Risk factor
Meaningful price volatility
Profitability factor
Excellent dividends
About
Ratchthani Leasing Public Company Limited, along with its own subsidiary, delivers vehicle financing through hire-purchase and financial leasing arrangements across Thailand. The company segments its operations into three primary areas: New Car, Used Car, and Other Services. Its lending portfolio is comprehensive, offering loans for a variety of vehicles including luxury cars, standard sedans, motorbikes, commercial trucks, and taxis, as well as other financial products. Furthermore, the company extends its offerings to include brokerage services for both general and life insurance policies. Founded in 1988, Ratchthani Leasing maintains its headquarters in Bangkok, Thailand, and functions as a subsidiary of Thanachart SPV1 Co., Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV/
Target Price
The average target price of THANI.BK is 2.3 and suggests 37% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc