Valuation Generali

Stocks

Real-time Borsa Italiana Other stock markets 14:28:05 10/07/2026 +04			5-day change	1st Jan Change
42.24 ^EUR	+0.09%		-1.56%	+18.10%

09:14am	UniCredit could reopen the Banco BPM dossier	AN
08:40am	Messina defends the tender offer for MPS and reasserts Intesa's role	AN

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	63,130	-	-
Change	-	-12.38%	14.63%	40.8%	29.52%	17.48%	-	-
Enterprise Value (EV) ¹	29,338	67,116	66,483	78,884	95,273	104,204	103,859	103,489
Change	-	128.77%	-0.94%	18.65%	20.78%	9.37%	-0.33%	-0.36%
P/E	10.5x	9.03x	7.86x	11.3x	13.2x	13.6x	12.4x	11.8x
PBR	1x	1.59x	1.04x	1.37x	1.71x	1.88x	1.76x	1.65x
PEG	-	2.68x	0.2x	-27.46x	1.1x	0.9x	1.33x	2.02x
Capitalization / Revenue	0.39x	0.32x	0.36x	0.44x	0.55x	0.61x	0.59x	0.56x
EV / Revenue	0.39x	0.82x	0.81x	0.83x	0.97x	1.01x	0.97x	0.92x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	5.01x	10.3x	9.66x	10.8x	11.9x	12.1x	11.4x	10.8x
EV / FCF	1.65x	6.78x	55.2x	5.33x	4.95x	25.4x	21.8x	21.5x
FCF Yield	60.7%	14.7%	1.81%	18.8%	20.2%	3.93%	4.58%	4.66%
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%	4.28%	4.71%	5.08%
EPS ²	1.78	1.84	2.43	2.42	2.711	3.102	3.391	3.59
Distribution rate	60.1%	63%	52.7%	59.1%	60.5%	58.2%	58.5%	59.7%
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	4,685	5,060	5,350
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	42.20	42.20	42.20
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	15/03/22	14/03/23	12/03/24	12/03/25	12/03/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
GENERALI	13.6x	1.01x	-	4.28%	72.17B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	6.15x	4.85x	-	5.82%	128B
AXA	10.71x	0.94x	-	5.62%	104B
AIA GROUP LIMITED	12.74x	-	-	2.94%	95.46B
MANULIFE FINANCIAL CORPORATION	14.77x	-	-	3.3%	69.21B
AFLAC INCORPORATED	16.9x	3.32x	-	2%	62.09B
METLIFE, INC.	10.72x	-	-	2.57%	58.65B
GREAT-WEST LIFECO INC.	17.28x	-	-	2.92%	58.37B
CATHAY FINANCIAL HOLDING CO., LTD.	11.56x	-	-	4.76%	43.88B
SUN LIFE FINANCIAL INC.	17.43x	-	-	3.35%	44.51B
Average	13.19x	2.53x		3.76%	73.67B
Weighted average by Cap.	12.34x	2.72x		4.01%