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Allstate Corp (The)

Exchange: NYSESector: Financial ServicesIndustry: Insurance - Property & Casualty

The Allstate NACDA Good Works Team was established in 2024 to recognize male and female student-athletes annually across all sports and divisions for their leadership in community service, academics and athletics. The initiative surpassed 500 nominees during its inaugural year. Past honorees include women's basketball center Audi Crooks, who launched the Audi Crooks Foundation in 2025 to provide financial assistance and resources to youth engaged in education, athletics and arts programming; Loyola Chicago goalkeeper Aidan Crawford, who founded Special Olympics Loyola University Chicago to support adults with disabilities; Penn State golfer Jami Morris, who launched Hit Fore Hope, a cancer research fundraiser; and Auburn gymnast Sophia Groth, who supported student parents through nonprofit advocacy with Baby Steps. These student-athletes were recognized as Allstate NACDA Good Works Team captains for their leadership and dedication. About Allstate's Impact Through Collegiate Athletics Allstate's longstanding support of collegiate athletics is part of its commitment to empowering young people to lead in their communities. Allstate has been a proud member of the college athletics community for over 20 years through its university and conference sponsorships, academic scholarships, and community impact initiatives. Since 2005, the Allstate Good Hands Nets program has raised millions of dollars in scholarships with every field goal and extra point scored. Allstate recently increased donations per kick, funding more scholarships for student-athletes across all sports. Since 2008, the Allstate Good Works Teams have honored hundreds of student-athletes for their service off the field, supporting causes such as youth empowerment and hunger relief. Allstate is the title sponsor of the Allstate Sugar Bowl, one of the premier events in college football. About NACDA Now in its 61st year, NACDA is the professional and educational Association for more than 24,000 college athletics administrators at more than 2,300 institutions throughout the United States, Canada and Mexico. NACDA manages 19 professional associations and four foundations. In addition to virtual programming, NACDA hosts and/or has a presence at seven major professional development events in-person annually. The NACDA & Affiliates Convention is the largest gathering of collegiate athletics administrators in the country.

Current Price

$221.98

-1.16%

GoodMoat Value

$1279.88

476.6% undervalued
Profile
Valuation (TTM)
Market Cap$57.61B
P/E4.79
EV$61.18B
P/B1.88
Shares Out259.54M
P/Sales0.85
Revenue$68.17B
EV/EBITDA3.93

Allstate Corp (The) (ALL) Valuation

GoodMoat Analysis

Based on data as of March 26, 2026

Allstate appears deeply undervalued based on the GoodMoat Target, offering a massive margin of safety. Its single-digit P/E is extremely low compared to its own profitability and the broader market. However, this valuation must be weighed against the company's business quality and the cyclical nature of the insurance industry.

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The valuation assessment reveals a stark contrast. The current price of $204.71 is dramatically below the GoodMoat Target of $2,256.54, implying a margin of safety of approximately 91%. This far exceeds the 40% threshold for 'Deeply Undervalued' in the framework's DCF bands. Supporting this, the forward P/E of 5.3 is exceptionally low, especially for a company with a 33.6% ROE and a 30.9% operating margin. This multiple is typically associated with distressed or no-growth businesses, not one generating an 18.4% free cash flow yield. On a pure price-to-earnings basis, the stock looks cheap relative to both its own fundamentals and the broader S&P 500 average. However, a value investor must contextualize this. Insurance is a cyclical and regulated sector where earnings can be volatile due to catastrophic claims. The low P/E may reflect market skepticism about the sustainability of current profitability or concerns about future underwriting results. Therefore, while the quantitative valuation signals are overwhelmingly favourable, they necessitate a rigorous pass through the framework's earlier gates concerning moat durability and quality indicators to understand the business risk behind the cheap price.

ALL Fair Value Estimate

$1279.88476.6% undervalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

ALL Valuation Metrics

FCF$9.88B
FCF Growth Rate13.20%
EPS Growth (CAGR)13.35%
WACC10.00%

ALL Valuation & Fair Value Analysis

Allstate Corp (The) (ALL) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for Allstate Corp (The) is $1279.88. The current stock price is $221.98, suggesting the stock is 476.6% undervalued.

The price-to-earnings (P/E) ratio is 4.79. Price-to-book ratio is 1.88. Price-to-sales ratio is 0.85. Enterprise value to EBITDA is 3.93. PEG ratio is 0.01.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Allstate Corp (The)'s intrinsic value.