| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 6/6 |
ALV Overview
Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide.
Allianz Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €190.78 |
| 52 Week High | €148.60 |
| 52 Week Low | €223.50 |
| Beta | 1.32 |
| 1 Month Change | -4.00% |
| 3 Month Change | -12.16% |
| 1 Year Change | 6.90% |
| 3 Year Change | -1.04% |
| 5 Year Change | 39.66% |
| Change since IPO | 81.28% |
Recent News & Updates
Shareholder Returns
| ALV | DE Insurance | DE Market | |
|---|---|---|---|
| 7D | -1.3% | -0.8% | -1.2% |
| 1Y | 6.9% | 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
| ALV volatility | |
|---|---|
| ALV Beta | 1.32 |
| Industry Beta | 1.16 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1890 | 150,269 | Oliver Bäte | https://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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/19 17:37 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| 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.