Financials Bangkok Insurance

Equities

BKI

TH0042010007

Property & Casualty Insurance

End-of-day quote Thailand S.E. 18:00:00 2024-05-02 EDT 5-day change 1st Jan Change
291 THB 0.00% Intraday chart for Bangkok Insurance +0.34% -4.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 35,029 31,409 29,386 28,534 29,705 32,473
Enterprise Value (EV) 1 34,663 31,310 30,023 28,798 29,876 32,963
P/E ratio 14.6 x 12.8 x 10.9 x 27 x -46.5 x 10.7 x
Yield 4.26% 4.75% 5.43% 5.6% 5.56% 5.49%
Capitalization / Revenue 2.55 x 1.96 x 1.65 x 1.55 x 1.24 x 1.57 x
EV / Revenue 2.52 x 1.95 x 1.68 x 1.57 x 1.24 x 1.59 x
EV / EBITDA 11.4 x 10.4 x 8.81 x 22.4 x -50.2 x 9.41 x
EV / FCF 15.3 x 9.31 x 10.9 x 102 x 45 x 9.07 x
FCF Yield 6.54% 10.7% 9.19% 0.98% 2.22% 11%
Price to Book 1 x 1.01 x 0.97 x 0.87 x 0.92 x 0.97 x
Nbr of stocks (in thousands) 106,470 106,470 106,470 106,470 106,470 106,470
Reference price 2 329.0 295.0 276.0 268.0 279.0 305.0
Announcement Date 19-02-22 20-02-28 21-02-19 22-02-25 23-02-24 24-02-23
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 13,755 16,061 17,852 18,360 24,017 20,676
EBITDA 1 3,049 3,013 3,407 1,285 -594.7 3,503
EBIT 1 2,789 2,789 3,249 1,156 -703.4 3,411
Operating Margin 20.27% 17.36% 18.2% 6.3% -2.93% 16.5%
Earnings before Tax (EBT) 1 2,785 2,786 3,210 1,115 -745.2 3,370
Net income 1 2,407 2,451 2,706 1,056 -638.4 3,044
Net margin 17.5% 15.26% 15.16% 5.75% -2.66% 14.72%
EPS 2 22.61 23.02 25.41 9.920 -5.996 28.59
Free Cash Flow 1 2,268 3,362 2,758 283.3 664.1 3,634
FCF margin 16.49% 20.93% 15.45% 1.54% 2.76% 17.58%
FCF Conversion (EBITDA) 74.41% 111.6% 80.94% 22.05% - 103.75%
FCF Conversion (Net income) 94.25% 137.15% 101.93% 26.83% - 119.41%
Dividend per Share 2 14.00 14.00 15.00 15.00 15.50 16.75
Announcement Date 19-02-22 20-02-28 21-02-19 22-02-25 23-02-24 24-02-23
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 637 264 171 490
Net Cash position 1 366 98.8 - - - -
Leverage (Debt/EBITDA) - - 0.187 x 0.2055 x -0.2881 x 0.1398 x
Free Cash Flow 1 2,268 3,362 2,758 283 664 3,634
ROE (net income / shareholders' equity) 6.87% 7.44% 8.82% 3.34% -1.96% 9.3%
ROA (Net income/ Total Assets) 2.89% 2.96% 3.48% 1.17% -0.65% 2.89%
Assets 1 83,358 82,948 77,823 89,901 98,046 105,331
Book Value Per Share 2 328.0 291.0 285.0 308.0 302.0 313.0
Cash Flow per Share 2 3.940 1.300 1.330 5.280 6.090 2.980
Capex 1 49.9 124 52.7 58.1 19.3 23.7
Capex / Sales 0.36% 0.77% 0.3% 0.32% 0.08% 0.11%
Announcement Date 19-02-22 20-02-28 21-02-19 22-02-25 23-02-24 24-02-23
1THB in Million2THB
Estimates
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