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 62,756 - -
Change - -12.38% 14.63% 40.8% 29.52% 16.78% - -
Enterprise Value (EV) 1 29,338 67,116 66,483 78,884 95,273 103,830 103,485 103,115
Change - 128.77% -0.94% 18.65% 20.78% 8.98% -0.33% -0.36%
P/E 10.5x 9.03x 7.86x 11.3x 13.2x 13.5x 12.3x 11.6x
PBR 1x 1.59x 1.04x 1.37x 1.71x 1.88x 1.76x 1.66x
PEG - 2.68x 0.2x -27.46x 1.1x 0.9x 1.29x 1.93x
Capitalization / Revenue 0.39x 0.32x 0.36x 0.44x 0.55x 0.61x 0.58x 0.56x
EV / Revenue 0.39x 0.82x 0.81x 0.83x 0.97x 1.01x 0.96x 0.92x
EV / EBITDA - - - - - - - -
EV / EBIT 5.01x 10.3x 9.66x 10.8x 11.9x 12x 11.3x 10.6x
EV / FCF 1.65x 6.78x 55.2x 5.33x 4.95x 25.3x 21.8x 21.4x
FCF Yield 60.7% 14.7% 1.81% 18.8% 20.2% 3.95% 4.6% 4.67%
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% 4.31% 4.73% 5.11%
EPS 2 1.78 1.84 2.43 2.42 2.711 3.103 3.399 3.603
Distribution rate 60.1% 63% 52.7% 59.1% 60.5% 58.2% 58.4% 59.5%
Net sales 1 75,825 81,538 82,466 95,190 98,124 102,714 107,376 112,368
EBITDA - - - - - - - -
EBIT 1 5,852 6,509 6,879 7,295 8,004 8,680 9,187 9,703
Net income 1 2,847 2,912 3,747 3,724 4,172 4,680 5,061 5,366
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 41.95 41.95 41.95
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.($)
6.16x4.86x - 5.81% 129B
10.68x0.94x - 5.63% 104B
13.02x - - 2.87% 97.82B
14.7x - - 3.3% 69.66B
16.96x3.32x - 2% 62.12B
10.89x - - 2.54% 59.54B
17.14x - - 2.95% 58.3B
11.54x - - 4.77% 43.86B
16.76x - - 3.41% 44.11B
Average 13.09x 3.04x 3.7% 74.3B
Weighted average by Cap. 12.19x 3.15x 3.97%

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