Lincoln National Corp
NYSE:LNC

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Lincoln National Corp
NYSE:LNC
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Price: 36.09 USD 4.73% Market Closed
Market Cap: 6.1B USD

Relative Value

The Relative Value of one LNC stock under the Base Case scenario is 56.47 USD. Compared to the current market price of 36.09 USD, Lincoln National Corp is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LNC Relative Value
Base Case
56.47 USD
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
vs Industry
84
Median 3Y
0.3
Median 5Y
0.3
Industry
1.1
Forward
0.3
vs History
76
vs Industry
75
Median 3Y
2.7
Median 5Y
5.3
Industry
12.3
Forward
4.7
vs History
22
vs Industry
75
Median 3Y
0.7
Median 5Y
0.6
Industry
1.5
vs History
57
vs Industry
79
Median 3Y
0.5
Median 5Y
0.5
Industry
1.2

Multiples Across Competitors

LNC Competitors Multiples
Lincoln National Corp Competitors

Market Cap P/S P/E P/B
US
Lincoln National Corp
NYSE:LNC
6.1B USD 0.3 1.9 0.7
ZA
Sanlam Ltd
JSE:SLM
171.1B Zac 0 0 0
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
973.7B CNY 1.2 8.3 1.1
ZA
Discovery Ltd
JSE:DSY
131.2B Zac 0 0 0
CN
China Life Insurance Co Ltd
SSE:601628
823.8B CNY 2.1 7.5 1.7
ZA
OUTsurance Group Ltd
JSE:OUT
97.1B Zac 0 0 0
HK
AIA Group Ltd
HKEX:1299
682.5B HKD 4.2 18.2 2.2
US
Aflac Inc
NYSE:AFL
59B USD 3.1 10.8 2.3
US
MetLife Inc
NYSE:MET
55.4B USD 0.8 13.1 2
ZA
Old Mutual Ltd
JSE:OMU
55.8B Zac 0 0 0
IN
Life Insurance Corporation Of India
NSE:LICI
4.7T INR 0.5 10.9 4.8
P/S Multiple
Revenue Growth P/S to Growth
US
Lincoln National Corp
NYSE:LNC
Average P/S: 1.7
0.3
0%
N/A
ZA
S
Sanlam Ltd
JSE:SLM
Not Available
-20%
N/A
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
1.2
-8%
N/A
ZA
D
Discovery Ltd
JSE:DSY
Not Available
-13%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
2.1
-1%
N/A
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
-36%
N/A
HK
AIA Group Ltd
HKEX:1299
4.2
2%
2.1
US
Aflac Inc
NYSE:AFL
3.1
-2%
N/A
US
MetLife Inc
NYSE:MET
0.8
5%
0.2
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available
-16%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
0.5
8%
0.1
P/E Multiple
Earnings Growth PEG
US
Lincoln National Corp
NYSE:LNC
Average P/E: 10.1
1.9
-21%
N/A
ZA
S
Sanlam Ltd
JSE:SLM
Not Available
12%
N/A
CN
Ping An Insurance Group Co of China Ltd
SSE:601318
8.3
22%
0.4
ZA
D
Discovery Ltd
JSE:DSY
Not Available
21%
N/A
CN
China Life Insurance Co Ltd
SSE:601628
7.5
39%
0.2
ZA
O
OUTsurance Group Ltd
JSE:OUT
Not Available
10%
N/A
HK
AIA Group Ltd
HKEX:1299
18.2
27%
0.7
US
Aflac Inc
NYSE:AFL
10.8
-9%
N/A
US
MetLife Inc
NYSE:MET
13.1
24%
0.5
ZA
O
Old Mutual Ltd
JSE:OMU
Not Available
9%
N/A
IN
Life Insurance Corporation Of India
NSE:LICI
10.9
10%
1.1