HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
NYSE:HIG - New York Stock Exchange, Inc. - US4165151048 - Common Stock - Currency: USD
Overall HIG gets a fundamental rating of 5 out of 10. We evaluated HIG against 143 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HIG had positive earnings in the past year.
HIG had a positive operating cash flow in the past year.
Each year in the past 5 years HIG has been profitable.
Each year in the past 5 years HIG had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.82%, HIG is doing good in the industry, outperforming 75.52% of the companies in the same industry.
HIG has a better Return On Equity (18.79%) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 18.79% | ||
| 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 11.66% is fine compared to the rest of the industry. HIG outperforms 71.33% of its industry peers.
In the last couple of years the Profit Margin of HIG has grown nicely.
Looking at the Operating Margin, with a value of 14.97%, HIG is in the better half of the industry, outperforming 65.73% of the companies in the same industry.
HIG's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.97% | ||
| PM (TTM) | 11.66% | ||
| 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.
Compared to 1 year ago, HIG has less shares outstanding
The number of shares outstanding for HIG has been reduced compared to 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 0.76, which is an excellent value as it means it would take HIG, only 0.76 years of fcf income to pay off all of its debts.
HIG has a Debt to FCF ratio of 0.76. This is in the better half of the industry: HIG outperforms 69.93% of its industry peers.
HIG has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of HIG (0.27) is better than 65.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.4%
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 15.71% over the past year.
The Earnings Per Share has been growing by 12.78% on average over the past years. This is quite good.
Looking at the last year, HIG shows a quite strong growth in Revenue. The Revenue has grown by 8.01% 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)15.71%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%-3.92%
Revenue 1Y (TTM)8.01%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.48%
3.2 Future
Based on estimates for the next years, HIG will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.65% on average per year.
HIG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.31% yearly.
EPS Next Y8.07%
EPS Next 2Y11.77%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue Next Year9.49%
Revenue Next 2Y7.37%
Revenue Next 3Y6.31%
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
HIG is valuated reasonably with a Price/Earnings ratio of 11.08.
HIG's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.29, HIG is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.25, the valuation of HIG can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as HIG.
HIG is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.08 | ||
| Fwd PE | 10.25 |
4.2 Price Multiples
74.13% 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 67.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.66 | ||
| EV/EBITDA | 5.72 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.37
PEG (5Y)0.87
EPS Next 2Y11.77%
EPS Next 3Y11.65%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.77%.
HIG's Dividend Yield is comparable with the industry average which is at 3.28.
Compared to the average S&P500 Dividend Yield of 2.51, HIG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
5.2 History
The dividend of HIG is nicely growing with an annual growth rate of 9.29%!
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 18.67% 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.
DP18.67%
EPS Next 2Y11.77%
EPS Next 3Y11.65%
NYSE:HIG (4/21/2025, 1:24:03 PM)
114.23
-3.57 (-3.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners95.4%
Inst Owner Change0.45%
Ins Owners0.28%
Ins Owner Change7.94%
Market Cap32.60B
Analysts72.8
Price Target131.88 (15.45%)
Short Float %1.57%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
Yearly Dividend1.97
Dividend Growth(5Y)9.29%
DP18.67%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.56%
Min EPS beat(2)-1.43%
Max EPS beat(2)10.56%
EPS beat(4)2
Avg EPS beat(4)3.5%
Min EPS beat(4)-5.51%
Max EPS beat(4)10.56%
EPS beat(8)5
Avg EPS beat(8)6.25%
EPS beat(12)9
Avg EPS beat(12)11.14%
EPS beat(16)12
Avg EPS beat(16)16.9%
Revenue beat(2)0
Avg Revenue beat(2)-0.79%
Min Revenue beat(2)-1.49%
Max Revenue beat(2)-0.09%
Revenue beat(4)0
Avg Revenue beat(4)-1.57%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)-0.09%
Revenue beat(8)0
Avg Revenue beat(8)-1.14%
Revenue beat(12)1
Avg Revenue beat(12)-1.12%
Revenue beat(16)5
Avg Revenue beat(16)0.53%
PT rev (1m)0.46%
PT rev (3m)0%
EPS NQ rev (1m)-8.18%
EPS NQ rev (3m)-25.11%
EPS NY rev (1m)-1.22%
EPS NY rev (3m)-5.02%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)1.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.08 | ||
| Fwd PE | 10.25 | ||
| P/S | 1.23 | ||
| P/FCF | 5.66 | ||
| P/OCF | 5.52 | ||
| P/B | 1.98 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 5.72 |
EPS(TTM)10.31
EY9.03%
EPS(NY)11.14
Fwd EY9.75%
FCF(TTM)20.2
FCFY17.68%
OCF(TTM)20.7
OCFY18.13%
SpS92.82
BVpS57.63
TBVpS48.7
PEG (NY)1.37
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 18.79% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 14.97% | ||
| PM (TTM) | 11.66% | ||
| GM | N/A | ||
| FCFM | 21.76% |
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%
ROICexcg growth 3YN/A
ROICexcg 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 | 0.27 | ||
| Debt/FCF | 0.76 | ||
| Debt/EBITDA | 0.66 | ||
| Cap/Depr | 5.5% | ||
| Cap/Sales | 0.55% | ||
| Interest Coverage | 18.8 | ||
| Cash Conversion | 89.48% | ||
| Profit Quality | 186.54% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.4%
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)15.71%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%-3.92%
EPS Next Y8.07%
EPS Next 2Y11.77%
EPS Next 3Y11.65%
EPS Next 5YN/A
Revenue 1Y (TTM)8.01%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.48%
Revenue Next Year9.49%
Revenue Next 2Y7.37%
Revenue Next 3Y6.31%
Revenue Next 5YN/A
EBIT growth 1Y20.44%
EBIT growth 3Y8.2%
EBIT growth 5Y5.7%
EBIT Next Year13.97%
EBIT Next 3Y7.06%
EBIT Next 5YN/A
FCF growth 1Y43.92%
FCF growth 3Y12.78%
FCF growth 5Y11.24%
OCF growth 1Y40.02%
OCF growth 3Y12.49%
OCF growth 5Y11.11%