Financials Insurance Australia Group Limited OTC Markets

Equities

IAUGY

US4578742045

Property & Casualty Insurance

Market Closed - OTC Markets 20:21:10 28/06/2024 BST 5-day change 1st Jan Change
23.51 USD +9.96% Intraday chart for Insurance Australia Group Limited +5.03% +27.36%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,970 13,251 12,645 10,685 13,829 16,823 - -
Enterprise Value (EV) 1 20,512 15,027 14,891 12,919 15,991 6,173 5,256 4,590
P/E ratio 18.5 x 31.2 x -29 x 32.7 x 17.7 x 19.3 x 17.5 x 16.9 x
Yield 3.87% 1.73% 3.88% 2.52% 2.63% 3.69% 4.2% 4.44%
Capitalization / Revenue 2.62 x 1.83 x 1.7 x 1.35 x 1.66 x 1.81 x 1.68 x 1.62 x
EV / Revenue 2.83 x 2.08 x 2.01 x 1.63 x 1.92 x 0.66 x 0.52 x 0.44 x
EV / EBITDA 14.7 x 16 x 11.7 x 16.5 x 16.2 x 3.86 x 3.06 x 2.62 x
EV / FCF - - - - - 3.79 x 3.05 x 2.61 x
FCF Yield - - - - - 26.4% 32.8% 38.3%
Price to Book 2.98 x 2.19 x 2.04 x 1.74 x 2.09 x 2.57 x 2.46 x 2.35 x
Nbr of stocks (in thousands) 2,296,617 2,296,617 2,450,671 2,450,671 2,426,116 2,356,164 - -
Reference price 2 8.260 5.770 5.160 4.360 5.700 7.140 7.140 7.140
Announcement Date 07/08/19 06/08/20 10/08/21 11/08/22 20/08/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,238 7,238 7,420 7,909 8,326 9,315 10,016 10,411
EBITDA 1 1,394 938 1,274 782 988 1,598 1,720 1,750
EBIT 1 1,224 741 1,007 586 803 1,369 1,497 1,595
Operating Margin 16.91% 10.24% 13.57% 7.41% 9.64% 14.7% 14.95% 15.32%
Earnings before Tax (EBT) 1 1,332 535 -389 564 1,354 1,450 1,580 1,640
Net income 1 1,076 435 -427 347 832 941 1,028 1,060
Net margin 14.87% 6.01% -5.75% 4.39% 9.99% 10.1% 10.27% 10.19%
EPS 2 0.4458 0.1849 -0.1782 0.1333 0.3220 0.3708 0.4073 0.4230
Free Cash Flow 1 - - - - - 1,628 1,725 1,757
FCF margin - - - - - 17.48% 17.22% 16.88%
FCF Conversion (EBITDA) - - - - - 101.91% 100.27% 100.41%
FCF Conversion (Net income) - - - - - 173.02% 167.72% 165.71%
Dividend per Share 2 0.3200 0.1000 0.2000 0.1100 0.1500 0.2635 0.2998 0.3170
Announcement Date 07/08/19 06/08/20 10/08/21 11/08/22 20/08/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1 2026 S2
Net sales 1 3,627 3,611 3,693 3,727 3,963 3,946 4,113 4,213 4,496 4,798 - - - -
EBITDA - - - - - - - - - - - - - -
EBIT 1 501 240 667 340 282 304 350 453 614 777.3 - - - -
Operating Margin 13.81% 6.65% 18.06% 9.12% 7.12% 7.7% 8.51% 10.75% 13.66% 16.2% - - - -
Earnings before Tax (EBT) 1 357 178 - - 283 281 687 667 654 775.5 742.8 750.8 785.5 806.4
Net income 1 283 152 -460 33 173 174 468 364 407 517.7 - - - -
Net margin 7.8% 4.21% -12.46% 0.89% 4.37% 4.41% 11.38% 8.64% 9.05% 10.79% - - - -
EPS 2 - - - 0.0191 0.0664 0.0669 0.1762 0.1458 0.1621 0.2170 - - - -
Dividend per Share 2 0.1000 - 0.0700 0.1300 0.0600 0.0500 0.0600 0.0900 0.1000 0.1620 - - - -
Announcement Date 11/02/20 06/08/20 09/02/21 10/08/21 10/02/22 11/08/22 12/02/23 20/08/23 15/02/24 - - - - -
1AUD in Million2AUD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,542 1,776 2,246 2,234 2,162 - - -
Net Cash position 1 - - - - - 10,650 11,567 12,233
Leverage (Debt/EBITDA) 1.106 x 1.893 x 1.763 x 2.857 x 2.188 x - - -
Free Cash Flow 1 - - - - - 1,628 1,725 1,757
ROE (net income / shareholders' equity) 14.2% 4.47% 12.1% 3.4% 7% 13.8% 14.9% 14.7%
ROA (Net income/ Total Assets) 3.15% 0.95% 2.37% 0.63% 1.31% 3.35% 3.7% 3.74%
Assets 1 34,124 45,979 -18,047 55,010 63,605 28,082 27,802 28,388
Book Value Per Share 2 2.770 2.630 2.530 2.500 2.720 2.780 2.910 3.040
Cash Flow per Share 2 - - 0.6700 0.3300 0.1600 0.5800 0.6200 0.6300
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 07/08/19 06/08/20 10/08/21 11/08/22 20/08/23 - - -
1AUD in Million2AUD
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
7.14 AUD
Average target price
6.657 AUD
Spread / Average Target
-6.77%
Consensus
  1. Stock Market
  2. Equities
  3. IAG Stock
  4. IAUGY Stock
  5. Financials Insurance Australia Group Limited