161.3 USD
-1 (-0.62%)
161.3 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CINF. CINF was compared to 147 industry peers in the Insurance industry. Both the profitability and the financial health of CINF get a neutral evaluation. Nothing too spectacular is happening here. CINF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CINF had positive earnings in the past year.
CINF had a positive operating cash flow in the past year.
CINF had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CINF had a positive operating cash flow.
1.2 Ratios
CINF's Return On Assets of 5.23% is amongst the best of the industry. CINF outperforms 84.35% of its industry peers.
CINF has a better Return On Equity (13.77%) than 65.31% of its industry peers.
The Return On Invested Capital of CINF (5.32%) is better than 79.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 13.77% | ||
| ROIC | 5.32% |
ROA(3y)3.42%
ROA(5y)4.81%
ROE(3y)9.02%
ROE(5y)12.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CINF's Profit Margin of 17.57% is amongst the best of the industry. CINF outperforms 85.03% of its industry peers.
In the last couple of years the Profit Margin of CINF has declined.
CINF has a better Operating Margin (22.12%) than 79.59% of its industry peers.
In the last couple of years the Operating Margin of CINF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.12% | ||
| PM (TTM) | 17.57% | ||
| GM | N/A |
OM growth 3Y-12.75%
OM growth 5Y-4.23%
PM growth 3Y-12.9%
PM growth 5Y-4.31%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CINF is destroying value.
CINF has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CINF has less shares outstanding
Compared to 1 year ago, CINF has an improved debt to assets ratio.
2.2 Solvency
CINF has a debt to FCF ratio of 0.29. This is a very positive value and a sign of high solvency as it would only need 0.29 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.29, CINF belongs to the best of the industry, outperforming 88.44% of the companies in the same industry.
CINF has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.05, CINF belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | N/A |
ROIC/WACC0.61
WACC8.67%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CINF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.05%, which is quite good.
The Earnings Per Share has been growing by 12.45% on average over the past years. This is quite good.
The Revenue has decreased by -0.63% in the past year.
The Revenue has been growing slightly by 7.43% on average over the past years.
EPS 1Y (TTM)15.05%
EPS 3Y5.7%
EPS 5Y12.45%
EPS Q2Q%100.7%
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y5.59%
Revenue growth 5Y7.43%
Sales Q2Q%12.23%
3.2 Future
The Earnings Per Share is expected to grow by 7.57% on average over the next years.
The Revenue is expected to grow by 3.79% on average over the next years.
EPS Next Y-1.71%
EPS Next 2Y7.44%
EPS Next 3Y7.57%
EPS Next 5YN/A
Revenue Next Year6.99%
Revenue Next 2Y1.99%
Revenue Next 3Y3.79%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 20.89, which indicates a rather expensive current valuation of CINF.
CINF's Price/Earnings ratio is a bit more expensive when compared to the industry. CINF is more expensive than 72.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of CINF to the average of the S&P500 Index (26.34), we can say CINF is valued slightly cheaper.
The Price/Forward Earnings ratio is 18.46, which indicates a rather expensive current valuation of CINF.
72.11% of the companies in the same industry are cheaper than CINF, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.56. CINF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.89 | ||
| Fwd PE | 18.46 |
4.2 Price Multiples
CINF's Enterprise Value to EBITDA ratio is in line with the industry average.
CINF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.02 | ||
| EV/EBITDA | 8.76 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.68
EPS Next 2Y7.44%
EPS Next 3Y7.57%
5. Dividend
5.1 Amount
CINF has a Yearly Dividend Yield of 2.13%. Purely for dividend investing, there may be better candidates out there.
CINF's Dividend Yield is comparable with the industry average which is at 3.48.
CINF's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
5.2 History
The dividend of CINF is nicely growing with an annual growth rate of 7.50%!
CINF has been paying a dividend for at least 10 years, so it has a reliable track record.
CINF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.5%
Div Incr Years29
Div Non Decr Years29
5.3 Sustainability
24.36% of the earnings are spent on dividend by CINF. This is a low number and sustainable payout ratio.
CINF's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP24.36%
EPS Next 2Y7.44%
EPS Next 3Y7.57%
161.3
-1 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners70.48%
Inst Owner Change-0.42%
Ins Owners1.73%
Ins Owner Change0.15%
Market Cap25.17B
Revenue(TTM)12.08B
Net Income(TTM)2.12B
Analysts77.33
Price Target176.12 (9.19%)
Short Float %1.41%
Short Ratio4.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
Yearly Dividend3.13
Dividend Growth(5Y)7.5%
DP24.36%
Div Incr Years29
Div Non Decr Years29
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)36.84%
Min EPS beat(2)35.72%
Max EPS beat(2)37.96%
EPS beat(4)4
Avg EPS beat(4)49.39%
Min EPS beat(4)35.72%
Max EPS beat(4)62.05%
EPS beat(8)6
Avg EPS beat(8)29.86%
EPS beat(12)9
Avg EPS beat(12)29.68%
EPS beat(16)12
Avg EPS beat(16)23.17%
Revenue beat(2)2
Avg Revenue beat(2)20.66%
Min Revenue beat(2)13.85%
Max Revenue beat(2)27.47%
Revenue beat(4)2
Avg Revenue beat(4)7.24%
Min Revenue beat(4)-7.03%
Max Revenue beat(4)27.47%
Revenue beat(8)6
Avg Revenue beat(8)13.6%
Revenue beat(12)7
Avg Revenue beat(12)8.38%
Revenue beat(16)8
Avg Revenue beat(16)4.55%
PT rev (1m)2.68%
PT rev (3m)6.58%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)4.65%
EPS NY rev (1m)4%
EPS NY rev (3m)19.21%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)5.35%
Revenue NY rev (3m)5.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.89 | ||
| Fwd PE | 18.46 | ||
| P/S | 2.08 | ||
| P/FCF | 9.02 | ||
| P/OCF | 8.97 | ||
| P/B | 1.63 | ||
| P/tB | 1.63 | ||
| EV/EBITDA | 8.76 |
EPS(TTM)7.72
EY4.79%
EPS(NY)8.74
Fwd EY5.42%
FCF(TTM)17.89
FCFY11.09%
OCF(TTM)17.99
OCFY11.15%
SpS77.41
BVpS98.74
TBVpS98.74
PEG (NY)N/A
PEG (5Y)1.68
Graham Number130.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 13.77% | ||
| ROCE | 6.6% | ||
| ROIC | 5.32% | ||
| ROICexc | 5.52% | ||
| ROICexgc | 5.93% | ||
| OM | 22.12% | ||
| PM (TTM) | 17.57% | ||
| GM | N/A | ||
| FCFM | 23.11% |
ROA(3y)3.42%
ROA(5y)4.81%
ROE(3y)9.02%
ROE(5y)12.16%
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 3Y-12.78%
ROICexgc growth 5Y-4.57%
ROICexc growth 3Y-12.63%
ROICexc growth 5Y-4.34%
OM growth 3Y-12.75%
OM growth 5Y-4.23%
PM growth 3Y-12.9%
PM growth 5Y-4.31%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 11.35% | ||
| Cap/Sales | 0.13% | ||
| Interest Coverage | 50.42 | ||
| Cash Conversion | 99.79% | ||
| Profit Quality | 131.53% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC8.67%
ROIC/WACC0.61
Cap/Depr(3y)14.94%
Cap/Depr(5y)17.13%
Cap/Sales(3y)0.2%
Cap/Sales(5y)0.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.05%
EPS 3Y5.7%
EPS 5Y12.45%
EPS Q2Q%100.7%
EPS Next Y-1.71%
EPS Next 2Y7.44%
EPS Next 3Y7.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.63%
Revenue growth 3Y5.59%
Revenue growth 5Y7.43%
Sales Q2Q%12.23%
Revenue Next Year6.99%
Revenue Next 2Y1.99%
Revenue Next 3Y3.79%
Revenue Next 5YN/A
EBIT growth 1Y-31.89%
EBIT growth 3Y-7.87%
EBIT growth 5Y2.89%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y33.35%
FCF growth 3Y10.14%
FCF growth 5Y17.28%
OCF growth 1Y33.29%
OCF growth 3Y10.17%
OCF growth 5Y17%
CINCINNATI FINANCIAL CORP / CINF FAQ
What is the ChartMill fundamental rating of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CINF.
What is the valuation status for CINF stock?
ChartMill assigns a valuation rating of 2 / 10 to CINCINNATI FINANCIAL CORP (CINF). This can be considered as Overvalued.
What is the profitability of CINF stock?
CINCINNATI FINANCIAL CORP (CINF) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for CINF stock?
The Price/Earnings (PE) ratio for CINCINNATI FINANCIAL CORP (CINF) is 20.89 and the Price/Book (PB) ratio is 1.63.
Can you provide the dividend sustainability for CINF stock?
The dividend rating of CINCINNATI FINANCIAL CORP (CINF) is 6 / 10 and the dividend payout ratio is 24.36%.