AIA Group Limited

HK$78.45As of Sun 8 Nov 2026, 12:00 UTC

HKEX:1299Financials

Country Hong Kong

PE (Fwd) •••

TSR 10Y CAGR 6.91%

Div yield 2.46%

ROE 19.62%

Insurance (Life)

Beta (5Y) 0.64

PE TTM 13.09

TSR TTM 6.52%

Mkt cap HK$808.3B

Combined —

SE Grade™

Value

Quality

Moat

Consensus

Reference

$79

0.80%

214.95%

Buy 5|5|6|4|4

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

201.9

Revenue$B

95.25

103.9

110.7

120.3

131.6

141.6

150.7

164.2

177.3

189.1

223.6

7.53%

7.88%

6.47

Revenue growth%

11.47

11.22

13.35

11.32

14.07

16.00

14.86

12.26

9.80

12.35

7.11

12.35

12.31

22.01

Combined R.%

89.84

89.34

89.46

87.82

88.99

88.97

89.45

89.65

87.16

87.54

27.26

88.97

89.17

15.33

Operating margin%

11.86

12.73

13.05

14.74

12.54

13.64

13.44

12.21

12.40

14.91

6.59

13.44

12.89

15.87

Net margin%

7.57

8.92

9.44

8.84

7.13

9.75

9.52

10.10

12.63

13.91

2.97

10.10

9.48

9.533

P/E ratio (avg)x

23.32

26.79

28.44

32.10

32.35

36.58

37.03

41.89

44.25

48.01

22.28

41.89

34.47

28.47

P/TBVx

47.35

45.72

50.68

55.27

59.31

65.15

65.82

71.35

71.52

81.70

25.32

71.35

62.23

25.84

P/Bx

37.80

43.46

43.39

43.04

48.33

49.23

50.26

60.13

68.52

67.64

9.448

60.13

48.78

28.26

Prem. grth%

28.45

28.28

26.84

29.26

26.62

23.91

21.22

22.70

24.67

24.83

13.93

23.91

25.73

11.50

Invest. yld%

2.89

0.67

1.13

1.65

2.03

0.40

1.13

1.14

3.50

5.65

18.68

1.14

1.40

10.07

BVPS grth%

30.21

30.95

32.30

29.81

29.40

29.25

28.73

29.09

29.40

27.31

14.53

29.09

29.40

18.52

Return on equity%

28.62

28.88

30.85

28.93

28.17

29.00

27.30

29.69

28.61

28.13

27.39

28.61

28.75

23.22

Return on assets%

32.32

30.19

31.69

29.85

31.57

32.79

30.82

31.95

34.88

35.12

16.51

32.79

31.82

3.93

EPS$

10.82

12.10

14.35

16.21

16.13

17.90

19.62

20.56

21.76

25.62

4.26

9.69%

9.94%

—

3.46

EPS growth%

23.22

25.50

22.67

24.48

24.39

22.30

24.87

25.50

25.99

24.40

24.62

24.87

24.44

10.07

Bookvalue per sh$

3.08

3.42

3.31

3.11

3.44

3.22

3.02

3.03

3.29

3.31

13.37

(0.76%)

1.12%

—

6.08

TBV/sh$

4.15

4.29

4.47

5.34

5.23

6.07

7.36

8.66

8.70

9.24

12.91

12.06%

9.70%

—

10.40

Dividend per sh$

12.69

12.60

11.98

11.93

12.09

13.02

14.02

14.55

15.59

14.72

2.12

4.01%

0.79%

—

5.56

Div yield (avg)%

24.41

26.65

24.40

26.71

27.36

26.28

27.33

26.95

25.90

27.68

18.14

26.95

26.68

17.25

Payout ratio%

3.10

3.55

6.40

3.75

3.01

2.93

3.89

4.23

3.57

6.05

3.69

3.89

3.66

10.28

Shares (diluted)B

11.41

12.09

11.91

12.59

12.24

10.75

10.91

10.20

10.99

10.31

10.16

(3.37%)

(1.17%)

15.24

Buyback yield%

19.04

19.78

17.55

15.27

12.29

13.37

13.30

11.24

11.53

10.44

28.32

11.53

13.33

0.584

D/E ratiox

1.471

1.553

1.719

1.978

1.887

2.197

2.576

3.031

3.217

0.482

3.031

2.087

44.46

Assets$B

233.2

248.0

279.3

306.5

327.2

363.0

379.8

428.3

487.4

514.5

145.5

9.47%

8.89%

108.1

LT debt$B

156.9

169.6

171.4

170.8

167.1

187.2

198.8

192.9

197.4

220.8

91.07

5.73%

4.42%

Peers (US$103.1B)

Cap (US$)

BOC Hong Kong (Holding…

67.43B

12.68x

Hong Kong Exchanges…

62.17B

24.73x

Futu Holdings Limited

13.75B

9.777x

China Life Insurance…

134.6B

8.051x

Capital

TTM

10Y

Leveragex

1.246

0.634

0.349

EBIT/Intx

0.391

0.118

0.119

Own earn%

—

Sh yield%

20.80

38.20

40.14

Owners

Insiders/Inst%

2.29

82.46

Short interest%

1.37

SBC / revenue%

0.76

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

12–15

$1 testx

0.1

Incr. ROIC%

—

AIA Group Limited provides life insurance based financial services in Hong Kong, offering life, accident and health insurance and savings plans, plus employee benefits, credit life and pension services to corporate clients. It also distributes investment and other financial products, selling through agents and partners in Mainland China, Macau, Thailand, Singapore, Malaysia, Australia, South Korea, Taiwan, India and other markets.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$189.1B

7.88%

1.00×

Claims and benefits

$102.4B

7.99%

1.01×

Total costs

$151.6B

7.72%

0.99×