Company Valuation: QBE Insurance Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 16,758 19,940 22,125 28,904 29,926 33,826 - -
Change - 18.98% 10.96% 30.64% 3.54% 13.03% - -
Enterprise Value (EV) 1 20,162 22,716 24,325 30,509 32,521 37,758 38,310 37,780
Change - 12.67% 7.09% 25.42% 6.59% 16.11% 1.46% -1.38%
P/E ratio 17.3x 19.2x 11.1x 10.7x 9.91x 12.3x 11.7x 11.2x
PBR 1.36x 1.52x 1.45x 1.72x 1.8x 1.92x 1.74x 1.65x
PEG - 2.85x 0.1x 0.3x 0.8x -1.53x 2.32x 2.69x
Capitalization / Revenue 0.88x 0.96x 0.87x 1.04x 1.15x 1.19x 1.13x 1.09x
EV / Revenue 1.05x 1.09x 0.95x 1.1x 1.25x 1.33x 1.27x 1.21x
EV / EBITDA 11x 9.45x 9.02x 8.63x 8.64x 10.1x 9.46x 9.86x
EV / EBIT 11.9x 10.2x 9.78x 9.16x 9.12x 10.8x 10.5x 10.2x
EV / FCF - - 11.9x 8.05x 5.46x 13.5x 12.3x 11.7x
FCF Yield - - 8.43% 12.4% 18.3% 7.42% 8.13% 8.58%
Dividend per Share 2 0.3 0.3 0.62 0.87 1.09 0.986 1.024 1.116
Rate of return 2.64% 2.23% 4.19% 4.53% 5.48% 4.36% 4.52% 4.93%
EPS 2 0.6559 0.7002 1.337 1.786 2.007 1.845 1.939 2.019
Distribution rate 45.7% 42.8% 46.4% 48.7% 54.3% 53.4% 52.8% 55.3%
Net sales 1 19,147 20,811 25,508 27,855 26,093 28,472 30,048 31,109
EBITDA 1 1,838 2,403 2,695 3,537 3,764 3,734 4,050 3,831
EBIT 1 1,688 2,227 2,488 3,332 3,567 3,495 3,636 3,698
Net income 1 1,042 1,119 2,082 2,783 3,057 2,811 2,944 3,057
Net Debt 1 3,403 2,776 2,201 1,605 2,595 3,933 4,484 3,954
Reference price 2 11.35 13.43 14.81 19.20 19.89 22.64 22.64 22.64
Nbr of stocks (in thousands) 1,476,513 1,484,707 1,493,915 1,505,407 1,504,559 1,494,070 - -
Announcement Date 17/02/22 16/02/23 15/02/24 20/02/25 19/02/26 - - -
1AUD in Million2AUD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.27x1.33x10.11x4.36% 24.26B
19.2x1.65x - 3% 85.07B
10.67x - - 1.57% 63.96B
8.39x - - 2.01% 55.56B
10.34x - - 2.47% 42.02B
9.85x - - 0.85% 41.92B
9.53x0.96x - 3.91% 37.5B
9.9x2.22x - -.--% 34.6B
16.32x1.97x - 2.23% 33.9B
9.7x0.89x - 2.55% 33.06B
Average 11.62x 1.50x 10.11x 2.3% 45.18B
Weighted average by Cap. 12.17x 1.53x 10.11x 2.26%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. QBE Stock
  4. Valuation QBE Insurance Group Limited