ageas SA/NV, together with its subsidiaries, engages in insurance business in Europe and Asia. More Details
6 star dividend payer and undervalued.
Share Price & News
How has ageas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine AGSB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine AGSB's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: AGSB exceeded the UK Insurance industry which returned 38.6% over the past year.
Return vs Market: AGSB exceeded the UK Market which returned 24% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is ageas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ageas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGSB (€49.96) is trading below our estimate of fair value (€79.2)
Significantly Below Fair Value: AGSB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGSB is good value based on its PE Ratio (8.4x) compared to the GB Insurance industry average (14.8x).
PE vs Market: AGSB is good value based on its PE Ratio (8.4x) compared to the UK market (25.7x).
Price to Earnings Growth Ratio
PEG Ratio: AGSB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AGSB is good value based on its PB Ratio (0.8x) compared to the GB Insurance industry average (1.4x).
How is ageas forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGSB's earnings are forecast to decline over the next 3 years (-2.1% per year).
Earnings vs Market: AGSB's earnings are forecast to decline over the next 3 years (-2.1% per year).
High Growth Earnings: AGSB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AGSB's revenue is expected to decline over the next 3 years (-4.4% per year).
High Growth Revenue: AGSB's revenue is forecast to decline over the next 3 years (-4.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGSB's Return on Equity is forecast to be low in 3 years time (9.3%).
How has ageas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGSB has high quality earnings.
Growing Profit Margin: AGSB's current net profit margins (9.5%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: AGSB's earnings have grown significantly by 28.7% per year over the past 5 years.
Accelerating Growth: AGSB's earnings growth over the past year (16.3%) is below its 5-year average (28.7% per year).
Earnings vs Industry: AGSB earnings growth over the past year (16.3%) exceeded the Insurance industry -13%.
Return on Equity
High ROE: AGSB's Return on Equity (9.4%) is considered low.
How is ageas's financial position?
Financial Position Analysis
Short Term Liabilities: AGSB's short term assets (€6.0B) do not cover its short term liabilities (€11.4B).
Long Term Liabilities: AGSB's short term assets (€6.0B) do not cover its long term liabilities (€86.2B).
Debt to Equity History and Analysis
Debt Level: AGSB's debt to equity ratio (44.6%) is considered high.
Reducing Debt: AGSB's debt to equity ratio has increased from 43.4% to 44.6% over the past 5 years.
Debt Coverage: AGSB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGSB's interest payments on its debt are well covered by EBIT (13.3x coverage).
What is ageas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AGSB's dividend (5.18%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: AGSB's dividend (5.18%) is in the top 25% of dividend payers in the UK market (4.19%)
Stability and Growth of Payments
Stable Dividend: AGSB's dividends per share have been stable in the past 10 years.
Growing Dividend: AGSB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.6%), AGSB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AGSB's dividends in 3 years are forecast to be covered by earnings (53.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hans J. De Cuyper (51 yo)
Mr. Hans J. J. de Cuyper has been Chief Executive Officer and Director at Ageas SA/NV since October 22, 2020. Mr. de Cuyper had been the Chief Executive Officer of AG Insurance SA/NV since October 01, 2015...
Experienced Management: AGSB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: AGSB's board of directors are considered experienced (6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ageas SA/NV's company bio, employee growth, exchange listings and data sources
- Name: ageas SA/NV
- Ticker: AGSB
- Exchange: BATS-CHIXE
- Founded: 1824
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €9.565b
- Shares outstanding: 186.96m
- Website: https://www.ageas.com
Number of Employees
- ageas SA/NV
- Rue du Marquis 1/Markiesstraat 1
- Box 7
ageas SA/NV, together with its subsidiaries, engages in insurance business in Europe and Asia. The company primarily offers property, casualty, and life insurance products, as well as pension products; and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/10 18:02|
|End of Day Share Price||2021/03/22 00:00|
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.