Vericity Inc
F:2TE
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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Price/Premiums
Price to Premiums ratio compares an insurance company`s market value to the total premiums it earns. It shows how much investors are willing to pay for each dollar of premiums written by the insurer.
Price to Premiums ratio compares an insurance company`s market value to the total premiums it earns. It shows how much investors are willing to pay for each dollar of premiums written by the insurer.
Valuation Scenarios
If Price/Premiums returns to its 3-Year Average (1), the stock would be worth €8.87 (6% downside from current price).
| Scenario | Price/Premiums Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1 | €9.45 |
0%
|
| 3-Year Average | 1 | €8.87 |
-6%
|
| 5-Year Average | 0.9 | €8.61 |
-9%
|
| Industry Average | 1.4 | €12.93 |
+37%
|
| Country Average | 1.4 | €12.72 |
+35%
|
Forward Price/Premiums
Today’s price vs future gross premiums earned
Peer Comparison
| Market Cap | Price/Premiums | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Vericity Inc
F:2TE
|
140.6m EUR | 1 | -12.2 | |
| ZA |
S
|
Sanlam Ltd
JSE:SLM
|
180.5B ZAR | 1.5 | 11.3 | |
| ZA |
D
|
Discovery Ltd
JSE:DSY
|
178.5B ZAR | 2.1 | 16.6 | |
| CN |
|
Ping An Insurance Group Co of China Ltd
SSE:601318
|
1T CNY | 1.6 | 7.7 | |
| CN |
|
China Life Insurance Co Ltd
SSE:601628
|
1T CNY | 4.6 | 6.8 | |
| ZA |
O
|
OUTsurance Group Ltd
JSE:OUT
|
112.7B ZAR | 2.8 | 22.6 | |
| HK |
|
AIA Group Ltd
HKEX:1299
|
858.9B HKD | 5 | 17.5 | |
| CA |
|
Manulife Financial Corp
TSX:MFC
|
88.8B CAD | 2.5 | 16.9 | |
| ZA |
O
|
Old Mutual Ltd
JSE:OMU
|
63.3B ZAR | 0.7 | 7.5 | |
| US |
|
Aflac Inc
NYSE:AFL
|
59.5B USD | 4.4 | 16.3 | |
| IN |
|
Life Insurance Corporation Of India
NSE:LICI
|
5.1T INR | 1 | 9.7 |
Market Distribution
| Min | 0.3 |
| 30th Percentile | 1 |
| Median | 1.4 |
| 70th Percentile | 2.1 |
| Max | 45.9 |
Other Multiples
Vericity Inc
Glance View
Vericity, Inc. provides life insurance services. The company is headquartered in Chicago, Illinois and currently employs 469 full-time employees. The company went IPO on 2019-08-08. (Efinancial). The firm operates through three segments: Agency, Insurance and Corporate. Its Agency segment operates through Efinancial. Efinancial sells insurance products through its call center distribution platform and through its independent agents and other marketing organizations. Its Insurance Segment operates through Fidelity Life. Fidelity Life engages in the principal business lines of core life, non-core life, closed block, annuities and assumed life. In its Core Life and Non-Core Life business lines, Fidelity Life offers primarily term life insurance products, and to a lesser extent accidental death and final expense products. Its RAPIDecision life product provides coverage at the point of issue that is a blend of all-cause term life insurance for part of the coverage and accidental death insurance.
