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STOCK COMPARISON

China Life Insurance Co Ltd A vs Migdal Insurance: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Life Insurance Co Ltd A (601628) and Migdal Insurance (MGDL) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥38.60 versus a fair value of ¥49.98 (+29%), while Migdal Insurance trades at ILS 21.20 versus ILS 14.89 (-30%).
China Life Insurance Co Ltd A
601628.SHG · CNY · Financials
+29%
upside to fair value
undervalued
Price¥38.60
Fair Value¥49.98
Quality63/100
Migdal Insurance
MGDL.TA · ILA · Financials
-30%
upside to fair value
overvalued
PriceILS 21.20
Fair ValueILS 14.89
Quality52/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

China Life Insurance Co Ltd AMigdal Insurance
Valuation
7.3×P/E (TTM)11.8×
3.19×P/S (TTM)0.59×
1.83×P/B0.74×
6.1×EV/EBITDA3.0×
0.68×PEGn/a
+29.5%Fair value upside−29.8%
2.2%Dividend yield0.3%
¥0.86Dividend per sharen/a
Profitability
38%Operating margin19%
4.26×EBIT margin trend (5Y)3.12×
25%Return on equity20%
2%Return on assets1%
Growth
-15%Revenue growth (YoY)12%
-9.5%Avg. growth/yr (3Y)n/a
-4.8%Avg. growth/yr (5Y)9.6%
+30.4%Value creation/yr+13.3%
Balance & size
43.7×Interest coverage (EBIT/interest)9.7×
0.06×Debt / equity0.59×
$163BMarket cap$7B
weakGrowth qualitymixed

China Life Insurance Co Ltd A leads: 9 to 5 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

China Life Insurance Co Ltd Aof which business quality 57 · market factors 44 Migdal Insuranceof which business quality 49 · market factors 80
ProfitabilityMargins and returns on capital today
47
29
Quality GrowthAre margins and returns improving?
68
63
CashflowEarnings quality: real cash, not paper profit
100
83
Fin. StrengthBalance sheet, leverage, solvency risk
1
5
InvestmentDisciplined investing over empire-building
59
75
Low VolatilityCalm price path (market factor)
68
64
MomentumPrice trend over the last 3–12 months (market factor)
37
80
52W MomentumDistance to the 52-week high (market factor)
31
97
Net IssuanceShare count: buybacks or dilution?
82
57

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyChina Life Insurance Co Ltd APrice ¥38.60Migdal InsurancePrice ILS 21.20
Dividend Discount-53%below the price¥17.98-96%below the priceILS 0.92
Multiples+30%above the price¥50.18-16%below the priceILS 17.81
Asset-Based-63%below the price¥14.11-70%below the priceILS 6.29
Economic Profit+50%above the price¥57.79-22%below the priceILS 16.52
Minimum-63%below the price¥14.11-96%below the priceILS 0.92
Maximum+50%above the price¥57.79-16%below the priceILS 17.81
Median-12%close to the price¥34.08-46%below the priceILS 11.41
Geometric mean-24%below the price¥29.28-70%below the priceILS 6.41

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

China Life Insurance Co Ltd A: 4 of 6 models see the stock below the current price.

Migdal Insurance: 5 of 6 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

China Life Insurance Co Ltd A
Price ¥38.60
Fair Value ¥49.98
Bear ¥37.48Bull ¥62.47
Migdal Insurance
Price ILS 21.20
Fair Value ILS 14.89
Bear ILS 10.59Bull ILS 20.72

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

China Life Insurance Co Ltd A · Financials

Quality score63 · Top 25%
Fair value upside+29% · above median

Migdal Insurance · Financials

Quality score52 · below median
Fair value upside-30% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees China Life Insurance Co Ltd A as the more attractively valued of the two: China Life Insurance Co Ltd A trades at ¥38.60 versus a fair value of ¥49.98 (+29%), while Migdal Insurance trades at ILS 21.20 versus ILS 14.89 (-30%).

China Life Insurance Co Ltd A has the higher quality score (63/100).

Open China Life Insurance Co Ltd A live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.