NasdaqGS:NWLI

Stock Analysis Report

National Western Life Group

Executive Summary

National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company.

Snowflake

Fundamentals

Good value with proven track record.


Similar Companies

Share Price & News

How has National Western Life Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.8%

NWLI

2.3%

US Insurance

3.4%

US Market


1 Year Return

-9.7%

NWLI

14.2%

US Insurance

5.4%

US Market

Return vs Industry: NWLI underperformed the US Insurance industry which returned 14.2% over the past year.

Return vs Market: NWLI underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

NWLIIndustryMarket
7 Day0.8%2.3%3.4%
30 Day-5.7%-1.1%-1.0%
90 Day0.08%-2.2%-0.4%
1 Year-9.6%-9.7%17.0%14.2%7.7%5.4%
3 Year22.5%22.0%42.5%31.5%46.2%36.8%
5 Year7.6%6.8%72.1%51.6%65.6%47.5%

Price Volatility Vs. Market

How volatile is National Western Life Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is National Western Life Group undervalued compared to its fair value and its price relative to the market?

24.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: NWLI ($263.21) is trading below our estimate of fair value ($348.94)

Significantly Undervalued: NWLI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: NWLI is good value based on its PE Ratio (7.3x) compared to the Insurance industry average (15.6x).

PE vs Market: NWLI is good value based on its PE Ratio (7.3x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate NWLI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NWLI is good value based on its PB Ratio (0.5x) compared to the US Insurance industry average (1.2x).


Next Steps

Future Growth

How is National Western Life Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NWLI's forecast earnings growth (12.3% per year) is above the savings rate (2.7%).

Earnings vs Market: NWLI's earnings (12.3% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: NWLI's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if NWLI's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if NWLI's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if NWLI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has National Western Life Group performed over the past 5 years?

5.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NWLI's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: NWLI's earnings growth over the past year (8.8%) exceeds its 5-year average (5.1% per year).

Earnings vs Industry: NWLI earnings growth over the past year (8.8%) exceeded the Insurance industry 3.1%.


Return on Equity

High ROE: NWLI's Return on Equity (6.4%) is considered low.


Return on Assets

ROA vs Industry: NWLI's Return on Assets is below or equal to the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: NWLI has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is National Western Life Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: NWLI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NWLI's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: NWLI's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if NWLI has a sufficient allowance for bad loans.

Low Risk Liabilities: NWLI reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if NWLI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: NWLI has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if NWLI has an appropriate level of bad loans.


Next Steps

Dividend

What is National Western Life Group's current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

company0.1%marketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NWLI's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: NWLI's dividend (0.14%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: NWLI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: NWLI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NWLI is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NWLI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of National Western Life Group's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Ross Moody (57yo)

4.3yrs

Tenure

US$4,144,909

Compensation

Mr. Ross Rankin Moody has been the President of National Western Life Group, Inc. since 1992 and Chief Executive Officer since 2015. Mr. Moody is Chairman of the Board and Chief Executive Officer at Nation ...


CEO Compensation Analysis

Compensation vs. Market: Ross's total compensation ($USD4.14M) is about average for companies of similar size in the US market ($USD2.70M).

Compensation vs Earnings: Ross's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: NWLI's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

15.8yrs

Average Tenure

68yo

Average Age

Experienced Board: NWLI's board of directors are seasoned and experienced ( 15.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ross Moody (57yo)

    Chairman

    • Tenure: 4.3yrs
    • Compensation: US$4.14m
  • Brian Pribyl (61yo)

    Senior VP

    • Tenure: 18.8yrs
    • Compensation: US$484.60k
  • Chad Tope (51yo)

    Executive VP & Chief Marketing Officer

    • Tenure: 0.3yrs
  • Rey Perez (46yo)

    Senior VP

    • Tenure: 4.7yrs
  • Patrick Johnson

    Vice President of Human Resources

    • Tenure: 0yrs
  • James Ryan

    Senior VP & Head of Sales

    • Tenure: 0.2yrs

Board Members

  • Robert Moody (83yo)

    Chairman Emeritus

    • Tenure: 3.6yrs
    • Compensation: US$182.13k
  • Ross Moody (57yo)

    Chairman

    • Tenure: 4.3yrs
    • Compensation: US$4.14m
  • Charles Milos (74yo)

    Director

    • Tenure: 38.3yrs
    • Compensation: US$663.57k
  • Erle McLeod (78yo)

    Director

    • Tenure: 40.3yrs
    • Compensation: US$147.60k
  • Frances Moody-Dahlberg (49yo)

    Director

    • Tenure: 29.3yrs
    • Compensation: US$171.70k
  • Russell Moody (58yo)

    Advisory Director

    • Tenure: 0yrs
    • Compensation: US$104.54k
  • Jere Pederson (72yo)

    Director

    • Tenure: 27.3yrs
    • Compensation: US$172.26k
  • Stephen Glasgow (57yo)

    Director

    • Tenure: 15.8yrs
    • Compensation: US$241.45k
  • Ann Moody (81yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: US$178.41k
  • Thomas Blackwell (64yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$115.19k

Company Information

National Western Life Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: National Western Life Group, Inc.
  • Ticker: NWLI
  • Exchange: NasdaqGS
  • Founded: 1956
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: US$957.037m
  • Shares outstanding: 3.64m
  • Website: https://www.nwlgi.com

Number of Employees


Location

  • National Western Life Group, Inc.
  • Building 3
  • 10801 North Mopac Expressway
  • Austin
  • Texas
  • 78759
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NWLINasdaqGS (Nasdaq Global Select)YesNew Class A Common StockUSUSDJan 1969

Biography

National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Li ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:39
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.