Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. Its auto, homeowners, and other personal property and casualty products are mostly sold in the U.S. The company was founded in 1931 and is based in Northbrook, Illinois.
ALL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Allstate Corp. To summarize, we found that Allstate Corp ranked in the 69th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 194% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for ALL, they are:
As a business, ALL is generating more cash flow than 92.35% of positive cash flow stocks in the Financial Services.
Allstate Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 20.67% of tickers in our DCF set.
ALL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 20.67% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Allstate Corp? See SIGI, WRLD, ORI, FNHC, and SG.
Major corporations are laying off thousands of workers as the U.S. heads into fall facing a resurgent pandemic and deepening economic damage.Disney, American Airlines and Allstate are among the prominent companies axing thousands of workers at a…
NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been selected to provide commercial auto coverage to Lyft in California, Iowa, Indiana, Kansas, Kentucky, Missouri, Ohio and West Virginia, effective today, October 1. "Peoples' needs change quickly…