AIZ · NYQ · Financial Services
Assurant, Inc.
Also onShortfallConsensus DriftCrosscheck
Implied value per share
USD 364.44
Market price
USD 297.23
Implied upside
+22.6%
10-year forecast · Excess returns over book equity · Base case · Price 2026-11-02 · Accounts to 2025-12-31
NoteA financial, valued on excess returns over book equity.
Excess Returns
- Return on equity
- 15.6%
- Payout
- 21%
- Cost of equity
- 7.73%
| Line | FY26 | FY27 | FY28 | FY29 | FY30 | FY31 | FY32 | FY33 | FY34 | FY35 |
|---|---|---|---|---|---|---|---|---|---|---|
| Opening book equity | USD 5.9bn | USD 6.5bn | USD 7.2bn | USD 7.9bn | USD 8.6bn | USD 9.2bn | USD 9.8bn | USD 10.3bn | USD 10.8bn | USD 11.2bn |
| Return on equity | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% | 15.6% |
| Excess return | USD 464.8m | USD 517.9m | USD 571.9m | USD 625.8m | USD 678.6m | USD 729.2m | USD 776.3m | USD 818.8m | USD 855.5m | USD 885.4m |
| Present value | USD 431.5m | USD 446.2m | USD 457.4m | USD 464.6m | USD 467.7m | USD 466.5m | USD 461.0m | USD 451.3m | USD 437.7m | USD 420.5m |
| Book equity | USD 5.9bn |
| Present value of excess returns | USD 4.5bn |
| Terminal, growing at 2.50% | USD 8.2bn |
| Equity value | USD 18.6bn |
| Per share | USD 364.44 |
Discount Rate
| Risk-free rate | 4.89% | US 10-year Treasury (^TNX), 2026-11-02 |
| Equity risk premium | 4.23% | Damodaran, January 2026 |
| Beta | 0.670 | Reported 0.508, pulled toward 1.0 (Blume) |
| Cost of equity | 7.73% | Risk-free + beta x equity risk premium |
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Yahoo Finance and RBA data. General information, not advice. Methodology.