Aegon : Results in line, much more to come, 10.5% to 17% FCF yield
>Conclusion: Results in line, much more to come, 10.5% to 17% FCF yield - Aegon excl. a.s.r. and excl. excess capital gives an simplified valuation of an implied 10.5% to 17.0% free cash flow yield. The large SBB is progressing well, and still about 9% of the shares are to be bought back by the summer of 2024. The 3Q23 underlying OCG was marginally better than expected and in addition there were extra positive one offs. We do not have to change our OCG estimates for 4...AEGON is a holding company. Through its subsidiaries, Co. provides life insurance and pensions operations in more than 20 countries in the Americas, Europe and Asia and is also active in savings and asset management operations, accident and health insurance, general insurance and to a limited extent banking operations. Co. operates through the following segments: the Americas (which includes the U.S.A., Mexico and Brazil); the Netherlands; the United Kingdom; Central & Eastern Europe; Spain and Portugal; Asia and Aegon Asset Management.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.