Manifest Investing

Company	Ticker	Sector \| Industry	Quality	PAR
AFLAC	AFL	Financials \| Insurance - Life	87	10.5%

Current Price (01/27)			$61.89
CAPS Rating (Rate this stock on CAPS)

Expected Income Statement
Current Book Value			50.62
Book Value Growth Forecast			9.6%
Return on Equity			9.9%

Projected Shares Outstanding			640.00
EPS - Five year Forecast			$7.93
Average P/E Ratio			11.6
Projected Average Price			$92.42

Price Appreciation (Annualized)			8.3%
Annual Dividend Yield			2.2%
Projected Annual Return			10.5%

Quality
Financial Strength			93	23.1
EPS Stability			56	14.0
Industry Book Value Growth Rate			6.5%	18.5
Industry Return on Equity			9.0%	13.8
Calculated Quality Rating			69.4

Fool CAPS
Total Players 1910 Outperforms 84 Underperforms All-Stars (420) 402 Outperforms (96%) 18 Underperforms

Fundamental Data Updated: 12/31/2021

MIPAR	9.6%
Sweet Spot	14.6% - 19.6%

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 5.1%-10.1%
Yellow	PAR is above the target range of MIPAR +10%, currently 10.1%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.