)33.49
OCFY15.63%
SpS253.68
BVpS104.38
TBVpS92.55
PEG (NY)0.23
PEG (5Y)0.64
Graham Number257.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 30.03% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.27% | ||
| PM (TTM) | 12.36% | ||
| GM | N/A | ||
| FCFM | 12.92% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.94 | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | 36% | ||
| Cap/Sales | 0.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.69% | ||
| Profit Quality | 104.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.11%
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)71.89%
EPS 3Y11.04%
EPS 5Y11.88%
EPS Q2Q%185.68%
EPS Next Y33.28%
EPS Next 2Y12.78%
EPS Next 3Y8.82%
EPS Next 5YN/A
Revenue 1Y (TTM)7.07%
Revenue growth 3Y8.21%
Revenue growth 5Y9.06%
Sales Q2Q%6.28%
Revenue Next Year6.85%
Revenue Next 2Y6.74%
Revenue Next 3Y6.47%
Revenue Next 5Y6.95%
EBIT growth 1Y69.63%
EBIT growth 3Y-3.85%
EBIT growth 5Y1.02%
EBIT Next Year34.27%
EBIT Next 3Y14.01%
EBIT Next 5YN/A
FCF growth 1Y132.87%
FCF growth 3Y22.27%
FCF growth 5Y13.18%
OCF growth 1Y122.15%
OCF growth 3Y20.41%
OCF growth 5Y11.73%
ALLSTATE CORP / ALL FAQ
Can you provide the ChartMill fundamental rating for ALLSTATE CORP?
ChartMill assigns a fundamental rating of 5 / 10 to ALL.
What is the valuation status for ALL stock?
ChartMill assigns a valuation rating of 7 / 10 to ALLSTATE CORP (ALL). This can be considered as Undervalued.
Can you provide the profitability details for ALLSTATE CORP?
ALLSTATE CORP (ALL) has a profitability rating of 4 / 10.
What is the earnings growth outlook for ALLSTATE CORP?
The Earnings per Share (EPS) of ALLSTATE CORP (ALL) is expected to grow by 33.28% in the next year.
How sustainable is the dividend of ALLSTATE CORP (ALL) stock?
The dividend rating of ALLSTATE CORP (ALL) is 8 / 10 and the dividend payout ratio is 13.72%.