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STOCK COMPARISON

Allianz SE VNA O.N. vs Malacca Trust Wuwungan Insurance PT: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allianz SE VNA O.N. (ALV) and Malacca Trust Wuwungan Insurance PT (MTWI) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Malacca Trust Wuwungan Insurance PT trades at IDR 272 versus IDR 147 (-46%).
Allianz SE VNA O.N.
ALV.XETRA · EUR · Financials
-42%
upside to fair value
overvalued
Price€419
Fair Value€242
Quality63/100
Malacca Trust Wuwungan Insurance PT
MTWI.JK · IDR · Financials
-46%
upside to fair value
overvalued
PriceIDR 272
Fair ValueIDR 147
Quality31/100
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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

Allianz SE VNA O.N.Malacca Trust Wuwungan Insurance PT
Valuation
13.4×P/E (TTM)59.5×
1.53×P/S (TTM)0.40×
2.82×P/B1.89×
9.1×EV/EBITDA9.4×
2.93×PEGn/a
−42.2%Fair value upside−46.0%
4.0%Dividend yield2.9%
Profitability
19%Operating margin1%
0.61×EBIT margin trend (5Y)0.76×
19%Return on equity11%
1%Return on assets1%
Growth
9%Revenue growth (YoY)58%
3.1%Avg. growth/yr (3Y)153.7%
3.0%Avg. growth/yr (5Y)73.6%
+15.7%Value creation/yr+81.9%
Balance & size
20.4×Interest coverage (EBIT/interest)61.0×
0.52×Debt / equityn/a
$177BMarket cap$77M
mixedGrowth qualityexpensive

Malacca Trust Wuwungan Insurance PT leads: 6 to 7 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.

Allianz SE VNA O.N.of which business quality 57 · market factors 73 Malacca Trust Wuwungan Insurance PTof which business quality 30 · market factors 33
ProfitabilityMargins and returns on capital today
30
47
Quality GrowthAre margins and returns improving?
46
54
CashflowEarnings quality: real cash, not paper profit
94
7
Fin. StrengthBalance sheet, leverage, solvency risk
10
13
InvestmentDisciplined investing over empire-building
87
34
Low VolatilityCalm price path (market factor)
90
72
MomentumPrice trend over the last 3–12 months (market factor)
64
19
52W MomentumDistance to the 52-week high (market factor)
67
13
Net IssuanceShare count: buybacks or dilution?
100
40

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 familyAllianz SE VNA O.N.Price €419Malacca Trust Wuwungan Insurance PTPrice IDR 272
Dividend Discount-50%below the price€208-67%below the priceIDR 90
Multiples-28%below the price€300-6%close to the priceIDR 256
Asset-Based-74%below the price€111-66%below the priceIDR 94
Economic Profit-45%below the price€230-38%below the priceIDR 168
Minimum-74%below the price€111-67%below the priceIDR 90
Maximum-28%below the price€300-6%close to the priceIDR 256
Median-48%below the price€219-52%below the priceIDR 131
Geometric mean-52%below the price€200-49%below the priceIDR 138

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%.

Allianz SE VNA O.N.: 6 of 6 models see the stock below the current price.

Malacca Trust Wuwungan Insurance PT: 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.

Allianz SE VNA O.N.
Price €419
Fair Value €242
Bear €194Bull €333
Malacca Trust Wuwungan Insurance PT
Price IDR 272
Fair Value IDR 147
Bear IDR 124Bull IDR 263

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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.

Allianz SE VNA O.N. · Financials

Quality score63 · Top 25%
Fair value upside-42% · bottom 25%

Malacca Trust Wuwungan Insurance PT · Financials

Quality score31 · bottom 25%
Fair value upside-46% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Allianz SE VNA O.N. as the less overvalued of the two: Allianz SE VNA O.N. trades at €419 versus a fair value of €242 (-42%), while Malacca Trust Wuwungan Insurance PT trades at IDR 272 versus IDR 147 (-46%).

Allianz SE VNA O.N. has the higher quality score (63/100).

Open Allianz SE VNA O.N. 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.