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Asuransi Dayin Mitra Tbk (ASDM) fair value: what the stock is really worth

As of Nov 9, 2026: fair value (intrinsic value) of Asuransi Dayin Mitra Tbk stock IDR 754, price IDR 482, upside +56.4%, quality 69 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

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Financial Services ID · ISIN ID1000090905

AD Asuransi Dayin Mitra Tbk logo Thin data Nov 8, 2026

Asuransi Dayin Mitra Tbk

ASDM · JK
Undervalued, but sideways

The stock costs 36% less than our calculation considers fair.

Fair value 753.77 IDR · Strongly undervalued
Quality 69/100
Generates free cash flow
6.6% dividend yield · Sustainable
Ranks above peers (9/13)
Even on cautious assumptions the value is 45% above the price (700.89 IDR).
Thin margins · 7.2% net margin (TTM)
Moderate moat 53/100 · thin data
Thin data
⚠ Thinly traded⚠ Small free float
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

665.88 IDR 285.57 IDR Fair Value 753.77 IDR Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.

How to read this chart

60‑month range 285.57 IDR – 665.88 IDR · fair‑value band 700.89 IDR – 1,067 IDR · the 482.00 IDR price screens below the 753.77 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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Company profile

PT Asuransi Dayin Mitra Tbk engages in the general insurance business in Indonesia.

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The company offers personal accident insurance for coverage against death, permanent loss or disablement, and medical expenses following accidental injury; fire insurance, which covers accidental loss and/or damage caused by fire, lightning, explosion, impact of falling aircraft, and smoke, as well as against riot, flood, earthquake, and business interruption; and Dayin Usaha and Dayin Rumah, which covers financial protection to the business continuity and dwelling house arising from accidental loss and/or damage caused by fire, lightning, explosion and impact of falling aircraft, smoke, riot, flood, earthquake, and personal accident coverage.

It also provides travel insurance, which covers losses or expenses arising from unforeseen and involuntary event during journey; and marine cargo insurance for coverage of accidental loss and/or damage upon shipment.

In addition, the company offers motor vehicle insurance for accidental loss and/or damage to the vehicle; marine hull insurance for accidental loss and/or damage to the hull; aviation insurance for accidental loss and/or damage to the hull, personal accident of crew, loss of license, and liability to third party; and liability insurance, such as public liability, employer's liability, workman compensation act, automobile liability, product liability, directors & officers' liability, freight forwarder liability, professional indemnity, and comprehensive general insurance.

Further, it provides engineering insurance, heavy equipment insurance, moveable equipment insurance, bankers blanket bond, money insurance, cyber risk insurance, jewelry block insurance, and micro insurance. The company was incorporated in 1982 and is headquartered in Jakarta, Indonesia.

PT Asuransi Dayin Mitra Tbk operates as a subsidiary of PT Equity Development Investment Tbk.

Stock analysis

Asuransi Dayin Mitra Tbk (ASDM) currently trades at 482.00 IDR, while our model-based Fair Value estimate is 753.77 IDR, implying the stock looks roughly 36% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of 967.13 IDR per share, and 6 of the 6 models we run sit above the 482.00 IDR price.

Bear case: the Asset-Based group reads lowest at 633.23 IDR, and 0 of the 6 models stay below the price. Data coverage for this calculation is low.

Scenario range: 700.89 IDR (bear) to 1,067 IDR (bull), the price of 482.00 IDR sits below 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 69/100 (solid quality), in the Financial Services sector.

Asuransi Dayin Mitra Tbk reported revenue of 1.4T IDR in FY2025 versus 201B IDR in FY2021, a compound +63.7%/yr. Reported net income was 18.1B IDR in FY2025, compounding −2.8%/yr from FY2021.

Key figures

Market cap 185B IDR (≈ $10.3M) Micro · P/E ratio 10.6 · P/S ratio 0.58 · EPS (TTM) 45.61 IDR · Dividend yield 6.6% · Net margin 7.2% · Return on equity 5.7% · Return on assets (EBIT) 2.8% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).

What moves the price

The share trades about 28% below its 52-week high and 6% 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 56%, ASDM screens cheaper than that median.

Fair Value models

Bear 700.89 IDR Fair Value 753.77 IDR Bull 1,067 IDR
Price 482.00 IDR · Upside +56.4%
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 (11.67 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.
Best data coverage
Residual Income 700.89 IDR 707.92 IDR 739.52 IDR 76
Gordon GGM 405.13 IDR 753.77 IDR 1,067 IDR 67
DDM Multi-Stage 405.13 IDR 676.81 IDR 802.37 IDR 67
All 6 models by family
Dividend Discount
Gordon GGM 405.13 IDR 753.77 IDR 1,067 IDR 67
DDM Multi-Stage 405.13 IDR 676.81 IDR 802.37 IDR 67
Multiples
P/E Multiple 458.32 IDR 611.09 IDR 763.86 IDR 63
P/B Multiple 992.38 IDR 1,323 IDR 1,654 IDR 55
Asset-Based
NCAV (Graham) 472.56 IDR 633.23 IDR 945.12 IDR 51
Economic Profit
Residual Income 700.89 IDR 707.92 IDR 739.52 IDR 76

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Quality Score breakdown

Overall quality 69/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 55
How much profit the company makes from its sales and capital
Quality Growth 69
Are margins and returns getting better?
Cashflow 44
Do the profits arrive as real cash?
Financial strength 65
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 77
How calm the share price moves, does not count
Price momentum 33
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 13
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

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Revenue & earnings trend

What shareholders gained per year (last 5 years), in IDR ⓘ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. 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.
−1.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.6%
Dividend (yield on the price)6.6%
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.−7.6% vs −13.6%, picking up
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.14% → 1%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.1%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

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).
−4.4%
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 −6.8% a year for the price.

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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 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 69 · Top 25%
Fair Value upside +56.4% · Top 25%
Profitability
Return on equity (12 months) 5.7% · Bottom 25%
Return on assets 2.0% · Below median
Net margin (12 months) 7.2% · Below median
Operating margin (12 months) 31.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) −40.5% · Bottom 25%
Dividend yield (12 months) 6.6% · Top 25%

Valuation Multiplesvs Insurance - Diversified median · lower = cheaper

P/E (12 months) 10.6× · Cheaper than median
P/B 0.51× · Cheapest 25%
P/S (12 months) 0.58× · Cheapest 25%
Price / free cash flow (fiscal year) 9.0× · Cheaper than median
EV/EBITDA 5.3× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 9
FUTURE (revenue growth)0 · sector 38
PAST (return on equity)23 · sector 54
HEALTH (low debt)0 · sector 89
DIVIDEND (yield)100 · sector 74

Context: sector, industry, market

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

Similar stocks

10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Arch Capital Group ACGL $107.28 $133.22 +24% vs ASDM
American International Group AIG $77.75 $73.25 −6% vs ASDM
The Hartford Insurance Group HIG $133.99 $115.03 −14% vs ASDM
AXA SA CS €44.68 €35.31 −21% vs ASDM
Talanx AG TLX €129.90 €89.76 −31% vs ASDM
Sun Life Financial Inc SLF $71.53 $40.29 −44% vs ASDM
Zurich Insurance Group ZURN CHF 630.20 CHF 322.32 −49% vs ASDM
Allianz SE ALV €451.10 €229.28 −49% vs ASDM
Assicurazioni Generali S.p.A G €43.73 €22.17 −49% vs ASDM
Swiss Life Holding SLHN CHF 971.20 CHF 413.28 −57% vs ASDM

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Asuransi Dayin Mitra Tbk: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Asuransi Dayin Mitra Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ASDM

Frequently asked questions

Is Asuransi Dayin Mitra Tbk (ASDM) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 753.77 IDR versus a price of 482.00 IDR, about +56% upside (undervalued).
What is the fair value of ASDM?
Our model-based fair value for Asuransi Dayin Mitra Tbk is 753.77 IDR (as of Nov 8, 2026), built from audited fundamentals. The current price: 482.00 IDR.
What is the quality score of ASDM?
Asuransi Dayin Mitra Tbk has a Quality Score of 69/100. 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 Asuransi Dayin Mitra Tbk (ASDM)?
Our model-based price target is the fair value of 753.77 IDR (as of Nov 8, 2026) from 6 valuation models. Cautious scenario 700.89 IDR, optimistic scenario 1,067 IDR. It is a calculation from audited fundamentals, not an analyst target.
What is the Asuransi Dayin Mitra Tbk stock forecast for 2026?
Our models put fair value at 753.77 IDR, about +56% upside versus a price of 482.00 IDR (undervalued). Cautious scenario 700.89 IDR, optimistic scenario 1,067 IDR. The calculation is refreshed regularly with new filings.
Does Asuransi Dayin Mitra Tbk pay a dividend?
Asuransi Dayin Mitra Tbk currently shows a dividend yield of 6.64% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Asuransi Dayin Mitra Tbk (ASDM) and when is the ex-dividend date?
Asuransi Dayin Mitra Tbk pays a dividend of 32.00 IDR per share a year, a dividend yield of 6.6%. The last ex-dividend date was Jul 7, 2026. A dividend has been paid every year since 2009. The payout ratio is 70.2% of earnings. Free cash flow covers the dividend 1.67 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Asuransi Dayin Mitra Tbk (ASDM)?
For today's price to be fair in a discounted-cash-flow model, Asuransi Dayin Mitra Tbk would have to grow free cash flow by -4.4 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +47.5 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ASDM use?
Our models discount Asuransi Dayin Mitra Tbk at 10.5 %: a base by market capitalisation (nano), damped by beta 0.07, 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 Asuransi Dayin Mitra Tbk that is -4.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Asuransi Dayin Mitra Tbk (ASDM) delivered so far?
Over the past 5 years revenue at Asuransi Dayin Mitra Tbk grew +47.5 % a year. The price currently implies free-cash-flow growth of -4.4 % 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 Asuransi Dayin Mitra Tbk (ASDM) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Asuransi Dayin Mitra Tbk (-4.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Asuransi Dayin Mitra Tbk (ASDM)?
The free-cash-flow yield on the price is 11.08 %: that much free cash flow Asuransi Dayin Mitra Tbk produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Asuransi Dayin Mitra Tbk (ASDM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Asuransi Dayin Mitra Tbk it is 753.77 IDR per share (as of Nov 8, 2026), against a price of 482.00 IDR. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Asuransi Dayin Mitra Tbk stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ASDM trades below its calculated fair value: price 482.00 IDR, fair value 753.77 IDR, a gap of about +56% (undervalued). 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 ASDM?
No. The price is what the market pays today (482.00 IDR); the fair value is what the company's own numbers justify (753.77 IDR). For Asuransi Dayin Mitra Tbk the two are 271.77 IDR per share apart. That gap is exactly why we show both numbers side by side.
How much is Asuransi Dayin Mitra Tbk worth?
The market values Asuransi Dayin Mitra Tbk at about 185B IDR (market capitalisation, as of Nov 8, 2026). Per share that is 482.00 IDR; our models calculate a fair value of 753.77 IDR per share.
What do the bullish and bearish scenarios say about ASDM?
Our models span a range for Asuransi Dayin Mitra Tbk: cautious scenario 700.89 IDR, base 753.77 IDR, optimistic 1,067 IDR per share (as of Nov 8, 2026, price 482.00 IDR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ASDM?
Asuransi Dayin Mitra Tbk trades at a price-to-earnings ratio of 10.6 (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 753.77 IDR is built from several models across several years. Other multiples: P/B 0.5, P/S 0.6, EV/EBITDA 5.3.
How solid is the balance sheet of Asuransi Dayin Mitra Tbk (ASDM)?
Balance-sheet figures for Asuransi Dayin Mitra Tbk (as of Nov 8, 2026): return on equity 5.7%. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is ASDM from its 52-week high?
Asuransi Dayin Mitra Tbk trades at 482.00 IDR, about 28% below its 52-week high of 665.88 IDR and 6% above the low of 456.00 IDR (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 753.77 IDR is for.
Which stocks are comparable to Asuransi Dayin Mitra 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 Asuransi Dayin Mitra Tbk stock attractive at the current price?
The data as of Nov 8, 2026: price 482.00 IDR, calculated fair value 753.77 IDR (+56%), Quality Score 69/100, 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 ASDM calculated?
We run Asuransi Dayin Mitra 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 753.77 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. Asuransi Dayin Mitra Tbk currently trades 36% below its own fair value, and the market average says nothing about that. 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 Asuransi Dayin Mitra Tbk (ASDM)?
The closing price on Nov 9, 2026 was 482.00 IDR. Our model-based fair value is 753.77 IDR, about +56% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Asuransi Dayin Mitra Tbk right now?
The price is below even our cautious bear case (700.89 IDR). The market is more pessimistic than our downside scenario. 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 quality (69/100) at a price below fair value, the discount is the argument here, not the business quality. 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 Asuransi Dayin Mitra Tbk (ASDM) come from?
Earnings per share at Asuransi Dayin Mitra Tbk grew −13.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +5.9 %, EBIT margin −18.6 %, tax rate +0.9 %, 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 Asuransi Dayin Mitra Tbk

How large is the market capitalisation of Asuransi Dayin Mitra Tbk (ASDM)?
The market capitalisation of Asuransi Dayin Mitra Tbk is 185B IDR (≈ $10.3M). 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 Asuransi Dayin Mitra Tbk (ASDM)?
The price-to-sales ratio of Asuransi Dayin Mitra Tbk is 0.58 (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 Asuransi Dayin Mitra Tbk (ASDM)?
Earnings per share at Asuransi Dayin Mitra Tbk are 45.61 IDR (price ÷ EPS = P/E 10.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Asuransi Dayin Mitra Tbk (ASDM)?
The dividend yield of Asuransi Dayin Mitra Tbk is 6.6% (payout 70.2%). 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 Asuransi Dayin Mitra Tbk (ASDM)?
The net margin of Asuransi Dayin Mitra Tbk is 7.2% (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 Asuransi Dayin Mitra Tbk (ASDM)?
The return on equity (ROE) of Asuransi Dayin Mitra Tbk is 5.7% (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 Asuransi Dayin Mitra Tbk (ASDM)?
On an EBIT basis the return on assets of Asuransi Dayin Mitra Tbk is 2.8% (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 Asuransi Dayin Mitra Tbk (ASDM)?
The operating margin of Asuransi Dayin Mitra Tbk is 31.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Asuransi Dayin Mitra Tbk (ASDM)?
Revenue at Asuransi Dayin Mitra Tbk is growing −40.5% versus a year earlier (3y avg +88.4%). 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 Asuransi Dayin Mitra Tbk (ASDM)?
Earnings per share at Asuransi Dayin Mitra Tbk are growing +144% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Asuransi Dayin Mitra Tbk (ASDM) hold?
Asuransi Dayin Mitra Tbk holds more cash than debt, 4.6B IDR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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