BANCA GENERALI S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 36.32 EUR | +0.83% |
|
+2.77% | +7.97% |
| Apr. 18 | Generali reorganises business structure ahead of new strategic plan | RE |
| Apr. 18 | Assicurazioni Generali approves new organizational structure | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,360 | 3,134 | 4,442 | 3,639 | 3,833 | 4,138 | - | - |
| Enterprise Value (EV) 1 | 3,360 | 3,227 | 4,442 | 3,639 | 3,833 | 4,138 | 4,138 | 4,138 |
| P/E ratio | 12.3 x | 11.4 x | 13.8 x | 17.6 x | 12.1 x | 12.2 x | 11.9 x | 11.8 x |
| Yield | 6.39% | 12.1% | 12% | 5.15% | - | 6.24% | 6.39% | 6.52% |
| Capitalization / Revenue | 5.76 x | 5.07 x | 5.7 x | 5.69 x | 4.86 x | 5.05 x | 4.96 x | 4.85 x |
| EV / Revenue | 5.76 x | 5.07 x | 5.7 x | 5.69 x | 4.86 x | 5.05 x | 4.96 x | 4.85 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 3.65 x | 2.65 x | 4.02 x | - | - | 3.21 x | 2.99 x | 2.8 x |
| Nbr of stocks (in thousands) | 116,008 | 115,052 | 114,632 | 113,508 | 113,928 | 113,932 | - | - |
| Reference price 2 | 28.96 | 27.24 | 38.75 | 32.06 | 33.64 | 36.32 | 36.32 | 36.32 |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 583.4 | 617.6 | 779.3 | 639.8 | 788.2 | 818.7 | 835 | 853 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 356.8 | 390.4 | 537 | 383.3 | 511.5 | 525.1 | 528.7 | 534.6 |
| Operating Margin | 61.16% | 63.21% | 68.91% | 59.91% | 64.89% | 64.13% | 63.32% | 62.66% |
| Earnings before Tax (EBT) 1 | 325.3 | 347.3 | 392.7 | 330.2 | 443.8 | 465 | 471.9 | 472.1 |
| Net income 1 | 272.1 | 274.9 | 323.1 | 213 | 326.1 | 344.4 | 352.7 | 349.3 |
| Net margin | 46.64% | 44.51% | 41.46% | 33.29% | 41.37% | 42.06% | 42.24% | 40.95% |
| EPS 2 | 2.350 | 2.380 | 2.810 | 1.823 | 2.791 | 2.968 | 3.061 | 3.081 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 1.850 | 3.300 | 4.650 | 1.650 | - | 2.267 | 2.322 | 2.367 |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 310.7 | 302.2 | - | 180.2 | 166.4 | 160.8 | 153.7 | - | 155.2 | 170.1 | 193.2 | 199 | - | 196.8 | 199.2 | 231.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 185 | 188.8 | 320.4 | 121.5 | 95.1 | 100.9 | 93.7 | 194.5 | 93.22 | 95.6 | 129.5 | 135.4 | 264.9 | 130.6 | 116 | 161.8 |
| Operating Margin | 59.54% | 62.48% | - | 67.43% | 57.15% | 62.73% | 60.96% | - | 60.06% | 56.2% | 67.04% | 68.04% | - | 66.36% | 58.23% | 69.81% |
| Earnings before Tax (EBT) 1 | 164 | 169.7 | 211.5 | 105.2 | 76 | 88.28 | 84.1 | 172.4 | 79.78 | 78.04 | 114.4 | 125.3 | - | 109.4 | 94.7 | 135.2 |
| Net income 1 | 139.3 | 131.9 | 190.1 | 80.8 | 52.2 | 68.3 | 63 | 131.3 | 24.08 | 57.6 | 83.07 | 92 | - | 80.1 | 71 | 100 |
| Net margin | 44.83% | 43.65% | - | 44.84% | 31.37% | 42.48% | 40.99% | - | 15.52% | 33.86% | 43% | 46.23% | - | 40.7% | 35.64% | 43.13% |
| EPS | - | - | - | 0.7000 | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | 2.700 | 1.950 | - | - | - | - | 1.650 | - | - | - | - | - | - |
| Announcement Date | 2/10/20 | 7/30/20 | 7/28/21 | 11/4/21 | 2/10/22 | 5/13/22 | 7/28/22 | 7/28/22 | 11/4/22 | 2/9/23 | 5/11/23 | 7/27/23 | 7/27/23 | 11/13/23 | 2/8/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | 93.4 | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 32.9% | 26.2% | 28.2% | 20.3% | - | 27.3% | 25.6% | 23% |
| ROA (Net income/ Total Assets) | 2.53% | - | - | 1.32% | - | 2.2% | 2.2% | - |
| Assets 1 | 10,751 | - | - | 16,117 | - | 15,653 | 16,032 | - |
| Book Value Per Share 2 | 7.930 | 10.30 | 9.640 | - | - | 11.30 | 12.20 | 13.00 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | 17.5 | - | - | - | - | - | - | - |
| Capex / Sales | 2.99% | - | - | - | - | - | - | - |
| Announcement Date | 2/10/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/8/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
36.32
EUR
Average target price
35.46
EUR
Spread / Average Target
-2.38%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +7.97% | 4.42B | |
| +4.16% | 11B | |
| -1.11% | 3.52B | |
| +3.33% | 1.33B | |
| -1.90% | 186M | |
| +8.87% | 156M | |
| -14.34% | 103M |
- Stock Market
- Equities
- BGN Stock
- Financials Banca Generali S.p.A.
