Logo image of G.MI

GENERALI (G.MI) Stock Fundamental Analysis

BIT:G - Euronext Milan - IT0000062072 - Common Stock - Currency: EUR

32.11  -0.01 (-0.03%)

Fundamental Rating

4

Taking everything into account, G scores 4 out of 10 in our fundamental rating. G was compared to 33 industry peers in the Insurance industry. There are concerns on the financial health of G while its profitability can be described as average. G has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

5

1. Profitability

1.1 Basic Checks

In the past year G was profitable.
In the past year G had a positive cash flow from operations.
Each year in the past 5 years G has been profitable.
In the past 5 years G always reported a positive cash flow from operatings.
G.MI Yearly Net Income VS EBIT VS OCF VS FCFG.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 5B 10B 15B 20B

1.2 Ratios

Looking at the Return On Assets, with a value of 0.68%, G is doing worse than 63.89% of the companies in the same industry.
G's Return On Equity of 12.18% is in line compared to the rest of the industry. G outperforms 44.44% of its industry peers.
G has a Return On Invested Capital of 1.13%. This is comparable to the rest of the industry: G outperforms 50.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for G is in line with the industry average of 2.25%.
The 3 year average ROIC (0.93%) for G is below the current ROIC(1.13%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 0.68%
ROE 12.18%
ROIC 1.13%
ROA(3y)0.56%
ROA(5y)0.5%
ROE(3y)10.35%
ROE(5y)9.25%
ROIC(3y)0.93%
ROIC(5y)0.91%
G.MI Yearly ROA, ROE, ROICG.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2 4 6 8 10

1.3 Margins

With a Profit Margin value of 6.35%, G is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of G has grown nicely.
With a decent Operating Margin value of 15.06%, G is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of G has grown nicely.
Industry RankSector Rank
OM 15.06%
PM (TTM) 6.35%
GM N/A
OM growth 3Y21.62%
OM growth 5Y9.55%
PM growth 3Y49.33%
PM growth 5Y17.32%
GM growth 3YN/A
GM growth 5YN/A
G.MI Yearly Profit, Operating, Gross MarginsG.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15

More info and screens

1

2. Health

2.1 Basic Checks

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

2.2 Solvency

G has a debt to FCF ratio of 4.02. This is a neutral value as G would need 4.02 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.02, G perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Debt/Equity ratio of 1.23 is on the high side and indicates that G has dependencies on debt financing.
The Debt to Equity ratio of G (1.23) is worse than 80.56% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.23
Debt/FCF 4.02
Altman-Z N/A
ROIC/WACC0.17
WACC6.54%
G.MI Yearly LT Debt VS Equity VS FCFG.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 10B 20B 30B

2.3 Liquidity

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

More info and screens

4

3. Growth

3.1 Past

G shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.99%.
G shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.23% yearly.
Looking at the last year, G shows a quite strong growth in Revenue. The Revenue has grown by 16.34% in the last year.
Measured over the past years, G shows a decrease in Revenue. The Revenue has been decreasing by -6.10% on average per year.
EPS 1Y (TTM)-2.99%
EPS 3Y20.68%
EPS 5Y10.23%
EPS Q2Q%36.59%
Revenue 1Y (TTM)16.34%
Revenue growth 3Y-13.59%
Revenue growth 5Y-6.1%
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 8.34% on average over the next years. This is quite good.
G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.06% yearly.
EPS Next Y8.15%
EPS Next 2Y10.08%
EPS Next 3Y9.05%
EPS Next 5Y8.34%
Revenue Next Year15.18%
Revenue Next 2Y9.8%
Revenue Next 3Y7.66%
Revenue Next 5Y7.06%

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.
G.MI Yearly Revenue VS EstimatesG.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20B 40B 60B 80B 100B
G.MI Yearly EPS VS EstimatesG.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 1 2 3 4

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 14.15 indicates a correct valuation of G.
G's Price/Earnings ratio is in line with the industry average.
G is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.42, which indicates a very decent valuation of G.
Compared to the rest of the industry, the Price/Forward Earnings ratio of G is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, G is valued a bit cheaper.
Industry RankSector Rank
PE 14.15
Fwd PE 11.42
G.MI Price Earnings VS Forward Price EarningsG.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of G indicates a rather cheap valuation: G is cheaper than 80.56% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.62
EV/EBITDA N/A
G.MI Per share dataG.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.73
PEG (5Y)1.38
EPS Next 2Y10.08%
EPS Next 3Y9.05%

More info and screens

6

5. Dividend

5.1 Amount

G has a Yearly Dividend Yield of 3.99%.
Compared to an average industry Dividend Yield of 4.64, G has a dividend in line with its industry peers.
G's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
Industry RankSector Rank
Dividend Yield 3.99%

5.2 History

The dividend of G is nicely growing with an annual growth rate of 7.52%!
Dividend Growth(5Y)7.52%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

G pays out 51.35% of its income as dividend. This is a bit on the high side, but may be sustainable.
G's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP51.35%
EPS Next 2Y10.08%
EPS Next 3Y9.05%
G.MI Yearly Income VS Free CF VS DividendG.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 5B 10B 15B
G.MI Dividend Payout.G.MI Dividend Payout, showing the Payout Ratio.G.MI Dividend Payout.PayoutRetained Earnings

More info and screens

GENERALI

BIT:G (3/7/2025, 7:00:00 PM)

32.11

-0.01 (-0.03%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-15 2024-11-15/bmo
Earnings (Next)03-13 2025-03-13/amc
Inst Owners33.62%
Inst Owner ChangeN/A
Ins Owners16.85%
Ins Owner ChangeN/A
Market Cap50.39B
Analysts69.29
Price Target29.77 (-7.29%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.99%
Yearly Dividend1.15
Dividend Growth(5Y)7.52%
DP51.35%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.81%
Min EPS beat(2)-25.21%
Max EPS beat(2)13.6%
EPS beat(4)1
Avg EPS beat(4)-19.42%
Min EPS beat(4)-33.45%
Max EPS beat(4)13.6%
EPS beat(8)3
Avg EPS beat(8)-8.74%
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)4.73%
PT rev (3m)9.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.38%
EPS NY rev (3m)-1.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.59%
Revenue NY rev (3m)-1.7%
Valuation
Industry RankSector Rank
PE 14.15
Fwd PE 11.42
P/S 0.9
P/FCF 5.62
P/OCF 5.46
P/B 1.73
P/tB 2.92
EV/EBITDA N/A
EPS(TTM)2.27
EY7.07%
EPS(NY)2.81
Fwd EY8.75%
FCF(TTM)5.71
FCFY17.78%
OCF(TTM)5.89
OCFY18.33%
SpS35.67
BVpS18.61
TBVpS11
PEG (NY)1.73
PEG (5Y)1.38
Profitability
Industry RankSector Rank
ROA 0.68%
ROE 12.18%
ROCE 1.65%
ROIC 1.13%
ROICexc 1.15%
ROICexgc 1.2%
OM 15.06%
PM (TTM) 6.35%
GM N/A
FCFM 16%
ROA(3y)0.56%
ROA(5y)0.5%
ROE(3y)10.35%
ROE(5y)9.25%
ROIC(3y)0.93%
ROIC(5y)0.91%
ROICexc(3y)0.95%
ROICexc(5y)0.93%
ROICexgc(3y)0.99%
ROICexgc(5y)0.97%
ROCE(3y)1.36%
ROCE(5y)1.33%
ROICexcg growth 3Y7.44%
ROICexcg growth 5Y3.3%
ROICexc growth 3Y7.71%
ROICexc growth 5Y3.32%
OM growth 3Y21.62%
OM growth 5Y9.55%
PM growth 3Y49.33%
PM growth 5Y17.32%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 1.23
Debt/FCF 4.02
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.5%
Interest Coverage 4.96
Cash Conversion N/A
Profit Quality 251.94%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC6.54%
ROIC/WACC0.17
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)359.03%
Profit Quality(5y)581.46%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.99%
EPS 3Y20.68%
EPS 5Y10.23%
EPS Q2Q%36.59%
EPS Next Y8.15%
EPS Next 2Y10.08%
EPS Next 3Y9.05%
EPS Next 5Y8.34%
Revenue 1Y (TTM)16.34%
Revenue growth 3Y-13.59%
Revenue growth 5Y-6.1%
Sales Q2Q%N/A
Revenue Next Year15.18%
Revenue Next 2Y9.8%
Revenue Next 3Y7.66%
Revenue Next 5Y7.06%
EBIT growth 1Y9.07%
EBIT growth 3Y5.1%
EBIT growth 5Y2.87%
EBIT Next Year1366.18%
EBIT Next 3Y153.17%
EBIT Next 5YN/A
FCF growth 1Y-48.84%
FCF growth 3Y-56.59%
FCF growth 5Y-36.14%
OCF growth 1Y-48.31%
OCF growth 3Y-55.26%
OCF growth 5Y-35.06%