GENERALI (ASG.DE) Stock Fundamental Analysis
Europe - FRA:ASG - IT0000062072 - Common Stock
33.46 EUR
-0.09 (-0.27%)
Overall ASG gets a fundamental rating of 4 out of 10. We evaluated ASG against 43 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 has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally 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.
Each year in the past 5 years ASG has been profitable.
In the past 5 years ASG always reported a positive cash flow from operatings.
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.
With a Return On Equity value of 12.87%, ASG perfoms like the industry average, outperforming 41.86% of the companies in the same industry.
With a Return On Invested Capital value of 0.93%, ASG perfoms like the industry average, outperforming 46.51% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASG is in line with the industry average of 2.22%.
The last Return On Invested Capital (0.93%) for ASG is above the 3 year average (0.73%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 7.79%, ASG is doing worse than 62.79% of the companies in the same industry.
In the last couple of years the Profit Margin of ASG has grown nicely.
ASG has a Operating Margin of 15.75%. This is in the better half of the industry: ASG outperforms 76.74% of its industry peers.
ASG's Operating Margin has improved in the last couple of years.
| 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
ASG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ASG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ASG has been reduced compared to 5 years ago.
ASG has a worse debt/assets ratio than last year.
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.
ASG's Debt to FCF ratio of 2.11 is fine compared to the rest of the industry. ASG outperforms 67.44% 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.
ASG has a worse Debt to Equity ratio (1.30) than 76.74% 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
WACC6.29%
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.
Measured over the past 5 years, ASG shows a small growth in Earnings Per Share. The EPS has been growing by 7.84% on average per year.
Looking at the last year, ASG shows a decrease in Revenue. The Revenue has decreased by -9.82% in the last year.
The Revenue for ASG have been decreasing by -14.37% on average. This is quite bad
EPS 1Y (TTM)5.6%
EPS 3Y10.75%
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 8.40% on average over the next years. This is quite good.
Based on estimates for the next years, ASG will show a small growth in Revenue. The Revenue will grow by 3.94% on average per year.
EPS Next Y16.08%
EPS Next 2Y12.44%
EPS Next 3Y11.02%
EPS Next 5Y8.4%
Revenue Next Year5.01%
Revenue Next 2Y4.71%
Revenue Next 3Y4.65%
Revenue Next 5Y3.94%
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.
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
Based on the Price/Earnings ratio of 13.66, the valuation of ASG can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of ASG is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.19, ASG is valued a bit cheaper.
The Price/Forward Earnings ratio is 10.80, which indicates a very decent valuation of ASG.
ASG's Price/Forward Earnings is on the same level as the industry average.
ASG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.50.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ASG is valued cheaply inside the industry as 97.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.83 | ||
| 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)0.85
PEG (5Y)1.74
EPS Next 2Y12.44%
EPS Next 3Y11.02%
5. Dividend
5.1 Amount
ASG has a Yearly Dividend Yield of 4.39%, which is a nice return.
ASG's Dividend Yield is comparable with the industry average which is at 4.57.
Compared to an average S&P500 Dividend Yield of 2.33, ASG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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.
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 2Y12.44%
EPS Next 3Y11.02%
FRA:ASG (10/30/2025, 7:00:00 PM)
33.46
-0.09 (-0.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners32.9%
Inst Owner ChangeN/A
Ins Owners17.17%
Ins Owner ChangeN/A
Market Cap51.86B
Revenue(TTM)49.09B
Net Income(TTM)3.82B
Analysts69.6
Price Target33.44 (-0.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)0.77%
PT rev (3m)6.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.66 | ||
| Fwd PE | 10.8 | ||
| P/S | 1.06 | ||
| P/FCF | 2.83 | ||
| P/OCF | 2.75 | ||
| P/B | 1.74 | ||
| P/tB | 2.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY7.32%
EPS(NY)3.1
Fwd EY9.26%
FCF(TTM)11.83
FCFY35.35%
OCF(TTM)12.16
OCFY36.33%
SpS31.68
BVpS19.18
TBVpS11.53
PEG (NY)0.85
PEG (5Y)1.74
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
WACC6.29%
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 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%133.85%
EPS Next Y16.08%
EPS Next 2Y12.44%
EPS Next 3Y11.02%
EPS Next 5Y8.4%
Revenue 1Y (TTM)-9.82%
Revenue growth 3Y-24.15%
Revenue growth 5Y-14.37%
Sales Q2Q%-2.56%
Revenue Next Year5.01%
Revenue Next 2Y4.71%
Revenue Next 3Y4.65%
Revenue Next 5Y3.94%
EBIT growth 1Y12.12%
EBIT growth 3Y-1.02%
EBIT growth 5Y3.86%
EBIT Next Year1376.18%
EBIT Next 3Y151.1%
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.
What is the valuation status for ASG stock?
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 earnings growth outlook for GENERALI?
The Earnings per Share (EPS) of GENERALI (ASG.DE) is expected to grow by 16.08% in the next year.
How sustainable is the dividend of GENERALI (ASG.DE) stock?
The dividend rating of GENERALI (ASG.DE) is 7 / 10 and the dividend payout ratio is 56.8%.