GENERALI (ASG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:ASG - IT0000062072 - Common Stock
33.99 EUR
-0.51 (-1.48%)
Overall ASG gets a fundamental rating of 4 out of 10. We evaluated ASG against 49 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 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.
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: 73.47% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 12.87%, ASG is doing worse than 63.27% of the companies in the same industry.
ASG has a Return On Invested Capital (0.93%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for ASG is in line with the industry average of 2.67%.
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 Profit Margin of 7.79%. This is in the lower half of the industry: ASG underperforms 65.31% of its industry peers.
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 67.35% of its industry peers.
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.
The number of shares outstanding for ASG has been reduced compared to 1 year ago.
The number of shares outstanding for ASG has been reduced compared to 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.
ASG has a Debt to FCF ratio (2.11) which is in line with its industry peers.
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 81.63% 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
WACC6.24%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ASG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.60%.
The Earnings Per Share has been growing slightly by 7.84% on average over the past years.
Looking at the last year, ASG shows a decrease in Revenue. The Revenue has decreased by -9.82% in the last year.
Measured over the past years, ASG shows a very negative growth in Revenue. The Revenue has been decreasing by -14.37% on average per year.
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
Based on estimates for the next years, ASG will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.51% on average per year.
The Revenue is expected to grow by 4.05% on average over the next years.
EPS Next Y16.34%
EPS Next 2Y13.22%
EPS Next 3Y11.65%
EPS Next 5Y8.51%
Revenue Next Year4.71%
Revenue Next 2Y4.63%
Revenue Next 3Y4.56%
Revenue Next 5Y4.05%
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.
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 13.87.
The rest of the industry has a similar Price/Earnings ratio as ASG.
Compared to an average S&P500 Price/Earnings ratio of 26.56, ASG is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 10.82, 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 (23.79), we can say ASG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.87 | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
95.92% of the companies in the same industry are more expensive than ASG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.87 | ||
| 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)1.77
EPS Next 2Y13.22%
EPS Next 3Y11.65%
5. Dividend
5.1 Amount
ASG has a Yearly Dividend Yield of 4.14%, which is a nice return.
ASG's Dividend Yield is comparable with the industry average which is at 4.14.
Compared to an average S&P500 Dividend Yield of 1.87, ASG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
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
ASG pays out 56.80% of its income as dividend. 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 2Y13.22%
EPS Next 3Y11.65%
FRA:ASG (12/12/2025, 7:00:00 PM)
33.99
-0.51 (-1.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners33.56%
Inst Owner ChangeN/A
Ins Owners16.33%
Ins Owner ChangeN/A
Market Cap52.68B
Revenue(TTM)49.09B
Net Income(TTM)3.82B
Analysts68.8
Price Target34.4 (1.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
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)2.04%
PT rev (3m)3.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)0.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.87 | ||
| Fwd PE | 10.82 | ||
| P/S | 1.07 | ||
| P/FCF | 2.87 | ||
| P/OCF | 2.8 | ||
| P/B | 1.77 | ||
| P/tB | 2.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY7.21%
EPS(NY)3.14
Fwd EY9.24%
FCF(TTM)11.83
FCFY34.8%
OCF(TTM)12.16
OCFY35.76%
SpS31.68
BVpS19.18
TBVpS11.53
PEG (NY)0.85
PEG (5Y)1.77
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
WACC6.24%
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 Y16.34%
EPS Next 2Y13.22%
EPS Next 3Y11.65%
EPS Next 5Y8.51%
Revenue 1Y (TTM)-9.82%
Revenue growth 3Y-24.15%
Revenue growth 5Y-14.37%
Sales Q2Q%-2.56%
Revenue Next Year4.71%
Revenue Next 2Y4.63%
Revenue Next 3Y4.56%
Revenue Next 5Y4.05%
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.
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 16.34% 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%.