Added to YB: 2026-06-10
Pitch date: 2026-04-12
PUK [bullish]
Prudential plc
-16.73%
current return
Author Info
No bio for this author
Company Info
Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.
Market Cap
GBP 32.0B
Pitch Price
GBP 30.00
Price Target
15.00 (-40%)
Dividend
2.08%
EV/EBITDA
5.10
P/E
8.31
EV/Sales
2.45
Sector
Insurance
Category
value
Prudential plc - $PUK
PUK: Pure-play Asian/African life insurer at 1.0x P/EV—franchise valued at ~zero vs AIA's 6x NBP. Variances swinging from -$275m to +$200m+ by 2027 as $1bn capability program ends; OFSG to >$4.4bn. ~5% yield (divs+buybacks) growing to 6%+. Target 1,500p, ~22% annualized over 24mo. Risks: agency shrinkage (57k vs 66k), HK share loss, ASEAN tariffs; bear case -25%.
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