ageas SA/NV (AGS.BR) stock analysis

In our weekly check, ageas SA/NV is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 3.

About ageas SA/NV

ageas SA/NV is a Financial Services company (Insurance - Diversified) based in Belgium, listed on BRU as AGS.BR.

What our checks show for AGS.BR

Red flags

• Analysts expect revenue to shrink about 1.7% a year.
• The stock has fallen as much as 98% from a peak. Would you have held through that?

Warning signs

• Analysts expect earnings per share to shrink about 0.9% a year.
• The stock is still below its previous peak.
• Thinly traded (about 287 thousand shares a day): buying and selling can move the price.
• Return on capital (ROCE) is only 9.6%.

Strengths

• The net margin rose by 11.1 points over 5 years, to 17.7%.
• The gross margin is 100% and has risen by 9.4 points: pricing power is holding.
• Operating cash flow is 1.83x net profit: the profit arrives as real cash.
• Revenue grew 29.6% a year over the last 3 years.
• Earnings per share grew 21% a year over the last 3 years.
• Net profit grew 19.7% a year over the last 3 years.

Similar companies

ASRNL.AS · UNI.MI · IAG.TO · NN.AS · HBAN.SW · AV.L

Questions

What grade does ageas SA/NV (AGS.BR) have?

In our weekly check, ageas SA/NV is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of AGS.BR stock?

This week's biggest flags for ageas SA/NV: Weak revenue forecast, Deep past fall, Weak EPS forecast. In total 7 of 24 checks show a warning or a red flag.

What does ageas SA/NV do?

ageas SA/NV is a Financial Services company (Insurance - Diversified) based in Belgium, listed on BRU as AGS.BR.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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