Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Thanachart Capital Public Company Limited, an investment holding company, offers a broad spectrum of financial services within Thailand. Its operations are structured across six distinct business segments: the parent "Company" segment, Securities Business, Life Insurance Business, Non-Life Insurance Business, Asset Management Business, and Hire Purchase and Leasing Business. Among its core offerings, Thanachart Capital provides commercial banking and asset management expertise. In the realm of capital markets, it engages in securities and derivatives brokerage, proprietary trading, borrowing and lending activities, and delivers investment and financial advisory services. Additionally, the company serves as an underwriter and securities registrar. Its insurance portfolio includes non-life policies covering areas such as fire, automobile, marine, transportation, and various miscellaneous risks. It also extends life and health insurance protection to a diverse clientele, encompassing individuals, institutions, and organizations. For vehicle acquisition, Thanachart Capital provides hire purchase and financial leasing solutions for passenger cars, as well as a range of commercial vehicles like pick-ups, taxis, and truck tractors and lorries. The firm, incorporated in 1959, was previously known as National Finance Public Company Limited before changing its name to Thanachart Capital Public Company Limited in April 2006. Its headquarters are situated in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on P/IBP. Editor's