Risk factor
Resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Bangkok Life Assurance Public Company Limited, together with its subsidiaries, provides life insurance services to individuals and corporates in Thailand. Its life insurance products include protection, savings, education, pension, accident plans, total permanent disability, and health and critical illness products. The company also provides general insurance products comprise personal insurance and business all risks insurance products, including fire, motor, burglary, personal accident, accident and personal health, travel accident, cancer, golfer's indemnity, home multicover, medical malpractice liability, business interruption, marine, hull, workmen's compensation, money, contractors' plant and equipment, contractors' all risks, erection all risks, boiler and pressure vessel, electronic equipment, industrial all risks, public liability, neon-sign, plate glass, fidelity guarantee, group accident and health, and shop multicover insurance products. In addition, it offers bancassurance products; and equity, long term equity, mixed, foreign investment, fixed income, exchange traded, money market, local fixed income, and retirement mutual funds. The company was founded in 1951 and is headquartered in Bangkok, Thailand.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
Target Price
The average target price of BLA.BK is 25 and suggests 26% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell