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PT Asuransi Bina Dana Arta Tbk (ABDA) Fair Value & Analysis

Financial Services · ID · Market cap 2.1T IDR

PA PT Asuransi Bina Dana Arta Tbk ABDA · JK
Price3,840 IDR
Fair Value2,089 IDR
Upside-45.6%
Quality63/100
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Expensive Growth
Thin margins · 9.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Narrow moat 41/100
Evidence: High Range 1,567 IDR – 2,612 IDR Share as image

Fair value as of: Jul 16, 2026

From 4 valuation models · updated 25 days ago

Share price +12.9% over the past month.

A solid business, but screening 46% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (2,612 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) 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.
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Price vs Fair Value (5 years)

7,718 IDR 2,230 IDR Fair Value 2,089 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 2,230 IDR – 7,718 IDR · fair‑value band 1,567 IDR – 2,612 IDR · the 3,840 IDR price screens above the 2,089 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

PT Asuransi Bina Dana Arta Tbk (ABDA) currently trades at 3,840 IDR, while our model-based Fair Value estimate is 2,089 IDR, implying the stock looks roughly 45.6% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, PT Asuransi Bina Dana Arta Tbk generated revenue of 1.1T IDR at a net margin of 9.8%. Revenue grew 44.1% year over year. It earns a return on equity of 6.3%. The balance sheet holds a net cash position of 919B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 1,567 IDR (bear case) to 2,612 IDR (bull case); at 3,840 IDR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 72% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 8% fair-value upside, at -46%, ABDA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income 2,271 IDR 2,339 IDR 2,365 IDR 76
P/E Multiple 1,567 IDR 2,089 IDR 2,612 IDR 63
P/B Multiple 2,049 IDR 2,732 IDR 3,415 IDR 55
All 4 models by family
Multiples
P/E Multiple 1,567 IDR 2,089 IDR 2,612 IDR 63
P/B Multiple 2,049 IDR 2,732 IDR 3,415 IDR 55
Asset-Based
NCAV (Graham) 1,434 IDR 1,921 IDR 2,867 IDR 50
Economic Profit
Residual Income 2,271 IDR 2,339 IDR 2,365 IDR 76

Widest divergence: Economic Profit (2,339 IDR) versus Asset-Based (1,921 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.1T IDR
Revenue growth (YoY) +44.1%
Net margin 9.8%
Return on equity 6.3%
Free cash flow 2.5B IDR FY2025
P/E ratio 20.1
More key figures
Operating margin 11.4%
EPS (TTM) 168.98 IDR
EPS growth (YoY) +21.4%
Net cash 919B IDR FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 61 · Market factors (momentum, volatility) 57

Profitability 41
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 56
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PT Asuransi Bina Dana Arta Tbk operates as a general insurance company in Indonesia. The company offers car, motor vehicles, fire, personal accident and health, group health, freight, home, property, critical illness, engineering, marine cargo, miscellaneous, travel, and other insurance products. It also provides motor vehicle repair services.

Full company description

PT Asuransi Bina Dana Arta Tbk operates as a general insurance company in Indonesia. The company offers car, motor vehicles, fire, personal accident and health, group health, freight, home, property, critical illness, engineering, marine cargo, miscellaneous, travel, and other insurance products. It also provides motor vehicle repair services. PT Asuransi Bina Dana Arta Tbk was founded in 1982 and is headquartered in Jakarta, Indonesia. PT Asuransi Bina Dana Arta Tbk is a subsidiary of Oona Insurance Pte. Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Asuransi Bina Dana Arta Tbk reported revenue of 1.1T IDR in FY2025 versus 789B IDR in FY2021, a compound +7.8%/yr. Reported net income was 99.8B IDR in FY2025, compounding −10.8%/yr from FY2021.

Growth Quality 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.1T IDR
Latest YoY
+14.1%
Avg. growth/yr (3Y) 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.
+12.3%
Avg. growth/yr (5Y) 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.
+3.3%
Avg. growth/yr (25Y) 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.
+12.4%
Revenue +7.8%/yr
FY21 789B IDR
FY22 754B IDR
FY23 871B IDR
FY24 934B IDR
FY25 1.1T IDR
Net income −10.8%/yr
FY21 157B IDR
FY22 91.1B IDR
FY23 84.6B IDR
FY24 80.1B IDR
FY25 99.8B IDR

ABDA screens 46% overvalued. Compare with The Progressive Corporation →

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Cite: Fair Value Calculator (2026). "PT Asuransi Bina Dana Arta Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ABDA

Peer Group

Insurance - Property & Casualty · 120 stocks

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.

Quality Score 63 · Above median
Fair Value upside −46% · Bottom 25%
Return on equity (TTM) 6% · Bottom 25%
Return on assets 3% · Below median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 44% · Top 25%

Valuation Multiples vs Insurance - Property & Casualty median · lower = cheaper

P/E (TTM) 20.1× · Pricier than 75% of peers
P/B 1.19× · Cheaper than median
P/S (TTM) 1.97× · Pricier than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 8.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 44
FUTURE 100 · sector 31
PAST 25 · sector 56
HEALTH 100 · sector 92
DIVIDEND 0 · sector 48

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Insurance - Property & Casualty stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
The Progressive Corporation PGR $234.48 $252.50 +8%
Chubb Limited CB $337.44 $345.56 +2%
The Travelers Companies, Inc TRV $368.98 $384.42 +4%
The Allstate Corporation ALL $251.61 $503.22 +100%
The People's Insurance Company 601319 ¥7.06 ¥13.71 +94%
Intact Financial Corporation IFC C$294.02 C$247.44 -16%
Fairfax Financial Holdings FFH C$2,327 C$3,252 +40%
QBE Insurance Group QBE A$25.47 A$19.42 -24%
Samsung Fire & Marine Insurance Co 000810 648,000 KRW 658,771 KRW +2%
Powszechny Zaklad Ubezpieczen SA PZU 69.80 PLN 100.85 PLN +44%

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Frequently asked questions

Is PT Asuransi Bina Dana Arta Tbk (ABDA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 2,089 IDR versus a price of 3,840 IDR, about −46% (overvalued).
What is the fair value of ABDA?
Our model-based fair value for PT Asuransi Bina Dana Arta Tbk is 2,089 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 3,840 IDR.
What is the quality score of ABDA?
PT Asuransi Bina Dana Arta Tbk has a Quality Score of 63/100. 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 revenue of PT Asuransi Bina Dana Arta Tbk (ABDA)?
PT Asuransi Bina Dana Arta Tbk reported trailing-twelve-month revenue of about 1.1T IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ABDA?
The net profit margin of PT Asuransi Bina Dana Arta Tbk is about 9.8%, meaning it keeps roughly 9.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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