Risk factor
Very poor trading liquidity
Profitability factor
Strong margins and returns
About
Operating across Taiwan and Thailand, Union Insurance Co., Ltd. delivers a comprehensive portfolio of insurance solutions. Its offerings encompass a wide range of coverage: Fire Insurance: Extensive options for both residential and commercial properties, including protection against fire, earthquake, typhoon, and flood damages. Transportation Insurance: Policies covering cargo, hull, fishing vessels, and aviation, alongside liability protection for cargo carriers and maritime contractors. Motor Insurance: Automotive plans featuring voluntary coverage for vehicle body damage and third-party liability, as well as compulsory liability insurance for cars and motorcycles. Engineering Insurance: Provisions addressing risks associated with construction (comprehensive and installation), machinery (including boilers), and electronic equipment. Liability Insurance: Solutions spanning general and professional liability, guarantee bonds, and comprehensive packages for individuals and businesses, alongside various other property-related coverages. Accident Insurance: Protection ranging from personal and group accident plans to travel safety and micro-insurance options. Health Insurance: Medical coverage tailored for both groups and individuals. The company also provides a selection of reinsurance products. Established in 1963, Union Insurance Co., Ltd. maintains its headquarters in Taiwan's capital, Taipei City.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI