Risk factor
Resilient to price shocks
Profitability factor
Slightly undervalued vs peers
About
Operating in Thailand, Bangkok Life Assurance Public Company Limited, alongside its subsidiaries, delivers a comprehensive suite of financial and insurance products to both individual and corporate clientele. The company specializes in life insurance, offering policies for protection, savings, education, retirement planning, and coverage for accidents, total permanent disability, health concerns, and critical illnesses. Additionally, it provides a wide array of general insurance products, ranging from personal coverage (such as fire, motor, and travel) to extensive commercial policies addressing property, liability, and worker's compensation risks. Further expanding its services, the firm is involved in bancassurance, manages and distributes a variety of mutual funds (including equity, fixed income, and retirement-focused options), and offers loans to individuals and legal entities. Established in 1951, Bangkok, Thailand, serves as the company's headquarters.
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, of fair value on
Target Price
The average target price of BLA.BK is 29 and suggests 18% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa