Corebridge Financial, Inc.

DB:AS5 Stock Report

Market Cap: €16.4b

Corebridge Financial Valuation

Is AS5 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AS5 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AS5 (€28.2) is trading below our estimate of fair value (€62)

Significantly Below Fair Value: AS5 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AS5?

Key metric: As AS5 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for AS5. This is calculated by dividing AS5's market cap by their current revenue.
What is AS5's PS Ratio?
PS Ratio1.1x
SalesUS$15.98b
Market CapUS$17.09b

Price to Sales Ratio vs Peers

How does AS5's PS Ratio compare to its peers?

The above table shows the PS ratio for AS5 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.3x
HYQ Hypoport
2.7x11.5%€1.2b
VVV3 Ökoworld
3.2x4.6%€197.9m
DWS DWS Group GmbH KGaA
2x-4.3%€7.9b
DBK Deutsche Bank
1.1x4.2%€31.7b
AS5 Corebridge Financial
1.1x13.0%€17.1b

Price-To-Sales vs Peers: AS5 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (2.3x).

Price to Sales Ratio vs Industry

How does AS5's PS Ratio compare vs other companies in the DE Diversified Financial Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
EBEN aifinyo
0.3xn/aUS$15.51m
EBEN aifinyo
0.2xn/aUS$13.83m
CSQ creditshelf
0.0005xn/aUS$2.90k
No more companies available in this PS range
AS5 1.1xIndustry Avg. 2.2xNo. of Companies3PS01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: AS5 is good value based on its Price-To-Sales Ratio (1.1x) compared to the European Diversified Financial industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is AS5's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AS5 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio2.9x

Price-To-Sales vs Fair Ratio: AS5 is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (2.9x).

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 AS5 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€28.20
€35.09
+24.4%
6.7%€40.25€31.63n/a13
Dec ’25€30.60
€34.51
+12.8%
6.9%€39.75€31.23n/a13
Nov ’25€29.00
€31.66
+9.2%
5.5%€36.07€28.67n/a13
Oct ’25€26.00
€30.32
+16.6%
7.1%€34.94€25.98n/a13
Sep ’25€26.00
€30.45
+17.1%
6.5%€33.38€26.16n/a12
Aug ’25€27.20
€31.12
+14.4%
11.8%€37.07€22.24n/a12
Jul ’25€27.00
€30.68
+13.6%
15.0%€37.38€22.43n/a12
Jun ’25€26.80
€29.26
+9.2%
17.2%€36.87€19.36n/a12
May ’25€25.00
€29.17
+16.7%
17.4%€37.64€19.76n/a12
Apr ’25€26.00
€26.37
+1.4%
14.6%€32.38€19.43n/a12
Mar ’25€23.20
€26.37
+13.7%
14.6%€32.38€19.43n/a12
Feb ’25€22.20
€25.17
+13.4%
11.8%€30.36€19.32n/a14
Jan ’25€19.60
€23.56
+20.2%
8.0%€26.94€19.51n/a14
Dec ’24€18.80
€23.63
+25.7%
8.0%€27.10€19.62€30.6014
Nov ’24€18.80
€23.49
+24.9%
9.3%€27.32€18.84€29.0014
Oct ’24€18.60
€23.56
+26.7%
10.4%€29.13€18.79€26.0013
Sep ’24€16.30
€22.93
+40.7%
10.8%€28.43€18.34€26.0013
Aug ’24€16.90
€21.72
+28.5%
11.4%€26.68€16.90€27.2012
Jul ’24€16.10
€22.29
+38.5%
12.9%€29.44€16.56€27.0013
Jun ’24€15.50
€23.00
+48.4%
13.4%€29.74€16.73€26.8012
May ’24€15.00
€22.15
+47.7%
15.0%€28.98€16.30€25.0013
Apr ’24€14.50
€24.18
+66.8%
9.4%€29.85€20.52€26.0013
Mar ’24€18.90
€25.03
+32.4%
9.4%€30.18€21.69€23.2013
Feb ’24€19.90
€24.21
+21.7%
9.2%€30.46€21.23€22.2013
Jan ’24€18.80
€25.01
+33.0%
8.9%€32.03€22.32€19.6013
Dec ’23€21.20
€25.01
+18.0%
8.9%€32.03€22.32€18.8013

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 00:41
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Corebridge Financial, Inc. is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alex ScottBarclays
Joshua ShankerBofA Global Research
Michael WardCitigroup Inc