163.04 USD
+0.92 (+0.57%)
163.04 USD
0 (0%)
Overall CINF gets a fundamental rating of 4 out of 10. We evaluated CINF against 148 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 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CINF was profitable.
CINF had a positive operating cash flow in the past year.
CINF had positive earnings in 4 of the past 5 years.
In the past 5 years CINF always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.23%, CINF belongs to the top of the industry, outperforming 85.14% of the companies in the same industry.
Looking at the Return On Equity, with a value of 13.77%, CINF is in the better half of the industry, outperforming 66.22% of the companies in the same industry.
CINF has a better Return On Invested Capital (5.32%) than 80.41% 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
With an excellent Profit Margin value of 17.57%, CINF belongs to the best of the industry, outperforming 85.14% of the companies in the same industry.
CINF's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 22.12%, CINF is doing good in the industry, outperforming 78.38% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CINF is destroying value.
The number of shares outstanding for CINF has been reduced compared to 1 year ago.
Compared to 5 years ago, CINF has less shares outstanding
CINF has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CINF is 0.29, which is an excellent value as it means it would take CINF, only 0.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CINF (0.29) is better than 89.19% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that CINF is not too dependend on debt financing.
CINF has a better Debt to Equity ratio (0.05) than 81.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | N/A |
ROIC/WACC0.61
WACC8.71%
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.
Measured over the past years, CINF shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.45% on average per year.
The Revenue has decreased by -0.63% in the past year.
CINF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.43% yearly.
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
CINF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.57% yearly.
Based on estimates for the next years, CINF will show a small growth in Revenue. The Revenue will grow by 4.10% on average per year.
EPS Next Y-1.71%
EPS Next 2Y7.44%
EPS Next 3Y7.57%
EPS Next 5YN/A
Revenue Next Year7.45%
Revenue Next 2Y2.35%
Revenue Next 3Y4.1%
Revenue Next 5YN/A
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 decreasing.
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
A Price/Earnings ratio of 21.12 indicates a rather expensive valuation of CINF.
CINF's Price/Earnings ratio is a bit more expensive when compared to the industry. CINF is more expensive than 68.92% of the companies in the same industry.
When comparing the Price/Earnings ratio of CINF to the average of the S&P500 Index (26.92), we can say CINF is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 18.66, the valuation of CINF can be described as rather expensive.
Based on the Price/Forward Earnings ratio, CINF is valued a bit more expensive than the industry average as 67.57% of the companies are valued more cheaply.
CINF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 18.66 |
4.2 Price Multiples
CINF's Enterprise Value to EBITDA is on the same level as the industry average.
CINF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.11 | ||
| EV/EBITDA | 8.8 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.7
EPS Next 2Y7.44%
EPS Next 3Y7.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.13%, CINF has a reasonable but not impressive dividend return.
CINF's Dividend Yield is comparable with the industry average which is at 2.48.
CINF's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| 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 paid a dividend for at least 10 years, which is 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%
163.04
+0.92 (+0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners70.51%
Inst Owner Change0%
Ins Owners1.73%
Ins Owner Change0.15%
Market Cap25.44B
Revenue(TTM)12.08B
Net Income(TTM)2.12B
Analysts77.33
Price Target176.12 (8.02%)
Short Float %1.56%
Short Ratio4.29
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-DateN/A
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)0.97%
PT rev (3m)5.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.66%
EPS NY rev (1m)0%
EPS NY rev (3m)18.37%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)5.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 18.66 | ||
| P/S | 2.11 | ||
| P/FCF | 9.11 | ||
| P/OCF | 9.06 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 8.8 |
EPS(TTM)7.72
EY4.74%
EPS(NY)8.74
Fwd EY5.36%
FCF(TTM)17.89
FCFY10.97%
OCF(TTM)17.99
OCFY11.03%
SpS77.41
BVpS98.74
TBVpS98.74
PEG (NY)N/A
PEG (5Y)1.7
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
WACC8.71%
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 Year7.45%
Revenue Next 2Y2.35%
Revenue Next 3Y4.1%
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 of CINCINNATI FINANCIAL CORP (CINF) stock?
ChartMill assigns a valuation rating of 2 / 10 to CINCINNATI FINANCIAL CORP (CINF). This can be considered as Overvalued.
Can you provide the profitability details for CINCINNATI FINANCIAL CORP?
CINCINNATI FINANCIAL CORP (CINF) has a profitability rating of 5 / 10.
What are the PE and PB ratios of CINCINNATI FINANCIAL CORP (CINF) stock?
The Price/Earnings (PE) ratio for CINCINNATI FINANCIAL CORP (CINF) is 21.12 and the Price/Book (PB) ratio is 1.65.
How sustainable is the dividend of CINCINNATI FINANCIAL CORP (CINF) stock?
The dividend rating of CINCINNATI FINANCIAL CORP (CINF) is 6 / 10 and the dividend payout ratio is 24.36%.