Atlantic American Corporation (AAME) vs Lincoln National Corporation (LNC)

Atlantic American Corporation and Lincoln National Corporation are both Insurance Life companies. Lincoln National Corporation is the larger, with a market value of $7.9B against $21.8M — 359.6× the size. Atlantic American Corporation trades at the lower P/E: 2.9× against 3.5×. Atlantic American Corporation grew revenue faster over the last twelve months: 12.0% against 7.91%. Lincoln National Corporation has the higher net margin (11.7% vs 3.64%) and the higher return on invested capital (24.5% vs 5.58%). Only Lincoln National Corporation pays a dividend (4.39%). Across the 20 metrics below, Atlantic American Corporation leads on 10 and Lincoln National Corporation on 10.

Valuation

Metric AAME LNC Insurance Life median
P/E 2.92 3.47 13.24
P/S 0.10 0.41 0.78
P/B 0.20 0.76 1.11
Price to free cash flow 0.90 n/m 7.72
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 34.22% 28.80% 7.55%
Free cash flow yield 111.10% (16.79%) 10.98%

Profitability

Metric AAME LNC Insurance Life median
Gross margin 12.51% 16.35% 32.44%
Operating margin 4.67% 16.35% 11.31%
Net margin 3.64% 11.74% 6.61%
Free cash flow margin 11.65% (6.87%) 15.04%
Return on equity 7.05% 23.98% 8.67%
Return on assets 1.85% 0.55% 0.67%
Return on invested capital 5.58% 24.53% 8.20%

Growth

Metric AAME LNC Insurance Life median
Revenue growth (TTM) 11.99% 7.91% 7.91%
EPS growth (last fiscal year) (200.00%) (68.33%) (20.59%)
Revenue growth, 5-year CAGR (1.03%) 0.87% 1.08%
Net income growth, 5-year CAGR 0.00% 16.83% 0.00%

Health

Metric AAME LNC Insurance Life median
Debt to equity 0.31 0.60 0.48
Current ratio 0.31 0.20 0.21
Net debt to EBITDA (0.12) (2.07) 0.12

Dividend

Metric AAME LNC Insurance Life median
Dividend yield 0.00% 4.39% 2.18%
Payout ratio 0.00 0.16 0.26

Size

Metric AAME LNC Insurance Life median
Market cap 21.83m 7.85b 7.92b

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