Genworth Financial, Inc. provides insurance products in the United States and internationally.
Undervalued with acceptable track record.
Share Price & News
How has Genworth Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GGK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GGK exceeded the German Insurance industry which returned -22.9% over the past year.
Return vs Market: GGK exceeded the German Market which returned -20.9% over the past year.
Price Volatility Vs. Market
How volatile is Genworth Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Genworth Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GGK (€3.06) is trading below our estimate of fair value (€9.92)
Significantly Below Fair Value: GGK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GGK is good value based on its PE Ratio (3.7x) compared to the Insurance industry average (9x).
PE vs Market: GGK is good value based on its PE Ratio (3.7x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GGK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GGK is good value based on its PB Ratio (0.1x) compared to the DE Insurance industry average (0.8x).
How is Genworth Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GGK's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if GGK's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GGK's revenue is expected to decline over the next 3 years (-1.4% per year).
High Growth Revenue: GGK's revenue is forecast to decline over the next 3 years (-1.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GGK's Return on Equity is forecast to be low in 3 years time (4.7%).
How has Genworth Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGK has high quality earnings.
Growing Profit Margin: GGK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GGK has become profitable over the past 5 years, growing earnings by 69.3% per year.
Accelerating Growth: GGK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GGK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (17.9%).
Return on Equity
High ROE: GGK's Return on Equity (3.5%) is considered low.
How is Genworth Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: GGK has a low level of unsold assets or inventory.
Debt Coverage by Assets: GGK's debt is covered by short term assets (assets are 6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GGK is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: GGK is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: GGK's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GGK has a sufficient allowance for bad loans.
Low Risk Liabilities: GGK reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GGK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GGK has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GGK has an appropriate level of bad loans.
What is Genworth Financial's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GGK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GGK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GGK is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GGK's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom McInerney (62yo)
Mr. Thomas Joseph McInerney, also known as Tom, has been the Chief Executive Officer, President, and Director of Genworth Financial, Inc., since January 1, 2013. Mr. McInerney serves as Senior Vice Preside ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD9.31M) is above average for companies of similar size in the German market ($USD1.93M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||4.5yrs||US$1.83m||0.098% $1.5m|
|Executive VP & COO||4.25yrs||US$2.55m||0.19% $3.0m|
|Executive VP & Chief Investment Officer||6.33yrs||US$2.61m||0.16% $2.4m|
|Executive VP & General Counsel||5.25yrs||US$2.04m||0.061% $946.0k|
|Director Corporate Finance & Investor Relations||5.25yrs||no data||no data|
|Chief Compliance Officer||15.92yrs||no data||no data|
|Executive Vice President of Human Resources||2.25yrs||no data||no data|
|Managing Director of Japanese Operations||no data||no data||no data|
|Chief Actuary and Senior Vice President||11.17yrs||no data||no data|
Experienced Management: GGK's management team is seasoned and experienced (5.3 years average tenure).
|Independent Director||10.5yrs||US$226.73k||0.0022% $34.0k|
|Independent Non-Executive Chairman of the Board||7.92yrs||US$383.68k||0.013% $209.9k|
|Independent Director||7.33yrs||US$230.73k||no data|
|Independent Director||3.33yrs||US$233.89k||no data|
|Independent Director||3.33yrs||US$208.98k||no data|
|Independent Director||6.58yrs||US$214.73k||no data|
|Independent Director||7.08yrs||US$214.23k||no data|
Experienced Board: GGK's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Genworth Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Genworth Financial, Inc.
- Ticker: GGK
- Exchange: DB
- Founded: 1871
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: US$1.681b
- Listing Market Cap: US$1.558b
- Shares outstanding: 504.77m
- Website: https://www.genworth.com
Number of Employees
- Genworth Financial, Inc.
- 6620 West Broad Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GNW||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||May 2004|
|GGK||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||May 2004|
|GNW *||BMV (Bolsa Mexicana de Valores)||Yes||Class A Common Stock||MX||MXN||May 2004|
|GGK||BRSE (Berne Stock Exchange)||Yes||Class A Common Stock||CH||CHF||May 2004|
Genworth Financial, Inc. provides insurance products in the United States and internationally. It operates through four segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. The Australia Mortgage Insurance segment offers flow mortgage insurance and bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. The company distributes its products and services through employer groups and and directly to customers. Genworth Financial, Inc. was founded in 1871 and is headquartered in Richmond, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 20:32|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.