Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros stock €0.52, price €1.21, that is 57.1% below the price, quality 71 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
60‑month range €0.7357 – €1.57 · fair‑value band €0.4300 – €0.7300 · the €1.21 price screens above the €0.5200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 3, 2026.
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Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal. The company operates through Automobiles, Home, Health, Other Insurance, and Other Activities segments.
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The Automobiles segment offers car, third party, motorcycle, theft, fire, and fleet insurance. The Home Insurance segment offers theft damage, civil liability, fire, aesthetic damage, and anti-squatting insurance. The Health Insurance segment provides health care products Vivaz brands.
The Other Insurance segment offers travel assistance for credit card holders, wellness insurance, pet insurance, and multi-risk insurance. It also provides vehicle repair services through telephone and internet sales distribution channels.
Línea Directa Aseguradora, S.A. was formerly known as Bankinter Aseguradora Directa, S.A. Compañía de Seguros y Reaseguros and changed its name to Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros in January 1995.
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros was incorporated in 1994 and is based in Tres Cantos, Spain.
Stock analysis
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) currently trades at €1.21, while our model-based Fair Value estimate is €0.5200, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of €0.7400 per share, and 0 of the 6 models we run sit above the €1.21 price.
Bear case: the Asset-Based group reads lowest at €0.2200, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: €0.4300 (bear) to €0.7300 (bull), the price of €1.21 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 71/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros reported revenue of €1.1B in FY2025 versus €923M in FY2021, a compound +5.0%/yr. Reported net income was €85.7M in FY2025, compounding −6.1%/yr from FY2021.
Key figures
Market cap €1.3B Small · P/E ratio 13.5 · P/S ratio 1.10 · EPS (TTM) €0.0900 · Dividend yield 2.3% · Net margin 7.9% · Return on equity 23.3% · Return on assets (EBIT) 6.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −29% fair-value upside, at −57%, LDA screens richer than that median.
Fair Value models
Bear€0.4300Fair Value €0.5200Bull€0.7300
Price €1.21 · Downside -57.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.0530 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.72/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+12.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.2%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−2.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.9%
Dividend (yield on the price)2.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 10%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−6.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −8.1% a year for the price and +4.3% for the forecasts.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Property & Casualty · 100 stocks
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Cite: Fair Value Calculator (2026). "Linea Directa Aseguradora SA Compania de Seguros y Reaseguros Fair Value". https://www.fairvalue-calculator.com/stock/LDA
Frequently asked questions
Is Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of €0.5200 versus a price of €1.21, about 57% lower (overvalued).
What is the fair value of LDA?
Our model-based fair value for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is €0.5200 (as of Nov 3, 2026), built from audited fundamentals. The current price: €1.21.
What is the quality score of LDA?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Our model-based price target is the fair value of €0.5200 (as of Nov 3, 2026) from 6 valuation models. Cautious scenario €0.4300, optimistic scenario €0.7300. It is a calculation from audited fundamentals, not an analyst target.
What is the Linea Directa Aseguradora SA Compania de Seguros y Reaseguros stock forecast for 2026?
Our models put fair value at €0.5200, about 57% lower versus a price of €1.21 (overvalued). Cautious scenario €0.4300, optimistic scenario €0.7300. The calculation is refreshed regularly with new filings.
What is the revenue of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros reported trailing-twelve-month revenue of about €1.2B (latest available figure, as of Nov 3, 2026).
Does Linea Directa Aseguradora SA Compania de Seguros y Reaseguros pay a dividend?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros currently shows a dividend yield of 2.31% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) and when is the ex-dividend date?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros pays a dividend of €0.028 per share a year, a dividend yield of 2.3%. The last ex-dividend date was Jul 3, 2026. A dividend has been paid every year since at least 2021. The payout ratio is 31.1% of earnings. Free cash flow covers the dividend 5.88 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
For today's price to be fair in a discounted-cash-flow model, Linea Directa Aseguradora SA Compania de Seguros y Reaseguros would have to grow free cash flow by -6.1 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.2 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of LDA use?
Our models discount Linea Directa Aseguradora SA Compania de Seguros y Reaseguros at 11.1 %: a base by market capitalisation (small), damped by beta 0.36, country premium for Spain. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Linea Directa Aseguradora SA Compania de Seguros y Reaseguros that is -6.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) delivered so far?
Over the past 5 years revenue at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros grew +4.2 % a year. The price currently implies free-cash-flow growth of -6.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (-6.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The free-cash-flow yield on the price is 13.56 %: that much free cash flow Linea Directa Aseguradora SA Compania de Seguros y Reaseguros produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Linea Directa Aseguradora SA Compania de Seguros y Reaseguros it is €0.5200 per share (as of Nov 3, 2026), against a price of €1.21. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Linea Directa Aseguradora SA Compania de Seguros y Reaseguros stock overvalued or undervalued in 2026?
As of Nov 3, 2026, LDA trades above its calculated fair value: price €1.21, fair value €0.5200, a gap of about −57% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LDA?
No. The price is what the market pays today (€1.21); the fair value is what the company's own numbers justify (€0.5200). For Linea Directa Aseguradora SA Compania de Seguros y Reaseguros the two are €0.6920 per share apart. That gap is exactly why we show both numbers side by side.
How much is Linea Directa Aseguradora SA Compania de Seguros y Reaseguros worth?
The market values Linea Directa Aseguradora SA Compania de Seguros y Reaseguros at about €1.3B (market capitalisation, as of Nov 3, 2026). Per share that is €1.21; our models calculate a fair value of €0.5200 per share.
What do the bullish and bearish scenarios say about LDA?
Our models span a range for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros: cautious scenario €0.4300, base €0.5200, optimistic €0.7300 per share (as of Nov 3, 2026, price €1.21). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LDA?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros trades at a price-to-earnings ratio of 13.5 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €0.5200 is built from several models across several years. Other multiples: P/B 3.3, P/S 1.1, EV/EBITDA 10.1.
How solid is the balance sheet of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Balance-sheet figures for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (as of Nov 3, 2026): return on equity 23.3%, debt of 0.01 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is LDA from its 52-week high?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros trades at €1.21, about 11% below its 52-week high of €1.36 and 16% above the low of €1.05 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €0.5200 is for.
Which stocks are comparable to Linea Directa Aseguradora SA Compania de Seguros y Reaseguros?
From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Linea Directa Aseguradora SA Compania de Seguros y Reaseguros stock attractive at the current price?
The data as of Nov 3, 2026: price €1.21, calculated fair value €0.5200 (−57%), Quality Score 71/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LDA calculated?
We run Linea Directa Aseguradora SA Compania de Seguros y Reaseguros through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of €0.5200 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Linea Directa Aseguradora SA Compania de Seguros y Reaseguros itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The closing price on Nov 6, 2026 was €1.21. Our model-based fair value is €0.5200, about 57% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Linea Directa Aseguradora SA Compania de Seguros y Reaseguros right now?
The price sits above even our optimistic bull case (€0.7300). The favourable scenario is already priced in. Solid but not exceptional quality (71/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros
How large is the market capitalisation of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The market capitalisation of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is €1.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The price-to-sales ratio of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 1.10 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Earnings per share at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros are €0.0900 (price ÷ EPS = P/E 13.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The dividend yield of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 2.3% (payout 31.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The net margin of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 7.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The return on equity (ROE) of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 23.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
On an EBIT basis the return on assets of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 6.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
The operating margin of Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is 11.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Revenue at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is growing +16.0% versus a year earlier (3y avg +6.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA)?
Earnings per share at Linea Directa Aseguradora SA Compania de Seguros y Reaseguros are growing +14.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) hold?
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros holds more cash than debt, €12.8M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 3, 2026