Independence (NYSE:IHC) and AIA Group (OTCMKTS:AAGIY) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, profitability, analyst recommendations, institutional ownership and dividends.
Independence pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. AIA Group pays an annual dividend of $0.61 per share and has a dividend yield of 1.1%. Independence has increased its dividend for 3 consecutive years.
This table compares Independence and AIA Group’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Independence||$374.45 million||1.74||$12.40 million||N/A||N/A|
|AIA Group||$47.24 billion||3.42||$6.65 billion||N/A||N/A|
AIA Group has higher revenue and earnings than Independence.
This table compares Independence and AIA Group’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional and Insider Ownership
20.3% of Independence shares are held by institutional investors. Comparatively, 0.4% of AIA Group shares are held by institutional investors. 7.2% of Independence shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Risk and Volatility
Independence has a beta of 0.72, suggesting that its stock price is 28% less volatile than the S&P 500. Comparatively, AIA Group has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500.
This is a breakdown of current ratings and target prices for Independence and AIA Group, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Independence beats AIA Group on 6 of the 11 factors compared between the two stocks.
Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products; pet insurance; and occupational accident insurance products, such as accidental death, accident disability, and accident medical benefits for occupational injuries to employees of companies. In addition, the company offers group long-term and short-term disability products to employers; New York short-term disability plan that offers temporary cash payments to replace wages lost; and group term life products, such as group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. Further, it provides medicare supplements and advantages; employer group and individual insurance products, including self-funded programs; and affordable care act plans. Independence Holding Company markets its products through general agents, independent brokers, and independent producers. The company was incorporated in 1980 and is headquartered in Stamford, Connecticut.
About AIA Group
AIA Group Limited provides insurance products and services. The company offers life, medical, accident protection, critical illness protection, and disability protection insurance products, as well as savings plans for individuals; and employee benefit, credit insurance, retirement, and regional solutions for businesses. It also distributes investment and other financial services products. The company distributes its products and services through agents and partners. It operates in Hong Kong, Macau, Thailand, Singapore, Brunei, Malaysia, Mainland China, Australia, New Zealand, Cambodia, Indonesia, Myanmar, the Philippines, South Korea, Sri Lanka, Taiwan, Vietnam, and India. AIA Group Limited was founded in 1919 and is headquartered in Central, Hong Kong.
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