GENERALI (ASG.DE) Stock Fundamental Analysis
Europe - FRA:ASG - IT0000062072 - Common Stock
32.7 EUR
+0.02 (+0.06%)
Overall ASG gets a fundamental rating of 4 out of 10. We evaluated ASG against 43 industry peers in the Insurance industry. ASG has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASG has a correct valuation and a medium growth rate. Finally ASG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ASG had positive earnings in the past year.
ASG had a positive operating cash flow in the past year.
In the past 5 years ASG has always been profitable.
Each year in the past 5 years ASG had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.71%, ASG is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
The Return On Equity of ASG (12.87%) is comparable to the rest of the industry.
ASG has a Return On Invested Capital of 1.08%. This is comparable to the rest of the industry: ASG outperforms 46.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASG is in line with the industry average of 2.26%.
The 3 year average ROIC (1.02%) for ASG is below the current ROIC(1.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROIC | 1.08% |
ROA(3y)0.62%
ROA(5y)0.54%
ROE(3y)11.19%
ROE(5y)9.82%
ROIC(3y)1.02%
ROIC(5y)0.99%
1.3 Margins
Looking at the Profit Margin, with a value of 6.59%, ASG is doing worse than 67.44% of the companies in the same industry.
In the last couple of years the Profit Margin of ASG has grown nicely.
With a decent Operating Margin value of 13.98%, ASG is doing good in the industry, outperforming 62.79% of the companies in the same industry.
ASG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.98% | ||
| PM (TTM) | 6.59% | ||
| GM | N/A |
OM growth 3Y22.73%
OM growth 5Y16.91%
PM growth 3Y30.83%
PM growth 5Y17.75%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ASG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ASG has been reduced compared to 1 year ago.
ASG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASG has a worse debt to assets ratio.
2.2 Solvency
ASG has a debt to FCF ratio of 2.11. This is a good value and a sign of high solvency as ASG would need 2.11 years to pay back of all of its debts.
The Debt to FCF ratio of ASG (2.11) is better than 65.12% of its industry peers.
ASG has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ASG (1.30) is worse than 76.74% of its industry peers.
Even though the debt/equity ratio score it not favorable for ASG, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | N/A |
ROIC/WACC0.17
WACC6.51%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.60% over the past year.
ASG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.84% yearly.
ASG shows a small growth in Revenue. In the last year, the Revenue has grown by 3.72%.
The Revenue has been decreasing by -9.23% on average over the past years.
EPS 1Y (TTM)5.6%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%6.9%
Revenue 1Y (TTM)3.72%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%2.84%
3.2 Future
ASG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.20% yearly.
The Revenue is expected to grow by 3.63% on average over the next years.
EPS Next Y15.88%
EPS Next 2Y12.38%
EPS Next 3Y11.05%
EPS Next 5Y8.2%
Revenue Next Year4.89%
Revenue Next 2Y4.65%
Revenue Next 3Y4.61%
Revenue Next 5Y3.63%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
ASG is valuated correctly with a Price/Earnings ratio of 13.35.
The rest of the industry has a similar Price/Earnings ratio as ASG.
ASG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
With a Price/Forward Earnings ratio of 10.57, the valuation of ASG can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASG is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.88. ASG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 10.57 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ASG is valued cheaper than 97.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.76 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
ASG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.84
PEG (5Y)1.7
EPS Next 2Y12.38%
EPS Next 3Y11.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.34%, ASG is a good candidate for dividend investing.
ASG's Dividend Yield is comparable with the industry average which is at 4.56.
ASG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
5.2 History
On average, the dividend of ASG grows each year by 7.30%, which is quite nice.
Dividend Growth(5Y)7.3%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
56.80% of the earnings are spent on dividend by ASG. This is a bit on the high side, but may be sustainable.
The dividend of ASG is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP56.8%
EPS Next 2Y12.38%
EPS Next 3Y11.05%
FRA:ASG (9/17/2025, 7:00:00 PM)
32.7
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners34.09%
Inst Owner ChangeN/A
Ins Owners17.17%
Ins Owner ChangeN/A
Market Cap50.68B
Analysts68.8
Price Target33.19 (1.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend1.28
Dividend Growth(5Y)7.3%
DP56.8%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.37%
PT rev (3m)5.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.39%
EPS NY rev (3m)2.39%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.35 | ||
| Fwd PE | 10.57 | ||
| P/S | 0.87 | ||
| P/FCF | 2.76 | ||
| P/OCF | 2.69 | ||
| P/B | 1.71 | ||
| P/tB | 2.84 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY7.49%
EPS(NY)3.09
Fwd EY9.46%
FCF(TTM)11.83
FCFY36.17%
OCF(TTM)12.16
OCFY37.17%
SpS37.47
BVpS19.18
TBVpS11.53
PEG (NY)0.84
PEG (5Y)1.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROCE | 1.53% | ||
| ROIC | 1.08% | ||
| ROICexc | 1.1% | ||
| ROICexgc | 1.15% | ||
| OM | 13.98% | ||
| PM (TTM) | 6.59% | ||
| GM | N/A | ||
| FCFM | 31.57% |
ROA(3y)0.62%
ROA(5y)0.54%
ROE(3y)11.19%
ROE(5y)9.82%
ROIC(3y)1.02%
ROIC(5y)0.99%
ROICexc(3y)1.04%
ROICexc(5y)1.01%
ROICexgc(3y)1.08%
ROICexgc(5y)1.05%
ROCE(3y)1.44%
ROCE(5y)1.4%
ROICexcg growth 3Y5.43%
ROICexcg growth 5Y5.15%
ROICexc growth 3Y5.74%
ROICexc growth 5Y5.3%
OM growth 3Y22.73%
OM growth 5Y16.91%
PM growth 3Y30.83%
PM growth 5Y17.75%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 4.52 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 479.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.51%
ROIC/WACC0.17
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.99%
Cap/Sales(5y)N/A
Profit Quality(3y)288.69%
Profit Quality(5y)514%
High Growth Momentum
Growth
EPS 1Y (TTM)5.6%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%6.9%
EPS Next Y15.88%
EPS Next 2Y12.38%
EPS Next 3Y11.05%
EPS Next 5Y8.2%
Revenue 1Y (TTM)3.72%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%2.84%
Revenue Next Year4.89%
Revenue Next 2Y4.65%
Revenue Next 3Y4.61%
Revenue Next 5Y3.63%
EBIT growth 1Y-3.7%
EBIT growth 3Y2.59%
EBIT growth 5Y6.12%
EBIT Next Year1434.03%
EBIT Next 3Y156.59%
EBIT Next 5YN/A
FCF growth 1Y2692.79%
FCF growth 3Y-4.96%
FCF growth 5Y-5.36%
OCF growth 1Y18213.5%
OCF growth 3Y-4.17%
OCF growth 5Y-5.43%