Investors are very anxious on why Star Health share price is on loop .I beleive Star Health is decently valued . Indian market does not have any standalone health insurer listed but few M&A deal will give idea about Star health’s valuation. At close of FY23 Start Health had gross premium of little less than 13000 Cr and current Market Cap at 33,000 Cr.
- Apollo Munich got a valuation of 1.2 times of FY19 premium while merging with HDFC. Apollo Munich valued at 2650 Cr . Market share was 8% in standalone health insurance.
- Max Bupa merged with True North at Feb-2019 .Valuation fixed at 1000Cr. On FY19 total premium collected at 660 Cr. So multiple is 1.5 times
| Subscribe To Our Free Newsletter |
