Executive Summary
Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. More Details
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 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ALV's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
ALV
-3.0%
DE Insurance
-1.3%
DE Market
1 Year Return
19.7%
ALV
11.1%
DE Insurance
29.1%
DE Market
Return vs Industry: ALV exceeded the German Insurance industry which returned 11.4% over the past year.
Return vs Market: ALV underperformed the German Market which returned 29.6% over the past year.
Shareholder returns
| ALV | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -3.0% | -1.3% |
| 30 Day | -1.5% | -1.7% | 1.5% |
| 90 Day | 0.4% | -3.5% | 4.8% |
| 1 Year | 25.2%19.7% | 15.8%11.1% | 33.3%29.1% |
| 3 Year | 42.9%23.1% | 43.1%24.6% | 31.6%20.8% |
| 5 Year | 112.3%67.8% | 99.2%59.4% | 64.2%41.4% |
Long-Term 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
Allianz (ETR:ALV) Has Gifted Shareholders With A Fantastic 105% Total Return On Their Investment1 month ago | Simply Wall St
Allianz SE (ETR:ALV) Will Pay A €9.60 Dividend In Three Days1 month ago | Simply Wall St
Here's What You Should Know About Allianz SE's (ETR:ALV) 4.4% Dividend YieldValuation
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 (€213.15) is trading below our estimate of fair value (€519.87)
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 (11x) compared to the German Insurance industry average (12.1x).
PE vs Market: ALV is good value based on its PE Ratio (11x) compared to the German market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: ALV is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: ALV's PB Ratio (1.1x) 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 13 analysts?
3.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALV's forecast earnings growth (3.3% per year) is above the savings rate (0.01%).
Earnings vs Market: ALV's earnings (3.3% per year) are forecast to grow slower than the German market (14.4% per year).
High Growth Earnings: ALV's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALV's revenue (5.7% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: ALV's revenue (5.7% 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 (11.5%).
Past Performance
How has Allianz performed over the past 5 years?
2.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALV has high quality earnings.
Growing Profit Margin: ALV's current net profit margins (6.5%) are lower than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: ALV's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: ALV's earnings growth over the past year (8.6%) exceeds its 5-year average (2.3% per year).
Earnings vs Industry: ALV earnings growth over the past year (8.6%) underperformed the Insurance industry 8.6%.
Return on Equity
High ROE: ALV's Return on Equity (10.2%) is considered low.
Financial Health
How is Allianz's financial position?
Financial Position Analysis
Short Term Liabilities: ALV's short term assets (€67.0B) exceed its short term liabilities (€57.7B).
Long Term Liabilities: ALV's short term assets (€67.0B) do not cover its long term liabilities (€928.9B).
Debt to Equity History and Analysis
Debt Level: ALV's debt to equity ratio (41.1%) is considered high.
Reducing Debt: ALV's debt to equity ratio has reduced from 63.5% to 41.1% over the past 5 years.
Debt Coverage: ALV's debt is well covered by operating cash flow (95%).
Interest Coverage: ALV's interest payments on its debt are well covered by EBIT (17.9x coverage).
Balance Sheet
Dividend
What is Allianz current dividend yield, its reliability and sustainability?
4.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALV's dividend (4.5%) is higher than the bottom 25% of dividend payers in the German market (1%).
High Dividend: ALV's dividend (4.5%) is in the top 25% of dividend payers in the German market (3.13%)
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 (49.6%), 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 (49.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Oliver Bäte (55 yo)
6.08yrs
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 ($USD8.12M) is above average for companies of similar size in the German market ($USD4.92M).
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 (3.2 years average tenure).
Board Members
Experienced Board: ALV's board of directors are considered experienced (5.1 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 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: €88.878b
- Shares outstanding: 412.05m
- Website: https://www.allianz.com
Number of Employees
Location
- Allianz SE
- Königinstrasse 28
- Munich
- Bavaria
- 80802
- Germany
Listings
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/23 18:59 |
| End of Day Share Price | 2021/06/23 00:00 |
| Earnings | 2021/03/31 |
| 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.