ASR NEDERLAND NV (ASRNL.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ASRNL - NL0011872643 - Common Stock
60.04 EUR
-0.48 (-0.79%)
ASRNL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 48 industry peers in the Insurance industry. ASRNL may be in some trouble as it scores bad on both profitability and health. ASRNL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ASRNL was profitable.
- In the past year ASRNL had a positive cash flow from operations.
- ASRNL had positive earnings in 4 of the past 5 years.
- In multiple years ASRNL reported negative operating cash flow during the last 5 years.
1.2 Ratios
- ASRNL's Return On Assets of 0.76% is on the low side compared to the rest of the industry. ASRNL is outperformed by 70.83% of its industry peers.
- With a Return On Equity value of 10.90%, ASRNL is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
- With an excellent Return On Invested Capital value of 3.59%, ASRNL belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 10.9% | ||
| ROIC | 3.59% |
ROA(3y)-0.5%
ROA(5y)0.09%
ROE(3y)-2.82%
ROE(5y)2.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- ASRNL's Profit Margin of 6.52% is on the low side compared to the rest of the industry. ASRNL is outperformed by 72.92% of its industry peers.
- In the last couple of years the Profit Margin of ASRNL has declined.
- With an excellent Operating Margin value of 40.37%, ASRNL belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
- ASRNL's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.37% | ||
| PM (TTM) | 6.52% | ||
| GM | N/A |
OM growth 3Y3.92%
OM growth 5Y-0.14%
PM growth 3Y-6.35%
PM growth 5Y-7.93%
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), ASRNL is destroying value.
- The number of shares outstanding for ASRNL has been reduced compared to 1 year ago.
- The number of shares outstanding for ASRNL has been increased compared to 5 years ago.
- ASRNL has a better debt/assets ratio than last year.
2.2 Solvency
- ASRNL has a debt to FCF ratio of 179.66. This is a negative value and a sign of low solvency as ASRNL would need 179.66 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 179.66, ASRNL is not doing good in the industry: 85.42% of the companies in the same industry are doing better.
- ASRNL has a Debt/Equity ratio of 0.97. This is a neutral value indicating ASRNL is somewhat dependend on debt financing.
- ASRNL has a worse Debt to Equity ratio (0.97) than 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 179.66 | ||
| Altman-Z | N/A |
ROIC/WACC0.23
WACC15.36%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 68.75% over the past year.
- The Earnings Per Share has been decreasing by -8.32% on average over the past years.
- ASRNL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.18%.
- ASRNL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.88% yearly.
EPS 1Y (TTM)68.75%
EPS 3Y-12.51%
EPS 5Y-8.32%
EPS Q2Q%214.29%
Revenue 1Y (TTM)12.18%
Revenue growth 3Y6.3%
Revenue growth 5Y7.88%
Sales Q2Q%17.62%
3.2 Future
- The Earnings Per Share is expected to grow by 10.62% on average over the next years. This is quite good.
- The Revenue is expected to grow by 1.90% on average over the next years.
EPS Next Y20.76%
EPS Next 2Y22.95%
EPS Next 3Y16.81%
EPS Next 5Y10.62%
Revenue Next Year-22.19%
Revenue Next 2Y-10.51%
Revenue Next 3Y1.9%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- ASRNL is valuated correctly with a Price/Earnings ratio of 13.90.
- Compared to the rest of the industry, the Price/Earnings ratio of ASRNL is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 27.21. ASRNL is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 10.15 indicates a reasonable valuation of ASRNL.
- ASRNL's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. ASRNL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.9 | ||
| Fwd PE | 10.15 |
4.2 Price Multiples
- 97.92% of the companies in the same industry are more expensive than ASRNL, based on the Enterprise Value to EBITDA ratio.
- 85.42% of the companies in the same industry are cheaper than ASRNL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 236.89 | ||
| EV/EBITDA | 2.12 |
4.3 Compensation for Growth
- ASRNL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ASRNL's earnings are expected to grow with 16.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.67
PEG (5Y)N/A
EPS Next 2Y22.95%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.26%, ASRNL is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.19, ASRNL pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, ASRNL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
5.2 History
- On average, the dividend of ASRNL grows each year by 18.44%, which is quite nice.
Dividend Growth(5Y)18.44%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- ASRNL pays out 60.74% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ASRNL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.74%
EPS Next 2Y22.95%
EPS Next 3Y16.81%
ASR NEDERLAND NV / ASRNL.AS FAQ
What is the ChartMill fundamental rating of ASR NEDERLAND NV (ASRNL.AS) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ASRNL.AS.
Can you provide the valuation status for ASR NEDERLAND NV?
ChartMill assigns a valuation rating of 5 / 10 to ASR NEDERLAND NV (ASRNL.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for ASR NEDERLAND NV?
ASR NEDERLAND NV (ASRNL.AS) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ASR NEDERLAND NV (ASRNL.AS) stock?
The Price/Earnings (PE) ratio for ASR NEDERLAND NV (ASRNL.AS) is 13.9 and the Price/Book (PB) ratio is 1.27.
What is the expected EPS growth for ASR NEDERLAND NV (ASRNL.AS) stock?
The Earnings per Share (EPS) of ASR NEDERLAND NV (ASRNL.AS) is expected to grow by 20.76% in the next year.