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Company Description

Contact Info

230 Park Avenue

New York, NY 10169

United States

Phone: 212-309-8200

Fax:

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company offers its products and services through a group of financial intermediaries, independent producers, affiliated advisors, and dedicated sales specialists throughout the United States. Businesses The company operates its principal businesses through two business lines, Retirement and Investment Solutions, and Insurance Solutions. Retirement Solutions The company’s Retirement and Investment Solutions business provides its products and services through three segments, including Retirement, Annuities and Investment Management. Retirement Retirement is focused on meeting the needs of individuals in preparing for and sustaining a secure retirement through employer-sponsored plans and services, as well as through individual account rollover plans and comprehensive financial product offerings, and planning and advisory services. The company’s Institutional Retirement Plans business offers tax-deferred employer-sponsored retirement savings plan and administrative services to corporations of all sizes, public and private school systems, higher education institutions, state and local governments, hospitals and healthcare facilities and not-for-profit organizations. The company also offers stable value products and pension risk transfer solutions to institutional plan sponsors where it might or might not be providing defined contribution products and services. In the defined contribution market, the company provides services to approximately 47,000 plan sponsors covering approximately 4.5 million plan participant accounts as of December 31, 2015. The company’s Retail Wealth Management business, which focuses on the rapidly expanding retiree market, as well as on pre-retirees and its defined contribution plan participants, offers retail financial products and comprehensive advice services to help individuals manage their retirement savings and income needs. The company’s Retirement segment earns revenue principally from asset and participant-based advisory and record-keeping fees. The company’s Investment Management business also earns arm’s-length market-based fees from the management of the general account and mutual fund assets supporting Institutional Retirement Plans and Retail Wealth Management rollover products. Institutional Retirement Plans Products and Services: The company offers tax-deferred institutional retirement savings plans (utilizing U.S. tax-advantaged savings vehicles for tax-advantaged retirement savings) services and support to the full spectrum of businesses, ranging from small to mega-sized plans and across all markets. These plans might either be offered as full service or recordkeeping only service products. It also offers stable value investment options and pension risk transfer solutions to institutional clients. Full-service retirement products provide recordkeeping and plan administration services, tailored participant communication and education programs, trustee services and institutional and retail investments. These include various investment and administrative products for defined contribution plans for tax-advantaged retirement savings, as well as nonqualified executive benefit plans and employer stock option plans. Plan sponsors may select from various investment structures and products, such as general account, separate account, mutual funds, stable value or collective investment trusts and various underlying asset types (including their own employer stock) to best meet the needs of their employees. A selection of funds is available for the company’s products in all asset categories from approximately 100 fund companies, including the Voya family of mutual funds managed by its Investment Management business. The company’s full-service retirement plan offerings are also supported by financial planning and investment advisory services offered through its Retail Wealth Management business or through third parties (Morningstar) to help prepare individuals for retirement through customer-focused personalized and objective investment advice. Record

 

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Valuation VOYA Industry Range
Price/Earnings 21.4x
Price/Sales 0.5x
Price/Book 0.4x
Price/Cash Flow 20.1x
TEV/Sales NM Not Meaningful
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