F&G Annuities & Life Inc. (FG) exhibits 45.0% gross margins and 5.2% return on invested capital within Financials (Life Insurance), balanced against a 11.1x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into — operating margin and 5.2% ROIC, outpacing sector cost of capital.
ROIC: 5.2% // GM: 45.0%YoY revenue trajectory of -0.2% paired with 2.80% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -0.2% // FCF YLD: 2.80%Altman Z-Score of 3.80 and Piotroski F-Score of 4/9 indicate low near-term refinancing stress.
ALTMAN Z: 3.80 // F-SCORE: 4/9Trading at 11.1x trailing P/E (10.3x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 11.1x // EV/EBITDA: —Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $21.05 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Life Insurance require continuous execution to defend 4.3% net margins.
NET MARGIN: 4.3% // D/E: 0.45x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for FG & activate live FRED threshold breach alerts.