Company Valuation: Generali

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 29,338 25,706 29,467 41,489 53,739 64,177 - -
Change - -12.38% 14.63% 40.8% 29.52% 19.43% - -
Enterprise Value (EV) 1 29,338 67,116 66,483 78,884 95,273 105,251 104,906 104,536
Change - 128.77% -0.94% 18.65% 20.78% 10.47% -0.33% -0.35%
P/E 10.5x 9.03x 7.86x 11.3x 13.2x 13.7x 12.7x 11.9x
PBR 1x 1.59x 1.04x 1.37x 1.71x 1.91x 1.78x 1.67x
PEG - 2.68x 0.2x -27.46x 1.1x 0.9x 1.5x 1.82x
Capitalization / Revenue 0.39x 0.32x 0.36x 0.44x 0.55x 0.62x 0.6x 0.57x
EV / Revenue 0.39x 0.82x 0.81x 0.83x 0.97x 1.02x 0.98x 0.93x
EV / EBITDA - - - - - - - -
EV / EBIT 5.01x 10.3x 9.66x 10.8x 11.9x 12.2x 11.5x 10.9x
EV / FCF 1.65x 6.78x 55.2x 5.33x 4.95x 25.7x 22.1x 21.7x
FCF Yield 60.7% 14.7% 1.81% 18.8% 20.2% 3.9% 4.53% 4.61%
Dividend per Share 2 1.07 1.16 1.28 1.43 1.64 1.807 1.986 2.143
Rate of return 5.74% 6.98% 6.7% 5.24% 4.59% 4.21% 4.63% 5%
EPS 2 1.78 1.84 2.43 2.42 2.711 3.122 3.387 3.609
Distribution rate 60.1% 63% 52.7% 59.1% 60.5% 57.9% 58.6% 59.4%
Net sales 1 75,825 81,538 82,466 95,190 98,124 102,711 107,393 112,404
EBITDA - - - - - - - -
EBIT 1 5,852 6,509 6,879 7,295 8,004 8,631 9,107 9,590
Net income 1 2,847 2,912 3,747 3,724 4,172 4,702 5,065 5,374
Net Debt 1 - 41,410 37,016 37,395 41,534 41,074 40,729 40,358
Reference price 2 18.63 16.62 19.10 27.27 35.75 42.90 42.90 42.90
Nbr of stocks (in thousands) 1,574,760 1,547,172 1,542,345 1,521,425 1,503,178 1,495,978 - -
Announcement Date 3/15/22 3/14/23 3/12/24 3/12/25 3/12/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.7x4.97x - 5.33% 139B
10.79x0.9x - 5.56% 105B
13.61x - - 2.71% 103B
14.81x - - 3.15% 72.95B
17.47x3.43x - 1.95% 63.93B
11.24x - - 2.48% 61.02B
17.44x - - 2.92% 58.92B
17.12x - - 3.3% 45.91B
11.65x - - 4.73% 43.98B
Average 13.43x 3.10x 3.57% 77.05B
Weighted average by Cap. 12.50x 3.26x 3.81%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield