ALLIANZ SE-REG (1ALV.MI) Stock Fundamental Analysis
BIT:1ALV - Euronext Milan - DE0008404005 - Common Stock - Currency: EUR
Overall 1ALV gets a fundamental rating of 5 out of 10. We evaluated 1ALV against 32 industry peers in the Insurance industry. Both the profitability and the financial health of 1ALV get a neutral evaluation. Nothing too spectacular is happening here. 1ALV has a correct valuation and a medium growth rate. 1ALV also has an excellent dividend rating. This makes 1ALV very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year 1ALV was profitable.
1ALV had a positive operating cash flow in the past year.
1ALV had positive earnings in each of the past 5 years.
1ALV 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 1.41%, 1ALV is in the better half of the industry, outperforming 71.88% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.44%, 1ALV belongs to the top of the industry, outperforming 90.63% of the companies in the same industry.
1ALV has a Return On Invested Capital of 0.68%. This is in the lower half of the industry: 1ALV underperforms 71.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1ALV is in line with the industry average of 2.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.41% | ||
| ROE | 24.44% | ||
| ROIC | 0.68% |
ROA(3y)0.82%
ROA(5y)0.74%
ROE(3y)14.08%
ROE(5y)11.77%
ROIC(3y)1.5%
ROIC(5y)1.33%
1.3 Margins
With a decent Profit Margin value of 10.07%, 1ALV is doing good in the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Profit Margin of 1ALV has grown nicely.
1ALV has a Operating Margin of 6.18%. This is in the lower half of the industry: 1ALV underperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of 1ALV has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.18% | ||
| PM (TTM) | 10.07% | ||
| GM | N/A |
OM growth 3Y-41.86%
OM growth 5Y-34.3%
PM growth 3Y18.21%
PM growth 5Y6.41%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
1ALV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 1ALV has less shares outstanding
1ALV has less shares outstanding than it did 5 years ago.
1ALV has a worse debt/assets ratio than last year.
2.2 Solvency
1ALV has an Altman-Z score of 0.28. This is a bad value and indicates that 1ALV is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.28, 1ALV is doing good in the industry, outperforming 75.00% of the companies in the same industry.
The Debt to FCF ratio of 1ALV is 1.07, which is an excellent value as it means it would take 1ALV, only 1.07 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.07, 1ALV is doing good in the industry, outperforming 78.13% of the companies in the same industry.
1ALV has a Debt/Equity ratio of 0.53. This is a neutral value indicating 1ALV is somewhat dependend on debt financing.
1ALV has a Debt to Equity ratio (0.53) which is in line with its industry peers.
Even though the debt/equity ratio score it not favorable for 1ALV, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | 0.28 |
ROIC/WACC0.1
WACC6.76%
2.3 Liquidity
A Current Ratio of 0.04 indicates that 1ALV may have some problems paying its short term obligations.
1ALV's Current ratio of 0.04 is fine compared to the rest of the industry. 1ALV outperforms 62.50% of its industry peers.
1ALV has a Quick Ratio of 0.04. This is a bad value and indicates that 1ALV is not financially healthy enough and could expect problems in meeting its short term obligations.
1ALV's Quick ratio of 0.04 is fine compared to the rest of the industry. 1ALV outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.62% over the past year.
The Earnings Per Share has been growing slightly by 6.23% on average over the past years.
1ALV shows a small growth in Revenue. In the last year, the Revenue has grown by 2.31%.
1ALV shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.94% yearly.
EPS 1Y (TTM)20.62%
EPS 3Y17.57%
EPS 5Y6.23%
EPS Q2Q%17%
Revenue 1Y (TTM)2.31%
Revenue growth 3Y-3.34%
Revenue growth 5Y-1.94%
Sales Q2Q%-50.51%
3.2 Future
The Earnings Per Share is expected to grow by 6.46% on average over the next years.
1ALV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.50% yearly.
EPS Next Y10.29%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
EPS Next 5Y6.46%
Revenue Next Year15.31%
Revenue Next 2Y10.52%
Revenue Next 3Y9.25%
Revenue Next 5Y21.5%
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.
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
With a Price/Earnings ratio of 14.80, 1ALV is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as 1ALV.
When comparing the Price/Earnings ratio of 1ALV to the average of the S&P500 Index (24.29), we can say 1ALV is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.42, the valuation of 1ALV can be described as correct.
1ALV's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1ALV is more expensive than 75.00% of the companies in the same industry.
1ALV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.8 | ||
| Fwd PE | 13.42 |
4.2 Price Multiples
65.63% of the companies in the same industry are more expensive than 1ALV, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, 1ALV is valued cheaper than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.84 | ||
| EV/EBITDA | 13.08 |
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)1.44
PEG (5Y)2.38
EPS Next 2Y9.28%
EPS Next 3Y8.91%
5. Dividend
5.1 Amount
1ALV has a Yearly Dividend Yield of 4.23%, which is a nice return.
Compared to an average industry Dividend Yield of 4.68, 1ALV has a dividend in line with its industry peers.
1ALV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
5.2 History
On average, the dividend of 1ALV grows each year by 8.88%, which is quite nice.
Dividend Growth(5Y)8.88%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1ALV pays out 39.04% of its income as dividend. This is a sustainable payout ratio.
1ALV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.04%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
BIT:1ALV (5/6/2025, 7:00:00 PM)
377.5
+8.3 (+2.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.56%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap145.78B
Analysts73.6
Price Target360.85 (-4.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.23% |
Yearly Dividend14.8
Dividend Growth(5Y)8.88%
DP39.04%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.25%
Min EPS beat(2)-0.73%
Max EPS beat(2)7.24%
EPS beat(4)3
Avg EPS beat(4)4.92%
Min EPS beat(4)-0.73%
Max EPS beat(4)9.18%
EPS beat(8)3
Avg EPS beat(8)-2.18%
EPS beat(12)4
Avg EPS beat(12)-7.41%
EPS beat(16)7
Avg EPS beat(16)-9.56%
Revenue beat(2)2
Avg Revenue beat(2)26.83%
Min Revenue beat(2)10.15%
Max Revenue beat(2)43.51%
Revenue beat(4)4
Avg Revenue beat(4)25.56%
Min Revenue beat(4)10.15%
Max Revenue beat(4)43.51%
Revenue beat(8)7
Avg Revenue beat(8)65.62%
Revenue beat(12)9
Avg Revenue beat(12)50.72%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.21%
PT rev (3m)7.64%
EPS NQ rev (1m)-0.96%
EPS NQ rev (3m)1.46%
EPS NY rev (1m)0.22%
EPS NY rev (3m)1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)3.99%
Revenue NY rev (3m)-47.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.8 | ||
| Fwd PE | 13.42 | ||
| P/S | 1 | ||
| P/FCF | 4.84 | ||
| P/OCF | 4.55 | ||
| P/B | 2.42 | ||
| P/tB | 3.54 | ||
| EV/EBITDA | 13.08 |
EPS(TTM)25.5
EY6.75%
EPS(NY)28.12
Fwd EY7.45%
FCF(TTM)78.01
FCFY20.66%
OCF(TTM)82.97
OCFY21.98%
SpS379.02
BVpS156.12
TBVpS106.59
PEG (NY)1.44
PEG (5Y)2.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.41% | ||
| ROE | 24.44% | ||
| ROCE | 0.88% | ||
| ROIC | 0.68% | ||
| ROICexc | 0.7% | ||
| ROICexgc | 0.87% | ||
| OM | 6.18% | ||
| PM (TTM) | 10.07% | ||
| GM | N/A | ||
| FCFM | 20.58% |
ROA(3y)0.82%
ROA(5y)0.74%
ROE(3y)14.08%
ROE(5y)11.77%
ROIC(3y)1.5%
ROIC(5y)1.33%
ROICexc(3y)1.54%
ROICexc(5y)1.36%
ROICexgc(3y)1.95%
ROICexgc(5y)1.72%
ROCE(3y)1.96%
ROCE(5y)1.74%
ROICexcg growth 3Y-42.34%
ROICexcg growth 5Y-35.41%
ROICexc growth 3Y-41.74%
ROICexc growth 5Y-35.72%
OM growth 3Y-41.86%
OM growth 5Y-34.3%
PM growth 3Y18.21%
PM growth 5Y6.41%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.07 | ||
| Debt/EBITDA | 2.88 | ||
| Cap/Depr | 88.9% | ||
| Cap/Sales | 1.31% | ||
| Interest Coverage | 5.81 | ||
| Cash Conversion | 286.17% | ||
| Profit Quality | 204.49% | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | 0.28 |
F-Score6
WACC6.76%
ROIC/WACC0.1
Cap/Depr(3y)85.78%
Cap/Depr(5y)75.55%
Cap/Sales(3y)1.85%
Cap/Sales(5y)1.64%
Profit Quality(3y)276.66%
Profit Quality(5y)329.2%
High Growth Momentum
Growth
EPS 1Y (TTM)20.62%
EPS 3Y17.57%
EPS 5Y6.23%
EPS Q2Q%17%
EPS Next Y10.29%
EPS Next 2Y9.28%
EPS Next 3Y8.91%
EPS Next 5Y6.46%
Revenue 1Y (TTM)2.31%
Revenue growth 3Y-3.34%
Revenue growth 5Y-1.94%
Sales Q2Q%-50.51%
Revenue Next Year15.31%
Revenue Next 2Y10.52%
Revenue Next 3Y9.25%
Revenue Next 5Y21.5%
EBIT growth 1Y-28.58%
EBIT growth 3Y-43.8%
EBIT growth 5Y-35.58%
EBIT Next Year9.17%
EBIT Next 3Y7.12%
EBIT Next 5YN/A
FCF growth 1Y34.65%
FCF growth 3Y8.3%
FCF growth 5Y-2.95%
OCF growth 1Y30.71%
OCF growth 3Y8.44%
OCF growth 5Y-2.47%