AEL Intrinsic Value Calculation – KBC Group NV Decreases Stake in American Equity Investment Life Holding
August 13, 2023
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KBC Group NV recently has decreased their stake in American Equity Investment ($NYSE:AEL) Life Holding Company. American Equity Investment Life Holding Company is a leading provider of annuity and insurance products to individuals and groups. It is a holding company that serves as the parent company of subsidiaries which focus on life insurance, annuities, and other related products.
Its subsidiaries include American Equity Investment Life Insurance Company, Eagle Life Insurance Company, and AEL Financial LLC. The company is based in West Des Moines, Iowa, and has offices in New York, Chicago, and Los Angeles.
Market Price
The stock opened the trading day at $53.7 and closed at $53.3, representing a 0.8% decline from the previous closing price. With a diverse portfolio of products and services, the company is well-positioned to capitalize on changing market trends for years to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AEL. More…
| Total Revenues | Net Income | Net Margin |
| 1.92k | 449.83 | 25.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AEL. More…
| Operations | Investing | Financing |
| 2.81k | -2.45k | -2.18k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AEL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 77.65k | 75.05k | 32.95 |
Key Ratios Snapshot
Some of the financial key ratios for AEL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.3% | – | 58.8% |
| FCF Margin | ROE | ROA |
| 144.1% | 27.2% | 0.9% |
Analysis – AEL Intrinsic Value Calculation
Our proprietary Valuation Line revealed that the intrinsic value of AMERICAN EQUITY INVESTMENT LIFE HOLDING share is around $37.5. However, from the market standpoint, the AMERICAN EQUITY INVESTMENT LIFE HOLDING stock is currently traded at $53.3, indicating that the stock is currently overvalued by an astounding 42.1%. More…
Peers
The company’s products include fixed index annuities, fixed rate annuities, and variable annuities. American Equity Investment Life Holding Co operates through two segments: Life Insurance and Annuities. The Life Insurance segment provides whole life insurance, term life insurance, and universal life insurance products. The Annuities segment provides fixed and variable annuity products. American Equity Investment Life Holding Co has a market capitalization of $3.6 billion. The company’s competitors include Genworth Financial Inc, T&D Holdings Inc, and Midwest Holding Inc.
– Genworth Financial Inc ($NYSE:GNW)
With a market cap of $2.24B as of 2022, Genworth Financial Inc has a ROE of 6.09%. The company is a financial services organization that offers a variety of products and services, including life insurance, long-term care insurance, mortgage insurance, and annuities. Genworth has a long history dating back to 1871 and is a Fortune 500 company. The company’s products are sold in more than 25 countries and territories. Genworth is committed to helping families secure their financial future and live their best lives.
– T&D Holdings Inc ($TSE:8795)
T&D Holdings Inc is a Japanese electrical equipment manufacturer. The company operates in three segments: Transmission and Distribution Systems, Power Systems, and Smart Community Systems. The Transmission and Distribution Systems segment offers power transmission and distribution equipment, including transformers, circuit breakers, and switchgear. The Power Systems segment provides power generation equipment, such as gas turbines, diesel generators, and fuel cells. The Smart Community Systems segment offers smart grid technologies and solutions, including smart meters, demand response management systems, and energy storage systems.
– Midwest Holding Inc ($NASDAQ:MDWT)
Midwest Holding Inc is a financial holding company that operates through its subsidiaries. The company has a market cap of 53.97M as of 2022 and a Return on Equity of -16.6%. The company provides a range of banking and financial services to its customers. These services include personal and commercial banking, lending, wealth management, and insurance. The company serves its customers through a network of branches and ATMs located in Illinois, Indiana, and Michigan.
Summary
KBC Group NV has recently reduced its position in American Equity Investment Life Holding, a leading provider of life insurance and annuity products. The company’s investment strategy has been to hold a diversified portfolio of U.S. stocks and bonds. The reduced position reflects KBC Group’s revised outlook on the future of the industry. Analysts are expecting earnings growth from American Equity Investment Life Holding due to its strong presence in the life insurance and annuity market.
It is believed that the company will continue to be a leading provider of these products in the future, as well as gaining a higher market share. Investors should keep an eye on American Equity Investment Life Holding, as it is expected to make strong returns in the future.
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