Vienna Insurance Group AG provides various insurance products and services.
Undervalued with solid track record and pays a dividend.
Share Price & News
How has Vienna Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VIG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VIG underperformed the Austrian Insurance industry which returned -23.3% over the past year.
Return vs Market: VIG exceeded the Austrian Market which returned -30.4% over the past year.
Price Volatility Vs. Market
How volatile is Vienna Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand Vienna Insurance Group AG (VIE:VIG)
1 month ago | Simply Wall StAt €24.40, Is It Time To Put Vienna Insurance Group AG (VIE:VIG) On Your Watch List?
2 months ago | Simply Wall StCould Vienna Insurance Group AG (VIE:VIG) Have The Makings Of Another Dividend Aristocrat?
Is Vienna Insurance Group 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: VIG (€16.42) is trading below our estimate of fair value (€47.01)
Significantly Below Fair Value: VIG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VIG is good value based on its PE Ratio (6.3x) compared to the Insurance industry average (8.8x).
PE vs Market: VIG is good value based on its PE Ratio (6.3x) compared to the Austrian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: VIG is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: VIG is good value based on its PB Ratio (0.4x) compared to the XE Insurance industry average (0.9x).
How is Vienna Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIG's forecast earnings growth (3.5% per year) is above the savings rate (-0.1%).
Earnings vs Market: VIG's earnings (3.5% per year) are forecast to grow slower than the Austrian market (10.2% per year).
High Growth Earnings: VIG's earnings are forecast to grow, but not significantly.
Revenue vs Market: VIG's revenue is expected to decline over the next 3 years (-1.1% per year).
High Growth Revenue: VIG's revenue is forecast to decline over the next 3 years (-1.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIG's Return on Equity is forecast to be low in 3 years time (6.5%).
How has Vienna Insurance Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIG has high quality earnings.
Growing Profit Margin: VIG's current net profit margins (3.1%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: VIG's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: VIG's earnings growth over the past year (27.1%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: VIG earnings growth over the past year (27.1%) exceeded the Insurance industry 9.6%.
Return on Equity
High ROE: VIG's Return on Equity (8%) is considered low.
How is Vienna Insurance Group'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: VIG has a low level of unsold assets or inventory.
Debt Coverage by Assets: VIG's debt is covered by short term assets (assets are 4x debt).
Financial Institutions Analysis
Asset Level: VIG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if VIG has a sufficient allowance for bad loans.
Low Risk Liabilities: VIG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if VIG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: VIG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if VIG has an appropriate level of bad loans.
What is Vienna Insurance Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VIG's dividend (7%) is higher than the bottom 25% of dividend payers in the Austrian market (1.95%).
High Dividend: VIG's dividend (7%) is in the top 25% of dividend payers in the Austrian market (6.66%)
Stability and Growth of Payments
Stable Dividend: VIG's dividend payments have been volatile in the past 10 years.
Growing Dividend: VIG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.4%), VIG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VIG's dividends in 3 years are forecast to be well covered by earnings (44.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Elisabeth Stadler (58yo)
Prof. Elisabeth Stadler serves as Chairwoman of the Supervisory Board at InterRisk Versicherungs-AG since July 1, 2018. Prof. Elisabeth Stadler serves as Chairwoman of the Supervisory Board at InterRisk Le ...
CEO Compensation Analysis
Compensation vs Market: Elisabeth's total compensation ($USD1.41M) is about average for companies of similar size in the Austrian market ($USD1.94M).
Compensation vs Earnings: Elisabeth's compensation has been consistent with company performance over the past year.
|Chairwoman of the Managing Board||4.17yrs||€1.27m||no data|
|Member of the Managing Board & CFO||1.67yrs||€529.14k||no data|
|Deputy GM & Member of the Managing Board||10.42yrs||€818.00k||no data|
|Member of the Managing Board||11.17yrs||€818.00k||no data|
|Member of the Managing Board||1.67yrs||€543.00k||no data|
|Member of Managing Board||no data||no data||no data|
|Member of the Managing Board||no data||no data||no data|
|Member of the Managing Board||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Group Compliance Officer||4.83yrs||no data||no data|
Experienced Management: VIG's management team is considered experienced (4.5 years average tenure).
|Supervisory Board Member||8.83yrs||no data||no data|
|Chairman of Supervisory Board||5.75yrs||no data||no data|
|First Supervisory Board Vice Chairman||2.83yrs||no data||no data|
|Supervisory Board Member||18.17yrs||no data||no data|
|Supervisory Board Member||5.75yrs||no data||no data|
|Member of the Supervisory Board||7.83yrs||no data||no data|
|Supervisory Board Member||2.83yrs||no data||no data|
|Second Deputy Chairman of the Supervisory Board||3.17yrs||no data||no data|
|Supervisory Board Member||6.17yrs||no data||no data|
|Member of Supervisory Board||0.83yr||no data||no data|
Experienced Board: VIG's board of directors are considered experienced (5.8 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.
Vienna Insurance Group AG's company bio, employee growth, exchange listings and data sources
- Name: Vienna Insurance Group AG
- Ticker: VIG
- Exchange: WBAG
- Founded: 1824
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €2.102b
- Shares outstanding: 128.00m
- Website: https://www.vig.com
Number of Employees
- Vienna Insurance Group AG
- Schottenring 30
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VIG||WBAG (Wiener Boerse AG)||Yes||Ordinary Bearer Shares||AT||EUR||Jun 2005|
|WSV2||DB (Deutsche Boerse AG)||Yes||Ordinary Bearer Shares||DE||EUR||Jun 2005|
|0MZX||LSE (London Stock Exchange)||Yes||Ordinary Bearer Shares||GB||EUR||Jun 2005|
|VIG||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Ordinary Bearer Shares||CZ||CZK||Jun 2005|
|VNRG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Bearer Shares||US||USD||Jun 2005|
|WSV2||XTRA (XETRA Trading Platform)||Yes||Ordinary Bearer Shares||DE||EUR||Jun 2005|
|VIGV||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Bearer Shares||GB||EUR||Jun 2005|
|VNRF.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Oct 2008|
Vienna Insurance Group AG provides various insurance products and services. The company offers motor own damage, motor third party liability, other property and casualty, life, and health insurance. It operates in Austria, the Czech Republic, Slovakia, Poland, Romania, the Baltic states, Hungary, Bulgaria, Turkey/Georgie, Albania, Kosovo, Bosnia-Herzegovina, Croatia, Macedonia, Moldova, Serbia, Ukraine, Germany, and Liechtenstein. The company was founded in 1824 and is based in Vienna, Austria. Vienna Insurance Group AG operates as a subsidiary of Wiener Stadtische Wechselseitiger Versicherungsverein - Vermögensverwaltung - Vienna Insurance Group
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 21:00|
|End of Day Share Price||2020/03/27 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.