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STOCK COMPARISON

Alm. Brand vs Allianz SE VNA O.N.: Fair Value & Quality

Both stocks run through our valuation models. Here is how Alm. Brand (ALMB) and Allianz SE VNA O.N. (ALV) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Alm. Brand trades at DKK 16.58 versus a fair value of DKK 7.87 (-53%), while Allianz SE VNA O.N. trades at €413 versus €242 (-41%).
Alm. Brand
ALMB.CO · DKK · Financials
-53%
upside to fair value
overvalued
PriceDKK 16.58
Fair ValueDKK 7.87
Quality65/100
Allianz SE VNA O.N.
ALV.XETRA · EUR · Financials
-41%
upside to fair value
overvalued
Price€413
Fair Value€242
Quality63/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Alm. BrandAllianz SE VNA O.N.
Valuation
18.4×P/E (TTM)13.4×
1.76×P/S (TTM)1.53×
2.02×P/B2.82×
8.8×EV/EBITDA9.1×
n/aPEG2.93×
−52.5%Fair value upside−41.3%
4.0%Dividend yield4.0%
DKK 0.66Dividend per sharen/a
Profitability
11%Operating margin19%
1.18×EBIT margin trend (5Y)0.61×
10%Return on equity19%
4%Return on assets1%
Growth
-8%Revenue growth (YoY)9%
8.1%Avg. growth/yr (3Y)3.1%
11.4%Avg. growth/yr (5Y)3.0%
+2.9%Value creation/yr+15.7%
Balance & size
6.1×Interest coverage (EBIT/interest)20.4×
0.09×Debt / equity0.52×
$4BMarket cap$177B
mixedGrowth qualitymixed

Alm. Brand leads: 7 to 6 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Alm. Brandof which business quality 62 · market factors 52 Allianz SE VNA O.N.of which business quality 57 · market factors 71
ProfitabilityMargins and returns on capital today
47
30
Quality GrowthAre margins and returns improving?
54
46
CashflowEarnings quality: real cash, not paper profit
49
94
Fin. StrengthBalance sheet, leverage, solvency risk
48
10
InvestmentDisciplined investing over empire-building
100
87
Low VolatilityCalm price path (market factor)
72
90
MomentumPrice trend over the last 3–12 months (market factor)
45
63
52W MomentumDistance to the 52-week high (market factor)
42
64
Net IssuanceShare count: buybacks or dilution?
100
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyAlm. BrandPrice DKK 16.58Allianz SE VNA O.N.Price €413
Dividend Discount-41%below the priceDKK 9.83-50%below the price€208
Multiples-24%below the priceDKK 12.57-27%below the price€300
Asset-Based-65%below the priceDKK 5.87-73%below the price€111
Economic Profit-46%below the priceDKK 8.90-44%below the price€230
Minimum-65%below the priceDKK 5.87-73%below the price€111
Maximum-24%below the priceDKK 12.57-27%below the price€300
Median-44%below the priceDKK 9.36-47%below the price€219
Geometric mean-46%below the priceDKK 8.96-52%below the price€200

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Alm. Brand: 6 of 6 models see the stock below the current price.

Allianz SE VNA O.N.: 6 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Alm. Brand
Price DKK 16.58
Fair Value DKK 7.87
Bear DKK 5.90Bull DKK 9.83
Allianz SE VNA O.N.
Price €413
Fair Value €242
Bear €194Bull €333

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Alm. Brand · Financials

Quality score65 · Top 25%
Fair value upside-53% · bottom 25%

Allianz SE VNA O.N. · Financials

Quality score63 · Top 25%
Fair value upside-41% · bottom 25%

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Alm. Brand trades at DKK 16.58 versus a fair value of DKK 7.87 (-53%), while Allianz SE VNA O.N. trades at €413 versus €242 (-41%).

Alm. Brand has the higher quality score (65/100).

Open Allianz SE VNA O.N. live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.