ageas SA/NV
ageas SA/NV, together with its subsidiaries, engages in insurance business. The company operates through five segments: Belgium, Europe, Asia, Reinsurance, and General Account. It provides property, casualty, and life insurance products, as well as pension products; and reinsurance products. The company offers life insurance products include risks related to the health, life, and death of individ… Read more
ageas SA/NV (AGESF) - Net Assets
Latest net assets as of June 2025: $9.14 Billion USD
Based on the latest financial reports, ageas SA/NV (AGESF) has net assets worth $9.14 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($99.48 Billion) and total liabilities ($90.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.14 Billion |
| % of Total Assets | 9.19% |
| Annual Growth Rate | -17.26% |
| 5-Year Change | -36.13% |
| 10-Year Change | -26.54% |
| Growth Volatility | 162.47 |
ageas SA/NV - Net Assets Trend (2003–2024)
This chart illustrates how ageas SA/NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ageas SA/NV (2003–2024)
The table below shows the annual net assets of ageas SA/NV from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.80 Billion | +3.51% |
| 2023-12-31 | $8.50 Billion | -1.54% |
| 2022-12-31 | $8.63 Billion | -39.09% |
| 2021-12-31 | $14.17 Billion | +2.89% |
| 2020-12-31 | $13.77 Billion | +2.18% |
| 2019-12-31 | $13.48 Billion | +17.02% |
| 2018-12-31 | $11.52 Billion | +13.36% |
| 2017-12-31 | $10.16 Billion | -0.42% |
| 2016-12-31 | $10.21 Billion | -14.78% |
| 2015-12-31 | $11.97 Billion | +9.75% |
| 2014-12-31 | $10.91 Billion | +15.81% |
| 2013-12-31 | $9.42 Billion | -12.65% |
| 2012-12-31 | $10.79 Billion | -86.91% |
| 2011-12-31 | $82.39 Billion | +734.78% |
| 2010-12-31 | $9.87 Billion | -1.35% |
| 2009-12-31 | $10.00 Billion | -88.15% |
| 2008-12-31 | $84.43 Billion | -84.63% |
| 2007-12-31 | $549.24 Billion | -12.80% |
| 2006-12-31 | $629.86 Billion | +4.44% |
| 2005-12-31 | $603.09 Billion | +16.27% |
| 2004-12-31 | $518.71 Billion | +10.14% |
| 2003-12-31 | $470.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ageas SA/NV's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Billion | 19.38% |
| Other Components | $6.25 Billion | 80.62% |
| Total Equity | $7.75 Billion | 100.00% |
ageas SA/NV Competitors by Market Cap
The table below lists competitors of ageas SA/NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tsingtao Brewery Co Ltd
PINK:TSGTY
|
$10.79 Billion |
|
Kirin Holdings Co Ltd
PINK:KNBWY
|
$10.81 Billion |
|
BASF SE
F:BASA
|
$10.81 Billion |
|
Service Corporation International
NYSE:SCI
|
$10.82 Billion |
|
Aramark
LSE:0HHB
|
$10.78 Billion |
|
Trade Desk Inc
NASDAQ:TTD
|
$10.77 Billion |
|
Alcoa Corp
NYSE:AA
|
$10.77 Billion |
|
Gildan Activewear Inc.
NYSE:GIL
|
$10.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ageas SA/NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,422,000,000 to 7,752,000,000, a change of 330,000,000 (4.4%).
- Net income of 1,118,000,000 contributed positively to equity growth.
- Dividend payments of 584,000,000 reduced retained earnings.
- Share repurchases of 75,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,910,000,000.
- Other factors increased equity by 2,781,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.12 Billion | +14.42% |
| Dividends Paid | $584.00 Million | -7.53% |
| Share Repurchases | $75.00 Million | -0.97% |
| Other Comprehensive Income | $-2.91 Billion | -37.54% |
| Other Changes | $2.78 Billion | +35.87% |
| Total Change | $- | 4.45% |
Book Value vs Market Value Analysis
This analysis compares ageas SA/NV's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.78x to 1.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $76.70 | $60.12 | x |
| 2004-12-31 | $91.05 | $60.12 | x |
| 2005-12-31 | $119.62 | $60.12 | x |
| 2006-12-31 | $130.22 | $60.12 | x |
| 2007-12-31 | $164.26 | $60.12 | x |
| 2008-12-31 | $29.59 | $60.12 | x |
| 2009-12-31 | $33.73 | $60.12 | x |
| 2010-12-31 | $33.22 | $60.12 | x |
| 2011-12-31 | $30.47 | $60.12 | x |
| 2012-12-31 | $41.70 | $60.12 | x |
| 2013-12-31 | $37.19 | $60.12 | x |
| 2014-12-31 | $45.72 | $60.12 | x |
| 2015-12-31 | $52.63 | $60.12 | x |
| 2016-12-31 | $45.76 | $60.12 | x |
| 2017-12-31 | $47.58 | $60.12 | x |
| 2018-12-31 | $47.79 | $60.12 | x |
| 2019-12-31 | $58.26 | $60.12 | x |
| 2020-12-31 | $61.43 | $60.12 | x |
| 2021-12-31 | $63.74 | $60.12 | x |
| 2022-12-31 | $37.84 | $60.12 | x |
| 2023-12-31 | $40.38 | $60.12 | x |
| 2024-12-31 | $42.22 | $60.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ageas SA/NV utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.19%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 12.70x
- Recent ROE (14.42%) is above the historical average (-9.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 14.76% | 3.50% | 0.10x | 43.99x | $565.60 Million |
| 2004 | 16.38% | 3.27% | 0.13x | 39.72x | $917.00 Million |
| 2005 | 20.82% | 4.44% | 0.12x | 38.51x | $2.05 Billion |
| 2006 | 21.08% | 4.58% | 0.12x | 37.55x | $2.29 Billion |
| 2007 | 12.09% | 27.98% | 0.02x | 26.36x | $689.30 Million |
| 2008 | -412.02% | -323.89% | 0.09x | 13.67x | $-28.68 Billion |
| 2009 | 15.93% | 8.43% | 0.17x | 11.17x | $495.20 Million |
| 2010 | 4.41% | 2.61% | 0.14x | 12.02x | $-460.91 Million |
| 2011 | -7.45% | -4.96% | 0.13x | 11.68x | $-1.35 Billion |
| 2012 | 7.50% | 5.10% | 0.15x | 9.80x | $-248.06 Million |
| 2013 | 6.68% | 4.53% | 0.13x | 11.23x | $-283.01 Million |
| 2014 | 4.65% | 3.45% | 0.13x | 10.13x | $-546.73 Million |
| 2015 | 6.77% | 5.86% | 0.13x | 9.18x | $-367.41 Million |
| 2016 | 0.28% | 0.21% | 0.12x | 10.91x | $-928.96 Million |
| 2017 | 6.48% | 5.26% | 0.11x | 10.75x | $-337.89 Million |
| 2018 | 8.60% | 7.31% | 0.11x | 10.80x | $-132.04 Million |
| 2019 | 8.72% | 6.94% | 0.13x | 9.75x | $-143.13 Million |
| 2020 | 9.87% | 9.86% | 0.10x | 9.64x | $-14.50 Million |
| 2021 | 7.09% | 6.55% | 0.12x | 9.33x | $-346.40 Million |
| 2022 | 15.73% | 22.42% | 0.05x | 14.38x | $399.50 Million |
| 2023 | 12.84% | 12.09% | 0.08x | 13.03x | $210.80 Million |
| 2024 | 14.42% | 13.19% | 0.09x | 12.70x | $342.80 Million |
Industry Comparison
This section compares ageas SA/NV's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $31,921,270,556
- Average return on equity (ROE) among peers: 13.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ageas SA/NV (AGESF) | $9.14 Billion | 14.76% | 9.88x | $10.79 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |