Assicurazioni Generali S.p.A. (G) AI Stock Analysis

• Market Cap: €55.15B
• Dividend Yield: 4%
• Average Volume (3M): 2.26M
• Price to Earnings (P/E): 14.3
• Beta (1Y): 0.94
• Revenue Growth: -0.59%
• EPS Growth: 9.24%
• Country: IT
• Employees: 86,851
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 0.72
• Shares Outstanding: 1,549,784,900
• 10 Day Avg. Volume: 2,229,690
• 30 Day Avg. Volume: 2,255,554
• PEG Ratio: -27.38
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 0.76
• P/FCF Ratio: 2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €35.96
• Price Target Upside: -0.17% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: €35.00 ▼(-2.83% Downside)

The overall stock score of 63 reflects a balanced view of Assicurazioni Generali S.p.A.'s current position. The most significant factor is the financial performance, which highlights strong revenue generation but also points to challenges with debt and liquidity. Technical analysis suggests a lack of strong momentum, while the valuation indicates the stock is fairly valued with an attractive dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Business Model Strength

Generali's diversified business model across multiple insurance sectors provides resilience against market fluctuations, ensuring stable revenue streams.

Asset Management Division

The asset management division enhances profitability by generating investment returns, contributing to overall financial stability and growth potential.

Strategic Partnerships

Partnerships with financial institutions expand Generali's market reach, enhancing distribution capabilities and supporting long-term revenue growth.

Negative Factors

High Leverage

High leverage poses risks to financial stability, potentially limiting flexibility and increasing vulnerability to economic downturns.

Liquidity Concerns

Liquidity issues could hinder operational capabilities and investment opportunities, affecting long-term growth and financial health.

Revenue Decline

A decline in revenue growth may indicate challenges in market demand or competitive pressures, impacting future profitability.

Assicurazioni Generali S.p.A. Business Overview & Revenue Model

Company Description

Assicurazioni Generali S.p.A. (G) is a leading global insurance and financial services company headquartered in Trieste, Italy. Founded in 1831, it operates in over 50 countries and offers a wide range of products including life insurance, property and casualty insurance, health insurance, and asset management services. The company's diverse portfolio serves both individual and corporate clients, providing tailored solutions to meet various risk management and investment needs.

How the Company Makes Money

Assicurazioni Generali generates revenue primarily through premium income from its insurance products, including life and non-life insurance policies. The company charges premiums for coverage against risks and manages the investment of these premiums to generate additional income. Key revenue streams include underwriting profits from the sale of insurance policies, investment income from its substantial portfolio of financial assets, and fees from asset management services. Significant partnerships with brokers, financial institutions, and other distribution channels further enhance its reach and customer base, contributing to the overall profitability of the company.

Assicurazioni Generali S.p.A. Financial Statement Overview

Summary

Assicurazioni Generali S.p.A. demonstrates strong revenue generation typical of the insurance industry but faces challenges with profitability and leverage. While the income statement shows stable net income, high debt levels on the balance sheet present risks. The cash flow statement highlights potential liquidity issues, necessitating careful financial management moving forward.

Income Statement

The company has shown fluctuating revenue trends with a recent decline in 2024 compared to 2023. The gross profit margin is consistently high due to the business model, but the net profit margin and EBIT margin indicate moderate profitability. Net income has remained relatively stable, showing resilience in challenging market conditions.

Balance Sheet

The balance sheet reveals a high level of total debt, which has increased significantly in 2024. The debt-to-equity ratio is concerning, indicating high leverage. However, the equity ratio is stable, suggesting a reasonable level of equity backing the assets. The return on equity has been moderate, showing consistent shareholder returns.

Cash Flow

The cash flow statement indicates challenges in maintaining free cash flow, with figures dropping to zero in 2024. The operating cash flow has varied year-over-year, impacting the cash flow to net income ratios. Despite previous strong cash flow performance, recent figures highlight potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.68B	55.30B	72.85B	48.03B	95.67B	78.93B
Gross Profit	41.04B	55.30B	48.48B	25.91B	95.67B	81.03B
EBITDA	11.24B	6.97B	6.10B	4.82B	5.59B	4.15B
Net Income	1.72B	3.72B	3.75B	2.23B	2.85B	1.74B
Balance Sheet
Total Assets	542.04B	538.65B	507.23B	503.24B	586.23B	544.71B
Cash, Cash Equivalents and Short-Term Investments	244.66B	8.31B	230.43B	287.67B	357.05B	344.90B
Total Debt	38.65B	37.54B	36.28B	36.93B	16.57B	13.42B
Total Liabilities	509.77B	505.55B	475.94B	474.26B	554.35B	512.92B
Stockholders Equity	29.72B	30.39B	28.97B	26.65B	29.31B	30.03B
Cash Flow
Free Cash Flow	13.44B	15.01B	1.55B	9.42B	29.39B	19.01B
Operating Cash Flow	13.77B	15.38B	1.73B	10.34B	17.48B	19.34B
Investing Cash Flow	-17.58B	-13.82B	2.27B	-9.02B	-16.30B	-15.98B
Financing Cash Flow	-473.00M	-342.00M	-3.80B	-2.42B	-677.00M	-2.27B

Assicurazioni Generali S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:G, the sentiment is Positive. The current price of 36.02 is above the 20-day moving average (MA) of 34.45, above the 50-day MA of 33.61, and above the 200-day MA of 32.33, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 68.31 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:G.

Assicurazioni Generali S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BGN	78 Outperform	€6.56B	16.13	31.25%	4.78%	4.46%	-0.62%
UNI	72 Outperform	€14.59B	12.54	13.26%	4.14%	6.59%	-2.80%
FBK	71 Outperform	€13.54B	20.83	32.83%	3.34%	2.97%	4.64%
BMED	71 Outperform	€14.24B	12.19	26.99%	6.37%	-5.10%	26.87%
MB	70 Outperform	€13.73B	10.61	11.91%	6.60%	-0.72%	6.52%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
G	63 Neutral	€55.15B	14.33	13.09%	4.00%	-0.59%	9.24%