Kemper Corp

Finance
Property-Casualty Insurers
www.kemper.com

Earnings Score
Moat Score
Safety Score

Market Cap $4.46B
PE 17
Debt $1.39B
Cash $56.90M
EV $5.80B
FCF $119.90M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$268.10M
EBIT	$395.90M
ROE	10%
ROA	3%
FCF	$119.90M
Equity	$2.77B
Growth Stability	-111%
PE	16.65
PEG	-2.3
PB	1.61
P/FCF	37.24
P/S	0.96
Price/Cash	0.01
Debt/Equity	0.5
Debt/FCF	11.6
Net Margins	6%
Op. Margins	9%
Earnings CAGR	4%
Sales Growth YoY	-2%
Sales Growth QoQ	4%
Sales CAGR	11%
FCF CAGR	-1%
Equity CAGR	5%
Earnings Stability	0.04
Earnings Growth YoY	-149%

Earnings Growth QoQ	-3%
Earnings CAGR 5Y	-7%
Sales CAGR 5Y	-1%
FCF CAGR 5Y	-5%
Equity CAGR 5Y	-13%
Earnings CAGR 3Y	-9%
Sales CAGR 3Y	-9%
Equity CAGR 3Y	-9%
Market Cap	$4.46B
Revenue	$4.64B
Dividend Yield	2%
Payout Ratio	30%
Assets	$12.87B
Total Debt	$1.39B
Cash	$56.90M
Shares Outstanding	63.21M
EV	5.8B
Earnings Score	6%
Moat Score	68%
Safety Score	45%
Final Score	40%
Shares Growth 3y	-0%
Equity Growth QoQ	4%
Equity Growth YoY	17%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Kemper Corp is a diversified insurance company that provides services in property and casualty insurance, along with life and health insurance. The company's property and casualty segment offers personal and commercial lines for home and automotive products. It conducts its operations through three operating segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.

SEC Filings

Direct access to Kemper Corp (KMPR) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Kemper Corp compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Kemper Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 4%

Stability 4%

loading chart...

Kemper Corp Discounted Cash Flow

Fully customizable DCF calculator online for Kemper Corp.

Years

Calculation mode

= $1.1B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$120M	$119M	$117M	$116M	$115M	$114M	$112M	$111M	$110M	$109M	$108M	$1.1B
DCF		$108M	$97M	$87M	$78M	$71M	$63M	$57M	$51M	$46M	$42M	$416M
Value	$1.1B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	5%	4%	1%	4%	5%	11%	8%	-2%	-5%	-6%	6%
ROA	-	1%	0%	2%	2%	5%	4%	-1%	-2%	-1%	3%
ROE	-	4%	1%	6%	6%	13%	9%	-3%	-12%	-11%	10%

Bad Net Margins (6.28%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	1.98	1.73	2.97	3.83	-5.75	-7.39	11.6
Debt over Equity	-	0.38	0.38	0.28	0.31	0.2	0.26	0.28	0.57	0.55	0.5
Growth Stability	-	-	-	100%	100%	100%	100%	-33%	-111%	-	-111%

Bad Debt/FCF ratio (11.6)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Good Debt/Equity ratio (0.5)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-111%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	7%	8%	8%	37%	35%	3%	11%	-4%	-11%	-1%
Earnings YoY growth	-	-25%	-80%	620%	57%	179%	-23%	-130%	143%	-10%	-7%
Equity YoY growth	-	-5%	-1%	7%	44%	30%	15%	-12%	-39%	3%	-13%
FCF YoY growth	-	-	-	-	131%	-5%	-12%	-26%	-182%	-22%	-5%