Projected Income Statement: Generali

Forecast Balance Sheet: Generali

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 843 -219 - 41,410 37,016 41,708 41,382 41,046
Change - -125.98% - - -10.61% 12.68% -0.78% -0.81%
Announcement Date 13/03/20 11/03/21 15/03/22 14/03/23 12/03/24 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Generali

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 10,445 334 - 527 201 204 207
Change - -96.8% - - -61.86% 1.49% 1.47%
Free Cash Flow (FCF) 1 18,302 17,814 9,899 1,205 3,741 3,410 3,890
Change - -2.67% -44.43% -87.83% 210.46% -8.85% 14.08%
Announcement Date 11/03/21 15/03/22 14/03/23 12/03/24 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Generali

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 7.44% 7.37% 7.72% 7.98% 8.34% 7.35% 7.77% 7.89%
EBT Margin (%) 5.14% 4.79% 6.04% 5.81% 6.76% 6.6% 6.89% 7.14%
Net margin (%) 3.83% 2.47% 3.75% 3.57% 4.54% 4% 4.24% 4.41%
FCF margin (%) - 25.89% 23.49% 12.14% 1.46% 3.95% 3.45% 3.79%
FCF / Net Income (%) - 1,049.43% 625.71% 339.94% 32.16% 98.73% 81.53% 85.84%

Profitability

        
ROA 0.52% 0.33% 0.5% 0.53% 0.74% 0.71% 0.78% 0.73%
ROE 10.28% 5.97% 9.6% 12.8% 13.47% 12.74% 13.17% 13.12%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - 4.18x 30.72x 11.15x 12.14x 10.55x

Capital Intensity

        
CAPEX / Current Assets (%) - 14.77% 0.44% - 0.64% 0.21% 0.21% 0.2%
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - 57.07% 1.87% - 43.73% 5.37% 5.98% 5.32%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 0.96 1.01 1.07 1.16 1.28 1.393 1.519 1.633
Change - 5.21% 5.94% 8.41% 10.34% 8.8% 9.1% 7.49%
Book Value Per Share 1 18.09 19.13 18.63 10.47 18.39 19.96 21.48 23.02
Change - 5.78% -2.63% -43.8% 75.61% 8.54% 7.64% 7.15%
EPS 1 1.68 1.09 1.78 1.84 2.43 2.452 2.75 3.013
Change - -35.12% 63.3% 3.37% 32.07% 0.92% 12.15% 9.55%
Nbr of stocks (in thousands) 1,569,463 1,569,743 1,574,760 1,547,172 1,542,345 1,529,145 1,529,145 1,529,145
Announcement Date 13/03/20 11/03/21 15/03/22 14/03/23 12/03/24 - - -
1EUR
Estimates
2024 *2025 *
P/E ratio 12.9x 11.5x
PBR 1.58x 1.47x
EV / Sales 0.95x 0.91x
Yield 4.41% 4.81%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
18
Last Close Price
31.58EUR
Average target price
28.65EUR
Spread / Average Target
-9.29%
Consensus

Quarterly revenue - Rate of surprise