Aviva: Solid General Insurance Personal Lines Growth Helped by Strong Actions on Price
In Aviva’s first-quarter 2024 trading update, the business continues to demonstrate solid progress.
Aviva PLC ADR AVVIY
Bulls Say, Bears Say
Bulls
Aviva has rationalised its business portfolio to focus on three geographic regions.
Bears
Aviva is still more leveraged than most European multiline firms. Historical leverage means remaining debt is expensive.
Trading Information
- Previous Close Price
- $12.28
- Day Range
- $12.08–12.24
- 52-Week Range
- $9.25–12.75
- Bid/Ask
- $11.95 / $12.22
- Market Cap
- $16.37 Bil
- Volume/Avg
- 14,327 / 31,969
Key Statistics
- Price/Earnings (Normalized)
- 9.10
- Price/Sales
- 0.41
- Dividend Yield (Trailing)
- 6.87%
- Dividend Yield (Forward)
- 6.87%
- Total Yield
- 9.69%
Company Profile
Aviva is a multiline insurer that is listed on the London Stock Exchange. The company traces its roots back to the 17th century with the establishment of Hand-in-Hand. After the Great Fire of London, this mutual was formed to provide protection against fires. Hand-in-Hand was then acquired by Commercial Union in 1905. Over the years, Hand-in-Hand insured London landmarks such as London Bridge, the British Museum, and the Palace in Lambeth. The life insurance part of Aviva began in the early part of the 18th century with the establishment of Amicable, again a mutual society but this time to protect widows and children against the loss of life.
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 23,247
- Website
- https://www.aviva.com
Competitors
Valuation
|
Metric
|
AVVIY
|
AXAHY
|
ZURN
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.10 | 9.29 | 14.28 |
Price/Book Value | 1.44 | 1.36 | 3.26 |
Price/Sales | 0.41 | 0.80 | 1.10 |
Price/Cash Flow | — | 90.59 | — |
Price/Earnings
AVVIY
AXAHY
ZURN
Financial Strength
|
Metric
|
AVVIY
|
AXAHY
|
ZURN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 4.59 | 15.59 | 15.16 |
Quick Ratio
No chart available
Profitability
|
Metric
|
AVVIY
|
AXAHY
|
ZURN
|
|---|---|---|---|
Return on Assets (Normalized) | 0.46% | 1.19% | 1.37% |
Return on Equity (Normalized) | 15.72% | 16.11% | 19.33% |
Return on Invested Capital (Normalized) | 10.33% | 6.80% | 11.85% |
Return on Assets
AVVIY
AXAHY
ZURN
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