| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
1299 Stock Overview
AIA Group Limited, together with its subsidiaries, provides life insurance based financial services.
Rewards
Risk Analysis
1299 passed our risk checks.
AIA Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$77.85 |
| 52 Week High | HK$98.60 |
| 52 Week Low | HK$70.15 |
| Beta | 0.73 |
| 1 Month Change | -6.04% |
| 3 Month Change | 6.28% |
| 1 Year Change | -16.16% |
| 3 Year Change | 2.43% |
| 5 Year Change | 33.65% |
| Change since IPO | 237.74% |
Recent News & Updates
AIA Group (HKG:1299) Is Paying Out A Larger Dividend Than Last Year
AIA Group Limited's ( HKG:1299 ) dividend will be increasing to HK$1.08 on 10th of June. Although the dividend is now...
AIA Group's (HKG:1299) Upcoming Dividend Will Be Larger Than Last Year's
AIA Group Limited ( HKG:1299 ) has announced that it will be increasing its dividend on the 10th of June to HK$1.08...
Shareholder Returns
| 1299 | HK Insurance | HK Market | |
|---|---|---|---|
| 7D | 1.4% | 0.1% | -0.05% |
| 1Y | -16.2% | -20.0% | -22.0% |
Return vs Industry: 1299 exceeded the Hong Kong Insurance industry which returned -20% over the past year.
Return vs Market: 1299 exceeded the Hong Kong Market which returned -22% over the past year.
Price Volatility
| 1299 volatility | |
|---|---|
| 1299 Average Weekly Movement | 4.0% |
| Insurance Industry Average Movement | 4.0% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in HK Market | 12.6% |
| 10% least volatile stocks in HK Market | 3.2% |
Stable Share Price: 1299 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 1299's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1919 | 23,000 | Yuan Siong Lee | https://www.aia.com |
AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients. It also distributes investment and other financial services products.
AIA Group Fundamentals Summary
| 1299 fundamental statistics | |
|---|---|
| Market Cap | US$118.19b |
| Earnings (TTM) | US$7.43b |
| Revenue (TTM) | US$46.36b |
15.9x
P/E Ratio2.5x
P/S RatioIs 1299 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1299 income statement (TTM) | |
|---|---|
| Revenue | US$46.36b |
| Cost of Revenue | US$34.65b |
| Gross Profit | US$11.71b |
| Other Expenses | US$4.28b |
| Earnings | US$7.43b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 24, 2022
| Earnings per share (EPS) | 0.62 |
| Gross Margin | 25.25% |
| Net Profit Margin | 16.02% |
| Debt/Equity Ratio | 18.7% |
How did 1299 perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield30%
Payout RatioValuation
Is 1299 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1299?
Other financial metrics that can be useful for relative valuation.
| What is 1299's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$118.19b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 15.5x |
| PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does 1299's PE Ratio compare to its peers?
| 1299 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.8x | ||
2318 Ping An Insurance (Group) Company of China | 7.4x | 15.5% | HK$850.3b |
2628 China Life Insurance | 7.6x | 17.9% | HK$764.4b |
966 China Taiping Insurance Holdings | 3.9x | 15.8% | HK$29.5b |
1339 People's Insurance Company (Group) of China | 4.1x | 8.8% | HK$212.3b |
1299 AIA Group | 15.9x | 11.2% | HK$915.8b |
Price-To-Earnings vs Peers: 1299 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (5.7x).
Price to Earnings Ratio vs Industry
How does 1299's PE Ratio compare vs other companies in the Asian Insurance Industry?
Price-To-Earnings vs Industry: 1299 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the Hong Kong Insurance industry average (6.5x)
Price to Earnings Ratio vs Fair Ratio
What is 1299's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 15.9x |
| Fair PE Ratio | 8.6x |
Price-To-Earnings vs Fair Ratio: 1299 is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (8.6x).
Share Price vs Fair Value
What is the Fair Price of 1299 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1299 (HK$77.85) is trading below our estimate of fair value (HK$114.47)
Significantly Below Fair Value: 1299 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Future Growth
How is AIA Group forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1299's forecast earnings growth (11.2% per year) is above the savings rate (1.6%).
Earnings vs Market: 1299's earnings (11.2% per year) are forecast to grow slower than the Hong Kong market (16.7% per year).
High Growth Earnings: 1299's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1299's revenue (5.3% per year) is forecast to grow slower than the Hong Kong market (10% per year).
High Growth Revenue: 1299's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1299's Return on Equity is forecast to be low in 3 years time (12.3%).
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Past Performance
How has AIA Group performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1299 has high quality earnings.
Growing Profit Margin: 1299's current net profit margins (16%) are higher than last year (11.4%).
Past Earnings Growth Analysis
Earnings Trend: 1299's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: 1299's earnings growth over the past year (28.5%) exceeds its 5-year average (7.2% per year).
Earnings vs Industry: 1299 earnings growth over the past year (28.5%) exceeded the Insurance industry 11.4%.
Return on Equity
High ROE: 1299's Return on Equity (12.3%) is considered low.
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Financial Health
How is AIA Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1299's short term assets ($125.5B) exceed its short term liabilities ($71.2B).
Long Term Liabilities: 1299's short term assets ($125.5B) do not cover its long term liabilities ($207.7B).
Debt to Equity History and Analysis
Debt Level: 1299 has more cash than its total debt.
Reducing Debt: 1299's debt to equity ratio has increased from 15.7% to 18.7% over the past 5 years.
Debt Coverage: 1299's debt is well covered by operating cash flow (34.3%).
Interest Coverage: 1299's interest payments on its debt are well covered by EBIT (22.5x coverage).
Balance Sheet
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Dividend
What is AIA Group current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
1.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1299's dividend (1.87%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.87%).
High Dividend: 1299's dividend (1.87%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.25%).
Stability and Growth of Payments
Stable Dividend: 1299's dividends per share have been stable in the past 10 years.
Growing Dividend: 1299's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 1299's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), 1299's dividend payments are covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Yuan Siong Lee (56 yo)
2.17yrs
Tenure
US$15,705,952
Compensation
Mr. Yuan Siong Lee has been Group Chief Executive, Executive Director and President of AIA Group Limited since June 1, 2020. He is a Director of various companies within the Group, including acting as Chai...
CEO Compensation Analysis
Compensation vs Market: Yuan Siong's total compensation ($USD15.71M) is above average for companies of similar size in the Hong Kong market ($USD1,000.00K).
Compensation vs Earnings: Yuan Siong's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 1299's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: 1299's board of directors are considered experienced (7.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1299 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AIA Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: AIA Group Limited
- Ticker: 1299
- Exchange: SEHK
- Founded: 1919
- Industry: Life and Health Insurance
- Sector: Insurance
- Implied Market Cap: HK$927.075b
- Shares outstanding: 11.91b
- Website: https://www.aia.com
Number of Employees
Location
- AIA Group Limited
- AIA Central
- 35th Floor
- Central
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/12 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.