Great Eastern Intrinsic Stock Value – Uncovering The Value: Why Great Eastern Holdings Limited’s Price is Undemanding

January 2, 2024

Categories: Insurance - LifeTags: , , Views: 78

☀️Trending News

Great Eastern ($SGX:G07) Holdings Limited (Great Eastern) is a premier financial services group in Asia, offering a wide range of life and health insurance products, as well as asset management solutions. The company’s stock is listed on the Singapore Exchange (SGX). The low price of Great Eastern’s stock is justified for several reasons. Firstly, the company’s performance has been relatively weak in recent years, as evidenced by its declining operating profit margins. Secondly, the firm’s financial position is exposed to potential volatility from currency movements due to its large exposure to foreign currencies. Thirdly, Great Eastern is facing increasing competition from new entrants in the insurance and financial services space. Despite these challenges, Great Eastern remains an attractive investment opportunity due to its strong competitive advantages. Specifically, the company boasts a diversified suite of products and services, a well-established distribution network, and a reputation for providing quality customer service.

Additionally, the firm has an experienced management team and a sound capital position, which provide assurance to investors. Therefore, investors looking to benefit from a compelling long-term value proposition should consider investing in Great Eastern. Despite the company’s current low stock price, it is still a solid investment choice with a great potential for growth and returns.

Market Price

Great Eastern Holdings Limited (GREAT EASTERN) has seen an increase in its stock price on Thursday. The stock opened at SG$17.4 and closed at SG$17.6, marking a 1.1% increase from its last closing price of SG$17.4. This would suggest that the stock is undervalued, as investors are beginning to recognize the potential of the stock. This could be attributed to the company’s strong fundamentals that it has built over the years, including its excellent track record of financial performance and its effective corporate governance. Great Eastern also offers a broad range of life and health insurance products, as well as general insurance products, providing customers with a wide range of protection plans and investment products.

Furthermore, Great Eastern is well-positioned to capitalize on Asia’s growing demand for insurance services, as the region’s population continues to increase. The company has also shown commitment to digital adoption, which should help it improve customer engagement and build a competitive advantage. In light of these factors, it is clear that Great Eastern is an attractive value investment for both long and short-term investors. For those looking for a reliable and undervalued stock, GREAT EASTERN is certainly worth exploring. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Great Eastern. More…

    Total Revenues Net Income Net Margin
    20.88k 997.3 4.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Great Eastern. More…

    Operations Investing Financing
    -1.94k -3.62k -323.4
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Great Eastern. More…

    Total Assets Total Liabilities Book Value Per Share
    107.33k 99.95k 15.37
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Great Eastern are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    7.7% 5.9%
    FCF Margin ROE ROA
    -9.7% 9.2% 0.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Great Eastern Intrinsic Stock Value

    At GoodWhale, we recently conducted an analysis of GREAT EASTERN‘s wellbeing and found that the fair value of GREAT EASTERN shares is around SG$23.1. This figure was calculated using our proprietary Valuation Line. Currently, GREAT EASTERN stock is being traded at SG$17.6, which reflects an undervaluation of 23.9%. We believe buying at this level gives investors an opportunity to purchase stocks at a discount and potentially benefit from future gains. More…

  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    The company offers a range of life insurance products and services in Singapore, Malaysia, Indonesia, China, and Hong Kong. Great Eastern Holdings Ltd is a subsidiary of OCBC Bank. Mercuries Life Insurance Co Ltd is a life insurance company headquartered in Taiwan. The company offers a range of life insurance products and services in Taiwan, China, Hong Kong, and Macau. Genworth Financial Inc is a life insurance company headquartered in the United States. The company offers a range of life insurance products and services in the United States, Canada, Australia, New Zealand, and the United Kingdom. CIG Pannonia Life Insurance OJSC is a life insurance company headquartered in Hungary. The company offers a range of life insurance products and services in Hungary, Romania, Slovakia, and the Czech Republic.

    – Mercuries Life Insurance Co Ltd ($TWSE:2867)

    Mercuries Life Insurance Co Ltd has a market cap of 17.2B as of 2022. The company has a Return on Equity of -13.78%. Mercuries Life Insurance Co Ltd is a life insurance company. The company offers a range of life insurance products, including term life, whole life, and universal life insurance.

    – Genworth Financial Inc ($NYSE:GNW)

    Genworth Financial Inc is a holding company, which engages in the provision of insurance, investment, and mortgage solutions. It operates through the following segments: Insurance, Mortgage Insurance, Long-Term Care Insurance, and Corporate and Run-Off. The Insurance segment provides protection products, including life insurance, fixed annuities, and long-term care insurance. The Mortgage Insurance segment offers credit enhancement products primarily for the mortgage industry. The Long-Term Care Insurance segment provides policyholders with the flexibility to receive benefits in various ways to help them meet their long-term care needs. The Corporate and Run-Off segment includes results from corporate operations and other insurance businesses that are no longer actively marketed. The company was founded in 1871 and is headquartered in Richmond, VA.

    – CIG Pannonia Life Insurance OJSC ($LTS:0P2E)

    CIG Pannonia Life Insurance OJSC is a leading provider of life insurance products and services in Central and Eastern Europe. The company has a strong market presence in Hungary, Romania, and Bulgaria, and offers a wide range of life insurance products, including whole life, term life, and universal life insurance. CIG Pannonia Life Insurance OJSC has a market capitalization of 12.54 billion as of 2022 and a return on equity of 11.51%. The company is headquartered in Budapest, Hungary.

    Summary

    Great Eastern Holdings Limited (GEHL) is an insurance and financial services provider headquartered in Singapore. It is the largest life insurer in Singapore and is a subsidiary of OCBC Bank. GEHL has a strong presence in the Asian markets, with offices in Malaysia, Indonesia, and China, among other countries. Investors are attracted to GEHL because of its low valuation, which is attractive to value investors. The company’s fundamentals are also strong, with solid revenue growth and consistent earnings. The return on equity is also high compared to the industry average.

    In addition, the company also has a strong balance sheet with low debt-to-equity ratio. Overall, GEHL is an attractive investment for those looking to buy stocks that are undervalued.

    Recent Posts

    Leave a Comment