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STOCK COMPARISON

Allianz SE VNA O.N. vs New India Assurance Company: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allianz SE VNA O.N. (ALV) and New India Assurance Company (NIACL) compare, as of Oct 2, 2026.

As of Oct 2, 2026, Fair Value Calculator sees New India Assurance Company as the less overvalued of the two: Allianz SE VNA O.N. trades at €412 versus a fair value of €230 (−44.2%), while New India Assurance Company trades at ₹160 versus ₹129 (−19.7%).
Allianz SE VNA O.N.
ALV.XETRA · EUR · Financials
−44.2%
upside to fair value
overvalued
Price€412
Fair Value€230
Quality59/100
New India Assurance Company
NIACL.NSE · INR · Financials
−19.7%
upside to fair value
overvalued
Price₹160
Fair Value₹129
Quality57/100
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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.New India Assurance Company
Valuation
13.7×P/E (TTM)18.7×
12.3×Forward P/E (FY2027)n/a
11.9×Median P/E at FY-end (10 FY, reported earnings)n/a
1.32×P/S (TTM)0.53×
2.51×P/B0.69×
7.5×EV/EBITDA3.2×
2.94×PEGn/a
−44.2%Fair value upside−19.7%
4.2%Dividend yield0.9%
€17.10Dividend per share₹1.50
Profitability
13.7%Operating margin5.5%
0.61×EBIT margin trend (5Y)0.41×
19.6%Return on equity3.4%
1.2%Return on assets1.3%
Growth
12.1%Revenue growth (YoY)13.7%
3.1%Avg. growth/yr (3Y)6.6%
3.0%Avg. growth/yr (5Y)8.6%
+15.9%Value creation/yr+0.5%
Balance & size
20.4×Interest coverage (EBIT/interest)12.7×
0.52×Debt / equityn/a
$177BMarket cap$3B
mixedGrowth qualityhealthy
Allianz SE VNA O.N., median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 11.9.
Forward P/E: price divided by the analyst consensus for the first fiscal year that has not started yet. The current year carries special items from quarters already reported.

New India Assurance Company leads: 6 to 8 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 68 New India Assurance Companyof which business quality 56 · market factors 41
ProfitabilityMargins and returns on capital today
30
24
Quality GrowthAre margins and returns improving?
46
50
CashflowEarnings quality: real cash, not paper profit
94
36
Fin. StrengthBalance sheet, leverage, solvency risk
10
76
InvestmentDisciplined investing over empire-building
87
93
Low VolatilityCalm price path (market factor)
90
41
MomentumPrice trend over the last 3–12 months (market factor)
57
49
52W MomentumDistance to the 52-week high (market factor)
61
27
Net IssuanceShare count: buybacks or dilution?
80
80

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 €412New India Assurance CompanyPrice ₹160
Dividend Discount−49.4%below the price€208−81.7%below the price₹29.37
Multiples−27.1%below the price€300−19.7%below the price₹129
Asset-Based−73.1%below the price€111−2.2%close to the price₹157
Economic Profit−46.6%below the price€220+3.1%close to the price₹165
Minimum−73.1%below the price€111−81.7%below the price₹29.37
Maximum−27.1%below the price€300+3.1%close to the price₹165
Median−48.0%below the price€214−10.9%close to the price₹143
Geometric mean−52.0%below the price€198−37.9%below the price₹99.45

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.

New India Assurance Company: 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 €412
Fair Value €230
Bear €190Bull €324
New India Assurance Company
Price ₹160
Fair Value ₹129
Bear ₹96.43Bull ₹161

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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−44.2% · bottom 25%

New India Assurance Company · Financials

Quality score57 · above median
Fair value upside−19.7% · below median

Bottom line

As of Oct 2, 2026, Fair Value Calculator sees New India Assurance Company as the less overvalued of the two: Allianz SE VNA O.N. trades at €412 versus a fair value of €230 (−44.2%), while New India Assurance Company trades at ₹160 versus ₹129 (−19.7%).

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

Open New India Assurance Company 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.