KEMPER CORP (KMPR) Stock Fundamental Analysis
USA - NYSE:KMPR - US4884011002 - Common Stock
50.64 USD
+0.24 (+0.48%)
50.64 USD
0 (0%)
Taking everything into account, KMPR scores 4 out of 10 in our fundamental rating. KMPR was compared to 146 industry peers in the Insurance industry. KMPR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. KMPR has a decent growth rate and is not valued too expensively. KMPR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
KMPR had positive earnings in the past year.
KMPR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: KMPR reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: KMPR reported negative operating cash flow in multiple years.
1.2 Ratios
With a decent Return On Assets value of 2.73%, KMPR is doing good in the industry, outperforming 63.70% of the companies in the same industry.
The Return On Equity of KMPR (11.63%) is comparable to the rest of the industry.
The Return On Invested Capital of KMPR (2.81%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 11.63% | ||
| ROIC | 2.81% |
ROA(3y)-0.59%
ROA(5y)0.05%
ROE(3y)-3.4%
ROE(5y)-0.86%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KMPR's Profit Margin of 7.16% is in line compared to the rest of the industry. KMPR outperforms 49.32% of its industry peers.
KMPR's Profit Margin has declined in the last couple of years.
KMPR has a worse Operating Margin (8.63%) than 60.27% of its industry peers.
KMPR's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.63% | ||
| PM (TTM) | 7.16% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y-4.87%
PM growth 3YN/A
PM growth 5Y-8.69%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KMPR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for KMPR has been reduced compared to 1 year ago.
KMPR has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KMPR has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.78, we must say that KMPR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of KMPR (0.78) is better than 75.34% of its industry peers.
KMPR has a debt to FCF ratio of 1.71. This is a very positive value and a sign of high solvency as it would only need 1.71 years to pay back of all of its debts.
With a Debt to FCF ratio value of 1.71, KMPR perfoms like the industry average, outperforming 54.79% of the companies in the same industry.
A Debt/Equity ratio of 0.32 indicates that KMPR is not too dependend on debt financing.
KMPR has a Debt to Equity ratio of 0.32. This is comparable to the rest of the industry: KMPR outperforms 48.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | 0.78 |
ROIC/WACC0.4
WACC7.06%
2.3 Liquidity
A Current Ratio of 0.25 indicates that KMPR may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.25, KMPR is in the better half of the industry, outperforming 68.49% of the companies in the same industry.
KMPR has a Quick Ratio of 0.25. This is a bad value and indicates that KMPR is not financially healthy enough and could expect problems in meeting its short term obligations.
KMPR has a Quick ratio of 0.25. This is in the better half of the industry: KMPR outperforms 68.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
KMPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 124.38%, which is quite impressive.
Measured over the past years, KMPR shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.21% on average per year.
Looking at the last year, KMPR shows a small growth in Revenue. The Revenue has grown by 2.93% in the last year.
Measured over the past years, KMPR shows a decrease in Revenue. The Revenue has been decreasing by -1.11% on average per year.
EPS 1Y (TTM)124.38%
EPS 3YN/A
EPS 5Y-1.21%
EPS Q2Q%-8.45%
Revenue 1Y (TTM)2.93%
Revenue growth 3Y-6.52%
Revenue growth 5Y-1.11%
Sales Q2Q%9.39%
3.2 Future
The Earnings Per Share is expected to grow by 4.29% on average over the next years.
The Revenue is expected to grow by 8.13% on average over the next years. This is quite good.
EPS Next Y-3.57%
EPS Next 2Y0.8%
EPS Next 3Y4.29%
EPS Next 5YN/A
Revenue Next Year8.22%
Revenue Next 2Y7.48%
Revenue Next 3Y8.13%
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.
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
KMPR is valuated cheaply with a Price/Earnings ratio of 7.97.
Compared to the rest of the industry, the Price/Earnings ratio of KMPR indicates a somewhat cheap valuation: KMPR is cheaper than 73.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.86. KMPR is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.46, the valuation of KMPR can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KMPR indicates a somewhat cheap valuation: KMPR is cheaper than 68.49% of the companies listed in the same industry.
KMPR is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.97 | ||
| Fwd PE | 8.46 |
4.2 Price Multiples
KMPR's Enterprise Value to EBITDA ratio is in line with the industry average.
69.18% of the companies in the same industry are more expensive than KMPR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.77 | ||
| EV/EBITDA | 8.44 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.8%
EPS Next 3Y4.29%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.21%, KMPR is a good candidate for dividend investing.
In the last 3 months the price of KMPR has falen by -20.35%. 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 3.60, KMPR pays a better dividend. On top of this KMPR pays more dividend than 84.93% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, KMPR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
5.2 History
The dividend of KMPR has a limited annual growth rate of 4.04%.
KMPR has paid a dividend for at least 10 years, which is a reliable track record.
KMPR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.04%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
KMPR pays out 23.68% of its income as dividend. This is a sustainable payout ratio.
KMPR's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP23.68%
EPS Next 2Y0.8%
EPS Next 3Y4.29%
50.64
+0.24 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners88.84%
Inst Owner Change-2.06%
Ins Owners4.9%
Ins Owner Change0.5%
Market Cap3.18B
Analysts76.67
Price Target68.95 (36.16%)
Short Float %6.1%
Short Ratio3.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
Yearly Dividend1.25
Dividend Growth(5Y)4.04%
DP23.68%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.8%
Min EPS beat(2)-16.2%
Max EPS beat(2)8.6%
EPS beat(4)3
Avg EPS beat(4)10.13%
Min EPS beat(4)-16.2%
Max EPS beat(4)29.68%
EPS beat(8)5
Avg EPS beat(8)4.76%
EPS beat(12)9
Avg EPS beat(12)8.44%
EPS beat(16)11
Avg EPS beat(16)-117.91%
Revenue beat(2)0
Avg Revenue beat(2)-1.62%
Min Revenue beat(2)-2.26%
Max Revenue beat(2)-0.98%
Revenue beat(4)1
Avg Revenue beat(4)-0.82%
Min Revenue beat(4)-2.26%
Max Revenue beat(4)2.05%
Revenue beat(8)3
Avg Revenue beat(8)-2.32%
Revenue beat(12)5
Avg Revenue beat(12)-3.29%
Revenue beat(16)9
Avg Revenue beat(16)-1.63%
PT rev (1m)0%
PT rev (3m)-17.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.77%
EPS NY rev (1m)-0.69%
EPS NY rev (3m)-10.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.97 | ||
| Fwd PE | 8.46 | ||
| P/S | 0.66 | ||
| P/FCF | 5.77 | ||
| P/OCF | 5.42 | ||
| P/B | 1.08 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 8.44 |
EPS(TTM)6.35
EY12.54%
EPS(NY)5.99
Fwd EY11.82%
FCF(TTM)8.78
FCFY17.35%
OCF(TTM)9.35
OCFY18.46%
SpS76.46
BVpS47.07
TBVpS27.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 11.63% | ||
| ROCE | 3.5% | ||
| ROIC | 2.81% | ||
| ROICexc | 2.86% | ||
| ROICexgc | 3.33% | ||
| OM | 8.63% | ||
| PM (TTM) | 7.16% | ||
| GM | N/A | ||
| FCFM | 11.49% |
ROA(3y)-0.59%
ROA(5y)0.05%
ROE(3y)-3.4%
ROE(5y)-0.86%
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)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-4.68%
ROICexc growth 3YN/A
ROICexc growth 5Y-4.79%
OM growth 3YN/A
OM growth 5Y-4.87%
PM growth 3YN/A
PM growth 5Y-8.69%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | 2.03 | ||
| Cap/Depr | 68.93% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 7.62 | ||
| Cash Conversion | 126.07% | ||
| Profit Quality | 160.48% | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 0.78 |
F-Score9
WACC7.06%
ROIC/WACC0.4
Cap/Depr(3y)78.11%
Cap/Depr(5y)77.87%
Cap/Sales(3y)0.93%
Cap/Sales(5y)0.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)124.38%
EPS 3YN/A
EPS 5Y-1.21%
EPS Q2Q%-8.45%
EPS Next Y-3.57%
EPS Next 2Y0.8%
EPS Next 3Y4.29%
EPS Next 5YN/A
Revenue 1Y (TTM)2.93%
Revenue growth 3Y-6.52%
Revenue growth 5Y-1.11%
Sales Q2Q%9.39%
Revenue Next Year8.22%
Revenue Next 2Y7.48%
Revenue Next 3Y8.13%
Revenue Next 5YN/A
EBIT growth 1Y10.38%
EBIT growth 3YN/A
EBIT growth 5Y-5.93%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y351.99%
FCF growth 3Y4.02%
FCF growth 5Y-6.04%
OCF growth 1Y415.04%
OCF growth 3Y2.97%
OCF growth 5Y-6.45%