CNO FINANCIAL GROUP INC (CNO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CNO - US12621E1038 - Common Stock
40.18 USD
-0.11 (-0.27%)
40.18 USD
0 (0%)
CNO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 148 industry peers in the Insurance industry. Both the profitability and financial health of CNO have multiple concerns. CNO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CNO had positive earnings in the past year.
In the past year CNO had a positive cash flow from operations.
CNO had positive earnings in each of the past 5 years.
In the past 5 years CNO always reported a positive cash flow from operatings.
1.2 Ratios
CNO has a worse Return On Assets (0.77%) than 65.54% of its industry peers.
Looking at the Return On Equity, with a value of 11.29%, CNO is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 11.29% | ||
| ROIC | N/A |
ROA(3y)1.25%
ROA(5y)1.24%
ROE(3y)21.43%
ROE(5y)16.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 6.54%, CNO is not doing good in the industry: 62.16% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of CNO has declined.
With a decent Operating Margin value of 16.49%, CNO is doing good in the industry, outperforming 66.22% of the companies in the same industry.
In the last couple of years the Operating Margin of CNO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.49% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A |
OM growth 3Y-3.08%
OM growth 5Y9.46%
PM growth 3Y-13.73%
PM growth 5Y-2.56%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, CNO has less shares outstanding
The number of shares outstanding for CNO has been reduced compared to 5 years ago.
CNO has a worse debt/assets ratio than last year.
2.2 Solvency
CNO has a debt to FCF ratio of 6.04. This is a slightly negative value and a sign of low solvency as CNO would need 6.04 years to pay back of all of its debts.
CNO has a worse Debt to FCF ratio (6.04) than 66.22% of its industry peers.
A Debt/Equity ratio of 1.55 is on the high side and indicates that CNO has dependencies on debt financing.
The Debt to Equity ratio of CNO (1.55) is worse than 91.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 6.04 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
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 nice 10.36% over the past year.
The Earnings Per Share has been growing by 16.49% on average over the past years. This is quite good.
CNO shows a decrease in Revenue. In the last year, the revenue decreased by -1.70%.
Measured over the past years, CNO shows a small growth in Revenue. The Revenue has been growing by 2.35% on average per year.
EPS 1Y (TTM)10.36%
EPS 3Y12.53%
EPS 5Y16.49%
EPS Q2Q%16.22%
Revenue 1Y (TTM)-1.7%
Revenue growth 3Y3.34%
Revenue growth 5Y2.35%
Sales Q2Q%4.03%
3.2 Future
Based on estimates for the next years, CNO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.38% on average per year.
CNO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.95% yearly.
EPS Next Y-4.7%
EPS Next 2Y4.18%
EPS Next 3Y6.14%
EPS Next 5Y8.38%
Revenue Next Year3.3%
Revenue Next 2Y3.28%
Revenue Next 3Y3.28%
Revenue Next 5Y3.95%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.43, the valuation of CNO can be described as reasonable.
61.49% of the companies in the same industry are more expensive than CNO, based on the Price/Earnings ratio.
CNO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
The Price/Forward Earnings ratio is 9.28, which indicates a very decent valuation of CNO.
60.81% of the companies in the same industry are more expensive than CNO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, CNO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.43 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
68.24% of the companies in the same industry are more expensive than CNO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y4.18%
EPS Next 3Y6.14%
5. Dividend
5.1 Amount
CNO has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.32, CNO has a dividend in line with its industry peers.
CNO's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
On average, the dividend of CNO grows each year by 8.19%, which is quite nice.
CNO has been paying a dividend for at least 10 years, so it has a reliable track record.
CNO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.19%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
22.53% of the earnings are spent on dividend by CNO. This is a low number and sustainable payout ratio.
The dividend of CNO is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP22.53%
EPS Next 2Y4.18%
EPS Next 3Y6.14%
40.18
-0.11 (-0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners97.53%
Inst Owner Change-2.64%
Ins Owners2.24%
Ins Owner Change-2.01%
Market Cap3.83B
Revenue(TTM)4.51B
Net Income(TTM)294.70M
Analysts50.77
Price Target44.27 (10.18%)
Short Float %1.81%
Short Ratio2.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend0.64
Dividend Growth(5Y)8.19%
DP22.53%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.43%
Min EPS beat(2)1.54%
Max EPS beat(2)39.32%
EPS beat(4)3
Avg EPS beat(4)15.53%
Min EPS beat(4)-0.86%
Max EPS beat(4)39.32%
EPS beat(8)6
Avg EPS beat(8)19.9%
EPS beat(12)8
Avg EPS beat(12)11.78%
EPS beat(16)10
Avg EPS beat(16)14.66%
Revenue beat(2)2
Avg Revenue beat(2)18.7%
Min Revenue beat(2)16.5%
Max Revenue beat(2)20.9%
Revenue beat(4)4
Avg Revenue beat(4)12.81%
Min Revenue beat(4)1.91%
Max Revenue beat(4)20.9%
Revenue beat(8)8
Avg Revenue beat(8)16.49%
Revenue beat(12)12
Avg Revenue beat(12)13.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.36%
PT rev (3m)2.36%
EPS NQ rev (1m)1.99%
EPS NQ rev (3m)2.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-2.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.43 | ||
| Fwd PE | 9.28 | ||
| P/S | 0.85 | ||
| P/FCF | 5.71 | ||
| P/OCF | 5.71 | ||
| P/B | 1.47 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.26
EY10.6%
EPS(NY)4.33
Fwd EY10.78%
FCF(TTM)7.04
FCFY17.51%
OCF(TTM)7.04
OCFY17.51%
SpS47.25
BVpS27.38
TBVpS27.38
PEG (NY)N/A
PEG (5Y)0.57
Graham Number51.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 11.29% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 16.49% | ||
| PM (TTM) | 6.54% | ||
| GM | N/A | ||
| FCFM | 14.89% |
ROA(3y)1.25%
ROA(5y)1.24%
ROE(3y)21.43%
ROE(5y)16.13%
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)2.15%
ROCE(5y)1.99%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.08%
OM growth 5Y9.46%
PM growth 3Y-13.73%
PM growth 5Y-2.56%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 6.04 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 227.69% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)148.25%
Profit Quality(5y)158.67%
High Growth Momentum
Growth
EPS 1Y (TTM)10.36%
EPS 3Y12.53%
EPS 5Y16.49%
EPS Q2Q%16.22%
EPS Next Y-4.7%
EPS Next 2Y4.18%
EPS Next 3Y6.14%
EPS Next 5Y8.38%
Revenue 1Y (TTM)-1.7%
Revenue growth 3Y3.34%
Revenue growth 5Y2.35%
Sales Q2Q%4.03%
Revenue Next Year3.3%
Revenue Next 2Y3.28%
Revenue Next 3Y3.28%
Revenue Next 5Y3.95%
EBIT growth 1Y13.26%
EBIT growth 3Y0.16%
EBIT growth 5Y12.04%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y18.32%
FCF growth 3Y1.61%
FCF growth 5Y-2.06%
OCF growth 1Y18.32%
OCF growth 3Y1.61%
OCF growth 5Y-2.06%
CNO FINANCIAL GROUP INC / CNO FAQ
What is the ChartMill fundamental rating of CNO FINANCIAL GROUP INC (CNO) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CNO.
Can you provide the valuation status for CNO FINANCIAL GROUP INC?
ChartMill assigns a valuation rating of 5 / 10 to CNO FINANCIAL GROUP INC (CNO). This can be considered as Fairly Valued.
How profitable is CNO FINANCIAL GROUP INC (CNO) stock?
CNO FINANCIAL GROUP INC (CNO) has a profitability rating of 3 / 10.
What are the PE and PB ratios of CNO FINANCIAL GROUP INC (CNO) stock?
The Price/Earnings (PE) ratio for CNO FINANCIAL GROUP INC (CNO) is 9.43 and the Price/Book (PB) ratio is 1.47.
What is the financial health of CNO FINANCIAL GROUP INC (CNO) stock?
The financial health rating of CNO FINANCIAL GROUP INC (CNO) is 1 / 10.