0.42%
6.74%
4.59%
13.36%
22.86%
29.73%
69.66%
AI Spotlight on MET
Company Description
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings.The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements.
It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives.In addition, it provides fixed, indexed-linked, and variable annuities; and pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services.MetLife, Inc.
was founded in 1863 and is headquartered in New York, New York.
Market Data
| Last Price | 87 |
| Change Percentage | 0.42% |
| Open | 87.23 |
| Previous Close | 86.64 |
| Market Cap ( Millions) | 60241 |
| Volume | 2190597 |
| Year High | 89.05 |
| Year Low | 64.61 |
| M A 50 | 83.87 |
| M A 200 | 77.33 |
Financial Ratios
| FCF Yield | 24.54% |
| Dividend Yield | 2.48% |
| ROE | 12.90% |
| Debt / Equity | 61.02% |
| Net Debt / EBIDTA | 205.49% |
| Price To Book | 1.97 |
| Price Earnings Ratio | 16.17 |
| Price To FCF | 4.07 |
| Price To sales | 0.84 |
| EV / EBITDA | -40.34 |
News
- Jan -29 - MetLife Among the World's Most Admired Companies by Fortune Magazine
- Jan -14 - MetLife Stadium Reinforces Commitment to Security Excellence
- Jan -09 - MetLife to Hold Combined Earnings and Outlook Conference Call
- Jan -09 - MetLife Expands Asset Management With $6B Acquisition From Mesirow
- Jan -07 - MetLife Declares First Quarter 2025 Common Stock Dividend
- Jan -03 - Will MetLife Benefit In 2025?
- Dec -31 - Compelling Reasons for Investors to Hold on to MetLife Stock Right Now
- Dec -24 - MetLife's Asset Management Arm Expands Reach With PineBridge Buyout
- Dec -23 - US insurer MetLife acquires PineBridge Investments in up to $1.2 bln deal
- Dec -23 - MetLife Investment Management to Acquire PineBridge Investments
- Dec -12 - MetLife Stock Jumps on New Long-Term Growth Strategy
- Dec -12 - MetLife targets double-digit earnings per share gains in new growth plan
- Dec -12 - MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor Day
- Dec -11 - MetLife Collaborates With General Atlantic to Launch Chariot Re
- Dec -11 - MetLife, General Atlantic to launch reinsurance venture
- Dec -10 - MetLife Partners With Workday to Enhance Employer Benefit Programs
- Dec -10 - Stocks are a risky place to be next year given fundamentals, says MetLife's Drew Matus
- Dec -05 - MetLife to Present New Frontier Strategy at December 12 Investor Day
- Dec -04 - Rebound in payrolls is one reason why the Fed won't cut this month, says MetLife's Drew Matus
- Dec -02 - MetLife Investment Management Names Kerry O'Brien Global Head of Insurance Asset Management and Liability Solutions
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Group Benefits
Expected Growth : 5.5 %
What the company do ?
MetLife's Group Benefits provide employers with a range of insurance products, including life, disability, and accidental death and dismemberment coverage, to support their employees' financial security.
Why we expect these perspectives ?
MetLife's Group Benefits segment growth of 5.5% is driven by increasing demand for employee benefits, expansion into new markets, and strategic partnerships. Additionally, the rise of voluntary benefits, growing popularity of ancillary benefits, and investments in digital platforms to enhance customer experience are contributing to the segment's growth.
Segment n°2 -> Retirement and Income Solutions
Expected Growth : 5.8 %
What the company do ?
Retirement and Income Solutions from MetLife, Inc. provides personalized retirement plans and income strategies to help individuals achieve financial security and stability.
Why we expect these perspectives ?
MetLife's Retirement and Income Solutions segment growth of 5.8% is driven by increasing demand for retirement plans, expansion of distribution channels, and strategic partnerships. Additionally, the rise of the gig economy and growing need for income protection contribute to the segment's growth. Furthermore, MetLife's efforts to enhance its digital capabilities and improve customer experience also support the segment's expansion.
Segment n°3 -> Asia
Expected Growth : 7.2 %
What the company do ?
Asia from MetLife, Inc. refers to the Asian operations of MetLife, a leading global insurance company, providing life insurance, accident and health insurance, and other financial services.
Why we expect these perspectives ?
MetLife's 7.2% growth in Asia is driven by increasing demand for insurance products, particularly in Japan and South Korea, where an aging population and low interest rates are fueling demand for retirement and protection products. Additionally, expansion in emerging markets such as China and India, where there is a growing middle class and increasing awareness of insurance, is also contributing to growth.
Segment n°4 -> MetLife Holdings
Expected Growth : 6.0 %
What the company do ?
MetLife Holdings is a subsidiary of MetLife, Inc., a leading global provider of insurance, annuities, and employee benefits, holding and managing the company's investments and assets.
Why we expect these perspectives ?
MetLife Holdings' 6.0% growth driven by increasing demand for life insurance and annuity products, expansion into emerging markets, and effective cost management. Additionally, the segment benefits from MetLife's strong brand recognition, diversified distribution channels, and strategic investments in digital capabilities.
Segment n°5 -> Latin America
Expected Growth : 7.5 %
What the company do ?
Latin America from MetLife, Inc. refers to the company's operations and business activities in the Latin American region, including Mexico, Central America, South America, and the Caribbean.
Why we expect these perspectives ?
MetLife's 7.5% growth in Latin America is driven by increasing demand for insurance products, a growing middle class, and economic expansion in countries such as Mexico, Brazil, and Chile. Additionally, the company's strategic partnerships and digitalization efforts have improved distribution channels and customer engagement, further fueling growth in the region.
Segment n°6 -> Reconciling Items
Expected Growth : 0.0 %
What the company do ?
Reconciling Items from MetLife, Inc. refers to the differences between the company's financial records and the actual bank statements, requiring investigation and resolution.
Why we expect these perspectives ?
MetLife, Inc.'s 0.0% growth is attributed to stagnant premium growth, flat investment income, and elevated expenses. The lack of growth is also driven by intense competition in the life insurance industry, low interest rates, and regulatory pressures. Additionally, the company's efforts to improve operational efficiency and reduce costs have not yet yielded significant growth benefits.
Segment n°7 -> EMEA
Expected Growth : 4.8 %
What the company do ?
EMEA (Europe, Middle East, and Africa) is a regional segment of MetLife, Inc., providing insurance and employee benefits to customers in over 60 countries.
Why we expect these perspectives ?
EMEA's 4.8% growth in MetLife, Inc. is driven by increasing demand for life insurance and employee benefits in emerging markets, expansion of distribution channels, and strategic partnerships. Additionally, regulatory reforms and economic growth in countries like Turkey, Poland, and the UAE contribute to the region's growth.
Segment n°8 -> Corporate & Other
Expected Growth : 3.2 %
What the company do ?
Corporate & Other from MetLife, Inc. refers to the company's headquarters and other non-insurance operations, including investments and corporate expenses.
Why we expect these perspectives ?
MetLife's Corporate & Other segment growth of 3.2% is driven by increasing investment income, favorable foreign exchange rates, and expense management initiatives. Additionally, the company's focus on digitization and process improvements have contributed to the segment's growth.
Metlife, Inc. Products
| Product Range | What is it ? |
|---|---|
| Life Insurance | MetLife offers a range of life insurance products, including term life, whole life, and universal life insurance, to provide financial protection for loved ones in the event of death. |
| Dental Insurance | MetLife's dental insurance plans provide coverage for routine cleanings, fillings, crowns, and other dental procedures, helping to maintain good oral health. |
| Disability Insurance | MetLife's disability insurance products provide income protection in the event of illness or injury, helping to replace lost income and maintain financial stability. |
| Auto and Home Insurance | MetLife offers auto and home insurance products to protect against damage or loss to vehicles and homes, providing financial protection and peace of mind. |
| Retirement and Savings | MetLife's retirement and savings products, including 401(k) and IRA plans, help individuals plan and save for retirement and other long-term financial goals. |
| Vision Insurance | MetLife's vision insurance plans provide coverage for eye exams, glasses, and contact lenses, helping to maintain good eye health and correct vision problems. |
| Employee Benefits | MetLife offers a range of employee benefits, including life insurance, disability insurance, and other voluntary benefits, to help employers attract and retain top talent. |
MetLife, Inc.'s Porter Forces
Threat Of Substitutes
MetLife, Inc. operates in a highly competitive industry, and customers have various alternatives to choose from. However, the company's strong brand recognition and diversified product offerings mitigate the threat of substitutes to some extent.
Bargaining Power Of Customers
MetLife, Inc. has a large customer base, but individual customers have significant bargaining power due to the availability of alternatives. The company needs to focus on customer retention and satisfaction to maintain its market share.
Bargaining Power Of Suppliers
MetLife, Inc. has a diversified supply chain, and suppliers have limited bargaining power. The company's scale and financial resources also give it an upper hand in negotiations with suppliers.
Threat Of New Entrants
The insurance industry has high barriers to entry, including regulatory hurdles and significant capital requirements. While new entrants may emerge, they are unlikely to pose a significant threat to MetLife, Inc.'s market position in the short term.
Intensity Of Rivalry
The insurance industry is highly competitive, with many established players competing for market share. MetLife, Inc. needs to focus on differentiating its products and services to maintain its competitive edge.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 38.55% |
| Debt Cost | 7.49% |
| Equity Weight | 61.45% |
| Equity Cost | 9.09% |
| WACC | 8.47% |
| Leverage | 62.73% |
MetLife, Inc. : Quality Control
MetLife, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| JXN | Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and … |
| MFC.TO | Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance … |
| PRU | Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States and internationally. It operates through eight segments: PGIM, Retirement, … |
| TFC | Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and … |
| AFL | Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Manulife
A-Score
1-Year Total Return ->
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Truist
A-Score
1-Year Total Return ->
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Jackson Financial
A-Score
1-Year Total Return ->
4
MetLife
A-Score
1-Year Total Return ->
5
Prudential Financial
A-Score
1-Year Total Return ->
6
