Executive Summary
Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and good value.
Similar Companies
Share Price & News
How has Allianz's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALV's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.6%
ALV
3.5%
DE Insurance
2.2%
DE Market
1 Year Return
-21.4%
ALV
-15.1%
DE Insurance
-3.9%
DE Market
Return vs Industry: ALV underperformed the German Insurance industry which returned -16.8% over the past year.
Return vs Market: ALV underperformed the German Market which returned -4.6% over the past year.
Shareholder returns
| ALV | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | 3.5% | 2.2% |
| 30 Day | 2.3% | 2.2% | 8.0% |
| 90 Day | -25.9% | -24.4% | -9.6% |
| 1 Year | -16.5%-21.4% | -10.4%-15.1% | -2.3%-3.9% |
| 3 Year | 7.5%-7.1% | 16.7%1.6% | -7.6%-14.8% |
| 5 Year | 42.1%11.7% | 48.9%18.1% | -0.3%-12.9% |
Price Volatility Vs. Market
How volatile is Allianz's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Should Income Investors Look At Allianz SE (ETR:ALV) Before Its Ex-Dividend?3 weeks ago | Simply Wall St
Is Now An Opportune Moment To Examine Allianz SE (ETR:ALV)?1 month ago | Simply Wall St
Can We See Significant Institutional Ownership On The Allianz SE (ETR:ALV) Share Register?Valuation
Is Allianz undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALV (€159.34) is trading below our estimate of fair value (€356.62)
Significantly Below Fair Value: ALV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALV is poor value based on its PE Ratio (9x) compared to the Insurance industry average (8.8x).
PE vs Market: ALV is good value based on its PE Ratio (9x) compared to the German market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: ALV is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: ALV is overvalued based on its PB Ratio (1x) compared to the DE Insurance industry average (0.9x).
Next Steps
Future Growth
How is Allianz forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
10.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALV's forecast earnings growth (10.7% per year) is above the savings rate (0.2%).
Earnings vs Market: ALV's earnings (10.7% per year) are forecast to grow slower than the German market (21.7% per year).
High Growth Earnings: ALV's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALV's revenue (6% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: ALV's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALV's Return on Equity is forecast to be low in 3 years time (12%).
Next Steps
Past Performance
How has Allianz performed over the past 5 years?
3.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALV has high quality earnings.
Growing Profit Margin: ALV's current net profit margins (6.8%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: ALV's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: ALV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALV had negative earnings growth (-2%) over the past year, making it difficult to compare to the Insurance industry average (9.2%).
Return on Equity
High ROE: ALV's Return on Equity (10.7%) is considered low.
Next Steps
Financial Health
How is Allianz's financial position?
Financial Position Analysis
Short Term Liabilities: ALV's short term assets (€62.0B) exceed its short term liabilities (€48.8B).
Long Term Liabilities: ALV's short term assets (€62.0B) do not cover its long term liabilities (€869.2B).
Debt to Equity History and Analysis
Debt Level: ALV's debt to equity ratio (51.9%) is considered high.
Reducing Debt: ALV's debt to equity ratio has increased from 45.5% to 51.9% over the past 5 years.
Debt Coverage: ALV's debt is well covered by operating cash flow (96.9%).
Interest Coverage: ALV's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Allianz's current dividend yield, its reliability and sustainability?
6.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALV's dividend (6.02%) is higher than the bottom 25% of dividend payers in the German market (1.36%).
High Dividend: ALV's dividend (6.02%) is in the top 25% of dividend payers in the German market (4.18%)
Stability and Growth of Payments
Stable Dividend: ALV's dividends per share have been stable in the past 10 years.
Growing Dividend: ALV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.4%), ALV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALV's dividends in 3 years are forecast to be covered by earnings (50.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Allianz has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Board of Management | no data | €3.90m | 0.00040% €256.1k | |
| COO & Member of Management Board | 10.67yrs | €3.80m | 0.00040% €256.1k | |
| Member of Management Board | 5.33yrs | €3.81m | 0.00040% €256.1k | |
| Member of the Board of Management | 2.33yrs | €3.76m | 0.00040% €256.1k | |
| Member of Management Board | 3.83yrs | €3.77m | 0.00040% €256.1k | |
| Member of Management Board | 3.33yrs | €3.78m | 0.00040% €256.1k | |
| Member of the Management Board | 2.08yrs | €3.81m | 0.00040% €256.1k | |
| Chief Human Resources | 0.33yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Business Transformation | 1.67yrs | no data | no data |
2.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: ALV's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of International Advisory Board | 10.33yrs | €140.50k | no data | |
| Independent Chairman of Supervisory Board | 3yrs | €484.00k | no data | |
| no data | €2.02m | no data | ||
| Independent Member of Supervisory Board | 7.75yrs | €156.00k | no data | |
| Independent Member of Supervisory Board & Member of Advisory Board | 14.33yrs | €181.00k | no data | |
| Independent Vice Chairman of Supervisory Board | 3yrs | €268.50k | no data | |
| Independent Member of Supervisory Board | 3yrs | €156.00k | no data | |
| Independent Member of Supervisory Board | 4yrs | €284.00k | no data | |
| Independent Vice Chairwoman of Supervisory Board | 1.67yrs | €243.50k | no data | |
| Independent Member of Supervisory Board | 4.75yrs | €181.00k | no data |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: ALV's board of directors are considered experienced (4 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: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
Allianz SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Allianz SE
- Ticker: ALV
- Exchange: XTRA
- Founded: 1890
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €64.019b
- Shares outstanding: 411.70m
- Website: https://www.allianz.com
Number of Employees
Location
- Allianz SE
- Königinstrasse 28
- Munich
- Bavaria
- 80802
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ALIZ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| 0M6S | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| ALV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| ALV | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| ALV | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| ALVD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| ALV N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jan 1992 |
| ALV | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| ALLIANZ | BUSE (Budapest Stock Exchange) | Yes | Ordinary Shares | HU | HUF | Jan 1992 |
| ALVE | BST (Boerse-Stuttgart) | UNSPON ADS EACH REP 1/10 ORD SHARES | DE | EUR | Jan 2020 | |
| ALIZ.Y | OTCPK (Pink Sheets LLC) | UNSPON ADS EACH REP 1/10 ORD SHARES | US | USD | Jan 2020 | |
| ALVE | DB (Deutsche Boerse AG) | UNSPON ADS EACH REP 1/10 ORD SHARES | DE | EUR | Jan 2020 |
Biography
Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products to private and corporate customers. Its Life/Health segment provides a range of life and health insurance products on an individual and a group basis, such as annuities, endowment and term insurance, and unit-linked and investment-oriented products, as well as private health, supplemental health, and long-term care insurance products. The company’s Asset Management segment offers institutional and retail asset management products and services to third-party investors comprising equity and fixed income funds, as well as alternative products; and investment management services. Its Corporate and Other segment provides various banking products for corporate and retail clients; and alternative investment management services in the private equity, real estate, renewable energy, and infrastructure sectors. Allianz SE was founded in 1890 and is headquartered in Munich, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/25 21:50 |
| End of Day Share Price | 2020/05/25 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.