Company Valuation: ageas SA/NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,475 7,655 7,220 8,541 11,406 15,640 - -
Change - -9.68% -5.69% 18.3% 33.54% 37.12% - -
Enterprise Value (EV) 12,902 12,831 7,220 8,541 11,406 15,640 15,640 15,640
Change - -0.55% -43.73% 18.3% 33.54% 37.12% 0% 0%
P/E 10.1x 7.56x 7.59x 7.68x 6.67x 9.44x 9.24x 8.73x
PBR 0.71x 1x - 1.1x 1.21x 1.34x 1.32x 1.19x
PEG - 0.4x -1.38x 0.4x 0.1x -0.8x 4.32x 1.47x
Capitalization / Revenue 0.94x 0.86x - 0.46x 0.58x 1.1x 1.07x 1.03x
EV / Revenue 0x 0x - 0x 0x 1.1x 1.07x 1.03x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x - 0x 0x 6.84x 7.5x 6.48x
EV / FCF -0x -0x - 0x 0x 11x 12.8x 11.8x
FCF Yield -13.2% -8.94% - 9.39% 23.8% 9.06% 7.83% 8.51%
Dividend per Share 2 2.75 3 3.25 3.5 3.75 4.034 4.37 4.658
Rate of return 6.04% 7.24% 8.27% 7.46% 6.27% 5.4% 5.85% 6.23%
EPS 2 4.52 5.48 5.179 6.109 8.963 7.917 8.086 8.566
Distribution rate 60.8% 54.7% 62.8% 57.3% 41.8% 51% 54% 54.4%
Net sales 1 8,978 8,930 - 18,488 19,622 14,161 14,622 15,222
EBITDA - - - - - - - -
EBIT 1 1,370 1,499 - 1,861 2,460 2,287 2,085 2,412
Net income 1 845 1,010 953 1,118 1,712 1,475 1,665 1,697
Net Debt 4,426 5,176 - - - - - -
Reference price 2 45.55 41.42 39.31 46.90 59.80 74.75 74.75 74.75
Nbr of stocks (in thousands) 186,070 184,820 183,656 182,106 190,728 209,228 - -
Announcement Date 23/2/22 22/2/23 28/2/24 28/2/25 25/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.44x - - 5.4% 18.15B
14.68x - - 4.05% 197B
12.66x2.99x10.77x1.18% 131B
15.36x - - 5.54% 110B
22.39x3.83x13.45x1.94% 91.93B
9.82x1.46x - 1.76% 37.53B
-320.92x1.21x - 3.82% 26.34B
12.18x - - 2.96% 23.85B
12.83x - - 4.19% 23.7B
10.43x - - 6.63% 16.99B
Average -20.11x 2.37x 12.11x 3.75% 67.65B
Weighted average by Cap. 1.71x 2.89x 11.87x 3.38%

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. Stocks
  3. AGS Stock
  4. Valuation ageas SA/NV