Ageas SA/ NV ADR AGESY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $82.24
- Day Range
- $83.26–84.03
- 52-Week Range
- $65.45–89.30
- Bid/Ask
- $82.70 / $84.33
- Shares Outstanding
- 209.23M
- Market Cap
- $17.45B
- Volume/Avg
- 6,641 / 4,732
Key Statistics
- Price/Earnings (Normalized)
- 7.33
- Price/Sales
- 1.27
- Dividend Yield (Trailing)
- 5.22%
- Dividend Yield (Forward)
- 5.22%
- Dividend Payment Schedule
- Jun, Dec
- Total Yield
- 5.22%
Company Profile
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it, Fortis started selling noncore divisions while writing down collateralized debt. As Fortis’ capital began to decline, the company initiated a rights issue and suspended the dividend. As Fortis’ share price began to decline and financial market conditions continued to worsen, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance businesses, which later became Ageas.
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Stock Style Box
- Mid Core
- Total Number of Employees
- 54,623
- Website
- https://www.ageas.com
Competitors
Valuation
|
Metric
|
AGESY
|
KBC
|
NN
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.33 | 12.60 | 10.70 |
Price/Book Value | 1.49 | 1.79 | 0.94 |
Price/Sales | 1.27 | 3.43 | 1.45 |
Price/Cash Flow | 8.15 | 9.76 | — |
Price/Earnings
AGESY
KBC
NN
Financial Strength
|
Metric
|
AGESY
|
KBC
|
NN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 7.65 | — | 2.95 |
Quick Ratio
No chart available
Profitability
|
Metric
|
AGESY
|
KBC
|
NN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.03% | 0.96% | 0.91% |
Return on Equity (Normalized) | 23.18% | 15.28% | 8.80% |
Return on Invested Capital (Normalized) | 12.57% | — | 5.37% |
Return on Assets
AGESY
KBC
NN
Insurance - Diversified Industry Comparables
|
1-Day Chart
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United States