Zurich Insurance Group
Market Cap
CHF54.8b
Last Updated
2021/08/03 20:47 UTC
Data Sources
Company Financials +
Executive Summary
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. More Details
Rewards
Risk Analysis
No risks detected for ZURN from our risk checks.
Snowflake Analysis
6 star dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has Zurich Insurance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZURN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ZURN's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
ZURN
0.07%
CH Insurance
1.2%
CH Market
1 Year Return
6.9%
ZURN
12.4%
CH Insurance
21.9%
CH Market
Return vs Industry: ZURN underperformed the Swiss Insurance industry which returned 12.2% over the past year.
Return vs Market: ZURN underperformed the Swiss Market which returned 22% over the past year.
Shareholder returns
| ZURN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.07% | 1.2% |
| 30 Day | 0.5% | 0.3% | 1.7% |
| 90 Day | -1.9% | -1.6% | 9.6% |
| 1 Year | 12.5%6.9% | 18.5%12.4% | 25.3%21.9% |
| 3 Year | 45.3%22.4% | 31.4%11.1% | 41.3%25.9% |
| 5 Year | 104.8%52.7% | 76.6%34.1% | 69.7%38.9% |
Long-Term Price Volatility Vs. Market
How volatile is Zurich Insurance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Will Weakness in Zurich Insurance Group AG's (VTX:ZURN) Stock Prove Temporary Given Strong Fundamentals?1 month ago | Simply Wall St
Did You Participate In Any Of Zurich Insurance Group's (VTX:ZURN) Fantastic 114% Return ?2 months ago | Simply Wall St
What Makes Zurich Insurance Group AG (VTX:ZURN) A Great Dividend Stock?Valuation
Is Zurich Insurance Group undervalued compared to its fair value and its price relative to the market?
48.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZURN (CHF369.3) is trading below our estimate of fair value (CHF712.26)
Significantly Below Fair Value: ZURN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZURN is poor value based on its PE Ratio (15.8x) compared to the Swiss Insurance industry average (15.3x).
PE vs Market: ZURN is good value based on its PE Ratio (15.8x) compared to the Swiss market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: ZURN is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: ZURN is overvalued based on its PB Ratio (1.6x) compared to the CH Insurance industry average (0.9x).
Future Growth
How is Zurich Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
8.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZURN's forecast earnings growth (8.3% per year) is above the savings rate (-0.3%).
Earnings vs Market: ZURN's earnings (8.3% per year) are forecast to grow slower than the Swiss market (10.9% per year).
High Growth Earnings: ZURN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZURN's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: ZURN's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZURN's Return on Equity is forecast to be low in 3 years time (13.2%).
Past Performance
How has Zurich Insurance Group performed over the past 5 years?
13.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZURN has high quality earnings.
Growing Profit Margin: ZURN's current net profit margins (6.5%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: ZURN's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: ZURN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZURN had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Insurance industry average (-12.7%).
Return on Equity
High ROE: ZURN's Return on Equity (10.2%) is considered low.
Financial Health
How is Zurich Insurance Group's financial position?
Financial Position Analysis
Short Term Liabilities: ZURN's short term assets ($70.2B) exceed its short term liabilities ($49.7B).
Long Term Liabilities: ZURN's short term assets ($70.2B) do not cover its long term liabilities ($349.7B).
Debt to Equity History and Analysis
Debt Level: ZURN's debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: ZURN's debt to equity ratio has increased from 35.9% to 36.8% over the past 5 years.
Debt Coverage: ZURN's debt is well covered by operating cash flow (38.9%).
Interest Coverage: ZURN's interest payments on its debt are well covered by EBIT (14.4x coverage).
Balance Sheet
Dividend
What is Zurich Insurance Group current dividend yield, its reliability and sustainability?
4.97%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZURN's dividend (4.97%) is higher than the bottom 25% of dividend payers in the Swiss market (1.41%).
High Dividend: ZURN's dividend (4.97%) is in the top 25% of dividend payers in the Swiss market (3.5%)
Stability and Growth of Payments
Stable Dividend: ZURN's dividends per share have been stable in the past 10 years.
Growing Dividend: ZURN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.9%), ZURN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZURN's dividends in 3 years are forecast to be covered by earnings (72.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Mario Greco (62 yo)
5.42yrs
Tenure
US$9,602,577
Compensation
Mr. Mario Greco has been the Group Chief Executive Officer and Member of the Executive Committee at Zurich Insurance Group AG since March 07, 2016. Mr. Greco served as the Group Chief Executive Officer of...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Mario's total compensation is reasonable compared to companies of similar size in the Swiss market.
Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ZURN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: ZURN's board of directors are considered experienced (3.9 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Zurich Insurance Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zurich Insurance Group AG
- Ticker: ZURN
- Exchange: SWX
- Founded: 1872
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CHF54.840b
- Shares outstanding: 148.50m
- Website: https://www.zurich.com
Number of Employees
Location
- Zurich Insurance Group AG
- Mythenquai 2
- Zurich
- Zurich
- 8002
- Switzerland
Listings
Biography
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The compa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/03 20:47 |
| End of Day Share Price | 2021/08/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.