Paninvest Tbk

pnin

Overview

PNIN Overview

PT Paninvest Tbk is an Indonesia-based company, which is engaged in tourism business. The Company’s segments include Life Insurance and Business Consulting Service, Trading and Service, and Tourism. The Company’s subsidiaries include PT Panin Financial Tbk, PT Panin Geninholdco, PT Panin Internasional and PT Panin Dai-ichi Life. PT Panin Financial Tbk is engaged in business consulting services, management and general administration. PT Panin Internasional is engaged in management consulting in the field of archives. PT Panin Dai-ichi Life is engaged in life insurance business.

51015ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: PNIN

Main
Market Cap.
IDR 3.74Trillion

~$235.97M USD

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

Valuation

PNIN Valuation Metrics

915

IDR

Closing Price on 2024-04-05

Price to Equity

3.47

P/E

At 3.47x P/E TTM, PNIN.JK is trading at a discount to its peers in the Insurance sector.

Price to Book

0.17

P/B

At 0.17x P/B TTM, PNIN.JK is trading at a discount to its peers in the Insurance sector.

Price to Sales

1.35

P/S

At 1.35x P/S TTM, PNIN.JK is trading in line with its peers in the Insurance sector.

Valuing Paninvest 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 Paninvest Tbk relative to other stocks in the Insurance sector

Price/Cash Flow
-4.22x
Price/Forward Earnings
-
PEG Ratio
-0.11x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR9152024-04-05
IDR 3,347.01

Considerably Higher Intrinsic Value: Analyst's intrinsic value is of PNIN is IDR3,347, which is 267% higher than PNIN's last closing price of IDR915 (as of 2024-04-05).

Valuation Recap of PNIN 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 3.47x is below the ID market average of 8.22x and is trading at a discount to peers in the Insurance sector (12.09x). In fact, less than 25% of its peers trade at a lower P/E ratio than PNIN.●●●
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 0.17x is below the peers average of 0.74x in the Insurance sector. In fact, less than 25% of its peers trade at a lower P/B ratio than PNIN.●●●
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 1.35x is similar to 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 PNIN'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. PNIN's P/CF ratio of -4.22x is considered healthy by analysts.●●
Max 2
Medium
Considerably Higher Intrinsic Value: Analyst's intrinsic value is of PNIN is IDR 3,347.01, which is 267% higher than PNIN's last closing price of IDR 915.00.●●●
Max 3

Peers

PNIN 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 PNIN stock
WeightNotesScore
High
At a market cap of IDR 3,742.21 billion, PNIN.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 3.47, PNIN.JK ranks 10 out of 10 companies in the Financials sector for P/E value. The average PE is 26.81 (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 3.47, PNIN.JK is trading at a lower PE than that of its subsector peers in Insurance (median of 12.09). 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 2.77 trillion, PNIN.JK ranks 9 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 1.08 trillion, PNIN.JK ranks 9 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of PNIN

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 PNIN at the moment.
Future growth prospect of PNIN
WeightNotesScore
High
PNIN'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 PNIN'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
PNIN 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 PNIN's earnings growth prospects in the next 2 years. ●●●
Max 3
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Management

Executive Management

President Director

Paulus Indra Intan15.2 years

Vice President Director

Akijat Lukito15.4 years
Christine Dewi
Director
NamePositionShares%
Mumin Ali GunawanCommissioner83,163,1882.04
Expressed in millions IDR, unless otherwise stated

Ownership

PNIN Ownership

Others
27.21%
Insiders
71.86%
Institutions
0.93%
NameNumber of SharesOwnership (%)Value
Pt Paninkorp1,208,583,00029.711,105.85B
Public (Scripless)1,075,820,04226.45984.38B
Pt Famlee Invesco743,490,50018.28680.29B
Crystal Chain Holdings Ltd393,852,6889.68360.38B
Omnicourt Group Limited249,462,9706.13228.26B
Dana Pensiun Karyawan Panin Bank245,077,1426.02224.25B
Mumin Ali Gunawan83,163,1882.0476.09B
Public (Scrip)68,874,3901.6963.02B
No data is available for PNIN at the moment.