Allianz's first quarter marginally beat expectations, characterized by better results in property and casualty and the holding; the better holding numbers have continued in the second quarter, this time more convincingly exceeding expectations and driven by asset management and life and health.
Despite the lack of economic profits, Allianz has one of the best-performing property and casualty insurance businesses in our European insurance coverage.
In what appears to be a solidly performing property and casualty division, Allianz hasn’t been able to convincingly earn above its cost of equity.
|
Metric
|
ALV
|
ZURN
|
CS
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.02 | 12.99 | 15.57 |
Price/Book Value | 2.67 | 3.47 | 1.96 |
Price/Sales | 1.09 | 1.03 | 0.78 |
Price/Cash Flow | 16.60 | — | — |
|
Metric
|
ALV
|
ZURN
|
CS
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | 22.36 | 14.65 |
|
Metric
|
ALV
|
ZURN
|
CS
|
|---|---|---|---|
Return on Assets (Normalized) | 1.18% | 1.88% | 1.31% |
Return on Equity (Normalized) | 19.64% | 27.18% | 18.43% |
Return on Invested Capital (Normalized) | 14.03% | 17.19% | 7.55% |
|
1-Day Chart
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Price
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Morningstar Rating for Stocks
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Economic Moat
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Market Cap
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United States