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UnipolSai Assicurazioni S.p.A. (FDIAY) Stock Analysis

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

DELISTED

What happened to UnipolSai Assicurazioni S.p.A. (FDIAY) stock?

UnipolSai Assicurazioni S.p.A. (FDIAY) no longer trades on public markets. The figures below are historical and are not a current quote.

P/E Ratio: 11.43| Vol: 2.3K| 52-wk range: $9.02 – $9.02

P/E 11.43 means the share price is 11.43 times one year of earnings per share; the S&P 500 usually sits near 20-25.

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 16, 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

UnipolSai Assicurazioni S.p.A. (FDIAY). UnipolSai Assicurazioni S.p.A. is an Italian insurance company offering a range of life and non-life insurance products, along with real estate and other services. Sector: Financial services.

Last analyzed: Mar 16, 2026
UnipolSai Assicurazioni S.p.A. is an Italian insurance company offering a range of life and non-life insurance products, along with real estate and other services. With a significant market capitalization and a history rooted in Bologna, the company operates as a subsidiary of Unipol Gruppo SpA.

Analyst Coverage for FDIAY: FDIAY 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 FDIAY against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

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

Dated analysis: the newest financial statements on file are 27 months old (Jun 1, 2024), so the figures and score below describe that period, not today.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 72/100 · A

FDIAY: 2/2 scored disciplines lean bullish. Dominant signal: Ray Dalio 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
Simons-style lens (simulated)Jim Simons
Neutral 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
Strong
Margin of Safety
Undervalued
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.

UnipolSai Assicurazioni S.p.A. (FDIAY) Financial Services Profile

CEOMatteo Laterza
Employees11,681
HeadquartersBologna, IT

UnipolSai Assicurazioni S.p.A., a leading Italian insurer, provides diverse life and non-life products, including motor vehicle, health, and property insurance, alongside real estate services. Trading as FDIAY on the OTC market, the company boasts a solid profit margin and dividend yield, operating as a subsidiary of Unipol Gruppo SpA.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for FDIAY?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

With a P/E ratio of 11.43 and a dividend yield of 4.31%, the company offers potential value and income. A key value driver is its strong profit margin of 13.5%. Growth catalysts include expansion of its digital insurance offerings and strategic real estate investments. However, potential risks include regulatory changes in the Italian insurance market and competition from both domestic and international players. Investors should monitor the company's ability to maintain its market share and adapt to evolving customer preferences.

Based on FMP financials and quantitative analysis

FDIAY Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $6.38 billion indicates a substantial presence in the Italian insurance market.

  • P/E ratio of 11.43 suggests a potentially undervalued stock compared to its earnings.
  • Profit margin of 13.5% demonstrates efficient operations and profitability.
  • Gross margin of 100.0% reflects the nature of the insurance business where premiums are initially recorded as revenue.
  • Dividend yield of 4.31% provides an attractive income stream for investors.

Who Are FDIAY's Competitors?

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

Company Price Change Market Cap MoonshotScore
CTIHY China Taiping Insurance Holdings Company Limited $68.96 0.00% $9.91B
CWESF Canadian Western Bank $18.00 0.00% $6.93B
DIISF Direct Line Insurance Group plc $3.48 -16.55% $4.53B
HRGLF Hargreaves Lansdown plc $12.98 -14.21% $6.16B
SLF Sun Life Financial Inc. $79.02 -0.68% $43.8B 765-pillar
AIG American International Group, Inc. $75.03 -0.23% $39.8B 685-pillar
HIG The Hartford Financial Services Group, Inc. $136.10 -0.51% $37.3B 935-pillar
ACGL Arch Capital Group Ltd. $96.16 -0.04% $33.6B 965-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FDIAY's Key Strengths?

Strong brand recognition in Italy

  • Diversified product portfolio
  • Extensive distribution network
  • Solid financial performance

What Are FDIAY's Weaknesses?

Limited international presence

  • Exposure to regulatory changes in Italy
  • Dependence on the Italian economy
  • OTC market trading

What Could Drive FDIAY Stock Higher?

Expansion of digital insurance offerings to capture a larger market share.

  • Strategic real estate investments to generate stable income and capital appreciation.
  • Development of personalized insurance products to meet evolving customer needs.
  • Partnerships and acquisitions to expand product offerings and geographic reach.
  • Focus on sustainable and responsible insurance practices to attract environmentally conscious customers.

What Are the Key Risks for FDIAY?

Financial-distress signal — its Altman Z-Score of 0.34 sits in the distress zone (elevated bankruptcy risk).

  • Regulatory changes in the Italian insurance market could impact profitability.
  • Increased competition from domestic and international players could erode market share.
  • Economic downturn in Italy could reduce demand for insurance products.
  • Changes in interest rates and investment yields could affect investment income.
  • Currency risk associated with the ADR structure could impact returns for U.S. investors.

What Are the Growth Opportunities for FDIAY?

  • Expansion of Digital Insurance Offerings: UnipolSai can capitalize on the growing demand for digital insurance solutions by investing in its online platforms and mobile apps. The digital insurance market in Italy is projected to grow at a CAGR of 8-10% over the next five years, presenting a significant opportunity for UnipolSai to increase its market share and reach a wider customer base. Timeline: Ongoing.
  • Strategic Real Estate Investments: UnipolSai's real estate business offers a diversification opportunity and a hedge against inflation. By strategically investing in high-quality properties in key Italian cities, the company can generate stable rental income and capital appreciation. The Italian real estate market is expected to see moderate growth in the coming years, driven by urbanization and tourism. Timeline: Ongoing.
  • Development of Personalized Insurance Products: As customer preferences evolve, UnipolSai can gain a competitive advantage by developing personalized insurance products tailored to individual needs. By leveraging data analytics and customer insights, the company can offer customized policies that provide better coverage and value. The market for personalized insurance is growing rapidly, driven by technological advancements and increasing customer expectations. Timeline: Ongoing.
  • Partnerships and Acquisitions: UnipolSai can pursue strategic partnerships and acquisitions to expand its product offerings and geographic reach. By collaborating with other companies in the financial services sector, the company can offer bundled products and services that appeal to a wider customer base. The M&A landscape in the Italian insurance market is active, with opportunities for consolidation and strategic alliances. Timeline: Ongoing.
  • Focus on Sustainable and Responsible Insurance: UnipolSai can differentiate itself by focusing on sustainable and responsible insurance practices. By offering insurance products that promote environmental protection and social responsibility, the company can attract environmentally conscious customers and enhance its brand reputation. The market for sustainable insurance is growing, driven by increasing awareness of environmental and social issues. Timeline: Ongoing.

What Are FDIAY's Competitive Advantages?

  • Established brand reputation in the Italian insurance market.
  • Extensive distribution network with a strong presence across Italy.
  • Diversified product portfolio offering a wide range of insurance solutions.
  • Strong capital base and financial stability.

What Does FDIAY Do?

UnipolSai Assicurazioni S.p.A., headquartered in Bologna, Italy, is a major player in the Italian insurance market. The company's roots trace back to the broader Unipol Group's history in the Italian cooperative movement. Over the years, UnipolSai has evolved into a diversified insurance provider, offering a comprehensive suite of products and services. Its operations are divided into four key segments: Non-Life insurance, Life insurance, Real Estate, and Other Businesses. The Non-Life segment includes motor vehicle third-party liabilities, sea, lake, and river, land vehicle hulls, accident and health, fire and other damage to property, and general TPL. The Life segment offers whole and term life insurance, unit-linked/indexed link policies, health, capitalization insurance, and pension funds. Beyond insurance, UnipolSai is involved in real estate management, hotel operations, agricultural activities, and healthcare services. As a subsidiary of Unipol Gruppo SpA, UnipolSai leverages its parent company's resources and expertise to maintain a competitive edge in the Italian market.

What Products and Services Does FDIAY Offer?

  • Provides motor vehicle third-party liability insurance.
  • Offers sea, lake, and river insurance.
  • Provides land vehicle hull insurance.
  • Offers accident and health insurance.
  • Provides fire and other damage to property insurance.
  • Offers general third-party liability insurance.
  • Provides whole and term life insurance.
  • Offers unit-linked/indexed link policies.

How Does FDIAY Make Money?

  • Generates revenue from premiums paid by policyholders for various insurance products.
  • Earns investment income from managing its investment portfolio.
  • Derives revenue from real estate management and hotel operations.
  • Receives income from reinsurance activities.

What Industry Does FDIAY Operate In?

UnipolSai Assicurazioni S.p.A. operates within the Italian insurance market, which is characterized by a mix of domestic and international players. The industry is subject to regulatory oversight and is influenced by macroeconomic factors such as interest rates and economic growth. Trends include increasing demand for digital insurance solutions and a growing focus on personalized insurance products. Competition is intense, with companies vying for market share through product innovation and competitive pricing. UnipolSai's diversified business model and strong brand recognition position it well to navigate the evolving landscape.

Who Are FDIAY's Key Customers?

  • Individuals seeking personal insurance coverage (e.g., auto, home, health, life).
  • Businesses requiring commercial insurance policies (e.g., property, liability, workers' compensation).
  • Real estate tenants and hotel guests.
  • Other insurance companies through reinsurance agreements.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 15/100

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

  • Scoring coverage unknown
  • Price 5 days old
  • Latest filing 803 days ago
  • No analyst coverage
  • Reported in EUR, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 58
2026-08-24 58
2026-08-25 58
2026-08-26 58

What changed?

The score has stayed at 58.

Over the same 3 days the stock moved +0.0%.

F-Score 5/9

Financial Health

UnipolSai Assicurazioni S.p.A.'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 0.34 places it in the distress zone, a signal of elevated financial risk.

ROE 15%

Key Financial Metrics

Return on equity for UnipolSai Assicurazioni S.p.A. stands at 15.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.6%, showing how much profit it generates from its asset base. FDIAY trades at a trailing price-to-earnings ratio of 11.43, below the Financial Services sector average of ~17.50x. Its free cash flow yield is 15.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 9.61 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 8.1%, the inverse of the P/E and a quick read on earnings relative to price.

Company Profile

UnipolSai Assicurazioni S.p.A. operates in the Insurance - Diversified industry within the Financial Services sector. It is headquartered in Bologna, IT. The company is led by CEO Matteo Laterza.

FDIAY Financials

Fundamental Snapshot

P/E (TTM)
11.43
Return on Equity (TTM)
+15.0%
Current Ratio
9.6
EV/EBITDA (TTM)
7.8

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Strong brand recognition in Italy
  • Diversified product portfolio
  • Extensive distribution network
  • Solid financial performance

Bear Case

  • Limited international presence
  • Exposure to regulatory changes in Italy
  • Dependence on the Italian economy
  • OTC market trading

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 FY2024 $6.11B $593M $3.31

Q2 FY2024 · filed 30 Jun 2024 · Financial Modeling Prep

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

FDIAY Latest News

No recent news available for FDIAY.

Leadership: Matteo Laterza

CEO

Matteo Laterza serves as the CEO of UnipolSai Assicurazioni S.p.A. His career encompasses extensive experience within the financial services and insurance sectors. However, as CEO, he is responsible for leading the strategic direction and operational execution of UnipolSai's business activities.

Track Record: As CEO of UnipolSai Assicurazioni S.p.A., Matteo Laterza is responsible for overseeing the company's performance and driving its growth strategy. Specific achievements and milestones under his leadership are not detailed in the provided data. His focus is on maintaining UnipolSai's market position and adapting to the evolving insurance landscape.

UnipolSai Assicurazioni S.p.A. ADR Information Unsponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. FDIAY is a Level 1 ADR, meaning it trades over-the-counter (OTC) without as stringent SEC requirements as listed exchanges. FDIAY gives U.S. investors exposure to UnipolSai Assicurazioni S.p.A. without directly investing on the Italian exchange.

  • Home Market Ticker: Borsa Italiana (Italian Stock Exchange), Italy
  • ADR Level: 1
  • ADR Ratio: 1:1
  • Home Market Ticker: FDIA
Currency Risk: As an ADR, FDIAY is subject to currency risk. The value of the ADR can fluctuate based on changes in the exchange rate between the U.S. dollar and the Euro. If the Euro weakens against the dollar, the value of FDIAY may decrease, even if the underlying stock price in Italy remains the same.
Tax Implications: Dividends paid on FDIAY may be subject to foreign withholding taxes imposed by the Italian government. The standard withholding tax rate on dividends paid to non-residents in Italy is typically around 26%. However, this rate may be reduced under the terms of a tax treaty between the United States and Italy. Investors should consult with a tax advisor to determine their specific tax obligations.
Trading Hours: The Borsa Italiana typically operates from 9:00 AM to 5:30 PM Central European Time (CET). This translates to 3:00 AM to 11:30 AM Eastern Time (ET). Therefore, there is a significant overlap in trading hours between the Borsa Italiana and the U.S. OTC market, but U.S. investors may find liquidity limited outside of the Italian trading hours.

FDIAY OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that UnipolSai Assicurazioni S.p.A. (FDIAY) has the least stringent listing requirements. Unlike companies listed on the NYSE or NASDAQ, OTC Other companies may not be required to meet minimum financial standards or reporting requirements. This can result in less transparency and greater risk for investors compared to exchange-listed companies.

  • OTC Tier: OTC Other
Liquidity: As an OTC Other stock, FDIAY likely experiences lower trading volume and wider bid-ask spreads compared to exchange-listed stocks. This can make it more difficult for investors to buy or sell shares quickly and at a favorable price. Liquidity may be limited, particularly outside of Italian trading hours, increasing the risk of price volatility.
OTC Risk Factors:
  • Limited financial disclosure requirements increase information asymmetry.
  • Lower trading volume and liquidity can lead to price volatility.
  • Higher bid-ask spreads can increase transaction costs.
  • Potential for fraud or manipulation is greater on the OTC market.
  • OTC Other companies may be subject to less regulatory oversight.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Obtain and review the company's financial statements (if available).
  • Assess the company's management team and track record.
  • Research the company's industry and competitive landscape.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before investing.
  • Check for any regulatory actions or legal proceedings against the company.
Legitimacy Signals:
  • Subsidiary of Unipol Gruppo SpA, a well-established Italian company.
  • Operating history as an insurance provider in Italy.
  • Presence of a CEO (Matteo Laterza) and a management team.
  • Availability of some company information, even if limited.
  • Market capitalization of $6.38B suggests a substantial company.

UnipolSai Assicurazioni S.p.A. Financial Services Stock: Key Questions Answered

What happened to UnipolSai Assicurazioni S.p.A. (FDIAY) stock?

UnipolSai Assicurazioni S.p.A. (FDIAY) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy FDIAY shares?

No. FDIAY stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for FDIAY elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before FDIAY stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to UnipolSai Assicurazioni S.p.A.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does UnipolSai Assicurazioni S.p.A. do?

UnipolSai Assicurazioni S.p.A. operates as a diversified insurance company in Italy, providing a range of life and non-life insurance products and services.

What are the main risks for FDIAY?

The main risks for FDIAY include regulatory changes in the Italian insurance market, increased competition from both domestic and international players, and potential economic downturns in Italy that could reduce demand for insurance products.

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

Analysis updated

MoonshotScore is not published for this security.

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
  • Limited information available for certain sections due to data constraints.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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