Financials MS&AD Insurance Group Holdings, Inc. Deutsche Boerse AG

Equities

59M

JP3890310000

Property & Casualty Insurance

Real-time Estimate Tradegate 07:15:48 2024-07-10 am EDT 5-day change 1st Jan Change
22.6 EUR +5.61% Intraday chart for MS&AD Insurance Group Holdings, Inc. +3.70% +90.91%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,721,378 1,813,639 2,177,752 2,193,722 4,297,959 5,977,904 - -
Enterprise Value (EV) 1 2,530,471 2,622,732 2,960,654 2,193,722 5,013,004 6,777,904 6,777,904 5,977,904
P/E ratio 12.2 x 12.7 x 8.38 x 13.7 x 11.7 x 9.39 x 9.26 x 9.12 x
Yield 4.96% 4.77% 4.52% 4.87% 3.32% 3.86% 3.94% 4.32%
Capitalization / Revenue 0.33 x 0.37 x 0.42 x 0.42 x 0.65 x 0.98 x 0.88 x 0.85 x
EV / Revenue 0.49 x 0.54 x 0.58 x 0.42 x 0.76 x 1.11 x 1 x 0.85 x
EV / EBITDA - - - - - - - -
EV / FCF 4,565,939 x -6,286,736 x 19,329,960 x 19,913,602 x 10,819,184 x - - -
FCF Yield 0% -0% 0% 0% 0% - - -
Price to Book 0.7 x 0.59 x 0.67 x 0.73 x 0.96 x 1.3 x 1.32 x 1.31 x
Nbr of stocks (in thousands) 1,707,151 1,674,644 1,642,347 1,602,817 1,585,378 1,585,651 - -
Reference price 2 1,008 1,083 1,326 1,369 2,711 3,770 3,770 3,770
Announcement Date 5/20/20 5/20/21 5/20/22 5/19/23 5/20/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 5,168,361 4,892,244 5,132,042 5,251,271 6,572,889 6,105,250 6,784,420 7,020,620
EBITDA - - - - - - - -
EBIT 1 - 201,727 370,027 235,456 462,263 460,691 459,109 443,789
Operating Margin - 4.12% 7.21% 4.48% 7.03% 7.55% 6.77% 6.32%
Earnings before Tax (EBT) 1 12,505 201,727 370,027 235,456 462,263 913,956 821,783 832,023
Net income 1 143,030 144,398 262,799 161,530 369,266 628,010 610,140 621,763
Net margin 2.77% 2.95% 5.12% 3.08% 5.62% 10.29% 8.99% 8.86%
EPS 2 82.79 85.26 158.2 99.93 231.8 401.5 407.0 413.2
Free Cash Flow 554,206 -417,185 153,164 110,162 463,344 - - -
FCF margin 10.72% -8.53% 2.98% 2.1% 7.05% - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) 387.48% - 58.28% 68.2% 125.48% - - -
Dividend per Share 2 50.00 51.67 60.00 66.67 90.00 145.6 148.5 162.8
Announcement Date 5/20/20 5/20/21 5/20/22 5/19/23 5/20/24 - - -
1JPY in Million2JPY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Marzo 2021 S1 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 S1 2024 Q3
Net sales 1 2,734,493 2,551,183 1,186,962 1,393,897 1,314,730 1,508,885 2,823,615 1,196,056 - 1,975,937 - 3,628,542 1,319,249
EBITDA - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 112,697 175,759 111,455 - 85,343 - -28,209 166,165 - 150,429 - 120,354 255,750
Net income 1 96,630 124,824 79,793 58,182 60,426 -94,003 -33,577 121,527 73,580 111,617 -24,106 87,511 194,085
Net margin 3.53% 4.89% 6.72% 4.17% 4.6% -6.23% -1.19% 10.16% - 5.65% - 2.41% 14.71%
EPS 2 56.89 74.75 48.02 35.40 36.84 -57.44 -20.60 74.86 45.67 69.69 -14.92 54.76 121.8
Dividend per Share 2 25.00 27.50 - 32.50 - 33.33 33.33 - 33.33 - 40.00 40.00 -
Announcement Date 11/19/20 11/19/21 2/14/22 5/20/22 8/5/22 11/18/22 11/18/22 2/14/23 5/19/23 8/8/23 11/17/23 11/17/23 2/14/24
1JPY in Million2JPY
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 809,093 809,093 782,902 - 715,045 800,000 800,000 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 554,206 -417,185 153,164 110,162 463,344 - - -
ROE (net income / shareholders' equity) 5.5% 5.2% 8.3% 5.2% 9.8% 11.2% 12.7% 13.4%
ROA (Net income/ Total Assets) 0.68% 1.3% 1.59% 0.92% 1.6% 3.44% 2.42% 1.85%
Assets 1 21,009,416 11,150,253 16,547,388 17,485,008 23,037,226 18,250,793 25,254,150 33,527,257
Book Value Per Share 2 1,436 1,842 1,985 1,878 2,817 2,889 2,858 2,873
Cash Flow per Share 121.0 128.0 209.0 158.0 297.0 - - -
Capex 113,690 93,273 83,544 83,991 86,122 - - -
Capex / Sales 2.2% 1.91% 1.63% 1.6% 1.31% - - -
Announcement Date 5/20/20 5/20/21 5/20/22 5/19/23 5/20/24 - - -
1JPY in Million2JPY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
3,770 JPY
Average target price
3,526 JPY
Spread / Average Target
-6.46%
Consensus
  1. Stock Market
  2. Equities
  3. 8725 Stock
  4. 59M Stock
  5. Financials MS&AD Insurance Group Holdings, Inc.