Linea Directa Aseguradora SA (ES:LDA)
BME:LDA
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Linea Directa Aseguradora SA
(BME:LDA)
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Rating:79Outperform
Price Target:
€1.50
▲(25.00% Upside)
Action:UpgradedDate:02/26/26
The score is primarily supported by strong financial fundamentals—especially conservative leverage and solid cash generation—partly tempered by revenue volatility and a profitability profile still below prior peak levels. Technically, the trend is positive but momentum is near overbought, while valuation is reasonable with a moderate P/E and a ~3% dividend yield.
Positive Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it cushions underwriting volatility, supports regulatory capital requirements, and enables long-term choices like reinsurance, reserve strengthening, or shareholder returns without acute refinancing risk. This strengthens resilience over cycles.
Negative Factors
Top-line volatility
Significant revenue swings reduce predictability of underwriting results and investment income. For an insurer, volatile premiums complicate reserve planning and pricing cadence, increasing the risk that margin pressure or competitive pricing will recur over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it cushions underwriting volatility, supports regulatory capital requirements, and enables long-term choices like reinsurance, reserve strengthening, or shareholder returns without acute refinancing risk. This strengthens resilience over cycles.
Read all positive factors
Linea Directa Aseguradora SA (LDA) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€1.30B
Dividend Yield3.49%
Average Volume (3M)261.20K
Price to Earnings (P/E)14.2
Beta (1Y)0.57
Revenue Growth5.26%
EPS Growth128.61%
CountryES
Employees2,430
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,088,416,900
10 Day Avg. Volume233,348
30 Day Avg. Volume261,203
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)3.01
Price to Sales (P/S)1.09
P/FCF Ratio6.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€1.35Price Target Upside12.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.09
Revenue Forecast (FY)€1.22B
Linea Directa Aseguradora SA Business Overview & Revenue Model
Company Description
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal. It offers motor, home, health, and other insurance products, as well as other non-life insurance products under ...
How the Company Makes Money
Linea Directa Aseguradora SA generates revenue primarily through the sale of insurance premiums across its various product lines. The company collects premiums from policyholders, which are then pooled to cover claims, administrative costs, and to...
Linea Directa Aseguradora SA Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
90
Very Positive
Cash Flow
84
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.12B | 998.73M | 966.76M | 942.48M | 923.02M |
| Gross Profit | 1.12B | 998.73M | 966.76M | 942.48M | 882.70M |
| EBITDA | 114.14M | 83.31M | -6.55M | 83.57M | 145.93M |
| Net Income | 85.71M | 64.22M | -4.39M | 63.13M | 110.14M |
Balance Sheet | |||||
| Total Assets | 1.37B | 1.24B | 1.13B | 1.20B | 1.37B |
| Cash, Cash Equivalents and Short-Term Investments | 16.99M | 999.95M | 919.09M | 795.84M | 980.77M |
| Total Debt | 4.19M | 2.83M | 2.82M | 3.77M | 4.53M |
| Total Liabilities | 970.25M | 877.82M | 812.29M | 904.91M | 990.20M |
| Stockholders Equity | 404.45M | 358.32M | 313.04M | 300.33M | 378.27M |
Cash Flow | |||||
| Free Cash Flow | 178.83M | 59.75M | 40.80M | 64.07M | 107.97M |
| Operating Cash Flow | 182.57M | 82.40M | 62.49M | 70.88M | 117.64M |
| Investing Cash Flow | -132.41M | -77.62M | -69.33M | 52.85M | 66.05M |
| Financing Cash Flow | -50.19M | -30.13M | -3.29M | -191.63M | -201.28M |
Linea Directa Aseguradora SA Technical Analysis
Positive
1.20
Price Trends
1.18
Positive
1.15
Positive
1.22
Negative
Market Momentum
>-0.01
Negative
53.43
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:LDA, the sentiment is Positive. The current price of 1.2 is above the 20-day moving average (MA) of 1.18, above the 50-day MA of 1.18, and below the 200-day MA of 1.22, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.43 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:LDA.
Linea Directa Aseguradora SA Peers Comparison
Linea Directa Aseguradora SA Corporate Events
Línea Directa Aseguradora Presents Q4 2025 Results to Market
Feb 24, 2026
Línea Directa Aseguradora has released a presentation for investors and analysts detailing its fourth quarter and full-year 2025 results, prepared under IFRS 17 and IFRS 9. The materials, which underpin a webcast held today in Madrid, aim to ...
Línea Directa boosts profit 33.5% on record customer growth in 2025
Feb 24, 2026
Línea Directa Aseguradora reported strong 2025 results, highlighting record portfolio growth as policyholders increased by 290,400 to 3.73 million customers, surpassing its public target. Earned premiums rose 11.3% year on year to €1.13...
Línea Directa Aseguradora Details Concentrated Shareholder Base in Governance Filing
Feb 24, 2026
Línea Directa Aseguradora has published its annual corporate governance report, confirming a share capital of €43.54 million divided into 1.09 billion shares, each carrying one voting right, and stating that its bylaws do not provide fo...
Línea Directa Aseguradora Overhauls Director Pay Policy After Strong Shareholder Backing
Feb 24, 2026
Línea Directa Aseguradora has secured shareholder approval, with 99.4% of votes in favour, for a new directors’ remuneration policy covering 2025 through 2028, setting the framework for both non‑executive and executive pay. The po...
Línea Directa Aseguradora Calls 2026 AGM to Approve 2025 Results and Dividends
Feb 24, 2026
Línea Directa Aseguradora has convened its Annual General Shareholders’ Meeting for 9 April 2026 in Tres Cantos, Madrid, with a second-call date of 10 April 2026 and the option for shareholders to attend and participate by telematic mea...
Línea Directa Aseguradora Confirms Fair View in 2025 Half‑Year Report
Feb 24, 2026
Línea Directa Aseguradora has filed its second half‑yearly financial report for 2025, stating that its summarized annual accounts are prepared under applicable accounting principles and give a true and fair view of its assets, financial...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.