IAG · ASX

Insurance Australia Group Ltd (ASX:IAG)

AU$8.17

 -0.01 (-0.122%)
ASX:Live
21/11/2024 04:10:42 PM
Near Resistance Near 52 Week High Hammer Bearish HALO Price Momentum HALO Ords +8
Consensus Score
/10
Recommend
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IAG Overview

IAG Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Weak

GARP

Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Neutral

Growth

Earnings

Neutral

Dividends

Neutral

Quality

Capital Efficiency

Weak

Balance Sheet

Strong

About IAG

Website

Insurance Australia Group Ltd

Telephone

61.2.9292.9222

Address

Level 9 201 Sussex Street Tower Two, Darling Park Sydney, New South Wales (NSW) 2000

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$19.50B

PE

19.50

EV/EBITDA

16.3

Dividends Overview

DIV Yield

3.7%

Franking

50%

Ex Dividend Date (est.)

29-Aug-24

Market Data

52 weeks range

Low 5.5 - 8.29

Trade Value (12mth)

AU$9,067,717.00

1 week

2.51%

1 month

8.92%

YTD

47.39%

1 year

38.88%

All time high

8.90

Key Fundamentals

EPS 3 yr Growth

-309.40%

EBITDA Margin

0.00%

Operating Cashflow

$1,800m

Free Cash Flow Return

19.20%

ROIC

9.60%

Interest Coverage

0.00

Quick Ratio

0.00

Other Data

Shares on Issue (Fully Dilluted)

2755m

HALO Sector

Other Finance

Next Company Report Date

08-Aug-25

Ex Dividend Date (est.)

29-Aug-24

Next Dividend Pay Date (est.)

26-Sep-24

Reporting Currency

AUD

Short Sell (% of issue)

0.53

IAG Announcements

Latest Announcements

Date Announcements

21 November 24

Change in substantial holding

×

Change in substantial holding

21 November 24

Insurance Australia Group Ltd - Change in substantial holding (IAG-AU)

×

Insurance Australia Group Ltd - Change in substantial holding (IAG-AU)

21 November 24

Insurance Australia Group Ltd - Change in substantial holding (IAG-AU)

×

Insurance Australia Group Ltd - Change in substantial holding (IAG-AU)

15 November 24

NRMBS Trust 2016-1 (NRM) - (October) Investor Report (NRM-AU)

×

NRMBS Trust 2016-1 (NRM) - (October) Investor Report (NRM-AU)

13 November 24

Change of Director's Interest Notice - Nick Hawkins

×

Change of Director's Interest Notice - Nick Hawkins

13 November 24

Change of Director's Interest Notice - Wendy Thorpe

×

Change of Director's Interest Notice - Wendy Thorpe

13 November 24

Notification regarding unquoted securities - IAG

×

Notification regarding unquoted securities - IAG

13 November 24

Insurance Australia Group Ltd - Change of Director's Interest Notice - Nick Hawkins (IAG-AU)

×

Insurance Australia Group Ltd - Change of Director's Interest Notice - Nick Hawkins (IAG-AU)

13 November 24

Insurance Australia Group Ltd - Change of Director's Interest Notice - Wendy Thorpe (IAG-AU)

×

Insurance Australia Group Ltd - Change of Director's Interest Notice - Wendy Thorpe (IAG-AU)

13 November 24

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

×

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

13 November 24

Insurance Australia Group Ltd - Change of Director's Interest Notice - Nick Hawkins (IAG-AU)

×

Insurance Australia Group Ltd - Change of Director's Interest Notice - Nick Hawkins (IAG-AU)

13 November 24

Insurance Australia Group Ltd - Change of Director's Interest Notice - Wendy Thorpe (IAG-AU)

×

Insurance Australia Group Ltd - Change of Director's Interest Notice - Wendy Thorpe (IAG-AU)

13 November 24

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

×

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

06 November 24

Update - Notification of buy-back - IAG

×

Update - Notification of buy-back - IAG

06 November 24

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

×

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

06 November 24

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

×

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

01 November 24

Update - Notification of buy-back - IAG

×

Update - Notification of buy-back - IAG

01 November 24

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

×

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

01 November 24

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

×

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

31 October 24

Update - Notification of buy-back - IAG

×

Update - Notification of buy-back - IAG

31 October 24

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

×

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

31 October 24

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

×

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

28 October 24

Notification of cessation of securities - IAG

×

Notification of cessation of securities - IAG

IAG Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.14 0.34 0.37 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.13 0.32 0.36 Lock Lock Lock
     Growth % Lock Lock Lock Lock 179.1 138.7 10.9 Lock Lock Lock
     PE X Lock Lock Lock Lock 35.6 26.6 19.5 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 15.6 12.7 16.3 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.49 0.46 0.35 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.36 0.00 0.25 Lock Lock Lock
     Growth % Lock Lock Lock Lock 582.1 -7.2 -23.2 Lock Lock Lock
     Yield % Lock Lock Lock Lock -8.3 0.0 3.5 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.11 0.15 0.27 Lock Lock Lock
     Growth % Lock Lock Lock Lock -45.0 36.4 80.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 2.4 2.7 3.7 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 78 45 72 Lock Lock Lock
BPS $ Lock Lock Lock Lock 2.50 2.73 2.81 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.12 1.24 1.22 Lock Lock Lock
     Growth % Lock Lock Lock Lock -9.1 10.9 -1.1 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 2,760 2,845 2,784 Lock Lock Lock
Basic m Lock Lock Lock Lock 2,462 2,453 2,407 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 8,272 14,480 16,325 Lock Lock Lock
     Growth % Lock Lock Lock Lock 3.6 75.0 12.7 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 2,051 937 1,873 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 139 185 200 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 547 1,358 1,491 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 140 426 458 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 347 825 898 Lock Lock Lock
     Growth % Lock Lock Lock Lock 181.3 137.8 8.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 4.2 5.7 5.5 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 900 452 1,800 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 1,426 0 637 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -1,459 394 -628 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -527 -437 -682 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -526 0 1,163 Lock Lock Lock
     Growth % Lock Lock Lock Lock 34.2 100.0 N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.1 0.0 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 256 291 302 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 34,157 25,087 25,617 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 2,510 2,562 2,867 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 1,646 1,283 1,096 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 27,657 18,030 18,500 Lock Lock Lock
Equity $m Lock Lock Lock Lock 6,163 6,653 6,660 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 8,673 9,215 9,527 Lock Lock Lock
     Growth % Lock Lock Lock Lock -0.8 6.2 3.4 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 1.0 3.3 3.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.6 12.4 13.5 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 7.0 16.0 17.0 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 4.0 9.2 9.6 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 10.3 5.1 19.2 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 0.0 0.0 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 26.7 19.3 16.5 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.8 11.2 7.8 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 5.3 55.2 153.7 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 2.1 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 18.9 4.9 6.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.2 0.6 0.6 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.2 0.6 0.6 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 6.6 9.4 9.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 1.6 5.4 5.8 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 25.6 31.4 30.7 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 1.0 3.3 3.5 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 5.5 3.8 3.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.6 12.4 13.5 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 21.9 55.4 27.6 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 1.2 6.9 3.7 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

29-Aug-24

DIV Yield

3.7%

Franking Level

50%

DPSg

80.00%

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)

99

Prior Change

N/A

7 Day Change

0.10%

1 Month Change

0.10%

3 Month Change

0.20%

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IAG Shortsell

Frequently Asked Questions

The current share price of Insurance Australia Group Ltd (IAG:ASX) is AU$8.17.
The 52-week high share price for Insurance Australia Group Ltd (IAG:ASX) is AU$8.29.
The 52-week low share price for Insurance Australia Group Ltd (IAG:ASX)? is AU$5.50.
The current TTM dividend payout for Insurance Australia Group Ltd (IAG:ASX) is 3.70.
The last dividend payment of Insurance Australia Group Ltd (IAG:ASX) is AU$0.17.
Insurance Australia Group Ltd (IAG:ASX) has a franking level of 50.0%.
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 19.50.
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.