Aflac Incorporated
—- Market cap
- —
- Debt
- +$8.41B
- Cash
- −$6.25B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: AFL stock price vs PNW: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PNW's multiple
Needs PNW P/E.
Implied fair value · at AFL's multiple
Needs AFL P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: AFL FY 2025 (ended Dec 31, 2025) · PNW FY 2025 (ended Dec 31, 2025).
Trendline
Eight fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 55% equity / 45% debt · EV / Revenue 4.05x · EV / EBITDA 16.84x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Aflac Incorporated · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
PINNACLE WEST CAPITAL CORP · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.29x
1.39x
Net debt / EBITDA
Leverage against operating earnings
0.46x
7.63x
Cash and equivalents
Liquid reserves on the balance sheet
$6.25B
$6.60M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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