Skip to main content
Skip to main content
AGESF logo

ageas SA/NV (AGESF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$79.04 +$0.000001 (+0.00%) |CouncilBullish Lean · 67 · B+
MCap: $16.3B| P/E Ratio: 7.73| 52-wk range: $51.92 – $79.44

P/E 7.73 means the share price is 7.73 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $16.3B is the value of all shares combined. Beta 0.61: the stock has moved about 39% less than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

ageas SA/NV (AGESF) trades at $79.04. ageas SA/NV is a Belgian insurance company operating in Europe and Asia. Market cap: $16.3B, Sector: Financial services.

Price as of Sep 11, 2026 · Last analyzed: Mar 15, 2026
ageas SA/NV is a Belgian insurance company operating in Europe and Asia. It offers a range of life and non-life insurance products, serving individuals and businesses through brokers and bank channels.

Analyst Coverage for AGESF: AGESF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AGESF against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the AGESF film Every key number, told as a short cinematic story — just press play. ~2 min

Dated analysis: the newest financial statements on file are 24 months old (Sep 1, 2024), so the figures and score below describe that period, not today.

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 67/100 · B+

AGESF: 1/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Neutral read
Klarman-style lens (simulated)Seth Klarman
Favorable read
Moon AI lens (model)
Favorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Neutral
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

ageas SA/NV (AGESF) Financial Services Profile

CEOHans Jozef Josephina de Cuyper
Employees20,659
HeadquartersBrussels, BE
IPO Year2012

ageas SA/NV, a Belgian insurer with a history dating back to 1824, operates in Europe and Asia, providing life and non-life insurance products. The company distinguishes itself through a multi-channel distribution strategy, leveraging independent brokers and bank partnerships to serve a diverse customer base, while maintaining a focus on property, casualty, and pension solutions.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 15, 2026

What Is the Investment Thesis for AGESF?

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

With a P/E ratio of 7.73 and a profit margin of 13.4%, ageas demonstrates financial stability and profitability. Key catalysts include expansion in Asian markets and continued growth in its pension products segment. Potential risks include regulatory changes in the insurance industry and fluctuations in interest rates impacting investment returns. The company's beta of 0.61 suggests lower volatility compared to the overall market.

Based on FMP financials and quantitative analysis

AGESF Key Highlights

AI-written as of Mar 15, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $16.3B, reflecting substantial investor confidence.

  • P/E ratio of 7.73, indicating a potentially undervalued stock compared to industry peers.
  • Profit margin of 13.4%, demonstrating efficient operations and profitability.
  • Gross margin of 100.0%, reflecting the nature of the insurance business model.
  • Dividend yield of 5.87%, providing a significant income stream for investors.

Who Are AGESF's Competitors?

AGESF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
AEGOF Aegon N.V. $9.21 0.00% $13.9B
AGRPY Absa Group Limited $28.95 +0.18% $12.0B
ALBKY Alpha Services and Holdings S.A. $1.34 +3.08% $12.4B 449-signal
BKKPF Bangkok Bank Public Company Limited $5.81 0.00% $11.1B
BLHEF Bâloise Holding AG $236.05 -4.37% $10.7B
BBSEY BB Seguridade Participações S.A. $8.10 +0.50% $15.7B 509-signal
RZC Reinsurance Group of America, Inc. $25.55 -0.16% $15.5B 755-pillar
ACGLP Arch Capital Group Ltd. $24.99 +0.04% $15.2B

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are AGESF's Key Strengths?

Strong brand reputation and long history.

  • Diversified product portfolio.
  • Extensive distribution network.
  • Presence in both mature and emerging markets.

What Are AGESF's Weaknesses?

Exposure to regulatory changes in the insurance industry.

  • Sensitivity to interest rate fluctuations.
  • Competition from larger global insurers.
  • Potential for claims volatility.

What Could Drive AGESF Stock Higher?

Expansion into new Asian markets, driving revenue growth.

  • Digital transformation initiatives improving customer experience and operational efficiency.
  • Growth in demand for pension products due to aging populations.
  • Strategic partnerships expanding distribution network.
  • Product innovation with new insurance offerings.

What Are the Key Risks for AGESF?

Financial-distress signal — its Altman Z-Score of 0.15 sits in the distress zone (elevated bankruptcy risk).

  • Regulatory changes in the insurance industry impacting profitability.
  • Economic downturns reducing demand for insurance products.
  • Cybersecurity risks leading to data breaches and financial losses.
  • Natural disasters resulting in significant claims payouts.
  • Competition from larger global insurers.

What Are the Growth Opportunities for AGESF?

  • Expansion in Asian Markets: ageas has a significant opportunity to expand its presence in Asian markets, leveraging the region's rapid economic growth and increasing demand for insurance products. The Asian insurance market is projected to grow at a rate of 6-8% annually over the next five years. By strengthening its partnerships and developing tailored products for local markets, ageas can capture a larger share of this growing market.
  • Growth in Pension Products: The increasing aging population in Europe and Asia is driving demand for pension products. ageas can capitalize on this trend by offering innovative and flexible pension solutions. The global pension market is estimated to be worth trillions of dollars, providing a substantial growth opportunity for ageas. Focus on sustainable and responsible investment strategies will attract environmentally and socially conscious investors.
  • Digital Transformation: Investing in digital technologies to enhance customer experience and improve operational efficiency is crucial for ageas. This includes developing mobile apps, streamlining online claims processing, and leveraging data analytics to personalize insurance offerings. Digital transformation can lead to cost savings, increased customer satisfaction, and a competitive advantage.
  • Strategic Partnerships: Forming strategic partnerships with banks, brokers, and other financial institutions can expand ageas' distribution network and reach new customer segments. Collaborating with fintech companies can also provide access to innovative technologies and new business models. These partnerships can accelerate growth and enhance ageas' market position.
  • Product Innovation: Developing new and innovative insurance products that cater to evolving customer needs is essential for maintaining a competitive edge. This includes offering cyber insurance, parametric insurance, and other specialized coverage options. By staying ahead of market trends and anticipating future risks, ageas can attract new customers and increase revenue.

What Are AGESF's Competitive Advantages?

  • Established brand reputation built over nearly two centuries.
  • Diversified product portfolio covering a wide range of insurance needs.
  • Extensive distribution network through independent brokers and bank channels.
  • Strong presence in both mature European markets and high-growth Asian markets.

What Does AGESF Do?

ageas SA/NV, founded in 1824 and headquartered in Brussels, Belgium, is a multinational insurance company operating in Europe and Asia. The company has evolved from its origins as a Belgian insurer to a diversified group offering a comprehensive suite of insurance products and services. ageas provides life insurance, covering risks related to life and death, and non-life insurance, including accident and health, motor, fire, and other property damage coverage. Additionally, ageas offers pension and reinsurance products. ageas distributes its products through a multi-channel approach, primarily utilizing independent brokers and bank channels. This strategy allows the company to reach a broad customer base, including private individuals, small and medium-sized enterprises (SMEs), and large corporations. ageas has strategically expanded its presence in Asia, recognizing the growth potential in emerging markets. The company's competitive positioning is based on its established brand, diversified product portfolio, and extensive distribution network.

What Products and Services Does AGESF Offer?

  • Offers life insurance products covering risks related to life and death.
  • Provides non-life insurance products, including accident and health, motor, and fire coverage.
  • Offers property damage coverage, protecting against property losses.
  • Provides reinsurance products to other insurance companies.
  • Distributes insurance products through independent brokers and bank channels.
  • Serves private individuals, small and medium-sized enterprises (SMEs), and large companies.
  • Operates in Europe and Asia.

How Does AGESF Make Money?

  • Generates revenue through premiums collected from insurance policies.
  • Invests premiums to generate investment income.
  • Manages risk by diversifying its insurance portfolio and using reinsurance.
  • Distributes products through a network of independent brokers and bank partners.

What Industry Does AGESF Operate In?

ageas SA/NV operates within the diversified insurance industry, which is characterized by intense competition and evolving regulatory landscapes. The industry is experiencing growth in emerging markets, particularly in Asia, driven by increasing disposable incomes and rising awareness of insurance products. Key trends include the adoption of digital technologies to enhance customer experience and improve operational efficiency. ageas competes with other major European insurers and local players in its target markets. The company's diversified product portfolio and multi-channel distribution strategy position it favorably within this competitive environment.

Who Are AGESF's Key Customers?

  • Private individuals seeking life and non-life insurance coverage.
  • Small and medium-sized enterprises (SMEs) requiring business insurance solutions.
  • Large companies seeking comprehensive insurance coverage.
  • Other insurance companies requiring reinsurance services.
Model self-rating on this text: 81% (not a measure of the evidence) Updated: Mar 15, 2026

Research confidence

Low 23/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 438 days ago
  • No analyst coverage
  • Reported in EUR, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 19 snapshots

2026-08-23 47
2026-08-26 47
2026-08-29 47
2026-09-01 47
2026-09-04 47
2026-09-07 47
2026-09-10 47

What changed?

The score has stayed at 47.

Over the same 18 days the stock moved +0.0%.

FY2026 est

Forward Outlook

Wall Street analysts project ageas SA/NV revenue of about $10.66B for fiscal 2026, with EPS near $10.79.

5/7 beats

Earnings Track Record

ageas SA/NV has beaten Wall Street's EPS estimate in 5 of its last 7 reported quarters — more hits than misses. Reported results have landed about 4.2% below estimates on average.

F-Score 5/9

Financial Health

ageas SA/NV's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.15 places it in the distress zone, a signal of elevated financial risk.

ROE 11%

Key Financial Metrics

Return on equity for ageas SA/NV stands at 11.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.9%, showing how much profit it generates from its asset base. AGESF trades at a trailing price-to-earnings ratio of 7.73, below the Financial Services sector average of ~17.50x. Its free cash flow yield is 10.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.95 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 7.5%, the inverse of the P/E and a quick read on earnings relative to price.

ageas SA/NV (AGESF) Valuation Context

Valued at $16.3B, AGESF is classified as a large-cap stock.

AGESF Revenue & Earnings Trend

In Q2 FY2025, AGESF generated $2.56B in top-line revenue, marking a sequential increase of 0.0%. The company recorded net income of $392.7M, with diluted EPS of $2.12. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Financial Services. Across the four most recent quarters, AGESF averaged $1.81 in diluted EPS.

Company Profile

ageas SA/NV operates in the Insurance - Diversified industry within the Financial Services sector. It is headquartered in Brussels, BE. The company is led by CEO Hans Jozef Josephina de Cuyper. AGESF has traded publicly since 2012.

AGESF Financials

Fundamental Snapshot

Revenue Growth (FY)
+6.7%
Net Income Growth (FY)
+53.1%
EPS Growth (FY)
+49.3%
Free Cash Flow Growth (FY)
+301.2%
P/E (TTM)
7.73
Return on Equity (TTM)
+11.0%
Current Ratio
0.9

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Strong brand reputation and long history.
  • Diversified product portfolio.
  • Extensive distribution network.
  • Presence in both mature and emerging markets.

Bear Case

  • Exposure to regulatory changes in the insurance industry.
  • Sensitivity to interest rate fluctuations.
  • Competition from larger global insurers.
  • Potential for claims volatility.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2025 $2.56B $393M $2.12
Q1 FY2025 $2.56B $393M $2.12
Q4 FY2024 $2.44B $276M $1.51
Q3 FY2024 $2.44B $276M $1.51

Q2 FY2025 · filed 30 Jun 2025 · Financial Modeling Prep

Based on FMP financials and quantitative analysis · Converted to USD from EUR at today's rate

AGESF Latest News

AGESF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for AGESF.

Price Targets

Wall Street price target analysis for AGESF.

AGESF MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for AGESF; grades run from A+ (80-100) to F (below 30).

Leadership: Hans Jozef Josephina de Cuyper

CEO

Hans Jozef Josephina de Cuyper has served as the CEO of ageas SA/NV, leading a workforce of 16,797 employees. His professional background includes extensive experience in the financial services and insurance sectors. Prior to his role at ageas, he held various leadership positions at other prominent financial institutions. His expertise spans strategic planning, risk management, and business development. He is responsible for overseeing the company's global operations and driving its growth strategy.

Track Record: Under Hans Jozef Josephina de Cuyper's leadership, ageas SA/NV has focused on expanding its presence in Asian markets and strengthening its digital capabilities. He has overseen the implementation of several strategic initiatives aimed at improving operational efficiency and enhancing customer experience. Key milestones include the successful integration of new technologies and the expansion of the company's product portfolio. His leadership has contributed to ageas' sustained profitability and market position.

AGESF OTC Market Information

The OTC Other tier, where AGESF trades, represents the lowest tier of the OTC market. Companies in this tier often have limited or no reporting requirements and may not meet the listing standards of higher tiers like OTCQX or OTCQB, or exchanges like NYSE or NASDAQ. This lack of stringent requirements can lead to increased risks for investors due to limited transparency and potential for fraudulent schemes. Companies in this tier may be defunct, shell companies, or experiencing financial distress.

  • OTC Tier: OTC Other
Liquidity: Liquidity for AGESF on the OTC market is likely to be limited. OTC stocks generally have lower trading volumes and wider bid-ask spreads compared to exchange-listed stocks. This can make it difficult to buy or sell shares quickly and at a favorable price. Investors may experience significant price fluctuations due to the limited number of buyers and sellers.
OTC Risk Factors:
  • Limited financial disclosure increases the risk of investing in AGESF.
  • Low trading volume and wide bid-ask spreads can lead to price volatility and difficulty in executing trades.
  • The OTC Other tier has a higher risk of fraud and manipulation compared to higher-tier exchanges.
  • Lack of regulatory oversight increases the potential for mismanagement and financial irregularities.
  • The company may be defunct, a shell company, or experiencing financial distress.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review any available financial statements and disclosures.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a qualified financial advisor.
  • Check for any regulatory actions or legal proceedings against the company.
Legitimacy Signals:
  • The company has been in business since 1824, indicating a long operating history.
  • ageas SA/NV is a multinational company with operations in Europe and Asia.
  • The company has a significant market capitalization of $16.3B.
  • ageas SA/NV employs a substantial workforce of 16,797 employees.

AGESF Financial Services Stock FAQ

Is AGESF a good stock?

Stock Expert AI does not rate AGESF buy, sell or hold. ageas SA/NV has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What do analysts say about AGESF stock?

Analyst coverage of AGESF is limited due to its OTC listing. However, key valuation metrics such as the P/E ratio of 7.73 and dividend yield of 5.87% suggest potential value.

What are the key factors to evaluate for AGESF?

Evaluate AGESF on fundamentals, analyst consensus, and risk factors. P/E: 7.73x vs the S&P 500's ~20-25x. Key catalysts include expansion in Asian markets and continued growth in its pension products segment. Not financial advice.

How frequently does AGESF data refresh on this page?

AGESF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven AGESF's recent stock price performance?

ageas SA/NV (AGESF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand reputation and long history. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider AGESF overvalued or undervalued right now?

ageas SA/NV (AGESF) trades at 7.73x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of AGESF?

Yes, most major brokerages offer fractional shares of ageas SA/NV (AGESF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track AGESF's earnings and financial reports?

ageas SA/NV (AGESF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for AGESF earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC data may be less reliable than exchange-listed data.
  • Analyst coverage may be limited due to the OTC listing.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

More Stocks We Cover