LSE:0M6S

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

Undervalued established dividend payer.


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: 0M6S has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

0M6S

0.3%

GB Insurance

0.05%

GB Market


1 Year Return

18.9%

0M6S

0.9%

GB Insurance

7.1%

GB Market

Return vs Industry: 0M6S exceeded the UK Insurance industry which returned 0.9% over the past year.

Return vs Market: 0M6S exceeded the UK Market which returned 7.1% over the past year.


Shareholder returns

0M6SIndustryMarket
7 Day0.4%0.3%0.05%
30 Day4.2%3.8%-1.7%
90 Day5.1%10.5%4.1%
1 Year24.2%18.9%12.1%0.9%12.6%7.1%
3 Year57.9%38.8%18.5%-2.7%18.4%3.6%
5 Year92.9%54.1%30.8%-2.8%35.2%4.2%

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?

47.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 0M6S (€229.73) is trading below our estimate of fair value (€440.55)

Significantly Below Fair Value: 0M6S is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 0M6S is good value based on its PE Ratio (12.4x) compared to the Insurance industry average (14.7x).

PE vs Market: 0M6S is good value based on its PE Ratio (12.4x) compared to the UK market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: 0M6S is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: 0M6S is good value based on its PB Ratio (1.4x) compared to the GB Insurance industry average (1.8x).


Next Steps

Future Growth

How is Allianz forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0M6S's forecast earnings growth (3.9% per year) is above the savings rate (0.5%).

Earnings vs Market: 0M6S's earnings (3.9% per year) are forecast to grow slower than the UK market (13% per year).

High Growth Earnings: 0M6S's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0M6S's revenue (6.1% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: 0M6S's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 0M6S's Return on Equity is forecast to be low in 3 years time (12.1%).


Next Steps

Past Performance

How has Allianz performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0M6S has high quality earnings.

Growing Profit Margin: 0M6S's current net profit margins (7.2%) are higher than last year (6.7%).


Past Earnings Growth Analysis

Earnings Trend: 0M6S's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: 0M6S's earnings growth over the past year (7.8%) exceeds its 5-year average (4% per year).

Earnings vs Industry: 0M6S earnings growth over the past year (7.8%) underperformed the Insurance industry 23.4%.


Return on Equity

High ROE: 0M6S's Return on Equity (10.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Allianz's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 0M6S has a low level of unsold assets or inventory.

Debt Coverage by Assets: 0M6S's debt is covered by short term assets (assets are 1.4x debt).


Financial Institutions Analysis

Asset Level: 0M6S's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 0M6S has a sufficient allowance for bad loans.

Low Risk Liabilities: 0M6S reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 0M6S has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 0M6S has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 0M6S has an appropriate level of bad loans.


Next Steps

Dividend

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

3.95%

Current Dividend Yield


Dividend Yield vs Market

company3.9%marketbottom25%1.8%markettop25%5.1%industryaverage4.8%forecastin3Years4.6%

Current dividend yield vs market & industry

Notable Dividend: 0M6S's dividend (3.95%) is higher than the bottom 25% of dividend payers in the UK market (1.79%).

High Dividend: 0M6S's dividend (3.95%) is low compared to the top 25% of dividend payers in the UK market (5.09%).


Stability and Growth of Payments

Stable Dividend: 0M6S's dividends per share have been stable in the past 10 years.

Growing Dividend: 0M6S's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.1%), 0M6S's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 0M6S's dividends in 3 years are forecast to be well covered by earnings (49.3% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Allianz has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Christof Mascher
COO & Member of the Board of Management10.4yrs€3.65mno data
Sergio Balbinot
Member of Management Board5.1yrs€3.95mno data
Iván de la Sota
Chief Business Transformation Officer & Member of the Board of Management1.8yrs€3.00mno data
Oliver Schmidt
Head of Investor Relations0yrsno datano data
Veit Stutz
Head of Business Transformation1.4yrsno datano data
Bart Schlatmann
CEO of European Direct Business1.4yrsno datano data
Aaron Fryer
Regional Chief Financial Officer for Asia-Pacific1.1yrsno datano data
Olaf Kliesow
Global Head of Rewards & Performance0.7yrsno datano data
Stephen Taylor
Head of Small Medium Enterprise & Corporate Partner Distribution0.5yrsno datano data
Tarek Shahin
Senior Investment Manager0.9yrsno datano data

1.4yrs

Average Tenure

57yo

Average Age

Experienced Management: 0M6S's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Kimmitt
Member of International Advisory Board7.1yrsno datano data
Franz Humer
Member of International Advisory Board10.1yrs€140.50kno data
Paul M. Achleitner
0yrs€2.02mno data
Herbert Hainer
Member of Joint Advisory Council & Member of Supervisory Board14.1yrs€182.00kno data
Rolf Zimmermann
Vice Chairman of Supervisory Board10.9yrs€162.30kno data
Jim Snabe
Vice Chairman of Supervisory Board2.8yrs€268.50kno data
Godfrey Hayward
Member of the Supervisory Board2.8yrs€156.00kno data
Gabriele Burkhardt-Berg
Member of Supervisory Board7.8yrs€202.80kno data
Jürgen Lawrenz
Member of Supervisory Board0yrs€181.00kno data
Frank Kirsch
Member of Supervisory Board0yrs€52.00kno data

7.8yrs

Average Tenure

61yo

Average Age

Experienced Board: 0M6S's board of directors are considered experienced (7.8 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: 0M6S
  • Exchange: LSE
  • Founded: 1890
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: €94.896b
  • Shares outstanding: 416.21m
  • Website: https://www.allianz.com

Number of Employees


Location

  • Allianz SE
  • Königinstrasse 28
  • Munich
  • Bavaria
  • 80802
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALIZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
0M6SLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
ALVDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
322646SWX (SIX Swiss Exchange)YesOrdinary SharesCHEURJan 1992
ALVBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
ALVXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1992
ALVDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
ALV NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNJan 1992
ALVWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
ALLIANZBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFJan 1992
ALVADB (Deutsche Boerse AG)SP ADR 1/10 SHDEEURNov 2000
ALVBDB (Deutsche Boerse AG)NPV(REGD)(VINKULIERT)(NEW)DEEURDec 2019
ALIZ.YOTCPK (Pink Sheets LLC)UNSPONSRD ADSUSUSDJan 2020

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 various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products 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 health, supplemental health, and long-term care insurance products. The company’s Asset Management segment offers institutional and retail asset management products and services to third-party investors comprising equity and fixed income funds, as well as alternative products; and investment management services. Its Corporate and Other segment provides various banking products for corporate and retail clients; and alternative investment management services in the private equity, real estate, renewable energy, and infrastructure sectors. Allianz SE was founded in 1890 and is headquartered in Munich, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 21:04
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.