Unum Shares Outstanding vs. Price To Earning

UNM Stock  USD 73.60  0.68  0.93%   
Taking into consideration Unum's profitability measurements, Unum's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Unum's ability to earn profits and add value for shareholders. At this time, Unum's Price To Sales Ratio is very stable compared to the past year. As of the 12th of December 2024, Days Sales Outstanding is likely to grow to 276.19, while Sales General And Administrative To Revenue is likely to drop 0.06. At this time, Unum's Operating Income is very stable compared to the past year. As of the 12th of December 2024, Net Income is likely to grow to about 1.3 B, while Income Tax Expense is likely to drop about 197.1 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.760.9635
Significantly Down
Slightly volatile
Net Profit Margin0.110.1037
Notably Up
Slightly volatile
Operating Profit Margin0.120.1559
Significantly Down
Very volatile
Pretax Profit Margin0.190.1324
Way Up
Slightly volatile
Return On Assets0.01410.0203
Way Down
Slightly volatile
Return On Equity0.120.133
Moderately Down
Slightly volatile
For Unum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unum Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unum Group over time as well as its relative position and ranking within its peers.
  

Unum's Revenue Breakdown by Earning Segment

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Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unum. If investors know Unum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.392
Dividend Share
1.57
Earnings Share
9.21
Revenue Per Share
67.014
Quarterly Revenue Growth
0.04
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unum's market value can be influenced by many factors that don't directly affect Unum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Unum Group Price To Earning vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Unum's current stock value. Our valuation model uses many indicators to compare Unum value to that of its competitors to determine the firm's financial worth.
Unum Group is rated below average in shares outstanding category among its peers. It is rated below average in price to earning category among its peers . The ratio of Shares Outstanding to Price To Earning for Unum Group is about  25,792,655 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Unum by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Unum Price To Earning vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Unum

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
182.61 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Unum

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
7.08 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Unum Price To Earning Comparison

Unum is currently under evaluation in price to earning category among its peers.

Unum Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Unum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unum will eventually generate negative long term returns. The profitability progress is the general direction of Unum's change in net profit over the period of time. It can combine multiple indicators of Unum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-3.3 B-3.1 B
Operating Income1.9 BB
Net Income1.3 B1.3 B
Income Tax Expense356.3 M197.1 M
Income Before Tax1.6 BB
Total Other Income Expense Net-290.4 M-304.9 M
Net Income Applicable To Common Shares1.5 B795.4 M
Net Income From Continuing Ops1.1 B1.1 B
Interest Income216.8 M190.5 M
Net Interest Income-192.8 M-202.4 M
Change To Netincome59.3 M62.3 M
Net Income Per Share 6.53  6.85 
Income Quality 0.94  0.89 
Net Income Per E B T 0.78  0.51 

Unum Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Unum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Unum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Unum's important profitability drivers and their relationship over time.

Use Unum in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Unum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Unum will appreciate offsetting losses from the drop in the long position's value.

Unum Pair Trading

Unum Group Pair Trading Analysis

The ability to find closely correlated positions to Unum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Unum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Unum Group to buy it.
The correlation of Unum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Unum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unum Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Unum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Unum position

In addition to having Unum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Materials ETFs
Materials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
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You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project Unum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Unum Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Unum's income statement, its balance sheet, and the statement of cash flows.
Potential Unum investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Unum investors may work on each financial statement separately, they are all related. The changes in Unum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Unum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.