Sompo Holdings, Inc. SMPNY

FinancialsInsuranceJapan

Last close 21.88 USD on Nov 1, 2026, +33.8% year to date

Quant rating

Quant rating A+ Rank 1 of 304 in Financials

Growth B 122 of 304
Valuation A 24 of 304
Quality B 73 of 304
Revisions B 197 of 304
Momentum A 13 of 304

Wall Street consensus Buy (2.33)Average target 45.95 USD +110.0%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 42.0B
Enterprise value: 41.3B
52-week range: 14.41 – 23.44
3-year range: 7.00 – 23.44
Dividend yield: 2.11%
Beta (5 years): 0.33
Shares outstanding: 934M
Next earnings: Nov 19, 2026

About the company

Sompo Holdings Inc is a Japan-based company mainly engaged in the non-life insurance business, life insurance business, and other businesses. The Company operates through four business segments. The Domestic Non-Life Insurance Business segment is mainly engaged in non-life insurance underwriting, asset management, and related businesses in Japan. The Overseas Insurance Business segment is mainly engaged in insurance underwriting and asset management businesses in the United States, the United Kingdom, Turkey, Singapore, Malaysia, Indonesia, China, Brazil, India, and other regions. The Domestic Life Insurance Business segment is mainly engaged in life insurance underwriting and asset management businesses in Japan. The Nursing Care and Healthcare Business segment is mainly engaged in the provision of nursing care service and nursing care-related services. The Company is also engaged in asset management business, risk management business, defined contribution pension business and others.

Growth and profitability fiscal year ends March 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	31,806	31,379	30,659	32,015	31,219	–
Revenue growth	1.4%	2.3%	−4.2%	2.6%	−2.2%	−0.1%
EPS (basic, normalized)	4.41	3.02	2.69	0.65	1.68	–
EPS growth	46.1%	12.4%	310.9%	−61.1%	–	–
Gross margin	–	–	–	–	–	–
Net margin	7.6%	0.5%	6.4%	0.6%	5.5%	4.1%
ROE	13.7%	14.8%	32.8%	4.7%	11.1%	15.4%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	5,878
Net debt (mil)	–
Total equity (mil)	32,609
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2026 actual	31,806	+1.4%	1.3x	36.45	+52.8%	0.6x	4.41	+46.1%	5.0x
2027	39,159	+23.1%	1.1x	36.97	+1.4%	0.6x	3.81	−13.7%	5.8x
2028	42,730	+9.1%	1.0x	39.48	+6.8%	0.6x	4.15	+9.0%	5.3x
2029	44,805	+4.9%	0.9x	42.15	+6.7%	0.5x	4.51	+8.7%	4.9x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	39,159	+0.6%	+2.5%	+8.4%	3.81	−1.3%	−0.2%	+1.8%
2028	42,730	−0.3%	+1.2%	+9.7%	4.15	−0.9%	+0.1%	+0.3%
2029	44,805	−0.6%	+1.0%	+9.5%	4.51	−1.2%	+0.3%	+13.4%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	1,051,577	1,479,809	1,443,677	1,151,428	1,254,565	79,679	332,949	235,487	1,322,991	1,670,659
Sales mean (mil)	–	–	–	1,400,000	1,247,050	–	–	–	–	–
Surprise	–	–	–	−17.8%	+0.6%	–	–	–	–	–
EPS reported	94.18	121.53	145.66	124.10	43.31	127.41	263.51	174.17	135.71	203.14
EPS mean	–	–	–	–	–	–	–	169.26	196.84	130.91
Surprise	–	–	–	–	–	–	–	+2.9%	−31.1%	+55.2%

Peer comparison Insurance

Peers in the same industry group, by market capitalization
Company	Market cap	ROE	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
SMPNY Sompo Holdings, Inc.	42.0B	13.7%	7.6%	1.19x	5.8x	5.3x	0.6x	0.6x
AIG American International Group, Inc.	42.8B	9.7%	11.6%	1.06x	10.1x	9.3x	1.0x	1.0x
JPPHY Japan Post Holdings Co Ltd	42.6B	4.0%	3.3%	0.66x	13.5x	9.8x	0.6x	0.6x
DLICY Daiichi Life Group, Inc.	41.4B	11.1%	4.2%	1.42x	24.0x	22.5x	3.0x	3.0x
PFH Prudential Financial Inc	40.2B	14.9%	6.3%	1.27x	1.1x	1.1x	0.1x	0.1x
PRH Prudential Financial Inc	40.2B	14.9%	6.3%	1.27x	1.5x	1.5x	0.2x	0.2x
Mean		11.4%	6.5%	1.15x	9.3x	8.2x	0.9x	0.9x
Median		12.4%	6.3%	1.23x	7.9x	7.3x	0.6x	0.6x

Technical analysis

1M+2.6%
3M+0.5%
1Y+49.2%
3Y+257.6%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Sompo Holdings, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Premiums earned	31,806	31,379	30,659	32,015	31,219	31,932
Other revenue	2,173	798	2,124	644	2,683	2,323
Total revenue	33,980	32,178	32,784	32,659	33,901	34,255
Losses, benefits and adjustments	28,100	29,351	28,336	26,480	25,476	26,225
Amortization of policy acquisition costs	–	–	–	–	–	–
Selling, general & administrative expenses	894	609	655	4,544	4,705	4,872
Interest expense (income), operating	116	84.5	74.4	120	123	124
Other operating expenses	997	1,402	1,072	1,185	1,066	1,339
Operating income	3,873	731	2,647	330	2,531	1,696
Net interest income (expense)	–	–	–	–	–	–
Gain (loss) on sale of assets	–	–	–	49.6	79.7	64.8
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	3,873	731	2,647	379	2,611	1,761
Provision for taxes	1,262	567	547	167	748	470
Minority interest	−18.1	−13.9	−13.8	−13.1	−14.5	−3.7
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	2,593	150	2,086	199	1,848	1,287
Extraordinary items	–	–	–	–	–	–
Net income	2,593	150	2,086	199	1,848	1,287
Basic weighted average shares (mil)	913	969	991	1,010	1,047	1,076
Diluted weighted average shares (mil)	913	969	991	1,011	1,048	1,076
Basic EPS, normalized	4.41	3.02	2.69	0.65	1.68	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Sompo Holdings, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Total receivables	776	1,048	847	–	–	–
Prepaid expenses	1,010	952	749	–	–	–
Property, plant & equipment	4,074	4,133	4,084	2,718	2,905	3,272
Goodwill	1,443	1,267	1,264	1,489	1,241	1,477
Intangibles	2,331	2,307	2,387	2,601	2,279	2,337
Insurance receivables	2,034	1,977	2,024	−22.6	−71.1	−74.0
Long-term investments	82,755	77,598	79,864	78,200	83,612	88,144
Note receivable	–	–	–	–	–	–
Other long-term assets	761	551	552	843	433	311
Deferred policy acquisition costs	–	–	–	–	–	–
Other assets	14,884	9,284	8,969	5,327	13,307	13,383
Total assets	117,218	105,969	108,783	100,544	113,331	118,506
Liabilities
Accounts payable	–	–	–	–	–	–
Payable/accrued	–	–	–	–	–	–
Accrued expenses	–	–	–	324	350	285
Policy liabilities	68,593	63,623	67,707	76,527	81,672	84,269
Short-term debt	2.4	1.9	4.1	1.4	0.4	0.5
Current portion of long-term debt	–	–	–	91.6	483	358
Long-term debt	6,927	6,839	6,759	5,148	4,723	5,566
Minority interest	776	140	129	119	100	111
Other liabilities	8,358	7,321	7,037	4,000	9,327	9,679
Total liabilities	84,657	77,925	81,636	86,211	96,657	100,269
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	630	667	661	753	822	904
Additional paid-in capital	−1,181	218	219	1,014	1,109	2,205
Retained earnings (accumulated deficit)	27,373	23,482	20,625	7,245	8,454	7,918
Treasury stock	−1,247	−1,257	−27.3	−619	−205	−666
Other equity	6,986	4,933	5,669	5,939	6,493	7,877
Total equity	32,561	28,044	27,147	14,333	16,674	18,237
Total liabilities & shareholders' equity	117,218	105,969	108,783	100,544	113,331	118,506

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Sompo Holdings, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	5,313	2,203	4,061	379	2,611	1,761
Depreciation, depletion & amortization	676	689	608	617	661	621
Deferred taxes	–	–	–	–	–	–
Non-cash items	172	308	221	−1,339	−1,778	−1,653
Changes in working capital	−1,710	622	−699	3,221	3,490	4,930
Cash from operations	4,451	3,821	4,192	2,877	4,985	5,658
Investing activities
Capital expenditures	−378	−385	−609	−182	−177	−222
Other investing cash flows	−1,090	−1,430	−3,621	−1,752	−2,688	−3,026
Cash from investing	−1,468	−1,816	−4,230	−1,933	−2,865	−3,248
Financing activities
Financing cash flow items	−263	−1,289	−408	59.7	−86.6	263
Cash dividends paid	−882	−692	−613	−600	−564	−506
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−1,456	−1,231	277	−155	−747	−611
Cash from financing	−2,600	−3,212	−744	−696	−1,398	−854
Foreign exchange effects	293	−54.8	377	232	14.3	−202
Net change in cash	677	−1,261	−405	480	736	1,355
Free cash flow	4,073	3,436	3,583	2,695	4,808	5,437

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.