WallStSmart

The Allstate Corporation (ALL)vsHeritage Insurance Hldgs Inc (HRTG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

The Allstate Corporation generates 7935% more annual revenue ($68.17B vs $848.47M). HRTG leads profitability with a 23.8% profit margin vs 17.8%. HRTG trades at a lower P/E of 3.4x. ALL earns a higher WallStSmart Score of 77/100 (B+).

ALL

Strong Buy

77

out of 100

Grade: B+

Growth: 6.7Profit: 8.0Value: 6.3Quality: 5.5
Piotroski: 5/9Altman Z: 1.42

HRTG

Strong Buy

70

out of 100

Grade: B

Growth: 6.0Profit: 8.5Value: 6.7Quality: 5.5
Piotroski: 5/9Altman Z: 1.02

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALL6 strengths · Avg: 9.3/10
P/E RatioValuation
4.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
38.4%10/10

Every $100 of equity generates 38 in profit

EPS GrowthGrowth
338.4%10/10

Earnings expanding 338.4% YoY

Market CapQuality
$54.18B9/10

Large-cap with strong market position

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

HRTG6 strengths · Avg: 9.3/10
P/E RatioValuation
3.4x10/10

Attractively priced relative to earnings

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Return on EquityProfitability
38.7%10/10

Every $100 of equity generates 39 in profit

Profit MarginProfitability
23.8%9/10

Keeps 24 of every $100 in revenue as profit

Debt/EquityHealth
0.199/10

Conservative balance sheet, low leverage

Operating MarginProfitability
23.9%8/10

Strong operational efficiency at 23.9%

Areas to Watch

ALL3 concerns · Avg: 3.3/10
PEG RatioValuation
2.484/10

Expensive relative to growth rate

Revenue GrowthGrowth
3.0%4/10

3.0% revenue growth

Altman Z-ScoreHealth
1.422/10

Distress zone — elevated risk

HRTG3 concerns · Avg: 3.0/10
Revenue GrowthGrowth
0.5%4/10

0.5% revenue growth

Market CapQuality
$670.86M3/10

Smaller company, higher risk/reward

Altman Z-ScoreHealth
1.022/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ALL

The strongest argument for ALL centers on P/E Ratio, Return on Equity, EPS Growth. Profitability is solid with margins at 17.8% and operating margin at 19.0%.

Bull Case : HRTG

The strongest argument for HRTG centers on P/E Ratio, Price/Book, Return on Equity. Profitability is solid with margins at 23.8% and operating margin at 23.9%.

Bear Case : ALL

The primary concerns for ALL are PEG Ratio, Revenue Growth, Altman Z-Score.

Bear Case : HRTG

The primary concerns for HRTG are Revenue Growth, Market Cap, Altman Z-Score.

Key Dynamics to Monitor

HRTG carries more volatility with a beta of 0.92 — expect wider price swings.

ALL is growing revenue faster at 3.0% — sustainability is the question.

ALL generates stronger free cash flow (3.5B), providing more financial flexibility.

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

Bottom Line

ALL scores higher overall (77/100 vs 70/100), backed by strong 17.8% margins. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

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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Heritage Insurance Hldgs Inc

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Heritage Insurance Holdings, Inc. provides residential personal and commercial insurance products. The company is headquartered in Clearwater, Florida.

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