Reinsurance Group Stock Z Score

RGA Stock  USD 192.88  0.39  0.20%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Reinsurance Piotroski F Score and Reinsurance Valuation analysis.
  
At present, Reinsurance's Change In Working Capital is projected to increase significantly based on the last few years of reporting. The current year's Capital Expenditures is expected to grow to about 80.8 M, whereas Capital Surpluse is forecasted to decline to about 2.2 B. At present, Reinsurance's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 19.5 B, whereas Depreciation And Amortization is forecasted to decline to about 39 M.

Reinsurance Z Score Analysis

Reinsurance's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2021 2022 2023 2024 (projected)
Gross Profit15.7B15.2B17.5B18.4B
Total Revenue16.7B16.3B18.6B19.5B

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Reinsurance Z Score

    
  2.06  
Most of Reinsurance's fundamental indicators, such as Z Score, 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, Reinsurance Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Reinsurance Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Reinsurance is extremely important. It helps to project a fair market value of Reinsurance Stock properly, considering its historical fundamentals such as Z Score. Since Reinsurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Reinsurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Reinsurance's interrelated accounts and indicators.
0.61-0.240.980.97-0.150.580.42-0.45-0.30.450.810.95-0.170.8-0.74-0.950.58-0.030.450.880.85-0.420.20.860.790.390.790.10.830.66
0.61-0.110.590.450.00.030.69-0.09-0.550.650.710.46-0.060.71-0.42-0.580.620.030.820.560.47-0.120.610.710.160.360.450.740.37-0.12
-0.24-0.11-0.22-0.30.45-0.12-0.110.190.24-0.360.02-0.37-0.16-0.17-0.150.29-0.460.51-0.14-0.27-0.230.48-0.45-0.26-0.28-0.23-0.31-0.12-0.24-0.15
0.980.59-0.220.96-0.210.590.48-0.38-0.280.490.790.93-0.110.81-0.71-0.970.53-0.080.430.890.82-0.40.190.830.790.420.760.030.780.63
0.970.45-0.30.96-0.210.590.34-0.47-0.250.40.730.95-0.160.73-0.68-0.930.53-0.050.30.860.86-0.460.090.780.820.40.8-0.070.830.77
-0.150.00.45-0.21-0.210.04-0.120.250.38-0.180.19-0.320.05-0.01-0.40.370.030.55-0.05-0.28-0.14-0.27-0.29-0.21-0.33-0.23-0.23-0.03-0.27-0.13
0.580.03-0.120.590.590.04-0.05-0.10.34-0.060.440.60.160.49-0.63-0.540.060.07-0.150.620.59-0.34-0.220.340.740.190.55-0.390.450.64
0.420.69-0.110.480.34-0.12-0.050.18-0.420.950.490.310.150.62-0.16-0.570.4-0.120.590.420.22-0.220.630.440.120.680.230.320.02-0.26
-0.45-0.090.19-0.38-0.470.25-0.10.180.530.01-0.23-0.50.89-0.070.030.36-0.48-0.05-0.2-0.27-0.590.090.11-0.63-0.32-0.06-0.67-0.16-0.83-0.63
-0.3-0.550.24-0.28-0.250.380.34-0.420.53-0.51-0.17-0.260.54-0.08-0.210.35-0.550.01-0.7-0.13-0.27-0.09-0.42-0.60.1-0.47-0.46-0.63-0.40.08
0.450.65-0.360.490.4-0.18-0.060.950.01-0.510.470.360.060.6-0.08-0.590.61-0.20.590.430.28-0.430.650.520.120.690.310.320.13-0.18
0.810.710.020.790.730.190.440.49-0.23-0.170.470.66-0.140.92-0.76-0.740.670.180.320.780.78-0.470.140.780.520.290.610.180.620.39
0.950.46-0.370.930.95-0.320.60.31-0.5-0.260.360.66-0.160.7-0.61-0.920.5-0.070.320.840.83-0.350.260.790.880.350.790.00.840.73
-0.17-0.06-0.16-0.11-0.160.050.160.150.890.540.06-0.14-0.160.09-0.150.09-0.34-0.27-0.150.0-0.39-0.130.17-0.460.01-0.02-0.47-0.24-0.59-0.36
0.80.71-0.170.810.73-0.010.490.62-0.07-0.080.60.920.70.09-0.67-0.820.57-0.070.310.90.74-0.470.340.710.620.40.570.170.520.32
-0.74-0.42-0.15-0.71-0.68-0.4-0.63-0.160.03-0.21-0.08-0.76-0.61-0.15-0.670.57-0.29-0.18-0.21-0.63-0.530.410.08-0.48-0.61-0.01-0.360.09-0.46-0.49
-0.95-0.580.29-0.97-0.930.37-0.54-0.570.360.35-0.59-0.74-0.920.09-0.820.57-0.510.18-0.42-0.91-0.80.35-0.29-0.83-0.79-0.55-0.77-0.07-0.74-0.56
0.580.62-0.460.530.530.030.060.4-0.48-0.550.610.670.5-0.340.57-0.29-0.510.040.460.460.56-0.680.350.760.170.290.540.380.580.19
-0.030.030.51-0.08-0.050.550.07-0.12-0.050.01-0.20.18-0.07-0.27-0.07-0.180.180.04-0.09-0.210.110.05-0.22-0.08-0.270.120.12-0.020.00.07
0.450.82-0.140.430.3-0.05-0.150.59-0.2-0.70.590.320.32-0.150.31-0.21-0.420.46-0.090.270.180.010.610.57-0.010.330.310.760.26-0.21
0.880.56-0.270.890.86-0.280.620.42-0.27-0.130.430.780.840.00.9-0.63-0.910.46-0.210.270.84-0.360.230.740.80.430.720.080.710.56
0.850.47-0.230.820.86-0.140.590.22-0.59-0.270.280.780.83-0.390.74-0.53-0.80.560.110.180.84-0.340.010.810.70.390.940.10.880.75
-0.42-0.120.48-0.4-0.46-0.27-0.34-0.220.09-0.09-0.43-0.47-0.35-0.13-0.470.410.35-0.680.050.01-0.36-0.340.0-0.32-0.25-0.19-0.240.26-0.25-0.3
0.20.61-0.450.190.09-0.29-0.220.630.11-0.420.650.140.260.170.340.08-0.290.35-0.220.610.230.010.00.290.060.360.070.61-0.01-0.39
0.860.71-0.260.830.78-0.210.340.44-0.63-0.60.520.780.79-0.460.71-0.48-0.830.76-0.080.570.740.81-0.320.290.560.340.810.390.860.45
0.790.16-0.280.790.82-0.330.740.12-0.320.10.120.520.880.010.62-0.61-0.790.17-0.27-0.010.80.7-0.250.060.560.170.6-0.280.690.77
0.390.36-0.230.420.4-0.230.190.68-0.06-0.470.690.290.35-0.020.4-0.01-0.550.290.120.330.430.39-0.190.360.340.170.530.110.160.06
0.790.45-0.310.760.8-0.230.550.23-0.67-0.460.310.610.79-0.470.57-0.36-0.770.540.120.310.720.94-0.240.070.810.60.530.180.850.68
0.10.74-0.120.03-0.07-0.03-0.390.32-0.16-0.630.320.180.0-0.240.170.09-0.070.38-0.020.760.080.10.260.610.39-0.280.110.180.12-0.42
0.830.37-0.240.780.83-0.270.450.02-0.83-0.40.130.620.84-0.590.52-0.46-0.740.580.00.260.710.88-0.25-0.010.860.690.160.850.120.8
0.66-0.12-0.150.630.77-0.130.64-0.26-0.630.08-0.180.390.73-0.360.32-0.49-0.560.190.07-0.210.560.75-0.3-0.390.450.770.060.68-0.420.8
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

Based on the company's disclosures, Reinsurance Group has a Z Score of 2.06. This is 14.52% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The z score for all United States stocks is 76.38% higher than that of the company.

Reinsurance Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reinsurance's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reinsurance could also be used in its relative valuation, which is a method of valuing Reinsurance by comparing valuation metrics of similar companies.
Reinsurance is currently under evaluation in z score category among related companies.

Reinsurance ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Reinsurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Reinsurance's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Reinsurance Institutional Holders

Institutional Holdings refers to the ownership stake in Reinsurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Reinsurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Reinsurance's value.
Shares
Geode Capital Management, Llc2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
861.5 K
Ensign Peak Advisors Inc2023-12-31
766.4 K
Norges Bank2023-12-31
756 K
Dimensional Fund Advisors, Inc.2023-12-31
740.2 K
Sei Investments Co2023-12-31
737.9 K
Douglas Lane & Associates, Llc2023-12-31
642.9 K
Aqr Capital Management Llc2023-12-31
624.8 K
Northern Trust Corp2023-12-31
620.4 K
Blackrock Inc2023-12-31
7.6 M
Vanguard Group Inc2023-12-31
7.3 M

Reinsurance Fundamentals

About Reinsurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reinsurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reinsurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reinsurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Reinsurance Group of America, Incorporated engages in reinsurance business. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri. Reinsurance operates under InsuranceReinsurance classification in the United States and is traded on New York Stock Exchange. It employs 3500 people.

Reinsurance Investors Sentiment

The influence of Reinsurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Reinsurance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Reinsurance's public news can be used to forecast risks associated with an investment in Reinsurance. The trend in average sentiment can be used to explain how an investor holding Reinsurance can time the market purely based on public headlines and social activities around Reinsurance Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Reinsurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Reinsurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Reinsurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Reinsurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Reinsurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Reinsurance's short interest history, or implied volatility extrapolated from Reinsurance options trading.

Currently Active Assets on Macroaxis

When determining whether Reinsurance Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Reinsurance'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 Reinsurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reinsurance Group Stock:
Check out Reinsurance Piotroski F Score and Reinsurance Valuation analysis.
Note that the Reinsurance Group information on this page should be used as a complementary analysis to other Reinsurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Reinsurance Stock analysis

When running Reinsurance's price analysis, check to measure Reinsurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reinsurance is operating at the current time. Most of Reinsurance's value examination focuses on studying past and present price action to predict the probability of Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reinsurance's price. Additionally, you may evaluate how the addition of Reinsurance to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Fundamental Analysis
View fundamental data based on most recent published financial statements
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is Reinsurance's industry 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 Reinsurance. If investors know Reinsurance 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 Reinsurance 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
(0.44)
Dividend Share
3.3
Earnings Share
13.43
Revenue Per Share
280.045
Quarterly Revenue Growth
0.149
The market value of Reinsurance Group is measured differently than its book value, which is the value of Reinsurance that is recorded on the company's balance sheet. Investors also form their own opinion of Reinsurance's value that differs from its market value or its book value, called intrinsic value, which is Reinsurance'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 Reinsurance's market value can be influenced by many factors that don't directly affect Reinsurance'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 Reinsurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reinsurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reinsurance'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.