American Equity Investment Life Holding Co (AEL) Key Ratios
$56.47
As on 02-May-2024 16:10EDT
Market cap
$4,493 Mln
Revenue (TTM)
$2,266 Mln
P/E Ratio
27.4
P/B Ratio
1.4
Div. Yield
0.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 966.32 | 222.05 | -8.82 | -23.98 | 0.73 |
| EBIT | 21,028.28 | 365.83 | -16.54 | -22.59 | -6.08 |
| Net Profit | 173.60 | 320.40 | 42.02 | -0.12 | 19.81 |
| EPS | 172.27 | 328.34 | 66.13 | 5.17 | 22.97 |
| Book Value | -- | -- | 3.29 | -18.31 | 7.95 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| 28.30 | 20.77 | 52.36 | 10.77 | 65.63 |
| Net Margin
| -- | -- | 31.32 | -- | -- |
| Return on equity
| 13.70 | 12.04 | 27.25 | 6.80 | 25.72 |
| Return on Capital
| 10.72 | 9.68 | -- | 4.83 | 19.97 |
| Return on Assets
| 0.88 | 0.79 | 0.64 | 0.30 | 1.60 |
| Debt to Equity (x)
| -- | -- | 0.27 | 0.29 | 0.52 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
4.83
|
19.97
|
7.35
|
10.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
27.25
Higher than Peers by 16.06
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
27.25
|
6.80
|
25.72
|
8.58
|
12.05
|
|
Peer Median
|
11.18
|
--
|
--
|
--
|
--
|
ROA
0.64
Higher than Peers by 0.02
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
0.64
|
0.30
|
1.60
|
0.74
|
0.95
|
|
Peer Median
|
0.62
|
--
|
--
|
--
|
--
|
EBIT Margin
52.36
Higher than Peers by 41.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
52.36
|
10.77
|
65.63
|
8.51
|
15.21
|
|
Peer Median
|
10.64
|
--
|
--
|
--
|
--
|
Net Margin
31.32
Higher than Peers by 24.52
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
31.32
|
12.44
|
32.40
|
13.66
|
18.08
|
|
Peer Median
|
6.80
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-8.82
Lower than Peers by 16.52
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
-8.82
|
-0.55
|
-0.07
|
0.09
|
0.85
|
|
Peer Median
|
7.70
|
--
|
--
|
--
|
--
|
EBIT Growth
-16.54
Lower than Peers by 27.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
-16.54
|
-92.63
|
618.02
|
-39.01
|
647.69
|
|
Peer Median
|
11.42
|
--
|
--
|
--
|
--
|
Net Profit Growth
42.02
Higher than Peers by 25.95
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
42.02
|
-82.76
|
120.78
|
-17.64
|
172.85
|
|
Peer Median
|
16.07
|
--
|
--
|
--
|
--
|
EPS Growth
66.13
Higher than Peers by 47.32
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
66.13
|
-0.81
|
1.42
|
-0.18
|
1.69
|
|
Peer Median
|
18.81
|
--
|
--
|
--
|
--
|
Book Value Growth
25.37
Higher than Peers by 11.30
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
25.37
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.27
Lower than Peers by 0.28
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
0.27
|
0.29
|
0.52
|
0.17
|
0.16
|
|
Peer Median
|
0.55
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
--
|
0.25
|
0.08
|
0.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
--
--
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
-0.81
|
151.17
|
336.05
|
65,702.18
|
|
Peer Median
|
2.81
|
--
|
--
|
--
|
--
|
Quick Ratio
--
--
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
-3.91
|
164.39
|
378.61
|
76,716.64
|
|
Peer Median
|
5.40
|
--
|
--
|
--
|
--
|
Interest Coverage
3.51
Lower than Peers by 2.15
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
3.51
|
3.56
|
2.67
|
0.13
|
0.36
|
|
Peer Median
|
5.66
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
1.07
Lower than Peers by 47.63
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
1.07
|
2.24
|
1.47
|
4.12
|
0.02
|
|
Peer Median
|
48.71
|
--
|
--
|
--
|
--
|
Asset Turnover
0.02
Lower than Peers by 0.10
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
0.02
|
0.02
|
0.05
|
0.05
|
0.05
|
|
Peer Median
|
0.12
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
10.07
|
10.76
|
7.55
|
251.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
-29,214.61
|
-8,187.19
|
-12,426.77
|
-18,884.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
621.05
|
563.72
|
350.51
|
240.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
-29,825.59
|
-8,740.14
|
-12,769.72
|
-18,872.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
27.41
Higher than Peers by 8.25
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
27.41
|
20.87
|
3.19
|
6.57
|
3.85
|
|
Peer Median
|
19.16
|
--
|
--
|
--
|
--
|
Price / Book Value
1.45
Lower than Peers by 0.48
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
1.45
|
1.45
|
1.23
|
0.57
|
0.39
|
|
Peer Median
|
1.93
|
--
|
--
|
--
|
--
|
Dividend Yield
0.67
Lower than Peers by 0.57
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
0.67
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.24
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
--
|
-30.82
|
-14.54
|
-146.04
|
-92.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
4,493
Higher than Peers by 3,101
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
American Equity Investment Life Holding Co (AEL)
|
4,493
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,392
|
--
|
--
|
--
|
--
|