UNI Stock Analysis: Unipol Gruppo S.p.A. | MI
Insurance - Property & Casualty | MI, Italy | Market Cap: 20.340m EUR | 12M Return: 60.8% | IT0004810054 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 37.5M
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Unipol Assicurazioni S.p.A. (formerly Unipol Gruppo S.p.A., renamed in January 2025) is a large-cap Italian insurer listed on the Milan Stock Exchange under the ticker UNI, operating across four segments: Non-Life Insurance, Life Insurance, Banking Associates, and Other Business. As a multi-line insurer, it combines property & casualty cover (vehicles, homes, businesses, accidents, health) with life insurance, reinsurance, and bancassurance partnerships - a distribution model in which banks sell insurance products on behalf of insurers and which is widespread across the European market.
Beyond core underwriting, the group runs a diversified portfolio of ancillary activities, including real estate management and hotel/resort operations (via leases, franchises, and management), agricultural, healthcare, and port facilities, plus a range of consumer services such as anti-theft systems, vehicle and glass repair, mobile payments, telematics, and a digital health platform offering telemedicine, home care, and physiotherapy. These adjacencies support its integrated ecosystem model, common among Italian composite insurers that aim to bundle insurance with complementary household, mobility, and welfare services.
Products are distributed through multiple channels - direct sales, brokers, agency networks, banking partners, and franchise administrators - allowing the company to reach both retail and small-business customers. Founded in 1961 and headquartered in Bologna, Italy, Unipol Assicurazioni serves primarily the domestic Italian market.
- Motor insurance combined ratio improves on pricing discipline
- Italian storm and flood claims pressure non-life margins
- Life segment profitability expands on higher ECB interest rates
| Net Income: 1.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 2.47 > 1.0 |
| NWC/Revenue: 376.2% < 20% (prev 352.8%; Δ 23.33% < -1%) |
| CFO/TA 0.05 > 3% & CFO 4.59b > Net Income 1.48b |
| Net Debt (-1.14b) to EBITDA (663.7m): -1.72 < 3 |
| Current Ratio: 126.2 > 1.5 & < 3 |
| Outstanding Shares: last quarter (717.2m) vs 12m ago -0.02% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 15.40% > 50% (prev 15.52%; Δ -0.12% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.55 (Total Current Assets 52.0b - Total Current Liabilities 412.0m) / Total Assets 93.2b |
| B: 0.01 (Retained Earnings 883.0m / Total Assets 93.2b) |
| C: 0.01 (EBIT TTM 608.7m / Avg Total Assets 89.0b) |
| D: 0.14 (Book Value of Equity 11.5b / Total Liabilities 81.4b) |
| Altman-Z'' = 3.86 = AA |
As of August 25, 2026, the stock is trading at EUR 28.12 with a total of 684,772 shares traded. Over the past week, the price has changed by -3.80%, over one month by +4.15%, over three months by +28.64% and over the past year by +60.79%.
Current recommended Stop Loss: 26.30 (which is 6.5% or 2.5 ATR below the current price).
Unipol Gruppo S.p.A. has no consensus analysts rating.
P/E Trailing = 11.8661
P/E Forward = 5.5617
P/S = 1.7668
P/B = 1.8144
P/EG = 0.0755
Revenue TTM = 13.7b EUR
EBIT TTM = 608.7m EUR
EBITDA TTM = 663.7m EUR
Long Term Debt = 4.82b EUR (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 128.0m EUR (Leases only: 128.0m)
Net Debt = -1.14b EUR (calculated: Debt 128.0m - CCE 1.27b)
Enterprise Value = 19.2b EUR (20.3b + Debt 128.0m - CCE 1.27b)
Interest Coverage Ratio = unknown (Ebit TTM 608.7m / Interest Expense TTM 0.0)
EV/FCF = 4.74x (Enterprise Value 19.2b / FCF TTM 4.05b)
FCF Yield = 21.11% (FCF TTM 4.05b / Enterprise Value 19.2b)
FCF Margin = 29.56% (FCF TTM 4.05b / Revenue TTM 13.7b)
Net Margin = 10.81% (Net Income TTM 1.48b / Revenue TTM 13.7b)
Gross Margin = unknown ((Revenue TTM 13.7b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.21 (Enterprise Value 19.2b / Total Assets 93.2b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 128.0m)
Taxrate = 18.30% (73.0m / 399.0m)
NOPAT = 497.3m (EBIT 608.7m * (1 - 18.30%))
Current Ratio = 126.2 (out of range, set to none) (Total Current Assets 52.0b / Total Current Liabilities 412.0m)
Debt / Equity = 0.01 (Debt 128.0m / totalStockholderEquity, last quarter 11.5b)
Debt / EBITDA = -1.72 (Net Debt -1.14b / EBITDA 663.7m)
Debt / FCF = -0.28 (Net Debt -1.14b / FCF TTM 4.05b)
Total Stockholder Equity = 10.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.66% (Net Income 1.48b / Total Assets 93.2b)
RoE = 14.59% (Net Income TTM 1.48b / Total Stockholder Equity 10.2b)
RoCE = 4.06% (EBIT 608.7m / Capital Employed (Equity 10.2b + L.T.Debt 4.82b))
RoIC = 0.67% (EBIT 608.7m / (Assets 93.2b - Curr.Liab 412.0m - Cash 1.27b))
WACC = 7.18% (E(20.3b)/V(20.5b) * Re(7.23%) + D(128.0m)/V(20.5b) * Rd(0.0%) * (1-Tc(0.18)))
Discount Rate = 7.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -17.32 | Cagr: -0.03%
[DCF] Terminal Value 77.97% ; FCFF base≈3.07b ; Y1≈3.52b ; Y5≈5.18b
[DCF] Fair Price = 110.2 (EV 77.9b - Net Debt -1.14b = Equity 79.1b / Shares 717.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 98.18 | Revenue CAGR: 6.18% | SUE: -0.62 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.44 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=2.18 | Chg30d=+9.37% | Revisions=+0% | GrowthEPS=+7.2% | GrowthRev=+4.5%
EPS next Year (2027-12-31): EPS=2.27 | Chg30d=+2.12% | Revisions=-25% | GrowthEPS=+4.2% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +0% (up=1, down=1)