HARTFORD INSURANCE GROUP INC (HIG) Stock Fundamental Analysis
NYSE:HIG - US4165151048 - Common Stock
132.31 USD
+0.09 (+0.07%)
132.31 USD
0 (0%)
Overall HIG gets a fundamental rating of 5 out of 10. We evaluated HIG against 145 industry peers in the Insurance industry. HIG has only an average score on both its financial health and profitability. 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.
In the past year HIG had a positive cash flow from operations.
In the past 5 years HIG has always been profitable.
Each year in the past 5 years HIG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of HIG (3.85%) is better than 76.71% of its industry peers.
HIG's Return On Equity of 18.40% is amongst the best of the industry. HIG outperforms 85.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 18.4% | ||
| 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 has a better Profit Margin (11.77%) than 71.92% 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 15.39%, HIG is in the better half of the industry, outperforming 67.81% of the companies in the same industry.
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 | 15.39% | ||
| PM (TTM) | 11.77% | ||
| 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
Compared to 5 years ago, HIG has less shares outstanding
Compared to 1 year ago, HIG has an improved debt to assets ratio.
2.2 Solvency
HIG has a debt to FCF ratio of 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
The Debt to FCF ratio of HIG (0.76) is better than 76.03% of its industry peers.
HIG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
HIG's Debt to Equity ratio of 0.25 is fine compared to the rest of the industry. HIG outperforms 63.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.35%
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 8.73%, 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.
The Revenue has been growing slightly by 7.56% in the past 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)8.73%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%36.4%
Revenue 1Y (TTM)7.56%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.72%
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 12.04% yearly.
HIG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.11% yearly.
EPS Next Y15.28%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
EPS Next 5YN/A
Revenue Next Year8.33%
Revenue Next 2Y7.1%
Revenue Next 3Y6.11%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
The Price/Earnings ratio is 11.94, which indicates a very decent valuation of HIG.
HIG's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of HIG to the average of the S&P500 Index (27.08), we can say HIG is valued rather cheaply.
A Price/Forward Earnings ratio of 9.94 indicates a reasonable valuation of HIG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HIG is on the same level as its industry peers.
HIG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.94 | ||
| Fwd PE | 9.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HIG is valued a bit cheaper than 73.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HIG is valued a bit cheaper than 67.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.51 | ||
| EV/EBITDA | 5.93 |
4.3 Compensation for Growth
HIG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HIG's earnings are expected to grow with 12.04% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)0.93
EPS Next 2Y13.63%
EPS Next 3Y12.04%
5. Dividend
5.1 Amount
HIG has a Yearly Dividend Yield of 1.57%. Purely for dividend investing, there may be better candidates out there.
HIG's Dividend Yield is comparable with the industry average which is at 3.29.
HIG's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
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 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
18.46% of the earnings are spent on dividend by HIG. This is a low number and sustainable payout ratio.
The dividend of HIG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP18.46%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
132.31
+0.09 (+0.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners96.36%
Inst Owner Change-5.59%
Ins Owners0.33%
Ins Owner Change-0.61%
Market Cap37.20B
Analysts73.33
Price Target141.12 (6.66%)
Short Float %1.17%
Short Ratio2.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
Yearly Dividend1.97
Dividend Growth(5Y)9.29%
DP18.46%
Div Incr Years12
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.43%
Min EPS beat(2)1.72%
Max EPS beat(2)19.15%
EPS beat(4)3
Avg EPS beat(4)7.5%
Min EPS beat(4)-1.43%
Max EPS beat(4)19.15%
EPS beat(8)6
Avg EPS beat(8)9.2%
EPS beat(12)9
Avg EPS beat(12)8.97%
EPS beat(16)13
Avg EPS beat(16)14.38%
Revenue beat(2)0
Avg Revenue beat(2)-2.39%
Min Revenue beat(2)-3.21%
Max Revenue beat(2)-1.58%
Revenue beat(4)0
Avg Revenue beat(4)-1.59%
Min Revenue beat(4)-3.21%
Max Revenue beat(4)-0.09%
Revenue beat(8)0
Avg Revenue beat(8)-1.56%
Revenue beat(12)1
Avg Revenue beat(12)-0.86%
Revenue beat(16)3
Avg Revenue beat(16)-0.24%
PT rev (1m)1.78%
PT rev (3m)4.23%
EPS NQ rev (1m)-0.6%
EPS NQ rev (3m)3.5%
EPS NY rev (1m)6.42%
EPS NY rev (3m)6.38%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.94 | ||
| Fwd PE | 9.94 | ||
| P/S | 1.36 | ||
| P/FCF | 6.51 | ||
| P/OCF | 6.38 | ||
| P/B | 2.12 | ||
| P/tB | 2.48 | ||
| EV/EBITDA | 5.93 |
EPS(TTM)11.08
EY8.37%
EPS(NY)13.31
Fwd EY10.06%
FCF(TTM)20.33
FCFY15.36%
OCF(TTM)20.73
OCFY15.67%
SpS97.38
BVpS62.3
TBVpS53.37
PEG (NY)0.78
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 18.4% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 15.39% | ||
| PM (TTM) | 11.77% | ||
| GM | N/A | ||
| FCFM | 20.88% |
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 | 0.25 | ||
| Debt/FCF | 0.76 | ||
| Debt/EBITDA | 0.63 | ||
| Cap/Depr | 4.05% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 20.26 | ||
| Cash Conversion | 83.52% | ||
| Profit Quality | 177.3% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC8.35%
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)8.73%
EPS 3Y18.67%
EPS 5Y12.78%
EPS Q2Q%36.4%
EPS Next Y15.28%
EPS Next 2Y13.63%
EPS Next 3Y12.04%
EPS Next 5YN/A
Revenue 1Y (TTM)7.56%
Revenue growth 3Y5.83%
Revenue growth 5Y5.05%
Sales Q2Q%7.72%
Revenue Next Year8.33%
Revenue Next 2Y7.1%
Revenue Next 3Y6.11%
Revenue Next 5YN/A
EBIT growth 1Y13.15%
EBIT growth 3Y8.2%
EBIT growth 5Y5.7%
EBIT Next Year13.97%
EBIT Next 3Y7.06%
EBIT Next 5YN/A
FCF growth 1Y76.97%
FCF growth 3Y12.78%
FCF growth 5Y11.24%
OCF growth 1Y70.06%
OCF growth 3Y12.49%
OCF growth 5Y11.11%