Financial Services / Insurance - Property & Casualty

The Allstate Corporation (ALL)

$210.46
+1.57%
$53.1B
Market Cap
4.6
P/E Ratio
0.21
Beta
2.10%
Dividend Yield
Piotroski 4/9Altman Z 2.0 Gray ZoneROIC−WACC +1.4%

Quantitative Summary

Deterministic

At 4.6x earnings — a 76% discount to the sector average of 19.2x — ALL is in the lower valuation range. Financial health is average: Piotroski 4/9, Altman Z 2.0. DCF fair value of $609 implies 183% upside from current prices based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The underlying economics of The Allstate Corporation demonstrate a robust generation of value, evidenced by an ROIC-WACC spread of +3.0%, indicating capital returns that comfortably exceed the cost of equity. This efficiency is underpinned by a DuPont-decomposed ROE of 33.6%, driven primarily by exceptional net margins at 15.3% and significant leverage via an equity multiplier of 3.92x, rather than operational velocity which sits at only 0.56x asset turnover. While the profitability factor score of 0.367 confirms strong earnings quality relative to peers, the Piotroski F-Score of 4/9 and Altman Z-Score of 2.0 suggest moderate financial stability with room for improvement in balance sheet strength or operational momentum compared to high-grade issuers.

Valuation metrics present a stark divergence between current market pricing and intrinsic value models; trading at a compressed P/E multiple of 5.4x versus an industry average of 18.4x, the stock appears deeply undervalued relative to its sector peers. A DCF analysis implies significant upside potential with a fair value estimate of $953, representing approximately 360% above current levels, though this projection assumes a challenging long-term free cash flow growth trajectory of -3.6%. This discrepancy suggests the market may be pricing in persistent headwinds or structural constraints that are not fully captured by standard valuation multiples.

Risk-adjusted performance indicators reveal notable friction; the stock exhibits negative Fama-French alpha of -8.92% annually, signaling underperformance relative to a risk-free benchmark after adjusting for size and value factors. Despite holding a positive Value Factor score (HML) of 0.793, which aligns with its low multiple status, the recent insider flow data showing $32 million in net selling over ninety days introduces a conflicting signal regarding management's internal confidence. Investors must weigh the attractive valuation spread and strong margin profile against the negative alpha drag and active insider distribution when assessing future risk-reward dynamics.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$210.46
Fair Value
$626
Implied Upside
+197.5%
$626IMPLIED FAIR VALUEUNDERVALUEDOVERUNDER
Growth Rate (Y1–5)-4%
-10%20%50%
Discount Rate (WACC)7.5%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
1.6%annual FCF growth priced in at $210.46

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 6% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6%7.5%9.5%
2%$724$510$363
3%$945$609$410
4%$1387$765$474

Center = base case. Green = >10% upside, Red = >10% downside vs $210.46.

Pre-computed DCF: WACC=7.5%, terminal growth 3%. Fair value $609 (+183.2%). Not investment advice.

Valuation Context

4.6x
ALL P/E
19.2x
Sector Avg
17.7x
5Y Avg P/E
-76%
vs Sector

Currently trading 69% below its 5-year average P/E of 17.7x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

Allstate Corporation is currently trading at $216.60, a position that warrants examination relative to its surrounding moving average envelopes to gauge potential mean-reversion dynamics. Without specific envelope boundaries or the precise location of recent Simple Moving Averages provided in the dataset, it remains impossible to determine if this price point represents an extreme deviation from historical norms or sits comfortably within a defined trading range. In financial services sectors like Allstate's, prices often oscillate between overbought and oversold conditions; therefore, establishing whether $216.60 is significantly detached from the central trend line is critical for assessing reversal probability. If this price were to trade far above the upper band of a standard SMA envelope, it might suggest stretched valuations ripe for a pullback toward equilibrium. Conversely, trading well below the lower band could indicate undervaluation relative to recent averages, potentially signaling upward pressure as statistical reversion occurs. The absence of additional context regarding volatility indices or specific timeframes limits a definitive conclusion on whether $216.60 represents a strategic entry point for contrarian strategies or merely reflects ongoing momentum within its sector peers. Technical analysis relies heavily on the relationship between current pricing and these dynamic averages to identify where probability shifts from trend continuation to potential correction. Observers must weigh this absolute price level against the relative distance to the envelope boundaries to infer if market participants are currently overreacting to news flow or fundamentally valuing the asset correctly according to recent statistical trends. Ultimately

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

4/9
Piotroski F-Score
Average — mixed operational signals
2.0
Altman Z-Score
Grey Zone — between 1.8 and 3.0 thresholds. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.

Profitability & Value Creation

15.3%
Net Margin
8.9%
ROIC
7.5%
WACC
ROIC − WACC Spread: +1.4%— Positive spread.
+5.6%
Revenue Growth (YoY)
+120.3%
Earnings Growth (YoY)
9.9B
Free Cash Flow
12%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

15.3%
Net Profit Margin
NI ÷ Revenue
×
0.56x
Asset Turnover
Revenue ÷ Assets
×
3.92x
Equity Multiplier
Assets ÷ Equity
=
33.6%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.92x
Debt / Equity
34.0x
Interest Coverage
0.4x
Net Debt / EBITDA
16.19%
FCF Yield
14.0B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$32M
Net Selling
0
Buy Transactions
8
Sale Transactions
2026-03-16WILSON THOMAS JOSEPH IISold 6/8 qtrsSale$4M
2026-03-02WILSON THOMAS JOSEPH IISold 6/8 qtrsSale$4M
2026-02-25MERTEN JESSE ESold 2/8 qtrsSale$7M
2026-02-25MERTEN JESSE ESold 2/8 qtrsGrant$4M
2026-02-24PRINDIVILLE MARK QSold 1/8 qtrsOther402 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $2.53
Act: $3.53
+39.3%
Q3
✓ Beat
Est: $3.26
Act: $5.94
+82.5%
Q2
✓ Beat
Est: $7.54
Act: $11.17
+48.1%
Q1
✓ Beat
Est: $9.86
Act: $14.31
+45.1%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$1.0800
Latest Dividend
$4.00
2025 Total
+8.7%
YoY Growth
9 yrs
Consecutive Increases
Annual Dividends per Share
$0.66
2016
$1.48
2017
$1.84
2018
$2.00
2019
$2.16
2020
$3.24
2021
$3.40
2022
$3.56
2023
$3.68
2024
$4.00
2025
$2.16
2026
DateAmountChange
2026-06-01$1.08000.0%
2026-03-02$1.0800+8.0%
2025-12-01$1.00000.0%
2025-08-29$1.00000.0%
2025-06-09$1.00000.0%
2025-03-10$1.0000+8.7%
2024-11-29$0.92000.0%
2024-08-30$0.92000.0%
2024-05-31$0.92000.0%
2024-03-01$0.9200+3.4%
2023-11-29$0.89000.0%
2023-08-30$0.89000.0%
Stock Splits
1998-07-02: 2:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

25.4%
Annual Volatility
0.46
Sharpe (1Y)
-14.1%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.71
Market β
Mkt-RF
-0.403
Size (SMB)
Large-cap tilt
+0.793
Value (HML)
Value tilt
+0.367
Profit (RMW)
Robust
+0.096
Invest (CMA)
Neutral
Alpha (annual): -8.92%
R²: 23.9%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

7.8
Forward P/E
2.50
PEG Ratio
1.80
Price/Book
1M
Avg Volume
$227.62
52W High
$188.08
52W Low
57%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$8.6B
Tracked Passive Exposure
8
ETFs Holding ALL
0.12%
Avg Weight in ETFs
$7.4T
Total ETF AUM

When investors buy or sell ETFs like KIE or VOE, the fund manager is mechanically forced to buy or sell ALL shares regardless of The Allstate Corporation's individual fundamentals. We estimate $8.6B of passive capital is structurally linked to ALL through 8 tracked ETFs. This substantial passive exposure means that ETF inflows and outflows — not company fundamentals — can dominate daily volume on this stock.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in The Allstate Corporation to visualize passive redemption contagion across ETFs and collateral stocks.

ALL Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
ALLEpicenterVTIETFVOOETFIVVETFBRK.BUnknownJPMHigh RiskJPMHigh RiskBRK.BUnknownVLow Risk
ALL Price Drop (%)0

If The Allstate Corporation (ALL) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies BERKSHIRE HATHAWAY INC CL B (BRK.B) as the most exposed collateral stock, sharing 1 ETFs with ALL. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 38 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

ALL Ownership Dynamics

Passive funds hold 1 in every 5 ALL shares, reducing daily market volatility.

Ticker
ALL
Total Shares
257M
ETF Lock-Up
21.7%
Display Mode
Total Float Impact
21.7%Locked Float

The Allstate Corporation (ALL) exerts notable gravity on the passive index market, currently representing 1.8% of the KIE (KIE) and 1.0% of the VOE (VOE). Across 38 tracked ETFs, approximately 56M shares (21.7% of float) are held by passive funds and rarely trade on the open market. This high passive lock-up reduces the effective active float, which can amplify daily price volatility and momentum signals.

Float lock-up computed from 38 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

ALL Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
ALL
PRICE
$210.46
FLOOR (POC)
$205.91
STRENGTH
Medium
$187$189$1918%$1938%$196$198$200$202$20410%$206POC 11%$20811%$2108%$210.46$2127%$214$216$218$220$222$225$227
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for The Allstate Corporation over the past year sits near $205.91 (11% of 252-day volume). The current price of $210.46 trades 2.2% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

ALL Capital Efficiency

How efficiently does The Allstate Corporation convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$9.9B
EBITDA
$14.0B
FCF Conversion
70%
Reinvestment Rate
30%
70% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
8.9%
ROIC − WACC Spread
1.4%

The Allstate Corporation converts 70% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. The positive ROIC-WACC spread of 1.4% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-12136$213.80$29,076.8
2026-05-043,463$216.59$750,051.17
2026-05-0149,708$217.26$10.8M
2026-04-02246$204.10$50,208.6
2026-03-311,036$207.27$214,731.72
2026-03-27839$207.16$173,807.24
2026-03-2617,220$204.71$3.5M
2026-03-2526$207.31$5,390.06
2026-03-242$207.76$415.52
2026-03-234$205.62$822.48
2026-03-201,276$204.07$260,393.32
2026-02-25332$209.82$69,660.24
2026-02-186$212.32$1,273.92
2026-02-053,396$207.12$703,379.52
2026-01-2330$195.28$5,858.4
2026-01-2142,636$193.55$8.3M
2026-01-206,500$192.28$1.2M
2025-12-29711$207.80$147,745.8
2025-12-19274$204.93$56,150.82
2025-12-17131,606$209.51$27.6M
2025-12-1559,604$207.18$12.3M
2025-12-123,899$206.82$806,391.18
2025-12-112,416$201.19$486,075.04
2025-12-10211$201.05$42,421.55
2025-11-24100$214.32$21,432
2025-11-21223$211.74$47,218.02
2025-11-1312$209.21$2,510.52
2025-11-1246$207.36$9,538.56
2025-10-24127$194.46$24,696.42
2025-10-201,167$195.87$228,580.29

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
HIG0.7430.718High co-movement
PGR0.7080.731High co-movement
TRV0.6980.698Moderate
L0.6690.647Moderate
ACGL0.6640.708Moderate
CB0.6400.600Moderate
AFL0.6160.600Moderate
WRB0.6160.564Moderate
CINF0.6080.530Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare ALL to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.