Risk factor
Very poor trading liquidity
Profitability factor
Decent dividends
About
Based in Bangkok, Thailand, Muang Thai Insurance Public Company Limited, established in 1932, delivers a comprehensive suite of general insurance services throughout the country. Its core business encompasses motor vehicle protection along with an extensive range of non-motor policies. These include property, marine and transportation, engineering, personal accident and health, special risk, liability, miscellaneous, travel, and commercial insurance. Furthermore, the company diversifies its operations through investments in various securities and active participation in the reinsurance market.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI