(AGN) Aegon - Overview
Sector: Financial Services | Industry: Insurance - Diversified | Exchange: AS (Netherlands) | Market Cap: 11.060m EUR | Total Return: 20.9% in 12m
Avg Turnover: 33.5M
Qual. Beats: 0
Rev. Trend: 21.8%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Idiosyncratic Leader
Aegon Ltd. (AGN) is a Netherlands-based financial services provider specializing in life insurance, pensions, and asset management. Its operations are concentrated in the Americas, the United Kingdom, and the Netherlands, primarily utilizing the Transamerica brand in the United States. The company operates through three distinct segments: Distribution, Protection Solutions, and Savings & Investments.
As a multi-line insurer, Aegon utilizes a capital-intensive business model that generates revenue through policy premiums and fee-based income from assets under management. The sector is currently navigating a shift toward capital-light products, such as unit-linked insurance and defined contribution pension schemes, to reduce exposure to interest rate volatility. Historical data and valuation metrics on ValueRay can provide further context for those evaluating the firms market position. Aegon’s structure relies heavily on its distribution networks, including the World Financial Group, to scale its retirement and protection offerings across diverse geographic markets.
- Transamerica capital generation drives shareholder buybacks and dividend growth capacity
- Interest rate fluctuations impact net interest margins and solvency ratios
- US life insurance market share expansion strengthens non-European revenue base
- Asset management performance influences fee income across multi-national retirement segments
- Regulatory capital requirements under Solvency II dictate long-term balance sheet stability
| Net Income: 1.69b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -0.41 > 1.0 |
| NWC/Revenue: 45.90% < 20% (prev -21.85%; Δ 67.75% < -1%) |
| CFO/TA 0.00 > 3% & CFO 806.5m > Net Income 1.69b |
| Net Debt (2.60b) to EBITDA (15.7b): 0.17 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (1.51b) vs 12m ago -9.57% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 14.31% > 50% (prev 4.96%; Δ 9.35% > 0%) |
| Interest Coverage Ratio: 47.23 > 6 (EBIT TTM 15.9b / Interest Expense TTM 337.0m) |
| A: 0.07 (Total Current Assets 20.8b - Total Current Liabilities 0.0) / Total Assets 317b |
| B: 0.01 (Retained Earnings 4.23b / Total Assets 317b) |
| C: 0.05 (EBIT TTM 15.9b / Avg Total Assets 317b) |
| D: 0.02 (Book Value of Equity 7.53b / Total Liabilities 310b) |
| Altman-Z'' = 0.84 = B |
| DSRI: 1.59 (Receivables 17.6b/3.83b, Revenue 45.3b/15.7b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.95 (AQ_t 0.93 / AQ_t-1 0.99) |
| SGI: 2.89 (Revenue 45.3b / 15.7b) |
| TATA: 0.00 (NI 1.69b - CFO 806.5m) / TA 317b) |
| Beneish M = -1.22 (Cap -4..+1) = D |
As of June 04, 2026, the stock is trading at EUR 7.22 with a total of 4,823,602 shares traded.
Over the past week, the price has changed by -3.42%,
over one month by +4.21%,
over three months by +18.12% and
over the past year by +20.90%.
Aegon has no consensus analysts rating.
P/E Trailing = 12.1867
P/E Forward = 10.0
P/S = 0.9279
P/B = 1.2132
P/EG = 14.2828
Revenue TTM = 45.3b EUR
EBIT TTM = 15.9b EUR
EBITDA TTM = 15.7b EUR
Long Term Debt = 3.53b EUR (from longTermDebt, last quarter)
Short Term Debt = 41.0m EUR (from shortTermDebt, last quarter)
Debt = 5.79b EUR (from shortLongTermDebtTotal, last quarter) + Leases 187.0m
Net Debt = 2.60b EUR (calculated: Debt 5.79b - CCE 3.19b)
Enterprise Value = 13.7b EUR (11.1b + Debt 5.79b - CCE 3.19b)
Interest Coverage Ratio = 47.23 (Ebit TTM 15.9b / Interest Expense TTM 337.0m)
EV/FCF = -19.82x (Enterprise Value 13.7b / FCF TTM -689.5m)
FCF Yield = -5.05% (FCF TTM -689.5m / Enterprise Value 13.7b)
FCF Margin = -1.52% (FCF TTM -689.5m / Revenue TTM 45.3b)
Net Margin = 3.73% (Net Income TTM 1.69b / Revenue TTM 45.3b)
Gross Margin = unknown ((Revenue TTM 45.3b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.04 (Enterprise Value 13.7b / Total Assets 317b)
Interest Expense / Debt = 5.82% (Interest Expense 337.0m / Debt 5.79b)
Taxrate = 4.80% (85.0m / 1.77b)
NOPAT = 15.2b (EBIT 15.9b * (1 - 4.80%))
Current Ratio = unknown (Total Current Assets 20.8b / Total Current Liabilities 0.0)
Debt / Equity = 0.77 (Debt 5.79b / totalStockholderEquity, last quarter 7.53b)
Debt / EBITDA = 0.17 (Net Debt 2.60b / EBITDA 15.7b)
Debt / FCF = -3.78 (negative FCF - burning cash) (Net Debt 2.60b / FCF TTM -689.5m)
Total Stockholder Equity = 8.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.53% (Net Income 1.69b / Total Assets 317b)
RoE = 19.61% (Net Income TTM 1.69b / Total Stockholder Equity 8.62b)
RoCE = 131.0% (EBIT 15.9b / Capital Employed (Equity 8.62b + L.T.Debt 3.53b))
RoIC = 5.07% (EBIT 15.9b / (Assets 317b - Curr.Liab 0.0 - Cash 3.19b))
WACC = 7.85% (E(11.1b)/V(16.9b) * Re(9.06%) + D(5.79b)/V(16.9b) * Rd(5.82%) * (1-Tc(0.05)))
Discount Rate = 9.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -61.38 | Cagr: -11.18%
[DCF] Fair Price = unknown (Cash Flow -689.5m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 21.78 | Revenue CAGR: 6.32% | SUE: 2.13 | # QB: 1
EPS current Year (2026-12-31): EPS=0.89 | Chg30d=+1.04% | Revisions=N/A | GrowthEPS=+8.7% | GrowthRev=+10.4%
EPS next Year (2027-12-31): EPS=0.95 | Chg30d=-2.41% | Revisions=-20% | GrowthEPS=+6.5% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: -20%