Stock Name : ALLIANZ
Code: 1163
Nature of Business: Life & General Insurance
Low PE (shown improvement in revenue growth and net profit growth, net profit doubled within 7 years)
Fluctuation in net profit is common in insurance business when there is increase in claims there will be decrease in net profit, company had shown increase in reserve and insurance business in terms of contract liability
Dividend - higher dividend distributed for past 3 years, around 4%
Net asset: Price below Net Asset
Debt to Equity: 4.25*
Current Ratio: OK
*higher due to nature of business, insurance contract liabilities does not immediately realized as claims come in later days
Pseudo-DCF (10%, 10 years period): 13.24-24
Technical: 12.00-13.00
Overall: Green
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