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PT Asuransi Dayin Mitra Tbk (ASDM) Fair Value & Analysis

Financial Services · ID · Market cap 198B IDR

PA PT Asuransi Dayin Mitra Tbk ASDM · JK
Price510.00 IDR
Fair Value611.09 IDR
Upside+19.8%
Quality68/100
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Healthy Growth
Thin margins · 5.5% net margin
generates free cash flow
Ranks above peers (8/13)
Narrow moat 35/100
Evidence: High Range 458.32 IDR – 763.86 IDR Share as image

Fair value as of: Jul 16, 2026

From 4 valuation models · updated 25 days ago

Share price −1.0% over the past month.

A solid business, screening 20% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from 458.32 IDR (bear) to 763.86 IDR (bull), base 611.09 IDR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 68/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

665.88 IDR 274.53 IDR Fair Value 611.09 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 274.53 IDR – 665.88 IDR · fair‑value band 458.32 IDR – 763.86 IDR · the 510.00 IDR price screens below the 611.09 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.

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Analysis

PT Asuransi Dayin Mitra Tbk (ASDM) currently trades at 510.00 IDR, while our model-based Fair Value estimate is 611.09 IDR, implying the stock looks roughly 19.8% undervalued today. The Quality Score stands at 68/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PT Asuransi Dayin Mitra Tbk generated revenue of 269B IDR at a net margin of 9.7%. Revenue grew 20.5% year over year. It earns a return on equity of 6.4%. The balance sheet holds a net cash position of 4.6B IDR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 458.32 IDR (bear case) to 763.86 IDR (bull case); at 510.00 IDR, the current price sits within 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 33% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 20%, ASDM screens cheaper 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 724.04 IDR 731.55 IDR 699.02 IDR 76
P/E Multiple 458.32 IDR 611.09 IDR 763.86 IDR 63
P/B Multiple 599.34 IDR 799.12 IDR 998.89 IDR 55
All 4 models by family
Multiples
P/E Multiple 458.32 IDR 611.09 IDR 763.86 IDR 63
P/B Multiple 599.34 IDR 799.12 IDR 998.89 IDR 55
Asset-Based
NCAV (Graham) 472.56 IDR 633.23 IDR 945.12 IDR 50
Economic Profit
Residual Income 724.04 IDR 731.55 IDR 699.02 IDR 76

Widest divergence: Economic Profit (731.55 IDR) versus Multiples (611.09 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 269B IDR
Revenue growth (YoY) +20.5%
Net margin 9.7%
Return on equity 6.4%
Free cash flow 20.5B IDR FY2025
P/E ratio 11.2
More key figures
Operating margin 10.7%
EPS (TTM) 44.99 IDR
EPS growth (YoY) +16.7%
Net cash 4.6B IDR FY2025

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

Quality Score breakdown

Overall quality 68/100

Of which business quality 65 · Market factors (momentum, volatility) 47

Profitability 55
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 27
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 Dayin Mitra Tbk engages in the general insurance business in Indonesia. 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 …

Full company description

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

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT 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.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.4T IDR
Latest YoY
+429.8%
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.
+88.4%
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.
+47.5%
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.
+51.8%
Revenue +63.7%/yr
FY21 201B IDR
FY22 215B IDR
FY23 241B IDR
FY24 272B IDR
FY25 1.4T IDR
Net income −2.8%/yr
FY21 20.3B IDR
FY22 18.6B IDR
FY23 21.0B IDR
FY24 30.1B IDR
FY25 18.1B IDR
Character of growth · EPS growth decomposed (2014-2025) −13.0 % p.a.
Revenue per share +5.9 pp

of which total revenue +14.4 pp · buybacks/dilution −8.5 pp

EBIT margin −18.6 pp
Tax rate +0.9 pp
Residual (interest, one-offs) −1.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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

Peer Group

Insurance - Diversified · 84 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 67 · Top 25%
Fair Value upside +20% · Above median
Return on equity (TTM) 5% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 18% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Insurance - Diversified median · lower = cheaper

P/E (TTM) 11.4× · Cheaper than median
P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.63× · Cheaper than median
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 6.9× · Cheaper 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 60 · sector 45
FUTURE 91 · sector 31
PAST 18 · sector 49
HEALTH 0 · sector 89
DIVIDEND 0 · sector 45

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 - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRKB 8,562 MXN 10,844 MXN +27%
Allianz SE ALV €421.00 €369.31 -12%
Zurich Insurance Group ZURN CHF 624.40 CHF 619.80 -1%
AXA SA AXAN 888.28 MXN 1,249 MXN +41%
Assicurazioni Generali S.p.A G €42.90 €12.18 -72%
Sun Life Financial Inc SLF C$114.20 C$87.83 -23%
BB Seguridade Participações S.A BBSE3 R$40.71 R$60.39 +48%
Tryg A/S TRYG kr 154.00 kr 116.45 -24%
PT Sinar Mas Multiartha Tbk SMMA 20,625 IDR 4,176 IDR -80%
Caixa Seguridade Participações S.A CXSE3 R$21.77 R$18.60 -15%

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Frequently asked questions

Is PT Asuransi Dayin Mitra Tbk (ASDM) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 611.09 IDR versus a price of 510.00 IDR, about +20% (undervalued).
What is the fair value of ASDM?
Our model-based fair value for PT Asuransi Dayin Mitra Tbk is 611.09 IDR (as of Jul 16, 2026), built from audited fundamentals. The current price is 510.00 IDR.
What is the quality score of ASDM?
PT Asuransi Dayin Mitra Tbk has a Quality Score of 68/100. 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 Dayin Mitra Tbk (ASDM)?
PT Asuransi Dayin Mitra Tbk reported trailing-twelve-month revenue of about 269B IDR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ASDM?
The net profit margin of PT Asuransi Dayin Mitra Tbk is about 9.7%, meaning it keeps roughly 9.7% 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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