We’ve recently updated our valuation analysis.

Assurant Valuation

Is AIZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AIZ?

Other financial metrics that can be useful for relative valuation.

AIZ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA10.4x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

How does AIZ's PE Ratio compare to its peers?

The above table shows the PE ratio for AIZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.5x
HIG Hartford Financial Services Group
12.5x21.1%US$24.2b
HMN Horace Mann Educators
27.3x58.2%US$1.5b
AIG American International Group
3.3x-18.6%US$45.4b
UNM Unum Group
6.9x0.8%US$8.3b
AIZ Assurant
19.8x33.3%US$6.8b

Price-To-Earnings vs Peers: AIZ is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (12.5x).


Price to Earnings Ratio vs Industry

How does AIZ's PE Ratio compare vs other companies in the US Insurance Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a23.1%
n/an/an/a

Price-To-Earnings vs Industry: AIZ is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the US Insurance industry average (14.4x)


Price to Earnings Ratio vs Fair Ratio

What is AIZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AIZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.8x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: AIZ is good value based on its Price-To-Earnings Ratio (19.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).


Share Price vs Fair Value

What is the Fair Price of AIZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AIZ ($128.49) is trading below our estimate of fair value ($218.9)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AIZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$128.49
US$164.17
+27.8%
7.8%US$180.00US$144.00n/a6
Nov ’23US$134.70
US$184.33
+36.8%
10.5%US$215.00US$155.00n/a6
Oct ’23US$145.27
US$198.00
+36.3%
9.8%US$220.00US$160.00n/a6
Sep ’23US$160.00
US$198.00
+23.8%
9.8%US$220.00US$160.00n/a6
Aug ’23US$174.61
US$206.33
+18.2%
5.6%US$220.00US$185.00n/a6
Jul ’23US$175.00
US$206.33
+17.9%
5.6%US$220.00US$185.00n/a6
Jun ’23US$178.23
US$209.67
+17.6%
3.3%US$220.00US$200.00n/a6
May ’23US$181.88
US$208.00
+14.4%
3.8%US$220.00US$198.00n/a6
Apr ’23US$185.42
US$208.00
+12.2%
3.8%US$220.00US$198.00n/a6
Mar ’23US$165.12
US$196.50
+19.0%
4.4%US$210.00US$183.00n/a6
Feb ’23US$151.25
US$194.17
+28.4%
4.9%US$208.00US$180.00n/a6
Jan ’23US$155.86
US$194.67
+24.9%
4.5%US$208.00US$183.00n/a6
Dec ’22US$149.27
US$194.67
+30.4%
4.5%US$208.00US$183.00n/a6
Nov ’22US$161.45
US$190.50
+18.0%
3.7%US$200.00US$183.00US$134.706
Oct ’22US$159.00
US$191.00
+20.1%
4.2%US$206.00US$183.00US$145.275
Sep ’22US$169.57
US$191.60
+13.0%
4.7%US$209.00US$183.00US$160.005
Aug ’22US$157.81
US$190.80
+20.9%
6.1%US$213.00US$180.00US$174.615
Jul ’22US$156.85
US$189.60
+20.9%
5.0%US$207.00US$180.00US$175.005
Jun ’22US$161.65
US$189.60
+17.3%
5.0%US$207.00US$180.00US$178.235
May ’22US$155.60
US$167.50
+7.6%
7.3%US$185.00US$153.00US$181.884
Apr ’22US$142.30
US$163.75
+15.1%
4.7%US$172.00US$153.00US$185.424
Mar ’22US$126.30
US$163.75
+29.7%
4.7%US$172.00US$153.00US$165.124
Feb ’22US$134.49
US$163.50
+21.6%
5.3%US$172.00US$150.00US$151.254
Jan ’22US$136.22
US$152.75
+12.1%
1.8%US$156.00US$150.00US$155.864
Dec ’21US$131.36
US$152.75
+16.3%
1.8%US$156.00US$150.00US$149.274
Nov ’21US$124.37
US$149.25
+20.0%
3.1%US$156.00US$143.00US$161.454

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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