AXA Equitable Holdings, Inc. provides various financial services worldwide. It operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products, which are primarily sold to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to a range of clients; and distributes its institutional research products and solutions. The Protection Solutions segment provides a range of universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was founded in 1859 and is based in New York, New York. AXA Equitable Holdings, Inc. is a subsidiary of AXA S.A.
EQH 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 Equitable Holdings Inc. To summarize, we found that Equitable Holdings Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. As for the metrics that stood out in our discounted cash flow analysis of Equitable Holdings Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is -1.23 -- which is good for besting just 11.97% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
Its compound free cash flow growth rate, as measured over the past 2.52 years, is -0.8% -- higher than only 0.7% of stocks in our DCF forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HRZN, ASPS, TURN, FSK, and EZPW can be thought of as valuation peers to EQH, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
A couple of weeks ago, Equitable Holdings (EQH) issued its third preferred share series, also known as Series C (EQH-PC). The preferred shares, Series C 4.30% Non-Cumulative, raised approximately $292 million in new cash and equity for the insurance company. While the dividend yield is lower than the A series...
We at Insider Monkey have gone over 817 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Equitable Holdings, Inc. (NYSE:EQH) based on that […]