United Overseas Insurance Limited

DB:IZB Stock Report

Market Cap: €312.0m

United Overseas Insurance Valuation

Is IZB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IZB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IZB (€4.96) is trading below our estimate of fair value (€7.5)

Significantly Below Fair Value: IZB is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IZB?

Key metric: As IZB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IZB. This is calculated by dividing IZB's market cap by their current earnings.
What is IZB's PE Ratio?
PE Ratio14x
EarningsS$31.51m
Market CapS$440.32m

Price to Earnings Ratio vs Peers

How does IZB's PE Ratio compare to its peers?

The above table shows the PE ratio for IZB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.1x
RLV RheinLand Holding
12.5xn/a€115.2m
DFV DFV Deutsche Familienversicherung
22.3xn/a€97.0m
NBG6 NÜRNBERGER Beteiligungs-AG
14.1x38.4%€599.0m
DOHI Doha Insurance Group Q.P.S.C
7.7xn/aر.ق1.3b
IZB United Overseas Insurance
14xn/a€440.3m

Price-To-Earnings vs Peers: IZB is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (14.3x).

Price to Earnings Ratio vs Industry

How does IZB's PE Ratio compare vs other companies in the European Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
IZB 14.0xIndustry Avg. 11.9xNo. of Companies13PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IZB is expensive based on its Price-To-Earnings Ratio (14x) compared to the European Insurance industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

What is IZB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IZB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IZB's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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