ALLIANZ SE-REG (ALV.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ALV - DE0008404005 - Common Stock
363.9 EUR
-6.1 (-1.65%)
We assign a fundamental rating of 5 out of 10 to ALV. ALV was compared to 48 industry peers in the Insurance industry. ALV has only an average score on both its financial health and profitability. ALV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ALV was profitable.
- In the past year ALV had a positive cash flow from operations.
- Each year in the past 5 years ALV has been profitable.
- ALV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ALV's Return On Assets of 1.49% is fine compared to the rest of the industry. ALV outperforms 64.58% of its industry peers.
- The Return On Equity of ALV (25.91%) is better than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 25.91% | ||
| ROIC | N/A |
ROA(3y)0.82%
ROA(5y)0.74%
ROE(3y)14.08%
ROE(5y)11.77%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- ALV's Profit Margin of 10.90% is fine compared to the rest of the industry. ALV outperforms 68.75% of its industry peers.
- In the last couple of years the Profit Margin of ALV has grown nicely.
- ALV does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 10.9% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y33.01%
PM growth 5Y14.21%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- ALV does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for ALV has been reduced compared to 1 year ago.
- ALV has less shares outstanding than it did 5 years ago.
- ALV has a worse debt/assets ratio than last year.
2.2 Solvency
- ALV has an Altman-Z score of 0.23. This is a bad value and indicates that ALV is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 0.23, ALV is doing good in the industry, outperforming 79.17% of the companies in the same industry.
- ALV has a debt to FCF ratio of 1.06. This is a very positive value and a sign of high solvency as it would only need 1.06 years to pay back of all of its debts.
- ALV has a better Debt to FCF ratio (1.06) than 89.58% of its industry peers.
- ALV has a Debt/Equity ratio of 0.64. This is a neutral value indicating ALV is somewhat dependend on debt financing.
- The Debt to Equity ratio of ALV (0.64) is comparable to the rest of the industry.
- Although ALV does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.06 | ||
| Altman-Z | 0.23 |
ROIC/WACCN/A
WACC6.79%
2.3 Liquidity
- A Current Ratio of 0.05 indicates that ALV may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.05, ALV is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
- A Quick Ratio of 0.05 indicates that ALV may have some problems paying its short term obligations.
- ALV's Quick ratio of 0.05 is fine compared to the rest of the industry. ALV outperforms 62.50% 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 10.30% over the past year.
- Measured over the past 5 years, ALV shows a small growth in Earnings Per Share. The EPS has been growing by 6.23% on average per year.
- Looking at the last year, ALV shows a quite strong growth in Revenue. The Revenue has grown by 13.94% in the last year.
- Measured over the past years, ALV shows a decrease in Revenue. The Revenue has been decreasing by -8.64% on average per year.
EPS 1Y (TTM)10.3%
EPS 3Y17.57%
EPS 5Y6.23%
EPS Q2Q%9.96%
Revenue 1Y (TTM)13.94%
Revenue growth 3Y-14.09%
Revenue growth 5Y-8.64%
Sales Q2Q%5.46%
3.2 Future
- The Earnings Per Share is expected to grow by 7.56% on average over the next years.
- ALV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.91% yearly.
EPS Next Y11.59%
EPS Next 2Y9.54%
EPS Next 3Y8.69%
EPS Next 5Y7.56%
Revenue Next Year3.93%
Revenue Next 2Y4.46%
Revenue Next 3Y10.44%
Revenue Next 5Y21.91%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 13.43, ALV is valued correctly.
- 60.42% of the companies in the same industry are more expensive than ALV, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of ALV to the average of the S&P500 Index (27.21), we can say ALV is valued rather cheaply.
- ALV is valuated reasonably with a Price/Forward Earnings ratio of 11.89.
- Based on the Price/Forward Earnings ratio, ALV is valued a bit more expensive than 60.42% of the companies in the same industry.
- ALV is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.43 | ||
| Fwd PE | 11.89 |
4.2 Price Multiples
- 85.42% of the companies in the same industry are more expensive than ALV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.97 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- ALV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.16
PEG (5Y)2.16
EPS Next 2Y9.54%
EPS Next 3Y8.69%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.16%, ALV is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.17, ALV has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, ALV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
5.2 History
- The dividend of ALV is nicely growing with an annual growth rate of 8.88%!
Dividend Growth(5Y)8.88%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- ALV pays out 42.51% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of ALV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.51%
EPS Next 2Y9.54%
EPS Next 3Y8.69%
ALLIANZ SE-REG / ALV.DE FAQ
Can you provide the ChartMill fundamental rating for ALLIANZ SE-REG?
ChartMill assigns a fundamental rating of 5 / 10 to ALV.DE.
Can you provide the valuation status for ALLIANZ SE-REG?
ChartMill assigns a valuation rating of 5 / 10 to ALLIANZ SE-REG (ALV.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for ALLIANZ SE-REG?
ALLIANZ SE-REG (ALV.DE) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for ALV stock?
The Earnings per Share (EPS) of ALLIANZ SE-REG (ALV.DE) is expected to grow by 11.59% in the next year.
How sustainable is the dividend of ALLIANZ SE-REG (ALV.DE) stock?
The dividend rating of ALLIANZ SE-REG (ALV.DE) is 6 / 10 and the dividend payout ratio is 42.51%.