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STOCK COMPARISON

Allianz SE VNA O.N. vs Momentum Metropolitan Holdings: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allianz SE VNA O.N. (ALV) and Momentum Metropolitan Holdings (MTM) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Momentum Metropolitan Holdings as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Momentum Metropolitan Holdings trades at ZAR 38.98 versus ZAR 32.71 (-16%).
Allianz SE VNA O.N.
ALV.XETRA · EUR · Financials
-42%
upside to fair value
overvalued
Price€419
Fair Value€242
Quality59/100
Momentum Metropolitan Holdings
MTM.JSE · ZAC · Financials
-16%
upside to fair value
overvalued
PriceZAR 38.98
Fair ValueZAR 32.71
Quality51/100
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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.Momentum Metropolitan Holdings
Valuation
13.7×P/E (TTM)8.7×
1.53×P/S (TTM)0.85×
2.91×P/B1.64×
8.6×EV/EBITDA1.5×
2.94×PEG180.92×
−42.3%Fair value upside−16.1%
4.1%Dividend yield5.1%
€17.10Dividend per shareZAR 2.00
Profitability
14%Operating margin23%
0.61×EBIT margin trend (5Y)1.44×
20%Return on equity19%
1%Return on assets1%
Growth
12%Revenue growth (YoY)5%
3.1%Avg. growth/yr (3Y)n/a
3.0%Avg. growth/yr (5Y)n/a
+15.8%Value creation/yr+90.8%
Balance & size
20.4×Interest coverage (EBIT/interest)6.8×
0.52×Debt / equity0.15×
$182BMarket cap$3B
mixedGrowth qualityhealthy

Momentum Metropolitan Holdings leads: 2 to 11 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 Momentum Metropolitan Holdingsof which business quality 45 · market factors 68
ProfitabilityMargins and returns on capital today
30
30
Quality GrowthAre margins and returns improving?
46
48
CashflowEarnings quality: real cash, not paper profit
94
40
Fin. StrengthBalance sheet, leverage, solvency risk
10
15
InvestmentDisciplined investing over empire-building
87
64
Low VolatilityCalm price path (market factor)
90
92
MomentumPrice trend over the last 3–12 months (market factor)
64
54
52W MomentumDistance to the 52-week high (market factor)
67
64
Net IssuanceShare count: buybacks or dilution?
80
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 familyAllianz SE VNA O.N.Price €419Momentum Metropolitan HoldingsPrice ZAR 38.98
Dividend Discount-50%below the price€208-34%below the priceZAR 25.60
Multiples-28%below the price€300+23%above the priceZAR 47.86
Asset-Based-74%below the price€111-57%below the priceZAR 16.93
Economic Profit-45%below the price€230-2%close to the priceZAR 38.35
Minimum-74%below the price€111-57%below the priceZAR 16.93
Maximum-28%below the price€300+23%above the priceZAR 47.86
Median-48%below the price€219-18%below the priceZAR 31.97
Geometric mean-52%below the price€200-23%below the priceZAR 29.86

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.

Momentum Metropolitan Holdings: 5 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.

Allianz SE VNA O.N.
Price €419
Fair Value €242
Bear €194Bull €333
Momentum Metropolitan Holdings
Price ZAR 38.98
Fair Value ZAR 32.71
Bear ZAR 25.11Bull ZAR 56.53

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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 score59 · above median
Fair value upside-42% · bottom 25%

Momentum Metropolitan Holdings · Financials

Quality score51 · below median
Fair value upside-16% · below median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Momentum Metropolitan Holdings as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Momentum Metropolitan Holdings trades at ZAR 38.98 versus ZAR 32.71 (-16%).

Allianz SE VNA O.N. has the higher quality score (59/100).

Open Momentum Metropolitan Holdings 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.