VOYA FINANCIAL INC (VOYA) Stock Fundamental Analysis
NYSE:VOYA - US9290891004 - Common Stock
75.09 USD
+0.06 (+0.08%)
75.09 USD
0 (0%)
VOYA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 102 industry peers in the Financial Services industry. VOYA has a bad profitability rating. Also its financial health evaluation is rather negative. VOYA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
VOYA had positive earnings in the past year.
VOYA had a positive operating cash flow in the past year.
Of the past 5 years VOYA 4 years were profitable.
VOYA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VOYA has a Return On Assets of 0.29%. This is in the lower half of the industry: VOYA underperforms 66.67% of its industry peers.
VOYA has a Return On Equity (10.63%) which is comparable to the rest of the industry.
VOYA's Return On Invested Capital of 0.41% is on the low side compared to the rest of the industry. VOYA is outperformed by 67.65% of its industry peers.
VOYA had an Average Return On Invested Capital over the past 3 years of 0.48%. This is significantly below the industry average of 7.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 10.63% | ||
| ROIC | 0.41% |
ROA(3y)0.36%
ROA(5y)0.43%
ROE(3y)14.61%
ROE(5y)13.35%
ROIC(3y)0.48%
ROIC(5y)0.62%
1.3 Margins
VOYA has a Profit Margin of 6.22%. This is comparable to the rest of the industry: VOYA outperforms 45.10% of its industry peers.
VOYA's Profit Margin has declined in the last couple of years.
VOYA has a Operating Margin of 11.27%. This is comparable to the rest of the industry: VOYA outperforms 45.10% of its industry peers.
VOYA's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.27% | ||
| PM (TTM) | 6.22% | ||
| GM | N/A |
OM growth 3Y-42.03%
OM growth 5Y4.28%
PM growth 3Y-46%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, VOYA has less shares outstanding
The number of shares outstanding for VOYA has been reduced compared to 5 years ago.
The debt/assets ratio for VOYA is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of VOYA is 1.55, which is an excellent value as it means it would take VOYA, only 1.55 years of fcf income to pay off all of its debts.
VOYA's Debt to FCF ratio of 1.55 is fine compared to the rest of the industry. VOYA outperforms 77.45% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that VOYA is not too dependend on debt financing.
VOYA's Debt to Equity ratio of 0.36 is in line compared to the rest of the industry. VOYA outperforms 59.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
VOYA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.10%.
VOYA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.08% yearly.
Looking at the last year, VOYA shows a small growth in Revenue. The Revenue has grown by 2.46% in the last year.
The Revenue has been growing slightly by 1.31% on average over the past years.
EPS 1Y (TTM)3.1%
EPS 3Y-3.34%
EPS 5Y11.08%
EPS Q2Q%8.37%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y23.9%
Revenue growth 5Y1.31%
Sales Q2Q%-2.56%
3.2 Future
The Earnings Per Share is expected to grow by 14.97% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.91% on average over the next years.
EPS Next Y17.78%
EPS Next 2Y16.54%
EPS Next 3Y15.42%
EPS Next 5Y14.97%
Revenue Next Year2.12%
Revenue Next 2Y2.94%
Revenue Next 3Y2.17%
Revenue Next 5Y3.91%
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.
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
With a Price/Earnings ratio of 9.41, the valuation of VOYA can be described as very reasonable.
74.51% of the companies in the same industry are more expensive than VOYA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of VOYA to the average of the S&P500 Index (27.13), we can say VOYA is valued rather cheaply.
A Price/Forward Earnings ratio of 7.31 indicates a rather cheap valuation of VOYA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VOYA indicates a somewhat cheap valuation: VOYA is cheaper than 77.45% of the companies listed in the same industry.
VOYA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
VOYA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VOYA is cheaper than 96.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
VOYA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VOYA's earnings are expected to grow with 15.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)0.85
EPS Next 2Y16.54%
EPS Next 3Y15.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.40%, VOYA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.24, VOYA pays a bit more dividend than its industry peers.
VOYA's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
On average, the dividend of VOYA grows each year by 33.28%, which is quite nice.
VOYA has paid a dividend for at least 10 years, which is a reliable track record.
VOYA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)33.28%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
VOYA pays out 44.31% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of VOYA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.31%
EPS Next 2Y16.54%
EPS Next 3Y15.42%
75.09
+0.06 (+0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners105.98%
Inst Owner Change1.52%
Ins Owners0.23%
Ins Owner Change2.01%
Market Cap7.24B
Analysts72.63
Price Target84.35 (12.33%)
Short Float %1.69%
Short Ratio1.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend2.14
Dividend Growth(5Y)33.28%
DP44.31%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.19%
Min EPS beat(2)18.18%
Max EPS beat(2)26.21%
EPS beat(4)4
Avg EPS beat(4)27.8%
Min EPS beat(4)1.8%
Max EPS beat(4)65.03%
EPS beat(8)6
Avg EPS beat(8)13.66%
EPS beat(12)9
Avg EPS beat(12)23.05%
EPS beat(16)13
Avg EPS beat(16)24.48%
Revenue beat(2)0
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)-0.2%
Revenue beat(4)2
Avg Revenue beat(4)1.79%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)4.52%
Revenue beat(8)5
Avg Revenue beat(8)3.35%
Revenue beat(12)5
Avg Revenue beat(12)0.74%
Revenue beat(16)8
Avg Revenue beat(16)2.11%
PT rev (1m)3.25%
PT rev (3m)12.36%
EPS NQ rev (1m)3.14%
EPS NQ rev (3m)-3.41%
EPS NY rev (1m)7.52%
EPS NY rev (3m)7.56%
Revenue NQ rev (1m)-1.44%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)-2.27%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 7.31 | ||
| P/S | 0.91 | ||
| P/FCF | 5.32 | ||
| P/OCF | 5.32 | ||
| P/B | 1.56 | ||
| P/tB | 2.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.98
EY10.63%
EPS(NY)10.27
Fwd EY13.67%
FCF(TTM)14.12
FCFY18.8%
OCF(TTM)14.12
OCFY18.8%
SpS82.1
BVpS48.01
TBVpS30.97
PEG (NY)0.53
PEG (5Y)0.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.29% | ||
| ROE | 10.63% | ||
| ROCE | 0.52% | ||
| ROIC | 0.41% | ||
| ROICexc | 0.41% | ||
| ROICexgc | 1.37% | ||
| OM | 11.27% | ||
| PM (TTM) | 6.22% | ||
| GM | N/A | ||
| FCFM | 17.19% |
ROA(3y)0.36%
ROA(5y)0.43%
ROE(3y)14.61%
ROE(5y)13.35%
ROIC(3y)0.48%
ROIC(5y)0.62%
ROICexc(3y)0.49%
ROICexc(5y)0.63%
ROICexgc(3y)1.48%
ROICexgc(5y)1.8%
ROCE(3y)0.61%
ROCE(5y)0.79%
ROICexcg growth 3Y-23.1%
ROICexcg growth 5Y15.38%
ROICexc growth 3Y-27.07%
ROICexc growth 5Y6.38%
OM growth 3Y-42.03%
OM growth 5Y4.28%
PM growth 3Y-46%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 1.55 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 276.63% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)259.4%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.1%
EPS 3Y-3.34%
EPS 5Y11.08%
EPS Q2Q%8.37%
EPS Next Y17.78%
EPS Next 2Y16.54%
EPS Next 3Y15.42%
EPS Next 5Y14.97%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y23.9%
Revenue growth 5Y1.31%
Sales Q2Q%-2.56%
Revenue Next Year2.12%
Revenue Next 2Y2.94%
Revenue Next 3Y2.17%
Revenue Next 5Y3.91%
EBIT growth 1Y-26.95%
EBIT growth 3Y-28.18%
EBIT growth 5Y5.65%
EBIT Next Year1.63%
EBIT Next 3Y6.83%
EBIT Next 5YN/A
FCF growth 1Y-9.75%
FCF growth 3Y293.94%
FCF growth 5Y0.53%
OCF growth 1Y-9.75%
OCF growth 3Y293.94%
OCF growth 5Y0.53%