Company Valuation: ageas SA/NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,475 7,655 7,220 8,541 11,406 15,106 - -
Change - -9.68% -5.69% 18.3% 33.54% 32.45% - -
Enterprise Value (EV) 12,902 12,831 7,220 8,541 11,406 15,106 15,106 15,106
Change - -0.55% -43.73% 18.3% 33.54% 32.45% 0% 0%
P/E 10.1x 7.56x 7.59x 7.68x 6.67x 8.04x 8.76x 8.12x
PBR 0.71x 1x - 1.1x 1.21x 1.32x 1.25x 1.14x
PEG - 0.4x -1.38x 0.4x 0.1x 42.22x -1.06x 1.02x
Capitalization / Revenue 0.94x 0.86x - 0.46x 0.58x 1.24x 1.21x 1.17x
EV / Revenue 0x 0x - 0x 0x 1.24x 1.21x 1.17x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x - 0x 0x 5.78x 6x 5.56x
EV / FCF -0x -0x - 0x 0x 11.7x 12.2x 11.3x
FCF Yield -13.2% -8.94% - 9.39% 23.8% 8.58% 8.17% 8.87%
Dividend per Share 2 2.75 3 3.25 3.5 3.75 4.052 4.37 4.699
Rate of return 6.04% 7.24% 8.27% 7.46% 6.27% 5.61% 6.05% 6.51%
EPS 2 4.52 5.48 5.179 6.109 8.963 8.98 8.237 8.891
Distribution rate 60.8% 54.7% 62.8% 57.3% 41.8% 45.1% 53% 52.8%
Net sales 1 8,978 8,930 - 18,488 19,622 12,197 12,523 12,917
EBITDA - - - - - - - -
EBIT 1 1,370 1,499 - 1,861 2,460 2,615 2,518 2,719
Net income 1 845 1,010 953 1,118 1,712 1,798 1,719 1,821
Net Debt 4,426 5,176 - - - - - -
Reference price 2 45.55 41.42 39.31 46.90 59.80 72.20 72.20 72.20
Nbr of stocks (in thousands) 186,070 184,820 183,656 182,106 190,728 209,228 - -
Announcement Date 2/23/22 2/22/23 2/28/24 2/28/25 2/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.6x - - 4.5% 175B
12.39x2.94x10.61x1.19% 129B
14.72x1.78x - 5.57% 104B
19.96x3.49x12.27x2.17% 82.87B
27.21x4.25x13.07x1.21% 58.22B
19.09x4.17x12.22x1.16% 57.37B
10.75x0.67x - 3.71% 34.51B
8.86x1.35x - 1.93% 34.38B
17.59x3.01x10.79x1.3% 27B
Average 16.02x 2.71x 11.79x 2.53% 78.01B
Weighted average by Cap. 15.65x 2.83x 11.67x 2.94%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ageas SA/NV

Historical PBR trend

Valuation ratios - PBR - ageas SA/NV

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ageas SA/NV

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ageas SA/NV


Year-on-year evolution of the Yield

Valuation ratios - Yield - ageas SA/NV