Assicurazioni Generali S.p.A. (G) AI Stock Analysis

• Market Cap: €50.10B
• Dividend Yield: 4.41%
• Average Volume (3M): 2.06M
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.94
• Revenue Growth: -0.59%
• EPS Growth: 9.24%
• Country: IT
• Employees: 86,851
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 1.47
• Shares Outstanding: 1,549,784,900
• 10 Day Avg. Volume: 2,017,175
• 30 Day Avg. Volume: 2,061,666
• PEG Ratio: -27.38
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 0.76
• P/FCF Ratio: 2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €34.31
• Price Target Upside: 5.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 65 Neutral
• Price Target: €35.00 ▲(7.83% Upside)

The overall stock score of 65 reflects a balanced view of Assicurazioni Generali S.p.A.'s financial performance and valuation. The company's strong revenue generation and attractive dividend yield are offset by concerns over high leverage and liquidity issues. Technical indicators suggest bearish momentum, which could impact short-term stock performance.

Assicurazioni Generali S.p.A. Business Overview & Revenue Model

Company Description

Assicurazioni Generali S.p.A. provides various insurance solutions. The company operates through four segments: Non-Life; Life; Asset Management; and Holding and Other Business. It offers saving and protection insurance products for individuals and family; unit linked products with investment purposes; and motor, motor third-party liability, casualty, accident, health, and commercial and industrial risks insurance products. The company also provides equity and fixed-income funds, and alternative products; and investment advisory, asset management, and financial planning services. It operates in Italy, France, Germany, Austria, Czech Republic, Poland, Hungary, Slovakia, Serbia, Montenegro, Romania, Slovenia, Bulgaria, Croatia, Russia, Spain, Switzerland, the Americas, Southern Europe, and Asia. The company was formerly known as Assicurazioni Generali Austro-Italiche and changed its name to Assicurazioni Generali S.p.A. in 1848. Assicurazioni Generali S.p.A. was founded in 1831 and is headquartered in Trieste, Italy.

How the Company Makes Money

Generali generates revenue primarily through its insurance premiums, which are collected from policyholders in exchange for coverage against various risks. The company earns significant income from both life and non-life insurance segments, with life insurance products typically providing long-term revenue through policyholder contributions. Additionally, Generali has a robust asset management division that invests premiums in various financial instruments, generating returns that contribute to its overall profitability. The company also engages in reinsurance, allowing it to mitigate risk and enhance its earnings. Strategic partnerships with banks and financial institutions further bolster its distribution channels, enabling Generali to reach a wider customer base and enhance its revenue streams.

Assicurazioni Generali S.p.A. Financial Statement Overview

Summary

Assicurazioni Generali S.p.A. has stable net income typical of the insurance sector, but high leverage and recent liquidity concerns pose risks. The income statement is resilient, yet the balance sheet's debt levels are worrying, and cash flow challenges need management attention.

Income Statement

The company has shown fluctuating revenue trends with a recent decline in 2024 compared to 2023. The gross profit margin is consistently high due to the business model, but the net profit margin and EBIT margin indicate moderate profitability. Net income has remained relatively stable, showing resilience in challenging market conditions.

Balance Sheet

The balance sheet reveals a high level of total debt, which has increased significantly in 2024. The debt-to-equity ratio is concerning, indicating high leverage. However, the equity ratio is stable, suggesting a reasonable level of equity backing the assets. The return on equity has been moderate, showing consistent shareholder returns.

Cash Flow

The cash flow statement indicates challenges in maintaining free cash flow, with figures dropping to zero in 2024. The operating cash flow has varied year-over-year, impacting the cash flow to net income ratios. Despite previous strong cash flow performance, recent figures highlight potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	90.93B	55.30B	72.85B	48.03B	95.67B	78.93B
Gross Profit	28.10B	55.30B	48.48B	25.91B	95.67B	81.03B
EBITDA	7.07B	6.97B	6.10B	4.82B	5.59B	4.15B
Net Income	4.90B	3.72B	3.75B	2.23B	2.85B	1.74B
Balance Sheet
Total Assets	542.04B	538.65B	507.23B	503.24B	586.23B	544.71B
Cash, Cash Equivalents and Short-Term Investments	0.00	8.31B	230.43B	287.67B	357.05B	344.90B
Total Debt	38.65B	37.54B	36.28B	36.93B	16.57B	13.42B
Total Liabilities	509.77B	505.55B	475.94B	474.26B	554.35B	512.92B
Stockholders Equity	29.72B	30.39B	28.97B	26.65B	29.31B	30.03B
Cash Flow
Free Cash Flow	18.42B	15.01B	1.55B	9.42B	29.39B	19.01B
Operating Cash Flow	18.93B	15.38B	1.73B	10.34B	17.48B	19.34B
Investing Cash Flow	-21.99B	-13.82B	2.27B	-9.02B	-16.30B	-15.98B
Financing Cash Flow	-1.39B	-342.00M	-3.80B	-2.42B	-677.00M	-2.27B

Assicurazioni Generali S.p.A. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 32.46
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:G, the sentiment is Neutral. The current price of 32.46 is below the 20-day moving average (MA) of 33.17, below the 50-day MA of 32.88, and above the 200-day MA of 30.71, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 40.47 is Neutral, neither overbought nor oversold. The STOCH value of 10.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:G.

Assicurazioni Generali S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FBK	72 Outperform	11.54B	17.59	27.30%	3.92%	2.97%	4.64%
BGN	70 Outperform	5.58B	14.15	29.54%	5.61%	6.75%	0.27%
MB	70 Outperform	16.44B	12.98	0.00%	5.36%	-19.78%	7.06%
UNI	69 Neutral	12.85B	10.74	11.47%	4.74%	6.59%	-2.80%
G	65 Neutral	€50.10B	13.09	13.09%	4.41%	-0.59%	9.24%
BMED	63 Neutral	12.54B	10.83	27.81%	5.59%	12.46%	26.82%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%