UNM · Intrinsic value
Is Unum Group (UNM) overvalued or undervalued?
As of Oct 19, 2026, TickerWorth's valuation lenses put Unum Group (UNM) at $45.85 – $183.51, too broad a range to say where the delayed market price of $91.77 sits in it, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made
What is UNM worth?
- Fair-value range
- $45.85 – $183.51
- Market price
- $91.77
- Gap to fair value
- —
- Verdict
- Too wide to call
Reverse DCF: Today's price implies revenue growth of −5.0% a year for 5 years; our model assumes 2.2% a year on average over the same horizon.
What is UNM's TickerWorth Score?
Scores lower than most companies we compare it with
Compared with Financial Services companies in US
Its strongest point: recent price trend has been strong. Its weakest: profitability is weak.
- Value · 49 of 100
Cheaper than 49% of Financial Services companies in US
- Price vs worth · 40 of 100
- Quality · 14 of 100
More profitable than 14% of Financial Services companies in US
- Financial health · 56 of 100
Financially stronger than 56% of Financial Services companies in US
- Growth · 40 of 100
Growing faster than 40% of Financial Services companies in US
- Momentum · 85 of 100
Outperformed 85% of Financial Services companies in US over the past year
Confidence: Low confidence · Scored
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Why UNM gets a range, not one number
At a recent price of $91.77, Unum Group (UNM) sits inside a range too wide to call either way: our valuation lenses put the business somewhere between $45.85 and $183.51 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.
Read the full reasoning
The valuation discounts Unum Group's projected free cash flows at a weighted-average cost of capital (WACC) of 6.7%, with a long-run terminal growth rate of 2.5%. About 83% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly -5.0% annual revenue growth for UNM. Our base case instead compounds to about 2.2% a year over the same forecast, so the market is pricing in slower growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, UNM's modeled DCF value ranges from about $79.09 to $348.68 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Unum Group would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of UNM's intrinsic value. Figures update as new filings and prices come in.
Every input behind UNM's DCF
| Input | Value |
|---|---|
| Base-year revenueUnum Group FY2025 10-K (accession 0000005513-26-000008): us-gaap:Revenues, FY2025 full year. | $13,075,500,000 |
| Base EBIT marginUnum Group FY2013 10-K (accession 0000005513-14-000008): us-gaap:OperatingIncomeLoss 1,241,800,000 / revenue 13,075,500,000 = 9.50%, FY2025. | 9.5% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 0% → 1% → 2% → 3% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.1% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.40 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesUnum Group FY2025 10-K (accession 0000005513-26-000008): WeightedAverageNumberOfDilutedSharesOutstanding = 172,921,600 shares, FY2025. | 173M |
| Market priceDelayed quote · as of 2026-10-19 21:02 UTC | $91.77 |
Change UNM's assumptions
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What does Unum Group do?
What does it do?
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. It operates in the Insurance - Life industry (Financial Services sector), headquartered in United States. The company employs roughly 10,684 people.
How does it make money?
The business turns $13.1B in annual revenue into profit. Out of every $100 of sales, about $11 is left as operating profit (operating margin of 11.4%), after a 29% gross margin on the products/services it sells. After all costs, taxes and interest, 5.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.4× equity), comfortably covers its short-term bills (17.3× current ratio), and is currently profitable.
Who at UNM filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Rice Walter Lynn JR | SVP, Chief Accounting Officer | Open-market sale | $206,361.22 | Form 4 for Rice Walter Lynn JR (opens sec.gov in a new tab) | |
| Rice Walter Lynn JR | SVP, Chief Accounting Officer | Gift | — | Form 4 for Rice Walter Lynn JR (opens sec.gov in a new tab) | |
| Keaney Timothy F | Director | Open-market sale | $404,286.00 | Form 4 for Keaney Timothy F (opens sec.gov in a new tab) | |
| IGLESIAS LISA G | EVP, General Counsel | Open-market sale | $377,746.80 | Form 4 for IGLESIAS LISA G (opens sec.gov in a new tab) | |
| Walker Andrew D | EVP, Chief Cust. Ops. Officer | Shares withheld (tax) | $156,634.09 | Form 4 for Walker Andrew D (opens sec.gov in a new tab) | |
| O HANLEY RONALD P | Director | Grant / award | — | Form 4 for O HANLEY RONALD P (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is UNM's intrinsic value?
TickerWorth's valuation lenses put Unum Group (UNM) between $45.85 and $183.51 per share, versus a market price of $91.77. They disagree too widely for us to state a single fair value, so we publish the range.
Is UNM overvalued or undervalued?
At $91.77 the price sits inside a range too wide to call either way. We don't call UNM overvalued or undervalued from a range this wide. This is an educational estimate, not advice.
What discount rate is used for UNM?
A WACC of 6.7% and a terminal growth rate of 2.5%.
Is Unum Group stock undervalued?
TickerWorth's fair-value range for Unum Group (UNM) is $45.85 – $183.51 against a market price of $91.77. Too wide to call. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.
Unum Group (UNM) DCF valuation and fair value
Our fair-value range for Unum Group (UNM) is $45.85 – $183.51, built on a 6.7% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Unum Group stock?
Today's price implies revenue growth of −5.0% a year for 5 years; our model assumes 2.2% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $91.77. A model estimate, not investment advice.
Unum Group (UNM) insider trading
The most recent insider filing (SEC Form 4) for Unum Group (UNM): Rice Walter Lynn JR, SVP, Chief Accounting Officer, open-market sale on 2026-09-10. The latest filings are listed on this page. A disclosure, not a signal to trade.
Other ways into the coverage
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.