ZURICH INSURANCE GROUP AG (ZFIN.DE) Stock Fundamental Analysis
FRA:ZFIN - CH0011075394 - Common Stock
607.4 EUR
-4.6 (-0.75%)
We assign a fundamental rating of 5 out of 10 to ZFIN. ZFIN was compared to 36 industry peers in the Insurance industry. ZFIN has only an average score on both its financial health and profitability. ZFIN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ZFIN was profitable.
In the past year ZFIN had a positive cash flow from operations.
ZFIN had positive earnings in each of the past 5 years.
Each year in the past 5 years ZFIN had a positive operating cash flow.
1.2 Ratios
ZFIN's Return On Assets of 1.49% is fine compared to the rest of the industry. ZFIN outperforms 61.11% of its industry peers.
With an excellent Return On Equity value of 23.67%, ZFIN belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
The Return On Invested Capital of ZFIN (1.65%) is better than 61.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ZFIN is in line with the industry average of 2.28%.
The 3 year average ROIC (1.52%) for ZFIN is below the current ROIC(1.65%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 23.67% | ||
| ROIC | 1.65% |
ROA(3y)1.34%
ROA(5y)1.22%
ROE(3y)18.59%
ROE(5y)15.9%
ROIC(3y)1.52%
ROIC(5y)1.39%
1.3 Margins
With a Profit Margin value of 8.36%, ZFIN is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of ZFIN has grown nicely.
ZFIN's Operating Margin of 12.64% is fine compared to the rest of the industry. ZFIN outperforms 61.11% of its industry peers.
In the last couple of years the Operating Margin of ZFIN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.64% | ||
| PM (TTM) | 8.36% | ||
| GM | N/A |
OM growth 3Y-1.28%
OM growth 5Y3.19%
PM growth 3Y-0.12%
PM growth 5Y5.35%
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), ZFIN is destroying value.
Compared to 1 year ago, ZFIN has less shares outstanding
Compared to 5 years ago, ZFIN has less shares outstanding
Compared to 1 year ago, ZFIN has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of ZFIN is 2.26, which is a good value as it means it would take ZFIN, 2.26 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.26, ZFIN is in line with its industry, outperforming 58.33% of the companies in the same industry.
A Debt/Equity ratio of 0.59 indicates that ZFIN is somewhat dependend on debt financing.
The Debt to Equity ratio of ZFIN (0.59) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.26 | ||
| Altman-Z | N/A |
ROIC/WACC0.35
WACC4.65%
2.3 Liquidity
A Current Ratio of 0.78 indicates that ZFIN may have some problems paying its short term obligations.
With an excellent Current ratio value of 0.78, ZFIN belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
ZFIN has a Quick Ratio of 0.78. This is a bad value and indicates that ZFIN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, ZFIN belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
ZFIN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.13%, which is quite impressive.
The Earnings Per Share has been growing slightly by 7.72% on average over the past years.
The Revenue has decreased by -1.11% in the past year.
ZFIN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.56% yearly.
EPS 1Y (TTM)21.13%
EPS 3Y5.02%
EPS 5Y7.72%
EPS Q2Q%2.5%
Revenue 1Y (TTM)-1.11%
Revenue growth 3Y3.9%
Revenue growth 5Y1.56%
Sales Q2Q%-10.39%
3.2 Future
ZFIN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.79% yearly.
Based on estimates for the next years, ZFIN will show a small growth in Revenue. The Revenue will grow by 3.86% on average per year.
EPS Next Y18.18%
EPS Next 2Y12.43%
EPS Next 3Y11.26%
EPS Next 5Y6.79%
Revenue Next Year6.19%
Revenue Next 2Y6.78%
Revenue Next 3Y4.73%
Revenue Next 5Y3.86%
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 17.39, which indicates a rather expensive current valuation of ZFIN.
Based on the Price/Earnings ratio, ZFIN is valued a bit more expensive than 77.78% of the companies in the same industry.
ZFIN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.54, the valuation of ZFIN can be described as correct.
Based on the Price/Forward Earnings ratio, ZFIN is valued a bit more expensive than the industry average as 72.22% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.63. ZFIN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 14.54 |
4.2 Price Multiples
ZFIN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ZFIN is cheaper than 66.67% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ZFIN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.13 | ||
| EV/EBITDA | 11.46 |
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.
The decent profitability rating of ZFIN may justify a higher PE ratio.
PEG (NY)0.96
PEG (5Y)2.25
EPS Next 2Y12.43%
EPS Next 3Y11.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.03%, ZFIN is a good candidate for dividend investing.
ZFIN's Dividend Yield is a higher than the industry average which is at 4.47.
ZFIN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
5.2 History
The dividend of ZFIN is nicely growing with an annual growth rate of 8.76%!
Dividend Growth(5Y)8.76%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ZFIN pays out 79.70% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ZFIN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP79.7%
EPS Next 2Y12.43%
EPS Next 3Y11.26%
FRA:ZFIN (9/3/2025, 7:00:00 PM)
607.4
-4.6 (-0.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners41.62%
Inst Owner ChangeN/A
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap88.90B
Analysts49.63
Price Target583.79 (-3.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
Yearly Dividend24.91
Dividend Growth(5Y)8.76%
DP79.7%
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)-2.33%
PT rev (3m)-3.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.85%
EPS NY rev (3m)1.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)-4.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 14.54 | ||
| P/S | 1.48 | ||
| P/FCF | 16.13 | ||
| P/OCF | 15.16 | ||
| P/B | 4.19 | ||
| P/tB | 8.43 | ||
| EV/EBITDA | 11.46 |
EPS(TTM)34.92
EY5.75%
EPS(NY)41.76
Fwd EY6.88%
FCF(TTM)37.66
FCFY6.2%
OCF(TTM)40.08
OCFY6.6%
SpS410.71
BVpS145.04
TBVpS72.09
PEG (NY)0.96
PEG (5Y)2.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.49% | ||
| ROE | 23.67% | ||
| ROCE | 2.26% | ||
| ROIC | 1.65% | ||
| ROICexc | 1.68% | ||
| ROICexgc | 3.73% | ||
| OM | 12.64% | ||
| PM (TTM) | 8.36% | ||
| GM | N/A | ||
| FCFM | 9.17% |
ROA(3y)1.34%
ROA(5y)1.22%
ROE(3y)18.59%
ROE(5y)15.9%
ROIC(3y)1.52%
ROIC(5y)1.39%
ROICexc(3y)1.55%
ROICexc(5y)1.42%
ROICexgc(3y)3.17%
ROICexgc(5y)2.77%
ROCE(3y)2.07%
ROCE(5y)1.9%
ROICexcg growth 3Y16.1%
ROICexcg growth 5Y11.69%
ROICexc growth 3Y9.12%
ROICexc growth 5Y7.13%
OM growth 3Y-1.28%
OM growth 5Y3.19%
PM growth 3Y-0.12%
PM growth 5Y5.35%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.26 | ||
| Debt/EBITDA | 1.5 | ||
| Cap/Depr | 48.82% | ||
| Cap/Sales | 0.59% | ||
| Interest Coverage | 17.25 | ||
| Cash Conversion | 70.48% | ||
| Profit Quality | 109.69% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | N/A |
F-Score7
WACC4.65%
ROIC/WACC0.35
Cap/Depr(3y)53.48%
Cap/Depr(5y)57.78%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.82%
Profit Quality(3y)132.45%
Profit Quality(5y)116.3%
High Growth Momentum
Growth
EPS 1Y (TTM)21.13%
EPS 3Y5.02%
EPS 5Y7.72%
EPS Q2Q%2.5%
EPS Next Y18.18%
EPS Next 2Y12.43%
EPS Next 3Y11.26%
EPS Next 5Y6.79%
Revenue 1Y (TTM)-1.11%
Revenue growth 3Y3.9%
Revenue growth 5Y1.56%
Sales Q2Q%-10.39%
Revenue Next Year6.19%
Revenue Next 2Y6.78%
Revenue Next 3Y4.73%
Revenue Next 5Y3.86%
EBIT growth 1Y12.88%
EBIT growth 3Y2.57%
EBIT growth 5Y4.8%
EBIT Next Year13.55%
EBIT Next 3Y9%
EBIT Next 5YN/A
FCF growth 1Y7.66%
FCF growth 3Y40.79%
FCF growth 5Y11.85%
OCF growth 1Y6.4%
OCF growth 3Y33.89%
OCF growth 5Y9.26%