Loews Corporation
Find Ratings ReportsLOEWS CORP's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its subsector this quarter as compared to the same quarter a year ago.
During the same period, stockholders' equity ("net worth") has increased by 7.57% from the same quarter last year.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 4192.0 | 3794.0 |
EBITDA ($mil) | 783.0 | 646.0 |
EBIT ($mil) | 659.0 | 532.0 |
Net Income ($mil) | 446.0 | 355.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 6087.0 | 6457.0 |
Total Assets ($mil) | 79197.0 | 75494.0 |
Total Debt ($mil) | 9387.0 | 9416.0 |
Equity ($mil) | 15704.0 | 14598.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 18.68 | 17.03 |
EBITDA Margin | 18.67 | 17.02 |
Operating Margin | 15.72 | 14.02 |
Sales Turnover | 0.2 | 0.19 |
Return on Assets | 1.81 | 1.08 |
Return on Equity | 9.13 | 5.63 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.37 | 0.39 |
Interest Expense | 96.0 | 94.0 |
Interest Coverage | 6.86 | 5.66 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 222.17 | 235.96 |
Div / share | 0.06 | 0.06 |
EPS | 1.99 | 1.49 |
Book value / share | 70.69 | 61.87 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 800723.0 | 905558.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 21.84 for the Insurance Carriers and Related Activities subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 1.08 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 3.52. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, LOEWS CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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L 12.07 | Peers 21.84 | L 4.32 | Peers 13.60 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. L is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. L is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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L NA | Peers 14.42 | L NA | Peers 0.87 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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L 1.08 | Peers 3.52 | L 86.94 | Peers 95.58 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. L is trading at a significant discount to its peers. |
Average. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. L is expected to keep pace with its peers on the basis of earnings growth. |
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Price/Sales |
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Sales Growth |
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L 1.08 | Peers 1.96 | L 11.58 | Peers 37.25 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. L is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. L significantly trails its peers on the basis of sales growth. |
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