REINSURANCE GROUP OF AMERICA, INCORPORATED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 188.8 USD | -1.19% |
|
+1.21% | +16.69% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,209 | 7,874 | 7,402 | 9,497 | 10,662 | 12,419 | - | - |
| Enterprise Value (EV) 1 | 12,339 | 11,447 | 11,069 | 13,458 | 12,119 | 14,023 | 14,194 | 14,285 |
| P/E ratio | 12 x | 18.4 x | 12.1 x | 15.4 x | 12 x | 10 x | 9.16 x | 8.12 x |
| Yield | 1.66% | 2.42% | 2.61% | 2.15% | 2.04% | 1.87% | 2.01% | 2.19% |
| Capitalization / Revenue | 0.71 x | 0.54 x | 0.44 x | 0.58 x | 0.57 x | 0.65 x | 0.62 x | 0.58 x |
| EV / Revenue | 0.86 x | 0.78 x | 0.66 x | 0.83 x | 0.65 x | 0.74 x | 0.7 x | 0.67 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | 23.4 x | - | - |
| FCF Yield | - | - | - | - | - | 4.28% | - | - |
| Price to Book | 0.88 x | 0.55 x | 0.57 x | 2.29 x | 1.17 x | 1.24 x | 1.13 x | 1.05 x |
| Nbr of stocks (in thousands) | 62,611 | 67,937 | 67,600 | 66,836 | 65,906 | 65,786 | - | - |
| Reference price 2 | 163.1 | 115.9 | 109.5 | 142.1 | 161.8 | 188.8 | 188.8 | 188.8 |
| Announcement Date | 1/28/20 | 2/8/21 | 2/3/22 | 2/2/23 | 2/1/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 14,300 | 14,596 | 16,658 | 16,258 | 18,567 | 19,031 | 20,142 | 21,334 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 1,272 | 797 | 248 | 1,445 | 1,956 | 1,854 | 1,954 | 2,180 |
| Operating Margin | 8.9% | 5.46% | 1.49% | 8.89% | 10.53% | 9.74% | 9.7% | 10.22% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 1,160 | 1,696 | 1,841 | 1,984 |
| Net income 1 | 870 | 415 | 617 | 623 | 902 | 1,239 | 1,340 | 1,490 |
| Net margin | 6.08% | 2.84% | 3.7% | 3.83% | 4.86% | 6.51% | 6.65% | 6.98% |
| EPS 2 | 13.62 | 6.310 | 9.040 | 9.210 | 13.44 | 18.80 | 20.61 | 23.25 |
| Free Cash Flow 1 | - | - | - | - | - | 600 | - | - |
| FCF margin | - | - | - | - | - | 3.15% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | 48.43% | - | - |
| Dividend per Share 2 | 2.700 | 2.800 | 2.860 | 3.060 | 3.300 | 3.524 | 3.791 | 4.126 |
| Announcement Date | 1/28/20 | 2/8/21 | 2/3/22 | 2/2/23 | 2/1/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,043 | 4,359 | 3,930 | 3,887 | 4,066 | 4,375 | 4,251 | 4,156 | 5,153 | 5,007 | 4,550 | 4,647 | 4,943 | 4,944 | 4,783 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -48 | -38 | 101 | 547 | 498 | 299 | 506 | 439 | 550 | 455 | 423 | 443 | 452 | 451 | - |
| Operating Margin | -1.19% | -0.87% | 2.57% | 14.07% | 12.25% | 6.83% | 11.9% | 10.56% | 10.67% | 9.09% | 9.3% | 9.53% | 9.14% | 9.12% | - |
| Earnings before Tax (EBT) 1 | -34 | 57 | -60 | 254 | 366 | 271 | 351 | 265 | 380 | 164 | 400 | 428.5 | 431.5 | 435.5 | 431 |
| Net income 1 | -22 | 156 | -63 | 198 | 284 | 204 | 252 | 205 | 287 | 158 | 300 | 319.5 | 325.5 | 328.5 | 323.5 |
| Net margin | -0.54% | 3.58% | -1.6% | 5.09% | 6.98% | 4.66% | 5.93% | 4.93% | 5.57% | 3.16% | 6.59% | 6.88% | 6.58% | 6.64% | 6.76% |
| EPS 2 | -0.3200 | 2.300 | -0.9300 | 2.920 | 4.190 | 3.020 | 3.720 | 3.050 | 4.290 | 2.370 | 4.405 | 4.707 | 4.817 | 4.867 | 5.107 |
| Dividend per Share 2 | 0.7300 | 0.7300 | 0.7300 | 0.8000 | 0.8000 | 0.7300 | 0.8000 | 0.8000 | - | 0.8500 | 0.8500 | 0.8500 | 0.9014 | 0.9014 | 0.9105 |
| Announcement Date | 11/4/21 | 2/3/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/2/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,130 | 3,573 | 3,667 | 3,961 | 1,457 | 1,604 | 1,775 | 1,866 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | - | - | 600 | - | - |
| ROE (net income / shareholders' equity) | 10.5% | 3.82% | 0.84% | 7.26% | 14.4% | 13.2% | 13% | 13.3% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 185.0 | 211.0 | 194.0 | 62.20 | 138.0 | 152.0 | 167.0 | 180.0 |
| Cash Flow per Share | - | 50.50 | - | 19.80 | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 1/28/20 | 2/8/21 | 2/3/22 | 2/2/23 | 2/1/24 | - | - | - |
1USD in Million2USD
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
188.8
USD
Average target price
208.9
USD
Spread / Average Target
+10.66%
EPS Revisions
- Stock Market
- Equities
- RGA Stock
- Financials Reinsurance Group of America, Incorporated
