ALLSTATE CORP (ALL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALL - US0200021014 - Common Stock
207.8 USD
-1.25 (-0.6%)
208 USD
+0.2 (+0.1%)
We assign a fundamental rating of 5 out of 10 to ALL. ALL was compared to 148 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. ALL scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
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.
In multiple years ALL reported negative net income over the last 5 years.
In the past 5 years ALL always reported a positive cash flow from operatings.
1.2 Ratios
ALL has a Return On Assets of 6.86%. This is amongst the best in the industry. ALL outperforms 89.86% of its industry peers.
With an excellent Return On Equity value of 30.03%, ALL belongs to the best of the industry, outperforming 95.95% 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
ALL has a Profit Margin of 12.36%. This is in the better half of the industry: ALL outperforms 67.57% of its industry peers.
In the last couple of years the Profit Margin of ALL has declined.
Looking at the Operating Margin, with a value of 14.27%, ALL is in the better half of the industry, outperforming 60.14% of the companies in the same industry.
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.
The number of shares outstanding for ALL has been increased compared to 1 year ago.
ALL has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALL has an improved debt to assets ratio.
2.2 Solvency
ALL has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.94, ALL is in the better half of the industry, outperforming 70.95% of the companies in the same industry.
A Debt/Equity ratio of 0.29 indicates that ALL is not too dependend on debt financing.
ALL has a Debt to Equity ratio (0.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.16%
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.
Measured over the past years, ALL shows a quite strong growth in Revenue. The Revenue has been growing by 9.06% on average per year.
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 10.20% yearly.
ALL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.95% yearly.
EPS Next Y60.59%
EPS Next 2Y15.37%
EPS Next 3Y10.2%
EPS Next 5YN/A
Revenue Next Year6.57%
Revenue Next 2Y6.32%
Revenue Next 3Y6.27%
Revenue Next 5Y6.95%
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 stable.
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 7.34, the valuation of ALL can be described as very cheap.
ALL's Price/Earnings ratio is a bit cheaper when compared to the industry. ALL is cheaper than 79.05% of the companies in the same industry.
ALL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.57.
A Price/Forward Earnings ratio of 8.52 indicates a reasonable valuation of ALL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALL indicates a somewhat cheap valuation: ALL is cheaper than 68.24% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ALL to the average of the S&P500 Index (24.04), we can say ALL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 8.52 |
4.2 Price Multiples
72.97% of the companies in the same industry are more expensive than ALL, based on the Enterprise Value to EBITDA ratio.
63.51% 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 | 6.3 | ||
| EV/EBITDA | 6.11 |
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.
PEG (NY)0.12
PEG (5Y)0.62
EPS Next 2Y15.37%
EPS Next 3Y10.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.91%, ALL has a reasonable but not impressive dividend return.
ALL's Dividend Yield is comparable with the industry average which is at 2.42.
Compared to an average S&P500 Dividend Yield of 2.00, ALL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
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 13.72% of its income as dividend. This is a sustainable payout ratio.
ALL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.72%
EPS Next 2Y15.37%
EPS Next 3Y10.2%
207.8
-1.25 (-0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners80.94%
Inst Owner Change4.29%
Ins Owners0.53%
Ins Owner Change-5.5%
Market Cap54.38B
Revenue(TTM)66.85B
Net Income(TTM)8.26B
Analysts80
Price Target245.72 (18.25%)
Short Float %1.64%
Short Ratio2.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.91% |
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)-0.13%
PT rev (3m)3.23%
EPS NQ rev (1m)5.88%
EPS NQ rev (3m)21.04%
EPS NY rev (1m)20.49%
EPS NY rev (3m)30.67%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 8.52 | ||
| P/S | 0.81 | ||
| P/FCF | 6.3 | ||
| P/OCF | 6.16 | ||
| P/B | 1.98 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 6.11 |
EPS(TTM)28.31
EY13.62%
EPS(NY)24.38
Fwd EY11.73%
FCF(TTM)33.01
FCFY15.88%
OCF(TTM)33.73
OCFY16.23%
SpS255.45
BVpS105.11
TBVpS93.19
PEG (NY)0.12
PEG (5Y)0.62
Graham Number258.75
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
WACC8.16%
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 Y60.59%
EPS Next 2Y15.37%
EPS Next 3Y10.2%
EPS Next 5YN/A
Revenue 1Y (TTM)7.07%
Revenue growth 3Y8.21%
Revenue growth 5Y9.06%
Sales Q2Q%6.28%
Revenue Next Year6.57%
Revenue Next 2Y6.32%
Revenue Next 3Y6.27%
Revenue Next 5Y6.95%
EBIT growth 1Y69.63%
EBIT growth 3Y-3.85%
EBIT growth 5Y1.02%
EBIT Next Year81.36%
EBIT Next 3Y11.53%
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 60.59% in the next year.
How sustainable is the dividend of ALLSTATE CORP (ALL) stock?
The dividend rating of ALLSTATE CORP (ALL) is 6 / 10 and the dividend payout ratio is 13.72%.