Principal Financial Group, Inc.
Find Ratings Reports
PRINCIPAL FINANCIAL GRP INC's gross profit margin for the fourth quarter of its fiscal year 2020 has significantly increased when compared to the same period a year ago. Even though sales decreased, the net income has increased, representing an increase to the bottom line.
During the same period, stockholders' equity ("net worth") has increased by 13.27% from the same quarter last year.
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Income Statement | Q4 FY20 | Q4 FY19 |
---|---|---|
Net Sales ($mil) | 3765.1 | 4047.2 |
EBITDA ($mil) | 0.0 | 487.1 |
EBIT ($mil) | 668.5 | 424.1 |
Net Income ($mil) | 472.6 | 300.9 |
Balance Sheet | Q4 FY20 | Q4 FY19 |
---|---|---|
Cash & Equiv. ($mil) | 5754.8 | 5345.8 |
Total Assets ($mil) | 296627.7 | 276087.8 |
Total Debt ($mil) | 4645.4 | 4056.8 |
Equity ($mil) | 16558.9 | 14618.0 |
Profitability | Q4 FY20 | Q4 FY19 |
---|---|---|
Gross Profit Margin | 17.76 | 12.04 |
EBITDA Margin | 0.0 | 12.03 |
Operating Margin | 17.76 | 10.48 |
Sales Turnover | 0.05 | 0.06 |
Return on Assets | 0.47 | 0.5 |
Return on Equity | 8.43 | 9.54 |
Debt | Q4 FY20 | Q4 FY19 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.22 | 0.22 |
Interest Expense | 40.9 | 39.1 |
Interest Coverage | 16.34 | 10.85 |
Share Data | Q4 FY20 | Q4 FY19 |
---|---|---|
Shares outstanding (mil) | 273.3 | 276.6 |
Div / share | 0.56 | 0.55 |
EPS | 1.7 | 1.07 |
Book value / share | 60.59 | 52.85 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 1657893.0 | 1536684.0 |
BUY. PRINCIPAL FINANCIAL GRP INC's P/E ratio indicates a significant discount compared to an average of 29.32 for the Securities, Commodity Contracts, Financial Investm subsector and a significant discount compared to the S&P 500 average of 43.53. For additional comparison, its price-to-book ratio of 1.01 indicates a significant discount versus the S&P 500 average of 4.31 and a significant discount versus the subsector average of 2.68. 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, PRINCIPAL FINANCIAL GRP INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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PFG 12.18 | Peers 21.06 | PFG 4.49 | Peers 10.89 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. PFG 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. PFG 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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PFG 9.04 | Peers 15.67 | PFG 0.69 | Peers 1.18 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. PFG is trading at a significant discount to its peers. |
Discount. 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. PFG trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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PFG 1.01 | Peers 2.68 | PFG 1.81 | Peers -44.07 | |||||||||||||||||||||
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. PFG is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. PFG is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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PFG 1.14 | Peers 2.60 | PFG -9.13 | Peers 0.53 | |||||||||||||||||||||
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. PFG 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. PFG significantly trails its peers on the basis of sales growth. |
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