HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
USA - NYSE:HIG - US4165151048 - Common Stock
133.85 USD
+0.17 (+0.13%)
133.85 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HIG. HIG was compared to 146 industry peers in the Insurance industry. Both the profitability and the financial health of HIG get a neutral evaluation. Nothing too spectacular is happening here. HIG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HIG was profitable.
In the past year HIG had a positive cash flow from operations.
Each year in the past 5 years HIG has been profitable.
In the past 5 years HIG always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.16%, HIG is doing good in the industry, outperforming 78.08% of the companies in the same industry.
HIG has a better Return On Equity (19.17%) than 86.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.17% | ||
| ROIC | N/A |
ROA(3y)3.17%
ROA(5y)2.98%
ROE(3y)16.04%
ROE(5y)14.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HIG's Profit Margin of 12.69% is fine compared to the rest of the industry. HIG outperforms 73.29% of its industry peers.
HIG's Profit Margin has improved in the last couple of years.
HIG has a better Operating Margin (16.46%) than 70.55% of its industry peers.
HIG's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.46% | ||
| PM (TTM) | 12.69% | ||
| GM | N/A |
OM growth 3Y2.24%
OM growth 5Y0.62%
PM growth 3Y3.61%
PM growth 5Y3.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
HIG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HIG has been reduced compared to 1 year ago.
The number of shares outstanding for HIG has been reduced compared to 5 years ago.
HIG has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of HIG is 0.74, which is an excellent value as it means it would take HIG, only 0.74 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 0.74, HIG is doing good in the industry, outperforming 77.40% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that HIG is not too dependend on debt financing.
HIG has a Debt to Equity ratio of 0.24. This is in the better half of the industry: HIG outperforms 67.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.74 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.27%
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 18.22% over the past year.
Measured over the past years, HIG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.78% on average per year.
Looking at the last year, HIG shows a small growth in Revenue. The Revenue has grown by 7.13% in the last year.
Measured over the past years, HIG shows a small growth in Revenue. The Revenue has been growing by 5.05% on average per year.
EPS 1Y (TTM)18.22%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%49.41%
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%6.83%
3.2 Future
The Earnings Per Share is expected to grow by 11.42% on average over the next years. This is quite good.
Based on estimates for the next years, HIG will show a small growth in Revenue. The Revenue will grow by 6.51% on average per year.
EPS Next Y21.29%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue Next Year8.73%
Revenue Next 2Y7.36%
Revenue Next 3Y6.51%
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 stable.
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
A Price/Earnings ratio of 10.86 indicates a reasonable valuation of HIG.
HIG's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of HIG to the average of the S&P500 Index (25.89), we can say HIG is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.17, the valuation of HIG can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HIG is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, HIG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.86 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HIG indicates a somewhat cheap valuation: HIG is cheaper than 63.01% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, HIG is valued a bit cheaper than the industry average as 67.81% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.39 | ||
| EV/EBITDA | 7.6 |
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.
PEG (NY)0.51
PEG (5Y)0.85
EPS Next 2Y12.97%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.80%.
Compared to an average industry Dividend Yield of 3.47, HIG has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
On average, the dividend of HIG grows each year by 9.29%, which is quite nice.
HIG has been paying a dividend for at least 10 years, so it has a reliable track record.
HIG has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.29%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
HIG pays out 17.08% of its income as dividend. This is a sustainable payout ratio.
The dividend of HIG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP17.08%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
133.85
+0.17 (+0.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners94.97%
Inst Owner Change-0.55%
Ins Owners0.34%
Ins Owner Change-1.3%
Market Cap37.63B
Revenue(TTM)27.87B
Net Income(TTM)3.54B
Analysts72.31
Price Target145.58 (8.76%)
Short Float %1.47%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend1.97
Dividend Growth(5Y)9.29%
DP17.08%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.8%
Min EPS beat(2)16.45%
Max EPS beat(2)19.15%
EPS beat(4)4
Avg EPS beat(4)11.97%
Min EPS beat(4)1.72%
Max EPS beat(4)19.15%
EPS beat(8)6
Avg EPS beat(8)9.46%
EPS beat(12)9
Avg EPS beat(12)9.11%
EPS beat(16)13
Avg EPS beat(16)12.64%
Revenue beat(2)0
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-1.58%
Max Revenue beat(2)-0.35%
Revenue beat(4)0
Avg Revenue beat(4)-1.66%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.35%
Revenue beat(8)0
Avg Revenue beat(8)-1.48%
Revenue beat(12)1
Avg Revenue beat(12)-0.87%
Revenue beat(16)2
Avg Revenue beat(16)-0.71%
PT rev (1m)2.94%
PT rev (3m)3.82%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)2.74%
EPS NY rev (1m)5.37%
EPS NY rev (3m)11.97%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.86 | ||
| Fwd PE | 10.17 | ||
| P/S | 1.35 | ||
| P/FCF | 6.39 | ||
| P/OCF | 6.29 | ||
| P/B | 2.04 | ||
| P/tB | 2.36 | ||
| EV/EBITDA | 7.6 |
EPS(TTM)12.33
EY9.21%
EPS(NY)13.16
Fwd EY9.83%
FCF(TTM)20.95
FCFY15.65%
OCF(TTM)21.3
OCFY15.91%
SpS99.11
BVpS65.62
TBVpS56.75
PEG (NY)0.51
PEG (5Y)0.85
Graham Number134.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 19.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 16.46% | ||
| PM (TTM) | 12.69% | ||
| GM | N/A | ||
| FCFM | 21.14% |
ROA(3y)3.17%
ROA(5y)2.98%
ROE(3y)16.04%
ROE(5y)14.1%
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)4.21%
ROCE(5y)4.01%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y2.24%
OM growth 5Y0.62%
PM growth 3Y3.61%
PM growth 5Y3.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.74 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 10.36% | ||
| Cap/Sales | 0.35% | ||
| Interest Coverage | 22.16 | ||
| Cash Conversion | 108.42% | ||
| Profit Quality | 166.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.27%
ROIC/WACCN/A
Cap/Depr(3y)7.01%
Cap/Depr(5y)6.34%
Cap/Sales(3y)0.74%
Cap/Sales(5y)0.67%
Profit Quality(3y)187.16%
Profit Quality(5y)189.69%
High Growth Momentum
Growth
EPS 1Y (TTM)18.22%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%49.41%
EPS Next Y21.29%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue 1Y (TTM)7.13%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%6.83%
Revenue Next Year8.73%
Revenue Next 2Y7.36%
Revenue Next 3Y6.51%
Revenue Next 5YN/A
EBIT growth 1Y19.55%
EBIT growth 3Y8.2%
EBIT growth 5Y5.7%
EBIT Next Year13.97%
EBIT Next 3Y7.06%
EBIT Next 5YN/A
FCF growth 1Y69.62%
FCF growth 3Y12.78%
FCF growth 5Y11.24%
OCF growth 1Y62.85%
OCF growth 3Y12.49%
OCF growth 5Y11.11%
HARTFORD INSURANCE GROUP INC / HIG FAQ
What is the ChartMill fundamental rating of HARTFORD INSURANCE GROUP INC (HIG) stock?
ChartMill assigns a fundamental rating of 5 / 10 to HIG.
Can you provide the valuation status for HARTFORD INSURANCE GROUP INC?
ChartMill assigns a valuation rating of 6 / 10 to HARTFORD INSURANCE GROUP INC (HIG). This can be considered as Fairly Valued.
How profitable is HARTFORD INSURANCE GROUP INC (HIG) stock?
HARTFORD INSURANCE GROUP INC (HIG) has a profitability rating of 5 / 10.
What is the valuation of HARTFORD INSURANCE GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HARTFORD INSURANCE GROUP INC (HIG) is 10.86 and the Price/Book (PB) ratio is 2.04.
How financially healthy is HARTFORD INSURANCE GROUP INC?
The financial health rating of HARTFORD INSURANCE GROUP INC (HIG) is 4 / 10.