(ALV) Allianz SE VNA O.N. - Ratings and Ratios
Property-Casualty, Life-Health, Asset-Management, Banking, Digital-Invest
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.20% |
| Yield on Cost 5y | 9.91% |
| Yield CAGR 5y | 9.50% |
| Payout Consistency | 94.5% |
| Payout Ratio | 75.9% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 16.1% |
| Value at Risk 5%th | 26.8% |
| Relative Tail Risk | 1.21% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.30 |
| Alpha | 27.28 |
| CAGR/Max DD | 2.44 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.647 |
| Beta | 0.036 |
| Beta Downside | 0.159 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.03% |
| Mean DD | 2.66% |
| Median DD | 2.21% |
Description: ALV Allianz SE VNA O.N. September 25, 2025
Allianz SE (XETRA: ALV) is a globally diversified insurer and asset manager headquartered in Munich, Germany, operating through four main divisions: Property-Casualty, Life/Health, Asset Management, and Corporate & Other services.
The Property-Casualty segment underwrites motor liability, accident, fire-and-property, legal expense, credit, and travel cover for both private and corporate clients. In 2023 the segment reported a combined ratio of 94.5%, indicating underwriting profitability before investment income (source: Allianz 2023 Annual Report).
The Life/Health segment offers individual and group products such as annuities, term and endowment policies, unit-linked contracts, private health, supplemental health, and long-term care insurance. Its 2023 net profit contribution rose 4% year-on-year, driven by higher demand for retirement-linked solutions amid an aging European population.
Allianz’s Asset Management arm serves institutional and retail investors with equity, fixed-income, multi-asset, real-estate, infrastructure, and liquid-alternative funds. As of year-end 2023, assets under management (AUM) reached €1.1 trillion, a 6% increase, reflecting strong inflows into ESG-focused and real-asset strategies.
The Corporate & Other segment provides retail banking and digital investment services, complementing the group’s cross-selling opportunities and enhancing fee-based revenue streams.
Key macro drivers for Allianz include European interest-rate trends (higher rates boost investment yields but can pressure insurance liabilities), Solvency II capital requirements (which affect underwriting capacity), and the gradual recovery of motor insurance premiums as new-car sales rebound after the pandemic-induced slump.
For a data-rich, model-ready deep-dive into Allianz’s valuation sensitivities and scenario analyses, consider exploring the detailed dashboards on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (10.58b TTM) > 0 and > 6% of Revenue (6% = 8.14b TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA 1.18pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 46.16% (prev -24.13%; Δ 70.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.04 (>3.0%) and CFO 36.77b > Net Income 10.58b (YES >=105%, WARN >=100%) |
| Net Debt (-1.34b) to EBITDA (11.79b) ratio: -0.11 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.47 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (380.2m) change vs 12m ago -1.85% (target <= -2.0% for YES) |
| Gross Margin 87.47% (prev 93.37%; Δ -5.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 13.31% (prev 12.63%; Δ 0.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 19.95 (EBITDA TTM 11.79b / Interest Expense TTM 580.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.63
| (A) 0.06 = (Total Current Assets 105.38b - Total Current Liabilities 42.74b) / Total Assets 1012.77b |
| (B) 0.03 = Retained Earnings (Balance) 33.60b / Total Assets 1012.77b |
| (C) 0.01 = EBIT TTM 11.57b / Avg Total Assets 1019.63b |
| (D) 0.04 = Book Value of Equity 33.60b / Total Liabilities 949.07b |
| Total Rating: 0.63 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 78.30
| 1. Piotroski 6.50pt |
| 2. FCF Yield 25.18% |
| 3. FCF Margin 25.66% |
| 4. Debt/Equity 0.50 |
| 5. Debt/Ebitda -0.11 |
| 6. ROIC - WACC (= 7.95)% |
| 7. RoE 17.63% |
| 8. Rev. Trend -43.16% |
| 9. EPS Trend 46.81% |
What is the price of ALV shares?
Over the past week, the price has changed by +2.06%, over one month by +3.00%, over three months by -1.00% and over the past year by +30.88%.
Is ALV a buy, sell or hold?
What are the forecasts/targets for the ALV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 365 | -0.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 483.5 | 31.7% |
ALV Fundamental Data Overview November 24, 2025
Market Cap EUR = 140.11b (140.11b EUR * 1.0 EUR.EUR)
P/E Trailing = 13.9447
P/E Forward = 11.4155
P/S = 1.333
P/B = 2.2931
P/EG = 1.4092
Beta = 0.708
Revenue TTM = 135.73b EUR
EBIT TTM = 11.57b EUR
EBITDA TTM = 11.79b EUR
Long Term Debt = 23.12b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 2.36b EUR (from shortTermDebt, last fiscal year)
Debt = 30.30b EUR (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -1.34b EUR (from netDebt column, last fiscal year)
Enterprise Value = 138.33b EUR (140.11b + Debt 30.30b - CCE 32.08b)
Interest Coverage Ratio = 19.95 (Ebit TTM 11.57b / Interest Expense TTM 580.0m)
FCF Yield = 25.18% (FCF TTM 34.83b / Enterprise Value 138.33b)
FCF Margin = 25.66% (FCF TTM 34.83b / Revenue TTM 135.73b)
Net Margin = 7.80% (Net Income TTM 10.58b / Revenue TTM 135.73b)
Gross Margin = 87.47% ((Revenue TTM 135.73b - Cost of Revenue TTM 17.00b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 86.50%)
Tobins Q-Ratio = 0.14 (Enterprise Value 138.33b / Total Assets 1012.77b)
Interest Expense / Debt = 0.61% (Interest Expense 186.0m / Debt 30.30b)
Taxrate = 24.79% (992.0m / 4.00b)
NOPAT = 8.70b (EBIT 11.57b * (1 - 24.79%))
Current Ratio = 2.47 (Total Current Assets 105.38b / Total Current Liabilities 42.74b)
Debt / Equity = 0.50 (Debt 30.30b / totalStockholderEquity, last quarter 60.21b)
Debt / EBITDA = -0.11 (Net Debt -1.34b / EBITDA 11.79b)
Debt / FCF = -0.04 (Net Debt -1.34b / FCF TTM 34.83b)
Total Stockholder Equity = 60.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 10.58b / Total Assets 1012.77b)
RoE = 17.63% (Net Income TTM 10.58b / Total Stockholder Equity 60.02b)
RoCE = 13.92% (EBIT 11.57b / Capital Employed (Equity 60.02b + L.T.Debt 23.12b))
RoIC = 13.09% (NOPAT 8.70b / Invested Capital 66.47b)
WACC = 5.14% (E(140.11b)/V(170.40b) * Re(6.15%) + D(30.30b)/V(170.40b) * Rd(0.61%) * (1-Tc(0.25)))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -1.44%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈30.16b ; Y1≈37.21b ; Y5≈63.49b
Fair Price DCF = 2801 (DCF Value 1079.82b / Shares Outstanding 385.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 46.81 | EPS CAGR: -5.17% | SUE: 1.18 | # QB: 2
Revenue Correlation: -43.16 | Revenue CAGR: -19.60% | SUE: 1.59 | # QB: 3