ALLIANZ SE-REG (ALV.DE) Stock Fundamental Analysis
FRA:ALV - Deutsche Boerse Ag - DE0008404005 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to ALV. ALV was compared to 38 industry peers in the Insurance industry. Both the profitability and the financial health of ALV get a neutral evaluation. Nothing too spectacular is happening here. ALV has a correct valuation and a medium growth rate. Finally ALV also has an excellent dividend rating. These ratings would make ALV suitable for dividend investing!
1. Profitability
1.1 Basic Checks
ALV had positive earnings in the past year.
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
ALV's Return On Assets of 1.41% is fine compared to the rest of the industry. ALV outperforms 73.68% of its industry peers.
ALV has a Return On Equity of 24.44%. This is amongst the best in the industry. ALV outperforms 94.74% of its industry peers.
The Return On Invested Capital of ALV (0.68%) is worse than 63.16% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALV is in line with the industry average of 2.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.41% | ||
| ROE | 24.44% | ||
| ROIC | 0.68% |
ROA(3y)0.82%
ROA(5y)0.74%
ROE(3y)14.08%
ROE(5y)11.77%
ROIC(3y)1.5%
ROIC(5y)1.33%
1.3 Margins
The Profit Margin of ALV (10.07%) is better than 63.16% of its industry peers.
In the last couple of years the Profit Margin of ALV has grown nicely.
ALV has a Operating Margin of 6.18%. This is in the lower half of the industry: ALV underperforms 76.32% of its industry peers.
In the last couple of years the Operating Margin of ALV has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.18% | ||
| PM (TTM) | 10.07% | ||
| GM | N/A |
OM growth 3Y-41.86%
OM growth 5Y-34.3%
PM growth 3Y18.21%
PM growth 5Y6.41%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALV is destroying value.
Compared to 1 year ago, ALV has less shares outstanding
The number of shares outstanding for ALV has been reduced compared to 5 years ago.
ALV has a worse debt/assets ratio than last year.
2.2 Solvency
ALV has an Altman-Z score of 0.27. This is a bad value and indicates that ALV is not financially healthy and even has some risk of bankruptcy.
ALV has a better Altman-Z score (0.27) than 81.58% of its industry peers.
ALV has a debt to FCF ratio of 1.07. This is a very positive value and a sign of high solvency as it would only need 1.07 years to pay back of all of its debts.
ALV's Debt to FCF ratio of 1.07 is amongst the best of the industry. ALV outperforms 84.21% of its industry peers.
ALV has a Debt/Equity ratio of 0.53. This is a neutral value indicating ALV is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.53, ALV is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | 0.27 |
ROIC/WACC0.1
WACC6.57%
2.3 Liquidity
A Current Ratio of 0.04 indicates that ALV may have some problems paying its short term obligations.
ALV has a better Current ratio (0.04) than 71.05% of its industry peers.
A Quick Ratio of 0.04 indicates that ALV may have some problems paying its short term obligations.
ALV has a better Quick ratio (0.04) than 71.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
ALV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.76%, which is quite good.
ALV shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.23% yearly.
ALV shows a small growth in Revenue. In the last year, the Revenue has grown by 3.04%.
The Revenue has been decreasing by -1.94% on average over the past years.
EPS 1Y (TTM)13.76%
EPS 3Y17.57%
EPS 5Y6.23%
EPS Q2Q%-0.63%
Revenue 1Y (TTM)3.04%
Revenue growth 3Y-3.34%
Revenue growth 5Y-1.94%
Sales Q2Q%6.81%
3.2 Future
Based on estimates for the next years, ALV will show a small growth in Earnings Per Share. The EPS will grow by 5.85% on average per year.
The Revenue is expected to grow by 20.80% on average over the next years. This is a very strong growth
EPS Next Y10.29%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
EPS Next 5Y5.85%
Revenue Next Year15.43%
Revenue Next 2Y10.63%
Revenue Next 3Y9.36%
Revenue Next 5Y20.8%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
Based on the Price/Earnings ratio of 13.61, the valuation of ALV can be described as correct.
ALV's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. ALV is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 11.38, the valuation of ALV can be described as reasonable.
ALV's Price/Forward Earnings is on the same level as the industry average.
ALV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 11.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALV is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALV indicates a rather cheap valuation: ALV is cheaper than 92.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.44 | ||
| EV/EBITDA | 12.07 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.32
PEG (5Y)2.19
EPS Next 2Y9.28%
EPS Next 3Y8.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.48%, ALV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.58, ALV has a dividend in line with its industry peers.
ALV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
On average, the dividend of ALV grows each year by 8.88%, which is quite nice.
Dividend Growth(5Y)8.88%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
39.04% of the earnings are spent on dividend by ALV. This is a low number and sustainable payout ratio.
ALV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.04%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
FRA:ALV (7/11/2025, 7:00:00 PM)
346.6
-1.7 (-0.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners35.71%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap133.85B
Analysts70.43
Price Target370.08 (6.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
Yearly Dividend14.8
Dividend Growth(5Y)8.88%
DP39.04%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.25%
Min EPS beat(2)-0.73%
Max EPS beat(2)7.24%
EPS beat(4)3
Avg EPS beat(4)4.92%
Min EPS beat(4)-0.73%
Max EPS beat(4)9.18%
EPS beat(8)3
Avg EPS beat(8)-2.18%
EPS beat(12)4
Avg EPS beat(12)-7.41%
EPS beat(16)7
Avg EPS beat(16)-9.56%
Revenue beat(2)2
Avg Revenue beat(2)26.83%
Min Revenue beat(2)10.15%
Max Revenue beat(2)43.51%
Revenue beat(4)4
Avg Revenue beat(4)25.56%
Min Revenue beat(4)10.15%
Max Revenue beat(4)43.51%
Revenue beat(8)7
Avg Revenue beat(8)65.62%
Revenue beat(12)9
Avg Revenue beat(12)50.72%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.6%
PT rev (3m)4.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.96%
EPS NY rev (1m)0%
EPS NY rev (3m)0.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 11.38 | ||
| P/S | 0.91 | ||
| P/FCF | 4.44 | ||
| P/OCF | 4.18 | ||
| P/B | 2.22 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 12.07 |
EPS(TTM)25.46
EY7.35%
EPS(NY)30.46
Fwd EY8.79%
FCF(TTM)78.01
FCFY22.51%
OCF(TTM)82.97
OCFY23.94%
SpS379.02
BVpS156.12
TBVpS106.59
PEG (NY)1.32
PEG (5Y)2.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.41% | ||
| ROE | 24.44% | ||
| ROCE | 0.88% | ||
| ROIC | 0.68% | ||
| ROICexc | 0.7% | ||
| ROICexgc | 0.87% | ||
| OM | 6.18% | ||
| PM (TTM) | 10.07% | ||
| GM | N/A | ||
| FCFM | 20.58% |
ROA(3y)0.82%
ROA(5y)0.74%
ROE(3y)14.08%
ROE(5y)11.77%
ROIC(3y)1.5%
ROIC(5y)1.33%
ROICexc(3y)1.54%
ROICexc(5y)1.36%
ROICexgc(3y)1.95%
ROICexgc(5y)1.72%
ROCE(3y)1.96%
ROCE(5y)1.74%
ROICexcg growth 3Y-42.34%
ROICexcg growth 5Y-35.41%
ROICexc growth 3Y-41.74%
ROICexc growth 5Y-35.72%
OM growth 3Y-41.86%
OM growth 5Y-34.3%
PM growth 3Y18.21%
PM growth 5Y6.41%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.07 | ||
| Debt/EBITDA | 2.88 | ||
| Cap/Depr | 88.9% | ||
| Cap/Sales | 1.31% | ||
| Interest Coverage | 5.81 | ||
| Cash Conversion | 286.17% | ||
| Profit Quality | 204.49% | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | 0.27 |
F-Score6
WACC6.57%
ROIC/WACC0.1
Cap/Depr(3y)85.78%
Cap/Depr(5y)75.55%
Cap/Sales(3y)1.85%
Cap/Sales(5y)1.64%
Profit Quality(3y)276.66%
Profit Quality(5y)329.2%
High Growth Momentum
Growth
EPS 1Y (TTM)13.76%
EPS 3Y17.57%
EPS 5Y6.23%
EPS Q2Q%-0.63%
EPS Next Y10.29%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
EPS Next 5Y5.85%
Revenue 1Y (TTM)3.04%
Revenue growth 3Y-3.34%
Revenue growth 5Y-1.94%
Sales Q2Q%6.81%
Revenue Next Year15.43%
Revenue Next 2Y10.63%
Revenue Next 3Y9.36%
Revenue Next 5Y20.8%
EBIT growth 1Y-28.58%
EBIT growth 3Y-43.8%
EBIT growth 5Y-35.58%
EBIT Next Year7.31%
EBIT Next 3Y5.78%
EBIT Next 5YN/A
FCF growth 1Y34.65%
FCF growth 3Y8.3%
FCF growth 5Y-2.95%
OCF growth 1Y30.71%
OCF growth 3Y8.44%
OCF growth 5Y-2.47%