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The historical rank and industry rank for Horace Mann Educators's Net Cash per Share or its related term are showing as below:
HMN's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 7.06 * Ranked among companies with meaningful Price-to-Net-Cash only.
Horace Mann Educators (NYSE:HMN) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Horace Mann Educators Net Cash per Share Related Terms
Horace Mann Educators Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Horace Mann Educators's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HMN vs STC, PRCH, HCI: Net Cash per Share Comparison
For the Insurance - Property & Casualty subindustry, Horace Mann Educators's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Horace Mann Educators Price-to-Net-Cash vs Insurance Industry
For the Insurance industry and Financial Services sector, Horace Mann Educators's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Horace Mann Educators's Price-to-Net-Cash falls into.
Horace Mann Educators Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Horace Mann Educators's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Horace Mann Educators (HMN) has a Net Cash per Share of $-335.75 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Horace Mann Educators and its competitors. According to the industry distribution chart, Horace Mann Educators ranks #999999 out of 47 companies in the Insurance industry.
Is Horace Mann Educators' Net Cash per Share too high?
Horace Mann Educators' current Net Cash per Share is $-335.75. Based on the distribution chart, Horace Mann Educators ranks #999999 out of 47 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Horace Mann Educators has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Horace Mann Educators' Net Cash per Share compare to STC and PRCH?
According to the Insurance industry distribution chart, Horace Mann Educators ranks #999999 out of 47 companies for Net Cash per Share. This places Horace Mann Educators in the lower half of its industry. The industry median Net Cash per Share is 7.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Insurance company?
The median Net Cash per Share among Insurance companies is 7.06, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Horace Mann Educators and its competitors. For the Insurance industry, the median Net Cash per Share is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horace Mann Educators's current Net Cash per Share is $-335.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horace Mann Educators stock overvalued right now?
Based on GuruFocus' analysis, Horace Mann Educators (HMN) is currently considered Fairly Valued. The stock's GF Value™ is $47.54, compared to a current price of $48.77 — trading 2.6% above its estimated fair value. The current Net Cash per Share is $-335.75. Horace Mann Educators' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Horace Mann Educators (HMN), the current Net Cash per Share is $-335.75 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Horace Mann Educators (HMN) Overvalued in 2026?
Based on GuruFocus' analysis, Horace Mann Educators stock appears to be overvalued.
The current stock price of $48.77 is trading 2.6% above its estimated GF Value™ of $47.54.
GuruFocus considers Horace Mann Educators to be Fairly Valued.
Key valuation signals for HMN:
Net Cash per Share: $-335.75
GF Value™: $47.54 vs. price of $48.77 (2.6% above fair value)
No single metric tells the full story. See the HMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The Company conducts and manages its business in four reporting segments: (1) Property & Casualty, (2) Life & Retirement, (3) Supplemental & Group Benefits and (4) Corporate & Other.
75GF Score
Get the complete analysis for HMN
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