ageas SA/NV (AGESF) Stock

About ageas SA/NV

Operating with its subsidiaries throughout Europe and Asia, ageas SA/NV is an insurance conglomerate. Its primary offerings consist of various insurance solutions, such as property, casualty, and life coverage, complemented by pension schemes and reinsurance products. Specifically, its life insurance policies address financial risks associated with an individual's life and death. For non-life protection, the company provides coverage including accident and health, motor vehicle, fire, and other property damage policies, safeguarding against asset losses or claims liabilities. ageas caters to a broad clientele, ranging from private individuals to small, medium, and large corporations, distributing its services through a network of independent brokers and banking partnerships. Established in 1824, ageas SA/NV is headquartered in Brussels, Belgium.

ageas SA/NV is headquartered in BE.

ageas SA/NV (AGESF) stock trades at $79.04 with a market capitalization of $16.26B. The stock is valued at a price-to-earnings (P/E) ratio of 7.91, price-to-book of 1.45, price-to-sales of 1.57. Over the past 52 weeks the stock has ranged between $51.92 and $79.44, and currently trades at its 52-week high. It pays a dividend yielding 6.62%.

On profitability, ageas SA/NV generates a return on equity (ROE) of 19.55%, above the typical market average, return on capital employed of 23.93%, an operating margin of 98.79%, a net profit margin of 18.16%.

In its most recent fiscal year, ageas SA/NV reported annual revenue of $9.0B, net profit of $1.7B, revenue has compounded at -4.8% a year over the last five years, profit at 8.4% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.75, a current ratio of 0.95, total assets of $107.1B, $3.1B in cash and equivalents.

AGESF has an average daily trading volume of 109 shares, a beta of 0.53 (less volatile than the overall market).

Official website: www.ageas.com