Allianz Malaysia Berhad

KLSE:ALLIANZ Stock Report

Market Cap: RM 3.7b

Allianz Malaysia Berhad Valuation

Is ALLIANZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ALLIANZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALLIANZ (MYR20.52) is trading below our estimate of fair value (MYR60.02)

Significantly Below Fair Value: ALLIANZ is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALLIANZ?

Key metric: As ALLIANZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALLIANZ. This is calculated by dividing ALLIANZ's market cap by their current earnings.
What is ALLIANZ's PE Ratio?
PE Ratio6.8x
EarningsRM 540.92m
Market CapRM 3.66b

Price to Earnings Ratio vs Peers

How does ALLIANZ's PE Ratio compare to its peers?

The above table shows the PE ratio for ALLIANZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.8x
TAKAFUL Syarikat Takaful Malaysia Keluarga Berhad
8.9x7.5%RM 3.3b
LPI LPI Capital Bhd
13.3x5.4%RM 5.1b
MNRB MNRB Holdings Berhad
3.3x-6.3%RM 1.7b
ATL AtlantaSanad Société Anonyme
17.7x7.7%د.م7.8b
ALLIANZ Allianz Malaysia Berhad
6.8x14.2%RM 3.7b

Price-To-Earnings vs Peers: ALLIANZ is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (10.8x).

Price to Earnings Ratio vs Industry

How does ALLIANZ's PE Ratio compare vs other companies in the Asian Insurance Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ALLIANZ 6.8xIndustry Avg. 11.1xNo. of Companies46PE0816243240+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALLIANZ is good value based on its Price-To-Earnings Ratio (6.8x) compared to the Asian Insurance industry average (11.1x).

Price to Earnings Ratio vs Fair Ratio

What is ALLIANZ'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.

ALLIANZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ratio9.5x

Price-To-Earnings vs Fair Ratio: ALLIANZ is good value based on its Price-To-Earnings Ratio (6.8x) compared to the estimated Fair Price-To-Earnings Ratio (9.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ALLIANZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 20.52
RM 24.19
+17.9%
6.9%RM 26.00RM 21.30n/a6
Dec ’25RM 20.30
RM 24.19
+19.1%
6.9%RM 26.00RM 21.30n/a6
Nov ’25RM 20.60
RM 23.74
+15.2%
8.0%RM 26.00RM 21.30n/a6
Oct ’25RM 20.60
RM 23.74
+15.2%
8.0%RM 26.00RM 21.30n/a6
Sep ’25RM 20.40
RM 23.74
+16.3%
8.0%RM 26.00RM 21.30n/a6
Aug ’25RM 21.94
RM 23.76
+8.3%
8.1%RM 26.00RM 21.00n/a6
Jul ’25RM 22.40
RM 23.76
+6.1%
8.1%RM 26.00RM 21.00n/a6
Jun ’25RM 22.30
RM 23.76
+6.6%
8.1%RM 26.00RM 21.00n/a6
May ’25RM 21.04
RM 19.88
-5.5%
6.5%RM 21.70RM 17.70n/a5
Apr ’25RM 20.00
RM 19.88
-0.6%
6.5%RM 21.70RM 17.70n/a5
Mar ’25RM 18.74
RM 19.88
+6.1%
6.5%RM 21.70RM 17.70n/a5
Feb ’25RM 19.14
RM 19.40
+1.3%
6.9%RM 21.10RM 17.00n/a5
Jan ’25RM 18.44
RM 19.40
+5.2%
6.9%RM 21.10RM 17.00n/a5
Dec ’24RM 18.20
RM 18.54
+1.8%
11.3%RM 21.10RM 15.30RM 20.305
Nov ’24RM 16.04
RM 17.48
+9.0%
8.0%RM 19.20RM 15.30RM 20.605
Oct ’24RM 15.90
RM 17.38
+9.3%
7.6%RM 19.20RM 15.30RM 20.605
Sep ’24RM 16.30
RM 17.38
+6.7%
7.6%RM 19.20RM 15.30RM 20.405
Aug ’24RM 14.66
RM 16.01
+9.2%
6.6%RM 16.75RM 14.00RM 21.945
Jul ’24RM 14.30
RM 16.01
+11.9%
6.6%RM 16.75RM 14.00RM 22.405
Jun ’24RM 14.58
RM 16.01
+9.8%
6.6%RM 16.75RM 14.00RM 22.305
May ’24RM 13.90
RM 15.77
+13.5%
6.6%RM 16.75RM 14.00RM 21.045
Apr ’24RM 13.74
RM 15.77
+14.8%
6.6%RM 16.75RM 14.00RM 20.005
Mar ’24RM 13.82
RM 15.77
+14.1%
6.6%RM 16.75RM 14.00RM 18.745
Feb ’24RM 13.88
RM 15.75
+13.5%
6.5%RM 16.75RM 14.00RM 19.145
Jan ’24RM 14.16
RM 15.75
+11.2%
6.5%RM 16.75RM 14.00RM 18.445
Dec ’23RM 13.82
RM 15.75
+14.0%
6.5%RM 16.75RM 14.00RM 18.205

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 10:22
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Allianz Malaysia Berhad is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ei TanAffin Hwang Investment Bank
Poh OngAmInvestment Bank Berhad
Gia NgCGS International