profit from every €100 of sales.
€0€100
ageas SA/NV
€78.80-0.88% today
+33.2% since Dec 18, 25
1-year low €57.951-year high €79.50
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €9.63 for every €1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What ageas SA/NV sold, what it kept, and what it did with the cash.
Sales went from €4.89 billion in 2022 to €9.04 billion in 2025, with €1.71 billion of profit last year.
SalesProfit
ageas SA/NV handed back 30% of the cash it generated last year.
€657M
Free cash flow 2025€2.6B
Bought back its own shares€125M
Paid as dividends€657M
Cash vs. debt€3.1B vs. €7.1B
ageas SA/NV vs. similar companies
ageas SA/NV grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| ageas SA/NV | 9.6× · Cheap | ||
 Allianz | 16.6× · Fair price | ||
 Zurich Insurance Group | 17.1× · Fair price | ||
 AXA SA | 9.9× · Cheap | ||
 Assicurazioni Generali | 16.2× · Fair price |
AI analysis
An AI analyst reads ageas SA/NV's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4,894 | 7,880 | 8,637 | 9,044 | |
| – | – | – | – | |
| – | – | – | – | |
| 2,031 | 2,045 | 2,171 | 2,817 | |
| 1,097 | 953 | 1,118 | 1,712 | |
| 5.95 | 5.19 | 6.09 | 9.09 | |
| – | – | – | – | |
| – | – | – | – | |
| 22.4% | 12.1% | 12.9% | 18.9% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 97,292 | 96,693 | 98,455 | 107,073 |
| Cash | 1,176 | 1,875 | 2,076 | 3,102 |
| Total debt | 4,443 | 4,585 | 4,749 | 7,127 |
| Total liabilities | 89,356 | 88,194 | 89,658 | 95,570 |
| 6,975 | 7,422 | 7,752 | 9,441 | |
| 184 | 184 | 184 | 188 | |
| 10.1% | 9.9% | 10.4% | 10.4% | |
| 15.7% | 12.8% | 14.4% | 18.1% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,019 | 121 | 1,045 | 2,898 | |
| 160 | 239 | 403 | 322 | |
| 859 | -118 | 642 | 2,576 | |
| Dividends paid | 765 | 540 | 584 | 657 |
| 93 | 3 | 75 | 125 | |
| 3 | -2 | 5 | 6 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 9.6×
- –
- 0.63
- 1.5×
- 1.8×
- 10.4%
- 4.0%
Profitability
- 18.9%
- 10.4%
- 10.2%
- –
- –
Growth
- +22.7%
- +15.2%
- –
- +0.7%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 23%of 828
Top 25%of 875
Top 19%of 878
Top 15%of 926
4.0%of the share price, paid each year
On $1,000 invested$40a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
38.4% of its profit
Room to growStretchedMore than it earns: 25.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
66Pass
Benjamin Graham
82Pass
Philip Fisher
67Pass
Peter Lynch
79Pass
Joel Greenblatt
53No pass
Charlie Munger
60Pass
Terry Smith
58No pass
Questions about ageas SA/NV
Is ageas SA/NV a good stock to buy?
A solid business, and the price looks low. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ageas SA/NV AI analysis
What does ageas SA/NV do?
ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates through five segments: Belgium, Europe, Asia, Reinsurance, and General Account. It is in Insurance - Diversified, based in Brussels, Belgium, with 19,116 employees.
Does ageas SA/NV pay a dividend?
Yes. At today's price the dividend is 4.0% a year, about 38% of its yearly profit. In 2025 it paid out €657 million in dividends.
Is ageas SA/NV stock halal?
No. ageas SA/NV does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
Who are ageas SA/NV's competitors?
The largest listed companies in the same industry are Allianz, Zurich Insurance Group, AXA SA and Assicurazioni Generali. The peers table on this page compares their profit, growth and price with ageas SA/NV's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.