HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HIG - US4165151048 - Common Stock
129.43 USD
-2.43 (-1.84%)
129.43 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HIG. HIG was compared to 148 industry peers in the Insurance industry. HIG has an average financial health and profitability rating. 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.
HIG had positive earnings in each of the past 5 years.
Each year in the past 5 years HIG had a positive operating cash flow.
1.2 Ratios
HIG has a Return On Assets of 4.16%. This is in the better half of the industry: HIG outperforms 77.03% of its industry peers.
HIG has a better Return On Equity (19.17%) than 83.78% 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 67.57% of its industry peers.
HIG's Profit Margin has improved in the last couple of years.
HIG's Operating Margin of 16.46% is fine compared to the rest of the industry. HIG outperforms 65.54% of its industry peers.
In the last couple of years the Operating Margin of HIG has remained more or less at the same level.
| 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.
HIG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HIG has been reduced compared to a year ago.
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.
The Debt to FCF ratio of HIG (0.74) is better than 77.03% of its industry peers.
HIG has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
HIG has a better Debt to Equity ratio (0.24) than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.74 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.26%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
HIG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.22%, which is quite good.
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.
HIG shows a small growth in Revenue. In the last year, the Revenue has grown by 7.13%.
The Revenue has been growing slightly by 5.05% on average over the past years.
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
HIG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.42% yearly.
The Revenue is expected to grow by 6.51% on average over the next years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.50 indicates a reasonable valuation of HIG.
The rest of the industry has a similar Price/Earnings ratio as HIG.
When comparing the Price/Earnings ratio of HIG to the average of the S&P500 Index (26.46), we can say HIG is valued rather cheaply.
The Price/Forward Earnings ratio is 9.84, which indicates a very decent valuation of HIG.
HIG's Price/Forward Earnings is on the same level as the industry average.
HIG is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 9.84 |
4.2 Price Multiples
73.65% of the companies in the same industry are more expensive than HIG, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HIG is valued a bit cheaper than 66.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.12 | ||
| EV/EBITDA | 5.56 |
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)0.49
PEG (5Y)0.82
EPS Next 2Y12.97%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.75%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.32, HIG has a dividend in line with its industry peers.
HIG's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
On average, the dividend of HIG grows each year by 9.29%, which is quite nice.
HIG has paid a dividend for at least 10 years, which is a reliable track record.
HIG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.29%
Div Incr Years12
Div Non Decr Years15
5.3 Sustainability
17.08% of the earnings are spent on dividend by HIG. This is a low number and sustainable payout ratio.
HIG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP17.08%
EPS Next 2Y12.97%
EPS Next 3Y11.42%
129.43
-2.43 (-1.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners94.97%
Inst Owner Change2.86%
Ins Owners0.34%
Ins Owner Change-0.68%
Market Cap36.07B
Revenue(TTM)27.87B
Net Income(TTM)3.54B
Analysts72.31
Price Target144.33 (11.51%)
Short Float %1.67%
Short Ratio3.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
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)-0.86%
PT rev (3m)2.27%
EPS NQ rev (1m)-0.4%
EPS NQ rev (3m)0.55%
EPS NY rev (1m)3.43%
EPS NY rev (3m)5.21%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)0.81%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 9.84 | ||
| P/S | 1.29 | ||
| P/FCF | 6.12 | ||
| P/OCF | 6.02 | ||
| P/B | 1.95 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 5.56 |
EPS(TTM)12.33
EY9.53%
EPS(NY)13.16
Fwd EY10.17%
FCF(TTM)21.14
FCFY16.33%
OCF(TTM)21.49
OCFY16.6%
SpS100.01
BVpS66.21
TBVpS57.26
PEG (NY)0.49
PEG (5Y)0.82
Graham Number135.53
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 | 0.59 | ||
| Cap/Depr | 3.46% | ||
| Cap/Sales | 0.35% | ||
| Interest Coverage | 22.16 | ||
| Cash Conversion | 80.98% | ||
| Profit Quality | 166.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.26%
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 10.5 and the Price/Book (PB) ratio is 1.95.
How financially healthy is HARTFORD INSURANCE GROUP INC?
The financial health rating of HARTFORD INSURANCE GROUP INC (HIG) is 4 / 10.