ALV

AllianzXTRA:ALV Stock Report

Market Cap

€78.4b

7D

-1.3%

1Y

6.9%

Updated

19 Sep, 2021

Data

Company Financials +
ALV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends6/6

ALV Overview

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.

Allianz Competitors

Talanx

XTRA:TLX

€9.6b

DFV Deutsche Familienversicherung

XTRA:DFV

€180.3m

Berkshire Hathaway

NYSE:BRK.A

US$626.4b

UnitedHealth Group

NYSE:UNH

US$396.2b

Price History & Performance

Summary of all time highs, changes and price drops for Allianz
Historical stock prices
Current Share Price€190.78
52 Week High€148.60
52 Week Low€223.50
Beta1.32
1 Month Change-4.00%
3 Month Change-12.16%
1 Year Change6.90%
3 Year Change-1.04%
5 Year Change39.66%
Change since IPO81.28%

Recent News & Updates

Shareholder Returns

ALVDE InsuranceDE Market
7D-1.3%-0.8%-1.2%
1Y6.9%8.1%22.4%

Return vs Industry: ALV underperformed the German Insurance industry which returned 8.1% over the past year.

Return vs Market: ALV underperformed the German Market which returned 22.4% over the past year.

Price Volatility

Is ALV's price volatile compared to industry and market?
ALV volatility
ALV Beta1.32
Industry Beta1.16
Market Beta1

Stable Share Price: ALV is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ALV's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1890150,269Oliver Bätehttps://www.allianz.com

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 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 and supplemental health, and long-term care insurance products.

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 (€190.78) is trading below our estimate of fair value (€458.36)

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 (9x) compared to the German Insurance industry average (11.1x).

PE vs Market: ALV is good value based on its PE Ratio (9x) compared to the German market (23x).


Price to Earnings Growth Ratio

PEG Ratio: ALV is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: ALV's PB Ratio (1x) is in line with the DE Insurance industry average.


Future Growth

How is Allianz forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

4.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALV's forecast earnings growth (4% per year) is above the savings rate (0.01%).

Earnings vs Market: ALV's earnings (4% per year) are forecast to grow slower than the German market (13% per year).

High Growth Earnings: ALV's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALV's revenue (4.6% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: ALV's revenue (4.6% 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 (10.8%).


Past Performance

How has Allianz performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALV has high quality earnings.

Growing Profit Margin: ALV's current net profit margins (7.3%) are higher than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: ALV's earnings have grown by 3.3% per year over the past 5 years.

Accelerating Growth: ALV's earnings growth over the past year (28.8%) exceeds its 5-year average (3.3% per year).

Earnings vs Industry: ALV earnings growth over the past year (28.8%) exceeded the Insurance industry 12.4%.


Return on Equity

High ROE: ALV's Return on Equity (11.1%) is considered low.


Financial Health

How is Allianz's financial position?


Financial Position Analysis

Short Term Liabilities: ALV's short term assets (€103.1B) exceed its short term liabilities (€83.5B).

Long Term Liabilities: ALV's short term assets (€103.1B) do not cover its long term liabilities (€913.4B).


Debt to Equity History and Analysis

Debt Level: ALV's debt to equity ratio (44.9%) is considered high.

Reducing Debt: ALV's debt to equity ratio has reduced from 66% to 44.9% over the past 5 years.

Debt Coverage: ALV's debt is well covered by operating cash flow (91.1%).

Interest Coverage: ALV's interest payments on its debt are well covered by EBIT (16x coverage).


Balance Sheet


Dividend

What is Allianz current dividend yield, its reliability and sustainability?

5.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALV's dividend (5.03%) is higher than the bottom 25% of dividend payers in the German market (0.97%).

High Dividend: ALV's dividend (5.03%) is in the top 25% of dividend payers in the German market (3.17%)


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 (45.9%), 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 covered by earnings (52.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Oliver Bäte (56 yo)

6.33yrs

Tenure

€6,800,000

Compensation

Mr. Oliver Bäte has been Chief Executive Officer and Chairman of the Management Board at Allianz Group and Allianz SE since May 7, 2015. Mr. Bäte is a Member of Supervisory Board at Allianz Deutschland AG....


CEO Compensation Analysis

Compensation vs Market: Oliver's total compensation ($USD7.98M) is above average for companies of similar size in the German market ($USD4.42M).

Compensation vs Earnings: Oliver's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ALV's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: ALV's board of directors are considered experienced (5.3 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

Allianz SE's 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: €78.354b
  • Shares outstanding: 410.71m
  • Website: https://www.allianz.com

Number of Employees


Location

  • Allianz SE
  • Königinstrasse 28
  • Munich
  • Bavaria
  • 80802
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:37
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.