F&G ANNUITIES & LIFE INC (FG) Stock Fundamental Analysis
NYSE:FG - New York Stock Exchange, Inc. - US30190A1043 - Common Stock - Currency: USD
FG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 143 industry peers in the Insurance industry. FG has only an average score on both its financial health and profitability. FG has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
FG had positive earnings in the past year.
In the past year FG had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: FG reported negative net income in multiple years.
In the past 5 years FG always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.73%, FG is doing worse than 67.13% of the companies in the same industry.
FG has a better Return On Equity (15.74%) than 67.13% of its industry peers.
FG has a Return On Invested Capital of 0.91%. This is in the lower half of the industry: FG underperforms 60.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FG is below the industry average of 4.42%.
The 3 year average ROIC (0.65%) for FG is below the current ROIC(0.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 15.74% | ||
| ROIC | 0.91% |
ROA(3y)0.51%
ROA(5y)0.57%
ROE(3y)11.29%
ROE(5y)9.72%
ROIC(3y)0.65%
ROIC(5y)N/A
1.3 Margins
FG has a better Profit Margin (10.76%) than 67.13% of its industry peers.
FG's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 15.75%, FG is doing good in the industry, outperforming 67.13% of the companies in the same industry.
In the last couple of years the Operating Margin of FG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.75% | ||
| PM (TTM) | 10.76% | ||
| GM | N/A |
OM growth 3Y-17.37%
OM growth 5Y-8.02%
PM growth 3Y-21%
PM growth 5Y-11.75%
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), FG is destroying value.
Compared to 1 year ago, FG has more shares outstanding
The debt/assets ratio for FG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.16, we must say that FG is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FG (0.16) is better than 69.23% of its industry peers.
FG has a debt to FCF ratio of 0.36. This is a very positive value and a sign of high solvency as it would only need 0.36 years to pay back of all of its debts.
FG's Debt to FCF ratio of 0.36 is amongst the best of the industry. FG outperforms 84.62% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that FG is somewhat dependend on debt financing.
The Debt to Equity ratio of FG (0.55) is worse than 70.63% of its industry peers.
Even though the debt/equity ratio score it not favorable for FG, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 0.36 | ||
| Altman-Z | 0.16 |
ROIC/WACC0.11
WACC7.92%
2.3 Liquidity
FG has a Current Ratio of 0.48. This is a bad value and indicates that FG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.48, FG is in the better half of the industry, outperforming 74.83% of the companies in the same industry.
FG has a Quick Ratio of 0.48. This is a bad value and indicates that FG is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.48, FG is doing good in the industry, outperforming 74.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 65.12% over the past year.
Measured over the past years, FG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.33% on average per year.
Looking at the last year, FG shows a very strong growth in Revenue. The Revenue has grown by 31.17%.
FG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.99% yearly.
EPS 1Y (TTM)65.12%
EPS 3Y-11.8%
EPS 5Y9.33%
EPS Q2Q%86.67%
Revenue 1Y (TTM)31.17%
Revenue growth 3Y13.4%
Revenue growth 5Y24.99%
Sales Q2Q%-3.29%
3.2 Future
Based on estimates for the next years, FG will show a very strong growth in Earnings Per Share. The EPS will grow by 20.50% on average per year.
The Revenue is expected to grow by 10.39% on average over the next years. This is quite good.
EPS Next Y17.51%
EPS Next 2Y20.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.48%
Revenue Next 2Y10.39%
Revenue Next 3YN/A
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 accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.34 indicates a reasonable valuation of FG.
74.83% of the companies in the same industry are more expensive than FG, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FG to the average of the S&P500 Index (28.10), we can say FG is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.10, the valuation of FG can be described as very cheap.
Based on the Price/Forward Earnings ratio, FG is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
FG is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.34 | ||
| Fwd PE | 7.1 |
4.2 Price Multiples
FG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FG is cheaper than 85.31% of the companies in the same industry.
94.41% of the companies in the same industry are more expensive than FG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.8 | ||
| EV/EBITDA | 3.18 |
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.
A more expensive valuation may be justified as FG's earnings are expected to grow with 20.50% in the coming years.
PEG (NY)0.48
PEG (5Y)0.89
EPS Next 2Y20.5%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.44%, FG has a reasonable but not impressive dividend return.
In the last 3 months the price of FG has falen by -20.62%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.24, FG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, FG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
5.2 History
FG has been paying a dividend for over 5 years, so it has already some track record.
FG has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
19.45% of the earnings are spent on dividend by FG. This is a low number and sustainable payout ratio.
DP19.45%
EPS Next 2Y20.5%
EPS Next 3YN/A
NYSE:FG (5/6/2025, 12:45:41 PM)
35.52
-0.1 (-0.28%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners96.04%
Inst Owner Change0%
Ins Owners2.05%
Ins Owner Change4.51%
Market Cap4.79B
Analysts42
Price Target40.8 (14.86%)
Short Float %0.27%
Short Ratio0.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
Yearly Dividend0.96
Dividend Growth(5Y)N/A
DP19.45%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.72%
Min EPS beat(2)-9.61%
Max EPS beat(2)8.17%
EPS beat(4)1
Avg EPS beat(4)-5.88%
Min EPS beat(4)-16.92%
Max EPS beat(4)8.17%
EPS beat(8)1
Avg EPS beat(8)-19.46%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)13.87%
Min Revenue beat(2)13.14%
Max Revenue beat(2)14.6%
Revenue beat(4)3
Avg Revenue beat(4)11.55%
Min Revenue beat(4)-11.95%
Max Revenue beat(4)30.42%
Revenue beat(8)6
Avg Revenue beat(8)12.59%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-13.04%
PT rev (3m)-14.89%
EPS NQ rev (1m)-23.35%
EPS NQ rev (3m)-24.01%
EPS NY rev (1m)-7.59%
EPS NY rev (3m)-9.7%
Revenue NQ rev (1m)1%
Revenue NQ rev (3m)12.96%
Revenue NY rev (1m)5.1%
Revenue NY rev (3m)20.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.34 | ||
| Fwd PE | 7.1 | ||
| P/S | 0.83 | ||
| P/FCF | 0.8 | ||
| P/OCF | 0.8 | ||
| P/B | 1.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.18 |
EPS(TTM)4.26
EY11.99%
EPS(NY)5.01
Fwd EY14.09%
FCF(TTM)44.33
FCFY124.82%
OCF(TTM)44.51
OCFY125.32%
SpS42.87
BVpS29.32
TBVpS-28.2
PEG (NY)0.48
PEG (5Y)0.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.73% | ||
| ROE | 15.74% | ||
| ROCE | 1.1% | ||
| ROIC | 0.91% | ||
| ROICexc | 0.93% | ||
| ROICexgc | 1.29% | ||
| OM | 15.75% | ||
| PM (TTM) | 10.76% | ||
| GM | N/A | ||
| FCFM | 103.41% |
ROA(3y)0.51%
ROA(5y)0.57%
ROE(3y)11.29%
ROE(5y)9.72%
ROIC(3y)0.65%
ROIC(5y)N/A
ROICexc(3y)0.67%
ROICexc(5y)N/A
ROICexgc(3y)0.83%
ROICexgc(5y)N/A
ROCE(3y)0.79%
ROCE(5y)N/A
ROICexcg growth 3Y-16.01%
ROICexcg growth 5YN/A
ROICexc growth 3Y-22.32%
ROICexc growth 5YN/A
OM growth 3Y-17.37%
OM growth 5Y-8.02%
PM growth 3Y-21%
PM growth 5Y-11.75%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 0.36 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 4.22% | ||
| Cap/Sales | 0.42% | ||
| Interest Coverage | 7.17 | ||
| Cash Conversion | 405.61% | ||
| Profit Quality | 960.61% | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 0.16 |
F-Score6
WACC7.92%
ROIC/WACC0.11
Cap/Depr(3y)6.83%
Cap/Depr(5y)13.24%
Cap/Sales(3y)0.8%
Cap/Sales(5y)1.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.12%
EPS 3Y-11.8%
EPS 5Y9.33%
EPS Q2Q%86.67%
EPS Next Y17.51%
EPS Next 2Y20.5%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)31.17%
Revenue growth 3Y13.4%
Revenue growth 5Y24.99%
Sales Q2Q%-3.29%
Revenue Next Year12.48%
Revenue Next 2Y10.39%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1367.74%
EBIT growth 3Y-6.3%
EBIT growth 5Y14.97%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.89%
FCF growth 3Y48.14%
FCF growth 5Y56.47%
OCF growth 1Y2.83%
OCF growth 3Y47.46%
OCF growth 5Y55.87%