Insurance Australia Group Limited

$ 7.98 -0.37 %

Insurance Australia Group Limited (IAG), headquartered in Sydney, Australia, is a prominent provider of general insurance underwriting and investment management services across Australia and New Zealand. The company offers a comprehensive array of personal and commercial insurance policies. Its personal lines encompass coverage for home and contents, various motor vehicles (including comprehensive, classic, veteran, vintage, boat, and caravan policies), travel, life, and income protection. For commercial clients, IAG delivers solutions such as commercial property, motor fleet, diverse liability coverage (public, product, professional indemnity, and directors and officers), construction, engineering, workers' compensation, and policies tailored for rural and horticultural sectors (including farm, crop, and livestock). Additionally, it provides consumer credit and extended warranty insurance, alongside reinsurance services. IAG distributes its products through a wide network of channels, including company-owned branches and agencies, call centers, digital platforms, independent brokers, authorized representatives, financial institutions, and other third-party partnerships. These services are marketed under a robust portfolio of brands, notably NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance. Established in 1920, the company was initially known as NRMA Insurance Group Limited before adopting its current name, Insurance Australia Group Limited, in 2002.

CEO: Nicholas Hawkins - https://www.iag.com.au

Price objectif

-

Recommandation

-

DCF

$ -6.39

Loading data...

IAG.AX vs S&P500

Loading data...

No data available.

Quick ratio

0.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

17.35

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.46

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

14.85 %

reflects reasonable profitability, showing good use of equity.

ROIC

4.60 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

5.08

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.50

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.44

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

67.50 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

Loading data...

No data available.

Financials

Piotroski score
6 indicates moderate financial health
Altman score
2.75 indicates an uncertain financial situation
Loading data...

No data available.

Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.13 indicates that the company uses little debt to finance its assets, suggesting good financial stability
Loading data...

No data available.

Free Cash Flow

Loading data...

No data available.

Earnings Per Share (annual)

Loading data...

No data available.

Sales

Loading data...

No data available.