Tokio Marine Holdings, Inc.

OTCPK:TKOM.F Stock Report

Market Cap: US$73.6b

Tokio Marine Holdings Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 TKOM.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TKOM.F ($40.12) is trading below our estimate of fair value ($76.08)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TKOM.F?

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

The above table shows the Price to Earnings ratio for TKOM.F. This is calculated by dividing TKOM.F's market cap by their current earnings.
What is TKOM.F's PE Ratio?
PE Ratio9.6x
EarningsJP¥1.18t
Market CapJP¥11.34t

Price to Earnings Ratio vs Peers

How does TKOM.F's PE Ratio compare to its peers?

The above table shows the PE ratio for TKOM.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.4x
TRV Travelers Companies
13.2x2.8%US$59.6b
ALL Allstate
13x4.8%US$54.0b
CB Chubb
11.5x1.0%US$115.0b
HIG Hartford Financial Services Group
11.7x7.7%US$35.0b
TKOM.F Tokio Marine Holdings
9.6x-2.1%US$11.3t

Price-To-Earnings vs Peers: TKOM.F is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does TKOM.F's PE Ratio compare vs other companies in the US Insurance Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
UTGN UTG
2xn/aUS$89.08m
AORE.F American Overseas Group
2.1xn/aUS$16.68m
CUII China United Insurance Service
0.0003xn/aUS$3.13k
No more companies available in this PE range
TKOM.F 9.6xIndustry Avg. 14.0xNo. of Companies15PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TKOM.F is good value based on its Price-To-Earnings Ratio (9.6x) compared to the US Insurance industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is TKOM.F'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.

TKOM.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.6x
Fair PE Ratio5.5x

Price-To-Earnings vs Fair Ratio: TKOM.F is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).

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 TKOM.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$40.12
US$40.54
+1.0%
14.0%US$51.45US$28.30n/a12
Nov ’25US$33.90
US$42.69
+25.9%
14.5%US$53.95US$29.67n/a11
Oct ’25US$34.03
US$44.62
+31.1%
14.5%US$56.16US$30.89n/a11
Sep ’25US$35.73
US$42.31
+18.4%
19.6%US$54.47US$23.15n/a10
Aug ’25US$41.38
US$40.28
-2.7%
19.8%US$52.03US$22.11n/a10
Jul ’25US$37.99
US$35.47
-6.6%
25.2%US$50.68US$20.27n/a11
Jun ’25US$33.91
US$30.49
-10.1%
22.2%US$39.42US$19.71n/a11
May ’25US$31.32
US$29.80
-4.9%
22.4%US$39.27US$19.63n/a11
Apr ’25US$30.75
US$29.69
-3.4%
20.4%US$39.62US$20.47n/a12
Mar ’25US$29.13
US$27.38
-6.0%
13.3%US$33.30US$21.31n/a11
Feb ’25US$26.37
US$25.98
-1.5%
12.5%US$30.86US$19.20n/a11
Jan ’25US$24.74
US$25.68
+3.8%
13.5%US$31.30US$19.48n/a12
Dec ’24US$24.28
US$24.29
+0.05%
10.8%US$28.17US$19.01n/a13
Nov ’24US$23.16
US$23.30
+0.6%
10.8%US$26.70US$18.69US$33.9013
Oct ’24US$24.29
US$23.30
-4.1%
13.4%US$27.30US$16.15US$34.0312
Sep ’24US$21.91
US$24.19
+10.4%
14.5%US$29.46US$16.60US$35.7312
Aug ’24US$22.24
US$24.53
+10.3%
15.1%US$29.92US$16.86US$41.3811
Jul ’24US$22.66
US$23.87
+5.4%
14.9%US$29.00US$16.34US$37.9911
Jun ’24US$22.26
US$22.48
+1.0%
13.1%US$27.03US$16.84US$33.9111
May ’24US$20.47
US$23.20
+13.3%
12.6%US$27.63US$17.67US$31.3213
Apr ’24US$18.87
US$23.26
+23.3%
13.1%US$27.72US$17.73US$30.7512
Mar ’24US$21.44
US$22.26
+3.8%
13.1%US$24.95US$17.10US$29.1312
Feb ’24US$21.28
US$23.37
+9.8%
12.5%US$26.18US$17.94US$26.3713
Jan ’24US$21.82
US$22.74
+4.2%
11.9%US$25.69US$17.61US$24.7414
Dec ’23US$20.42
US$21.42
+4.9%
11.1%US$25.13US$17.22US$24.2814
Nov ’23US$18.01
US$19.10
+6.1%
10.9%US$22.79US$15.64US$23.1614

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

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