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 62,667 - -
Change - -12.38% 14.63% 40.8% 29.52% 16.61% - -
Enterprise Value (EV) 1 29,338 67,116 66,483 78,884 95,273 103,740 103,396 103,025
Change - 128.77% -0.94% 18.65% 20.78% 8.89% -0.33% -0.36%
P/E Ratio 10.5x 9.03x 7.86x 11.3x 13.2x 13.3x 12.2x 11.5x
PBR 1x 1.59x 1.04x 1.37x 1.71x 1.84x 1.72x 1.61x
PEG - 2.68x 0.2x -27.46x 1.1x 0.9x 1.4x 1.82x
Capitalization / Revenue 0.39x 0.32x 0.36x 0.44x 0.55x 0.61x 0.58x 0.55x
EV / Revenue 0.39x 0.82x 0.81x 0.83x 0.97x 1.01x 0.96x 0.91x
EV / EBITDA - - - - - - - -
EV / EBIT 5.01x 10.3x 9.66x 10.8x 11.9x 12x 11.4x 10.8x
EV / FCF 1.65x 6.78x 55.2x 5.33x 4.95x 25.3x 21.7x 21.4x
FCF Yield 60.7% 14.7% 1.81% 18.8% 20.2% 3.95% 4.6% 4.68%
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% 4.39% 4.82% 5.21%
EPS 2 1.78 1.84 2.43 2.42 2.711 3.098 3.368 3.58
Distribution rate 60.1% 63% 52.7% 59.1% 60.5% 58.3% 59% 59.9%
Net sales 1 75,825 81,538 82,466 95,190 98,124 103,129 107,842 112,988
EBITDA - - - - - - - -
EBIT 1 5,852 6,509 6,879 7,295 8,004 8,612 9,083 9,549
Net income 1 2,847 2,912 3,747 3,724 4,172 4,678 5,029 5,333
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 41.17 41.17 41.17
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.17x1x - 4.37% 71.31B
6.74x4.97x - 5.33% 139B
9.9x0.9x - 6.08% 97.24B
14.16x - - 3.44% 67.32B
16.28x3.19x - 2.08% 59.96B
10.35x - - 2.64% 57.16B
15.65x - - 3.22% 53.64B
12.27x - - 4.06% 46.62B
24.67x - - 1.77% 45.67B
5.97x0.81x - 3.75% 44.45B
Average 12.91x 2.17x 3.67% 68.28B
Weighted average by Cap. 11.96x 2.62x 4.05%

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

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