Talanx AG TLX

Morningstar Rating
€72.75 −0.65 (0.89%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TLX is trading at a 415% premium.
Price
€72.91
Fair Value
€12.84
Uncertainty
Medium
1-Star Price
€14.20
5-Star Price
€35.53
Economic Moat
Mrj
Capital Allocation

Trading Information

Previous Close Price
€73.40
Day Range
€72.7572.75
52-Week Range
€22.2678.45
Bid/Ask
€0.00 / €0.00
Market Cap
€18.79 Bil
Volume/Avg
0 / 87,288

Key Statistics

Price/Earnings (Normalized)
11.15
Price/Sales
0.74
Dividend Yield (Trailing)
3.23%
Dividend Yield (Forward)
3.23%
Total Yield
3.23%

Company Profile

Talanx is the third-largest insurer in Germany. It sells insurance to businesses, individuals, and also reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns three quarters of the Talanx share capital.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Large Core
Total Number of Employees
29,572

Competitors

Valuation

Metric
TLX
ALV
ZURN
Price/Earnings (Normalized)
11.1514.6414.22
Price/Book Value
1.702.063.38
Price/Sales
0.741.141.18
Price/Cash Flow
5.83
Price/Earnings
TLX
ALV
ZURN

Financial Strength

Metric
TLX
ALV
ZURN
Quick Ratio
Current Ratio
Interest Coverage
28.0917.23
Quick Ratio
No chart available

Profitability

Metric
TLX
ALV
ZURN
Return on Assets (Normalized)
1.78%1.04%1.49%
Return on Equity (Normalized)
28.85%17.92%21.85%
Return on Invested Capital (Normalized)
12.52%14.60%13.53%
Return on Assets
TLX
ALV
ZURN

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