The Hanover Insurance Group, Inc.

The Hanover Insurance Group, Inc.

THGยทNYSE

$186.35

+0.68%
Financial ServicesInsurance - Property & Casualty

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

At a Glance

Live Snapshot
Market Cap$6.52B
EPS18.5100
P/E Ratio10.07
Earnings Date07/29/2026
The Hanover Insurance Group, Inc.

The Hanover Insurance Group, Inc. Fair Value Envelope

THG ยท NYSE

Our analysis suggests that THG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $186.35, this represents a potential HIDDEN relative to our calculated worth for The Hanover Insurance Group, Inc..

Intrinsic Value
Current Price: $186.35

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$528.8B
+ Cash & Equivalents$1.1B
Firm Value$529.9B
- Debt$1.2B
Equity Value$528.7B
/ Shares Outstanding35,583,964B
DCF Value$14.9K
UNDERVALUED BY 7873%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.7B
$2.5B
$3.7B
$5.5B
$8.1B
$11.9B
$17.5B
$25.7B
$37.8B
$55.5B
Maintenance CapEx
-$2.3M
-$3.3M
-$4.9M
-$7.2M
-$10.6M
-$15.5M
-$22.8M
-$33.6M
-$49.4M
-$72.6M
Owner Earnings
$1.7B
$2.5B
$3.7B
$5.5B
$8.1B
$11.9B
$17.5B
$25.7B
$37.7B
$55.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.6B
$2.2B
$3.0B
$4.0B
$5.5B
$7.5B
$10.2B
$13.9B
$18.9B
$25.7B
Terminal Value represents 82.5% of Enterprise Value