Valuation Generali

Equities

Market Closed - Borsa Italiana Other stock markets 16:45:00 04/12/2025 GMT			5-day change	1st Jan Change
33.76 ^EUR	0.00%		-0.76%	+23.80%

12-04	DIARY - Italy to December 31	RE
12-03	MPS, Lovaglio convenes board meeting; EUR3.3 billion burned on the stock market	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	22,385	29,338	25,706	29,467	41,489	51,264	-	-
Change	-	31.06%	-12.38%	14.63%	40.8%	23.56%	-	-
Enterprise Value (EV) ¹	22,166	29,338	67,116	66,483	78,884	91,883	91,166	90,677
Change	-	32.36%	128.77%	-0.94%	18.65%	16.48%	-0.78%	-0.54%
P/E ratio	13.1x	10.5x	9.03x	7.86x	11.3x	12.2x	11x	10.1x
PBR	0.75x	1x	1.59x	1.04x	1.37x	1.6x	1.5x	1.4x
PEG	-	0.2x	2.68x	0.2x	-27.46x	0.8x	1x	1.18x
Capitalization / Revenue	0.32x	0.39x	0.32x	0.36x	0.44x	0.52x	0.5x	0.48x
EV / Revenue	0.31x	0.39x	0.82x	0.81x	0.83x	0.93x	0.89x	0.85x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	4.26x	5.01x	10.3x	9.66x	10.8x	11.4x	10.7x	9.99x
EV / FCF	1.21x	1.65x	6.78x	55.2x	5.33x	23.4x	24.8x	22.9x
FCF Yield	82.6%	60.7%	14.7%	1.81%	18.8%	4.27%	4.04%	4.36%
Dividend per Share ²	1.01	1.07	1.16	1.28	1.43	1.573	1.727	1.887
Rate of return	7.08%	5.74%	6.98%	6.7%	5.24%	4.66%	5.11%	5.59%
EPS ²	1.09	1.78	1.84	2.43	2.42	2.771	3.067	3.329
Distribution rate	92.7%	60.1%	63%	52.7%	59.1%	56.8%	56.3%	56.7%
Net sales ¹	70,704	75,825	81,538	82,466	95,190	98,368	102,868	107,266
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	5,208	5,852	6,509	6,879	7,295	8,050	8,501	9,080
Net income ¹	1,744	2,847	2,912	3,747	3,724	4,245	4,633	4,984
Net Debt ¹	-219	-	41,410	37,016	37,395	40,620	39,903	39,414
Reference price ²	14.26	18.63	16.62	19.10	27.27	33.76	33.76	33.76
Nbr of stocks (in thousands)	1,569,743	1,574,760	1,547,172	1,542,345	1,521,425	1,518,471	-	-
Announcement Date	11/03/21	15/03/22	14/03/23	12/03/24	12/03/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
GENERALI	12.23x	0.94x	-	4.64%	59.78B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	7.31x	4.98x	-	4.7%	142B
AXA	8.52x	0.85x	-	6.09%	91.6B
MANULIFE FINANCIAL CORPORATION	15.22x	-	-	3.6%	59.5B
AFLAC INCORPORATED	19.28x	2.84x	-	2.14%	57.25B
METLIFE, INC.	12.99x	-	-	2.89%	51.41B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	6.75x	0.85x	-	3.39%	45.39B
GREAT-WEST LIFECO INC.	14.19x	-	-	3.85%	41.4B
PRUDENTIAL FINANCIAL, INC.	10.46x	1.02x	-	4.93%	38.58B
PRUDENTIAL PLC	13.6x	-	-	1.82%	37.16B
Average	12.05x	1.91x		3.81%	62.45B
Weighted average by Cap.	11.26x	2.49x		4.1%