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Market Cap

€90.1b

Last Updated

2021/04/14 17:34 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

6 star dividend payer and undervalued.


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: ALVD is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

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


Market Performance


7 Day Return

-0.5%

ALVD

0.5%

GB Insurance

1.5%

GB Market


1 Year Return

35.9%

ALVD

43.8%

GB Insurance

24.9%

GB Market

Return vs Industry: ALVD underperformed the UK Insurance industry which returned 43.8% over the past year.

Return vs Market: ALVD exceeded the UK Market which returned 24.9% over the past year.


Shareholder returns

ALVDIndustryMarket
7 Day-0.5%0.5%1.5%
30 Day2.3%1.8%3.0%
90 Day8.2%7.3%3.8%
1 Year44.4%35.9%50.2%43.8%30.7%24.9%
3 Year31.4%13.6%8.3%-10.4%15.3%1.6%
5 Year79.0%40.8%40.1%4.5%41.3%14.4%

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

No news available

Valuation

Is Allianz undervalued compared to its fair value and its price relative to the market?

49.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALVD (€219.48) is trading below our estimate of fair value (€437.49)

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


Price To Earnings Ratio

PE vs Industry: ALVD is good value based on its PE Ratio (13.3x) compared to the GB Insurance industry average (15.7x).

PE vs Market: ALVD is good value based on its PE Ratio (13.3x) compared to the UK market (26x).


Price to Earnings Growth Ratio

PEG Ratio: ALVD is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: ALVD is good value based on its PB Ratio (1.1x) compared to the GB Insurance industry average (1.4x).


Future Growth

How is Allianz forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

4.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALVD's forecast earnings growth (4.1% per year) is above the savings rate (1%).

Earnings vs Market: ALVD's earnings (4.1% per year) are forecast to grow slower than the UK market (20.8% per year).

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

Revenue vs Market: ALVD's revenue (8.1% per year) is forecast to grow faster than the UK market (6.4% per year).

High Growth Revenue: ALVD's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALVD's Return on Equity is forecast to be low in 3 years time (12%).


Past Performance

How has Allianz performed over the past 5 years?

2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALVD has high quality earnings.

Growing Profit Margin: ALVD's current net profit margins (5.8%) are lower than last year (7%).


Past Earnings Growth Analysis

Earnings Trend: ALVD's earnings have grown by 2% per year over the past 5 years.

Accelerating Growth: ALVD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALVD had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the Insurance industry average (-13%).


Return on Equity

High ROE: ALVD's Return on Equity (8.4%) is considered low.


Financial Health

How is Allianz's financial position?


Financial Position Analysis

Short Term Liabilities: ALVD's short term assets (€98.9B) exceed its short term liabilities (€77.2B).

Long Term Liabilities: ALVD's short term assets (€98.9B) do not cover its long term liabilities (€898.3B).


Debt to Equity History and Analysis

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

Reducing Debt: ALVD's debt to equity ratio has reduced from 69.7% to 44.9% over the past 5 years.

Debt Coverage: ALVD's debt is well covered by operating cash flow (84.4%).

Interest Coverage: ALVD's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet


Dividend

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

4.39%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 14 2021Ex Dividend DateMay 06 2021Dividend Pay DateMay 10 20214 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ALVD's dividend (4.38%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: ALVD's dividend (4.38%) is in the top 25% of dividend payers in the UK market (4.18%)


Stability and Growth of Payments

Stable Dividend: ALVD's dividends per share have been stable in the past 10 years.

Growing Dividend: ALVD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (58.2%), ALVD's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ALVD's dividends in 3 years are forecast to be covered by earnings (50.7% payout ratio).


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Oliver Bäte (55 yo)

5.92yrs

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 ($USD8.10M) is above average for companies of similar size in the UK market ($USD3.55M).

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


Leadership Team

Experienced Management: ALVD's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: ALVD's board of directors are considered experienced (4.9 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: ALVD
  • Exchange: BATS-CHIXE
  • Founded: 1890
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: €90.073b
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/14 17:34
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
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.