Lippo General Insurance Tbk (LPGI) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Lippo General Insurance Tbk stock IDR 330, price IDR 600, that is 45.1% below the price, quality 74 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 143.30 IDR – 808.12 IDR · fair‑value band 291.65 IDR – 434.04 IDR · the 600.00 IDR price screens above the 329.52 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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PT Lippo General Insurance Tbk provides insurance products and services for individuals, families, and corporate clients in Indonesia. It operates through Property, Motor Vehicles, Marine Cargo, Marine Hull, Aviation Hull, Engineering, Health, Credit, and Others segments.
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The company offers health insurance products, including Medicare for company employees and their dependents; HealthPlus Family and Perlindungan Kesehatan Prima for individuals and families; HealthPlus Micro and HealthPlus Business for employees of small- to medium-sized companies; Elite Health Plan, which is a private medical insurance product; and Asuransi Jalan Prima for outpatient care.
It also provides auto protection, motor protection, home care, marine cargo, domestic and international travel, business care, and aviation hull insurance; and contractor/erection all risk, engine damage, demolition, legal liability, money, heavy equipment, hole-in-one, and shipbuilder's risk insurance.
In addition, the company offers partner workshop, e-Policy, and hospital and clinic provider services; eBenefit Health App, an application for health insurance customers; eBenefit General App, an application for general insurance customers; MyPro+, an application and website service for customers to choose comprehensive insurance coverage; and the LGI Agency Dashboard, an application for insurance agents.
The company was formerly known as PT Asuransi Marga Pusaka and changed its name to PT Lippo General Insurance Tbk in July 1991. PT Lippo General Insurance Tbk was founded in 1963 and is headquartered in Jakarta Selatan.
PT Lippo General Insurance Tbk operates as a subsidiary of Hanwha General Insurance Co., Ltd.
Stock analysis
Lippo General Insurance Tbk (LPGI) currently trades at 600.00 IDR, while our model-based Fair Value estimate is 329.52 IDR, 45% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 548.32 IDR per share, and 1 of the 6 models we run sit above the 600.00 IDR price.
Bear case: the Dividend Discount group reads lowest at 62.16 IDR, and 5 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: 291.65 IDR (bear) to 434.04 IDR (bull), the price of 600.00 IDR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 74/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Lippo General Insurance Tbk reported revenue of 3.9T IDR in FY2025 versus 1.8T IDR in FY2021, a compound +21.5%/yr. Reported net income was 145B IDR in FY2025, compounding +44.5%/yr from FY2021.
Key figures
Market cap 1.8T IDR (≈ $101M) Micro · P/E ratio 11.4 · P/S ratio 0.38 · EPS (TTM) 52.55 IDR · Dividend yield 1.0% · Net margin 4.1% · Return on equity 18.1% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at −45%, LPGI screens richer than that median.
Fair Value models
Bear291.65 IDRFair Value 329.52 IDRBull434.04 IDR
Price 600.00 IDR · Downside -45.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (45.06 IDR per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+31.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.0%
Start year 2020 (pandemic). Over 10 years: +14.4% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.6%
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What shareholders gained per year (last 5 years), in IDR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in IDR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−40.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−41.9%
Dividend (yield on the price)1.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−29.0% vs 5.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 4%
2025 sits 132% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−19.2%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Indonesia: IMF forecast 2.6% a year to 2030, 2.9% from 2016 to 2025) that is about −21.2% a year for the price.
Compare Lippo General Insurance Tbk with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Diversified · 73 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score74 · Top 25%
Fair Value upside−45.1% · Bottom 25%
Profitability
Return on equity (12 months)18.1% · Above median
Return on assets4.6% · Above median
Net margin (12 months)4.1% · Bottom 25%
Operating margin (12 months)12.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)−37.6% · Bottom 25%
Dividend yield (12 months)1.0% · Bottom 25%
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Insurance - Diversified median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Lippo General Insurance Tbk Fair Value". https://www.fairvalue-calculator.com/stock/LPGI
Frequently asked questions
Is Lippo General Insurance Tbk (LPGI) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 329.52 IDR versus a price of 600.00 IDR, about 45% lower (overvalued).
What is the fair value of LPGI?
Our model-based fair value for Lippo General Insurance Tbk is 329.52 IDR (as of Nov 8, 2026), built from audited fundamentals. The current price: 600.00 IDR.
What is the quality score of LPGI?
Lippo General Insurance Tbk has a Quality Score of 74/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Lippo General Insurance Tbk (LPGI)?
Our model-based price target is the fair value of 329.52 IDR (as of Nov 8, 2026) from 6 valuation models. Cautious scenario 291.65 IDR, optimistic scenario 434.04 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Lippo General Insurance Tbk stock forecast for 2026?
Our models put fair value at 329.52 IDR, about 45% lower versus a price of 600.00 IDR (overvalued). Cautious scenario 291.65 IDR, optimistic scenario 434.04 IDR. The calculation is refreshed regularly with new filings.
What is the revenue of Lippo General Insurance Tbk (LPGI)?
Lippo General Insurance Tbk reported trailing-twelve-month revenue of about 4.8T IDR (latest available figure, as of Nov 8, 2026).
Does Lippo General Insurance Tbk pay a dividend?
Lippo General Insurance Tbk currently shows a dividend yield of 0.98% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Lippo General Insurance Tbk (LPGI)?
Lippo General Insurance Tbk has a dividend yield of 1.0%.
What growth is priced into Lippo General Insurance Tbk (LPGI)?
For today's price to be fair in a discounted-cash-flow model, Lippo General Insurance Tbk would have to grow free cash flow by -19.2 % per year for five years (discount rate 13.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.0 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of LPGI use?
Our models discount Lippo General Insurance Tbk at 13.5 %: a base by market capitalisation (micro), damped by beta 0.06, country premium for Indonesia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Lippo General Insurance Tbk that is -19.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.5 %) and the same formula as our fair value.
How much growth has Lippo General Insurance Tbk (LPGI) delivered so far?
Over the past 5 years revenue at Lippo General Insurance Tbk grew +24.0 % a year. The price currently implies free-cash-flow growth of -19.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Lippo General Insurance Tbk (LPGI) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Lippo General Insurance Tbk (-19.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lippo General Insurance Tbk (LPGI)?
The free-cash-flow yield on the price is 31.57 %: that much free cash flow Lippo General Insurance Tbk produces per unit of market value. When it exceeds the discount rate of our models (13.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lippo General Insurance Tbk (LPGI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lippo General Insurance Tbk it is 329.52 IDR per share (as of Nov 8, 2026), against a price of 600.00 IDR. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Lippo General Insurance Tbk stock overvalued or undervalued in 2026?
As of Nov 8, 2026, LPGI trades above its calculated fair value: price 600.00 IDR, fair value 329.52 IDR, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LPGI?
No. The price is what the market pays today (600.00 IDR); the fair value is what the company's own numbers justify (329.52 IDR). For Lippo General Insurance Tbk the two are 270.48 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Lippo General Insurance Tbk worth?
The market values Lippo General Insurance Tbk at about 1.8T IDR (market capitalisation, as of Nov 8, 2026). Per share that is 600.00 IDR; our models calculate a fair value of 329.52 IDR per share.
What do the bullish and bearish scenarios say about LPGI?
Our models span a range for Lippo General Insurance Tbk: cautious scenario 291.65 IDR, base 329.52 IDR, optimistic 434.04 IDR per share (as of Nov 8, 2026, price 600.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LPGI?
Lippo General Insurance Tbk trades at a price-to-earnings ratio of 11.4 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 329.52 IDR is built from several models across several years. Other multiples: P/B 1.8, P/S 0.4, EV/EBITDA 7.5.
How solid is the balance sheet of Lippo General Insurance Tbk (LPGI)?
Balance-sheet figures for Lippo General Insurance Tbk (as of Nov 8, 2026): return on equity 18.1%, debt of 0.01 per unit of equity. They feed the Quality Score of 74/100, which measures business quality independently of the share price.
How far is LPGI from its 52-week high?
Lippo General Insurance Tbk trades at 600.00 IDR, about 26% below its 52-week high of 808.12 IDR and 1% above the low of 591.30 IDR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 329.52 IDR is for.
Which stocks are comparable to Lippo General Insurance Tbk?
From the same area (Financial Services) we also value Allianz SE, Zurich Insurance Group, AXA SA, Assicurazioni Generali S.p.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lippo General Insurance Tbk stock attractive at the current price?
The data as of Nov 8, 2026: price 600.00 IDR, calculated fair value 329.52 IDR (−45%), Quality Score 74/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LPGI calculated?
We run Lippo General Insurance Tbk through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 329.52 IDR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Lippo General Insurance Tbk itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lippo General Insurance Tbk (LPGI)?
The closing price on Nov 6, 2026 was 600.00 IDR. Our model-based fair value is 329.52 IDR, about 45% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lippo General Insurance Tbk right now?
The price sits above even our optimistic bull case (434.04 IDR). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (74/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Lippo General Insurance Tbk (LPGI) come from?
Earnings per share at Lippo General Insurance Tbk grew −2.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +14.9 %, EBIT margin −15.1 %, tax rate +0.1 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Lippo General Insurance Tbk
How large is the market capitalisation of Lippo General Insurance Tbk (LPGI)?
The market capitalisation of Lippo General Insurance Tbk is 1.8T IDR (≈ $101M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lippo General Insurance Tbk (LPGI)?
The price-to-sales ratio of Lippo General Insurance Tbk is 0.38 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lippo General Insurance Tbk (LPGI)?
Earnings per share at Lippo General Insurance Tbk are 52.55 IDR (price ÷ EPS = P/E 11.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lippo General Insurance Tbk (LPGI)?
The dividend yield of Lippo General Insurance Tbk is 1.0% (payout 11.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Lippo General Insurance Tbk (LPGI)?
The net margin of Lippo General Insurance Tbk is 4.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lippo General Insurance Tbk (LPGI)?
The return on equity (ROE) of Lippo General Insurance Tbk is 18.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lippo General Insurance Tbk (LPGI)?
On an EBIT basis the return on assets of Lippo General Insurance Tbk is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lippo General Insurance Tbk (LPGI)?
The operating margin of Lippo General Insurance Tbk is 12.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lippo General Insurance Tbk (LPGI)?
Revenue at Lippo General Insurance Tbk is growing −37.6% versus a year earlier (3y avg +20.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Lippo General Insurance Tbk (LPGI)?
Earnings per share at Lippo General Insurance Tbk are growing +426% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Lippo General Insurance Tbk (LPGI) hold?
Lippo General Insurance Tbk holds more cash than debt, 13.5B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 8, 2026