Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Based in Bangkok, Thailand, Thai Reinsurance Public Company Limited primarily offers non-life reinsurance products and services within Thailand. Its business is structured into two main divisions: Conventional Products and Non-Conventional Products. The company's reinsurance portfolio covers diverse areas such as property, accident and health, engineering, marine cargo, and hull. In addition to these core offerings, Thai Reinsurance provides a suite of related services. These encompass computer services for motor insurance claim administration, comprehensive claim management and marketing support, and expert actuarial, training, and consulting services. It also furnishes outsourcing solutions for life and non-life insurance firms, alongside self-insured corporations. Furthermore, the company delivers digital platform solutions, technical guidance, and associated services to both corporate and individual clients. Its activities also extend to the development of e-commerce platforms. The company was founded in 1978.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'c