BANCA GENERALI SPA (BGN.MI) Stock Fundamental Analysis
BIT:BGN - Euronext Milan - IT0001031084 - Common Stock - Currency: EUR
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 has a great profitability rating, there are quite some concerns on its financial health. BGN is not valued too expensively and it also shows a decent growth rate. Finally BGN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BGN was profitable.
BGN had a positive operating cash flow in the past year.
In the past 5 years BGN has always been profitable.
Of the past 5 years BGN 4 years had a positive operating cash flow.
1.2 Ratios
BGN's Return On Assets of 3.88% is fine compared to the rest of the industry. BGN outperforms 68.18% of its industry peers.
Looking at the Return On Equity, with a value of 44.68%, BGN belongs to the top of the industry, outperforming 99.09% of the companies in the same industry.
BGN's Return On Invested Capital of 4.26% is fine compared to the rest of the industry. BGN outperforms 64.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BGN is significantly below the industry average of 7.99%.
The last Return On Invested Capital (4.26%) for BGN is above the 3 year average (2.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 44.68% | ||
| ROIC | 4.26% |
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
BGN's Profit Margin of 28.26% is fine compared to the rest of the industry. BGN outperforms 79.09% of its industry peers.
BGN's Profit Margin has been stable in the last couple of years.
BGN's Operating Margin of 41.29% is amongst the best of the industry. BGN outperforms 83.64% of its industry peers.
BGN's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 63.91%, BGN is in the better half of the industry, outperforming 71.82% of the companies in the same industry.
BGN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 41.29% | ||
| PM (TTM) | 28.26% | ||
| GM | 63.91% |
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.
Compared to 5 years ago, BGN has less shares outstanding
BGN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.29, we must say that BGN is in the distress zone and has some risk of bankruptcy.
BGN's Altman-Z score of -0.29 is on the low side compared to the rest of the industry. BGN is outperformed by 60.00% of its industry peers.
BGN has a debt to FCF ratio of 22.21. This is a negative value and a sign of low solvency as BGN would need 22.21 years to pay back of all of its debts.
The Debt to FCF ratio of BGN (22.21) is better than 66.36% of its industry peers.
A Debt/Equity ratio of 9.94 is on the high side and indicates that BGN has dependencies on debt financing.
BGN's Debt to Equity ratio of 9.94 is on the low side compared to the rest of the industry. BGN is outperformed by 70.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.94 | ||
| Debt/FCF | 22.21 | ||
| Altman-Z | -0.29 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.09 indicates that BGN may have some problems paying its short term obligations.
BGN has a worse Current ratio (0.09) than 61.82% of its industry peers.
BGN has a Quick Ratio of 0.09. 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 Quick ratio (0.09) than 61.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 |
3. Growth
3.1 Past
BGN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.32%, which is quite impressive.
The Earnings Per Share has been growing by 9.97% on average over the past years. This is quite good.
Looking at the last year, BGN shows a quite strong growth in Revenue. The Revenue has grown by 14.89% in the last year.
The Revenue has been growing by 9.79% on average over the past years. This is quite good.
EPS 1Y (TTM)21.32%
EPS 3Y10.42%
EPS 5Y9.97%
EPS Q2Q%-9.51%
Revenue 1Y (TTM)14.89%
Revenue growth 3Y8.98%
Revenue growth 5Y9.79%
Sales Q2Q%1.48%
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-6.51%
EPS Next 2Y-1.52%
EPS Next 3Y0.94%
EPS Next 5Y1.45%
Revenue Next Year-4.2%
Revenue Next 2Y0.11%
Revenue Next 3Y1.71%
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
The Price/Earnings ratio is 8.43, which indicates a very decent valuation of BGN.
87.27% of the companies in the same industry are more expensive than BGN, based on the Price/Earnings ratio.
BGN is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.70, BGN is valued correctly.
BGN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BGN is cheaper than 74.55% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BGN to the average of the S&P500 Index (22.19), we can say BGN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.43 | ||
| Fwd PE | 13.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGN is valued cheaply inside the industry as 87.27% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BGN is valued cheaper than 91.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.47 | ||
| EV/EBITDA | 5.81 |
4.3 Compensation for Growth
The decent profitability rating of BGN may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.85
EPS Next 2Y-1.52%
EPS Next 3Y0.94%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.54%, BGN is a good candidate for dividend investing.
BGN's Dividend Yield is rather good when compared to the industry average which is at 4.96. BGN pays more dividend than 89.09% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, BGN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
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 38.84% of its income as dividend. This is a sustainable payout ratio.
BGN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP38.84%
EPS Next 2Y-1.52%
EPS Next 3Y0.94%
BIT:BGN (6/18/2025, 7:00:00 PM)
47.4
-0.38 (-0.8%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners23.89%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.54B
Analysts70.91
Price Target53.64 (13.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
Yearly Dividend2.22
Dividend Growth(5Y)12.15%
DP38.84%
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)0.98%
PT rev (3m)6.69%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.63%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.43 | ||
| Fwd PE | 13.7 | ||
| P/S | 2.4 | ||
| P/FCF | 8.47 | ||
| P/OCF | 8.17 | ||
| P/B | 3.79 | ||
| P/tB | 4.24 | ||
| EV/EBITDA | 5.81 |
EPS(TTM)5.62
EY11.86%
EPS(NY)3.46
Fwd EY7.3%
FCF(TTM)5.59
FCFY11.8%
OCF(TTM)5.8
OCFY12.24%
SpS19.75
BVpS12.49
TBVpS11.18
PEG (NY)N/A
PEG (5Y)0.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 44.68% | ||
| ROCE | 39.71% | ||
| ROIC | 4.26% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 4.39% | ||
| OM | 41.29% | ||
| PM (TTM) | 28.26% | ||
| GM | 63.91% | ||
| FCFM | 28.32% |
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-Score8
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.94 | ||
| Debt/FCF | 22.21 | ||
| Debt/EBITDA | 14.58 | ||
| Cap/Depr | 57.76% | ||
| Cap/Sales | 1.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.13% | ||
| Profit Quality | 100.23% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.09 | ||
| Altman-Z | -0.29 |
F-Score8
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)21.32%
EPS 3Y10.42%
EPS 5Y9.97%
EPS Q2Q%-9.51%
EPS Next Y-6.51%
EPS Next 2Y-1.52%
EPS Next 3Y0.94%
EPS Next 5Y1.45%
Revenue 1Y (TTM)14.89%
Revenue growth 3Y8.98%
Revenue growth 5Y9.79%
Sales Q2Q%1.48%
Revenue Next Year-4.2%
Revenue Next 2Y0.11%
Revenue Next 3Y1.71%
Revenue Next 5Y1.01%
EBIT growth 1Y29.61%
EBIT growth 3Y12.77%
EBIT growth 5Y11.41%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y870.44%
FCF growth 3Y-17.34%
FCF growth 5YN/A
OCF growth 1Y614.32%
OCF growth 3Y-16.68%
OCF growth 5YN/A