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STOCK COMPARISON

Allianz SE VNA O.N. vs Equity Development Investment: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allianz SE VNA O.N. (ALV) and Equity Development Investment (GSMF) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Equity Development Investment trades at IDR 96 versus IDR 52 (-46%).
Allianz SE VNA O.N.
ALV.XETRA · EUR · Financials
-42%
upside to fair value
overvalued
Price€419
Fair Value€242
Quality63/100
Equity Development Investment
GSMF.JK · IDR · Financials
-46%
upside to fair value
overvalued
PriceIDR 96
Fair ValueIDR 52
Quality38/100
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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

Allianz SE VNA O.N.Equity Development Investment
Valuation
13.5×P/E (TTM)52.6×
1.56×P/S (TTM)1.61×
2.86×P/B0.61×
9.3×EV/EBITDA21.3×
2.93×PEGn/a
−42.2%Fair value upside−45.5%
4.0%Dividend yield0.4%
€17.10Dividend per sharen/a
Profitability
19%Operating margin-21%
0.61×EBIT margin trend (5Y)1.32×
19%Return on equity1%
1%Return on assets1%
Growth
9%Revenue growth (YoY)-27%
3.1%Avg. growth/yr (3Y)-4.1%
3.0%Avg. growth/yr (5Y)-2.4%
+15.7%Value creation/yr−3.4%
Balance & size
20.4×Interest coverage (EBIT/interest)1.3×
0.52×Debt / equity0.17×
$180BMarket cap$83M
mixedGrowth qualitymixed

Allianz SE VNA O.N. leads: 10 to 3 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.

Allianz SE VNA O.N.of which business quality 54 · market factors 72 Equity Development Investmentof which business quality 36 · market factors 42
ProfitabilityMargins and returns on capital today
30
22
Quality GrowthAre margins and returns improving?
46
54
CashflowEarnings quality: real cash, not paper profit
94
0
Fin. StrengthBalance sheet, leverage, solvency risk
10
43
InvestmentDisciplined investing over empire-building
87
100
Low VolatilityCalm price path (market factor)
90
50
MomentumPrice trend over the last 3–12 months (market factor)
64
42
52W MomentumDistance to the 52-week high (market factor)
67
33
Net IssuanceShare count: buybacks or dilution?
80
27

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 familyAllianz SE VNA O.N.Price €419Equity Development InvestmentPrice IDR 96
Dividend Discount-50%below the price€208n/a
Multiples-28%below the price€300-46%below the priceIDR 52
Asset-Based-74%below the price€111+11%close to the priceIDR 106
Economic Profit-45%below the price€230-4%close to the priceIDR 92
Minimum-74%below the price€111-46%below the priceIDR 52
Maximum-28%below the price€300+11%close to the priceIDR 106
Median-48%below the price€219-4%close to the priceIDR 92
Geometric mean-52%below the price€200-17%below the priceIDR 80

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%.

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

Equity Development Investment: 3 of 4 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.

Allianz SE VNA O.N.
Price €419
Fair Value €242
Bear €194Bull €333
Equity Development Investment
Price IDR 96
Fair Value IDR 52
Bear IDR 39Bull IDR 65

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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.

Allianz SE VNA O.N. · Financials

Quality score63 · Top 25%
Fair value upside-42% · bottom 25%

Equity Development Investment · Financials

Quality score38 · bottom 25%
Fair value upside-46% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Equity Development Investment trades at IDR 96 versus IDR 52 (-46%).

Allianz SE VNA O.N. has the higher quality score (63/100).

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.