MetLife, Inc.

WBAG:METL Stock Report

Market Cap: €57.1b

MetLife Valuation

Is METL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of METL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: METL (€82.69) is trading below our estimate of fair value (€135.29)

Significantly Below Fair Value: METL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for METL?

Key metric: As METL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for METL. This is calculated by dividing METL's market cap by their current earnings.
What is METL's PE Ratio?
PE Ratio17x
EarningsUS$3.56b
Market CapUS$59.96b

Price to Earnings Ratio vs Peers

How does METL's PE Ratio compare to its peers?

The above table shows the PE ratio for METL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.6x
LICI Life Insurance Corporation of India
11.9x-0.5%₹5.7t
AFL Aflac
16.5x-1.7%US$62.4b
PRU Prudential Financial
11.3x6.8%US$45.5b
VIG Vienna Insurance Group
6.6x8.6%€3.7b
METL MetLife
17x13.3%€60.0b

Price-To-Earnings vs Peers: METL is expensive based on its Price-To-Earnings Ratio (17x) compared to the peer average (11.6x).

Price to Earnings Ratio vs Industry

How does METL's PE Ratio compare vs other companies in the European Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
METL 17.0xIndustry Avg. 11.9xNo. of Companies12PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: METL is expensive based on its Price-To-Earnings Ratio (17x) compared to the European Insurance industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is METL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

METL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ratio6.8x

Price-To-Earnings vs Fair Ratio: METL is expensive based on its Price-To-Earnings Ratio (17x) compared to the estimated Fair Price-To-Earnings Ratio (6.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst METL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€82.69
€87.83
+6.2%
9.5%€96.99€65.30n/a13
Nov ’25€72.94
€82.04
+12.5%
8.6%€90.10€62.52n/a13
Oct ’25€73.67
€76.81
+4.3%
7.8%€85.98€60.90n/a13
Sep ’25€69.30
€74.91
+8.1%
7.2%€85.78€60.76n/a12
Aug ’25€70.81
€77.37
+9.3%
8.6%€88.96€61.16n/a13
Jul ’25€65.24
€76.65
+17.5%
8.9%€92.51€61.67n/a13
Jun ’25€65.88
€76.49
+16.1%
9.1%€91.89€61.26n/a13
May ’25€66.80
€77.46
+16.0%
10.8%€97.87€62.11n/a14
Apr ’25€68.60
€73.58
+7.3%
8.0%€81.42€61.06n/a14
Mar ’25€64.19
€73.58
+14.6%
8.0%€81.42€61.06n/a14
Feb ’25€60.36
€72.51
+20.1%
8.4%€80.96€57.96n/a15
Jan ’25€59.86
€70.83
+18.3%
7.9%€78.89€57.79n/a15
Dec ’24€58.57
€70.40
+20.2%
8.6%€79.28€58.08n/a15
Nov ’24€56.57
€72.31
+27.8%
8.6%€80.09€59.36€72.9414
Oct ’24€59.86
€72.45
+21.0%
8.7%€79.87€59.20€73.6714
Sep ’24€59.42
€70.45
+18.6%
10.9%€78.68€53.69€69.3014
Aug ’24€57.09
€66.30
+16.1%
11.6%€75.60€51.59€70.8114
Jul ’24€51.75
€67.81
+31.0%
10.7%€78.04€53.25€65.2414
Jun ’24€46.83
€70.38
+50.3%
11.4%€80.47€56.14€65.8814
May ’24€54.17
€69.27
+27.9%
10.1%€78.39€54.69€66.8016
Apr ’24€53.11
€74.51
+40.3%
10.1%€83.95€55.97€68.6016
Mar ’24€67.53
€75.08
+11.2%
7.2%€82.47€57.73€64.1916
Feb ’24€66.67
€75.64
+13.5%
7.6%€85.65€58.02€60.3616
Jan ’24€68.01
€76.63
+12.7%
6.8%€82.58€59.80€59.8615
Dec ’23€73.31
€78.61
+7.2%
7.0%€84.43€61.14€58.5715
Nov ’23€75.00
€78.63
+4.8%
5.9%€84.96€64.49€56.5716

Analyst Forecast: Target price is less than 20% higher than the current share price.

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