GeneraliFRA:ASG -0.73%56 ROE % is 11.94% as of Dec. 2025, which is 25% above its 10-year median of 9.55. GuruFocus rates FRA:ASG with a GF Score™ of 56/100 and a GF Value™ of €38.31 (Fairly Valued). The stock has 1 warning sign investors should review. Among 502 Insurance companies, Generali ranks better than 60.76% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Generali's annualized net income for the quarter that ended in Dec. 2025 was €3,828 Mil. Generali's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €32,064 Mil. Therefore, Generali's annualized ROE % for the quarter that ended in Dec. 2025 was 11.94%.
The historical rank and industry rank for Generali's ROE % or its related term are showing as below:
FRA:ASG'
s ROE % Range Over the Past 10 Years
Min: 5.97 Med: 9.55 Max: 14.13
Current: 14.13
During the past 13 years, Generali's highest ROE % was 14.13%. The lowest was 5.97%. And the median was 9.55%.
FRA:ASG's ROE % is ranked better than 60.76% of 502
companies
in the Insurance industry
Industry Median: 11.73
vs FRA:ASG: 14.13
Generali (FRA:ASG) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Generali ROE % Related Terms
Generali ROE % Historical Data
* Premium members only.
The historical data trend for Generali's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Diversified subindustry, Generali's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Generali ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Generali's ROE % distribution charts can be found below:
* The bar in red indicates where Generali's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Generali (FRA:ASG) has a ROE % of 11.94% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Generali and its competitors. This is 25% above median its historical median of 9.55. Over the past decade, Generali's ROE % has ranged from 5.97 to 14.13. According to the industry distribution chart, Generali ranks #197 out of 502 companies in the Insurance industry, placing it in the top 39.2%.
Is Generali's ROE % too high?
Generali's current ROE % of 11.94% is 25% above median its 10-year median of 9.55. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 14.13. The Insurance industry median ROE % is 11.73. Generali's value of 11.94% is 1.8% above this industry median. Based on the distribution chart, Generali ranks #197 out of 502 companies in the Insurance industry, which is above the industry midpoint. Overall, Generali has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Generali's ROE % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Generali ranks #197 out of 502 companies for ROE %. This puts Generali in the upper half of its industry. The industry median ROE % is 11.73. Generali's value of 11.94% is 1.8% above this benchmark. Historically, Generali's own ROE % has ranged from 5.97 to 14.13 over the past decade. While the company's 10-year median is 9.55 vs. the industry median of 11.73, Generali has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.73, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Generali's current ROE % of 11.94% is 1.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Generali and its competitors. For the Insurance industry, the median ROE % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generali's current ROE % is 11.94%, which is 25% above median its own 10-year median of 9.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generali stock overvalued right now?
Based on GuruFocus' analysis, Generali (FRA:ASG) is currently considered Fairly Valued. The stock's GF Value™ is €38.31, compared to a current price of €42.18 — trading 10.1% above its estimated fair value. The current ROE % is 11.94%, which is 25% above median its 10-year median of 9.55 and 1.8% above the Insurance industry median of 11.73. Generali's overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Generali (FRA:ASG), the current ROE % is 11.94% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Generali (FRA:ASG) Overvalued in 2026?
Based on GuruFocus' analysis, Generali stock appears to be overvalued.
The current stock price of €42.18 is trading 10.1% above its estimated GF Value™ of €38.31.
GuruFocus considers Generali to be Fairly Valued.
Key valuation signals for FRA:ASG:
ROE %: 11.94% (25% above median its 10-year median of 9.55)
GF Value™: €38.31 vs. price of €42.18 (10.1% above fair value)
Industry Position: 1.8% above the Insurance median (#197 of 502)
No single metric tells the full story. See the FRA:ASG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The roots of Generali date back to the 1830s and the Bora wind and rough seas that hit the Trieste region. Over that decade, Generali sought to expand throughout Italy, but growth was held back by the fragmented nature of Italy. The Italian Revolution in the 1840s paved the way for easier expansion in the country. After World War I, Trieste was handed back to Italy. The dissolution of the Austro-Hungarian Empire created a fragmented Europe and a fragmented Generali. To this day, Generali remains quite a diversified company, with its core operations remaining in the historical Austro-Hungarian countries of Austria, Central and Eastern Europe, Germany, and Italy. France is also an important contributor to life and savings.
56GF Score
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