Lippo General Insurance Tbk

lpgi

-0.54%

Overview

LPGI Overview

PT Lippo General Insurance Tbk is an Indonesia-based company, which is engaged in providing insurance. The Company’s segments include Health, Fire, Credit Insurance and Bonds, Motor Vehicle, Marine Cargo, Life and Death, Engineering and others. Its product categories include fire insurance, health insurance for individuals, families, and company employees, motor vehicle insurance, transportation insurance, and various other insurances. Its health insurance products include Medicare, HealthPlus + Family, HealthPlus + Micro, HealthPlus + Business and Prima Health Protection. Its non-insurance products include Home Care, Auto Protection, Motor Protection, Marine Cargo, MyTravel Protection International and MyTravel Domestic and Business Care. Its services include partner workshop, eBenefit apps, hospitality and clinic provider, Medicare provider, personal medical assistant and ePolicy. It provides protection insurance for four-wheel or more motor vehicles with basic insurance coverage.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: LPGI

Main
Market Cap.
IDR 1.10Trillion

~$68.62M USD

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

Valuation

LPGI Valuation Metrics

3,660

IDR
-0.5%

Closing Price on 2024-04-16

Price to Equity

-26.88

P/E

At -26.88x P/E TTM, LPGI.JK is trading at a discount to its peers in the Insurance sector.

Price to Book

1.31

P/B

At 1.31x P/B TTM, LPGI.JK is trading at a premium to its peers in the Insurance sector (avg 0.7x).

Price to Sales

0.38

P/S

At 0.38x P/S TTM, LPGI.JK is trading at a discount to its peers in the Insurance sector.

Valuing Lippo General Insurance 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 Lippo General Insurance Tbk relative to other stocks in the Insurance sector

Price/Cash Flow
37.77x
Price/Forward Earnings
-
PEG Ratio
0.26x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR3,6602024-04-16
IDR 529.58

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of LPGI is IDR530, which is 85% lower than LPGI's last closing price of IDR3,660 (as of 2024-04-16).

Valuation Recap of LPGI 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 -26.88x is below the ID market average of 8.20x and is trading at a discount to peers in the Insurance sector (11.56x). In fact, less than 25% of its peers trade at a lower P/E ratio than LPGI.●●●
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 1.31x is above the peers average of 0.72x in the Insurance sector. LPGI 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 0.38x is below the peers average of 1.25x in the Insurance sector. When considered alongside the Forward Price/Earnings ratio, they serve to illustrate investors' expectations of LPGI'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. LPGI's P/CF ratio of 37.77x is considered a relatively high ratio by analysts.
Max 2
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of LPGI is IDR 529.58, which is 85% lower than LPGI's last closing price of IDR 3,660.00.
Max 3

Peers

LPGI 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) Tbk806.73T1,851.96T 175.51T 56.01T 14.402.63
BMRIPT Bank Mandiri (Persero) Tbk618.33T2,007.16T 135.73T 49.58T 12.472.54
BBNIPT Bank Negara Indonesia (Persero) Tbk193.52T1,086.66T 61.51T 20.91T 9.261.29
BRISPT Bank Syariah Indonesia Tbk117.63T319.85T 19.34T 5.26T 22.383.16
SMMAPT Sinar Mas Multiartha Tbk92.97T106.59T 28.35T 1.10T 84.384.30
DNETPT Indoritel Makmur Internasional Tbk.65.81T20.17T 1.41T 0.95T 69.445.17
MEGABank Mega Tbk59.59T132.12T 7.81T 3.51T 16.972.74
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 LPGI stock
WeightNotesScore
High
At a market cap of IDR 1,098.00 billion, LPGI.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of -26.88, LPGI.JK ranks 10 out of 10 companies in the Financials sector for P/E value. The average PE is 23.49 (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 -26.88, LPGI.JK is trading at a lower PE than that of its subsector peers in Insurance (median of 11.56). A lower P/E value presents a potential value opportunity, but it might also indicate that the company is facing headwinds in its business.
Max 2
Medium
At a revenue of IDR 2.91 trillion, LPGI.JK ranks 9 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of -IDR 0.04 trillion, LPGI.JK ranks 10 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of LPGI

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 LPGI at the moment.
Future growth prospect of LPGI
WeightNotesScore
High
LPGI's projected growth rate of 86.43% is above the ID market average of 7.62%.●●
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 LPGI'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
LPGI 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 76.15% in 2024 while revenue growth is projected to increase by 34.28%. These macroeconomic trends will likely be a tailwind for LPGI's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Agus Benjamin15.2 years

Vice President Director

Choi Hyunhee * (Belum Efektif)15.4 years
Gilbert D. Naibaho
Director
Kwon Gi Han (Belum Efektif)
Director
NamePositionShares%
No data is available for LPGI at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

LPGI Ownership

Others
2.64%
Insiders
82.46%
Institutions
14.9%
NameNumber of SharesOwnership (%)Value
Pt Hanwha Life Insurance Indonesia178,392,70059652.92B
Pt Inti Anugerah Pratama69,000,00023252.54B
Hanwha General Insurance, Co.,Ltd44,700,00015163.60B
Public (Scripless)7,852,300328.74B
No data is available for LPGI at the moment.