<div id="readability-page-1"><div><h2>What recent performance data suggests about AIA Group (SEHK:1299)</h2> <p>AIA Group (SEHK:1299) has drawn investor attention after a 1 day return of 2.55%, alongside a 1 year total return of 53.15% and a 3 year total return of 6.65%.</p> <p>See our latest analysis for AIA Group.</p> <p>That 2.55% 1 day share price return sits against a 7 day share price decline of 4.63% and a 90 day share price gain of 4.84%. The 1 year total shareholder return of 53.15% contrasts with a 5 year total shareholder return decline of 8.74%, suggesting momentum has been stronger recently than over the longer term.</p> <p>If this kind of rebound catches your interest, it might be a good moment to broaden your search and check out 103 top founder-led companies as another source of ideas.</p> <p>So with AIA Group trading at HK$82.35, sitting at a 21.67% discount to the HK$100.20 analyst price target and a 35.50% intrinsic discount, is there still a clear opportunity here or is the market already pricing in future growth?</p> <h2>Most Popular Narrative: 17.5% Undervalued</h2> <p>On the most followed narrative, AIA Group's fair value of HK$99.80 sits comfortably above the last close at HK$82.35, putting the current discount in clear view and framing how much optimism is baked into the long term earnings story.</p> <blockquote> <p><em>The company's focus on high value protection and low guarantee fee based products (now nearly 90% of new business) has resulted in resilient, predictable cash flows and strong margins, supporting sustainable earnings and embedded value growth. This positions AIA defensively against interest rate volatility and market cycles, underpinning profitability.</em></p> </blockquote> <p>Read the complete narrative.</p> <p>Want to see what is driving that valuation gap? The narrative leans heavily on higher margins, steadier cash generation and a richer future earnings multiple. Curious which specific assumptions pull the fair value up to HK$99.80?</p> <p><strong>Result: Fair Value of HK$99.80 (UNDERVALUED)</strong></p> <p>Have a read of the narrative in full and understand what's behind the forecasts.</p> <p>However, this depends on robust growth in key Asian markets and stable regulation. A weaker economy or tighter rules could quickly challenge those margin and valuation assumptions.</p> <p>Find out about the key risks to this AIA Group narrative.</p> <h2>Another View: Earnings Multiple Sends a Different Signal</h2> <p>While the narrative and intrinsic value work suggest AIA Group is 17.5% undervalued, the P/E tells a different story. At 18.3x earnings, the shares trade above the Asian insurance industry on 12x and the fair ratio of 11.4x, which points to valuation risk rather than a clear bargain. Which signal do you trust more?</p> <p>See what the numbers say about this price — find out in our valuation breakdown.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/38141c40-addd-4b98-9eea-800413cfb600/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/38141c40-addd-4b98-9eea-800413cfb600/chart/pe-multiple-vs-industry"/><figcaption>SEHK:1299 P/E Ratio as at Feb 2026</figcaption></figure><h2> Build Your Own AIA Group Narrative</h2> <p>If you see the numbers differently or simply want to test your own view, you can pull the data together and build a fresh story in just a few minutes, then Do it your way.</p> <p>A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding AIA Group.</p> <h2>Looking for more investment ideas?</h2> <p>If this has sharpened your thinking on AIA Group, do not stop here. Expanding your watchlist with fresh ideas can make a real difference over time.</p> <ul> <li>Spot potential value opportunities early by scanning our 224 high quality undervalued stocks that pair solid fundamentals with attractive pricing signals.</li> <li>Strengthen the defensive side of your portfolio by reviewing companies in the solid balance sheet and fundamentals stocks screener (370 results) that focus on financial resilience.</li> <li>Get ahead of the crowd by checking our screener containing 572 high quality undiscovered gems before other investors start paying closer attention.</li> </ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><h3><strong>New: </strong>Manage All Your Stock Portfolios in One Place</h3><p>We've created the <strong>ultimate portfolio companion</strong> for stock investors, <strong>and it's free.</strong></p><p>• Connect an unlimited number of Portfolios and see your total in one currency<br/>• Be alerted to new Warning Signs or Risks via email or mobile<br/>• Track the Fair Value of your stocks<br/></p><p>Try a Demo Portfolio for Free</p></div></div></div>

01299

<p>AIA Group (SEHK:1299) has recently attracted investor interest with a 1-day return of 2.55% and a 1-year total return of 53.15%. Currently trading at HK$82.35, it is 17.5% undervalued compared to a fair value of HK$99.80. The company's focus on high-value protection products supports strong cash flows and margins, but its P/E ratio of 18.3x exceeds the industry average of 12x, indicating potential valuation risk. Investors are advised to consider both the optimistic growth narrative and the valuation signals before making decisions.</p>

A Fresh Look At AIA Group (SEHK:1299) Valuation After Recent Share Price Moves