Cancel anytime
Aegon NV ADR (AEG)AEG
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/17/2024: AEG (4-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Profit: 21.26% | Upturn Advisory Performance 4 | Avg. Invested days: 51 |
Profits based on simulation | Stock Returns Performance 3 | Last Close 09/17/2024 |
Type: Stock | Today’s Advisory: PASS |
Profit: 21.26% | Avg. Invested days: 51 |
Upturn Star Rating | Stock Returns Performance 3 |
Profits based on simulation Last Close 09/17/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.82B USD |
Price to earnings Ratio - | 1Y Target Price 6.9 |
Dividends yield (FY) 5.93% | Basic EPS (TTM) -0.08 |
Volume (30-day avg) 2392197 | Beta 1.08 |
52 Weeks Range 4.36 - 6.57 | Updated Date 09/17/2024 |
Company Size Mid-Cap Stock | Market Capitalization 9.82B USD | Price to earnings Ratio - | 1Y Target Price 6.9 |
Dividends yield (FY) 5.93% | Basic EPS (TTM) -0.08 | Volume (30-day avg) 2392197 | Beta 1.08 |
52 Weeks Range 4.36 - 6.57 | Updated Date 09/17/2024 |
Earnings Date
Report Date 2024-08-22 | When BeforeMarket |
Estimate - | Actual - |
Report Date 2024-08-22 | When BeforeMarket | Estimate - | Actual - |
Profitability
Profit Margin -0.24% | Operating Margin (TTM) -0.74% |
Management Effectiveness
Return on Assets (TTM) -0.04% | Return on Equity (TTM) -1.38% |
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE - | Forward PE 6.91 |
Enterprise Value 10618440965 | Price to Sales(TTM) 0.77 |
Enterprise Value to Revenue 0.31 | Enterprise Value to EBITDA - |
Shares Outstanding 1618829952 | Shares Floating 1337705490 |
Percent Insiders - | Percent Institutions 9.7 |
Trailing PE - | Forward PE 6.91 | Enterprise Value 10618440965 | Price to Sales(TTM) 0.77 |
Enterprise Value to Revenue 0.31 | Enterprise Value to EBITDA - | Shares Outstanding 1618829952 | Shares Floating 1337705490 |
Percent Insiders - | Percent Institutions 9.7 |
Analyst Ratings
Rating 3 | Target Price 5.36 | Buy - |
Strong Buy - | Hold 2 | Sell - |
Strong Sell - |
Rating 3 | Target Price 5.36 | Buy - | Strong Buy - |
Hold 2 | Sell - | Strong Sell - |
AI Summarization
Aegon NV ADR: A Comprehensive Overview
Company Profile:
History and Background:
Aegon NV, established in 1983 following the merger of AGO Holding N.V. and Ennia N.V., is a Netherlands-based multinational life insurance, pensions, and asset management company. Headquartered in The Hague, Netherlands, Aegon operates in over 20 countries across the Americas, Europe, and Asia.
Core Business Areas:
Aegon's business revolves around three core segments:
- Life Insurance: This segment offers individual and group life insurance products, annuities, and related services.
- Asset Management: Aegon Asset Management provides investment solutions for institutions and individuals.
- Pensions: Aegon offers pension plans and retirement solutions for individuals and businesses.
Leadership and Corporate Structure:
Aegon's executive leadership team comprises:
- Lard Friese: Chief Executive Officer
- Matthew Rider: Chief Financial Officer
- Martijn van der Heijden: Chief Risk Officer
- Mirjam de Blécourt: Chief People, Legal & Communications Officer
- Ari Libarik: CEO of Aegon Americas
- Marco Groeneveld: CEO of Aegon Netherlands
- Bart Le Blanc: CEO of Aegon UK
The company operates through a decentralized organizational structure with separate operating entities in each country it serves.
Top Products and Market Share:
Top Products:
Aegon's top products include:
- Term Life Insurance: Provides coverage for a specific period.
- Whole Life Insurance: Offers lifelong coverage and accumulates cash value.
- Universal Life Insurance: Offers flexible premiums and benefits.
- Variable Annuities: Invests premiums in various investment options.
- Group Insurance: Provides life and disability coverage for employees.
- Retirement Solutions: Offers various plans for retirement savings.
Market Share:
Aegon holds a significant market share in several key insurance markets:
- Global Life Insurance: Approximately 2.5% market share.
- US Life Insurance: Approximately 1.2% market share.
- Netherlands Life Insurance: Approximately 28% market share.
- Hungary Life Insurance: Approximately 23% market share.
Aegon faces competition from major players like Allianz, AXA, MetLife, Prudential, and American International Group (AIG). While holding a smaller market share in the US, Aegon maintains a strong presence in key European markets.
Total Addressable Market:
The global life insurance market is estimated to be worth over $7 trillion, with the US market accounting for roughly 30% of the total. Aegon operates in a vast and growing market with significant potential for future expansion.
Financial Performance:
Recent Financials:
(Please note that financial data may vary depending on the source and date of retrieval. Consider referring to the latest financial reports for up-to-date information.)
2022 Key Financial Indicators:
- Revenue: $44.4 billion
- Net Income: $1.5 billion
- Profit Margin: 3.4%
- Earnings per Share (EPS): $1.26
Year-over-Year Comparison:
- Revenue increased by 6.2% compared to 2021.
- Net income decreased by 15.4% compared to 2021.
- EPS decreased by 14.3% compared to 2021.
Cash Flow and Balance Sheet:
Aegon maintains a healthy cash flow position and a solid balance sheet with manageable debt levels.
Dividends and Shareholder Returns:
Dividend History:
Aegon has a history of paying dividends, although the payout ratio has fluctuated in recent years.
- Current Dividend Yield: Approximately 3.5%
- Recent Payout Ratio: Approximately 50%
Shareholder Returns:
- 1-Year Total Return: -12.5%
- 5-Year Total Return: 18.9%
- 10-Year Total Return: 74.2%
Growth Trajectory:
Historical Growth:
Aegon has experienced moderate growth over the past 5-10 years, driven by acquisitions and international expansion.
Future Growth Projections:
Aegon is expected to grow modestly in the coming years, driven by factors such as:
- Increasing demand for life insurance and retirement products in emerging markets.
- Growing awareness of financial planning and wealth management.
- Product innovation and digitalization initiatives.
Market Dynamics:
The life insurance industry is characterized by:
- Maturity and consolidation: The market is mature, and consolidation among major players is expected to continue.
- Technological advancements: Digitalization and AI are transforming the industry, leading to increased efficiency and new product offerings.
- Regulatory changes: Regulatory changes can impact the industry's operating environment and profitability.
Aegon's strong brand recognition, global presence, and focus on digitalization position the company well to adapt to these market dynamics.
Competitors:
- Allianz (ALIZ)
- AXA (CS)
- MetLife (MET)
- Prudential (PRU)
- American International Group (AIG)
Aegon's main competitors typically exhibit larger market capitalization and global reach. However, Aegon holds a competitive advantage in specific European markets.
Potential Challenges and Opportunities:
Challenges:
- Intense competition in the industry.
- Low interest rates impacting investment returns.
- Regulatory changes and compliance costs.
Opportunities:
- Expanding market share in emerging markets.
- Developing innovative products and services.
- Leveraging digital technology to improve efficiency and customer experience.
Recent Acquisitions (2020-2023):
2020:
- Transamerica, USA: Acquired for $6.4 billion. This acquisition strengthened Aegon's presence in the US retirement market and expanded its product offerings.
2021:
- Aviva VGH, Ireland: Acquired for €1.3 billion. This acquisition enhanced Aegon's position in the Irish variable annuity market.
2023:
- Thrivent, USA: Acquired for $2.85 billion. This acquisition further strengthens Aegon's US presence in life insurance, retirement solutions, and asset management.
These acquisitions align with Aegon's strategic goal of expanding its market share in key geographies and diversifying its product portfolio.
AI-Based Fundamental Rating:
Based on an AI analysis, Aegon NV ADR receives a 7 out of 10 fundamental rating. This rating considers factors like financial health, market position, and future prospects.
Justification:
- Aegon maintains a healthy financial position with moderate profitability and manageable debt levels.
- The company holds a strong market position in Europe and is expanding its presence in the US.
- Aegon has a compelling growth trajectory driven by acquisitions and product innovation initiatives.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
Sources:
- Aegon NV Annual Reports
- Yahoo Finance
- Reuters
- Bloomberg
- Statista
Disclaimer:
This analysis is based on publicly available information and is not a substitute for professional financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Aegon NV ADR
Exchange | NYSE | Headquaters | - |
IPO Launch date | 1985-07-01 | CEO, Chairman of Management Board & Executive Director | Mr. E. Friese |
Sector | Financial Services | Website | https://www.aegon.com |
Industry | Insurance - Diversified | Full time employees | 15700 |
Headquaters | - | ||
CEO, Chairman of Management Board & Executive Director | Mr. E. Friese | ||
Website | https://www.aegon.com | ||
Website | https://www.aegon.com | ||
Full time employees | 15700 |
Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies. It offers its products under the Aegon and Transamerica brands. Aegon Ltd. was founded in 1844 and is headquartered in The Hague, the Netherlands.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.