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AFL

Aflac NYSE:AFL Stock Report

Last Price

US$57.80

Market Cap

US$36.8b

7D

2.6%

1Y

2.8%

Updated

25 May, 2022

Data

Company Financials +
AFL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends5/6

AFL Stock Overview

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products.

Aflac Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Aflac
Historical stock prices
Current Share PriceUS$57.80
52 Week HighUS$67.20
52 Week LowUS$51.28
Beta0.96
1 Month Change-7.37%
3 Month Change-3.05%
1 Year Change2.76%
3 Year Change12.39%
5 Year Change53.36%
Change since IPO4,819.15%

Recent News & Updates

Apr 30
Results: Aflac Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

Results: Aflac Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

A week ago, Aflac Incorporated ( NYSE:AFL ) came out with a strong set of first-quarter numbers that could potentially...

Shareholder Returns

AFLUS InsuranceUS Market
7D2.6%-2.2%-4.0%
1Y2.8%2.5%-13.2%

Return vs Industry: AFL matched the US Insurance industry which returned 2.5% over the past year.

Return vs Market: AFL exceeded the US Market which returned -13.2% over the past year.

Price Volatility

Is AFL's price volatile compared to industry and market?
AFL volatility
AFL Average Weekly Movement3.6%
Insurance Industry Average Movement5.0%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: AFL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AFL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195512,447Dan Amoshttps://www.aflac.com

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care income support, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.

Aflac Fundamentals Summary

How do Aflac's earnings and revenue compare to its market cap?
AFL fundamental statistics
Market CapUS$36.77b
Earnings (TTM)US$4.06b
Revenue (TTM)US$21.51b

9.2x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFL income statement (TTM)
RevenueUS$21.51b
Cost of RevenueUS$12.74b
Gross ProfitUS$8.77b
Other ExpensesUS$4.71b
EarningsUS$4.06b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.31
Gross Margin40.77%
Net Profit Margin18.89%
Debt/Equity Ratio34.0%

How did AFL perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Aflac undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AFL ($57.8) is trading below our estimate of fair value ($123.39)

Significantly Below Fair Value: AFL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AFL is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US Insurance industry average (11.1x).

PE vs Market: AFL is good value based on its Price-To-Earnings Ratio (9.2x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: AFL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AFL is overvalued based on its Price-To-Book Ratio (1.3x) compared to the US Insurance industry average (1x).


Future Growth

How is Aflac forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AFL's earnings are forecast to decline over the next 3 years (-0.9% per year).

Earnings vs Market: AFL's earnings are forecast to decline over the next 3 years (-0.9% per year).

High Growth Earnings: AFL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AFL's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: AFL's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AFL's Return on Equity is forecast to be low in 3 years time (11.5%).


Past Performance

How has Aflac performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AFL has high quality earnings.

Growing Profit Margin: AFL's current net profit margins (18.9%) are lower than last year (24.1%).


Past Earnings Growth Analysis

Earnings Trend: AFL's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: AFL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AFL had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Insurance industry average (-2.6%).


Return on Equity

High ROE: AFL's Return on Equity (13.8%) is considered low.


Financial Health

How is Aflac's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AFL's short term assets ($9.4B) do not cover its short term liabilities ($14.7B).

Long Term Liabilities: AFL's short term assets ($9.4B) do not cover its long term liabilities ($102.9B).


Debt to Equity History and Analysis

Debt Level: AFL's net debt to equity ratio (13.6%) is considered satisfactory.

Reducing Debt: AFL's debt to equity ratio has increased from 32.9% to 34% over the past 5 years.

Debt Coverage: AFL's debt is well covered by operating cash flow (49.2%).

Interest Coverage: AFL's interest payments on its debt are well covered by EBIT (22.5x coverage).


Balance Sheet


Dividend

What is Aflac current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.77%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AFL's dividend (2.77%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: AFL's dividend (2.77%) is low compared to the top 25% of dividend payers in the US market (4.06%).


Stability and Growth of Payments

Stable Dividend: AFL's dividends per share have been stable in the past 10 years.

Growing Dividend: AFL's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.7%), AFL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.8%), AFL's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Dan Amos (69 yo)

32.33yrs

Tenure

US$15,728,233

Compensation

Mr. Daniel Paul Amos, also known as Dan, has been Chief Executive Officer of Aflac Incorporated and Aflac since 1990. He has been Chairman of Aflac Incorporated since 2001 and also has been its Director si...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD15.73M) is about average for companies of similar size in the US market ($USD13.26M).

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


Leadership Team

Experienced Management: AFL's management team is seasoned and experienced (8 years average tenure).


Board Members

Experienced Board: AFL's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AFL insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Aflac Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Aflac Incorporated
  • Ticker: AFL
  • Exchange: NYSE
  • Founded: 1955
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Implied Market Cap: US$36.769b
  • Shares outstanding: 644.16m
  • Website: https://www.aflac.com

Number of Employees


Location

  • Aflac Incorporated
  • 1932 Wynnton Road
  • Columbus
  • Georgia
  • 31999
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.