 | About Realstockvalue |
|
| The RSVX is our stock portfolio. We started the portfolio on January 2010 and we will measure the performance against the S & P 500. Click here to read more about the RSVX and the underlying stocks. |
| We try to continuously improve our valuation calculation. If you have suggestions to improve the valuations or you think our valuations are erroneaous, please discuss the valuations on the messageboard |
On a weekly basis we create a newsletter, which includes an overview of the most undervalued stocks and an overview of new stock analyses. This newsletter is completely free and you can subscribe by entering your e-mail address below.
|
| | Stancorp Financial Group
Description of the Business
Stancorp is a a holding company for insurance and asset management subsidiaries. The insurance business offer group and individual disability insurance, group life and accidental death and dismemberment insurance, and group dental insurance.
The asset management business offer full-service 401(k) plans, 457 plans, defined benefit plans, money purchase pension plans, profit sharing plans, 403(b) plans and non-qualified deferred compensation products and services through an affiliated broker-dealer.
Analysis of Competitors
Its competitors are:
- Aegon N.V. (ADR)
- Prudential Financial, Inc
- Principal Financial Group
- Berkshire Hathaway
- American National Insurance Company
- Delphi Financial Group
- Genworth Financial, Inc
Competitive Advantages
As a financial organization it is difficult to differentiate from competitors. Insurance Companies are competing on price and services.
A very important critical success factor is risk management.
An insurance company can achieve lower prices (lower interest rates on loans) compared to competitors by having lower funding costs for
example because high credit ratings. Another important differentiator is the perceived trust customers have in an insurance company.
Financial Analysis
The risk based capital is more than 300% of the level required by regulators.
The book value is about $30.
Risks
Management Team
Valuation Calculation
|
