GENERALI (ASG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ASG - IT0000062072 - Common Stock
34.91 EUR
-0.02 (-0.06%)
Taking everything into account, ASG scores 4 out of 10 in our fundamental rating. ASG was compared to 46 industry peers in the Insurance industry. While ASG is still in line with the averages on profitability rating, there are concerns on its financial health. ASG is valued correctly, but it does not seem to be growing. ASG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- ASG had positive earnings in the past year.
- In the past year ASG had a positive cash flow from operations.
- In the past 5 years ASG has always been profitable.
- ASG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.71%, ASG is doing worse than 73.91% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 12.87%, ASG is doing worse than 63.04% of the companies in the same industry.
- ASG has a Return On Invested Capital of 0.93%. This is comparable to the rest of the industry: ASG outperforms 47.83% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ASG is in line with the industry average of 2.71%.
- The 3 year average ROIC (0.73%) for ASG is below the current ROIC(0.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROIC | 0.93% |
ROA(3y)0.5%
ROA(5y)0.46%
ROE(3y)9.01%
ROE(5y)8.51%
ROIC(3y)0.73%
ROIC(5y)0.78%
1.3 Margins
- ASG has a worse Profit Margin (7.79%) than 67.39% of its industry peers.
- ASG's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 15.75%, ASG is in the better half of the industry, outperforming 71.74% of the companies in the same industry.
- In the last couple of years the Operating Margin of ASG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.75% | ||
| PM (TTM) | 7.79% | ||
| GM | N/A |
OM growth 3Y30.49%
OM growth 5Y21.29%
PM growth 3Y44.18%
PM growth 5Y24.82%
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), ASG is destroying value.
- Compared to 1 year ago, ASG has less shares outstanding
- ASG has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for ASG is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of ASG is 2.11, which is a good value as it means it would take ASG, 2.11 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.11, ASG is in line with its industry, outperforming 58.70% of the companies in the same industry.
- ASG has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
- ASG has a Debt to Equity ratio of 1.30. This is amonst the worse of the industry: ASG underperforms 82.61% of its industry peers.
- Although ASG 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 | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | N/A |
ROIC/WACC0.15
WACC6.28%
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 decrease in Revenue. In the last year, the revenue decreased by -9.82%.
- ASG shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -14.37% yearly.
EPS 1Y (TTM)5.6%
EPS 3Y11.24%
EPS 5Y7.84%
EPS Q2Q%133.85%
Revenue 1Y (TTM)-9.82%
Revenue growth 3Y-24.15%
Revenue growth 5Y-14.37%
Sales Q2Q%-2.56%
3.2 Future
- The Earnings Per Share is expected to grow by 7.56% on average over the next years.
- ASG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.93% yearly.
EPS Next Y16.3%
EPS Next 2Y13.37%
EPS Next 3Y11.67%
EPS Next 5Y7.56%
Revenue Next Year4.89%
Revenue Next 2Y4.77%
Revenue Next 3Y4.56%
Revenue Next 5Y3.93%
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.
- 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
- The Price/Earnings ratio is 14.25, which indicates a correct valuation of ASG.
- Compared to the rest of the industry, the Price/Earnings ratio of ASG indicates a slightly more expensive valuation: ASG is more expensive than 63.04% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of ASG to the average of the S&P500 Index (27.47), we can say ASG is valued slightly cheaper.
- ASG is valuated reasonably with a Price/Forward Earnings ratio of 11.09.
- ASG's Price/Forward Earnings ratio is in line with the industry average.
- ASG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.25 | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
- ASG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASG is cheaper than 95.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.95 | ||
| EV/EBITDA | N/A |
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)0.87
PEG (5Y)1.82
EPS Next 2Y13.37%
EPS Next 3Y11.67%
5. Dividend
5.1 Amount
- ASG has a Yearly Dividend Yield of 4.09%, which is a nice return.
- ASG's Dividend Yield is comparable with the industry average which is at 3.93.
- Compared to an average S&P500 Dividend Yield of 1.89, ASG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
- The dividend of ASG is nicely growing with an annual growth rate of 7.30%!
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.
- ASG's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP56.8%
EPS Next 2Y13.37%
EPS Next 3Y11.67%
FRA:ASG (1/16/2026, 7:00:00 PM)
34.91
-0.02 (-0.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-12 2026-03-12/amc
Inst Owners33.6%
Inst Owner ChangeN/A
Ins Owners16.33%
Ins Owner ChangeN/A
Market Cap54.10B
Revenue(TTM)49.09B
Net Income(TTM)3.82B
Analysts73.6
Price Target35.81 (2.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
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)4.44%
PT rev (3m)7.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.25 | ||
| Fwd PE | 11.09 | ||
| P/S | 1.1 | ||
| P/FCF | 2.95 | ||
| P/OCF | 2.87 | ||
| P/B | 1.82 | ||
| P/tB | 3.03 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY7.02%
EPS(NY)3.15
Fwd EY9.02%
FCF(TTM)11.83
FCFY33.88%
OCF(TTM)12.16
OCFY34.82%
SpS31.68
BVpS19.18
TBVpS11.53
PEG (NY)0.87
PEG (5Y)1.82
Graham Number32.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROCE | 1.46% | ||
| ROIC | 0.93% | ||
| ROICexc | 0.94% | ||
| ROICexgc | 0.98% | ||
| OM | 15.75% | ||
| PM (TTM) | 7.79% | ||
| GM | N/A | ||
| FCFM | 37.34% |
ROA(3y)0.5%
ROA(5y)0.46%
ROE(3y)9.01%
ROE(5y)8.51%
ROIC(3y)0.73%
ROIC(5y)0.78%
ROICexc(3y)0.75%
ROICexc(5y)0.8%
ROICexgc(3y)0.78%
ROICexgc(5y)0.83%
ROCE(3y)1.15%
ROCE(5y)1.23%
ROICexgc growth 3Y1.71%
ROICexgc growth 5Y2.91%
ROICexc growth 3Y2.01%
ROICexc growth 5Y3.06%
OM growth 3Y30.49%
OM growth 5Y21.29%
PM growth 3Y44.18%
PM growth 5Y24.82%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 1.03% | ||
| Interest Coverage | 4.3 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 479.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.28%
ROIC/WACC0.15
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.1%
Cap/Sales(5y)N/A
Profit Quality(3y)302.85%
Profit Quality(5y)522.49%
High Growth Momentum
Growth
EPS 1Y (TTM)5.6%
EPS 3Y11.24%
EPS 5Y7.84%
EPS Q2Q%133.85%
EPS Next Y16.3%
EPS Next 2Y13.37%
EPS Next 3Y11.67%
EPS Next 5Y7.56%
Revenue 1Y (TTM)-9.82%
Revenue growth 3Y-24.15%
Revenue growth 5Y-14.37%
Sales Q2Q%-2.56%
Revenue Next Year4.89%
Revenue Next 2Y4.77%
Revenue Next 3Y4.56%
Revenue Next 5Y3.93%
EBIT growth 1Y12.12%
EBIT growth 3Y-1.02%
EBIT growth 5Y3.86%
EBIT Next Year1399.42%
EBIT Next 3Y153.35%
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%
GENERALI / ASG.DE FAQ
What is the ChartMill fundamental rating of GENERALI (ASG.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ASG.DE.
Can you provide the valuation status for GENERALI?
ChartMill assigns a valuation rating of 5 / 10 to GENERALI (ASG.DE). This can be considered as Fairly Valued.
How profitable is GENERALI (ASG.DE) stock?
GENERALI (ASG.DE) has a profitability rating of 5 / 10.
What is the valuation of GENERALI based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GENERALI (ASG.DE) is 14.25 and the Price/Book (PB) ratio is 1.82.
What is the financial health of GENERALI (ASG.DE) stock?
The financial health rating of GENERALI (ASG.DE) is 2 / 10.