MS&AD Insurance Group Holdings, Inc.

¥4,911As of Sun 8 Nov 2026, 12:00 UTC

TSE:8725Financials

Country Japan

PE (Fwd) •••

TSR 10Y CAGR 21.82%

Div yield 3.46%

ROE 16.09%

Insurance (Property & Casualty)

Beta (5Y) 0.27

PE TTM 8.140

TSR TTM 59.91%

Mkt cap ¥7.079T

Combined —

SE Grade™

Value

Quality

Moat

Consensus

Reference

¥4,984

1.49%

94.90%

Hold 10|7|10|10|9

TTM

FYE 31 Mar JPY

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

2,430

Revenue¥B

2,701

2,716

2,755

2,874

2,900

2,915

3,054

3,099

3,113

3,234

2,697

2.20%

2.09%

18.49

Revenue growth%

12.58

14.59

15.59

17.68

17.42

16.14

18.88

17.78

20.19

19.21

28.00

18.88

17.55

6.69

Combined R.%

74.82

74.83

76.59

75.33

75.66

76.39

74.21

76.05

75.63

75.83

25.74

75.83

75.65

18.45

Operating margin%

6.88

5.83

5.74

7.48

10.45

12.70

13.86

14.98

15.54

17.25

17.64

14.98

11.57

19.92

Net margin%

12.19

12.26

12.48

13.14

12.91

13.92

15.24

12.73

12.95

11.55

20.86

12.95

12.82

19.89

P/E ratio (avg)x

22.18

23.72

22.45

22.40

22.47

22.15

25.73

29.65

34.06

33.95

19.30

29.65

23.09

35.66

P/TBVx

50.89

56.79

67.06

75.23

70.93

79.41

92.69

94.77

92.55

98.91

9.968

92.69

77.32

14.84

P/Bx

13.46

11.85

10.08

10.76

9.869

8.435

7.368

6.233

5.955

6.256

8.489

6.256

9.152

12.21

Prem. grth%

29.99

30.72

30.88

32.78

35.36

35.59

33.45

35.91

36.59

39.17

23.72

35.91

34.41

27.09

Invest. yld%

12.27

12.46

10.53

10.49

12.73

12.38

14.86

14.79

12.45

9.89

5.91

12.45

12.41

15.30

BVPS grth%

14.25

14.07

12.45

13.41

11.47

11.50

13.98

15.30

12.72

13.93

14.23

13.93

13.67

27.67

Return on equity%

11.41

10.90

10.29

13.18

10.80

10.70

12.52

10.34

9.87

10.16

5.87

10.34

10.75

4.67

Return on assets%

11.00

8.85

11.44

11.53

11.73

14.11

11.24

12.27

14.38

14.56

24.53

14.11

11.63

465.39

EPS¥

348.66

395.55

417.15

464.23

468.12

454.39

482.59

526.50

523.48

490.75

477.03

0.95%

3.57%

—

7.59

EPS growth%

5.25

3.25

6.04

5.13

3.65

5.43

2.76

4.46

3.31

4.42

25.59

4.42

4.44

411.97

Bookvalue per sh¥

161.03

168.45

161.82

171.24

185.53

206.60

236.11

275.52

310.18

355.21

210.66

13.87%

9.77%

—

175.97

TBV/sh¥

915.95

913.85

991.36

1,020

1,007

1,111

1,192

1,331

1,584

1,864

388.60

13.10%

8.46%

—

505.12

Dividend per sh¥

283.37

278.28

289.10

314.97

317.54

327.81

318.61

352.66

328.13

364.55

300.07

2.80%

3.70%

—

27.26

Div yield (avg)%

25.07

26.04

26.87

29.20

26.85

25.53

25.80

27.59

25.35

22.54

4.91

25.53

25.92

9.45

Payout ratio%

2.43

1.55

0.40

0.65

1.58

0.40

0.46

0.40

3.96

0.40

0.43

1.418

Shares (diluted)B

1.930

1.977

2.275

2.641

2.867

3.007

2.925

3.460

4.108

4.435

1.439

9.12%

9.51%

22.64

Buyback yield%

20.40

19.18

21.39

21.00

23.15

20.58

20.42

21.45

24.10

25.06

25.21

21.45

21.19

0.382

D/E ratiox

1.228

1.201

1.338

1.315

1.414

1.565

1.593

1.866

2.068

2.161

1.504

1.866

1.490

2,152

Assets¥B

7,503

7,861

8,444

8,916

9,552

10,284

10,923

11,886

12,669

13,789

1,730

7.62%

7.32%

1,381

LT debt¥B

989.4

980.1

903.9

919.9

839.4

789.0

849.2

799.6

847.5

728.7

1,791

(2.79%)

(3.85%)

Peers (US$45.12B)

Cap (US$)

Tokio Marine Holdings…

103.1B

30.12x

Daiichi Life Group…

39.02B

11.17x

Sompo Holdings, Inc.

38.22B

8.703x

The People's Insurance…

44.57B

6.995x

Capital

TTM

10Y

Leveragex

1.097

1.068

0.865

EBIT/Intx

1.053

0.415

0.445

Own earn%

—

Sh yield%

49.91

47.60

47.93

Owners

Insiders/Inst%

3.35

87.04

Short interest%

3.13

SBC / revenue%

5.93

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

6–17

$1 testx

−0.2

Incr. ROIC%

—

MS&AD Insurance Group Holdings, Inc., an insurance holding company, engages in the provision of insurance and financial services worldwide. It offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company also offers online automobile insurance, fire insurance, and risk consulting.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

¥3.234T

2.09%

1.00×

Claims and benefits

¥1.658T

2.00%

0.99×

Total costs

¥2.217T

1.92%

0.98×