Ageas/€AGS
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Ageas
Ageas is an international insurance group headquartered in Brussels, Belgium. The company primarily operates in the insurance industry, offering a wide range of life and non-life insurance products. Ageas serves customers across Europe and Asia through wholly-owned subsidiaries and partnerships, focusing on markets such as Belgium, the UK, and various Asian countries. The group traces its origins back to the 19th century but was re-established as Ageas in 2010 following the dismantling of the Fortis group. Ageas is strategically positioned with a diversified portfolio and strong presence in both mature and emerging markets, supported by its expertise in bancassurance and multi-channel distribution networks.
- Ticker
- €AGS
- Sector
- Finance
- Primary listing
- BSE
- Employees
- 19,958
- Headquarters
- Brussels, Belgium
- Website
- www.ageas.com
Ageas Metrics
BasicAdvanced
€17B
8.24
€9.67
0.53
€2.63
3.29%
Price and volume
Market cap
€17B
Beta
0.53
52-week high
€79.80
52-week low
€56.25
Average daily volume
252K
Dividend rate
€2.63
Financial strength
Current ratio
6.024
Quick ratio
5.155
Long term debt to equity
0.592
Total debt to equity
0.783
Dividend payout ratio (TTM)
40.56%
Interest coverage (TTM)
3.27%
Profitability
EBITDA (TTM)
1,246
Gross margin (TTM)
27.24%
Net profit margin (TTM)
17.67%
Operating margin (TTM)
8.76%
Effective tax rate (TTM)
11.39%
Revenue per employee (TTM)
€530,000
Management effectiveness
Return on assets (TTM)
0.56%
Return on equity (TTM)
19.75%
Valuation
Price to earnings (TTM)
8.243
Price to revenue (TTM)
1.452
Price to book
1.62
Price to tangible book (TTM)
2.84
Price to free cash flow (TTM)
4.991
Free cash flow yield (TTM)
20.04%
Free cash flow per share (TTM)
15.978
Dividend yield (TTM)
3.29%
Growth
Revenue change (TTM)
23.53%
Earnings per share change (TTM)
54.77%
3-year revenue growth (CAGR)
5.56%
10-year revenue growth (CAGR)
-2.48%
3-year earnings per share growth (CAGR)
21.25%
10-year earnings per share growth (CAGR)
24.48%
3-year dividend per share growth (CAGR)
7.72%
10-year dividend per share growth (CAGR)
8.56%
What the Analysts think about Ageas
Analyst ratings (Buy, Hold, Sell) for Ageas stock.
Analyst projections of the future price of Ageas stock.
Bulls say / Bears say
Ageas’s first-half net operating result rose 6% to €776 million, with life profit up 17% and like-for-like inflows increasing across life and non-life. That shows earnings growth despite a difficult period for weather-related claims. (Ageas)
Ageas expects more than €1.4 billion of cash upstream in 2026 and announced a €1.50 interim dividend per share. Strong cash generation gives the group room to fund shareholder returns and future investment. (Ageas)
The sale of Ageas’s Malaysian stake to Maybank for €1.1 billion crystallises value and is expected to generate a €450 million gain, while supporting its capital position. Meanwhile, full ownership of AG Insurance secures greater control of its Belgian business, with its bancassurance partnership renewed for 15 years. (Ageas, Reinsurance News)
Adverse weather in Belgium and Portugal cost Ageas about €180 million in the first half and pushed its non-life combined ratio to 95.2%, from 92.1% a year earlier. More severe weather could weigh on underwriting profits again. (Ageas)
The UK business faces integration work after the esure and Saga deals, while Ageas plans to cut almost half its directly employed UK workforce and rely more on outsourced roles. That creates execution and service risks as the enlarged operation is brought together. (Insurance Business)
The stronger 2026 profit outlook includes a €450 million gain from the Malaysian sale, while management said higher cash upstreams from China and Thailand include exceptional dividends. These items may not recur, so headline guidance and cash generation could overstate the sustainable run rate. (Ageas, StockAnalysis)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2026.
Ageas Financial Performance
Revenues and expenses
Ageas Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Ageas
AllEURUSDGBP
Fund name | Fund size | €AGS weighting |
|---|---|---|
SPDR S&P Euro Dividend Aristocrats€EUDV | €1.8B | 3.92% |
SPDR S&P Euro Dividend Aristocrats£EUDV | €1.8B | 3.92% |
iShares Euro Dividend€IDVY | €1.6B | 3.89% |
iShares EURO STOXX Select Dividend 30€EXSG | €625M | 3.88% |
iShares STOXX Europe Select Dividend 30€EXSH | €1.4B | 3.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.