- Talanx’s Ebit for the fiscal year was EU3.07 billion, marking a 9% year-on-year increase, but fell short of the estimated EU3.65 billion.
- The dividend per share was EU2.35, surpassing the estimated EU2.28.
- The combined ratio for property and casualty was 94.3%, showing an improvement from 95.2% year-on-year, but slightly missed the estimate of 94%.
- The company’s year forecast anticipates a net income above EU1.7 billion.
- For 2025, Talanx expects earnings to exceed EUR 1.9 billion.
- New targets for the period from 2025 to 2027 will be presented at Talanx’s Capital Market Day in December.
- The company projects a return on equity of approximately 15% for the financial year 2024, significantly higher than its strategic target of above 10%.
- Current market sentiment stands at 2 buys, 6 holds, and 2 sells for Talanx.
A look at Talanx Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Talanx AG, a global insurance and financial services company, has received positive scores across the board from Smartkarma’s Smart Scores. With a Value score of 3, Dividend score of 4, Growth score of 4, Resilience score of 4, and Momentum score of 5, Talanx is well-positioned for long-term success.
The company’s strong scores in Dividend, Growth, Resilience, and Momentum indicate its stability and potential for growth in the future. Talanx’s diverse range of insurance and financial services, offered to both individual and commercial clients, makes it a strong player in the industry. This, coupled with its global presence, further solidifies its long-term outlook and potential for continued success.
Overall, Talanx’s impressive Smart Scores showcase its strong performance and potential in the insurance and financial services sector. Investors can feel confident in the company’s long-term outlook and its ability to provide stable returns and growth opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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