IDX:PNLF

Stock Analysis Report

Executive Summary

PT Panin Financial Tbk provides business consulting, management, and administration services to the general public in Indonesia.


Snowflake Analysis

Proven track record and fair value.

Share Price & News

How has Panin Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PNLF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

32.9%

PNLF

2.8%

ID Insurance

14.1%

ID Market


1 Year Return

-47.3%

PNLF

21.4%

ID Insurance

-31.8%

ID Market

Return vs Industry: PNLF underperformed the ID Insurance industry which returned 23.1% over the past year.

Return vs Market: PNLF underperformed the ID Market which returned -31.1% over the past year.


Shareholder returns

PNLFIndustryMarket
7 Day32.9%2.8%14.1%
30 Day-18.9%-2.9%-16.7%
90 Day-36.1%-12.1%-29.3%
1 Year-47.3%-47.3%21.6%21.4%-29.6%-31.8%
3 Year-11.6%-11.6%56.6%32.7%-18.5%-24.5%
5 Year-41.4%-41.4%130.9%125.3%-9.8%-19.8%

Price Volatility Vs. Market

How volatile is Panin Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Panin Financial undervalued compared to its fair value and its price relative to the market?

3.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PNLF (IDR198) is trading above our estimate of fair value (IDR87.47)

Significantly Below Fair Value: PNLF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PNLF is good value based on its PE Ratio (3.2x) compared to the Insurance industry average (14.4x).

PE vs Market: PNLF is good value based on its PE Ratio (3.2x) compared to the ID market (10.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PNLF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PNLF is good value based on its PB Ratio (0.3x) compared to the ID Insurance industry average (0.7x).


Next Steps

Future Growth

How is Panin Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Insurance industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panin Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Panin Financial performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PNLF has high quality earnings.

Growing Profit Margin: PNLF's current net profit margins (36.9%) are lower than last year (38%).


Past Earnings Growth Analysis

Earnings Trend: PNLF's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: PNLF's earnings growth over the past year (33.9%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: PNLF earnings growth over the past year (33.9%) exceeded the Insurance industry -0.6%.


Return on Equity

High ROE: PNLF's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Panin Financial's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: PNLF has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PNLF's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: PNLF's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if PNLF has a sufficient allowance for bad loans.

Low Risk Liabilities: PNLF reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if PNLF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PNLF has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if PNLF has an appropriate level of bad loans.


Next Steps

Dividend

What is Panin Financial's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PNLF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PNLF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PNLF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PNLF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PNLF's dividend in 3 years as they are not forecast to pay a notable one for the ID market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.3yrs

Average board tenure


CEO

Lianna Limanto (64yo)

5.25s

Tenure

Ms. Lianna Loren Limanto has been the President Director at PT Panin Financial Tbk (formerly, Panin Life PT Tbk) since 2015. Ms. Limanto is handling the management of PT Panin Financial Tbk including the a ...


Board Members

NamePositionTenureCompensationOwnership
Lianna Limanto
President Director5.25yrsno datano data
Marwan Noor
Corporate Secretary & Director10.25yrsno datano data
Suwirjo Josowidjojo
Vice President Commissioner17.25yrsno datano data
Mu'min Gunawan
President Commissioner18.25yrsno datano data
Veronika Lindawati
Independent Commissioner3.25yrsno datano data
Bhindawati Gunawan
Vice-President Director10.25yrsno datano data

10.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: PNLF's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PT Panin Financial Tbk's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PT Panin Financial Tbk
  • Ticker: PNLF
  • Exchange: IDX
  • Founded: 1974
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: Rp6.340t
  • Shares outstanding: 32.02b
  • Website: https://www.paninfinancial.co.id

Number of Employees


Location

  • PT Panin Financial Tbk
  • Panin Life Center
  • 7th Floor
  • Jakarta
  • Jakarta Raya
  • 11420
  • Indonesia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PNLFIDX (Indonesia Stock Exchange)YesOrdinary SharesIDIDRJan 1992
OHHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

PT Panin Financial Tbk provides business consulting, management, and administration services to the general public in Indonesia. The company also offers information technology and management information system services. In addition, it provides life insurance products, including death, whole life, annuity, endowment, endowment combine, universal life, unit-linked, personal accident, and health; term insurance products; and mutual funds. The company was formerly known as PT Panin Life Tbk and changed its name to PT Panin Financial Tbk in January 2010. PT Panin Financial Tbk was founded in 1974 and is headquartered in Jakarta, Indonesia. PT Panin Financial Tbk is a subsidiary of PT Paninvest Tbk. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 19:45
End of Day Share Price2020/04/01 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.