Want to see JP:8725 full AI Analyst Report?

MS&AD Insurance Group Holdings (8725) Price & Analysis

3 Followers

8725 Stock Chart & Stats

¥4898.00

¥131.00(2.67%)

At close: Jul 27 4:00 PM EDT

¥4898.00

¥131.00(2.67%)

Day’s Range― - ―

52-Week Range¥3,108.00 - ¥5,073.00

Previous CloseN/A

Volume4.74M

Average Volume (3M)3.86M

Market Cap

¥7.24T

Enterprise Value¥6.90M

Total Cash (Recent Filing)¥4.90T

Total Debt (Recent Filing)¥998.41B

Price to Earnings (P/E)9.3

Beta1.19

Next Earnings

Aug 14, 2026

EPS Estimate

75.3

Next Dividend Ex-DateN/A

Dividend Yield3.77%

Share Statistics

EPS (TTM)528.84

Shares Outstanding1,492,551,800

10 Day Avg. Volume3,912,120

30 Day Avg. Volume3,855,210

Financial Highlights & Ratios

PEG Ratio0.41

Price to Book (P/B)1.26

Price to Sales (P/S)0.83

P/FCF Ratio8.22

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

¥5,253.33

Price Target Upside7.25% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering9

EPS Forecast (FY)431.7

Revenue Forecast (FY)¥7.22T

Bulls Say, Bears Say

Bulls Say

Accelerating Revenue GrowthSustained premium growth of nearly 10% year-over-year supports scale and diversification across non-life and life lines. Durable revenue expansion increases insurance float, enhances underwriting leverage and provides recurring cash flow to fund investments and reserve strengthening over the medium term.

Step-up In Profitability And ROEA material improvement in net margins and ROE signals better underwriting discipline and/or investment returns. Higher, sustainable profitability strengthens capital generation, supports reserves and dividends, and provides a buffer against underwriting cycles, improving long-run financial resilience.

Manageable Leverage & Strong Recent Cash GenerationLow-to-moderate leverage combined with consistent OCF and FCF over recent years provides balance-sheet flexibility to absorb losses, invest in growth, and support dividends. Reliable cash generation improves liquidity management for claims and reduces refinancing risk over the medium term.

Bears Say

Earnings And Margin VolatilityHistorical swings in margins and earnings suggest exposure to underwriting cycles, claim frequency/severity, or investment returns. Persistent volatility complicates capital planning and pricing, and makes it harder to rely on sustained ROE and dividend capacity without consistent underwriting discipline.

Choppy Cash Conversion HistoryIntermittent negative operating cash flow and variable cash conversion reduce predictability of available capital to pay claims, invest, or return cash to shareholders. Even with recent improvement, past volatility indicates potential liquidity stress during adverse underwriting or market conditions.

Rising Debt And Asset/Equity Structure RiskAn uptick in debt alongside an asset-heavy balance sheet raises sensitivity to profitability and capital adequacy. If underwriting or investment returns weaken, leverage and the thin equity buffer relative to assets could constrain capital actions and limit strategic flexibility over multiple quarters.

MS&AD Insurance Group Holdings News

MS&AD Advances Large-Scale Share Buyback Program

An announcement from MS&AD Insurance Group Holdings ( ($JP:8725) ) is now available. MS&AD Insurance Group Holdings has...

1d ago

MS&AD Advances Share Buyback Under ¥190 Billion Repurchase Plan

MS&AD Insurance Group Holdings ( ($JP:8725) ) just unveiled an update. MS&AD Insurance Group Holdings, Inc., a leading...

1M ago

MS&AD Outlines FY2025 Results and Forecasts Across Global Insurance Segments

MS&AD Insurance Group Holdings ( ($JP:8725) ) has issued an announcement. MS&AD Insurance Group Holdings released explanatory materials...

1M ago

MS&AD boosts dividends as profits rise and shifts to IFRS reporting

MS&AD Insurance Group Holdings ( ($JP:8725) ) has shared an announcement. MS&AD Insurance Group reported consolidated insurance revenue...

1M ago

MS&AD’s Mitsui Sumitomo Insurance Plans Up to ¥200 Billion in Domestic Bond Issuance

An announcement from MS&AD Insurance Group Holdings ( ($JP:8725) ) is now available. Mitsui Sumitomo Insurance, a core...

2M ago

MS&AD Advances Large-Scale Share Buyback Program

The latest announcement is out from MS&AD Insurance Group Holdings ( ($JP:8725) ). MS&AD Insurance Group Holdings has...

2M ago

MS&AD Sets 2030 Vision and 2026 Plan as Core Non-Life Units Prepare Merger

MS&AD Insurance Group Holdings ( ($JP:8725) ) just unveiled an announcement. MS&AD Insurance Group has unveiled its Group...

3M ago

MS&AD to Rebrand as Mitsui Sumitomo Insurance Group and Relocate Headquarters

MS&AD Insurance Group Holdings ( ($JP:8725) ) just unveiled an update. MS&AD Insurance Group Holdings plans to amend...

3M ago

MS&AD Sets ¥190 Billion Share Buyback Within Wider FY2026 Capital Return Plan

An update from MS&AD Insurance Group Holdings ( ($JP:8725) ) is now available. MS&AD Insurance Group Holdings has...

3M ago

MS&AD Raises Year-End Dividend, Lifting Full-Year Payout to 160 Yen

The latest announcement is out from MS&AD Insurance Group Holdings ( ($JP:8725) ). MS&AD Insurance Group Holdings has...

3M ago

8725 FAQ

What was MS&AD Insurance Group Holdings Inc’s price range in the past 12 months?

MS&AD Insurance Group Holdings Inc lowest stock price was ¥3108.00 and its highest was ¥5073.00 in the past 12 months.

What is MS&AD Insurance Group Holdings Inc’s market cap?

MS&AD Insurance Group Holdings Inc’s market cap is ¥7.24T.

When is MS&AD Insurance Group Holdings Inc’s upcoming earnings report date?

MS&AD Insurance Group Holdings Inc’s upcoming earnings report date is Aug 14, 2026 which is in 8 days.

How were MS&AD Insurance Group Holdings Inc’s earnings last quarter?

MS&AD Insurance Group Holdings Inc released its earnings results on May 20, 2026. The company reported ¥89.9 earnings per share for the quarter, missing the consensus estimate of ¥102.494 by -¥12.594.

Is MS&AD Insurance Group Holdings Inc overvalued?

According to Wall Street analysts MS&AD Insurance Group Holdings Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does MS&AD Insurance Group Holdings Inc pay dividends?

MS&AD Insurance Group Holdings Inc pays a Notavailable dividend of ¥85 which represents an annual dividend yield of 3.77%. See more information on MS&AD Insurance Group Holdings Inc dividends here

What is MS&AD Insurance Group Holdings Inc’s EPS estimate?

MS&AD Insurance Group Holdings Inc’s EPS estimate is 75.3.

How many shares outstanding does MS&AD Insurance Group Holdings Inc have?

MS&AD Insurance Group Holdings Inc has 1,492,551,800 shares outstanding.

What happened to MS&AD Insurance Group Holdings Inc’s price movement after its last earnings report?

MS&AD Insurance Group Holdings Inc reported an EPS of ¥89.9 in its last earnings report, missing expectations of ¥102.494. Following the earnings report the stock price went down -1.843%.

Which hedge fund is a major shareholder of MS&AD Insurance Group Holdings Inc?

Currently, no hedge funds are holding shares in JP:8725

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

MS&AD Insurance Group Holdings Inc

MS&AD Insurance Group Holdings, Inc. operates as a global insurance conglomerate, offering a diverse array of insurance and financial services. Its portfolio includes extensive non-life coverage, such as policies for fire, marine, personal accidents, and both optional and mandatory automobile liabilities, among other general insurance products. The company also underwrites life insurance and provides vital reinsurance and risk-related consultancy services. Founded in 1918 and headquartered in Tokyo, Japan, the firm changed its name from Mitsui Sumitomo Insurance Group Holdings, Inc. to its current designation in April 2010.

MS&AD Insurance Group Holdings (8725) Earnings & Revenues

Historic Earnings Reports

8725 Stock 12 Month Forecast

Average Price Target

¥5,253.33

▲(7.25% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"3126":"¥3,126","6101":"¥6,101","3869.75":"¥3,869.8","4613.5":"¥4,613.5","5357.25":"¥5,357.3"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":6100,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">¥6K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":5253.333333333333,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">¥5.25K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":4600,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">¥4.60K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[3126,3869.75,4613.5,5357.25,6101],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4924,5014.461538461538,5104.923076923077,5195.384615384615,5285.846153846154,5376.307692307692,5466.7692307692305,5557.2307692307695,5647.692307692308,5738.153846153846,5828.615384615385,5919.076923076923,6009.538461538462,{"y":6100,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4924,4949.333333333333,4974.666666666667,5000,5025.333333333333,5050.666666666667,5076,5101.333333333333,5126.666666666666,5152,5177.333333333333,5202.666666666666,5228,{"y":5253.333333333333,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,4924,4899.076923076923,4874.153846153846,4849.2307692307695,4824.307692307692,4799.384615384615,4774.461538461538,4749.538461538462,4724.615384615385,4699.692307692308,4674.7692307692305,4649.846153846154,4624.923076923077,{"y":4600,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":3135.93,"date":1754006400000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":3320.115,"date":1756684800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":3250.02,"date":1759276800000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":3127.322,"date":1761955200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":3415.907,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3615.169,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3839.951,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4239.455,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4203,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3996,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4298,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4281,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":4924,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >