PT Victoria Insurance Tbk.

vins

Overview

VINS Overview

PT Victoria Insurance Tbk is an Indonesia-based company, which is engaged in providing general insurance. The Company’s business activities include running insurance and reinsurance business and coverage services or risk management and risk coverage. The Company's products include property insurance, motor vehicle insurance, marine cargo insurance, engineering insurance, personal accident insurance and health insurance and surety bonds insurance. The property insurance provides for financial losses caused by hazards, such as fire, lightning, container explosion, falling aircraft, and smoke arising from sudden events. The marine cargo insurance provides for goods loss or damage during marine cargo, both on land, sea and air in domestic or abroad. Motor vehicle insurance provides for losses due to motor vehicle damage or loss. Engineering Insurance is a type of insurance which provides scope for civil construction, machine installation, and machine operation.

2468101214ValueCompetitiveFutureFinancialsDividend
Exchange
Indonesia Stock Exchange

Symbol: VINS

Development
Market Cap.
IDR 192.80Billion

~$12.16M USD

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

Valuation

VINS Valuation Metrics

132

IDR

Closing Price on 2024-04-05

Price to Equity

13.79

P/E

At 13.79x P/E TTM, VINS.JK is trading in line with its peers in the Insurance sector.

Price to Book

1.22

P/B

At 1.22x P/B TTM, VINS.JK is trading at a premium to its peers in the Insurance sector (avg 0.7x).

Price to Sales

2.80

P/S

At 2.80x P/S TTM, VINS.JK is trading at a premium to its peers in the Insurance sector (avg 1.3x).

Valuing PT Victoria 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 PT Victoria Insurance Tbk. relative to other stocks in the Insurance sector

Price/Cash Flow
12.14x
Price/Forward Earnings
-
PEG Ratio
0.05x

Analyst Ratings

No analyst ratings available yet.

Last closing: IDR1322024-04-05
IDR 86.78

Considerably Lower Intrinsic Value: Analyst's intrinsic value is of VINS is IDR87, which is 33% lower than VINS's last closing price of IDR132 (as of 2024-04-05).

Valuation Recap of VINS 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 13.79x is above the ID market average of 8.22x and is trading at a premium to peers in the Insurance sector (12.09x).
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 1.22x is above the peers average of 0.74x 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 2.80x 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 VINS'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. VINS's P/CF ratio of 12.14x is considered a relatively high ratio by analysts.
Max 2
Medium
Considerably Lower Intrinsic Value: Analyst's intrinsic value is of VINS is IDR 86.78, which is 33% lower than VINS's last closing price of IDR 132.00.
Max 3

Peers

VINS 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 VINS stock
WeightNotesScore
High
At a market cap of IDR 192.80 billion, VINS.JK ranks 10 in Market Cap out of 10 companies in the Financials sector.
Max 2
High
At a PE of 13.79, VINS.JK ranks 7 out of 10 companies in the Financials sector for P/E value. The average PE is 27.84 (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 13.79, VINS.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 0.07 trillion, VINS.JK ranks 10 in Revenue out of 10 companies in the Financials sector.
Max 2
Medium
At a profit of IDR 0.01 trillion, VINS.JK ranks 10 in Profit out of 10 companies in the Financials sector.
Max 2

Future

Future Growth of VINS

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

Executive Management

President Director

Suwandi Suharto15.2 years
Drs. Fatchurhuda
Director
Rosalina Gunawan
Director
NamePositionShares%
No data is available for VINS at the moment.
Expressed in millions IDR, unless otherwise stated

Ownership

VINS Ownership

Others
26.31%
Insiders
73.69%
Institutions
0%
NameNumber of SharesOwnership (%)Value
Pt Victoria Investama Tbk1,065,546,89572.95140.65B
Public384,281,81626.350.73B
Aldo Jusuf Tjahaja10,744,9050.741.42B
No data is available for VINS at the moment.