Risk factor
Very high price volatility
Profitability factor
Strong growth
About
PT Asuransi Bina Dana Arta Tbk operates as a prominent non-life insurer across Indonesia. The company underwrites a comprehensive array of coverage options, encompassing policies for motor vehicles, protection against fire, personal accident and health benefits, transportation risks, various liability claims, engineering projects, marine cargo, heavy equipment, residential properties, general property assets, and travel, among other specialized insurance solutions. Furthermore, it extends its operations into the automotive repair and workshop business. Founded in 1982, the company maintains its primary corporate offices in Jakarta, Indonesia. PT Asuransi Bina Dana Arta Tbk is a constituent entity of Mapfre Internacional SA.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV