ALLSTATE CORP (ALS.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ALS - US0200021014 - Common Stock
164.9 EUR
+3.55 (+2.2%)
Taking everything into account, ALS scores 5 out of 10 in our fundamental rating. ALS was compared to 48 industry peers in the Insurance industry. Both the profitability and the financial health of ALS get a neutral evaluation. Nothing too spectacular is happening here. ALS may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- In the past year ALS was profitable.
- ALS had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: ALS reported negative net income in multiple years.
- ALS 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%, ALS belongs to the best of the industry, outperforming 95.83% of the companies in the same industry.
- ALS has a Return On Equity of 30.03%. This is amongst the best in the industry. ALS outperforms 97.92% 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
- ALS has a better Profit Margin (12.36%) than 75.00% of its industry peers.
- In the last couple of years the Profit Margin of ALS has declined.
- ALS has a better Operating Margin (14.27%) than 62.50% of its industry peers.
- ALS'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
- ALS does not have a ROIC to compare to the WACC, probably because it is not profitable.
- Compared to 1 year ago, ALS has more shares outstanding
- Compared to 5 years ago, ALS has less shares outstanding
- ALS has a better debt/assets ratio than last year.
2.2 Solvency
- ALS 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.
- ALS has a better Debt to FCF ratio (0.94) than 89.58% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that ALS is not too dependend on debt financing.
- ALS has a better Debt to Equity ratio (0.29) than 81.25% of its industry peers.
| 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.
- Measured over the past years, ALS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.88% on average per year.
- ALS shows a small growth in Revenue. In the last year, the Revenue has grown by 7.07%.
- 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%
3.2 Future
- The Earnings Per Share is expected to grow by 10.51% on average over the next years. This is quite good.
- ALS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.95% yearly.
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
- The EPS growth rate is stable: in the next years the growth will be about the same 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
- The Price/Earnings ratio is 6.98, which indicates a rather cheap valuation of ALS.
- ALS's Price/Earnings ratio is rather cheap when compared to the industry. ALS is cheaper than 93.75% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, ALS is valued rather cheaply.
- ALS is valuated reasonably with a Price/Forward Earnings ratio of 8.04.
- Based on the Price/Forward Earnings ratio, ALS is valued cheaper than 85.42% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ALS to the average of the S&P500 Index (25.83), we can say ALS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.98 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ALS is valued cheaper than 85.42% of the companies in the same industry.
- ALS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ALS is cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.98 | ||
| 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
- ALS 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 4.17, ALS is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, ALS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
- On average, the dividend of ALS grows each year by 11.11%, which is quite nice.
Dividend Growth(5Y)11.11%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 13.72% of the earnings are spent on dividend by ALS. This is a low number and sustainable payout ratio.
- ALS'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 / ALS.DE FAQ
What is the fundamental rating for ALS stock?
ChartMill assigns a fundamental rating of 5 / 10 to ALS.DE.
What is the valuation status of ALLSTATE CORP (ALS.DE) stock?
ChartMill assigns a valuation rating of 8 / 10 to ALLSTATE CORP (ALS.DE). This can be considered as Undervalued.
How profitable is ALLSTATE CORP (ALS.DE) stock?
ALLSTATE CORP (ALS.DE) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for ALS stock?
The Price/Earnings (PE) ratio for ALLSTATE CORP (ALS.DE) is 6.98 and the Price/Book (PB) ratio is 1.88.
Can you provide the expected EPS growth for ALS stock?
The Earnings per Share (EPS) of ALLSTATE CORP (ALS.DE) is expected to grow by 66.34% in the next year.