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
No risks detected for ALV from our risk checks.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
ALV
1.4%
DE Insurance
0.5%
DE Market
1 Year Return
19.5%
ALV
27.4%
DE Insurance
15.5%
DE Market
Return vs Industry: ALV underperformed the German Insurance industry which returned 29.2% over the past year.
Return vs Market: ALV exceeded the German Market which returned 17.1% over the past year.
Shareholder returns
| ALV | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.4% | 0.5% |
| 30 Day | -0.7% | 0.5% | 1.4% |
| 90 Day | -1.7% | 3.0% | 5.3% |
| 1 Year | 24.9%19.5% | 32.9%27.4% | 19.2%15.5% |
| 3 Year | 53.4%34.8% | 62.4%42.8% | 15.7%5.5% |
| 5 Year | 85.6%48.3% | 94.6%55.8% | 27.3%10.1% |
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
2 weeks ago | Simply Wall St
Should You Think About Buying Allianz SE (ETR:ALV) Now?1 month ago | Simply Wall St
The Allianz (ETR:ALV) Share Price Has Gained 59% And Shareholders Are Hoping For More1 month ago | Simply Wall St
Should You Be Tempted To Sell Allianz SE (ETR:ALV) Because Of Its P/E Ratio?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 (€218.85) is trading below our estimate of fair value (€467.66)
Significantly Below Fair Value: ALV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALV is good value based on its PE Ratio (12x) compared to the Insurance industry average (12.2x).
PE vs Market: ALV is good value based on its PE Ratio (11.9x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: ALV is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: ALV is overvalued based on its PB Ratio (1.3x) compared to the DE Insurance industry average (1.1x).
Next Steps
Future Growth
How is Allianz forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
4.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALV's forecast earnings growth (5.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: ALV's earnings (5.3% per year) are forecast to grow slower than the German market (13.2% per year).
High Growth Earnings: ALV's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALV's revenue (6.1% per year) is forecast to grow faster than the German market (4.8% per year).
High Growth Revenue: ALV's revenue (6.1% 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 (13.1%).
Next Steps
Past Performance
How has Allianz performed over the past 5 years?
4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALV has high quality earnings.
Growing Profit Margin: ALV's current net profit margins (7.2%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: ALV's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: ALV's earnings growth over the past year (7.8%) exceeds its 5-year average (4% per year).
Earnings vs Industry: ALV earnings growth over the past year (7.8%) underperformed the Insurance industry 7.8%.
Return on Equity
High ROE: ALV's Return on Equity (10.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Allianz's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: ALV has a low level of unsold assets or inventory.
Debt Coverage by Assets: ALV's debt is covered by short term assets (assets are 1.4x debt).
Financial Institutions Analysis
Asset Level: ALV's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if ALV has a sufficient allowance for bad loans.
Low Risk Liabilities: ALV reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ALV has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ALV has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ALV has an appropriate level of bad loans.
Next Steps
Dividend
What is Allianz's current dividend yield, its reliability and sustainability?
4.11%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ALV's dividend (4.11%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: ALV's dividend (4.11%) is in the top 25% of dividend payers in the German market (3.53%)
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 reasonably low payout ratio (49.1%), ALV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALV's dividends in 3 years are forecast to be well covered by earnings (46.9% payout ratio).
Next Steps
Management
What is the CEO of Allianz's salary, the management and board of directors tenure and is there insider trading?
1.3yrs
Average management tenure
CEO
Allianz has no CEO, or we have no data on them.
Management Age and Tenure
1.3yrs
Average Tenure
57yo
Average Age
Experienced Management: ALV's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Age and Tenure
7.7yrs
Average Tenure
59yo
Average Age
Experienced Board: ALV's board of directors are considered experienced (7.7 years average tenure).
Insider Trading
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.
Management Team
Sergio Balbinot (61yo)
Member of Management Board
- Tenure: 5yrs
- Compensation: €3.95m
Oliver Schmidt
Head of Investor Relations
Veit Stutz
Head of Business Transformation
- Tenure: 1.3yrs
Christof Mascher (59yo)
COO & Member of the Board of Management
- Tenure: 10.3yrs
- Compensation: €3.65m
Tarek Shahin
Senior Investment Manager
- Tenure: 0.8yrs
Bart Schlatmann
CEO of European Direct Business
- Tenure: 1.3yrs
Olaf Kliesow (52yo)
Global Head of Rewards & Performance
- Tenure: 0.6yrs
Aaron Fryer
Regional Chief Financial Officer for Asia-Pacific
- Tenure: 1yrs
Iván de la Sota (55yo)
Chief Business Transformation Officer & Member of the Board of Management
- Tenure: 1.8yrs
- Compensation: €3.00m
Stephen Taylor
Head of Small Medium Enterprise & Corporate Partner Distribution
- Tenure: 0.4yrs
Board Members
Franz Humer (73yo)
Member of International Advisory Board
- Tenure: 10yrs
- Compensation: €140.50k
Paul M. Achleitner (63yo)
- Compensation: €2.02m
Stine Bosse (59yo)
Member of the Supervisory Board
- Tenure: 7.4yrs
- Compensation: €156.00k
Herbert Hainer (65yo)
Member of Joint Advisory Council & Member of Supervisory Board
- Tenure: 14yrs
- Compensation: €182.00k
Rolf Zimmermann (66yo)
Vice Chairman of Supervisory Board
- Tenure: 10.8yrs
- Compensation: €162.30k
Jim Snabe (54yo)
Vice Chairman of Supervisory Board
- Tenure: 2.7yrs
- Compensation: €268.50k
Geoff Hayward (59yo)
Member of the Supervisory Board
- Tenure: 2.7yrs
- Compensation: €156.00k
Gabriele Burkhardt-Berg (59yo)
Member of Supervisory Board
- Tenure: 7.7yrs
- Compensation: €202.80k
Jürgen Lawrenz (56yo)
Member of Supervisory Board
- Compensation: €181.00k
Frank Kirsch (52yo)
Member of Supervisory Board
- Compensation: €52.00k
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: €91.192b
- Shares outstanding: 416.21m
- 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 |
|---|---|---|---|---|---|---|
| ALVD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| ALIZ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| ALV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 322646 | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | 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 |
| ALLIANZ | BUSE (Budapest Stock Exchange) | Yes | Ordinary Shares | HU | HUF | Jan 1992 |
| 0M6S | LSE (London Stock Exchange) | 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 |
| ALVA | DB (Deutsche Boerse AG) | ADR EACH REP 1/10 ORD SH | DE | EUR | Nov 2000 | |
| ALVB | DB (Deutsche Boerse AG) | NPV | DE | EUR | Jan 2017 | |
| ALVB | DB (Deutsche Boerse AG) | NPV(REGD)(VINKULIERT)(NEW) | DE | EUR | Dec 2019 | |
| ALIZ.Y | OTCPK (Pink Sheets LLC) | UNSPONSRD ADS | US | USD | 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 | 2020/01/22 21:13 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.