Tokio Marine Holdings Inc 8766

JPY 5,038.00 −77.00 (1.51%)

As of May 13, 2024 12:53am Delayed Price Open

Company Report

Tokio Marine: Under Review Pending Coverage Transfer

Lorraine Tan May 6, 2024

While we will continue to comment on key events, we are placing Tokio Marine's fair value estimate and ratings under review pending the transfer of coverage to another analyst. We should be reinitiating coverage by end-July, 2024.

Read Full Report

Bulls Say, Bears Say

Bulls

Tokio Marine has a consistent record of delivering stock outperformance relative to the Japanese market and other insurers.

Bears

Tokio Marine’s superior financial performance relative to Japanese peers is already well recognized by the market, so any future slip-up could be punished.

Find similar stocks with Morningstar Investor.

Morningstar analysts do not currently cover 8766, but with our powerful screener, you can find stocks in the same sector, industry, or style and filter on our unbiased ratings and valuation metrics.

Get 7 Days Free

News

View All

Trading Information

Previous Close Price: JPY 5,115.00
Day Range: JPY 5,010.00–5,083.00
52-Week Range: JPY 2,710.50–5,164.00
Bid/Ask: JPY 5,037.00 / JPY 5,039.00
Market Cap: JPY 9.95 Tril
Volume/Avg: 1.1 Mil / 5.7 Mil

Key Statistics

Price/Earnings (Normalized): 16.16
Price/Sales: 1.46
Dividend Yield (Trailing): 2.37%
Dividend Yield (Forward): 2.37%
Total Yield: 3.28%

Company Profile

Dating back to 1879, Tokio Marine is Japan’s oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the U.S., where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE. It is a member of the Mitsubishi keiretsu group and holds minority stakes in a number of group companies that also rank among its shareholders.

Sector: Financial Services
Industry: Insurance - Property & Casualty
Stock Style Box: Large Growth
Total Number of Employees: 44,721
Website: http://www.tokiomarinehd.com

Competitors

Valuation

Metric	8766	8725	8750
Price/Earnings (Normalized)	16.16	7.24	16.09
Price/Book Value	2.25	1.14	1.17
Price/Sales	1.46	0.51	0.39
Price/Cash Flow	27.22	52.09	14.72

Price/Earnings

8766

8725

8750

Financial Strength

Metric	8766	8725	8750
Quick Ratio	—	—	—
Current Ratio	—	—	—
Interest Coverage	29.69	40.70	10.12

Quick Ratio

No chart available

Profitability

Metric	8766	8725	8750
Return on Assets (Normalized)	2.54%	1.56%	0.74%
Return on Equity (Normalized)	18.24%	11.73%	16.29%
Return on Invested Capital (Normalized)	17.68%	9.76%	10.27%

Return on Assets

8766

8725

8750

See how this stock stacks up to its competitors with Morningstar Investor

Start Free Trial

Insurance - Property & Casualty Industry Comparables

Screen in Investor

Ticker	Name	Capital Allocation	Economic Moat	Market Cap
PGR	Progressive Corp	Wymgqfzg	Jqhzq	$125.2 Bil
CB	Chubb Ltd	Glwxxlyj	Bjpqm	$103.5 Bil
TKOMY	Tokio Marine Holdings Inc ADR	Mcbtthqfm	Qgjbz	$63.9 Bil
TKOMF	Tokio Marine Holdings Inc	—	Xlkf	$63.0 Bil
TRV	The Travelers Companies Inc	Tnzjkqlr	Dfwlzs	$49.8 Bil
ALL	Allstate Corp	Ybvsrmfc	Ccgq	$45.6 Bil
HIG	The Hartford Financial Services Group Inc	Vghbrssy	Zbs	$30.1 Bil
IFCZF	Intact Financial Corp	—	Xvvdd	$29.8 Bil
MKL	Markel Group Inc	Yzhxmxgl	Zlf	$21.3 Bil
WRB	WR Berkley Corp	Jrrnnlsy	Dpstk	$20.4 Bil