Aflac Incorporated (AFL)
Total Valuation
Aflac has a market cap or net worth of $48.21 billion. The enterprise value is $49.67 billion.
| Market Cap | 48.21B |
| Enterprise Value | 49.67B |
Important Dates
The next confirmed earnings date is Wednesday, January 31, 2024, after market close.
| Earnings Date | Jan 31, 2024 |
| Ex-Dividend Date | Feb 20, 2024 |
Share Statistics
Aflac has 584.38 million shares outstanding. The number of shares has decreased by -6.07% in one year.
| Shares Outstanding | 584.38M |
| Shares Change (YoY) | -6.07% |
| Shares Change (QoQ) | -1.55% |
| Owned by Insiders (%) | 9.73% |
| Owned by Institutions (%) | 60.89% |
| Float | 579.62M |
Valuation Ratios
The trailing PE ratio is 10.81 and the forward PE ratio is 13.09. Aflac's PEG ratio is 0.93.
| PE Ratio | 10.81 |
| Forward PE | 13.09 |
| PS Ratio | 2.55 |
| Forward PS | 2.67 |
| PB Ratio | 2.13 |
| P/FCF Ratio | 14.22 |
| PEG Ratio | 0.93 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.72, with an EV/FCF ratio of 14.65.
| EV / Earnings | 10.85 |
| EV / Sales | 2.62 |
| EV / EBITDA | 8.72 |
| EV / EBIT | 8.72 |
| EV / FCF | 14.65 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.31 |
| Debt / EBITDA | 1.22 |
| Debt / FCF | 2.05 |
| Interest Coverage | 28.07 |
Financial Efficiency
Return on equity (ROE) is 22.00% and return on invested capital (ROIC) is 16.01%.
| Return on Equity (ROE) | 22.00% |
| Return on Assets (ROA) | 3.50% |
| Return on Capital (ROIC) | 16.01% |
| Revenue Per Employee | $1.47M |
| Profits Per Employee | $355,224 |
| Employee Count | 12,882 |
| Asset Turnover | 0.15 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Aflac has paid $920.00 million in taxes.
| Income Tax | 920.00M |
| Effective Tax Rate | 16.74% |
Stock Price Statistics
The stock price has increased by +14.46% in the last 52 weeks. The beta is 0.88, so Aflac's price volatility has been lower than the market average.
| Beta (1Y) | 0.88 |
| 52-Week Price Change | +14.46% |
| 50-Day Moving Average | 81.10 |
| 200-Day Moving Average | 73.32 |
| Relative Strength Index (RSI) | 54.61 |
| Average Volume (30 Days) | 2,404,290 |
Short Selling Information
The latest short interest is 11.08 million, so 1.90% of the outstanding shares have been sold short.
| Short Interest | 11.08M |
| Short Previous Month | 11.34M |
| Short % of Shares Out | 1.90% |
| Short % of Float | 1.91% |
| Short Ratio (days to cover) | 4.31 |
Income Statement
In the last 12 months, Aflac had revenue of $18.93 billion and earned $4.58 billion in profits. Earnings per share was $7.63.
| Revenue | 18.93B |
| Gross Profit | 10.80B |
| Operating Income | 5.70B |
| Pretax Income | 5.50B |
| Net Income | 4.58B |
| EBITDA | 5.70B |
| EBIT | 5.70B |
| Earnings Per Share (EPS) | $7.63 |
Balance Sheet
The company has $5.50 billion in cash and $6.96 billion in debt, giving a net cash position of -$1.46 billion or -$2.50 per share.
| Cash & Cash Equivalents | 5.50B |
| Total Debt | 6.96B |
| Net Cash | -1.46B |
| Net Cash Per Share | -$2.50 |
| Equity / Book Value | 22.67B |
| Book Value Per Share | 38.79 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 3.39B |
| Capital Expenditures | n/a |
| Free Cash Flow | 3.39B |
| FCF Per Share | $5.73 |
Margins
Gross margin is 57.03%, with operating and profit margins of 30.10% and 24.17%.
| Gross Margin | 57.03% |
| Operating Margin | 30.10% |
| Pretax Margin | 29.03% |
| Profit Margin | 24.17% |
| EBITDA Margin | 30.10% |
| EBIT Margin | 30.10% |
| FCF Margin | 17.91% |
Dividends & Yields
This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 2.42%.
| Dividend Per Share | $2.00 |
| Dividend Yield | 2.42% |
| Earnings Yield | 9.49% |
| FCF Yield | 7.03% |
| Dividend Growth (YoY) | 8.64% |
| Payout Ratio | 26.21% |
| Buyback Yield | 6.07% |
| Shareholder Yield | 8.49% |
Analyst Forecast
The average price target for Aflac is $78.00, which is -5.45% lower than the current price. The consensus rating is "Hold".
| Price Target | $78.00 |
| Price Target Difference | -5.45% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | -1.44% |
| EPS Growth Forecast (5Y) | 2.13% |
Stock Splits
The last stock split was on March 19, 2018. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 19, 2018 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |