ASR Nederland N.V. (ASRNL.AS) stock analysis

In our weekly check, ASR Nederland N.V. is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 9 pass, warnings: 5, red flags: 9.

About ASR Nederland N.V.

ASR Nederland N.V. is a Financial Services company (Insurance - Diversified) based in the Netherlands, listed on AMS as ASRNL.AS.

What our checks show for ASRNL.AS

Red flags

• The net margin fell by 6.4 points over 5 years, to 2.7%: the company keeps less of each sale as profit.
• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• Analysts expect revenue to shrink about 20.5% a year.
• The net margin is only 2.7%: little room if costs rise.
• Free cash flow is negative (-2.8% of revenue): the business spends more cash than it brings in.
• The dividend takes 102% of profit: little cushion if profit falls.
• Return on capital (ROCE) is only 1.1%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Earnings per share fell 42.3% a year over the last 3 years.
• The stock has fallen as much as 56% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 1.8 years.
• Thinly traded (about 444 thousand shares a day): buying and selling can move the price.

Strengths

• Analysts expect earnings per share to grow about 40.3% a year over the next years.
• Analysts expect the net margin to improve by 9.9 points from today's 2.7%.
• A large company: market value $16.71 billion.
• The price moves calmly: 15.9% annual volatility.
• Beta 0.51: the stock usually moves less than the market.

Similar companies

AGS.BR · UNI.MI · IAG.TO · NN.AS · AGN.AS · HBAN.SW

Questions

What grade does ASR Nederland N.V. (ASRNL.AS) have?

In our weekly check, ASR Nederland N.V. is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 9 pass, warnings: 5, red flags: 9. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ASRNL.AS stock?

This week's biggest flags for ASR Nederland N.V.: Margins falling, Profits not backed by cash, Weak revenue forecast. In total 14 of 23 checks show a warning or a red flag.

What does ASR Nederland N.V. do?

ASR Nederland N.V. is a Financial Services company (Insurance - Diversified) based in the Netherlands, listed on AMS as ASRNL.AS.

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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