Thai Reinsurance (SET:THRE-R) - Stock Price, News & Analysis

THRE-R Stock Overview

Provides non-life reinsurance products and services in Thailand.

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

Rewards

Price-To-Earnings ratio (10.3x) is below the TH market (15.6x)

Earnings grew by 259.4% over the past year

Risk Analysis

Does not have a meaningful market cap (THB3B)

Thai Reinsurance Public Company Limited Competitors

Thaivivat Holdings

SET:TVH

฿2.6b

TQR

SET:TQR

฿1.6b

Muang Thai Insurance

SET:MTI

฿6.5b

Navakij Insurance

SET:NKI

฿959.5m

Price History & Performance

Summary of all time highs, changes and price drops for Thai Reinsurance
Historical stock prices
Current Share Price	฿0.68
52 Week High	฿1.00
52 Week Low	฿0.54
Beta	0.65
11 Month Change	15.25%
3 Month Change	4.62%
1 Year Change	-25.27%
33 Year Change	-47.69%
5 Year Change	23.64%
Change since IPO	-79.85%

Recent updates

Shareholder Returns

	THRE-R	TH Insurance	TH Market
7D	3.0%	7.2%	1.8%
1Y	-25.3%	-19.4%	-2.7%

Return vs Industry: THRE-R underperformed the TH Insurance industry which returned -20.8% over the past year.

Return vs Market: THRE-R underperformed the TH Market which returned -2.5% over the past year.

Price Volatility

Is THRE-R's price volatile compared to industry and market?
THRE-R volatility
THRE-R Average Weekly Movement	4.9%
Insurance Industry Average Movement	4.2%
Market Average Movement	5.1%
10% most volatile stocks in TH Market	11.3%
10% least volatile stocks in TH Market	2.7%

Stable Share Price: THRE-R has not had significant price volatility in the past 3 months.

Volatility Over Time: THRE-R's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1978	n/a	Oran Vongsuraphichet	www.thaire.co.th

Thai Reinsurance Public Company Limited provides non-life reinsurance products and services in Thailand. The company operates through two segments, Conventional Products and Non-Conventional Products. It offers reinsurance products, including motor, property, fire, industrial all risk, marine hull and cargo, liability, financial, personal accident, health, etc. The company also provides computer services in relation to motor insurance claim management; claim management and marketing services; and actuarial, training, and advisory services, as well as technical consultation and professional risk pool management services.

Thai Reinsurance Public Company Limited Fundamentals Summary

How do Thai Reinsurance's earnings and revenue compare to its market cap?
THRE-R fundamental statistics
Market cap	฿2.87b
Earnings (TTM)	฿279.31m
Revenue (TTM)	฿5.40b

10.3x

P/E Ratio

0.5x

P/S Ratio

Is THRE-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THRE-R income statement (TTM)
Revenue	฿5.40b
Cost of Revenue	฿4.34b
Gross Profit	฿1.06b
Other Expenses	฿779.94m
Earnings	฿279.31m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.066
Gross Margin	19.61%
Net Profit Margin	5.17%
Debt/Equity Ratio	0%

How did THRE-R perform over the long term?

See historical performance and comparison

Thai Reinsurance SET:THRE-R Stock Report