Financials Bangkok Union Insurance

Equities

BUI

TH0139010001

Property & Casualty Insurance

End-of-day quote Thailand S.E. 18:00:00 2024-05-14 EDT 5-day change 1st Jan Change
16.8 THB 0.00% Intraday chart for Bangkok Union Insurance +2.44% +8.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 404 360 318 744 540 640.2
Enterprise Value (EV) 1 366.3 234.2 284.2 593.6 310.3 434
P/E ratio 110 x 42 x 24.4 x 8.05 x 8.99 x 4.62 x
Yield - 2.08% 2.36% 4.03% 2.78% 1.55%
Capitalization / Revenue 0.43 x 0.35 x 0.35 x 0.75 x 0.45 x 0.6 x
EV / Revenue 0.39 x 0.22 x 0.31 x 0.59 x 0.26 x 0.4 x
EV / EBITDA 15.5 x 6.68 x 7.93 x 3.63 x 3.42 x 2.53 x
EV / FCF 14.3 x 2.01 x -109 x 3.13 x 8.16 x 3.37 x
FCF Yield 6.97% 49.8% -0.92% 32% 12.3% 29.7%
Price to Book 0.58 x 0.52 x 0.45 x 0.95 x 0.67 x 0.72 x
Nbr of stocks (in thousands) 41,250 41,250 41,250 41,250 41,250 41,249
Reference price 2 9.794 8.727 7.709 18.04 13.09 15.52
Announcement Date 2/22/19 2/21/20 3/1/21 2/24/22 2/21/23 2/21/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 946.1 1,043 917.8 997.9 1,213 1,073
EBITDA 1 23.62 35.05 35.83 163.4 90.73 171.4
EBIT 1 3.269 15.51 15.87 144.4 72.63 169.9
Operating Margin 0.35% 1.49% 1.73% 14.47% 5.99% 15.83%
Earnings before Tax (EBT) 1 3.269 15.51 15.87 144.4 72.63 169.9
Net income 1 3.685 8.566 13.02 92.41 60.09 138.7
Net margin 0.39% 0.82% 1.42% 9.26% 4.95% 12.92%
EPS 2 0.0893 0.2077 0.3156 2.240 1.457 3.362
Free Cash Flow 1 25.54 116.7 -2.618 189.7 38.02 128.8
FCF margin 2.7% 11.19% -0.29% 19.01% 3.13% 12%
FCF Conversion (EBITDA) 108.15% 332.87% - 116.06% 41.9% 75.12%
FCF Conversion (Net income) 693.14% 1,361.91% - 205.26% 63.27% 92.86%
Dividend per Share - 0.1818 0.1818 0.7273 0.3636 0.2400
Announcement Date 2/22/19 2/21/20 3/1/21 2/24/22 2/21/23 2/21/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 37.7 126 33.8 150 230 206
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 25.5 117 -2.62 190 38 129
ROE (net income / shareholders' equity) 0.52% 1.23% 1.88% 12.5% 7.59% 16.5%
ROA (Net income/ Total Assets) 0.1% 0.49% 0.54% 5.06% 2.27% 5.11%
Assets 1 3,620 1,735 2,430 1,826 2,643 2,715
Book Value Per Share 2 17.00 16.70 17.00 18.90 19.40 21.40
Cash Flow per Share 2 0.9100 3.050 2.170 4.960 6.850 6.240
Capex 1 2.46 6.1 1.21 0.31 3.8 1.8
Capex / Sales 0.26% 0.58% 0.13% 0.03% 0.31% 0.17%
Announcement Date 2/22/19 2/21/20 3/1/21 2/24/22 2/21/23 2/21/24
1THB in Million2THB
Estimates
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