1. Malaysia Stocks

  2. •

    Financial Services

  3. •

    Insurance - Property & Casualty
LPI Capital Bhd

LPI Capital Bhd

8621.KL
LPI Capital BhdMY flagMalaysian Stock Exchange
14.98
MYR
-0.02
- -
5.97BMarket Cap
LPI Capital Bhd
8621.KL
(Malaysian Stock Exchange)

Recent

price

14.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.5
1.67
1.84
1.97
2.23
2.45
2.83
2.68
2.85
3.08
3.08
2.98
3.08
3.19
3.97
4.53
3.68
Revenue per Share
0.35
0.39
0.42
0.51
0.71
0.81
1.1
0.79
0.79
0.81
0.85
0.87
0.63
0.79
0.95
0.92
0.95
Basic EPS, GAAP
0.96
-0.05
0.39
0.88
0.84
0.86
-0.94
0.59
0.95
0.12
0.64
0.58
2.31
-0.44
0.32
1.17
1.11
Free Cash Flow per Basic Share
0.18
0.39
0.36
0.38
0.4
0.47
0.62
0.68
0.63
0.69
0.71
0.73
0.7
0.61
0.7
0.8
0.8
Dividend per Share
0.57
0.56
1.19
1.32
1.66
2.26
2.74
2.86
3.02
3.14
3.27
3.41
3.4
3.64
3.89
4.01
3.85
Book Value per Share
2.98
2.98
3.46
4.05
4.16
4.36
4.61
4.82
5.41
4.92
5.19
5.35
5.53
5.72
6.07
6.16
5.88
Tangible Book Value per Share
389
397
397
397
397
398
398
398
398
398
398
398
398
398
398
398
398
Basic Weighted Avg Shares
583
663
729
782
885
975
1,126
1,070
1,137
1,228
1,226
1,187
1,226
1,271
1,582
1,805
1,467
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
3
3
3
4
5
4
4
3
3
12
13
13
14
13
11
11
11
Depreciation Expense
138
154
167
201
283
321
437
314
314
322
337
345
252
314
377
368
379
Net Income, GAAP
23.94
22.77
22.01
21.56
17.23
18.34
15.74
22.28
22.64
22.27
22.34
21.18
26.19
20.56
20.47
19.56
20.18
Effective Tax Rate (%)
23.66
23.31
22.9
25.76
31.97
32.93
38.84
29.34
27.62
26.25
27.46
29.03
20.57
24.69
23.84
20.38
25.83
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
53
40
- -
- -
- -
- -
- -
1
- -
42
37
43
39
34
29
28
39
LT Debt
1,160
1,182
1,373
1,607
1,653
1,739
1,837
1,921
2,157
1,972
2,075
2,141
2,209
2,284
2,422
2,458
2,345
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
57.59
58.29
43.84
38.1
45.4
40.27
43.89
28.15
26.82
25.87
25.56
25.1
18.02
21.75
24.56
22.9
24.65
Return on Capital (%)
76.61
69.8
48.07
40.37
47.83
41.13
43.89
28.16
26.83
26.28
26.36
25.89
18.58
22.35
25.12
23.36
25.23
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
7
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
29
35
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
398
398
398
Market Capitalization
5,004
5,737
5,856

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,159
1,160
1,268
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
7
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.64%
3.45%
1.47%
Free Cash Flow
29.55%
53.03%
268.65%
Net Income, GAAP
3.28%
3.53%
-2.47%
Sales/Revenue/Turnover
6.7%
8.46%
14.08%
Total Cash Common Dividend
6.11%
2.98%
14.29%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
362
341
376
352
1,582
2025
373
366
367
- -
1,805
2026
385
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.2
0.31
0.19
0.95
2025
0.25
0.21
0.18
- -
0.92
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
- -
0.3
- -
0.7
2025
0.5
- -
- -
- -
0.8
2026
0.5
- -
- -
- -
- -
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Business
LPI Capital Bhd, founded in 1962 and headquartered in Kuala Lumpur, Malaysia, is an investment holding company specializing in the underwriting of general insurance products for personal and business needs primarily in Malaysia, with operations extending to Singapore and Cambodia. The company offers a comprehensive suite of insurance solutions including personal insurance products such as motor, travel, personal accident, health, and home insurance; and business insurance covering motor, property, miscellaneous, marine, trade credit, liability, engineering and machinery, employee benefits, foreign workers, bond products, pecuniary, project, fire, and aviation insurance. Its operations are carried out mainly through its subsidiary Lonpac Insurance Bhd. In recent developments, LPI Capital has focused on tightening its underwriting practices in response to mounting challenges in the general insurance sector, notably increased losses from motor, medical, and catastrophe-related claims, with particular attention to weather events such as flooding in Malaysia. The company reported a 7.3% year-on-year decline in net profit to RM114.8 million for the third quarter ended September 2025, despite a 9.9% growth in revenue to RM549.3 million, reflecting the impact of a smaller insurance service result. Additionally, LPI Capital recently unveiled a new corporate logo as part of its brand evolution in 2025. Public Bank Berhad's acquisition of a controlling stake in LPI is a significant strategic move, expected to provide operational synergies and influence over the group's future direction. LPI Capital operates within the non-life insurance industry segment and serves a broad customer base ranging from individual policyholders to large industrial clients. The company is recognized for maintaining profitability and a dividend yield attractive to investors, reporting RM1.93 billion in revenue and net income of RM377.09 million for the fiscal year ended 2025. The company manages risk exposure with advanced underwriting models and continues to adjust strategic and operational initiatives to sustain growth amid changing market and environmental conditions. LPI Capital’s insurance products span diverse segments, positioning it as a leading general insurer in Malaysia with a strong regional presence. The company’s longstanding history, diversified product portfolio, and recent strategic partnership highlight its commitment to maintaining market leadership and responding proactively to evolving industry challenges.