Aegon Ltd.
AEGAegon Ltd.'s earnings have outrun its stock. EPS grew +59.5% in a year against a +35.4% price move.
Biggest watch item: the net margin is the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on the net margin holding.
The price is in a confirmed uptrend (18 weeks in). Underneath, the last four quarters read improving — profit +132.5% year on year, with the the net margin at 71.1%. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Aegon Ltd. trades at $9.4, in a confirmed uptrend and 18 weeks into that stage. That is +18.3% against its own 200-day average. It sits at 98% of a 52-week range of $7 to $9. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 13 straight weeks.
Today the stock is in a confirmed uptrend — week 18 of stage 2. At $9.4 it trades +18.3% versus its 200-day average and sits at 98% of its 52-week range ($7–$9).
Against the market, two honest reads. Cumulative: over the last 10.1 years the stock moved +156% while the S&P 500 moved +263% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 13 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each $1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
Aegon Ltd. trades at 1.3× P/BV, against too little history to rank. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 1.3× is against too little history to rank. This is a comparison against the stock's own history — not a claim about what it is worth.
The honest context for that discount: a bank earning about 10% on its equity is worth less per dollar of book, and the market has priced that in rather than overlooked it. The discount closes only if the returns themselves improve.
Why the multiple sits where it does: over the past year book value grew while the price moved +35.4% — price and book moved together, holding the multiple in its range.
Put together: the multiple is unremarkable against its own past, so the story rests on the book-value line underneath it, not the multiple.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Aegon Ltd. reads as turning around on its fundamental arc. Turning around — profit growth swung from −781.5% at the trough to +177.6% off a 5-quarter-old trough, ROE lifting at 228.8%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −1.3% | −3.7% | — | — |
| Profit | +73.4% | +7.2% | — | — |
| EPS | +59.5% | — | — | — |
| Stock price | +35.4% | +20.4% | +16.4% | +8.6% |
4-Factor Sector Score
67.7/100 — rank 8 of 10 in Insurance - Diversified · 50% evidence confidence · provisional, ranked below fully-evidenced peers
Aegon Ltd. scores 67.7 out of 100 against the 10 companies it is compared with in Insurance - Diversified, ranking 8. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 18.8 + 17 + 16.3 + 15.6 = 67.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fees from its businesses.
Aegon Ltd. reported $20.4 B of income in the Dec 25 quarter, +72.8% year on year. That is the 2nd straight quarter of year-on-year growth. Over 4 years it has compounded at −27.0% a year. The last full year, FY25, came in at $13.3 B. The last four reported quarters add to $46.2 B.
FY25 revenue came in at $13.3 B (−1.3% on the year), capping 4 years at −27.0% compound. The latest quarter (Dec 25) printed $20.4 B, +72.8% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +16.2% growth against the decade's −27.0% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +30.8% over the last 4 quarters against −21.0%/yr over the last 8 — accelerating.
Net margin Net margin — what the bank keeps of every $100 of revenue after every cost, provision and tax. With big fee businesses in the mix, it is the cleanest margin we can read for this bank.
Aegon Ltd.'s net margin is 71.1% in the Dec 25 quarter, +18.3 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across the last four quarters the net margin has moved +21.0 percentage points. Across 5 fiscal years the net margin has ranged −4.6% to 8.4%.
The latest quarter's net margin is 71.1%, +18.3 pp against the same quarter a year ago. Across 5 fiscal years the net margin has ranged −4.6%–8.4%, and FY25's 8.4% is the top of that band — a record year.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Aegon Ltd. earned $14.5 B of net profit in the Dec 25 quarter, +132.5% year on year. It is the 2nd consecutive quarter of growth. Full-year FY25 profit was $1.1 B. The 4-year compound rate is −3.1%. That is 71.1% of the quarter's revenue. The same quarter a year earlier earned $6.8 B.
Dec 25 profit was $14.5 B, +132.5% year on year — the 2nd consecutive quarter of growth. On the full year, FY25 printed $1.1 B (+73.4%), and the 4-year compound rate is −3.1%.
Why profit moved: revenue contributed +72.8% and the margin +18.3 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +241.2% vs revenue +16.2%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra dollar of revenue drops more to the bottom line.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Loan-book quality history is not available for Aegon Ltd., so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line. The income, margin and return sections above carry the evidence this business does report.
We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.
Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.
The loan book We read the loan book through revenue — when the book and the businesses grow, revenue grows with them. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
Aegon Ltd.'s revenue grew −1.3% in FY25 to $13.3 B, so the book is flat. The latest quarter ran +72.8% year on year. The net margin on that income is 71.1%, +18.3 percentage points against a year ago. Interest income is a proxy for the book; rate moves can shift it a few points in any one year.
FY25 revenue was $13.3 B, −1.3% on the year, and the latest quarter ran +72.8% year on year. The net margin on that revenue is 71.1% this quarter (+18.3 pp YoY) — growth with a widening margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — with quarterly loan-quality numbers missing here, revenue growth and margin are the two we watch.
Returns on equity and assets Two numbers rate a bank: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys. ROE above ~13–15% earns its keep; below that, growth builds book slowly.
Aegon Ltd. earns a return on equity of 12% in FY25. Its trough over the ladder below was −6% in FY23. On the asset side every $100 of the balance sheet earned about $0.14, which is the return before leverage is applied.
FY25 ROE came in at 12%, recovered from a FY23 trough of −6%. On assets, the latest reading is about 0.14% — every $100 the bank deploys earns roughly $0.14 a year. That return is below the bar a bank must clear to compound book value quickly — which is also the honest reason the stock trades where it does.
Why ROE moved: profit compounded −3.1% a year over 4 years while the equity base grew more slowly — earnings recovering faster than book value builds is what lifts ROE off a trough.
Dividend
Aegon Ltd. pays no dividend. Across the last 12 reported quarters it has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings rather than distribute them, which makes the cash-flow and reinvestment sections the place that cash shows up.
Aegon Ltd. does not currently pay a dividend. Across the last 12 reported quarters the company has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings instead of distributing them.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
0.3% of Aegon Ltd.'s tradable float is currently sold short — the crowd is not positioned against this stock. At typical trading volumes those positions would take about 0.8 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
The latest reading: 0.3% of the float is sold short, and at typical trading volumes it would take about 0.8 days to buy those positions back. The crowd is not positioned against this stock. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.
Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Aegon Ltd.: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1International General Insurance Holdings Ltd.IGIC | 57.9/100Mixed-positive evidence70% evidence | TURNING | 10.8/35 Income -4.5% · PAT -1.6% 71% evidence | 19.2/25 ROA 4% · ROE 18.5% · GNPA — 68% evidence | 14.9/20 P/BV 1.56× · P/BV÷ROE 0.08 70% evidence | 13.0/20 RS sector 6.6% · RS bench 1.5% · 1Y 17.7%3 of 12 weeks ahead 70% evidence |
| Exact sum: 10.8 + 19.2 + 14.9 + 13 = 57.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 2Pelagos Insurance Capital LimitedPLGO | 57.2/100Mixed-positive evidence67% evidence | LEADER | 19.4/35 Income -4.1% · PAT — 45% evidence | 9.9/25 ROA 0.9% · ROE 4.6% · GNPA — 68% evidence | 8.6/20 P/BV 0.72× · P/BV÷ROE 0.16 70% evidence | 19.3/20 RS sector 17.8% · RS bench 12.4% · 1Y 49.3%11 of 12 weeks ahead 100% evidence |
| Exact sum: 19.4 + 9.9 + 8.6 + 19.3 = 57.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3The Hartford Insurance Group, Inc.HIG | 47.7/100Mixed-negative evidence60% evidence | TURNING | 18.0/35 Income — · PAT — 26% evidence | 13.5/25 ROA 1.2% · ROE 7% · GNPA — 68% evidence | 7.7/20 P/BV 1.83× · P/BV÷ROE 0.26 70% evidence | 8.5/20 RS sector -0.3% · RS bench -5.2% · 1Y 10.8%0 of 12 weeks ahead 100% evidence |
| Exact sum: 18 + 13.5 + 7.7 + 8.5 = 47.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Sun Life Financial Inc.SLF | 44.0/100Mixed-negative evidence76% evidence | BREAKING OUT | 13.7/35 Income 3% · PAT -2% 71% evidence | 7.6/25 ROA 0.2% · ROE 2% · GNPA — 68% evidence | 3.8/20 P/BV 1.93× · P/BV÷ROE 0.96 70% evidence | 18.9/20 RS sector 17.3% · RS bench 11.9% · 1Y 45.8%9 of 12 weeks ahead 100% evidence |
| Exact sum: 13.7 + 7.6 + 3.8 + 18.9 = 44 · Decision use: Price leads the evidence: RS versus the benchmark is 11.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 5American International Group, Inc.AIG | 39.4/100Mixed-negative evidence76% evidence | BASING | 21.2/35 Income -2.3% · PAT 21.6% 71% evidence | 8.2/25 ROA 0.6% · ROE 1.9% · GNPA — 68% evidence | 5.6/20 P/BV 0.99× · P/BV÷ROE 0.52 70% evidence | 4.4/20 RS sector -4.2% · RS bench -8.9% · 1Y 1.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 21.2 + 8.2 + 5.6 + 4.4 = 39.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Berkshire Hathaway Inc.BRK-B | 36.1/100Mixed-negative evidence76% evidence | TURNING | 13.5/35 Income 1.1% · PAT -10.6% 71% evidence | 9.5/25 ROA 1% · ROE 1.5% · GNPA — 68% evidence | 5.0/20 P/BV 1.42× · P/BV÷ROE 0.95 70% evidence | 8.1/20 RS sector -0.9% · RS bench -5.8% · 1Y 11.1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13.5 + 9.5 + 5 + 8.1 = 36.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Brookfield Wealth Solutions Ltd.BNT | 20.0/100Adverse evidence67% evidence | BASING | 10.7/35 Income -25% · PAT -12.7% 45% evidence | 5.4/25 ROA 0.4% · ROE 0.5% · GNPA — 68% evidence | 3.8/20 P/BV 0.81× · P/BV÷ROE 1.63 70% evidence | 0.1/20 RS sector -4.8% · RS bench -9.5% · 1Y 4.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 10.7 + 5.4 + 3.8 + 0.1 = 20 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Aegon Ltd.this pageAEG | 67.7/100Thin evidence · provisional50% evidence | LEADER | 18.8/35 Income — · PAT — 8% evidence | 17.0/25 ROA 2.3% · ROE 76.9% · GNPA — 51% evidence | 16.3/20 P/BV 1.33× · P/BV÷ROE 0.02 70% evidence | 15.6/20 RS sector 11.9% · RS bench 6.6% · 1Y 27.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 18.8 + 17 + 16.3 + 15.6 = 67.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 9Exzeo Group, Inc.XZO | 55.7/100Thin evidence · provisional47% evidence | TURNING | 22.4/35 Income — · PAT 22.6% 45% evidence | 17.6/25 ROA 9.8% · ROE 14.8% · GNPA — 68% evidence | 5.7/20 P/BV 4.85× · P/BV÷ROE 0.33 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —2 of 12 weeks ahead 0% evidence |
| Exact sum: 22.4 + 17.6 + 5.7 + 10 = 55.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10Arch Capital Group Ltd.ACGL | 42.9/100Thin evidence · provisional48% evidence | TURNING | 14.1/35 Income — · PAT — 26% evidence | 12.5/25 ROA 11.2% · ROE -0.2% · GNPA — 68% evidence | 9.8/20 P/BV 1.41× · P/BV÷ROE — 10% evidence | 6.5/20 RS sector -0.4% · RS bench -5.3% · 1Y 12%0 of 12 weeks ahead 100% evidence |
| Exact sum: 14.1 + 12.5 + 9.8 + 6.5 = 42.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Aegon Ltd.'s stock price today?
Aegon Ltd. trades at $9.4, +35.4% over the past year. The company is valued at $14.0 B. The stock sits at 98% of its 52-week range of $7–$9, +18.3% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 18 weeks in. — as of 5 August 2026.
What were Aegon Ltd.'s latest quarterly results?
Aegon Ltd. reported total income of $20.4 B and net profit of $14.5 B for the Dec 25 quarter. Income rose 72.8% and profit rose 132.5% year on year. Earnings per share were $0.23. The net margin was 71.1%, 18.3 pp higher than a year earlier. — as of 5 August 2026.
What is Aegon Ltd.'s revenue?
Aegon Ltd. reported revenue of $20.4 B in the Dec 25 quarter, +72.8% year on year. For the full FY25 fiscal year, revenue was $13.3 B (−1.3%). Over the last 4 years revenue compounded at −27.0% a year. — as of 5 August 2026.
What is Aegon Ltd.'s profit?
Aegon Ltd. earned $14.5 B of net profit in the Dec 25 quarter, +132.5% year on year — the 2nd straight quarter of growth. Full-year FY25 profit was $1.1 B. The net margin ran 71.1% in the latest quarter. — as of 5 August 2026.
What is Aegon Ltd.'s market cap?
Aegon Ltd.'s market capitalisation is $14.0 B at a stock price of $9.4. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 5 August 2026.
Does Aegon Ltd. pay a dividend?
No — Aegon Ltd. has declared no dividend per share in any of its last 12 reported quarters, so there is no payout history and no yield to quote. That is a reading of the filed statements, not an estimate. — as of 5 August 2026.
Is Aegon Ltd. growing?
Yes — Aegon Ltd. is growing: latest-quarter revenue +72.8% year on year, profit +132.5%, and the the net margin +18.3 pp at 71.1%. The 4-year compound rates are −27.0% (revenue) and −3.1% (profit). The earnings engine currently reads: improving — as of 5 August 2026.
How is Aegon Ltd. performing?
Aegon Ltd. is in a confirmed uptrend, 18 weeks in. Its latest quarter's income rose 72.8% and profit rose 132.5% year on year. Against the S&P 500 it has been ahead on a trailing-13-week view for 13 weeks. This describes what the data did, not a rating. — as of 5 August 2026.
What stage is Aegon Ltd. in?
Turning around — profit growth swung from −781.5% at the trough to +177.6% off a 5-quarter-old trough, ROE lifting at 228.8%. The read comes from the last 12 quarters of growth (revenue growth +30.8% latest, profit growth +177.6% latest, eps growth −84.1% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 5 August 2026.
Is Aegon Ltd. in an uptrend?
Yes — the price is in a confirmed uptrend (week 18 of stage 2), trading +18.3% versus its 200-day average and at 98% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 5 August 2026.
Is Aegon Ltd. beating the market?
On recent form, yes — Aegon Ltd. has been ahead of the S&P 500 on a trailing-13-week view for 13 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.1 years the stock moved +156% against the S&P 500's +263% — behind the index over the full window. — as of 5 August 2026.
Will Aegon Ltd.'s stock price go up?
This page publishes no price forecast for Aegon Ltd. What it measures instead: the stock price is $9.4, the price is in a confirmed uptrend 18 weeks in. Direction is not something this site claims to know. — as of 5 August 2026.
Is the market betting against Aegon Ltd.?
No — short interest is 0.3% of Aegon Ltd.'s tradable float, about 0.8 days to cover at typical volumes. That is a low reading: the crowd is not positioned against this stock. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 5 August 2026.
Is Aegon Ltd.'s loan book healthy?
We do not hold quarterly loan-book quality numbers for Aegon Ltd., so this page says that plainly. The cleanest available reads are revenue growth (−1.3% in FY25) and the net margin on it (71.1%) — as of 5 August 2026.
Where is Aegon Ltd. in its business cycle?
Aegon Ltd.'s FY25 net margin was 8.4%, against a 5-year band of −4.6%–8.4%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 71.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 5 August 2026.
What could break the Aegon Ltd. story?
Biggest watch item: the net margin is the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on the net margin holding. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 5 August 2026.
Is Aegon Ltd. a stock worth studying right now?
This is not investment advice. The machine read: Aegon Ltd.'s earnings have outrun its stock. EPS grew +59.5% in a year against a +35.4% price move. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 5 August 2026.