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PT Asuransi Jasa Tania Tbk (ASJT) Fair Value & Analysis

Financial Services · ID · Market cap 231B IDR

PA PT Asuransi Jasa Tania Tbk ASJT · JK
Price153.00 IDR
Fair Value62.23 IDR
Upside-59.3%
Quality62/100
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Mixed Growth
Loss-making · -0.5% net margin
Low debt · generates free cash flow
Trails peers (3/10)
Narrow moat 30/100
Evidence: High Range 46.67 IDR – 77.79 IDR Share as image

Fair value as of: Jul 19, 2026

From 4 valuation models · updated 22 days ago

Share price −5.6% over the past month.

A solid business, but screening 59% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (77.79 IDR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) 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)

252.73 IDR 94.52 IDR Fair Value 62.23 IDR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 94.52 IDR – 252.73 IDR · fair‑value band 46.67 IDR – 77.79 IDR · the 153.00 IDR price screens above the 62.23 IDR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

PT Asuransi Jasa Tania Tbk (ASJT) currently trades at 153.00 IDR, while our model-based Fair Value estimate is 62.23 IDR, implying the stock looks roughly 59.3% overvalued today. The Quality Score stands at 62/100 (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 Jasa Tania Tbk generated revenue of 234B IDR at a net margin of 0.1%. Revenue grew 0.7% year over year. The balance sheet holds a net cash position of 11.3B IDR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 46.67 IDR (bear case) to 77.79 IDR (bull case); at 153.00 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 46% below its 52-week high and 60% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 8% fair-value upside, at -59%, ASJT 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 164.54 IDR 157.31 IDR 127.26 IDR 76
P/E Multiple 46.67 IDR 62.23 IDR 77.79 IDR 63
P/B Multiple 61.04 IDR 81.38 IDR 101.73 IDR 55
All 4 models by family
Multiples
P/E Multiple 46.67 IDR 62.23 IDR 77.79 IDR 63
P/B Multiple 61.04 IDR 81.38 IDR 101.73 IDR 55
Asset-Based
NCAV (Graham) 114.87 IDR 153.93 IDR 229.74 IDR 50
Economic Profit
Residual Income 164.54 IDR 157.31 IDR 127.26 IDR 76

Widest divergence: Economic Profit (157.31 IDR) versus Multiples (62.23 IDR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 232B IDR
Revenue growth (YoY) -91.4%
Net margin -0.5%
Return on equity -0.3%
Free cash flow 53.6B IDR FY2025
Operating margin 8.4%
More key figures
EPS (TTM) -0.0100 IDR
EPS growth (YoY) -45.2%
Net cash 11.3B IDR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 66 · Market factors (momentum, volatility) 47

Profitability 34
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 54
Distance to the 52-week high (market factor)
Net Issuance 40
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 Jasa Tania Tbk provides general insurance products and services in Indonesia. The company offers standard products, such as fire insurance comprising property all risk/industrial all risk and earthquake insurance; motor vehicle insurance; engineering insurance, including contractor, erection, and machinery breakdown insurance; marine cargo and …

Full company description

PT Asuransi Jasa Tania Tbk provides general insurance products and services in Indonesia. The company offers standard products, such as fire insurance comprising property all risk/industrial all risk and earthquake insurance; motor vehicle insurance; engineering insurance, including contractor, erection, and machinery breakdown insurance; marine cargo and hull insurance; surety bond comprising bid bond, performance bond, advance payment bond, and maintenance bond; personal accident insurance; and miscellaneous insurance, including cash in transit/cash in safe, burglary/theft, heavy equipment, and hole in one insurance. It also provides development products, including JT Oto, JT Griya, livestock insurance, plantation insurance, health insurance (JT Care Micro), hospital liability insurance, travel insurance, Jastan Trip, JT doctor, worker, and student insurance, as well as Askes JT Care Cash Plan, and hospital health service liability products. In addition, the company offers goods transportation, health, money storage and transfer, construction project, freight, and liability insurance. The company was founded in 1979 and is headquartered in Jakarta Selatan, Indonesia. PT Asuransi Jasa Tania Tbk operates as a subsidiary of Dana Pensiun Perkebunan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PT Asuransi Jasa Tania Tbk reported revenue of 235B IDR in FY2025 versus 119B IDR in FY2021, a compound +18.5%/yr. Reported net income was 6.7B IDR in FY2025, compounding +109.8%/yr from FY2021.

Growth Quality 82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
235B IDR
Latest YoY
+72.8%
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.
+33.2%
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.
+15.7%
Avg. growth/yr (23Y) 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.
+6.7%
Revenue +18.5%/yr
FY21 119B IDR
FY22 99.5B IDR
FY23 126B IDR
FY24 136B IDR
FY25 235B IDR
Net income +109.8%/yr
FY21 346M IDR
FY22 574M IDR
FY23 4.0B IDR
FY24 4.8B IDR
FY25 6.7B IDR
Character of growth · EPS growth decomposed (2014-2025) −19.9 % p.a.
Revenue per share −9.6 pp

of which total revenue −2.8 pp · buybacks/dilution −6.9 pp

EBIT margin −9.5 pp
Tax rate +0.2 pp
Residual (interest, one-offs) −1.0 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).

ASJT screens 59% overvalued. Compare with The Progressive Corporation →

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Cite: Fair Value Calculator (2026). "PT Asuransi Jasa Tania Tbk Fair Value". https://www.fairvalue-calculator.com/stock/ASJT

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 64 · Above median
Fair Value upside −59% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 8% · Below median
Revenue growth -91% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

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

P/FCF 0.0× · Cheaper than 75% of peers

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 42
FUTURE 0 · sector 31
PAST 0 · 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 19, 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 Jasa Tania Tbk (ASJT) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 62.23 IDR versus a price of 153.00 IDR, about −59% (overvalued).
What is the fair value of ASJT?
Our model-based fair value for PT Asuransi Jasa Tania Tbk is 62.23 IDR (as of Jul 19, 2026), built from audited fundamentals. The current price is 153.00 IDR.
What is the quality score of ASJT?
PT Asuransi Jasa Tania Tbk has a Quality Score of 62/100. 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 Jasa Tania Tbk (ASJT)?
PT Asuransi Jasa Tania Tbk reported trailing-twelve-month revenue of about 234B IDR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ASJT?
The net profit margin of PT Asuransi Jasa Tania Tbk is about 0.1%, meaning it keeps roughly 0.1% of revenue as net income. Based on the latest reported figures.
Does PT Asuransi Jasa Tania Tbk pay a dividend?
PT Asuransi Jasa Tania Tbk currently shows a dividend yield of about 0.68% relative to its recent price (as of Jul 19, 2026).

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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