ALLIANZ SE-REG (1ALV.MI) Stock Fundamental Analysis
BIT:1ALV - Borsa Italiana Milan - DE0008404005 - Common Stock - Currency: EUR
Taking everything into account, 1ALV scores 5 out of 10 in our fundamental rating. 1ALV was compared to 32 industry peers in the Insurance industry. 1ALV has only an average score on both its financial health and profitability. 1ALV has a correct valuation and a medium growth rate. Finally 1ALV also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year 1ALV was profitable.
In the past year 1ALV had a positive cash flow from operations.
In the past 5 years 1ALV has always been profitable.
In the past 5 years 1ALV always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.35%, 1ALV is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.34%, 1ALV belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 0.93%, 1ALV is doing worse than 60.00% of the companies in the same industry.
1ALV had an Average Return On Invested Capital over the past 3 years of 1.60%. This is in line with the industry average of 2.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 24.34% | ||
| ROIC | 0.93% |
ROA(3y)0.7%
ROA(5y)0.71%
ROE(3y)11.38%
ROE(5y)10.65%
ROIC(3y)1.6%
ROIC(5y)1.47%
1.3 Margins
1ALV has a Profit Margin (9.24%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of 1ALV has grown nicely.
1ALV's Operating Margin of 8.34% is on the low side compared to the rest of the industry. 1ALV is outperformed by 60.00% of its industry peers.
1ALV's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.34% | ||
| PM (TTM) | 9.24% | ||
| GM | N/A |
OM growth 3Y-31.32%
OM growth 5Y-15.72%
PM growth 3Y14.34%
PM growth 5Y3.03%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
1ALV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 1ALV has less shares outstanding
Compared to 5 years ago, 1ALV has less shares outstanding
Compared to 1 year ago, 1ALV has an improved debt to assets ratio.
2.2 Solvency
1ALV has an Altman-Z score of 0.28. This is a bad value and indicates that 1ALV is not financially healthy and even has some risk of bankruptcy.
1ALV has a Altman-Z score of 0.28. This is in the better half of the industry: 1ALV outperforms 80.00% of its industry peers.
The Debt to FCF ratio of 1ALV is 1.23, which is an excellent value as it means it would take 1ALV, only 1.23 years of fcf income to pay off all of its debts.
1ALV has a Debt to FCF ratio of 1.23. This is amongst the best in the industry. 1ALV outperforms 83.33% of its industry peers.
1ALV has a Debt/Equity ratio of 0.52. This is a neutral value indicating 1ALV is somewhat dependend on debt financing.
The Debt to Equity ratio of 1ALV (0.52) is better than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 1.23 | ||
| Altman-Z | 0.28 |
ROIC/WACC0.15
WACC6.12%
2.3 Liquidity
A Current Ratio of 0.05 indicates that 1ALV may have some problems paying its short term obligations.
1ALV has a Current ratio of 0.05. This is in the better half of the industry: 1ALV outperforms 66.67% of its industry peers.
1ALV has a Quick Ratio of 0.05. This is a bad value and indicates that 1ALV is not financially healthy enough and could expect problems in meeting its short term obligations.
1ALV has a better Quick ratio (0.05) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.93% over the past year.
Measured over the past 5 years, 1ALV shows a small growth in Earnings Per Share. The EPS has been growing by 2.98% on average per year.
Looking at the last year, 1ALV shows a small growth in Revenue. The Revenue has grown by 3.71% in the last year.
Measured over the past years, 1ALV shows a decrease in Revenue. The Revenue has been decreasing by -0.61% on average per year.
EPS 1Y (TTM)18.93%
EPS 3Y9.34%
EPS 5Y2.98%
EPS Q2Q%31.96%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-6.19%
Revenue growth 5Y-0.61%
Sales Q2Q%-26.43%
3.2 Future
The Earnings Per Share is expected to grow by 9.37% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.78% on average over the next years.
EPS Next Y19.82%
EPS Next 2Y14.77%
EPS Next 3Y12.46%
EPS Next 5Y9.37%
Revenue Next Year6.9%
Revenue Next 2Y4.3%
Revenue Next 3Y4.49%
Revenue Next 5Y3.78%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.71, 1ALV is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of 1ALV is on the same level as its industry peers.
When comparing the Price/Earnings ratio of 1ALV to the average of the S&P500 Index (28.47), we can say 1ALV is valued rather cheaply.
The Price/Forward Earnings ratio is 11.22, which indicates a very decent valuation of 1ALV.
1ALV's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1ALV is more expensive than 76.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. 1ALV is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.71 | ||
| Fwd PE | 11.22 |
4.2 Price Multiples
1ALV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1ALV is cheaper than 76.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1ALV indicates a somewhat cheap valuation: 1ALV is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.17 | ||
| EV/EBITDA | 8.41 |
4.3 Compensation for Growth
1ALV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
1ALV's earnings are expected to grow with 12.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)4.26
EPS Next 2Y14.77%
EPS Next 3Y12.46%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.37%, 1ALV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.01, 1ALV has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, 1ALV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.37% |
5.2 History
On average, the dividend of 1ALV grows each year by 6.10%, which is quite nice.
Dividend Growth(5Y)6.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ALV pays out 39.78% of its income as dividend. This is a sustainable payout ratio.
1ALV's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.78%
EPS Next 2Y14.77%
EPS Next 3Y12.46%
ALLIANZ SE-REG
BIT:1ALV (2/4/2025, 7:00:00 PM)
312.3
+0.6 (+0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners41.06%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap120.60B
Analysts75.83
Price Target335.23 (7.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.37% |
Yearly Dividend11.45
Dividend Growth(5Y)6.1%
DP39.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.58%
Min EPS beat(2)3.98%
Max EPS beat(2)9.18%
EPS beat(4)2
Avg EPS beat(4)-2.61%
Min EPS beat(4)-18.73%
Max EPS beat(4)9.18%
EPS beat(8)3
Avg EPS beat(8)-1.39%
EPS beat(12)4
Avg EPS beat(12)-16.7%
EPS beat(16)7
Avg EPS beat(16)-8.35%
Revenue beat(2)2
Avg Revenue beat(2)24.3%
Min Revenue beat(2)22.14%
Max Revenue beat(2)26.46%
Revenue beat(4)4
Avg Revenue beat(4)81.66%
Min Revenue beat(4)22.14%
Max Revenue beat(4)144.79%
Revenue beat(8)6
Avg Revenue beat(8)58.74%
Revenue beat(12)9
Avg Revenue beat(12)50.81%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.6%
PT rev (3m)7.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.19%
EPS NY rev (1m)0.66%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.69%
Revenue NY rev (1m)6.1%
Revenue NY rev (3m)6.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.71 | ||
| Fwd PE | 11.22 | ||
| P/S | 0.82 | ||
| P/FCF | 5.17 | ||
| P/OCF | 4.72 | ||
| P/B | 2.17 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 8.41 |
EPS(TTM)24.57
EY7.87%
EPS(NY)27.85
Fwd EY8.92%
FCF(TTM)60.46
FCFY19.36%
OCF(TTM)66.22
OCFY21.21%
SpS378.79
BVpS143.75
TBVpS94.54
PEG (NY)0.64
PEG (5Y)4.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.35% | ||
| ROE | 24.34% | ||
| ROCE | 1.25% | ||
| ROIC | 0.93% | ||
| ROICexc | 0.96% | ||
| ROICexgc | 1.23% | ||
| OM | 8.34% | ||
| PM (TTM) | 9.24% | ||
| GM | N/A | ||
| FCFM | 15.96% |
ROA(3y)0.7%
ROA(5y)0.71%
ROE(3y)11.38%
ROE(5y)10.65%
ROIC(3y)1.6%
ROIC(5y)1.47%
ROICexc(3y)1.64%
ROICexc(5y)1.5%
ROICexgc(3y)2.09%
ROICexgc(5y)1.88%
ROCE(3y)2.15%
ROCE(5y)1.97%
ROICexcg growth 3Y-32.57%
ROICexcg growth 5Y-16.72%
ROICexc growth 3Y-33.49%
ROICexc growth 5Y-17.41%
OM growth 3Y-31.32%
OM growth 5Y-15.72%
PM growth 3Y14.34%
PM growth 5Y3.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 1.23 | ||
| Debt/EBITDA | 1.99 | ||
| Cap/Depr | 100.86% | ||
| Cap/Sales | 1.52% | ||
| Interest Coverage | 8.51 | ||
| Cash Conversion | 177.44% | ||
| Profit Quality | 172.76% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | 0.28 |
F-Score5
WACC6.12%
ROIC/WACC0.15
Cap/Depr(3y)74.78%
Cap/Depr(5y)70.47%
Cap/Sales(3y)1.63%
Cap/Sales(5y)1.48%
Profit Quality(3y)294.57%
Profit Quality(5y)356.07%
High Growth Momentum
Growth
EPS 1Y (TTM)18.93%
EPS 3Y9.34%
EPS 5Y2.98%
EPS Q2Q%31.96%
EPS Next Y19.82%
EPS Next 2Y14.77%
EPS Next 3Y12.46%
EPS Next 5Y9.37%
Revenue 1Y (TTM)3.71%
Revenue growth 3Y-6.19%
Revenue growth 5Y-0.61%
Sales Q2Q%-26.43%
Revenue Next Year6.9%
Revenue Next 2Y4.3%
Revenue Next 3Y4.49%
Revenue Next 5Y3.78%
EBIT growth 1Y-18.77%
EBIT growth 3Y-35.58%
EBIT growth 5Y-16.24%
EBIT Next Year10.86%
EBIT Next 3Y6.97%
EBIT Next 5YN/A
FCF growth 1Y25.55%
FCF growth 3Y-10.24%
FCF growth 5Y-2.03%
OCF growth 1Y27.34%
OCF growth 3Y-8.87%
OCF growth 5Y-1.32%