ageas SA/NV

ageas SA/NV

AGESF
ageas SA/NVUS flagOther OTC
79.04
USD
+0.00
- -
16.26BMarket Cap
ageas SA/NV
AGESF
(Other OTC)

Recent

price

79.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
56.07
45.83
61.38
55
61.76
61
61.21
58.71
56.27
73.27
61.57
69.12
26.57
42.9
47.09
48.09
64.23
Revenue per Share
1.47
-2.27
3.13
2.49
2.13
3.57
0.13
3.09
4.11
5.09
6.07
4.52
5.96
5.19
6.1
9.1
0.13
Basic EPS, GAAP
11.97
4.77
8.42
10.41
7.9
-1.96
1.39
-4.1
3.76
1.44
-8.98
-6.49
4.66
-0.64
3.5
13.7
1.39
Free Cash Flow per Basic Share
0.77
0.77
0.82
1.19
1.39
1.53
1.62
2.08
2.05
2.16
2.58
2.6
4.15
2.94
3.18
3.49
- -
Dividend per Share
9.78
6.38
11.73
10.04
9.8
11.26
7.82
10.77
11.75
12.89
14.06
12.57
13.65
8.18
8.19
8.45
7.81
Book Value per Share
30.13
26.29
38.63
34.61
42.24
48.42
43.1
44.8
52.97
63.77
66.75
68.8
35.4
38.22
39.1
37.82
43.05
Tangible Book Value per Share
248
255
237
229
223
216
209
202
197
193
188
187
184
184
183
188
209
Basic Weighted Avg Shares
13,918
11,668
14,574
12,582
13,777
13,148
12,764
11,846
11,073
14,106
11,571
12,909
4,894
7,880
8,637
9,044
13,410
Sales/Revenue/Turnover
3.06
- -
10.46
7.89
5.76
8.87
3.41
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.24
Operating Margin (%)
607
687
799
800
951
749
749
743
675
654
854
833
389
342
310
357
749
Depreciation Expense
364
-578
743
570
476
770
27
623
809
979
1,141
845
1,097
953
1,118
1,712
27
Net Income, GAAP
- -
- -
26.73
24.64
17.3
19.39
48.75
23.3
20.23
17.79
15.2
17.47
13.77
17.58
16.89
12.06
48.75
Effective Tax Rate (%)
2.61
-4.96
5.1
4.53
3.45
5.86
0.21
5.26
7.31
6.94
9.86
6.55
22.42
12.09
12.94
18.93
0.2
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
5,618
5,697
4,231
3,508
3,887
4,285
3,702
3,551
3,480
4,906
4,709
4,732
4,443
4,585
4,749
7,127
3,702
LT Debt
9,166
8,287
10,671
9,330
10,912
11,975
10,205
10,162
11,520
13,481
13,774
14,172
7,936
8,499
8,797
11,503
10,205
Total Equity
- -
- -
7.28
4.86
4.28
5.44
1.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.45
Return on Invested Capital (%)
- -
- -
9.06
7.25
5.98
9.96
-1.62
7.7
9.82
9.88
11.26
8.23
12.08
12.67
16.11
19.55
-1.42
Return on Capital (%)
29.98
-28.54
33.69
22.41
21.22
33.41
1.34
32.78
36.09
40.86
44.54
33.87
45.14
47.47
74.43
110.74
1.34
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'16
Sep'16
Dec'16
ST Debt
- -
- -
- -
LT Borrowings
3,698
3,718
3,682
LT Finance Leases
21
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
208
207
205
Market Capitalization
4,412
3,970
5,058

Working Capital

FRC

in mil. unless spec.
Jun'16
Sep'16
Dec'16
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
64,907
65,460
63,778
Accounts Receivable, Net
2,299
2,218
600
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.76%
0.05%
30.76%
Free Cash Flow
-216.75%
-131.12%
301.25%
Net Income, GAAP
223.17%
12.24%
53.13%
Sales/Revenue/Turnover
1.76%
4.96%
4.71%
Total Cash Common Dividend
- -
- -
12.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7,880
2024
- -
- -
- -
- -
8,637
2025
- -
- -
- -
- -
9,044

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
5.19
2024
- -
- -
- -
- -
6.1
2025
- -
- -
- -
- -
9.1

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.94
2024
- -
- -
- -
- -
3.18
2025
- -
- -
- -
- -
3.49
Business
ageas SA/NV is a leading international insurance group headquartered in Brussels, Belgium, with roots tracing back to 1824. The company operates primarily in Europe and Asia through wholly owned subsidiaries and joint ventures, serving private individuals, small- to large-sized companies via independent brokers, banks, and direct channels; it focuses on life and non-life insurance products including savings and protection life policies, property and casualty coverage such as motor and homeowner's insurance, health and disability plans, pensions, reinsurance, and asset management services. Ageas ranks as Belgium's largest insurer, holding significant market share in life insurance, and maintains operations across 13 to 16 countries with approximately 50,000 employees. In its core segments—Belgium, Europe, Asia, Reinsurance, and the UK—Ageas delivers tailored solutions for retail and commercial customers, emphasizing digital transformation, sustainability, and omni-channel distribution. The group reported gross written premiums exceeding €14 billion recently, driven by growth in both life (around 75% of premiums) and non-life segments. Recent strategic developments include the completion of the acquisition of Saga's underwriting business, Acromas Insurance Company, in 2025 as part of a 20-year partnership with Saga Services to distribute personal motor and household products to over-50s customers in the UK; Ageas also finalized the €1.510 billion acquisition of esure from Bain Capital in 2025 to bolster its UK non-life presence and launched a €525 million equity offering in April 2025 to partly finance the esure deal under its Elevate27 growth strategy. These moves enhance scale in personal lines, diversify capital, and align with ambitions for non-life expansion in Europe.

Company News

APIChatGPT
  • ageas: A Look At Whether Value Remains Following The Rally In Recent Years

  • Ageas and BNP Paribas S.A.: Transparency notification

  • Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV

  • Ageas publishes its 2025 reports

  • ageas SA/NV (AGESY) Q4 2025 Earnings Call Transcript

  • Ageas announces Net Operating Result guidance update

  • ageas: Recent Capital Deploy Support Income And Value Appeal

  • Ageas announces intragroup repurchase of own shares

  • Ageas successfully places EUR 450 million restricted Tier 1 Notes

  • ageas SA/NV (AGESY) M&A Call Transcript

  • BNP Paribas Increases Stake in Belgian Insurer Ageas as Part of $3.5 Billion Deal

  • Belgian insurer Ageas to pay $2.2 bln to BNP Paribas to buy full control of AG Insurance

  • Ageas completes its 2024-2025 share buy-back programme

  • Ageas reports on the progress of share buy-back programme

  • Ageas reports on the progress of share buy-back programme

  • Ageas reports on the progress of share buy-back programme

  • Ageas completes the acquisition of Saga's Underwriting Business

  • Ageas reports on the progress of share buy-back programme

  • Ageas successfully places its inaugural GBP 400 million Senior Notes

  • Ageas reports on the progress of share buy-back programme