Allstate Corp
NYSE:ALL
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Allstate Corp
NYSE:ALL
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US |
Intrinsic Value
The intrinsic value of Allstate Corp (ALL) under the Base Case is 300.84 USD per share.
Compared with the current market price of 253.98 USD, the stock appears
Undervalued by 16% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Allstate Does
Allstate is a property and casualty insurer that sells auto, home, renters, and other protection products to consumers and small businesses. It also offers life insurance and retirement-related products through its insurance subsidiaries. The company’s core job is to take on everyday risk for customers in exchange for premiums, then pay claims when covered losses happen.
- Headquarters
- United States of America US
- Employees
- 53 000
- IPO date
- Jun 3, 1993
Allstate has no economic moat
Customers can choose among many insurers offering similar auto and home coverage, and they can compare prices when choosing a policy. Allstate’s size and familiar name do not, by themselves, stop rivals such as State Farm, Progressive, and GEICO from competing for those customers.
Read the full moat analysis
The intrinsic value for Allstate Corp (ALL) under the Base Case is 300.84 USD.
Compared with the current market price of 253.98 USD, the stock appears Undervalued by 16% .