Financials Uniqa Insurance Group AG

Equities

UQA

AT0000821103

Multiline Insurance & Brokers

Market Closed - Wiener Boerse 11:35:07 2024-04-26 am EDT 5-day change 1st Jan Change
8.28 EUR +0.12% Intraday chart for Uniqa Insurance Group AG +1.35% +10.99%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,413 2,792 1,965 2,477 2,149 2,290
Enterprise Value (EV) 1 3,412 3,261 3,092 3,666 3,240 3,185
P/E ratio 9.92 x 12 x 101 x 7.87 x 5.61 x 7.57 x
Yield 6.74% 1.98% 2.81% 6.82% 7.86% 7.64%
Capitalization / Revenue 0.42 x 0.47 x 0.32 x 0.35 x 0.31 x 0.35 x
EV / Revenue 0.6 x 0.55 x 0.51 x 0.53 x 0.46 x 0.49 x
EV / EBITDA 7.89 x 8.02 x 10.1 x 5.64 x 5.77 x 6.48 x
EV / FCF -6.14 x 2.07 x 2.87 x -48.2 x -4.71 x 68.4 x
FCF Yield -16.3% 48.3% 34.8% -2.08% -21.2% 1.46%
Price to Book 0.81 x 0.82 x 0.57 x 0.75 x 1.06 x 0.84 x
Nbr of stocks (in thousands) 306,965 306,965 306,965 306,965 306,965 306,965
Reference price 2 7.860 9.095 6.400 8.070 7.000 7.460
Announcement Date 4/10/19 3/20/20 4/8/21 4/8/22 4/14/23 4/11/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5,731 5,975 6,085 6,980 6,979 6,494
EBITDA 1 432.5 406.5 304.8 649.4 561.6 491.8
EBIT 1 358.5 345.6 232.5 531 466.9 391.2
Operating Margin 6.25% 5.78% 3.82% 7.61% 6.69% 6.02%
Earnings before Tax (EBT) 1 294.6 295.7 57.06 382.3 421.7 426.4
Net income 1 243.3 232.4 19.4 314.7 383 302.7
Net margin 4.24% 3.89% 0.32% 4.51% 5.49% 4.66%
EPS 2 0.7925 0.7570 0.0632 1.025 1.248 0.9861
Free Cash Flow 1 -555.4 1,576 1,075 -76.08 -687.4 46.57
FCF margin -9.69% 26.38% 17.67% -1.09% -9.85% 0.72%
FCF Conversion (EBITDA) - 387.73% 352.86% - - 9.47%
FCF Conversion (Net income) - 678.36% 5,541.89% - - 15.38%
Dividend per Share 2 0.5300 0.1800 0.1800 0.5500 0.5500 0.5700
Announcement Date 4/10/19 3/20/20 4/8/21 4/8/22 4/14/23 4/11/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,000 470 1,127 1,188 1,091 895
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.311 x 1.155 x 3.698 x 1.83 x 1.943 x 1.82 x
Free Cash Flow 1 -555 1,576 1,075 -76.1 -687 46.6
ROE (net income / shareholders' equity) 7.54% 7.38% 0.71% 9.35% 14.5% 14%
ROA (Net income/ Total Assets) 0.78% 0.75% 0.48% 1.05% 0.98% 0.89%
Assets 1 31,081 30,784 4,045 30,089 39,214 33,922
Book Value Per Share 2 9.680 11.10 11.20 10.80 6.630 8.830
Cash Flow per Share 2 2.190 1.560 2.090 1.930 2.180 2.280
Capex 1 123 165 123 173 151 123
Capex / Sales 2.14% 2.76% 2.02% 2.48% 2.16% 1.89%
Announcement Date 4/10/19 3/20/20 4/8/21 4/8/22 4/14/23 4/11/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
8.28 EUR
Average target price
8.5 EUR
Spread / Average Target
+2.66%
Consensus

Annual profits - Rate of surprise

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