Ageas/€AGS
1D1W1MYTD1Y5YMAX
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
€16B
7.72
€9.67
0.53
€2.63
3.52%
Price and volume
Market cap
€16B
Beta
0.53
52-week high
€75.80
52-week low
€56.25
Average daily volume
237K
Dividend rate
€2.63
Financial strength
Current ratio
6.024
Quick ratio
5.155
Long term debt to equity
59.197
Total debt to equity
78.338
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)
7.719
Price to revenue (TTM)
1.36
Price to book
1.54
Price to tangible book (TTM)
2.69
Price to free cash flow (TTM)
4.674
Free cash flow yield (TTM)
21.40%
Free cash flow per share (TTM)
15.978
Dividend yield (TTM)
3.52%
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 delivered solid H1 2026 momentum: inflows increased 17% to €12.1 billion and net operating result rose 6% to €776 million, led by strong Life performance and resilient underlying Non-Life results despite adverse weather. (Reuters/The Insurer)
Management raised its outlook, expecting 2026 net operating result to exceed €1.95 billion and cash upstream to surpass €1.4 billion; the latter is 49% above 2025 and supports a planned €1.50 interim dividend per share. (Ageas)
The group is reshaping its portfolio through full ownership of AG Insurance and the €1.1 billion sale of its Malaysian stake to Maybank; Ageas said the Malaysian transaction should add about 23 percentage points to solvency at closing, strengthening capital flexibility. (Ageas)
Non-Life profitability weakened: H1 2026’s combined ratio rose to 95.2% from 92.1%, while Non-Life operating profit fell to €240 million from €263 million, as storms in Belgium and Portugal added roughly five percentage points. (Reuters/The Insurer)
Capital headroom narrowed, with the Solvency II ratio falling to 195% at June 30, 2026, from 211% at year-end 2025. Ageas attributed the decline to the Taiping Pension capital increase, debt effects and the downgrade of Belgian sovereign debt. (Ageas)
Portfolio changes create recurring-earnings trade-offs: the planned Malaysian disposal is expected to reduce 2026 earnings contribution by about €30 million, while Reinsurance operating profit dropped to €52 million from €87 million year-on-year. (Reuters/The Insurer)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Ageas Financial Performance
Revenues and expenses
Ageas Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Ageas
AllEURGBPUSD
Fund name | Fund size | €AGS weighting |
|---|---|---|
SPDR S&P Euro Dividend Aristocrats€EUDV | €1.8B | 3.79% |
SPDR S&P Euro Dividend Aristocrats£EUDV | £1.6B | 3.79% |
iShares Euro Dividend€IDVY | €1.7B | 3.73% |
iShares EURO STOXX Select Dividend 30€EXSG | €625M | 3.73% |
iShares STOXX Europe Select Dividend 30€EXSH | €1.4B | 2.93% |
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.