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ageas SA/NV (AGESY)

46.79 +0.20 (+0.43%)
At close: April 26 at 3:59 PM EDT
Key Events
Loading Chart for AGESY
DELL
  • Previous Close 46.59
  • Open 46.37
  • Bid --
  • Ask --
  • Day's Range 46.37 - 46.79
  • 52 Week Range 37.91 - 47.60
  • Volume 2,112
  • Avg. Volume 5,642
  • Market Cap (intraday) 8.594B
  • Beta (5Y Monthly) 0.75
  • PE Ratio (TTM) 8.43
  • EPS (TTM) 5.55
  • Earnings Date --
  • Forward Dividend & Yield 3.19 (6.82%)
  • Ex-Dividend Date Oct 25, 2023
  • 1y Target Est 53.00

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property. The company serves private individuals, as well as small, medium-sized, and large companies through independent brokers and the bank channels. ageas SA/NV was founded in 1824 and is headquartered in Brussels, Belgium.

www.ageas.com

14,837

Full Time Employees

December 31

Fiscal Year Ends

Recent News: AGESY

Performance Overview: AGESY

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

AGESY
7.91%
BEL 20
4.51%

1-Year Return

AGESY
15.34%
BEL 20
1.28%

3-Year Return

AGESY
3.40%
BEL 20
3.34%

5-Year Return

AGESY
29.19%
BEL 20
4.34%

Compare To: AGESY

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Statistics: AGESY

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    8.54B

  • Enterprise Value

    11.44B

  • Trailing P/E

    8.43

  • Forward P/E

    6.43

  • PEG Ratio (5yr expected)

    1.24

  • Price/Sales (ttm)

    0.82

  • Price/Book (mrq)

    1.08

  • Enterprise Value/Revenue

    1.16

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.66%

  • Return on Assets (ttm)

    0.66%

  • Return on Equity (ttm)

    14.32%

  • Revenue (ttm)

    7.53B

  • Net Income Avi to Common (ttm)

    953M

  • Diluted EPS (ttm)

    5.55

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.19B

  • Total Debt/Equity (mrq)

    79.60%

  • Levered Free Cash Flow (ttm)

    656.88M

Research Analysis: AGESY

Analyst Price Targets

53.00
53.00 Average
46.79 Current
53.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Company Insights: AGESY

Research Reports: AGESY

  • Analyst Report: ageas SA/NV

    Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis’ capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis’ share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

    Rating
    Price Target
     
  • Analyst Report: ageas SA/NV

    Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis’ capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis’ share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

    Rating
    Price Target
     
  • Analyst Report: ageas SA/NV

    Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis’ capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis’ share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

    Rating
    Price Target
     
  • Analyst Report: ageas SA/NV

    Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis’ capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis’ share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

    Rating
    Price Target
     

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