GENERALI (ASG.DE) Stock Fundamental Analysis

FRA:ASG • IT0000062072

35.31 EUR
+0.47 (+1.35%)
Last: Feb 16, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to ASG. ASG was compared to 48 industry peers in the Insurance industry. There are concerns on the financial health of ASG while its profitability can be described as average. ASG has a valuation in line with the averages, but on the other hand it scores bad on growth. ASG also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year ASG was profitable.
  • ASG had a positive operating cash flow in the past year.
  • ASG had positive earnings in each of the past 5 years.
  • In the past 5 years ASG always reported a positive cash flow from operatings.
ASG.DE Yearly Net Income VS EBIT VS OCF VS FCFASG.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

1.2 Ratios

  • ASG has a Return On Assets of 0.71%. This is in the lower half of the industry: ASG underperforms 75.00% of its industry peers.
  • The Return On Equity of ASG (12.87%) is worse than 60.42% of its industry peers.
  • ASG has a Return On Invested Capital of 0.93%. This is comparable to the rest of the industry: ASG outperforms 45.83% of its industry peers.
  • ASG had an Average Return On Invested Capital over the past 3 years of 0.73%. This is below the industry average of 3.29%.
  • The 3 year average ROIC (0.73%) for ASG is below the current ROIC(0.93%), indicating increased profibility in the last year.
Industry RankSector 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%
ASG.DE Yearly ROA, ROE, ROICASG.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • ASG has a Profit Margin of 7.79%. This is in the lower half of the industry: ASG underperforms 68.75% of its industry peers.
  • ASG's Profit Margin has improved in the last couple of years.
  • The Operating Margin of ASG (15.75%) is better than 70.83% of its industry peers.
  • In the last couple of years the Operating Margin of ASG has grown nicely.
Industry RankSector 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
ASG.DE Yearly Profit, Operating, Gross MarginsASG.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASG is destroying value.
  • Compared to 1 year ago, ASG has less shares outstanding
  • The number of shares outstanding for ASG has been reduced compared to 5 years ago.
  • Compared to 1 year ago, ASG has a worse debt to assets ratio.
ASG.DE Yearly Shares OutstandingASG.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
ASG.DE Yearly Total Debt VS Total AssetsASG.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B 400B 500B

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.
  • The Debt to FCF ratio of ASG (2.11) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.30 is on the high side and indicates that ASG has dependencies on debt financing.
  • ASG has a worse Debt to Equity ratio (1.30) than 81.25% 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 RankSector Rank
Debt/Equity 1.3
Debt/FCF 2.11
Altman-Z N/A
ROIC/WACC0.15
WACC6.35%
ASG.DE Yearly LT Debt VS Equity VS FCFASG.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
ASG.DE Yearly Current Assets VS Current LiabilitesASG.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

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.
  • The Revenue has decreased by -9.82% in the past year.
  • 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

  • ASG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.91% yearly.
  • Based on estimates for the next years, ASG will show a small growth in Revenue. The Revenue will grow by 4.42% on average per year.
EPS Next Y16.28%
EPS Next 2Y13.24%
EPS Next 3Y11.54%
EPS Next 5Y7.91%
Revenue Next Year4.89%
Revenue Next 2Y4.77%
Revenue Next 3Y4.56%
Revenue Next 5Y4.42%

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.
ASG.DE Yearly Revenue VS EstimatesASG.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B 100B
ASG.DE Yearly EPS VS EstimatesASG.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 14.41, ASG is valued correctly.
  • 60.42% of the companies in the same industry are cheaper than ASG, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.19. ASG is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 11.24, the valuation of ASG can be described as reasonable.
  • ASG's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of ASG to the average of the S&P500 Index (28.06), we can say ASG is valued rather cheaply.
Industry RankSector Rank
PE 14.41
Fwd PE 11.24
ASG.DE Price Earnings VS Forward Price EarningsASG.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ASG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASG is cheaper than 95.83% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.99
EV/EBITDA N/A
ASG.DE Per share dataASG.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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)0.89
PEG (5Y)1.84
EPS Next 2Y13.24%
EPS Next 3Y11.54%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • ASG has a Yearly Dividend Yield of 4.13%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.16, ASG has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, ASG pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.13%

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
ASG.DE Yearly Dividends per shareASG.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

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 2Y13.24%
EPS Next 3Y11.54%
ASG.DE Yearly Income VS Free CF VS DividendASG.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B
ASG.DE Dividend Payout.ASG.DE Dividend Payout, showing the Payout Ratio.ASG.DE Dividend Payout.PayoutRetained Earnings

More info and screens

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GENERALI

FRA:ASG (2/16/2026, 7:00:00 PM)

35.31

+0.47 (+1.35%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-13
Earnings (Next)03-12
Inst Owners33.6%
Inst Owner ChangeN/A
Ins Owners16.33%
Ins Owner ChangeN/A
Market Cap54.72B
Revenue(TTM)49.09B
Net Income(TTM)3.82B
Analysts73.08
Price Target36 (1.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.13%
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)0.21%
PT rev (3m)7.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.03%
Valuation
Industry RankSector Rank
PE 14.41
Fwd PE 11.24
P/S 1.11
P/FCF 2.99
P/OCF 2.9
P/B 1.84
P/tB 3.06
EV/EBITDA N/A
EPS(TTM)2.45
EY6.94%
EPS(NY)3.14
Fwd EY8.9%
FCF(TTM)11.83
FCFY33.5%
OCF(TTM)12.16
OCFY34.42%
SpS31.68
BVpS19.18
TBVpS11.53
PEG (NY)0.89
PEG (5Y)1.84
Graham Number32.51
Profitability
Industry RankSector 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 RankSector 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
WACC6.35%
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 Y16.28%
EPS Next 2Y13.24%
EPS Next 3Y11.54%
EPS Next 5Y7.91%
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 5Y4.42%
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 4 / 10.


What is the valuation of GENERALI based on its PE and PB ratios?

The Price/Earnings (PE) ratio for GENERALI (ASG.DE) is 14.41 and the Price/Book (PB) ratio is 1.84.


What is the financial health of GENERALI (ASG.DE) stock?

The financial health rating of GENERALI (ASG.DE) is 2 / 10.