Obermatt

Tokio Marine

TYO:8766 · JP3910660004
InsuranceLarge

360

25
EV / EBIT75
Price / Owner Earnings31
Owner Earnings Yield37
Dividend Yield75
Price/Sales71
EV / Gross Profit80
Price/Book31
Returns on capital85
Profit margins83
Cash Conversion14
Accruals84
Owner Earnings Margin72
Sales growth11
Profit Growth28
Long-Term EPS Growth10
Reinvestment88
Price momentum57
Debt load89
Debt serviceability4
Liquidity97
Analyst ratings65
Opinion Changes81
Price Target Upside58
Market mood91
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Tokio Marine clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryInsurance
SizeLarge
TypePublic Company
ExchangeTSE
Founded2002
Employees456
ISINJP3910660004
Last UpdateApr 2, 2026
Themes
FinanceFinancial ServicesInsurance

Description

Tokio Marine Holdings, Inc. operates as an insurance holding company. The company’s segments include Property and Casualty, Life, and Other. Property and Casualty segment: The company engages in underwriting property and casualty insurance, and rela…

Analysis

Middle-of-the-road

Tokio Marine Holdings, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -2% a year, against analyst forecasts of -2%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is stretched. The company scores 13/20 on our value-creation score: creating some value. Analysts lean positive.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
91
2023202420252026

All-time high

100

Mar 2026

All-time low

51

Jan 2023

Average rank

68

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
71
73
72
69
Price/Earnings
64
69
38
28
Price/Book
31
22
24
39
Dividend Yield
75
24
28
34
Value (overall)
72
25
27
21

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →