Aflac Incorporated Stock Intrinsic Value – Handelsbanken Fonder AB Decreases Stake in Aflac Incorporated

January 4, 2024

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Aflac Incorporated ($NYSE:AFL), a major provider of supplemental health and life insurance products for its customers, has seen its holdings reduced by Handelsbanken Fonder AB. Handelsbanken Fonder AB is a Swedish asset management company that specializes in managing mutual funds, pension funds, and other institutional holdings. This divestment of stock comes as the latest move by the asset management company to reallocate its assets. It offers a variety of supplemental health and life insurance products, with its major focus being on accident and disability insurance. Aflac Incorporated’s insurance products are marketed through an exclusive network of independent agents in the United States and Japan.

The company also provides voluntary products to U.S. employers and their employees, helping them reduce their medical costs while providing them with greater financial security. The divestment of Aflac Incorporated’s stock by Handelsbanken Fonder AB serves as an indicator of the asset management company’s current attitude towards the company’s future performance. While this decision does not necessarily reflect poorly on Aflac Incorporated, it does serve as a potential warning sign for investors to further investigate the company before making any decisions about investing in it.

Share Price

On Tuesday, Aflac Incorporated (AFLAC) saw its stock prices increase by 0.9% from the prior closing price of 82.5, opening at $82.6 and closing at $83.3. It is unclear why Handelsbanken Fonder AB decreased their stake in AFLAC, but the company’s overall performance over the last year has been impressive. With a solid financial outlook and a flexible business model, AFLAC looks poised to continue its growth in the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Aflac Incorporated. More…

    Total Revenues Net Income Net Margin
    19.3k 4.37k 22.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Aflac Incorporated. More…

    Operations Investing Financing
    3.39k 1.54k -4.23k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Aflac Incorporated. More…

    Total Assets Total Liabilities Book Value Per Share
    125.11k 102.44k 38.79
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Aflac Incorporated are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    -3.8% 28.2%
    FCF Margin ROE ROA
    17.6% 15.8% 2.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Aflac Incorporated Stock Intrinsic Value

    At GoodWhale, we’ve been analyzing the financials of AFLAC INCORPORATED and have concluded that the company’s fair value is around $71.5, according to our proprietary Valuation Line. Our valuation takes into account factors such as current and future cash flow, debt, and equity. This fair price is 16.5% higher than the current trading price of $83.3. We believe that AFLAC INCORPORATED is currently overvalued, and investors should be cautious when considering an investment in the company. More…

  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    Aflac Inc is one of the leading providers of supplemental insurance in the United States. The company offers a wide range of insurance products, including cancer, critical illness, and Accident insurance. Aflac Inc’s competitors include Pekin Life Insurance Co, PT Asuransi Jiwa Sinarmas MSIG Tbk, FarGlory Life Insurance Co Ltd.

    – Pekin Life Insurance Co ($OTCPK:PKIN)

    Pekin Life Insurance Co is a life insurance company with a market cap of $159.59M as of 2022. The company has a Return on Equity of 24.43%. Pekin Life Insurance Co offers life insurance products and services to individuals and businesses in the United States.

    – PT Asuransi Jiwa Sinarmas MSIG Tbk ($IDX:LIFE)

    Sinarmas MSIG Tbk. is an Indonesia-based company primarily engaged in providing general insurance services. The Company offers various types of general insurance products, including motor vehicle insurance, fire and allied perils insurance, marine cargo insurance, engineering insurance, surety bonds, personal accident insurance, health and life insurance. It also provides other services, such as agency, bancassurance, risk management consultancy and claim administration. The Company’s products are marketed under the brand names of MSIG and ASURANSI SINARMAS. As of December 31, 2011, the Company had a network of approximately 546 marketing offices and 10,000 agents spread across 33 provinces in Indonesia.

    – FarGlory Life Insurance Co Ltd ($TPEX:5859)

    Founded in 1937, FarGlory Life Insurance Company Ltd. is one of the oldest and largest life insurers in China. The company provides a wide range of life insurance products, including whole life, term life, universal life, and annuity products. It also offers health, accident, and long-term care insurance. FarGlory Life has a nationwide network of more than 5,000 branches and over 100,000 agents. The company serves more than 20 million policyholders and had over RMB 1 trillion of life insurance in force as of December 31, 2019.

    Summary

    Aflac Incorporated is an American insurance company that provides supplemental health and life insurance products. Recently, Handelsbanken Fonder AB, a Swedish investment management firm, has reduced its holdings in Aflac. This suggests that the market may be less optimistic about the company’s future. Investors should consider potential risks and analyze Aflac’s financial reports before investing. They should also look at company fundamentals such as earnings growth, dividend payments, and debt levels.

    In addition, they should assess the company’s competitive environment and consider macroeconomic conditions that might affect their decision. Overall, investors should exercise caution and use their own due diligence when formulating an investment strategy in Aflac Incorporated.

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