ASR Nederland
Market Cap
€5.3b
Last Updated
2021/04/14 18:55 UTC
Data Sources
Company Financials +
Executive Summary
ASR Nederland N.V. provides various insurance and non-insurance products and services to private and business customers in the Netherlands and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued average dividend payer.
Similar Companies
Share Price & News
How has ASR Nederland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine ASRNLA's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine ASRNLA's volatility change over the past year.
Market Performance
7 Day Return
0.6%
ASRNLA
0.5%
GB Insurance
1.5%
GB Market
1 Year Return
72.6%
ASRNLA
43.8%
GB Insurance
24.9%
GB Market
Return vs Industry: ASRNLA exceeded the UK Insurance industry which returned 38.8% over the past year.
Return vs Market: ASRNLA exceeded the UK Market which returned 23.8% over the past year.
Shareholder returns
| ASRNLA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.5% | 1.5% |
| 30 Day | 0.7% | 1.8% | 3.0% |
| 90 Day | 12.2% | 7.3% | 3.8% |
| 1 Year | 84.1%72.6% | 50.2%43.8% | 30.7%24.9% |
| 3 Year | 20.8%1.0% | 8.3%-10.4% | 15.3%1.6% |
| 5 Year | n/a | 40.1%4.5% | 41.3%14.4% |
Long-Term Price Volatility Vs. Market
How volatile is ASR Nederland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ASR Nederland undervalued compared to its fair value and its price relative to the market?
39.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASRNLA (€37.88) is trading below our estimate of fair value (€62.46)
Significantly Below Fair Value: ASRNLA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASRNLA is good value based on its PE Ratio (8.7x) compared to the GB Insurance industry average (14.8x).
PE vs Market: ASRNLA is good value based on its PE Ratio (8.7x) compared to the UK market (25.8x).
Price to Earnings Growth Ratio
PEG Ratio: ASRNLA is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: ASRNLA is good value based on its PB Ratio (0.8x) compared to the GB Insurance industry average (1.4x).
Future Growth
How is ASR Nederland forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
5.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASRNLA's forecast earnings growth (5.1% per year) is above the savings rate (1%).
Earnings vs Market: ASRNLA's earnings (5.1% per year) are forecast to grow slower than the UK market (20.8% per year).
High Growth Earnings: ASRNLA's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASRNLA's revenue is expected to decline over the next 3 years (-6.5% per year).
High Growth Revenue: ASRNLA's revenue is forecast to decline over the next 3 years (-6.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASRNLA's Return on Equity is forecast to be low in 3 years time (11.4%).
Past Performance
How has ASR Nederland performed over the past 5 years?
2.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASRNLA has high quality earnings.
Growing Profit Margin: ASRNLA's current net profit margins (8.1%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: ASRNLA's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: ASRNLA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASRNLA had negative earnings growth (-32.8%) over the past year, making it difficult to compare to the Insurance industry average (-13%).
Return on Equity
High ROE: ASRNLA's Return on Equity (10.4%) is considered low.
Financial Health
How is ASR Nederland's financial position?
Financial Position Analysis
Short Term Liabilities: ASRNLA's short term assets (€18.7B) exceed its short term liabilities (€16.7B).
Long Term Liabilities: ASRNLA's short term assets (€18.7B) do not cover its long term liabilities (€54.1B).
Debt to Equity History and Analysis
Debt Level: ASRNLA's debt to equity ratio (164.8%) is considered high.
Reducing Debt: ASRNLA's debt to equity ratio has increased from 64.7% to 164.8% over the past 5 years.
Debt Coverage: ASRNLA's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: ASRNLA's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Dividend
What is ASR Nederland current dividend yield, its reliability and sustainability?
5.34%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ASRNLA's dividend (5.31%) is higher than the bottom 25% of dividend payers in the UK market (1.4%).
High Dividend: ASRNLA's dividend (5.31%) is in the top 25% of dividend payers in the UK market (4.19%)
Stability and Growth of Payments
Stable Dividend: ASRNLA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASRNLA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.4%), ASRNLA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASRNLA's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Jos P. Baeten (62 yo)
12.25yrs
Tenure
€1,420,000
Compensation
Mr. Jos P. M. Baeten, LL.M., is the Founder of ASR Nederland N.V. and has been its Chief Executive Officer since January 26, 2009. Mr. Baeten has been Chairman of The Executive Board at ASR Nederland N.V. ...
CEO Compensation Analysis
Compensation vs Market: Jos P.'s total compensation ($USD1.69M) is about average for companies of similar size in the UK market ($USD2.20M).
Compensation vs Earnings: Jos P.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: ASRNLA's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: ASRNLA's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASRNLA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ASR Nederland N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ASR Nederland N.V.
- Ticker: ASRNLA
- Exchange: BATS-CHIXE
- Founded: NaN
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €5.252b
- Shares outstanding: 137.93m
- Website: https://www.asrnl.com
Number of Employees
Location
- ASR Nederland N.V.
- Archimedeslaan 10
- Utrecht
- Utrecht
- 3584 BA
- Netherlands
Listings
Biography
ASR Nederland N.V. provides various insurance and non-insurance products and services to private and business customers in the Netherlands and internationally. It operates through five segments: Non-Life, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/14 18:55 |
| End of Day Share Price | 2021/04/14 00:00 |
| Earnings | 2020/12/31 |
| 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.