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Lippo General Insurance

IDX:LPGI
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LPGI
IDX
IDR548B
Market Cap
  1. Home
  2. ID
  3. Insurance
Company description

PT Lippo General Insurance Tbk offers various insurance products in Indonesia. The last earnings update was 150 days ago. More info.


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LPGI Share Price and Events
7 Day Returns
0%
IDX:LPGI
0.9%
ID Insurance
8.4%
ID Market
1 Year Returns
30.4%
IDX:LPGI
21.1%
ID Insurance
-30.6%
ID Market
LPGI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lippo General Insurance (LPGI) 0% 0% - 30.4% -36% -18.9%
ID Insurance 0.9% -8.3% -13.1% 21.1% 30.8% 127.2%
ID Market 8.4% -18.2% -29% -30.6% -21.8% -18.1%
1 Year Return vs Industry and Market
  • LPGI outperformed the Insurance industry which returned 21.1% over the past year.
  • LPGI outperformed the Market in Indonesia which returned -30.6% over the past year.
Price Volatility
LPGI
Industry
5yr Volatility vs Market

LPGI Value

 Is Lippo General Insurance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Lippo General Insurance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Lippo General Insurance.

IDX:LPGI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= IDR7,089.34 * 7.8%
IDR552.19
Book Value of Equity per Share Median Book Value from the past 5 years. IDR7,089.34
Discount Rate (Cost of Equity) See below 13.8%
Perpetual Growth Rate 10-Year ID Government Bond Rate 7.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for IDX:LPGI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ID Govt Bond Rate 7.1%
Equity Risk Premium S&P Global 7.9%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.615 (1 + (1- 25%) (0%))
0.859
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.07% + (0.859 * 7.85%)
13.81%

Discounted Cash Flow Calculation for IDX:LPGI using Excess Returns Model Model

The calculations below outline how an intrinsic value for Lippo General Insurance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

IDX:LPGI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (7.8% – 13.81%) * IDR7,089.34)
IDR-426.85
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= IDR-426.85 / (13.81% - 7.07%)
IDR-6,333.08
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= IDR7,089.34 + IDR-6,333.08
IDR756.26
IDX:LPGI Discount to Share Price
Calculation Result
Value per share (IDR) From above. IDR756.26
Current discount Discount to share price of IDR3,650.00
= -1 x (IDR3,650.00 - IDR756.26) / IDR756.26
-382.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Lippo General Insurance is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lippo General Insurance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lippo General Insurance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
IDX:LPGI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in IDR IDR494.35
IDX:LPGI Share Price ** IDX (2020-03-05) in IDR IDR3650
Indonesia Insurance Industry PE Ratio Median Figure of 16 Publicly-Listed Insurance Companies 14.09x
Indonesia Market PE Ratio Median Figure of 465 Publicly-Listed Companies 10.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lippo General Insurance.

IDX:LPGI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= IDX:LPGI Share Price ÷ EPS (both in IDR)

= 3650 ÷ 494.35

7.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lippo General Insurance is good value based on earnings compared to the ID Insurance industry average.
  • Lippo General Insurance is good value based on earnings compared to the Indonesia market.
Price based on expected Growth
Does Lippo General Insurance's expected growth come at a high price?
Raw Data
IDX:LPGI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Insurance Industry PEG Ratio Median Figure of 52 Publicly-Listed Insurance Companies 1.11x
Indonesia Market PEG Ratio Median Figure of 102 Publicly-Listed Companies 0.78x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Lippo General Insurance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lippo General Insurance's assets?
Raw Data
IDX:LPGI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in IDR IDR5,545.77
IDX:LPGI Share Price * IDX (2020-03-05) in IDR IDR3650
Indonesia Insurance Industry PB Ratio Median Figure of 19 Publicly-Listed Insurance Companies 0.77x
Indonesia Market PB Ratio Median Figure of 623 Publicly-Listed Companies 0.8x
IDX:LPGI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= IDX:LPGI Share Price ÷ Book Value per Share (both in IDR)

= 3650 ÷ 5,545.77

0.66x

* Primary Listing of Lippo General Insurance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lippo General Insurance is good value based on assets compared to the ID Insurance industry average.
X
Value checks
We assess Lippo General Insurance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Lippo General Insurance has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LPGI Future Performance

 How is Lippo General Insurance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lippo General Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.2%
Expected Insurance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lippo General Insurance expected to grow at an attractive rate?
  • Unable to compare Lippo General Insurance's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lippo General Insurance's earnings growth to the Indonesia market average as no estimate data is available.
  • Unable to compare Lippo General Insurance's revenue growth to the Indonesia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
IDX:LPGI Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Insurance Industry Earnings Growth Rate Market Cap Weighted Average 6.2%
Asia Insurance Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Indonesia Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Indonesia Market Revenue Growth Rate Market Cap Weighted Average 9.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
IDX:LPGI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in IDR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
IDX:LPGI Past Financials Data
Date (Data in IDR Millions) Revenue Cash Flow Net Income *
2019-09-30 1,132,404 21,859 74,153
2019-06-30 1,124,094 114,253 70,332
2019-03-31 1,126,400 69,784 67,042
2018-12-31 1,110,454 85,777 68,687
2018-09-30 1,173,686 97,791 82,838
2018-06-30 1,156,908 154,188 70,575
2018-03-31 1,139,798 113,934 98,712
2017-12-31 1,095,619 128,680 91,874
2017-09-30 1,057,328 156,119 132,881
2017-06-30 1,032,779 94,466 153,416
2017-03-31 1,003,957 50,163 84,039
2016-12-31 982,978 -14,340 83,158

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lippo General Insurance is high growth as no earnings estimate data is available.
  • Unable to determine if Lippo General Insurance is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
IDX:LPGI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lippo General Insurance Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:LPGI Past Financials Data
Date (Data in IDR Millions) EPS *
2019-09-30 494.35
2019-06-30 468.88
2019-03-31 446.95
2018-12-31 457.91
2018-09-30 552.25
2018-06-30 470.50
2018-03-31 658.08
2017-12-31 612.50
2017-09-30 885.87
2017-06-30 1,022.77
2017-03-31 560.26
2016-12-31 554.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Lippo General Insurance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Lippo General Insurance is trading at Lippo General Insurance'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Lippo General Insurance's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Insurance companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Lippo General Insurance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lippo General Insurance has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LPGI Past Performance

  How has Lippo General Insurance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lippo General Insurance's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lippo General Insurance's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Lippo General Insurance's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Lippo General Insurance's 1-year earnings growth is negative, it can't be compared to the ID Insurance industry average.
Earnings and Revenue History
Lippo General Insurance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lippo General Insurance Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

IDX:LPGI Past Revenue, Cash Flow and Net Income Data
Date (Data in IDR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,132,403.65 74,152.82 166,223.18
2019-06-30 1,124,093.68 70,332.02 152,329.39
2019-03-31 1,126,400.09 67,041.82 139,174.74
2018-12-31 1,110,454.06 68,687.12 129,382.48
2018-09-30 1,173,685.89 82,837.97 131,753.53
2018-06-30 1,156,908.48 70,575.49 133,482.07
2018-03-31 1,139,798.05 98,711.66 134,096.73
2017-12-31 1,095,618.96 91,874.38 135,083.50
2017-09-30 1,057,327.60 132,880.55 134,237.10
2017-06-30 1,032,778.85 153,416.08 130,498.25
2017-03-31 1,003,957.45 84,039.49 128,969.82
2016-12-31 982,977.61 83,158.11 132,021.93
2016-09-30 947,504.06 28,859.00 153,607.32
2016-06-30 935,300.48 4,081.91 147,307.24
2016-03-31 930,037.56 63,803.02 134,702.07
2015-12-31 902,621.30 77,658.20 127,059.12
2015-09-30 895,732.47 115,757.68 92,789.78
2015-06-30 861,725.49 124,094.47 85,983.18
2015-03-31 847,671.37 142,038.34 80,637.59
2014-12-31 814,544.34 127,987.83 71,274.75
2014-09-30 724,990.37 87,626.29 74,171.81
2014-06-30 679,913.34 93,283.82 72,882.67
2014-03-31 641,591.24 81,627.96 71,011.30
2013-12-31 621,354.60 80,912.00 67,081.71
2013-09-30 554,552.79 52,757.66 57,105.44
2013-06-30 525,855.30 56,511.15 55,261.28
2013-03-31 466,442.05 43,363.62 58,562.92

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Lippo General Insurance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Lippo General Insurance used its assets more efficiently than the ID Insurance industry average last year based on Return on Assets.
  • Lippo General Insurance has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Lippo General Insurance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lippo General Insurance has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LPGI Health

 How is Lippo General Insurance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lippo General Insurance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lippo General Insurance's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Lippo General Insurance's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lippo General Insurance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Lippo General Insurance has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lippo General Insurance Company Filings, last reported 5 months ago.

IDX:LPGI Past Debt and Equity Data
Date (Data in IDR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 831,865.18 0.00 350,599.59
2019-06-30 828,641.66 0.00 346,152.03
2019-03-31 923,623.70 0.00 342,411.08
2018-12-31 879,819.49 0.00 1,004,867.04
2018-09-30 939,182.01 0.00 336,362.10
2018-06-30 936,623.46 0.00 330,165.09
2018-03-31 1,063,401.58 0.00 382,470.34
2017-12-31 1,071,538.32 0.00 1,169,776.01
2017-09-30 1,207,104.80 0.00 141,982.22
2017-06-30 1,169,404.86 0.00 86,085.31
2017-03-31 1,220,382.95 0.00 93,449.32
2016-12-31 1,186,059.89 0.00 1,164,308.22
2016-09-30 1,166,331.46 0.00 45,285.96
2016-06-30 1,203,282.25 0.00 22,672.02
2016-03-31 1,277,378.66 0.00 18,988.38
2015-12-31 1,275,724.56 0.00 1,006,320.59
2015-09-30 1,326,394.55 0.00 22,932.45
2015-06-30 1,450,718.45 0.00 28,332.29
2015-03-31 1,636,620.82 0.00 17,991.99
2014-12-31 1,322,693.51 0.00 1,035,606.55
2014-09-30 1,266,323.73 0.00 1,062,254.24
2014-06-30 1,262,372.98 0.00 19,732.36
2014-03-31 1,275,952.86 0.00 23,458.92
2013-12-31 1,089,955.69 0.00 923,340.72
2013-09-30 1,190,181.29 0.00 20,118.07
2013-06-30 1,533,803.24 0.00 23,014.93
2013-03-31 1,321,745.53 0.00 14,716.12
  • Lippo General Insurance has no debt.
  • Lippo General Insurance has not taken on any debt in the past 5 years.
  • Lippo General Insurance has no debt, it does not need to be covered by operating cash flow.
  • Lippo General Insurance has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Lippo General Insurance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lippo General Insurance has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LPGI Dividends

 What is Lippo General Insurance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.9%
Current annual income from Lippo General Insurance dividends.
If you bought IDR2,000 of Lippo General Insurance shares you are expected to receive IDR178 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Lippo General Insurance's pays a higher dividend yield than the bottom 25% of dividend payers in Indonesia (1.92%).
  • Lippo General Insurance's dividend is above the markets top 25% of dividend payers in Indonesia (8.14%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
IDX:LPGI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Indonesia Insurance Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 3%
Indonesia Market Average Dividend Yield Market Cap Weighted Average of 183 Stocks 4.2%
Indonesia Minimum Threshold Dividend Yield 10th Percentile 0.9%
Indonesia Bottom 25% Dividend Yield 25th Percentile 1.9%
Indonesia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

IDX:LPGI Past Annualized Dividends Data
Date (Data in IDR) Dividend per share (annual) Avg. Yield (%)
2019-07-30 325.000 9.158
2019-03-25 325.000 9.131
2018-11-23 245.000 6.778
2018-04-13 245.000 6.467
2017-10-31 170.000 3.528
2017-07-28 170.000 3.352
2017-03-31 170.000 3.007
2016-08-01 165.000 3.416
2016-04-22 165.000 3.671
2016-04-13 165.000 3.591
2015-08-03 180.000 3.704
2015-03-31 180.000 3.493
2014-08-04 167.000 3.378
2014-04-01 167.000 4.112
2013-07-31 90.000 2.897
2013-03-27 90.000 2.902
2013-02-28 87.000 2.677
2012-07-27 112.000 5.942
2012-04-30 112.000 7.798
2012-03-21 87.000 5.778
2011-03-28 112.000 6.816
2010-07-15 30.000 3.115
2010-03-31 20.000 3.423
2009-05-27 20.000 3.565

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Lippo General Insurance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Lippo General Insurance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lippo General Insurance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lippo General Insurance has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LPGI Management

 What is the CEO of Lippo General Insurance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Agus Benjamin
TENURE AS CEO 9 years
CEO Bio

Mr. Agus Benjamin has been the President Director of PT Lippo General Insurance Tbk since March 2011. Mr. Benjamin joined PT Lippo General Insurance in 2001 as General Manager. He previously assumed a number of positions such as Business Development Division Head, Marketing Division Head, and Technical/ Operation Division Head. In 2004, he was promoted to Senior Vice President position before appointed as Associate Director and Chief Commercial Officer in 2008. He started his career at PT Gajah Tunggal Prakarsa, Tbk in 1996 with his last position being Marketing Manager. His career in insurance industry started in 1998 when he joined PT Asuransi Jiwa Sinar Mas, where he rose to Regional Manager position for Jakarta and Sumatera. He later joined PT Asuransi Sinar Mas and stayed with it until 2001 as Assistant General Manager. He served as a Commissioner of PT Siloam International Hospitals Tbk since 2013. He holds a number of professional licenses including Qualified Insurance Practitioner (QIP), Associate in Indonesian Life Insurance Expert (AAAIJ) and Fellow in Indonesian General Insurance Expert (AAIK). He is a graduate of Department of Mining Engineering of Bandung Institute of Technology with a Bachelor degree in Engineering (1994), Open University with a Bachelor degree in Economics (1995), and Prasetiya Mulya Business School with Master in Management (1995, cum laude).

CEO Compensation
  • Insufficient data for Agus to compare compensation growth.
  • Insufficient data for Agus to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Lippo General Insurance management team in years:

7.2
Average Tenure
  • The average tenure for the Lippo General Insurance management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Agus Benjamin

TITLE
President Director
TENURE
9 yrs

Karnadi Nawawi

TITLE
Member of Audit Committee

Johannes Agus

TITLE
CFO, Corporate Secretary & Director
TENURE
7.2 yrs

Gilbert Naibaho

TITLE
Senior VP of Operations & Director
TENURE
6.8 yrs

Yuita Kusumawaty

TITLE
Deputy Department Head of Accounting

Satini Kartikasari

TITLE
Department Head of Legal & Corporate Secretary

Heru Putra H

TITLE
Head of Marketing Development

Susanti Halim

TITLE
Department Head of Human Resources

Jessy Hutagalung

TITLE
Senior Vice President of Brokers & Branch Coordinator

Iwan Surya

TITLE
Department Head of General Services
Board of Directors Tenure

Average tenure of the Lippo General Insurance board of directors in years:

5.5
Average Tenure
  • The tenure for the Lippo General Insurance board of directors is about average.
Board of Directors

Agus Benjamin

TITLE
President Director
TENURE
9 yrs

Johannes Agus

TITLE
CFO, Corporate Secretary & Director
TENURE
5.2 yrs

Gilbert Naibaho

TITLE
Senior VP of Operations & Director

Frans Lamury

TITLE
Independent Commissioner

Benny Djie

TITLE
President Commissioner
AGE
59
TENURE
5.9 yrs

Jessy Quantero

TITLE
Independent Commissioner
AGE
64
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (IDR) Value (IDR)
X
Management checks
We assess Lippo General Insurance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lippo General Insurance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LPGI News

Simply Wall St News

LPGI Company Info

Description

PT Lippo General Insurance Tbk offers various insurance products in Indonesia. The company offers fire, motor vehicle, marine cargo, health, life and death, and other insurance products. It operates through branches and marketing offices located in Karawaci, Medan, Surabaya, Palembang, Bandung, Semarang, Solo, Pekanbaru, Cikarang, Makassar, Jakarta Kota, Balikpapan, and Bali. The company was formerly known as PT Asuransi Marga Pusaka and changed its name to PT Lippo General Insurance Tbk in July 1991. PT Lippo General Insurance Tbk was founded in 1963 and is headquartered in Jakarta Selatan, Indonesia.

Details
Name: PT Lippo General Insurance Tbk
LPGI
Exchange: IDX
Founded: 1963
IDR547,500,000,000
150,000,000
Website: http://www.lippoinsurance.com
Address: PT Lippo General Insurance Tbk
Lippo Kuningan Building,
27th Floor,
Jakarta Selatan,
Jakarta Raya, 12940,
Indonesia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
IDX LPGI Ordinary Shares Indonesia Stock Exchange ID IDR 29. Jul 1997
Number of employees
Current staff
Staff numbers
0
Lippo General Insurance employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 15:14
End of day share price update: 2020/03/05 00:00
Last earnings filing: 2019/10/31
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.