COREBRIDGE FINANCIAL INC (CRBG) Stock Fundamental Analysis
USA - NYSE:CRBG - US21871X1090 - Common Stock
32.7 USD
+0.15 (+0.46%)
32.7 USD
0 (0%)
Overall CRBG gets a fundamental rating of 4 out of 10. We evaluated CRBG against 100 industry peers in the Financial Services industry. CRBG may be in some trouble as it scores bad on both profitability and health. CRBG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CRBG had positive earnings in the past year.
In the past year CRBG had a positive cash flow from operations.
In the past 5 years CRBG has always been profitable.
Each year in the past 5 years CRBG had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.08%, CRBG is doing worse than 76.00% of the companies in the same industry.
The Return On Equity of CRBG (-2.74%) is worse than 79.00% of its industry peers.
With a Return On Invested Capital value of 0.20%, CRBG is not doing good in the industry: 71.00% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CRBG is significantly below the industry average of 7.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -2.74% | ||
| ROIC | 0.2% |
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)38.57%
ROE(5y)28.92%
ROIC(3y)1.08%
ROIC(5y)0.99%
1.3 Margins
CRBG's Profit Margin has improved in the last couple of years.
The Operating Margin of CRBG (7.02%) is worse than 65.00% of its industry peers.
CRBG's Operating Margin has improved in the last couple of years.
The Profit Margin and Gross Margin are not available for CRBG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.02% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-19.8%
OM growth 5Y24.34%
PM growth 3Y-27.73%
PM growth 5Y97.88%
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), CRBG is destroying value.
Compared to 1 year ago, CRBG has less shares outstanding
CRBG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CRBG is higher compared to a year ago.
2.2 Solvency
CRBG has a debt to FCF ratio of 6.76. This is a slightly negative value and a sign of low solvency as CRBG would need 6.76 years to pay back of all of its debts.
CRBG has a Debt to FCF ratio of 6.76. This is comparable to the rest of the industry: CRBG outperforms 60.00% of its industry peers.
A Debt/Equity ratio of 0.92 indicates that CRBG is somewhat dependend on debt financing.
CRBG has a Debt to Equity ratio of 0.92. This is comparable to the rest of the industry: CRBG outperforms 47.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 6.76 | ||
| Altman-Z | N/A |
ROIC/WACC0.03
WACC7.44%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CRBG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.75%, which is quite good.
Measured over the past years, CRBG shows a very strong growth in Earnings Per Share. The EPS has been growing by 115.54% on average per year.
CRBG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.47%.
Measured over the past years, CRBG shows a quite strong growth in Revenue. The Revenue has been growing by 8.01% on average per year.
EPS 1Y (TTM)18.75%
EPS 3Y-31.14%
EPS 5Y115.54%
EPS Q2Q%20.35%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-7.04%
Revenue growth 5Y8.01%
Sales Q2Q%5.84%
3.2 Future
The Earnings Per Share is expected to grow by 10.21% on average over the next years. This is quite good.
Based on estimates for the next years, CRBG will show a small growth in Revenue. The Revenue will grow by 3.39% on average per year.
EPS Next Y3.67%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
EPS Next 5Y10.21%
Revenue Next Year-7.49%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.45%
Revenue Next 5Y3.39%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
Based on the Price/Earnings ratio of 6.37, the valuation of CRBG can be described as very cheap.
Based on the Price/Earnings ratio, CRBG is valued cheaply inside the industry as 91.00% of the companies are valued more expensively.
CRBG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
Based on the Price/Forward Earnings ratio of 5.72, the valuation of CRBG can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRBG indicates a rather cheap valuation: CRBG is cheaper than 84.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CRBG to the average of the S&P500 Index (23.32), we can say CRBG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.37 | ||
| Fwd PE | 5.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CRBG is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRBG indicates a somewhat cheap valuation: CRBG is cheaper than 74.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.49 | ||
| EV/EBITDA | 21.82 |
4.3 Compensation for Growth
CRBG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.74
PEG (5Y)0.06
EPS Next 2Y8.72%
EPS Next 3Y11.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.95%, CRBG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.03, CRBG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, CRBG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
CRBG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CRBG are negative and hence is the payout ratio. CRBG will probably not be able to sustain this dividend level.
DP-156.08%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
32.7
+0.15 (+0.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners86.58%
Inst Owner Change0%
Ins Owners0.27%
Ins Owner Change-21.47%
Market Cap17.61B
Analysts80
Price Target41.99 (28.41%)
Short Float %1.26%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Yearly Dividend0.92
Dividend Growth(5Y)N/A
DP-156.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.55%
Min EPS beat(2)-0.44%
Max EPS beat(2)15.55%
EPS beat(4)3
Avg EPS beat(4)7.91%
Min EPS beat(4)-0.44%
Max EPS beat(4)15.87%
EPS beat(8)6
Avg EPS beat(8)4.91%
EPS beat(12)10
Avg EPS beat(12)8.09%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-11.67%
Min Revenue beat(2)-11.92%
Max Revenue beat(2)-11.42%
Revenue beat(4)0
Avg Revenue beat(4)-14.95%
Min Revenue beat(4)-21.6%
Max Revenue beat(4)-11.42%
Revenue beat(8)3
Avg Revenue beat(8)-7.82%
Revenue beat(12)6
Avg Revenue beat(12)0.19%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.2%
PT rev (3m)13.56%
EPS NQ rev (1m)-2.76%
EPS NQ rev (3m)-8.88%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-1.32%
Revenue NQ rev (1m)2.32%
Revenue NQ rev (3m)-4.13%
Revenue NY rev (1m)-0.69%
Revenue NY rev (3m)-5.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.37 | ||
| Fwd PE | 5.72 | ||
| P/S | 1.2 | ||
| P/FCF | 10.49 | ||
| P/OCF | 10.49 | ||
| P/B | 1.43 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 21.82 |
EPS(TTM)5.13
EY15.69%
EPS(NY)5.72
Fwd EY17.49%
FCF(TTM)3.12
FCFY9.53%
OCF(TTM)3.12
OCFY9.53%
SpS27.22
BVpS22.85
TBVpS22.85
PEG (NY)1.74
PEG (5Y)0.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.08% | ||
| ROE | -2.74% | ||
| ROCE | 0.26% | ||
| ROIC | 0.2% | ||
| ROICexc | 0.2% | ||
| ROICexgc | 0.3% | ||
| OM | 7.02% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 11.45% |
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)38.57%
ROE(5y)28.92%
ROIC(3y)1.08%
ROIC(5y)0.99%
ROICexc(3y)1.09%
ROICexc(5y)0.99%
ROICexgc(3y)1.62%
ROICexgc(5y)1.5%
ROCE(3y)1.38%
ROCE(5y)1.27%
ROICexcg growth 3Y-24.91%
ROICexcg growth 5YN/A
ROICexc growth 3Y-23.75%
ROICexc growth 5YN/A
OM growth 3Y-19.8%
OM growth 5Y24.34%
PM growth 3Y-27.73%
PM growth 5Y97.88%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 6.76 | ||
| Debt/EBITDA | 8.67 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.78 | ||
| Cash Conversion | 128.19% | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC7.44%
ROIC/WACC0.03
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)144.44%
Profit Quality(5y)197%
High Growth Momentum
Growth
EPS 1Y (TTM)18.75%
EPS 3Y-31.14%
EPS 5Y115.54%
EPS Q2Q%20.35%
EPS Next Y3.67%
EPS Next 2Y8.72%
EPS Next 3Y11.27%
EPS Next 5Y10.21%
Revenue 1Y (TTM)-16.47%
Revenue growth 3Y-7.04%
Revenue growth 5Y8.01%
Sales Q2Q%5.84%
Revenue Next Year-7.49%
Revenue Next 2Y-1.64%
Revenue Next 3Y-0.45%
Revenue Next 5Y3.39%
EBIT growth 1Y-41.6%
EBIT growth 3Y-25.44%
EBIT growth 5Y34.3%
EBIT Next Year-5.93%
EBIT Next 3Y-0.33%
EBIT Next 5YN/A
FCF growth 1Y-55.04%
FCF growth 3Y-4.39%
FCF growth 5Y-2.53%
OCF growth 1Y-55.04%
OCF growth 3Y-4.39%
OCF growth 5Y-2.53%