Atlantic American Corporation (AAME) vs CNO Financial Group, Inc. (CNO)

Atlantic American Corporation and CNO Financial Group, Inc. are both Insurance Life companies. CNO Financial Group, Inc. is the larger, with a market value of $5.0B against $24.7M — 200.6× the size. Atlantic American Corporation trades at the lower P/E: 5.1× against 17.8×. Atlantic American Corporation grew revenue faster over the last twelve months: 12.0% against 6.03%. CNO Financial Group, Inc. has the higher net margin (6.02% vs 2.26%) and the higher return on invested capital (6.42% vs 5.58%). Only CNO Financial Group, Inc. pays a dividend (1.32%). Across the 21 metrics below, Atlantic American Corporation leads on 12 and CNO Financial Group, Inc. on 9.

Valuation

Metric AAME CNO Insurance Life median
P/E 5.13 17.84 12.22
P/S 0.12 1.06 0.75
P/B 0.22 1.91 1.07
Price to free cash flow 0.99 7.07 7.70
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 19.49% 5.60% 8.18%
Free cash flow yield 100.74% 14.15% 11.33%

Profitability

Metric AAME CNO Insurance Life median
Gross margin 12.51% 44.97% 32.44%
Operating margin 4.67% 12.30% 11.31%
Net margin 2.26% 6.02% 6.61%
Free cash flow margin 11.65% 15.04% 15.04%
Return on equity 4.38% 10.93% 8.67%
Return on assets 1.15% 0.72% 0.67%
Return on invested capital 5.58% 6.42% 8.20%

Growth

Metric AAME CNO Insurance Life median
Revenue growth (TTM) 11.99% 6.03% 7.91%
EPS growth (last fiscal year) (666.67%) (38.50%) (20.59%)
Revenue growth, 5-year CAGR (1.03%) 3.27% 1.08%
Net income growth, 5-year CAGR 0.00% (5.35%) 0.00%

Health

Metric AAME CNO Insurance Life median
Debt to equity 0.31 1.65 0.48
Current ratio 0.31 0.15 0.21
Net debt to EBITDA (0.12) 2.96 0.12

Dividend

Metric AAME CNO Insurance Life median
Dividend yield 0.00% 1.32% 2.21%
Payout ratio 0.00 0.24 0.26

Size

Metric AAME CNO Insurance Life median
Market cap 24.68m 4.95b 7.85b

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