Tokio Marine Holdings (TKOMY) AI Stock Analysis

• Market Cap: $79.49B
• Dividend Yield: 3.26%
• Average Volume (3M): 27.79K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.69
• Revenue Growth: -1.18%
• EPS Growth: -7.48%
• Country: US
• Employees: 43,870
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 0.73
• Shares Outstanding: 1,934,000,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 27,789
• PEG Ratio: 0.20
• Price to Book (P/B): 2.23
• Price to Sales (P/S): 1.50
• P/FCF Ratio: 8.60
• Enterprise Value/Market Cap: 146.34
• Enterprise Value/Revenue: 1.41
• Enterprise Value/Gross Profit: 1.41
• Enterprise Value/Ebitda: 2.94K
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: $45.00 ▲(26.72% Upside)
• Action: Downgraded Date: 11/05/25
• Date: Action: Downgraded 11/05/25

Tokio Marine Holdings' strong financial performance and attractive valuation are significant strengths, contributing positively to the overall score. However, the current bearish technical indicators suggest potential short-term challenges, impacting the overall stock score.

Positive Factors

Low Leverage

Extremely low leverage gives Tokio Marine durable financial resilience: it supports regulatory capital requirements, allows disciplined underwriting after large loss events, and preserves capacity for acquisitions or reinvestment without stressing cash flows or ratings over the next several months.

Strong Cash Generation

Robust free cash flow growth and efficient cash conversion provide lasting financial flexibility: they fund claims, dividends, and strategic investments, reduce refinancing risk, and enable capital allocation choices that sustain underwriting capacity and shareholder returns through cycles.

Improving Profitability

High and improving operating and net margins, alongside recent top-line growth, indicate durable underwriting discipline and cost control. These margin levels support strong ROE and provide buffer to absorb claim volatility while enabling reinvestment in distribution and risk management.

Negative Factors

Asset Utilization

Suboptimal asset utilization suggests some capital is not earning maximal returns. Over months, this can limit ROE expansion and reduce funds available for growth initiatives unless investment allocation or portfolio efficiency is improved to better convert assets into underwriting or investment income.

Revenue Concentration

Heavy reliance on insurance premiums concentrates revenue on underwriting and investment income. Structural exposure to underwriting cycles, pricing pressure, and catastrophic losses can persistently pressure earnings variability unless diversified product or fee-based streams are meaningfully expanded.

Modest EPS Growth

Low recent EPS growth signals limited near-term earnings momentum from core operations. Over a multi-month horizon this may constrain internal capital for strategic initiatives and make operational improvements or new growth avenues necessary to lift sustainable per-share earnings growth.

Tokio Marine Holdings Business Overview & Revenue Model

Company Description

Tokio Marine Holdings, Inc. engages in non-life and life insurance, and financial and general businesses worldwide. It operates through four segments: Domestic Non-Life Insurance, Domestic Life Insurance, International Insurance, and Financial and Other. The company offers fire and allied lines, hull and cargo, health, personal accident, automobile, and other insurance products, as well as asset management services. It also provides investment advisory, investment trust, staffing, facility management, and nursing care services. The company was formerly known as Millea Holdings, Inc. and changed its name to Tokio Marine Holdings, Inc. in 2008. Tokio Marine Holdings, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Tokio Marine generates revenue primarily through its insurance premiums, which are collected from policyholders for various insurance products. The company earns significant income from premium collections in its property and casualty insurance segments. In addition to premiums, Tokio Marine also generates revenue through investment income from the premiums it collects, which are invested in various financial instruments. Furthermore, Tokio Marine's life insurance segment contributes to its revenue through premium payments for life policies and annuities. The company has established partnerships and alliances with other financial institutions and businesses, enhancing its distribution channels and expanding its market reach. Moreover, Tokio Marine benefits from its diverse geographical footprint, allowing it to tap into different markets and mitigate risks associated with economic fluctuations in specific regions.

Tokio Marine Holdings Financial Statement Overview

Summary

Tokio Marine Holdings demonstrates strong financial performance with consistent revenue growth, improved net profit margins, and robust operational efficiency. The balance sheet is solid with low leverage, and cash flow is healthy, indicating excellent financial health.

Income Statement

Tokio Marine Holdings has demonstrated a strong and consistent revenue growth trajectory over the past five years, with a notable 7.12% increase in the most recent year. The company's net profit margin has improved significantly, reaching 13.91%, indicating effective cost management and profitability. The EBIT and EBITDA margins are robust at 19.47% and 22.61%, respectively, showcasing operational efficiency. While the company is excelling in profitability, continued focus on diversifying revenue streams could further enhance stability.

Balance Sheet

The balance sheet of Tokio Marine Holdings reflects a solid financial structure with a low debt-to-equity ratio of 0.045, indicating conservative leverage use. The equity ratio stands at 16.25%, suggesting a strong equity base relative to total assets. Return on equity has been impressive at 20.79%, driven by strong net income performance. However, there is room for improvement in further optimizing asset utilization to enhance returns.

Cash Flow

Tokio Marine Holdings shows a healthy cash flow position with consistent growth in free cash flow, demonstrating strong cash generation capabilities. The free cash flow growth rate of 25.42% over the past year is a positive indicator of financial flexibility. Additionally, the operating cash flow to net income ratio of 1.27 signifies efficient cash conversion. The company should continue to focus on efficient capital allocation to maintain and enhance its cash flow stability.

Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	8.26T	7.58T	7.08T	6.31T	5.75T	5.32T
Gross Profit	8.26T	6.57T	6.13T	5.46T	5.00T	4.63T
EBITDA	3.95B	1.71T	1.06T	726.82B	724.58B	397.33B
Net Income	1.32T	1.06T	695.81B	374.61B	420.48B	161.80B
Balance Sheet
Total Assets	30.56T	31.24T	30.59T	27.70T	27.25T	25.77T
Cash, Cash Equivalents and Short-Term Investments	0.00	1.07T	896.90B	871.99B	848.82B	812.01B
Total Debt	225.76B	227.25B	224.40B	222.81B	219.79B	230.60B
Total Liabilities	25.64T	26.13T	25.41T	24.04T	23.17T	22.04T
Stockholders Equity	4.94T	5.08T	5.18T	3.63T	4.02T	3.67T
Cash Flow
Free Cash Flow	0.00	1.32T	1.05T	982.71B	1.07T	1.15T
Operating Cash Flow	0.00	1.35T	1.07T	1.01T	1.10T	1.18T
Investing Cash Flow	0.00	164.62B	-627.65B	18.19B	-665.44B	-731.01B
Financing Cash Flow	0.00	-1.19T	-406.20B	-1.01T	-504.63B	-512.97B

Tokio Marine Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TKOMY, the sentiment is Positive. The current price of 35.51 is below the 20-day moving average (MA) of 38.95, below the 50-day MA of 37.99, and below the 200-day MA of 40.01, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 69.54 is Neutral, neither overbought nor oversold. The STOCH value of 92.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TKOMY.

Tokio Marine Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CB	80 Outperform	$129.59B	12.82	14.97%	1.22%	6.68%	-1.78%
ALL	80 Outperform	$54.80B	5.50	39.51%	1.91%	7.07%	100.42%
PGR	76 Outperform	$119.20B	10.57	―	2.20%	18.35%	32.36%
TRV	76 Outperform	$64.54B	10.88	20.70%	1.49%	6.75%	30.83%
WRB	71 Outperform	$26.91B	15.91	19.67%	1.88%	11.08%	22.01%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
TKOMY	67 Neutral	$79.49B	11.27	19.96%	3.26%	-1.18%	-7.48%