Asuransi Bina Dana Arta Tbk

abda

Overview

ABDA Overview

PT Asuransi Bina Dana Arta Tbk is an Indonesia-based insurance company, which is engaged in general insurance business. The Company’s products include motor vehicle insurance, property insurance, home insurance, health insurance, transportation insurance, travel insurance. Its other insurance products include cash in safe insurance, cash in transit insurance, personal accident insurance, public liability insurance, engineering insurance, oil and gas insurance, micro insurance, credit insurance, motor vehicle extra allowance insurance and movable property all risk insurance. Its motor vehicle insurance provides protection to four-wheeled or more motor vehicles and two-wheeled vehicles from the risk of collision, impact, reverse, slip or fall, untoward action, theft, and fire. The property insurance products provided by the Company include fire insurance, earthquakes insurance and Home Guardia Insurance.

246810ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ABDA

Watchlist
Market Cap.
IDR 3.10Trillion

~$195.73M USD

Industry
Insurance
Sub-Industry
General Insurance
Sector
Financials
Sub-Sector

Valuation

ABDA Valuation Metrics

5,000

IDR
0.0%

Closing Price on 2024-04-05

Price to Equity

56.77

P/E

At 56.77x P/E TTM, ABDA.JK is trading at a premium to its peers in the Insurance sector (avg 12.1x).

Price to Book

2.10

P/B

At 2.10x P/B TTM, ABDA.JK is trading at a premium to its peers in the Insurance sector (avg 0.7x).

Price to Sales

3.76

P/S

At 3.76x P/S TTM, ABDA.JK is trading at a premium to its peers in the Insurance sector (avg 1.3x).

Valuing Asuransi Bina Dana Arta Tbk based on its trailing twelve months (TTM) valuation metrics against its peers in the Insurance sector

Historical Price to Earnings

Other Valuation Metrics

Valuing Asuransi Bina Dana Arta Tbk relative to other stocks in the Insurance sector

Price/Cash Flow
87.67x
Price/Forward Earnings
-
PEG Ratio
-1.13x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of ABDA stock
WeightNotesScore
High
The P/E ratio is calculated by dividing the market price of a company's stock by its earnings per share (EPS). It is a key tool for investors and analysts to assess whether a stock is overvalued, undervalued, or fairly valued. A P/E ratio of 56.77x is above the ID market average of 8.22x and is trading at a premium to peers in the Insurance sector (12.09x). In fact, less than 25% of its peers trade at a higher P/E ratio than ABDA.
Max 3
High
The P/B ratio is calculated by dividing the market price of a company's stock by its book value per share (BVPS). It measures the company's stock value relative to its assets minus liabilities. A P/B ratio of 2.10x is above the peers average of 0.74x in the Insurance sector. ABDA trades at a higher P/B ratio than >75% of its peers in the Insurance sector.
Max 3
Medium
The P/S ratio is calculated by dividing the market price of a company's stock by its sales per share. It measures the company's stock value relative to its sales. A P/S ratio of 3.76x is above the peers average of 1.29x in the Insurance sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ABDA's valuation relative to its current sales and future earnings growth.
Max 2
Low
The Price/Cash Flow ratio (P/CF) is calculated by dividing the market price of a company's stock by its cash flow per share. It measures the company's stock value relative to its cash flow, and is sometimes said to be a more objective measure of a company's value because cash flows cannot be manipulated as easily as earnings, which considers non-cash items such as depreciation and amortization. ABDA's P/CF ratio of 87.67x is considered a relatively high ratio by analysts.
Max 2

Peers

ABDA Peers and Comparison

Peer Companies

Supertype Fuzzy Search
SymbolCompany Name
Market Cap
(in Trillion IDR)
Total Assets
(in Trillion IDR)
Total Revenue
(in Trillion IDR)
Profit and Loss
(in Trillion IDR)
P/E
P/B
BBCAPT Bank Central Asia Tbk.1,211.18T1,381.45T 98.47T 48.20T 25.135.14
BBRIPT Bank Rakyat Indonesia (Persero) Tbk851.97T1,851.96T 175.51T 56.01T 15.212.78
BMRIPT Bank Mandiri (Persero) Tbk637.00T2,007.16T 135.73T 49.58T 12.852.62
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk124.55T319.85T 19.34T 5.26T 23.703.35
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.64.54T20.17T 1.41T 0.95T 68.095.07
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk52.37T329.13T 18.53T 6.10T 8.581.11
LIFEPT MSIG Life Insurance Indonesia Tbk.12.60T14.74T 3.37T 0.26T 49.081.69
Competitiveness Recap of ABDA stock
WeightNotesScore
High
At a market cap of IDR 3,104.03 billion, ABDA.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 56.77, ABDA.JK ranks 3 out of 10 companies in the Financials sector for P/E value. The average PE is 32.14 (unadjusted). A high P/E ratio often indicates higher growth expectation, or other qualitative factors that led investors to believe that the company has a defensible competitive advantage compared to its peers in Financials. In this regard, it trails behind sector leaders such as PT Sinar Mas Multiartha Tbk (84.38) in the Financials sector.
Max 2
Medium
At a PE of 56.77, ABDA.JK is trading at a higher PE than that of its subsector peers in Insurance (median of 12.09). false●●
Max 2
Medium
At a revenue of IDR 0.83 trillion, ABDA.JK ranks 10 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 0.05 trillion, ABDA.JK ranks 10 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of ABDA

Growth Forecasts

No data available

Sector Benchmark

Insurance companies in Indonesia are growing at a projected rate of 86.43% against the IDX average of +12.0%.

Insurance sector overview
No data is available for ABDA at the moment.
Future growth prospect of ABDA
WeightNotesScore
High
ABDA's projected growth rate of 86.43% is above the ID market average of 11.98%.●●
Max 3
High
The Insurance sub-sector is projected to grow revenue by 86.43% in 2024. This number is higher than the previous year 2023's growth rate of 75.33%. This bodes well for ABDA's revenue growth prospects in the next 2 years. ●●●
Max 3
Medium
The Insurance sub-sector is projected to decrease earnings by 0.00% in 2024. This number is lower than the previous year 2023's EPS growth of 0.00%. false
Max 3
Medium
ABDA and its peers in the Insurance sub-sector belongs to the Financials sector. Companies in the Financials sector are projected to have a fruitful year heading into 2024. Specifically, earnings are projected to increase by 75.53% in 2024 while revenue growth is projected to increase by 32.25%. These macroeconomic trends will likely be a tailwind for ABDA's earnings growth prospects in the next 2 years. ●●●
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Management

Executive Management

Julien Pierre Combaret
Director
Liani Chandra
Director
Fenni Sutanto
Director
NamePositionShares%
No data is available for ABDA at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

ABDA Ownership

Others
5.03%
Insiders
94.97%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Oona Indonesia Pte. Ltd.588,313,13894.772,941.57B
Public (Scrip)1,037,6105.065.19B
Public (Scripless)31,455,9320.17157.28B
No data is available for ABDA at the moment.