BANCA GENERALI SPA (BGN.MI) Stock Fundamental Analysis
Europe - BIT:BGN - IT0001031084 - Common Stock
47.4 EUR
+0.8 (+1.72%)
We assign a fundamental rating of 5 out of 10 to BGN. BGN was compared to 110 industry peers in the Capital Markets industry. While BGN belongs to the best of the industry regarding profitability, there are concerns on its financial health. BGN has a decent growth rate and is not valued too expensively. Finally BGN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BGN had positive earnings in the past year.
BGN had a positive operating cash flow in the past year.
Each year in the past 5 years BGN has been profitable.
Of the past 5 years BGN 4 years had a positive operating cash flow.
1.2 Ratios
BGN has a Return On Assets of 3.42%. This is in the better half of the industry: BGN outperforms 66.36% of its industry peers.
With an excellent Return On Equity value of 44.44%, BGN belongs to the best of the industry, outperforming 96.36% of the companies in the same industry.
With a decent Return On Invested Capital value of 3.89%, BGN is doing good in the industry, outperforming 65.45% of the companies in the same industry.
BGN had an Average Return On Invested Capital over the past 3 years of 2.08%. This is significantly below the industry average of 8.35%.
The last Return On Invested Capital (3.89%) for BGN is above the 3 year average (2.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 44.44% | ||
| ROIC | 3.89% |
ROA(3y)1.97%
ROA(5y)2%
ROE(3y)25.46%
ROE(5y)25.76%
ROIC(3y)2.08%
ROIC(5y)2.02%
1.3 Margins
The Profit Margin of BGN (26.04%) is better than 70.00% of its industry peers.
In the last couple of years the Profit Margin of BGN has remained more or less at the same level.
Looking at the Operating Margin, with a value of 38.84%, BGN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
BGN's Operating Margin has been stable in the last couple of years.
BGN has a better Gross Margin (62.76%) than 76.36% of its industry peers.
BGN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.84% | ||
| PM (TTM) | 26.04% | ||
| GM | 62.76% |
OM growth 3Y3.47%
OM growth 5Y1.48%
PM growth 3Y1.03%
PM growth 5Y-0.14%
GM growth 3Y2.26%
GM growth 5Y1.11%
2. Health
2.1 Basic Checks
The number of shares outstanding for BGN remains at a similar level compared to 1 year ago.
BGN has less shares outstanding than it did 5 years ago.
BGN has a better debt/assets ratio than last year.
2.2 Solvency
BGN has an Altman-Z score of -0.37. This is a bad value and indicates that BGN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.37, BGN is doing worse than 60.00% of the companies in the same industry.
BGN has a debt to FCF ratio of 26.84. This is a negative value and a sign of low solvency as BGN would need 26.84 years to pay back of all of its debts.
BGN has a better Debt to FCF ratio (26.84) than 61.82% of its industry peers.
BGN has a Debt/Equity ratio of 11.08. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 11.08, BGN is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 11.08 | ||
| Debt/FCF | 26.84 | ||
| Altman-Z | -0.37 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BGN has a Current Ratio of 0.06. This is a bad value and indicates that BGN is not financially healthy enough and could expect problems in meeting its short term obligations.
BGN has a worse Current ratio (0.06) than 61.82% of its industry peers.
BGN has a Quick Ratio of 0.06. This is a bad value and indicates that BGN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.06, BGN is doing worse than 61.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.37% over the past year.
The Earnings Per Share has been growing by 9.97% on average over the past years. This is quite good.
The Revenue has been growing slightly by 7.80% in the past year.
The Revenue has been growing by 9.79% on average over the past years. This is quite good.
EPS 1Y (TTM)1.37%
EPS 3Y10.42%
EPS 5Y9.97%
EPS Q2Q%-16.48%
Revenue 1Y (TTM)7.8%
Revenue growth 3Y8.98%
Revenue growth 5Y9.79%
Sales Q2Q%-0.7%
3.2 Future
Based on estimates for the next years, BGN will show a small growth in Earnings Per Share. The EPS will grow by 1.45% on average per year.
Based on estimates for the next years, BGN will show a small growth in Revenue. The Revenue will grow by 1.01% on average per year.
EPS Next Y-5.31%
EPS Next 2Y-1.91%
EPS Next 3Y-0.01%
EPS Next 5Y1.45%
Revenue Next Year-0.39%
Revenue Next 2Y1.1%
Revenue Next 3Y2.21%
Revenue Next 5Y1.01%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.99, the valuation of BGN can be described as very reasonable.
BGN's Price/Earnings ratio is rather cheap when compared to the industry. BGN is cheaper than 88.18% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.32. BGN is valued rather cheaply when compared to this.
BGN is valuated correctly with a Price/Forward Earnings ratio of 13.81.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BGN indicates a somewhat cheap valuation: BGN is cheaper than 76.36% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BGN to the average of the S&P500 Index (22.89), we can say BGN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 13.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGN is valued cheaper than 85.45% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BGN is valued cheaply inside the industry as 84.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.89 | ||
| EV/EBITDA | 5.34 |
4.3 Compensation for Growth
The decent profitability rating of BGN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.9
EPS Next 2Y-1.91%
EPS Next 3Y-0.01%
5. Dividend
5.1 Amount
BGN has a Yearly Dividend Yield of 6.01%, which is a nice return.
Compared to an average industry Dividend Yield of 6.16, BGN pays a better dividend. On top of this BGN pays more dividend than 88.18% of the companies listed in the same industry.
BGN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
5.2 History
The dividend of BGN is nicely growing with an annual growth rate of 12.15%!
Dividend Growth(5Y)12.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BGN pays out 52.33% of its income as dividend. This is a bit on the high side, but may be sustainable.
BGN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP52.33%
EPS Next 2Y-1.91%
EPS Next 3Y-0.01%
BIT:BGN (9/26/2025, 7:00:00 PM)
47.4
+0.8 (+1.72%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners23.72%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.54B
Analysts72.73
Price Target54.29 (14.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend2.22
Dividend Growth(5Y)12.15%
DP52.33%
Div Incr Years0
Div Non Decr Years0
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)-0.53%
PT rev (3m)1.22%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.37%
Revenue NY rev (3m)3.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 13.81 | ||
| P/S | 2.4 | ||
| P/FCF | 9.89 | ||
| P/OCF | 9.47 | ||
| P/B | 4.09 | ||
| P/tB | 4.84 | ||
| EV/EBITDA | 5.34 |
EPS(TTM)5.27
EY11.12%
EPS(NY)3.43
Fwd EY7.24%
FCF(TTM)4.79
FCFY10.11%
OCF(TTM)5
OCFY10.56%
SpS19.76
BVpS11.58
TBVpS9.79
PEG (NY)N/A
PEG (5Y)0.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.42% | ||
| ROE | 44.44% | ||
| ROCE | 35.96% | ||
| ROIC | 3.89% | ||
| ROICexc | 4.06% | ||
| ROICexgc | 4.21% | ||
| OM | 38.84% | ||
| PM (TTM) | 26.04% | ||
| GM | 62.76% | ||
| FCFM | 24.27% |
ROA(3y)1.97%
ROA(5y)2%
ROE(3y)25.46%
ROE(5y)25.76%
ROIC(3y)2.08%
ROIC(5y)2.02%
ROICexc(3y)2.19%
ROICexc(5y)2.15%
ROICexgc(3y)2.26%
ROICexgc(5y)2.21%
ROCE(3y)19.82%
ROCE(5y)19.31%
ROICexcg growth 3Y10.33%
ROICexcg growth 5Y4.16%
ROICexc growth 3Y9.91%
ROICexc growth 5Y4.01%
OM growth 3Y3.47%
OM growth 5Y1.48%
PM growth 3Y1.03%
PM growth 5Y-0.14%
GM growth 3Y2.26%
GM growth 5Y1.11%
F-Score4
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 11.08 | ||
| Debt/FCF | 26.84 | ||
| Debt/EBITDA | 15.92 | ||
| Cap/Depr | 55.13% | ||
| Cap/Sales | 1.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.13% | ||
| Profit Quality | 93.19% | ||
| Current Ratio | 0.06 | ||
| Quick Ratio | 0.06 | ||
| Altman-Z | -0.37 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)60.41%
Cap/Depr(5y)53.91%
Cap/Sales(3y)1.82%
Cap/Sales(5y)1.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.37%
EPS 3Y10.42%
EPS 5Y9.97%
EPS Q2Q%-16.48%
EPS Next Y-5.31%
EPS Next 2Y-1.91%
EPS Next 3Y-0.01%
EPS Next 5Y1.45%
Revenue 1Y (TTM)7.8%
Revenue growth 3Y8.98%
Revenue growth 5Y9.79%
Sales Q2Q%-0.7%
Revenue Next Year-0.39%
Revenue Next 2Y1.1%
Revenue Next 3Y2.21%
Revenue Next 5Y1.01%
EBIT growth 1Y3.12%
EBIT growth 3Y12.77%
EBIT growth 5Y11.41%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y169.47%
FCF growth 3Y-17.34%
FCF growth 5YN/A
OCF growth 1Y174.45%
OCF growth 3Y-16.68%
OCF growth 5YN/A