Company Valuation: Thai Reinsurance

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2025 2026
Market Cap 1 4,173 3,330 1,391 1,897
Change - -20.2% - 36.36%
Enterprise Value (EV) 4,173 3,330 1,391 1,897
Change - -20.2% - 36.36%
P/E - 15.8x -330x -
PBR - - - -
PEG - - - -
Capitalization / Revenue - - - -
EV / Revenue - - - -
EV / EBITDA - - - -
EV / EBIT - 0x - 6.34x
EV / FCF - - - -
FCF Yield - - - -
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 - 0.05 -0.001 -
Distribution rate - - - -
Net sales - - - -
EBITDA - - - -
EBIT 1 - 286.7 - 299
Net income 1 -194 209.6 -2.74 296
Net Debt - - - -
Reference price 2 0.9900 0.7900 0.3300 0.4500
Nbr of stocks (in thousands) 4,214,994 4,214,994 4,214,994 4,214,994
Announcement Date 2/28/23 2/28/24 2/25/26 -
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.2x - - 4.91% 76.21B
11.04x1.47x - 5.07% 35.77B
7.14x - - 2.18% 14.09B
8.65x - - 0.51% 13.33B
9.22x - - - 2.74B
12.55x - - - 1.08B
6.53x - - 5.88% 909M
7.03x - - 4.28% 785M
Average 9.04x 1.47x 3.8% 18.11B
Weighted average by Cap. 9.92x 1.47x 4.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA