PT Asuransi Maximus Graha Persada Tbk.

asmi

-5.56%

Overview

ASMI Overview

PT Asuransi Maximus Graha Persada Tbk is an Indonesia-based company engaged in providing general insurance services. The Company is primarily engaged in the business of conventional and sharia non-life insurance. The Company offers insurance products with a variety of coverage to meet the specific needs of the customers. Its products include property insurance, motor vehicle insurance, engineering insurance, marine cargo insurance, liability insurance, marine hull insurance, health insurance, surety bond, civil engineering completed risks and miscellaneous insurances, which includes burglary insurance, personal accident insurance, movable assets insurance, money insurance, professional indemnity insurance, and sharia insurance. The Company’s operations are located in five principal geographical areas, such as Sumatera, Java, Bali, Sulawesi, and Kalimantan.

2468101214ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: ASMI

Watchlist
Market Cap.
IDR 152.29Billion

~$9.52M USD

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

Valuation

ASMI Valuation Metrics

17

IDR
-5.6%

Closing Price on 2024-04-18

Price to Equity

-10.93

P/E

At -10.93x P/E TTM, ASMI.JK is trading at a discount to its peers in the Insurance sector.

Price to Book

0.39

P/B

At 0.39x P/B TTM, ASMI.JK is trading at a discount to its peers in the Insurance sector.

Price to Sales

0.39

P/S

At 0.39x P/S TTM, ASMI.JK is trading at a discount to its peers in the Insurance sector.

Valuing PT Asuransi Maximus Graha Persada 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 PT Asuransi Maximus Graha Persada Tbk. relative to other stocks in the Insurance sector

Price/Cash Flow
5.49x
Price/Forward Earnings
-
PEG Ratio
0.03x

Analyst Ratings

No analyst ratings available yet.

Valuation Recap of ASMI 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 -10.93x is below the ID market average of 8.46x and is trading at a discount to peers in the Insurance sector (11.14x). In fact, less than 25% of its peers trade at a lower P/E ratio than ASMI.

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 0.39x is similar to the peers average of 0.73x in the Insurance sector. In fact, less than 25% of its peers trade at a lower P/B ratio than ASMI.

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 0.39x is below the peers average of 1.27x in the Insurance sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of ASMI's valuation relative to its current sales and future earnings growth.

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. ASMI's P/CF ratio of 5.49x is considered healthy by analysts.

Peers

ASMI 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.1,168.03T1,381.45T 98.47T 48.20T 24.234.95
BBRIPT Bank Rakyat Indonesia (Persero) Tbk825.58T1,851.96T 175.51T 56.01T 14.742.69
BMRIPT Bank Mandiri (Persero) Tbk634.67T2,007.16T 135.73T 49.58T 12.802.61
BBNIPT Bank Negara Indonesia (Persero) Tbk197.25T1,086.66T 61.51T 20.91T 9.431.31
BRISPT Bank Syariah Indonesia Tbk119.94T319.85T 19.34T 5.26T 22.823.23
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.65.53T20.71T 1.39T 0.72T 90.885.11
MEGABank Mega Tbk60.47T132.12T 7.81T 3.51T 17.222.78
BNGAPT Bank CIMB Niaga Tbk50.38T329.13T 18.53T 6.10T 8.261.07
LIFEPT MSIG Life Insurance Indonesia Tbk.12.60T14.74T 3.37T 0.26T 49.081.69
Competitiveness Recap of ASMI stock
WeightNotesScore
High
At a market cap of IDR 152.29 billion, ASMI.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.

High
At a PE of -10.93, ASMI.JK ranks 10 out of 10 companies in the Financials sector for P/E value. The average PE is 27.38 (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 Indoritel Makmur Internasional Tbk. (90.88) in the Financials sector.

Medium
At a PE of -10.93, ASMI.JK is trading at a lower PE than that of its subsector peers in Insurance (median of 11.14). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.

Medium
At a revenue of IDR 0.39 trillion, ASMI.JK ranks 10 in Revenue out of 10 companies in the Financials sector.

Medium
At a profit of -IDR 0.01 trillion, ASMI.JK ranks 10 in Profit out of 10 companies in the Financials sector.

Future

Future Growth of ASMI

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 +7.6%.

Insurance sector overview
No data is available for ASMI at the moment.
Future growth prospect of ASMI
WeightNotesScore
High
ASMI's projected growth rate of 86.43% is above the ID market average of 7.62%.

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 ASMI's revenue growth prospects in the next 2 years.

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

Medium
ASMI 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 72.75% in 2024 while revenue growth is projected to increase by 34.06%. These macroeconomic trends will likely be a tailwind for ASMI's earnings growth prospects in the next 2 years.

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Management

Executive Management

President Director

Jemmy Atmadja15.2 years
Norvin Osel
Director
Lianny
Director
NamePositionShares%
No data is available for ASMI at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

ASMI Ownership

Others
68.93%
Insiders
30.97%
Institutions
0.1%
NameNumber of SharesOwnership (%)Value
Treasury Stock5,884,986,26065.69100.04B
Pt Asuransi Jiwa Kresna2,684,208,80029.9645.63B
Public (Scripless)298,970,4003.345.08B
Indomitra Prima Sejati, Pt90,215,0001.011.53B

Largest Institutional Buy

No data is available for ASMI at the moment.

Largest Institutional Sell

Dimensional Fund Advisors LP
Sold 31-01-2024
-554,774 shares

Institutional Transactions

Tracking institutional transactions buying / selling of ASMI stock