AIA Group Limited (AAGIY)

AIA Group Limited (AAGIY) — VMCI valuation read

Headline read on AAGIY: VMCI of 50/100 versus a Financial Services sector median of 50. The 0-point above-median position is what makes AIA Group Limited a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on AAGIY: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on AAGIY: value (AAGIY trades at 21.0x earnings, 17% above the Financial Services median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Financial Services median (10.0%)), and risk (net debt to EBITDA of 2.9x is the rate-sensitivity line to watch). The value read also implies an EV/EBITDA gap of +4.0x against the Financial Services 12.0x baseline.

AAGIY fell 0.5% over the trailing 7 days, with a -18.3% read on a 30-day basis.