ALLIANZ SE-REG (ALV.DE)
DE0008404005 - Common Stock
We assign a fundamental rating of 5 out of 10 to ALV. ALV was compared to 35 industry peers in the Insurance industry. ALV has an average financial health and profitability rating. ALV has a correct valuation and a medium growth rate. ALV also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ALV was profitable.
ALV had a positive operating cash flow in the past year.
Each year in the past 5 years ALV has been profitable.
In the past 5 years ALV always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ALV (1.37%) is better than 64.71% of its industry peers.
ALV's Return On Equity of 23.11% is amongst the best of the industry. ALV outperforms 91.18% of its industry peers.
ALV has a worse Return On Invested Capital (0.94%) than 61.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ALV is in line with the industry average of 2.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 23.11% | ||
| ROIC | 0.94% |
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
With a Profit Margin value of 9.24%, ALV perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
ALV's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.34%, ALV is doing worse than 61.76% of the companies in the same industry.
ALV'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
ALV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ALV has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALV has less shares outstanding
Compared to 1 year ago, ALV has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.29, we must say that ALV is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.29, ALV belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
The Debt to FCF ratio of ALV is 1.28, which is an excellent value as it means it would take ALV, only 1.28 years of fcf income to pay off all of its debts.
ALV has a better Debt to FCF ratio (1.28) than 85.29% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that ALV is somewhat dependend on debt financing.
The Debt to Equity ratio of ALV (0.51) is better than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 0.29 |
ROIC/WACC0.15
WACC6.32%
2.3 Liquidity
ALV has a Current Ratio of 0.05. This is a bad value and indicates that ALV is not financially healthy enough and could expect problems in meeting its short term obligations.
ALV has a better Current ratio (0.05) than 64.71% of its industry peers.
ALV has a Quick Ratio of 0.05. This is a bad value and indicates that ALV is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.05, ALV is in the better half of the industry, outperforming 64.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
ALV shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.30%.
Measured over the past 5 years, ALV shows a small growth in Earnings Per Share. The EPS has been growing by 2.98% on average per year.
ALV shows a small growth in Revenue. In the last year, the Revenue has grown by 3.07%.
The Revenue has been decreasing by -0.61% on average over the past years.
EPS 1Y (TTM)6.3%
EPS 3Y9.34%
EPS 5Y2.98%
EPS Q2Q%10.18%
Revenue 1Y (TTM)3.07%
Revenue growth 3Y-6.19%
Revenue growth 5Y-0.61%
Sales Q2Q%-39.81%
3.2 Future
Based on estimates for the next years, ALV will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.75% on average per year.
ALV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.71% yearly.
EPS Next Y18.84%
EPS Next 2Y14.11%
EPS Next 3Y11.55%
EPS Next 5Y9.75%
Revenue Next Year6.88%
Revenue Next 2Y4.21%
Revenue Next 3Y4.26%
Revenue Next 5Y2.71%
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
The Price/Earnings ratio is 12.53, which indicates a correct valuation of ALV.
Based on the Price/Earnings ratio, ALV is valued a bit more expensive than the industry average as 67.65% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 30.52, ALV is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.44, the valuation of ALV can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALV indicates a slightly more expensive valuation: ALV is more expensive than 70.59% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of ALV to the average of the S&P500 Index (21.99), we can say ALV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.53 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALV indicates a somewhat cheap valuation: ALV is cheaper than 70.59% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ALV is valued cheaper than 85.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.81 | ||
| EV/EBITDA | 7.83 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.66
PEG (5Y)4.2
EPS Next 2Y14.11%
EPS Next 3Y11.55%
5. Dividend
5.1 Amount
ALV has a Yearly Dividend Yield of 4.85%, which is a nice return.
ALV's Dividend Yield is comparable with the industry average which is at 5.36.
Compared to an average S&P500 Dividend Yield of 2.26, ALV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
5.2 History
The dividend of ALV is nicely growing with an annual growth rate of 6.10%!
Dividend Growth(5Y)6.1%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
39.78% of the earnings are spent on dividend by ALV. This is a low number and sustainable payout ratio.
The dividend of ALV is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.78%
EPS Next 2Y14.11%
EPS Next 3Y11.55%
ALLIANZ SE-REG
FRA:ALV (9/16/2024, 5:29:59 PM)
287.35
+0.75 (+0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap112.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.53 | ||
| Fwd PE | 10.44 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.66
PEG (5Y)4.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 23.11% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.34% | ||
| PM (TTM) | 9.24% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)6.3%
EPS 3Y9.34%
EPS 5Y
EPS Q2Q%
EPS Next Y18.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.07%
Revenue growth 3Y-6.19%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y