Allstate Financial Statements From 2010 to 2024
ALS Stock | EUR 196.30 0.75 0.38% |
Check Allstate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allstate's main balance sheet or income statement drivers, such as , as well as many indicators such as . Allstate financial statements analysis is a perfect complement when working with Allstate Valuation or Volatility modules.
Allstate |
The Allstate Company Current Valuation Analysis
Allstate's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Allstate Current Valuation | 39.5 B |
Most of Allstate's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Allstate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, The Allstate has a Current Valuation of 39.5 B. This is 20.35% higher than that of the Financial Services sector and 232.53% higher than that of the Insurance - Property & Casualty industry. The current valuation for all Germany stocks is 137.6% lower than that of the firm.
Allstate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allstate's current stock value. Our valuation model uses many indicators to compare Allstate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allstate competition to find correlations between indicators driving Allstate's intrinsic value. More Info.The Allstate is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allstate's earnings, one of the primary drivers of an investment's value.About Allstate Financial Statements
Allstate stakeholders use historical fundamental indicators, such as Allstate's revenue or net income, to determine how well the company is positioned to perform in the future. Although Allstate investors may analyze each financial statement separately, they are all interrelated. For example, changes in Allstate's assets and liabilities are reflected in the revenues and expenses on Allstate's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Allstate. Please read more on our technical analysis and fundamental analysis pages.
The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois. ALLSTATE CORP operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 45140 people.
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Additional Information and Resources on Investing in Allstate Stock
When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports:Check out the analysis of Allstate Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.