Looking At Athene Holding Ltd (NYSE:ATH) From All Angles
Athene Holding Ltd (NYSE:ATH) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ATH, it is a company that has been able to sustain great financial health, trading at an attractive share price. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Athene Holding here.
Very undervalued with adequate balance sheet
ATH’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that ATH has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. ATH’s has produced operating cash levels of 2.2x total debt over the past year, which implies that ATH’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings. ATH’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. Investors have the opportunity to buy into the stock to reap capital gains, if ATH’s projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Also, relative to the rest of its peers with similar levels of earnings, ATH’s share price is trading below the group’s average. This bolsters the proposition that ATH’s price is currently discounted.
Next Steps:
For Athene Holding, I’ve put together three key aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for ATH’s future growth? Take a look at our free research report of analyst consensus for ATH’s outlook.
Historical Performance: What has ATH’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ATH? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
