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IAG · ASX

Insurance Australia Group Ltd (ASX:IAG)

AU$6.2

 0.01 (0.162%)
ASX:Live
29/02/2024 04:10:43 PM
Short Term Trend - Long Hammer Bullish HALO Ords HALO MQV HALO Momentum +8
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

IAG Overview

IAG Health Scores

Short Term

Mean Revision

Neutral

Trend

Very Weak

Event

Neutral

Halo Model

MQV

Very Weak

GARP

Neutral

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Neutral

Growth

Earnings

Strong

Dividends

Very Weak

Quality

Capital Efficiency

Weak

Balance Sheet

Strong

About IAG

Telephone

Address

Description

Insurance Australia Group Ltd. engages in underwriting of general insurance and related corporate services. It operates through the following business divisions: Direct Insurance Australia, Intermediated Insurance Australia, New Zealand, and Corporate and Other. The Direct Insurance Australia division provides personal lines, some commercial lines, and general insurance products sold to customers under the NRMA, SGIO, SGIC, the RACV in Victoria, as well as the CGU and Poncho brands. The Intermediated Insurance Australia division offers commercial lines, personal lines, and general insurance products sold to customers through intermediaries including brokers, authorized representatives, and distribution partners under the CGU and WFI brands, as well as the Coles insurance brand via a distribution agreement with Coles. The New Zealand division deals with general insurance products underwritten in New Zealand. The Corporate and Other division represents other activities, including corporate services, capital management activity, shareholders’ funds investment activities, inward reinsurance from associates, investment in associates, and other businesses that offer products and services that are adjacent to IAG's insurance business. The company was founded in 1925 and is headquartered Sydney, Australia.

IAG Price Chart

Key Stats

Market Cap

AU$14.65B

PE

26.60

EV/EBITDA

12.7

Dividends Overview

DIV Yield

2.7%

Franking

40%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 4.48 - 6.38

Trade Value (12mth)

AU$9,326,695.00

1 week

1.64%

1 month

3.34%

YTD

11.53%

1 year

33.12%

All time high

8.89856

Key Fundamentals

EPS 3 yr Growth

80.600%

EBITDA Margin

0.00%

Operating Cashflow

$452m

Free Cash Flow Return

5.10%

ROIC

9.30%

Interest Coverage

0.00

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

2820m

HALO Sector

Next Company Report Date

21-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.53

IAG Announcements

Latest Announcements

Date Announcements

16 February 24

IAG 1H24 Appendix 4D and Half Year Report

×

IAG 1H24 Appendix 4D and Half Year Report

16 February 24

Dividend/Distribution - IAG

×

Dividend/Distribution - IAG

16 February 24

IAG Announces 1H24 Results

×

IAG Announces 1H24 Results

16 February 24

IAG 1H24 Results Presentation

×

IAG 1H24 Results Presentation

16 February 24

Dividend/Distribution - IAGPE

×

Dividend/Distribution - IAGPE

16 February 24

Notification of buy-back - IAG

×

Notification of buy-back - IAG

16 February 24

Insurance Australia Group Ltd - IAG 1H24 Appendix 4D and Half Year Report (IAG-AU)

×

Insurance Australia Group Ltd - IAG 1H24 Appendix 4D and Half Year Report (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Dividend/Distribution - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Dividend/Distribution - IAG (IAG-AU)

16 February 24

Insurance Australia Group Ltd - IAG Announces 1H24 Results (IAG-AU)

×

Insurance Australia Group Ltd - IAG Announces 1H24 Results (IAG-AU)

16 February 24

Insurance Australia Group Ltd - IAG 1H24 Results Presentation (IAG-AU)

×

Insurance Australia Group Ltd - IAG 1H24 Results Presentation (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Dividend/Distribution - IAGPE (IAG-AU)

×

Insurance Australia Group Ltd - Dividend/Distribution - IAGPE (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Notification of buy-back - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Notification of buy-back - IAG (IAG-AU)

16 February 24

Insurance Australia Group Ltd - IAG 1H24 Appendix 4D and Half Year Report (IAG-AU)

×

Insurance Australia Group Ltd - IAG 1H24 Appendix 4D and Half Year Report (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Dividend/Distribution - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Dividend/Distribution - IAG (IAG-AU)

16 February 24

Insurance Australia Group Ltd - IAG Announces 1H24 Results (IAG-AU)

×

Insurance Australia Group Ltd - IAG Announces 1H24 Results (IAG-AU)

16 February 24

Insurance Australia Group Ltd - IAG 1H24 Results Presentation (IAG-AU)

×

Insurance Australia Group Ltd - IAG 1H24 Results Presentation (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Dividend/Distribution - IAGPE (IAG-AU)

×

Insurance Australia Group Ltd - Dividend/Distribution - IAGPE (IAG-AU)

16 February 24

Insurance Australia Group Ltd - Notification of buy-back - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Notification of buy-back - IAG (IAG-AU)

07 February 24

NRMBS Trust 2016-1 2023 Financial Report (NRM-AU)

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NRMBS Trust 2016-1 2023 Financial Report (NRM-AU)

16 January 24

Notification regarding unquoted securities - IAG

×

Notification regarding unquoted securities - IAG

16 January 24

Insurance Australia Group Ltd - Notification regarding unquoted securities - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Notification regarding unquoted securities - IAG (IAG-AU)

16 January 24

Insurance Australia Group Ltd - Notification regarding unquoted securities - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Notification regarding unquoted securities - IAG (IAG-AU)

15 January 24

Notification of cessation of securities - IAG

×

Notification of cessation of securities - IAG

15 January 24

Insurance Australia Group Ltd - Notification of cessation of securities - IAG (IAG-AU)

×

Insurance Australia Group Ltd - Notification of cessation of securities - IAG (IAG-AU)

IAG Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.18 0.14 0.34 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.18 0.13 0.32 Lock Lock Lock
     Growth % Lock Lock Lock Lock -194.9 179.1 140.7 Lock Lock Lock
     PE X Lock Lock Lock Lock 18.1 35.6 26.6 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 9.2 15.6 12.7 Lock Lock Lock
CFPS $ Lock Lock Lock Lock -0.10 0.49 0.46 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.41 -0.36 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock -140.6 582.1 -5.8 Lock Lock Lock
     Yield % Lock Lock Lock Lock -7.9 -8.3 0.0 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.20 0.11 0.15 Lock Lock Lock
     Growth % Lock Lock Lock Lock 100.0 -45.0 36.4 Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.6 2.4 2.7 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 78 44 Lock Lock Lock
BPS $ Lock Lock Lock Lock 2.53 2.50 2.72 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.23 1.12 1.24 Lock Lock Lock
     Growth % Lock Lock Lock Lock -3.6 -9.1 10.7 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 2,396 2,760 2,845 Lock Lock Lock
Basic m Lock Lock Lock Lock 2,396 2,462 2,453 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 7,986 8,272 8,926 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.8 3.6 7.9 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 2,420 2,051 2,158 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 267 139 185 Lock Lock Lock
EBIT $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -423 547 1,367 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock -125 140 429 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -427 347 832 Lock Lock Lock
     Growth % Lock Lock Lock Lock -197.7 181.3 139.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock -5.3 4.2 9.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 1,610 900 452 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 2,409 1,426 0 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -2,418 -1,459 394 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 516 -527 -437 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -799 -526 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A 34.2 100.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.1 -0.1 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 141 256 291 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 33,458 34,157 35,027 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 2,493 2,510 2,562 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 574 1,646 1,283 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 26,902 27,657 27,978 Lock Lock Lock
Equity $m Lock Lock Lock Lock 6,246 6,163 6,650 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 8,739 8,673 9,212 Lock Lock Lock
     Growth % Lock Lock Lock Lock 6.9 -0.8 6.2 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -1.3 1.0 2.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -6.8 5.6 12.5 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock -3.8 7.0 16.1 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -4.9 4.0 9.3 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 19.0 10.3 5.1 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 9.2 26.7 19.3 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.8 0.8 0.9 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 9.8 5.3 2.7 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 18.2 18.9 18.8 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.3 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.3 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -5.3 6.6 15.3 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -1.3 1.6 3.9 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock N/A 25.6 31.4 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -1.3 1.0 2.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 5.4 5.5 5.3 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -6.8 5.6 12.5 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 212.2 21.9 55.8 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -14.5 1.2 7.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

2.7%

Franking Level

40%

DPSg

36.36%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.53%

Value ($M)

76

Prior Change

-0.10%

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

-0.80%

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IAG Shortsell

Frequently Asked Questions

The current share price of Insurance Australia Group Ltd (IAG:ASX) is AU$6.2.
The 52-week high share price for Insurance Australia Group Ltd (IAG:ASX) is AU$6.38.
The 52-week low share price for Insurance Australia Group Ltd (IAG:ASX)? is AU$4.48.
The current TTM dividend payout for Insurance Australia Group Ltd (IAG:ASX) is 2.70.
The last dividend payment of Insurance Australia Group Ltd (IAG:ASX) is AU$0.10.
Insurance Australia Group Ltd (IAG:ASX) has a franking level of 40%.
Insurance Australia Group Ltd (IAG:ASX) is classified in the Other Finance.
The current P/E ratio for Insurance Australia Group Ltd (IAG:ASX) is 26.60.