Analyzing Corebridge Financial (NYSE:CRBG) and Ageas (OTCMKTS:AGESY)

Ageas (OTCMKTS:AGESY) and Corebridge Financial (NYSE:CRBG) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends.

Profitability

This table compares Ageas and Corebridge Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ageas	N/A	N/A	N/A
Corebridge Financial	1.20%	18.44%	0.59%

Valuation and Earnings

This table compares Ageas and Corebridge Financial”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ageas	$15.59 billion	1.12	$1.94 billion	N/A	N/A
Corebridge Financial	$20.46 billion	0.65	-$366.00 million	$0.55	54.20

Ageas has higher earnings, but lower revenue than Corebridge Financial.

Institutional & Insider Ownership

98.3% of Corebridge Financial shares are held by institutional investors. 0.3% of Corebridge Financial shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Dividends

Ageas pays an annual dividend of $3.65 per share and has a dividend yield of 4.5%. Corebridge Financial pays an annual dividend of $1.00 per share and has a dividend yield of 3.4%. Corebridge Financial pays out 181.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Corebridge Financial has raised its dividend for 1 consecutive years.

Analyst Recommendations

This is a breakdown of recent ratings for Ageas and Corebridge Financial, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ageas	0	2	1	0	2.33
Corebridge Financial	0	6	8	0	2.57

Corebridge Financial has a consensus target price of $34.91, indicating a potential upside of 17.10%. Given Corebridge Financial’s stronger consensus rating and higher probable upside, analysts clearly believe Corebridge Financial is more favorable than Ageas.

Volatility & Risk

Ageas has a beta of 0.42, meaning that its share price is 58% less volatile than the S&P 500. Comparatively, Corebridge Financial has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500.

Summary

Corebridge Financial beats Ageas on 11 of the 15 factors compared between the two stocks.

About Ageas

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property. The company serves private individuals, as well as small, medium-sized, and large companies through independent brokers and the bank channels. ageas SA/NV was founded in 1824 and is headquartered in Brussels, Belgium.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.