UNIPOL ASSICURAZIONI SPA (UNI.MI) Stock Fundamental Analysis
BIT:UNI - Euronext Milan - IT0004810054 - Common Stock - Currency: EUR
UNI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 38 industry peers in the Insurance industry. While UNI is still in line with the averages on profitability rating, there are concerns on its financial health. UNI has a valuation in line with the averages, but on the other hand it scores bad on growth. UNI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
UNI had positive earnings in the past year.
In the past year UNI had a positive cash flow from operations.
UNI had positive earnings in each of the past 5 years.
In the past 5 years UNI always reported a positive cash flow from operatings.
1.2 Ratios
UNI has a Return On Assets of 1.29%. This is in the better half of the industry: UNI outperforms 68.42% of its industry peers.
Looking at the Return On Equity, with a value of 11.52%, UNI is doing worse than 60.53% of the companies in the same industry.
UNI has a worse Return On Invested Capital (0.79%) than 60.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 11.52% | ||
| ROIC | 0.79% |
ROA(3y)1.13%
ROA(5y)1.01%
ROE(3y)11%
ROE(5y)10.07%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
UNI has a Profit Margin (9.68%) which is comparable to the rest of the industry.
UNI's Profit Margin has improved in the last couple of years.
UNI has a worse Operating Margin (6.88%) than 71.05% of its industry peers.
In the last couple of years the Operating Margin of UNI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.88% | ||
| PM (TTM) | 9.68% | ||
| GM | N/A |
OM growth 3Y-4.12%
OM growth 5Y2.13%
PM growth 3Y31.37%
PM growth 5Y11.49%
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 UNI is destroying value.
The number of shares outstanding for UNI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, UNI has about the same amount of shares outstanding.
UNI has a worse debt/assets ratio than last year.
2.2 Solvency
UNI has a debt to FCF ratio of 3.48. This is a good value and a sign of high solvency as UNI would need 3.48 years to pay back of all of its debts.
The Debt to FCF ratio of UNI (3.48) is comparable to the rest of the industry.
UNI has a Debt/Equity ratio of 0.60. This is a neutral value indicating UNI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.60, UNI is in line with its industry, outperforming 47.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.48 | ||
| Altman-Z | N/A |
ROIC/WACC0.11
WACC7.25%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for UNI have decreased by -2.45% in the last year.
The Earnings Per Share has been growing slightly by 3.54% on average over the past years.
The Revenue has decreased by -1.12% in the past year.
The Revenue has been decreasing by -7.13% on average over the past years.
EPS 1Y (TTM)-2.45%
EPS 3Y19.68%
EPS 5Y3.54%
EPS Q2Q%-17.81%
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y-8.9%
Revenue growth 5Y-7.13%
Sales Q2Q%-5.72%
3.2 Future
The Earnings Per Share is expected to grow by 5.52% on average over the next years.
The Revenue is expected to grow by 4.52% on average over the next years.
EPS Next Y4.74%
EPS Next 2Y5.12%
EPS Next 3Y5.52%
EPS Next 5YN/A
Revenue Next Year3.88%
Revenue Next 2Y4.32%
Revenue Next 3Y4.52%
Revenue Next 5YN/A
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 accelerating.
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
Based on the Price/Earnings ratio of 11.51, the valuation of UNI can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of UNI indicates a somewhat cheap valuation: UNI is cheaper than 76.32% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of UNI to the average of the S&P500 Index (26.46), we can say UNI is valued rather cheaply.
A Price/Forward Earnings ratio of 10.37 indicates a reasonable valuation of UNI.
78.95% of the companies in the same industry are more expensive than UNI, based on the Price/Forward Earnings ratio.
UNI is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.51 | ||
| Fwd PE | 10.37 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, UNI is valued a bit cheaper than the industry average as 60.53% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.77 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UNI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.43
PEG (5Y)3.25
EPS Next 2Y5.12%
EPS Next 3Y5.52%
5. Dividend
5.1 Amount
UNI has a Yearly Dividend Yield of 4.98%, which is a nice return.
UNI's Dividend Yield is a higher than the industry average which is at 4.54.
UNI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.98% |
5.2 History
The dividend of UNI is nicely growing with an annual growth rate of 22.12%!
Dividend Growth(5Y)22.12%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
32.59% of the earnings are spent on dividend by UNI. This is a low number and sustainable payout ratio.
The dividend of UNI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP32.59%
EPS Next 2Y5.12%
EPS Next 3Y5.52%
BIT:UNI (6/3/2025, 7:00:00 PM)
17.26
+0.07 (+0.41%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners19.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap12.38B
Analysts82.22
Price Target16.93 (-1.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.98% |
Yearly Dividend0.49
Dividend Growth(5Y)22.12%
DP32.59%
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)1.94%
PT rev (3m)10.81%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.51 | ||
| Fwd PE | 10.37 | ||
| P/S | 1.12 | ||
| P/FCF | 7.77 | ||
| P/OCF | 4.92 | ||
| P/B | 1.33 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.5
EY8.69%
EPS(NY)1.66
Fwd EY9.64%
FCF(TTM)2.22
FCFY12.86%
OCF(TTM)3.51
OCFY20.33%
SpS15.46
BVpS12.99
TBVpS9.43
PEG (NY)2.43
PEG (5Y)3.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 11.52% | ||
| ROCE | 0.93% | ||
| ROIC | 0.79% | ||
| ROICexc | 0.81% | ||
| ROICexgc | 0.89% | ||
| OM | 6.88% | ||
| PM (TTM) | 9.68% | ||
| GM | N/A | ||
| FCFM | 14.36% |
ROA(3y)1.13%
ROA(5y)1.01%
ROE(3y)11%
ROE(5y)10.07%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-12.48%
ROICexcg growth 5Y-5.87%
ROICexc growth 3Y-13.61%
ROICexc growth 5Y-6.55%
OM growth 3Y-4.12%
OM growth 5Y2.13%
PM growth 3Y31.37%
PM growth 5Y11.49%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 3.48 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 8.33% | ||
| Interest Coverage | 2.89 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 148.32% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC7.25%
ROIC/WACC0.11
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)9.87%
Cap/Sales(5y)6.54%
Profit Quality(3y)128.22%
Profit Quality(5y)136.12%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.45%
EPS 3Y19.68%
EPS 5Y3.54%
EPS Q2Q%-17.81%
EPS Next Y4.74%
EPS Next 2Y5.12%
EPS Next 3Y5.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.12%
Revenue growth 3Y-8.9%
Revenue growth 5Y-7.13%
Sales Q2Q%-5.72%
Revenue Next Year3.88%
Revenue Next 2Y4.32%
Revenue Next 3Y4.52%
Revenue Next 5YN/A
EBIT growth 1Y-6.38%
EBIT growth 3Y-12.66%
EBIT growth 5Y-5.15%
EBIT Next Year1112.42%
EBIT Next 3Y136.49%
EBIT Next 5YN/A
FCF growth 1Y552.87%
FCF growth 3Y4.19%
FCF growth 5Y3.59%
OCF growth 1Y63.76%
OCF growth 3Y15.26%
OCF growth 5Y10.14%