Navakij Insurance Valuation
Is NKI-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of NKI-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NKI-R (THB24.8) is trading below our estimate of fair value (THB26.68)
Significantly Below Fair Value: NKI-R is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NKI-R?
Key metric: As NKI-R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is NKI-R's PE Ratio? | |
|---|---|
| PE Ratio | 17.2x |
| Earnings | ฿54.66m |
| Market Cap | ฿942.40m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 6.7x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does NKI-R's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.1x | ||
BUI Bangkok Union Insurance | 4.2x | n/a | ฿660.0m |
INSURE Indara Insurance | 7.8x | n/a | ฿948.0m |
TVH Thaivivat Holdings | 7.5x | n/a | ฿2.8b |
MTI Muang Thai Insurance | 8.8x | n/a | ฿6.2b |
NKI-R Navakij Insurance | 17.2x | n/a | ฿942.4m |
Price-To-Earnings vs Peers: NKI-R is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (7.1x).
Price to Earnings Ratio vs Industry
How does NKI-R's PE Ratio compare vs other companies in the Asian Insurance Industry?
| 5 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 5 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: NKI-R is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the Asian Insurance industry average (10.9x).
Price to Earnings Ratio vs Fair Ratio
What is NKI-R's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 17.2x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NKI-R's Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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