Tokio Marine Holdings (8766) AI Stock Analysis

• Market Cap: $11.05T
• Dividend Yield: 3.14%
• Average Volume (3M): 4.60M
• Price to Earnings (P/E): 10.7
• Beta (1Y): 1.33
• Revenue Growth: 14.87%
• EPS Growth: 74.60%
• Country: JP
• Employees: 43,870
• Sector: Financial
• Sector Strength: 76
• Industry: Insurance - Property & Casualty
• EPS (TTM): 83.69
• Shares Outstanding: 1,934,000,000
• 10 Day Avg. Volume: 3,774,250
• 30 Day Avg. Volume: 4,596,466
• PEG Ratio: -1.63
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $6,629.28
• Price Target Upside: 14.12% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 73 Outperform
• Price Target: ―

Tokio Marine Holdings has a strong financial foundation with robust revenue growth and efficient operations. The valuation is attractive, with a low P/E ratio and a solid dividend yield, making it appealing for value investors. However, the absence of cash flow in TTM presents a risk to financial health, and technical indicators suggest mixed market sentiment, with potential bearish momentum. Focusing on improving cash flow generation will be critical for sustaining long-term growth.

Tokio Marine Holdings Business Overview & Revenue Model

Company Description

Tokio Marine Holdings, Inc. is a leading global insurance group headquartered in Tokyo, Japan. The company operates in the property and casualty insurance sectors, offering a wide range of insurance products and services including automobile, homeowners, marine, and reinsurance. Additionally, Tokio Marine provides life insurance and has a significant presence in international markets, with operations spanning Asia, Europe, and the Americas. The company is known for its robust risk management practices and commitment to sustainability and innovation in the insurance industry.

How the Company Makes Money

Tokio Marine Holdings generates revenue primarily through the underwriting of insurance policies in both the property and casualty and life insurance sectors. The company earns premiums from policyholders in exchange for providing coverage against various risks such as accidents, natural disasters, and other unforeseen events. In addition to premium income, Tokio Marine generates income through investment activities, leveraging the premiums collected to invest in a diverse portfolio of financial instruments, including bonds, equities, and real estate. The company's earnings are further supported by strategic partnerships and joint ventures, which enhance its product offerings and market reach, particularly in international markets. Effective risk management and cost control measures are key factors that contribute to Tokio Marine's profitability.

Tokio Marine Holdings Financial Statement Overview

Summary

Tokio Marine Holdings demonstrates robust financial performance with strong revenue and profit growth, supported by efficient operations and prudent balance sheet management. Despite these strengths, the recent absence of cash flow in TTM suggests potential liquidity challenges. Overall, the company is positioned well in its industry, but enhancing cash flow generation will be crucial for sustained growth and financial resilience.

Income Statement

Tokio Marine Holdings exhibits strong financial performance with a consistent increase in Total Revenue, growing from ¥5.3 trillion in 2021 to ¥7.7 trillion in TTM. The Gross Profit Margin remains high at 100%, indicative of efficient cost management. The Net Profit Margin has improved significantly to 13.8% in TTM, reflecting effective operational strategies. There is a robust EBIT Margin of 65.4% and EBITDA Margin of 8.0% in TTM, showcasing strong operational efficiency. The company has demonstrated solid revenue growth, particularly in recent years.

Balance Sheet

The company's balance sheet is stable with a healthy Equity Ratio of 16.2% in TTM, suggesting sufficient equity backing assets. The Debt-to-Equity Ratio is low at 0.045 in TTM, indicating conservative leverage. However, Return on Equity (ROE) stands at a moderate 21.7% in TTM, signaling room for improved profitability from equity. Overall, the balance sheet reflects financial stability and prudent debt management, although there is potential to enhance returns on equity.

Cash Flow

Tokio Marine Holdings faces challenges in cash flow generation with zero Operating and Free Cash Flow in TTM, limiting cash availability for reinvestment and debt servicing. Historically, the company maintained positive cash flows, suggesting potential for recovery. The absence of cash flow metrics in TTM underscores the need for improved cash management strategies to sustain financial health.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
7.77T	7.58T	893.46B	6.44T	5.75T	5.32T
	Gross Profit
7.77T	0.00	867.45B	6.44T	5.75T	5.32T
	EBIT
5.08T	1.32T	821.87B	349.01B	394.04B	88.98B
	EBITDA
902.37B	1.48T	847.87B	726.82B	724.59B	397.33B
	Net Income Common Stockholders
1.07T	1.06T	695.81B	374.61B	420.48B	161.80B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.16T	0.00	896.90B	871.99B	848.82B	812.01B
	Total Assets
30.52T	31.24T	30.59T	27.70T	27.25T	25.77T
	Total Debt
224.58B	227.25B	224.40B	222.81B	219.79B	230.60B
	Net Debt
-930.43B	-843.90B	-672.49B	-649.18B	-629.02B	-581.41B
	Total Liabilities
25.58T	26.13T	25.41T	962.51B	23.17T	22.04T
	Stockholders Equity
4.94T	5.08T	5.18T	3.63T	4.02T	3.67T
Cash Flow		Free Cash Flow
0.00	1.32T	1.05T	982.71B	1.07T	1.15T
	Operating Cash Flow
0.00	1.35T	1.07T	1.01T	1.10T	1.18T
	Investing Cash Flow
0.00	177.45B	-627.65B	18.07B	-665.44B	-731.01B
	Financing Cash Flow
0.00	-1.20T	-406.20B	-1.01T	-504.63B	-512.97B

Tokio Marine Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5809.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8766, the sentiment is Neutral. The current price of 5809 is below the 20-day moving average (MA) of 6031.20, above the 50-day MA of 5744.34, and above the 200-day MA of 5480.51, indicating a neutral trend. The MACD of 10.75 indicates Positive momentum. The RSI at 44.19 is Neutral, neither overbought nor oversold. The STOCH value of 9.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8766.

Tokio Marine Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8601	74 Outperform	$1.34T	9.05	9.63%	3.23%	7.11%	28.65%
8766	73 Outperform	$11.05T	10.68	20.44%	3.14%	14.87%	74.60%
8630	72 Outperform	$4.00T	9.94	14.66%	3.50%	11.37%	27.90%
8604	71 Outperform	¥2.65T	8.08	9.88%	5.12%	13.94%	109.60%
8725	67 Neutral	¥5.02T	7.10	16.15%	3.16%	-1.15%	104.17%
Sector *	67 Neutral	¥707.04B	10.83	7.42%	3.37%	7.67%	16.19%
8750	64 Neutral	$3.95T	9.25	11.52%	3.54%	2.99%	81.04%

Tokio Marine Holdings Corporate Events

Tokio Marine Completes Share Repurchase Program

Tokio Marine Holdings, Inc. announced the completion of its share repurchase program, acquiring 2,186,500 common shares for approximately 11.57 billion yen. This move is part of a broader strategy approved by the board to repurchase up to 75 million shares, reflecting a commitment to enhancing shareholder value and optimizing capital structure.

Tokio Marine Holdings Reports Progress on Share Repurchase Program

Tokio Marine Holdings announced the progress of its share repurchase program, which was approved by its board of directors in November 2024. The company has repurchased over 5.5 million common shares for approximately 31 billion yen between March 1 and March 31, 2025. This move is part of a larger plan to repurchase up to 75 million shares by May 2025, reflecting a strategic effort to enhance shareholder value and optimize capital structure.

Tokio Marine to Divest Mitsubishi Shares in Strategic Move

Tokio Marine Holdings announced that its subsidiary, Tokio Marine & Nichido, will tender all its shares in Mitsubishi Corporation as part of a tender offer by MC. This decision aligns with the company’s strategy to reduce business-related equities and reallocate capital towards solving social problems and growth areas. If successful, the sale is expected to generate significant gains, impacting the company’s financial results positively for the fiscal year ending March 2026.