Aflac Incorporated Valuation

AFL Stock  USD 114.91  0.97  0.84%   
At this time, the firm appears to be fairly valued. Aflac Incorporated shows a prevailing Real Value of $112.7 per share. The current price of the firm is $114.91. Our model approximates the value of Aflac Incorporated from analyzing the firm fundamentals such as Current Valuation of (35.75 B), profit margin of 0.21 %, and Return On Equity of 0.13 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Aflac Incorporated's valuation include:
Price Book
2.0211
Enterprise Value
-35.7 B
Price Sales
3.5089
Forward PE
15.2672
Trailing PE
16.8243
Fairly Valued
Today
114.91
Please note that Aflac Incorporated's price fluctuation is very steady at this time. Calculation of the real value of Aflac Incorporated is based on 3 months time horizon. Increasing Aflac Incorporated's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Aflac stock is determined by what a typical buyer is willing to pay for full or partial control of Aflac Incorporated. Since Aflac Incorporated is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Aflac Stock. However, Aflac Incorporated's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  114.91 Real  112.7 Target  111.69 Hype  115.36
The intrinsic value of Aflac Incorporated's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Aflac Incorporated's stock price.
111.62
Downside
112.70
Real Value
126.40
Upside
Estimating the potential upside or downside of Aflac Incorporated helps investors to forecast how Aflac stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Aflac Incorporated more accurately as focusing exclusively on Aflac Incorporated's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
1.741.821.90
Details
Hype
Prediction
LowEstimatedHigh
114.28115.36116.44
Details
13 Analysts
Consensus
LowTarget PriceHigh
101.64111.69123.98
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Aflac Incorporated's intrinsic value based on its ongoing forecasts of Aflac Incorporated's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Aflac Incorporated's closest peers.

Aflac Incorporated Cash

6.56 Billion

Aflac Revenue by Product

Aflac Incorporated Total Value Analysis

Aflac Incorporated is presently forecasted to have company total value of (35.75 B) with market capitalization of 60.23 B, debt of 8.41 B, and cash on hands of 6.25 B. The negative valuation of Aflac Incorporated may imply that the market is not capable to price the future growth of the company or it is pricing it at zero value. It may also suggest that takeover valuation may not have captured all of the outstanding financial commitments of the company both on and off balance sheet. Investors should carefully check all of the Aflac Incorporated fundamentals.
  Takeover PriceMarket CapDebt ObligationsCash
(35.75 B)
60.23 B
8.41 B
6.25 B

Aflac Incorporated Investor Information

About 59.0% of the company shares are held by institutions such as insurance companies. The book value of Aflac Incorporated was presently reported as 56.86. The company has Price/Earnings To Growth (PEG) ratio of 0.93. Aflac Incorporated recorded earning per share (EPS) of 6.83. The entity last dividend was issued on the 18th of February 2026. The firm had 2:1 split on the 19th of March 2018. Based on the measurements of operating efficiency obtained from Aflac Incorporated's historical financial statements, Aflac Incorporated is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in March.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.150.2661
Way Down
Pretty Stable
Total Cash From Operating ActivitiesB3.1 B
Way Up
Slightly volatile
Operating Income2.6 B4.6 B
Way Down
Slightly volatile

Aflac Incorporated Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Aflac Incorporated has an asset utilization ratio of 14.97 percent. This suggests that the Company is making $0.15 for each dollar of assets. An increasing asset utilization means that Aflac Incorporated is more efficient with each dollar of assets it utilizes for everyday operations.
 
Black Monday
 
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Covid
 
Interest Hikes

Aflac Incorporated Profitability Analysis

Based on the measurements of profitability obtained from Aflac Incorporated's financial statements, Aflac Incorporated's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Aflac Incorporated's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1985-09-30
Previous Quarter
1.6 B
Current Value
1.4 B
Quarterly Volatility
488.5 M
 
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Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
At this time, Aflac Incorporated's Net Profit Margin is quite stable compared to the past year. Gross Profit Margin is expected to rise to 0.59 this year, although the value of Gross Profit will most likely fall to about 6.4 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.590.3893
Way Up
Pretty Stable
Net Profit Margin0.220.2091
Sufficiently Up
Slightly volatile
Operating Profit Margin0.150.2661
Way Down
Pretty Stable
Pretax Profit Margin0.140.2599
Way Down
Slightly volatile
Return On Assets0.01730.0313
Way Down
Slightly volatile
Return On Equity0.130.1236
Sufficiently Up
Very volatile
For Aflac Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aflac Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aflac Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aflac Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aflac Incorporated over time as well as its relative position and ranking within its peers.

Aflac Incorporated Earnings per Share Projection vs Actual

The next projected EPS of Aflac Incorporated is estimated to be 1.8199 with future projections ranging from a low of 1.74 to a high of 1.8974. Aflac Incorporated's most recent 12-month trailing earnings per share (EPS TTM) is at 6.83. Please be aware that the consensus of earnings estimates for Aflac Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Aflac Incorporated is projected to generate 1.8199 in earnings per share on the 31st of March 2026. Aflac Incorporated earnings estimates show analyst consensus about projected Aflac Incorporated EPS (Earning Per Share). It derives the highest and the lowest estimates based on Aflac Incorporated's historical volatility. Many public companies, such as Aflac Incorporated, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Aflac Incorporated Earnings Estimation Breakdown

The calculation of Aflac Incorporated's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Aflac Incorporated is estimated to be 1.8199 with the future projection ranging from a low of 1.74 to a high of 1.8974. Please be aware that this consensus of annual earnings estimates for Aflac Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.57
1.74
Lowest
Expected EPS
1.8199
1.90
Highest

Aflac Incorporated Earnings Projection Consensus

Suppose the current estimates of Aflac Incorporated's value are higher than the current market price of the Aflac Incorporated stock. In this case, investors may conclude that Aflac Incorporated is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Aflac Incorporated's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
1388.63%
1.57
1.8199
6.83

Aflac Incorporated Ownership Allocation

Aflac Incorporated holds a total of 518.69 Million outstanding shares. Over half of Aflac Incorporated's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that on August 4, 2025, Senator Shelley Moore Capito of US Senate acquired under $15k worth of Aflac Incorporated's common stock.

Aflac Incorporated Profitability Analysis

The company reported the last year's revenue of 17.44 B. Total Income to common stockholders was 5.44 B with profit before taxes, overhead, and interest of 8.01 B.

Aflac Incorporated Past Distributions to stockholders

About Aflac Incorporated Valuation

We use absolute and relative valuation methodologies to arrive at the intrinsic value of Aflac Incorporated. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Aflac Incorporated based exclusively on its fundamental and basic technical indicators. By analyzing Aflac Incorporated's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Aflac Incorporated's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aflac Incorporated. We calculate exposure to Aflac Incorporated's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Aflac Incorporated's related companies.
Last ReportedProjected for Next Year
Gross Profit6.8 B6.4 B
Pretax Profit Margin 0.26  0.14 
Operating Profit Margin 0.27  0.15 
Net Profit Margin 0.21  0.22 
Gross Profit Margin 0.39  0.59 

Aflac Incorporated Quarterly Retained Earnings

54.68 Billion

Aflac Incorporated's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Aflac Incorporated's value is low or high relative to the company's performance and growth projections. Determining the market value of Aflac Incorporated can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Aflac Incorporated represents a small ownership stake in the entity. As a stockholder of Aflac, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Aflac Incorporated Dividends Analysis For Valuation

Dividend Payout Ratio is expected to rise to 0.35 this year, although the value of Dividends Paid is projected to rise to (1.2 B). . At this time, Aflac Incorporated's Retained Earnings are quite stable compared to the past year. Earnings Yield is expected to rise to 0.06 this year, although the value of Retained Earnings Total Equity will most likely fall to about 27.7 B.
Last ReportedProjected for Next Year
Dividends Paid-1.3 B-1.2 B
Dividend Yield 0.02  0.01 
Dividend Payout Ratio 0.34  0.35 
Dividend Paid And Capex Coverage Ratio 2.86  2.72 
There are various types of dividends Aflac Incorporated can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Aflac shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Aflac Incorporated directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Aflac pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Aflac Incorporated by the value of the dividends paid out.

Aflac Incorporated Growth Indicators

Investing in growth stocks can be very risky. If the company such as Aflac Incorporated does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding532 M
Quarterly Earnings Growth Y O Y-0.229
Forward Price Earnings15.2672

Aflac Incorporated Current Valuation Indicators

Aflac Incorporated's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Aflac Incorporated's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Aflac Incorporated, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Aflac Incorporated's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Aflac Incorporated's worth.
When determining whether Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated'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 Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Aflac Incorporated. If investors know Aflac 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. Comprehensive Aflac Incorporated assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.23)
Dividend Share
2.32
Earnings Share
6.83
Revenue Per Share
32.21
Quarterly Revenue Growth
(0.1)
Investors evaluate Aflac Incorporated using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Aflac Incorporated's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Aflac Incorporated's market price to deviate significantly from intrinsic value.
Understanding that Aflac Incorporated's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aflac Incorporated represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Aflac Incorporated's market price signifies the transaction level at which participants voluntarily complete trades.