WallStSmart

Aspen Insurance Holdings Limited (AHL)vsThe Allstate Corporation (ALL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

The Allstate Corporation generates 2018% more annual revenue ($67.68B vs $3.19B). ALL leads profitability with a 15.2% profit margin vs 12.9%. AHL trades at a lower P/E of 4.9x. ALL earns a higher WallStSmart Score of 87/100 (A).

AHL

Hold

50

out of 100

Grade: D+

Growth: 4.7Profit: 5.5Value: 7.0Quality: 6.8
Piotroski: 4/9Altman Z: 1.53

ALL

Exceptional Buy

87

out of 100

Grade: A

Growth: 7.3Profit: 8.5Value: 10.0Quality: 6.5
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AHLUndervalued (+12.5%)

Margin of Safety

+12.5%

Fair Value

$42.70

Current Price

$37.50

$5.20 discount

UndervaluedFair: $42.70Overvalued
ALLUndervalued (+88.5%)

Margin of Safety

+88.5%

Fair Value

$1781.21

Current Price

$204.71

$1576.50 discount

UndervaluedFair: $1781.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHL3 strengths · Avg: 10.0/10
P/E RatioValuation
4.9x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

ALL6 strengths · Avg: 9.7/10
PEG RatioValuation
0.4510/10

Growing faster than its price suggests

P/E RatioValuation
5.4x10/10

Attractively priced relative to earnings

Return on EquityProfitability
39.5%10/10

Every $100 of equity generates 40 in profit

EPS GrowthGrowth
103.2%10/10

Earnings expanding 103.2% YoY

Market CapQuality
$53.13B9/10

Large-cap with strong market position

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

Areas to Watch

AHL3 concerns · Avg: 2.7/10
Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

EPS GrowthGrowth
-79.7%2/10

Earnings declined 79.7%

Free Cash FlowQuality
$-5.50M2/10

Negative free cash flow — burning cash

ALL0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : AHL

The strongest argument for AHL centers on P/E Ratio, Price/Book, Debt/Equity.

Bull Case : ALL

The strongest argument for ALL centers on PEG Ratio, P/E Ratio, Return on Equity. Profitability is solid with margins at 15.2% and operating margin at 29.0%. PEG of 0.45 suggests the stock is reasonably priced for its growth.

Bear Case : AHL

The primary concerns for AHL are Altman Z-Score, EPS Growth, Free Cash Flow.

Bear Case : ALL

No major red flags identified for ALL, but monitor valuation.

Key Dynamics to Monitor

AHL profiles as a value stock while ALL is a mature play — different risk/reward profiles.

ALL is growing revenue faster at 5.1% — sustainability is the question.

ALL generates stronger free cash flow (2.9B), providing more financial flexibility.

Monitor INSURANCE - PROPERTY & CASUALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ALL scores higher overall (87/100 vs 50/100), backed by strong 15.2% margins. Both earn "Exceptional Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Aspen Insurance Holdings Limited

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Aspen Insurance Holdings Limited, participates in insurance and reinsurance businesses in the United States and internationally. The company is headquartered in Hamilton, Bermuda.

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The Allstate Corporation

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois.

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