(ASRNL) ASR Nederland - Ratings and Ratios

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0011872643

Insurance, Pensions, Mortgages, Investments, Asset Management

Description: ASRNL ASR Nederland

ASR Nederland NV is a major insurance, pensions, and mortgages provider in the Netherlands, offering a wide range of products and services across five business segments: Non-Life, Life, Asset Management, Distribution and Services, and Holding and Other. The companys diverse portfolio includes individual and group disability, property and casualty insurance, health insurance, pension products, and asset management services.

The companys Asset Management segment is notable for its bespoke investment solutions, managing non-listed sector funds that invest in various assets, including retail and residential properties, offices, and renewable energy sources. Additionally, ASR Nederland NV operates in the residential mortgage market under multiple brands, including a.s.r. and Aegon, with specialized products for first-time buyers, customers seeking to finance sustainable home modifications, and senior citizens.

From a financial perspective, ASR Nederland NV has a market capitalization of approximately €11.7 billion, with a price-to-earnings ratio of 12.77 and a forward P/E of 10.01, indicating a relatively attractive valuation. The companys return on equity (RoE) is 16.97%, suggesting a strong ability to generate profits from shareholder equity. Other key performance indicators (KPIs) to consider include the companys solvency ratio, which is likely to be robust given its long history and stable operations, and its combined ratio, which would indicate the companys underwriting profitability.

Further analysis could involve examining the companys growth prospects, including its ability to expand its product offerings, enhance its distribution channels, and capitalize on trends in the Dutch insurance and pensions market. Additionally, investors may want to monitor the companys capital management, including its dividend policy and any share buyback programs, as well as its response to regulatory changes and emerging risks in the industry.

ASRNL Stock Overview

Market Cap in USD 13,889m
Sub-Industry Multi-line Insurance
IPO / Inception

ASRNL Stock Ratings

Growth Rating 96.7%
Fundamental 58.3%
Dividend Rating 79.0%
Return 12m vs S&P 500 15.6%
Analyst Rating -

ASRNL Dividends

Dividend Yield 12m 6.12%
Yield on Cost 5y 14.44%
Annual Growth 5y 31.34%
Payout Consistency 90.8%
Payout Ratio 85.5%

ASRNL Growth Ratios

Growth Correlation 3m 93.4%
Growth Correlation 12m 98.2%
Growth Correlation 5y 94.6%
CAGR 5y 20.49%
CAGR/Max DD 5y 0.96
Sharpe Ratio 12m 0.91
Alpha 31.10
Beta 0.537
Volatility 24.07%
Current Volume 1420.2k
Average Volume 20d 419.1k
Stop Loss 56 (-3%)
Signal -0.87

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income (1.56b TTM) > 0 and > 6% of Revenue (6% = 1.14b TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA -1.61pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
error: NWC/Revenue cannot be calculated (needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA 0.04 (>3.0%) and CFO 5.37b > Net Income 1.56b (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
error: Current Ratio cannot be calculated (needs Total Current Assets and Liabilities)
Outstanding Shares last Quarter (208.9m) change vs 12m ago 26.34% (target <= -2.0% for YES)
Gross Margin -0.70% (prev 96.71%; Δ -97.41pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 18.71% (prev 11.33%; Δ 7.38pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.25 (EBITDA TTM -2.50b / Interest Expense TTM 2.74b) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 58.34

1. Piotroski 2.0pt = -3.0
2. FCF Yield 69.02% = 5.0
3. FCF Margin 27.95% = 6.99
4. Debt/Equity data missing
5. Debt/Ebitda data missing
6. ROIC - WACC -3.36% = -4.19
7. RoE 16.97% = 1.41
8. Rev. Trend 45.32% = 2.27
9. Rev. CAGR 0.0% = 0.0
10. EPS Trend -5.25% = -0.13
11. EPS CAGR 0.0% = 0.0

What is the price of ASRNL shares?

As of September 06, 2025, the stock is trading at EUR 57.74 with a total of 1,420,176 shares traded.
Over the past week, the price has changed by -2.60%, over one month by +0.75%, over three months by +4.72% and over the past year by +37.82%.

Is ASR Nederland a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, ASR Nederland is currently (September 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 58.34 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ASRNL is around 68.37 EUR . This means that ASRNL is currently undervalued and has a potential upside of +18.41% (Margin of Safety).

Is ASRNL a buy, sell or hold?

ASR Nederland has no consensus analysts rating.

What are the forecasts/targets for the ASRNL price?

Issuer Target Up/Down from current
Wallstreet Target Price 60.8 5.3%
Analysts Target Price - -
ValueRay Target Price 75.9 31.4%

ASRNL Fundamental Data Overview

Market Cap USD = 13.89b (11.91b EUR * 1.1661 EUR.USD)
Market Cap EUR = 11.91b (11.91b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 4.19b EUR (Cash only, last quarter)
P/E Trailing = 12.6346
P/E Forward = 10.3093
P/S = 0.7278
P/B = 1.2366
Beta = 0.704
Revenue TTM = 19.05b EUR
EBIT TTM = -673.5m EUR
EBITDA TTM = -2.50b EUR
Long Term Debt = 10.69b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = 6.50b EUR (from netDebt column, last quarter)
Enterprise Value = 7.72b EUR (11.91b + (null Debt) - CCE 4.19b)
Interest Coverage Ratio = -0.25 (Ebit TTM -673.5m / Interest Expense TTM 2.74b)
FCF Yield = 69.02% (FCF TTM 5.33b / Enterprise Value 7.72b)
FCF Margin = 27.95% (FCF TTM 5.33b / Revenue TTM 19.05b)
Net Margin = 8.17% (Net Income TTM 1.56b / Revenue TTM 19.05b)
Gross Margin = -0.70% ((Revenue TTM 19.05b - Cost of Revenue TTM 19.19b) / Revenue TTM)
Tobins Q-Ratio = 1.70 (Enterprise Value 7.72b / Book Value Of Equity 4.53b)
Interest Expense / Debt = unknown (Interest Expense 1.95b / Debt none)
Taxrate = 20.28% (188.0m / 927.0m)
NOPAT = -673.5m (EBIT -673.5m, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt 6.50b / EBITDA -2.50b)
Debt / FCF = none (Debt none / FCF TTM 5.33b)
Total Stockholder Equity = 9.18b (last 4 quarters mean)
RoA = 1.12% (Net Income 1.56b, Total Assets 138.59b )
RoE = 16.97% (Net Income TTM 1.56b / Total Stockholder Equity 9.18b)
RoCE = -3.39% (Ebit -673.5m / (Equity 9.18b + L.T.Debt 10.69b))
RoIC = -3.36% (NOPAT -673.5m / Invested Capital 20.07b)
WACC = unknown (E(11.91b)/V(0.0) * Re(7.99%)) + (D(none)/V(0.0) * Rd(none%) * (1-Tc(0.20)))
Shares Correlation 5-Years: 30.0 | Cagr: 13.75%
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈4.62b ; Y1≈5.69b ; Y5≈9.71b
Fair Price DCF = 802.0 (DCF Value 165.22b / Shares Outstanding 206.0m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: 45.32 | Revenue CAGR: 0.0%
Rev Growth-of-Growth: 131.7
EPS Correlation: -5.25 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -120.5

Additional Sources for ASRNL Stock

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