GENERALI (ASG.DE) Stock Fundamental Analysis
FRA:ASG - IT0000062072 - Common Stock
33.52 EUR
+0.15 (+0.45%)
Taking everything into account, ASG scores 4 out of 10 in our fundamental rating. ASG was compared to 36 industry peers in the Insurance industry. ASG has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASG has a correct valuation and a medium growth rate. 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.
Each year in the past 5 years ASG had a positive operating cash flow.
1.2 Ratios
ASG has a worse Return On Assets (0.71%) than 72.22% of its industry peers.
Looking at the Return On Equity, with a value of 12.87%, ASG is in line with its industry, outperforming 41.67% of the companies in the same industry.
ASG has a Return On Invested Capital of 1.08%. This is comparable to the rest of the industry: ASG outperforms 44.44% of its industry peers.
ASG had an Average Return On Invested Capital over the past 3 years of 1.02%. This is in line with the industry average of 2.28%.
The last Return On Invested Capital (1.08%) for ASG is above the 3 year average (1.02%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROIC | 1.08% |
ROA(3y)0.62%
ROA(5y)0.54%
ROE(3y)11.19%
ROE(5y)9.82%
ROIC(3y)1.02%
ROIC(5y)0.99%
1.3 Margins
ASG has a worse Profit Margin (6.59%) than 69.44% of its industry peers.
In the last couple of years the Profit Margin of ASG has grown nicely.
The Operating Margin of ASG (13.98%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of ASG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.98% | ||
| PM (TTM) | 6.59% | ||
| GM | N/A |
OM growth 3Y22.73%
OM growth 5Y16.91%
PM growth 3Y30.83%
PM growth 5Y17.75%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASG 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.
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 better Debt to FCF ratio (2.11) than 61.11% of 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 83.33% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Altman-Z | N/A |
ROIC/WACC0.17
WACC6.43%
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 small growth in Revenue. The Revenue has grown by 3.72% in the last year.
The Revenue has been decreasing by -9.23% on average over the past years.
EPS 1Y (TTM)5.6%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%6.9%
Revenue 1Y (TTM)3.72%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%2.84%
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 8.17% on average per year.
ASG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.61% yearly.
EPS Next Y15.88%
EPS Next 2Y12.38%
EPS Next 3Y11.05%
EPS Next 5Y8.17%
Revenue Next Year5.83%
Revenue Next 2Y5.12%
Revenue Next 3Y4.89%
Revenue Next 5Y3.61%
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
A Price/Earnings ratio of 13.68 indicates a correct valuation of ASG.
ASG's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of ASG to the average of the S&P500 Index (27.13), we can say ASG is valued slightly cheaper.
ASG is valuated reasonably with a Price/Forward Earnings ratio of 10.83.
The rest of the industry has a similar Price/Forward Earnings ratio as ASG.
ASG is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, ASG is valued cheaper than 97.22% of the companies in the same industry.
| 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)0.86
PEG (5Y)1.75
EPS Next 2Y12.38%
EPS Next 3Y11.05%
5. Dividend
5.1 Amount
ASG has a Yearly Dividend Yield of 4.27%, which is a nice return.
ASG's Dividend Yield is comparable with the industry average which is at 4.47.
Compared to an average S&P500 Dividend Yield of 2.32, ASG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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 2Y12.38%
EPS Next 3Y11.05%
FRA:ASG (9/1/2025, 7:00:00 PM)
33.52
+0.15 (+0.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners34.09%
Inst Owner ChangeN/A
Ins Owners17.17%
Ins Owner ChangeN/A
Market Cap51.95B
Analysts69.6
Price Target32.41 (-3.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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)3.21%
PT rev (3m)5.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.39%
EPS NY rev (3m)2.39%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 10.83 | ||
| P/S | 0.89 | ||
| P/FCF | 2.83 | ||
| P/OCF | 2.76 | ||
| P/B | 1.75 | ||
| P/tB | 2.91 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY7.31%
EPS(NY)3.09
Fwd EY9.23%
FCF(TTM)11.83
FCFY35.29%
OCF(TTM)12.16
OCFY36.26%
SpS37.47
BVpS19.18
TBVpS11.53
PEG (NY)0.86
PEG (5Y)1.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 12.87% | ||
| ROCE | 1.53% | ||
| ROIC | 1.08% | ||
| ROICexc | 1.1% | ||
| ROICexgc | 1.15% | ||
| OM | 13.98% | ||
| PM (TTM) | 6.59% | ||
| GM | N/A | ||
| FCFM | 31.57% |
ROA(3y)0.62%
ROA(5y)0.54%
ROE(3y)11.19%
ROE(5y)9.82%
ROIC(3y)1.02%
ROIC(5y)0.99%
ROICexc(3y)1.04%
ROICexc(5y)1.01%
ROICexgc(3y)1.08%
ROICexgc(5y)1.05%
ROCE(3y)1.44%
ROCE(5y)1.4%
ROICexcg growth 3Y5.43%
ROICexcg growth 5Y5.15%
ROICexc growth 3Y5.74%
ROICexc growth 5Y5.3%
OM growth 3Y22.73%
OM growth 5Y16.91%
PM growth 3Y30.83%
PM growth 5Y17.75%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.11 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 4.52 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 479.37% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.43%
ROIC/WACC0.17
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.99%
Cap/Sales(5y)N/A
Profit Quality(3y)288.69%
Profit Quality(5y)514%
High Growth Momentum
Growth
EPS 1Y (TTM)5.6%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%6.9%
EPS Next Y15.88%
EPS Next 2Y12.38%
EPS Next 3Y11.05%
EPS Next 5Y8.17%
Revenue 1Y (TTM)3.72%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%2.84%
Revenue Next Year5.83%
Revenue Next 2Y5.12%
Revenue Next 3Y4.89%
Revenue Next 5Y3.61%
EBIT growth 1Y-3.7%
EBIT growth 3Y2.59%
EBIT growth 5Y6.12%
EBIT Next Year1434.03%
EBIT Next 3Y156.59%
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%