Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Thai Group Holdings Public Company Limited is a Thai-based enterprise primarily engaged in providing life and non-life insurance coverage within Thailand. Its operations are diversified across several segments, including Life Insurance, Non-life Insurance, Financial Services, and other ventures. Beyond its core insurance business, the company offers a range of financial services, such as leasing, lending, and the sale and leasing of pre-owned vehicles. It also extends its activities to real estate development and rental. Furthermore, the firm provides hire purchase options, various management and training consultancy services, investment advisory, and develops insurance technology solutions. The company was founded in 2018 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT