ageas SA/NV stock
AGS.BRBRUFinancial ServicesISIN BE0974264930
80Score 80 out of 100, Strong
Price and trend
77 / 100
Price history
+36% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 14% above it.
Since December 2023 the 50-day line has been above the 200-day line; the trend has turned up.
Overheated: the price has risen very quickly lately (RSI 80).
The price is at its 52-week high. Largest decline in 20 years: 98% (May 2007 to November 2008).
Chart figures for advanced users
- SMA 50$83.48
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$77.03
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)80
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$62.70
- The lowest closing price of the last twelve months.
- Resistance$88.29
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- ageas SA/NV belongs to the Insurance (Diversified) industry (Belgium) and, with a market value of $18.45B, is number 19 of 43 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $1.9B (up 53.1% year on year).
- For fiscal 2026, analysts expect on average adjusted earnings per share of $10.67 (up 8.3%).
Show more
- MEQIRI Score 80 out of 100 (Strong): rank 81 of 976 in Financial Services, median 68.
- The P/E is 8.3 (Insurance (Diversified) median 13.9, own median of recent years 7.7).
- Our model puts fair value at $161.86, with the price 46% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on equityReturn on equity 19.1% over the last 12 months.Profitability 73
- Below fair valuePrice 46% below the fair value of $161.86.Valuation 100
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 93
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are valuation and fundamentals.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 81 to 80.
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What lowers it
- calm price action
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $134.88 and expensive above $202.32 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $176.42 (excess return model) and $147.29 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.7%. At 8.7% the fair value would be $147.15, at 6.7% it would be $183.91.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (13.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 23.7% on the twelve months before. Revenue has changed sharply in recent years: $10.06B in 2025 after $5.45B in 2022. From 2007 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2007 are not measured.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 24%, net 19%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. From 2007 revenue only includes continuing operations, sold or discontinued divisions have been reclassified. Earlier years are not comparable and not shown, and the margins for 2007 are not measured.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 24 Feb 2027in 104 days
- Last reported
- 27 Aug 2026EPS reported $4.32 (expected $4.02)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $10.67−0.1%
- Revenue
- $10.2B0.0%
- Earnings per share
- $9.57+0.5%
- Revenue
- $10.85B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +0.3%Guidance raised: 2026 net operating result above EUR 1.95 billion and cash upstream above EUR 1.4 billion versus the original EUR 1.2 billion.
“Operational capital generation remained strong at EUR 1.1 billion, while we now anticipate a cash upstream above EUR 1.4 billion for the full year 2026, significantly above our original guidance of EUR 1.2 billion and 49% higher than last year.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at ageas SA/NV
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 80
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Insurance (Diversified)
The next larger and next smaller companies by market value
- SampoSAMPO.HE $29.04B75
- Helvetia HoldingHBAN.SW $27.18B56
- Unipol GruppoUNI.MI $24.35B77
- NN GroupNN.AS $23.51B68
- ASR NederlandASRNL.AS $17.73B69
- MapfreMAP.MC $14.55B73
- TrygTRYG.CO $14.52B66
- Gjensidige ForsikringGJF.OL $14.05B78
ETFs that hold ageas SA/NV
Held by 149 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Deka EURO STOXX Select Dividend 30 UCITS ETFEL4G | 3.88% | 0.32% | €353.06M |
| Amundi Euro Stoxx Select Dividend30 UCITS ETF DistC051 | 3.88% | 0.25% | €138.26M |
| iShares Euro Dividend UCITS ETF EUR DistIQQA | 3.86% | 0.40% | €1.66B |
Show 5 more
| State Street SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)SPYW | 3.82% | 0.30% | €1.87B |
| iShares STOXX Europe Select Dividend 30 UCITS ETF (DE)EXSH | 3.03% | 0.31% | €1.38B |
| UBS Factor MSCI EMU Low Volatility UCITS ETF EUR disUIMY | 2.13% | 0.25% | €9.25M |
| Invesco EURO STOXX High Dividend Low Volatility UCITS ETFEHDV | 2.05% | 0.30% | €591.5M |
| UBS Factor MSCI EMU Prime Value Screened UCITS ETF EUR disUIMZ | 1.68% | 0.25% | €67.65M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.