Aegon N.V. provides insurance, pensions, and asset management services worldwide.
Very undervalued average dividend payer.
Share Price & News
How has Aegon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AGN underperformed the Austrian Insurance industry which returned -23.3% over the past year.
Return vs Market: AGN underperformed the Austrian Market which returned -30.5% over the past year.
Price Volatility Vs. Market
How volatile is Aegon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Aegon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGN (€2.35) is trading below our estimate of fair value (€7.96)
Significantly Below Fair Value: AGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGN is good value based on its PE Ratio (4.2x) compared to the Insurance industry average (8.8x).
PE vs Market: AGN is good value based on its PE Ratio (4.2x) compared to the Austrian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: AGN is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: AGN is good value based on its PB Ratio (0.2x) compared to the XE Insurance industry average (0.9x).
How is Aegon forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGN's forecast earnings growth (6.7% per year) is above the savings rate (-0.1%).
Earnings vs Market: AGN's earnings (6.7% per year) are forecast to grow slower than the Austrian market (10.4% per year).
High Growth Earnings: AGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGN's revenue is expected to decline over the next 3 years (-52.9% per year).
High Growth Revenue: AGN's revenue is forecast to decline over the next 3 years (-52.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGN's Return on Equity is forecast to be low in 3 years time (7.3%).
How has Aegon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGN has a large one-off gain of €260.0M impacting its December 31 2019 financial results.
Growing Profit Margin: AGN's current net profit margins (1.8%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: AGN's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: AGN's earnings growth over the past year (92.8%) exceeds its 5-year average (29.8% per year).
Earnings vs Industry: AGN earnings growth over the past year (92.8%) exceeded the Insurance industry 11.4%.
Return on Equity
High ROE: AGN's Return on Equity (5.1%) is considered low.
How is Aegon's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: AGN has a low level of unsold assets or inventory.
Debt Coverage by Assets: AGN's debt is covered by short term assets (assets are 4.5x debt).
Financial Institutions Analysis
Asset Level: AGN's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if AGN has a sufficient allowance for bad loans.
Low Risk Liabilities: AGN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AGN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AGN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AGN has an appropriate level of bad loans.
What is Aegon's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AGN's dividend (13.7%) is higher than the bottom 25% of dividend payers in the Austrian market (1.95%).
High Dividend: AGN's dividend (13.7%) is in the top 25% of dividend payers in the Austrian market (6.32%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AGN has been paying a dividend for less than 10 years.
Growing Dividend: AGN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.4%), AGN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGN's dividends in 3 years are forecast to be well covered by earnings (42.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alex Wynaendts (59yo)
Mr. Alexander Rijn Wynaendts, also known as Alex, has been an Independent Director of Air France-KLM SA since May 19, 2016. Mr. Wynaendts serves as an Independent Director of Citigroup Inc. since September ...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD4.20M) is above average for companies of similar size in the Austrian market ($USD2.72M).
Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.
|CFO & Member of the Executive Board||2.83yrs||€1.74m||0.00099% €47.0k|
|Head of Aegon International & Aegon Continental Europe and Member of the Management Board||11.75yrs||no data||no data|
|Member of the Management Board||10.17yrs||no data||no data|
|Global Head of HR & Member of the Management Board||3.58yrs||no data||no data|
|Member of the Management Board||8.08yrs||no data||no data|
|Chief Risk Officer & Member of the Management Board||4.17yrs||no data||no data|
|General Counsel||3.58yrs||no data||no data|
|Global CTO & Member of the Management Board||3.58yrs||no data||no data|
|Member of the Management Board||0.42yr||no data||no data|
Experienced Management: AGN's management team is considered experienced (3.9 years average tenure).
|Independent Supervisory Board Member||6.83yrs||€158.00k||0.00065% €30.9k|
|Independent Supervisory Board Member||4.83yrs||€103.00k||0.0011% €54.1k|
|Independent Supervisory Board Member||2.83yrs||€115.00k||no data|
|Independent Supervisory Board Member||11.42yrs||€118.00k||0.000070% €3.3k|
|Independent Supervisory Board Chairman||1.83yrs||€169.00k||no data|
|Independent Supervisory Board Vice Chairman||3.17yrs||€123.00k||no data|
Experienced Board: AGN's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aegon N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Aegon N.V.
- Ticker: AGN
- Exchange: WBAG
- Founded: 1983
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €4.750b
- Shares outstanding: 2.05b
- Website: https://www.aegon.com
Number of Employees
- Aegon N.V.
- Aegonplein 50
- The Hague
- 2591 TV
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AEG||NYSE (New York Stock Exchange)||AMER REGD CERT(1 SH EUR0.12)||US||USD||Jun 1985|
|AEG N||BMV (Bolsa Mexicana de Valores)||AMER REGD CERT(1 SH EUR0.12)||MX||MXN||Jun 1985|
|AENF||DB (Deutsche Boerse AG)||AMER REGD CERT(1 SH EUR0.12)||DE||EUR||Jun 1985|
|AENF||XTRA (XETRA Trading Platform)||AMER REGD CERT(1 SH EUR0.12)||DE||EUR||Jun 1985|
|0Q0Y||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Jul 1988|
|AEND||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 1988|
|AGN||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Jul 1988|
|AGN||ENXTAM (Euronext Amsterdam)||Yes||Common Shares||NL||EUR||Jul 1988|
|AEGO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1988|
|AGN||BIT (Borsa Italiana)||Yes||Common Shares||IT||EUR||Jul 1988|
|AEND||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Jul 1988|
|AGNA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Jul 1988|
|AGN||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Jul 1988|
Aegon N.V. provides insurance, pensions, and asset management services worldwide. It offers life, accident, and health insurance; property and casualty insurance; home and car insurance; individual investment accounts; annuities; retirement plan services; stable value solutions; retail and institutional investment management solutions; savings products; group pensions; mortgage loans; and bank accounts. The company markets its products through brokers, independent agents, employee benefit consultants, bancassurance channels, self-service/online centers, and call/advice centers. Aegon N.V. was founded in 1983 and is headquartered in The Hague, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:05|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.