Stock fact sheet · data as of
Unum Group (UNM): fair value, margin of safety and Wheel Score
Ticker symbol UNM · Financial Services · Insurance - Life · United States · Value
Is UNM undervalued?
At 74.79 (close of 5 Nov 2026), UNM trades within a few percent of the GLS average fair value of 74.48 (exactly at fair value). 9 models produced a value and they split 2 above the price to 7 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
The 9 models disagree widely: GLS Growth gives 0.7697 while DCF gives 226.67. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, UNM is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 38, growth score 15, out of 100).
Nine valuation models for UNM
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 226.67 | +203% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 48.39 | -35% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 49.04 | -34% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 18.56 | -75% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.7697 | -99% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 217.48 | +191% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 63.97 | -14% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 28.40 | -62% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 17.04 | -77% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -324.61 | -534% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 101.71 | +36% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - UNM passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 7.4 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are thin or negative - ROIC 4.9%, ROE 6.6%, ROA 1.2% - with debt at 0.35 times equity and a free-cash-flow yield of 13.7%.
The dividend yield is 2.58% at a payout ratio of 127%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Unum US 62%, Colonial Life 16%, Closed Block 13% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 4.9% |
|---|---|---|---|
| GLS Moat | 7.4 / 10 | ROE | 6.6% |
| Debt / equity | 0.35 | ROA | 1.2% |
| Free-cash-flow yield | 13.7% | Payout ratio | 127% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 41: Weak
UNM scores 41 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 3, below fair value - trades right at our fair value, and the parts are thin too - value weak, premium good, moat good, health good, red flags good, option trading strong, stability good. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 31% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. The option chain is deep: 98,758 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 10.1M shares a day on a market cap of $11.8B, with a beta of 0.24 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% above fair value | |
| Premium | Good | implied volatility 31% | |
| Moat | Good | moat 7.4/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Good | Red Flags score 80/100 | |
| Option trading | Strong | 39,501 contracts a day, 98,758 open interest | |
| Stability | Good | beta 0.24, $11.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Feb 2027, 89 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Life
The 12 companies below are the closest to Unum Group by market cap within the Insurance - Life industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| UNMA Unum Group 6.250% JR NT58 | 19.80 | 61.51 | +68% | 28No options | $11.8B |
| GL Globe Life Inc. | 161.72 | 272.27 | +41% | 47Weak | $12.4B |
| VOYA Voya Financial, Inc. | 104.63 | 193.08 | +46% | 87Prime | $9.5B |
| JXN Jackson Financial Inc. | 137.35 | 479.49 | +71% | 84Good | $9.3B |
| PRI Primerica, Inc. | 284.54 | 432.81 | +34% | 48Weak | $8.8B |
| LNC Lincoln National Corporation | 41.60 | 151.08 | +72% | 52Fair | $8.0B |
| PRH Prudential Financial, Inc. 5.95 | 21.10 | 151.61 | +86% | 35No options | $7.3B |
| PRS Prudential Financial, Inc. 5.62 | 19.78 | 150.21 | +87% | 36No options | $6.8B |
| CNO CNO Financial Group, Inc. | 57.73 | 87.53 | +34% | 46Weak | $5.3B |
| ATHS Athene Holding Ltd. 7.250% Fixe | 23.28 | 118.56 | +80% | 27No options | $4.5B |
| PUK Prudential plc | 26.39 | 54.39 | +51% | 49Weak | $32.3B |
| FGN F&G Annuities & Life, Inc. | 22.80 | 173.87 | +87% | 30No options | $4.1B |
⚖ Compare UNM with 7 of them All Financial Services stocks →
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about UNM
Is UNM undervalued right now?
Not meaningfully: at 74.79 the stock trades within a few percent of the GLS average fair value of 74.48 (exactly at fair value, data as of 5 Nov 2026).
What is the Wheel Score of UNM and what does it mean?
UNM scores 41 out of 100 (Weak) - it fails Wheel Trade Filter 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for UNM?
74.48 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Unum Group report earnings next?
The next earnings report is due on 2 Feb 2027, 89 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does UNM have listed options, and how liquid are they?
Yes. The nightly snapshot found 94 listed contracts with 98,758 open interest across all expiries and implied volatility of 31% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.