GENERALI (ASG.DE) Stock Fundamental Analysis
FRA:ASG - Deutsche Boerse Ag - IT0000062072 - Common Stock - Currency: EUR
Overall ASG gets a fundamental rating of 4 out of 10. We evaluated ASG against 38 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 decent growth rate and is not valued too expensively. ASG also has an excellent dividend rating.
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.
1.2 Ratios
ASG has a worse Return On Assets (0.69%) than 63.16% of its industry peers.
With a Return On Equity value of 12.25%, ASG perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
ASG's Return On Invested Capital of 1.14% is in line compared to the rest of the industry. ASG outperforms 52.63% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASG is in line with the industry average of 2.05%.
The last Return On Invested Capital (1.14%) for ASG is above the 3 year average (1.02%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 12.25% | ||
| ROIC | 1.14% |
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
With a Profit Margin value of 6.50%, ASG is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of ASG has grown nicely.
ASG has a Operating Margin of 14.76%. This is in the better half of the industry: ASG outperforms 71.05% of its industry peers.
ASG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.76% | ||
| PM (TTM) | 6.5% | ||
| 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
ASG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ASG has less shares outstanding than it did 1 year ago.
ASG has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASG has a worse debt to assets ratio.
2.2 Solvency
ASG has a debt to FCF ratio of 2.50. This is a good value and a sign of high solvency as ASG would need 2.50 years to pay back of all of its debts.
ASG's Debt to FCF ratio of 2.50 is fine compared to the rest of the industry. ASG outperforms 68.42% of its industry peers.
ASG has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
ASG has a Debt to Equity ratio of 1.24. This is in the lower half of the industry: ASG underperforms 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 2.5 | ||
| Altman-Z | N/A |
ROIC/WACC0.17
WACC6.84%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
ASG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.56%, which is quite good.
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.
Looking at the last year, ASG shows a small growth in Revenue. The Revenue has grown by 6.77% in the last year.
Measured over the past years, ASG shows a decrease in Revenue. The Revenue has been decreasing by -9.23% on average per year.
EPS 1Y (TTM)11.56%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%8.22%
Revenue 1Y (TTM)6.77%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%N/A
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 8.67% on average per year.
ASG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.57% yearly.
EPS Next Y13.18%
EPS Next 2Y10.56%
EPS Next 3Y10.28%
EPS Next 5Y8.67%
Revenue Next Year4.72%
Revenue Next 2Y4.34%
Revenue Next 3Y5.35%
Revenue Next 5Y4.57%
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
The Price/Earnings ratio is 12.76, which indicates a correct valuation of ASG.
Based on the Price/Earnings ratio, ASG is valued a bit cheaper than 65.79% of the companies in the same industry.
ASG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.25.
The Price/Forward Earnings ratio is 10.70, which indicates a very decent valuation of ASG.
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 (22.15), we can say ASG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 10.7 |
4.2 Price Multiples
ASG's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ASG is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.31 | ||
| 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)0.97
PEG (5Y)1.63
EPS Next 2Y10.56%
EPS Next 3Y10.28%
5. Dividend
5.1 Amount
ASG has a Yearly Dividend Yield of 4.44%, which is a nice return.
ASG's Dividend Yield is a higher than the industry average which is at 4.54.
ASG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
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 53.33% 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.
DP53.33%
EPS Next 2Y10.56%
EPS Next 3Y10.28%
FRA:ASG (5/30/2025, 7:00:00 PM)
32.04
-0.19 (-0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners33.62%
Inst Owner ChangeN/A
Ins Owners16.85%
Ins Owner ChangeN/A
Market Cap49.65B
Analysts67.41
Price Target30.84 (-3.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
Yearly Dividend1.28
Dividend Growth(5Y)7.3%
DP53.33%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.03%
Min EPS beat(2)-39.48%
Max EPS beat(2)-10.58%
EPS beat(4)1
Avg EPS beat(4)-15.42%
Min EPS beat(4)-39.48%
Max EPS beat(4)13.6%
EPS beat(8)3
Avg EPS beat(8)-8.53%
EPS beat(12)3
Avg EPS beat(12)-13.21%
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)-0.12%
PT rev (3m)4.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.22%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 10.7 | ||
| P/S | 0.87 | ||
| P/FCF | 3.31 | ||
| P/OCF | 3.23 | ||
| P/B | 1.63 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.51
EY7.83%
EPS(NY)2.99
Fwd EY9.35%
FCF(TTM)9.68
FCFY30.22%
OCF(TTM)9.93
OCFY30.98%
SpS36.96
BVpS19.61
TBVpS11.95
PEG (NY)0.97
PEG (5Y)1.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 12.25% | ||
| ROCE | 1.6% | ||
| ROIC | 1.14% | ||
| ROICexc | 1.14% | ||
| ROICexgc | 1.19% | ||
| OM | 14.76% | ||
| PM (TTM) | 6.5% | ||
| GM | N/A | ||
| FCFM | 26.2% |
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-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 2.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.66% | ||
| Interest Coverage | 4.13 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 402.93% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC6.84%
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)11.56%
EPS 3Y10.75%
EPS 5Y7.84%
EPS Q2Q%8.22%
EPS Next Y13.18%
EPS Next 2Y10.56%
EPS Next 3Y10.28%
EPS Next 5Y8.67%
Revenue 1Y (TTM)6.77%
Revenue growth 3Y-16.41%
Revenue growth 5Y-9.23%
Sales Q2Q%N/A
Revenue Next Year4.72%
Revenue Next 2Y4.34%
Revenue Next 3Y5.35%
Revenue Next 5Y4.57%
EBIT growth 1Y2.52%
EBIT growth 3Y2.59%
EBIT growth 5Y6.12%
EBIT Next Year1434.03%
EBIT Next 3Y156.59%
EBIT Next 5YN/A
FCF growth 1Y864.95%
FCF growth 3Y-4.96%
FCF growth 5Y-5.36%
OCF growth 1Y788.16%
OCF growth 3Y-4.17%
OCF growth 5Y-5.43%