American Equity Investment Life Holding Company (AEL)
Total Valuation
AEL has a market cap or net worth of $4.41 billion. The enterprise value is -$4.91 billion.
| Market Cap | 4.41B |
| Enterprise Value | -4.91B |
Important Dates
The next estimated earnings date is Thursday, February 15, 2024, after market close.
| Earnings Date | Feb 15, 2024 |
| Ex-Dividend Date | Nov 25, 2022 |
Share Statistics
AEL has 79.02 million shares outstanding. The number of shares has decreased by -10.66% in one year.
| Shares Outstanding | 79.02M |
| Shares Change (YoY) | -10.66% |
| Shares Change (QoQ) | +0.46% |
| Owned by Insiders (%) | 1.15% |
| Owned by Institutions (%) | 95.63% |
| Float | 61.70M |
Valuation Ratios
The trailing PE ratio is 6.89 and the forward PE ratio is 7.72. AEL's PEG ratio is 1.14.
| PE Ratio | 6.89 |
| Forward PE | 7.72 |
| PS Ratio | 1.81 |
| Forward PS | 1.87 |
| PB Ratio | 2.15 |
| P/FCF Ratio | 1.25 |
| PEG Ratio | 1.14 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 0.98 |
| Debt / FCF | 0.25 |
| Interest Coverage | 17.66 |
Financial Efficiency
Return on equity (ROE) is 25.60% and return on invested capital (ROIC) is 37.66%.
| Return on Equity (ROE) | 25.60% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 37.66% |
| Revenue Per Employee | $2.90M |
| Profits Per Employee | $730,227 |
| Employee Count | 840 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AEL has paid $172.86 million in taxes.
| Income Tax | 172.86M |
| Effective Tax Rate | 21.99% |
Stock Price Statistics
The stock price has increased by +21.09% in the last 52 weeks. The beta is 0.89, so AEL's price volatility has been lower than the market average.
| Beta (1Y) | 0.89 |
| 52-Week Price Change | +21.09% |
| 50-Day Moving Average | 54.58 |
| 200-Day Moving Average | 48.56 |
| Relative Strength Index (RSI) | 63.03 |
| Average Volume (30 Days) | 567,019 |
Short Selling Information
The latest short interest is 1.73 million, so 2.19% of the outstanding shares have been sold short.
| Short Interest | 1.73M |
| Short Previous Month | 1.80M |
| Short % of Shares Out | 2.19% |
| Short % of Float | 2.80% |
| Short Ratio (days to cover) | 3.12 |
Income Statement
In the last 12 months, AEL had revenue of $2.44 billion and earned $613.39 million in profits. Earnings per share was $8.10.
| Revenue | 2.44B |
| Gross Profit | 2.14B |
| Operating Income | 1.39B |
| Pretax Income | 829.92M |
| Net Income | 613.39M |
| EBITDA | 887.16M |
| EBIT | 879.75M |
| Earnings Per Share (EPS) | $8.10 |
Balance Sheet
The company has $10.19 billion in cash and $866.12 million in debt, giving a net cash position of $9.32 billion or $117.97 per share.
| Cash & Cash Equivalents | 10.19B |
| Total Debt | 866.12M |
| Net Cash | 9.32B |
| Net Cash Per Share | $117.97 |
| Equity / Book Value | 2.05B |
| Book Value Per Share | 25.99 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $3.95 billion and capital expenditures -$415.48 million, giving a free cash flow of $3.53 billion.
| Operating Cash Flow | 3.95B |
| Capital Expenditures | -415.48M |
| Free Cash Flow | 3.53B |
| FCF Per Share | $45.13 |
Margins
Gross margin is 87.77%, with operating and profit margins of 57.03% and 25.19%.
| Gross Margin | 87.77% |
| Operating Margin | 57.03% |
| Pretax Margin | 34.08% |
| Profit Margin | 25.19% |
| EBITDA Margin | 36.43% |
| EBIT Margin | 36.12% |
| FCF Margin | 145.08% |
Dividends & Yields
This stock pays an annual dividend of $0.36, which amounts to a dividend yield of 0.65%.
| Dividend Per Share | $0.36 |
| Dividend Yield | 0.65% |
| Earnings Yield | 13.91% |
| FCF Yield | 80.13% |
| Dividend Growth (YoY) | 5.88% |
| Payout Ratio | 4.44% |
| Buyback Yield | 10.66% |
| Shareholder Yield | 11.30% |
Analyst Forecast
The average price target for AEL is $47.29, which is -15.25% lower than the current price. The consensus rating is "Hold".
| Price Target | $47.29 |
| Price Target Difference | -15.25% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 18.15% |
| EPS Growth Forecast (5Y) | -13.43% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 7 |