Globe Life Inc

FRA : TMJ
USA·Financial Services·Insurance
€148.40
−1.00 (−0.81%)Oct 16 close
Market Cap
€11.67B
Enterprise Value
€13.81B
P/E (TTM)
10.18
P/B
1.91
Net Cash / (Debt)
—
52-Week Range
€111 — €161
5-Year Range
€45 — €161
Avg Volume (3M)
1
ListingsFRANYSE

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

Employees3,732IPOOct 26, 2009SIC6311HQ7677 Henneman Way, McKinney, TX, USA, 75070
to

Financials (EUR)

Profitability

Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
26.4%
Net Margin
19.4%
OCF Margin
—
FCF Margin
21.1%
Returns on Capital
ROE
20.9%
ROA
3.9%
ROIC
4.5%
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
7.1%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
10.18
Forward P/E
9.49
P/E ex-NRI
10.14
Shiller P/E (CAPE)
13.97
Cash Flow Multiples
P/FCF
9.45
P/OCF
8.48
P/Owner Earnings
10.57
FCF Yield
11.19%
Enterprise Value Multiples
EV / EBIT
8.67
EV / Forward EBIT
—
EV / EBITDA
8.67
EV / Forward EBITDA
—
EV / Revenue
2.29
EV / Forward Revenue
2.16
Asset / Sales
P/S
1.97
P/B
1.91
P/Tangible Book
2.06
Growth-Adjusted
PEG
0.76

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
0.75%
Forward Dividend Yield
0.90%
3Y Dividend Growth
9.2%
Payout Ratio
0.08
5Y Yield on Cost
1.07%
Buybacks & Dilution
3Y Buyback Ratio
6.30%
5Y Share Change
−22.4%
Combined
Shareholder Yield
5.33%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
0.44
Gross Debt / EBITDA
1.66
Cash / Debt
0.06
Equity / Assets
0.19
Coverage
Interest Coverage
11.00
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
9
Altman Z-Score
—

5-Step DuPont Analysis

ROE %
19.90%
Net Margin %
19.31%
Operating Margin %
—
Operating Income
—
÷
Revenue
€5.24B
×
Tax Burden
0.8083
Net Income
€1.01B
÷
Pretax Income
€1.25B
×
Interest Burden
—
Pretax Income
€1.25B
÷
Operating Income
—
×
Asset Turnover
0.19
Revenue
€5.24B
÷
Average Total Assets
€27.04B
Begin Total Assets
€27.77B
End Total Assets
€26.32B
×
Equity Multiplier
5.32
Avg Total Assets
€27.04B
÷
Avg Stockholders Equity
€5.08B
Begin Equity
€5.07B
End Equity
€5.10B