ALLSTATE CORP (ALL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALL - US0200021014 - Common Stock
198.11 USD
+0.78 (+0.4%)
Overall ALL gets a fundamental rating of 5 out of 10. We evaluated ALL against 148 industry peers in the Insurance industry. There are concerns on the financial health of ALL while its profitability can be described as average. ALL may be a bit undervalued, certainly considering the very reasonable score on growth
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.
- ALL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 6.86%, ALL belongs to the best of the industry, outperforming 89.86% of the companies in the same industry.
- ALL's Return On Equity of 30.03% is amongst the best of the industry. ALL outperforms 95.95% of its industry peers.
| 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
- The Profit Margin of ALL (12.36%) is better than 67.57% of its industry peers.
- 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 60.81% 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
- The number of shares outstanding for ALL has been reduced compared to 5 years ago.
- The debt/assets ratio for ALL has been reduced compared to a year ago.
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's Debt to Equity ratio of 0.29 is in line compared to the rest of the industry. ALL outperforms 54.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.94 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.22%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- ALL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.89%, which is quite impressive.
- ALL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.88% yearly.
- Looking at the last year, ALL shows a small growth in Revenue. The Revenue has grown by 7.07% in the last 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
- Based on estimates for the next years, ALL will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.51% on average per year.
- The Revenue is expected to grow by 6.95% on average over the next years.
EPS Next Y66.34%
EPS Next 2Y15.76%
EPS Next 3Y10.51%
EPS Next 5YN/A
Revenue Next Year6.63%
Revenue Next 2Y6.38%
Revenue Next 3Y6.25%
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.
- 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
- The Price/Earnings ratio is 7.00, which indicates a rather cheap valuation of ALL.
- 77.70% of the companies in the same industry are more expensive than ALL, based on the Price/Earnings ratio.
- ALL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
- A Price/Forward Earnings ratio of 8.07 indicates a reasonable valuation of ALL.
- 68.92% of the companies in the same industry are more expensive than ALL, based on the Price/Forward Earnings ratio.
- ALL is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7 | ||
| Fwd PE | 8.07 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ALL is valued a bit cheaper than the industry average as 71.62% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, ALL is valued a bit cheaper than 64.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6 | ||
| EV/EBITDA | 5.84 |
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)0.11
PEG (5Y)0.59
EPS Next 2Y15.76%
EPS Next 3Y10.51%
5. Dividend
5.1 Amount
- ALL has a Yearly Dividend Yield of 2.05%.
- Compared to an average industry Dividend Yield of 2.41, ALL has a dividend in line with its industry peers.
- ALL's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| 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 paid a dividend for at least 10 years, which is 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 2Y15.76%
EPS Next 3Y10.51%
ALLSTATE CORP / ALL FAQ
Can you provide the ChartMill fundamental rating for ALLSTATE CORP?
ChartMill assigns a fundamental rating of 5 / 10 to ALL.
Can you provide the valuation status for ALLSTATE CORP?
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.
Can you provide the financial health for ALL stock?
The financial health rating of ALLSTATE CORP (ALL) is 3 / 10.
What is the earnings growth outlook for ALLSTATE CORP?
The Earnings per Share (EPS) of ALLSTATE CORP (ALL) is expected to grow by 66.34% in the next year.