Financials Zurich Insurance Group AG Mexican S.E.

Equities

ZURN N

CH0011075394

Multiline Insurance & Brokers

End-of-day quote Mexican S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
8,905 MXN -3.63% Intraday chart for Zurich Insurance Group AG -.--% +13.57%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 59,012 55,618 59,458 65,589 64,338 68,338 - -
Enterprise Value (EV) 1 63,044 58,781 66,796 71,486 70,042 77,499 77,401 80,764
P/E ratio 14.4 x 15.6 x 12.6 x 15.1 x 16.8 x 13 x 11.9 x 11.2 x
Yield 5.04% 5.35% 5.17% 4.99% - 5.85% 6.25% 6.64%
Capitalization / Revenue 1.2 x 1.24 x 1.15 x 1.21 x - 1.25 x 1.2 x 1.19 x
EV / Revenue 1.28 x 1.31 x 1.3 x 1.32 x - 1.42 x 1.36 x 1.4 x
EV / EBITDA - - - - - - - -
EV / FCF - 12.5 x 27.4 x 17.2 x 11.5 x 11.2 x 15.5 x 14.4 x
FCF Yield - 8.02% 3.65% 5.8% 8.72% 8.95% 6.44% 6.94%
Price to Book 1.72 x 1.58 x 1.66 x 2.66 x 2.89 x 2.99 x 2.79 x 2.62 x
Nbr of stocks (in thousands) 1,48,608 1,48,910 1,48,496 1,48,291 1,46,356 1,43,990 - -
Reference price 2 397.1 373.5 400.4 442.3 439.6 474.6 474.6 474.6
Announcement Date 13/02/20 10/02/21 10/02/22 09/02/23 22/02/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 49,350 44,995 51,493 54,135 - 54,613 56,909 57,616
EBITDA - - - - - - - -
EBIT 1 5,179 3,775 5,301 5,934 6,508 7,085 7,579 7,920
Operating Margin 10.49% 8.39% 10.29% 10.96% - 12.97% 13.32% 13.75%
Earnings before Tax (EBT) 1 5,958 4,802 6,759 5,485 5,694 7,523 8,064 8,485
Net income 1 4,051 3,412 4,802 4,234 3,836 5,209 5,626 5,898
Net margin 8.21% 7.58% 9.33% 7.82% - 9.54% 9.89% 10.24%
EPS 2 27.51 23.98 31.68 29.36 26.21 36.42 39.90 42.23
Free Cash Flow 1 - 4,715 2,440 4,146 6,107 6,940 4,982 5,605
FCF margin - 10.48% 4.74% 7.66% - 12.71% 8.75% 9.73%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - 138.17% 50.81% 97.91% 159.2% 133.23% 88.56% 95.03%
Dividend per Share 2 20.00 20.00 20.72 22.08 - 27.74 29.68 31.49
Announcement Date 13/02/20 10/02/21 10/02/22 09/02/23 22/02/24 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q2 2023 S1 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 23,431 23,899 - - - - - - - - - - - - - - - - -
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 2,429 1,548 2,260 2,505 - - 1,458 - 3,191 - - 2,813 - 3,249 - - - - -
Operating Margin 10.37% 6.48% - - - - - - - - - - - - - - - - -
Earnings before Tax (EBT) - 1,497 - - - - - - - - - - - 3,149 - - - - -
Net income 1 2,057 1,074 2,361 2,024 1,384 1,417 1,037 1,036 2,073 1,103 - 2,207 - 2,177 1,362 1,362 1,363 1,361 1,401
Net margin 8.78% 4.5% - - - - - - - - - - - - - - - - -
EPS 2 - 7.630 16.35 13.28 9.208 9.427 6.933 6.931 13.91 7.368 - - - 15.47 9.412 9.412 9.412 9.412 9.976
Dividend per Share 2 - - - - - 20.72 - - - - 22.08 22.08 - - - - - 27.47 -
Announcement Date 13/02/20 13/08/20 10/02/21 12/08/21 09/02/23 10/02/22 10/08/22 11/08/22 11/08/22 09/02/23 09/02/23 09/02/23 10/08/23 10/08/23 - - - - -
1CHF in Million2CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,031 3,163 7,338 5,897 5,704 9,161 9,063 12,427
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 4,715 2,440 4,146 6,107 6,940 4,982 5,605
ROE (net income / shareholders' equity) 12.7% 10.5% 13.7% 14.3% 17.2% 22.8% 23.3% 23%
ROA (Net income/ Total Assets) 1.04% 0.91% 1.19% 1.13% 1.25% 1.48% 1.54% 1.56%
Assets 1 3,90,719 3,75,601 4,03,944 3,74,224 3,07,165 3,52,664 3,65,566 3,78,209
Book Value Per Share 2 231.0 236.0 241.0 166.0 152.0 158.0 170.0 181.0
Cash Flow per Share - - - - - - - -
Capex 1 - 505 542 526 369 455 476 498
Capex / Sales - 1.12% 1.05% 0.97% - 0.83% 0.84% 0.86%
Announcement Date 13/02/20 10/02/21 10/02/22 09/02/23 22/02/24 - - -
1CHF in Million2CHF
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
16
Last Close Price
474.6 CHF
Average target price
472.1 CHF
Spread / Average Target
-0.52%
Consensus
  1. Stock Market
  2. Equities
  3. ZURN Stock
  4. ZURN N Stock
  5. Financials Zurich Insurance Group AG