Navakij Insurance (SET:NKI-R) - Stock Price, News & Analysis

NKI-R Stock Overview

Provides non-life insurance products in Thailand. More details

NKI-R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 7% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (THB942M)

Dividend of 5.89% is not well covered by earnings

Large one-off items impacting financial results

Profit margins (1.6%) are lower than last year (3.7%)

The Navakij Insurance Public Company Limited Competitors

Bangkok Union Insurance

SET:BUI

฿660.0m

Indara Insurance

SET:INSURE

฿948.0m

Thaivivat Holdings

SET:TVH

฿2.8b

Muang Thai Insurance

SET:MTI

฿6.2b

Price History & Performance

Summary of all time highs, changes and price drops for Navakij Insurance
Historical stock prices
Current Share Price	฿24.80
52 Week High	฿29.21
52 Week Low	฿22.00
Beta	0.43
11 Month Change	-0.80%
3 Month Change	-0.40%
1 Year Change	-7.38%
33 Year Change	-39.15%
5 Year Change	-51.49%
Change since IPO	62.61%

Recent updates

Shareholder Returns

	NKI-R	TH Insurance	TH Market
7D	3.3%	0.08%	-2.2%
1Y	-7.4%	-2.6%	2.8%

Return vs Industry: NKI-R underperformed the TH Insurance industry which returned -2.5% over the past year.

Return vs Market: NKI-R underperformed the TH Market which returned 2.3% over the past year.

Price Volatility

Is NKI-R's price volatile compared to industry and market?
NKI-R volatility
NKI-R Average Weekly Movement	2.5%
Insurance Industry Average Movement	4.9%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.3%

Stable Share Price: NKI-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: NKI-R's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1933	n/a	Pitiphong Bisalputra	www.navakij.co.th

The Navakij Insurance Public Company Limited provides non-life insurance products in Thailand. It offers fire, marine and transportation, motor, property, accident and health, and miscellaneous insurance products. The company was formerly known as Luang Lee Insurance Company Limited and changed its name to The Navakij Insurance Public Company Limited in 1985.

The Navakij Insurance Public Company Limited Fundamentals Summary

How do Navakij Insurance's earnings and revenue compare to its market cap?
NKI-R fundamental statistics
Market cap	฿942.40m
Earnings (TTM)	฿54.66m
Revenue (TTM)	฿3.34b

17.2x

P/E Ratio

0.3x

P/S Ratio

Is NKI-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NKI-R income statement (TTM)
Revenue	฿3.34b
Cost of Revenue	฿2.82b
Gross Profit	฿524.10m
Other Expenses	฿469.44m
Earnings	฿54.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.44
Gross Margin	15.69%
Net Profit Margin	1.64%
Debt/Equity Ratio	0%

How did NKI-R perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

102%

Payout Ratio

Navakij Insurance SET:NKI-R Stock Report