ASR Nederland N.V. provides various insurance and non-insurance products and services to private and business customers in the Netherlands and internationally.
Undervalued with proven track record and pays a dividend.
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: 0RHS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0RHS underperformed the UK Insurance industry which returned -0% over the past year.
Return vs Market: 0RHS underperformed the UK Market which returned 6.5% over the past year.
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
Is ASR Nederland 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: 0RHS (€36.47) is trading below our estimate of fair value (€78.18)
Significantly Below Fair Value: 0RHS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0RHS is good value based on its PE Ratio (6.1x) compared to the Insurance industry average (14.6x).
PE vs Market: 0RHS is good value based on its PE Ratio (6.1x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 0RHS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 0RHS is good value based on its PB Ratio (0.9x) compared to the GB Insurance industry average (1.8x).
How is ASR Nederland forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0RHS's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: 0RHS's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: 0RHS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 0RHS's revenue is expected to decline over the next 3 years (-22.5% per year).
High Growth Revenue: 0RHS's revenue is forecast to decline over the next 3 years (-22.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0RHS's Return on Equity is forecast to be low in 3 years time (12%).
How has ASR Nederland performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0RHS has high quality earnings.
Growing Profit Margin: 0RHS's current net profit margins (11.3%) are lower than last year (11.4%).
Past Earnings Growth Analysis
Earnings Trend: 0RHS's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: 0RHS's earnings growth over the past year (41%) exceeds its 5-year average (12.5% per year).
Earnings vs Industry: 0RHS earnings growth over the past year (41%) exceeded the Insurance industry 23.4%.
Return on Equity
High ROE: 0RHS's Return on Equity (15.9%) is considered low.
Return on Assets
Return on Capital Employed
How is ASR Nederland's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0RHS has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0RHS's debt is covered by short term assets (assets are 1.4x debt).
Financial Institutions Analysis
Asset Level: 0RHS's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 0RHS has a sufficient allowance for bad loans.
Low Risk Liabilities: 0RHS reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0RHS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0RHS has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0RHS has an appropriate level of bad loans.
What is ASR Nederland's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 0RHS's dividend (6%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: 0RHS's dividend (6%) is in the top 25% of dividend payers in the UK market (5.07%)
Stability and Growth of Payments
Stable Dividend: 0RHS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0RHS's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), 0RHS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RHS's dividends in 3 years are forecast to be well covered by earnings (42% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jos P. Baeten (61yo)
Mr. J.P.M. Baeten, also known as Jos, 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 ...
CEO Compensation Analysis
Compensation vs Market: Jos P.'s total compensation ($USD1.04M) is below average for companies of similar size in the UK market ($USD3.31M).
Compensation vs Earnings: Jos P.'s compensation has been consistent with company performance over the past year.
|Chairman of the Executive Board & CEO||11.1yrs||€956.00k||0.0016% €84.6k|
|CFO & Member of Executive Board||0yrs||no data||no data|
|Member of Executive Board||0.2yrs||no data||no data|
|Member of Management Board||0yrs||no data||no data|
|Director of Accounting||7.6yrs||no data||no data|
|Head of Investor Relations and Ratings||0yrs||no data||no data|
|Managing Director of Corporate Communications||0yrs||no data||no data|
|Managing Director of Human Resources||0yrs||no data||no data|
|Managing Director of Pension Business||0yrs||no data||no data|
|Managing Director of Non-Life Business||0yrs||no data||no data|
Experienced Management: 0RHS's management team is seasoned and experienced (7.6 years average tenure).
|Supervisory Board Member||4.1yrs||€44.00k||no data|
|Vice Chairman of the Supervisory Board||4.1yrs||€44.00k||no data|
|Chairman of the Supervisory Board||11.2yrs||€54.00k||no data|
|Member of Supervisory Board||0.3yrs||no data||no data|
|Member of Supervisory Board||1.8yrs||€30.00k||no data|
|Member of Supervisory Board||0.3yrs||no data||no data|
Experienced Board: 0RHS's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ASR Nederland N.V.'s company bio, employee growth, exchange listings and data sources
- Name: ASR Nederland N.V.
- Ticker: 0RHS
- Exchange: LSE
- Founded: 1720
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €5.125b
- Shares outstanding: 141.00m
- Website: https://www.asrnederland.nl
Number of Employees
- ASR Nederland N.V.
- Archimedeslaan 10
- 3584 BA
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASRNL||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jun 2016|
|A16||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2016|
|0RHS||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 2016|
|ASRNLA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2016|
|ASRR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2016|
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 Non-Life, Life, Banking and Asset Management, Distribution and Services, Holding and Other, and Real Estate Development segments. The company offers non-life insurance products, including motor vehicle, fire, travel and leisure, transport, liability, agricultural, construction motorized vehicles, and construction all risk and assistance insurance products; self-employed disability, sickness leave, and group disability insurance products; and health insurance products comprising basic health insurance and supplementary health insurance products. It also provides life insurance products, such as individual life and group pensions, and funeral insurance products. In addition, the company offers bank and deferred annuities, savings accounts, and retail investments; various mortgages; asset management; and real estate investment services. Additionally, it engages in the distribution of insurance contracts and intermediary services; and develops real estate properties. ASR Nederland N.V. offers its products under the a.s.r., De Amersfoortse, Ditzo, Europeesche Verzekeringen, and Ardanta brand names. The company was formerly known as Fortis Verzekeringen Nederland N.V. and changed its name to ASR Nederland N.V. in October 2008. ASR Nederland N.V. was founded in 1720 and is headquartered in Utrecht, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 22:56|
|End of Day Share Price||2020/02/21 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.