Thaivivat Holdings (SET:TVH) - Stock Price, News & Analysis

TVH Stock Overview

Provides various non-life insurance products in Thailand and Lao. More details

TVH fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 40.9% below our estimate of its fair value

Earnings grew by 56.4% over the past year

Risk Analysis

Does not have a meaningful market cap (THB3B)

Unstable dividend track record

Thaivivat Holdings Public Company Limited Competitors

Muang Thai Insurance

SET:MTI

฿6.3b

Navakij Insurance

SET:NKI

฿950.0m

Bangkok Union Insurance

SET:BUI

฿668.2m

Indara Insurance

SET:INSURE

฿984.0m

Price History & Performance

Summary of all time highs, changes and price drops for Thaivivat Holdings
Historical stock prices
Current Share Price	฿9.50
52 Week High	฿11.10
52 Week Low	฿7.25
Beta	0.038
11 Month Change	9.20%
3 Month Change	9.83%
1 Year Change	25.00%
33 Year Change	-25.78%
5 Year Change	119.91%
Change since IPO	196.10%

Recent updates

Shareholder Returns

	TVH	TH Insurance	TH Market
7D	-2.1%	-3.8%	0.8%
1Y	25.0%	-4.5%	3.1%

Return vs Industry: TVH exceeded the TH Insurance industry which returned -4.5% over the past year.

Return vs Market: TVH exceeded the TH Market which returned 3.1% over the past year.

Price Volatility

Is TVH's price volatile compared to industry and market?
TVH volatility
TVH Average Weekly Movement	5.8%
Insurance Industry Average Movement	5.0%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: TVH's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1951	n/a	Jiraphant Asvatanakul	thaivivatholdings.com/

Thaivivat Holdings Public Company Limited provides various non-life insurance products in Thailand and Lao. The company offers fire, marine and transportation, motor, accident, health, housing and business, cargo, property, theft, and travel insurance products. It provides reinsurance products.

Thaivivat Holdings Public Company Limited Fundamentals Summary

How do Thaivivat Holdings's earnings and revenue compare to its market cap?
TVH fundamental statistics
Market cap	฿2.85b
Earnings (TTM)	฿355.65m
Revenue (TTM)	฿7.25b

8.0x

P/E Ratio

0.4x

P/S Ratio

Is TVH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TVH income statement (TTM)
Revenue	฿7.25b
Cost of Revenue	฿5.73b
Gross Profit	฿1.51b
Other Expenses	฿1.16b
Earnings	฿355.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.19
Gross Margin	20.86%
Net Profit Margin	4.91%
Debt/Equity Ratio	0%

How did TVH perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

33%

Payout Ratio

TVH Stock Overview

Rewards

Risk Analysis

Thaivivat Holdings Public Company Limited Competitors

SET:MTI

฿6.3b

SET:NKI

฿950.0m

SET:BUI

฿668.2m

SET:INSURE

฿984.0m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.031 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.38 in 2Q 2023)

Thaivivat Holdings Public Company Limited Approves Dividend for the Year 2023, Payable on May 20, 2024

Upcoming dividend of ฿0.39 per share

Thaivivat Holdings Public Company Limited Proposes Cash Dividend from the Operating Results from January 1, 2023 to December 31, 2023, Payable on May 20, 2024

Full year 2023 earnings released: EPS: ฿0.93 (vs ฿0.68 in FY 2022)

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.031 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.38 in 2Q 2023)

Thaivivat Holdings Public Company Limited Approves Dividend for the Year 2023, Payable on May 20, 2024

Upcoming dividend of ฿0.39 per share

Thaivivat Holdings Public Company Limited Proposes Cash Dividend from the Operating Results from January 1, 2023 to December 31, 2023, Payable on May 20, 2024

Full year 2023 earnings released: EPS: ฿0.93 (vs ฿0.68 in FY 2022)

Investor sentiment improves as stock rises 19%

Thaivivat Holdings Public Company Limited Announces Changing of Chief Accountant, Effective from December 1, 2023

Third quarter 2023 earnings released: ฿0.031 loss per share (vs ฿0.035 profit in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

Now 22% undervalued

Second quarter 2023 earnings released: EPS: ฿0.39 (vs ฿0.21 in 2Q 2022)

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

Insufficient new directors

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Thaivivat Insurance Public Company Limited Appoints Sombat Thiratrakoolchai as an Independent Director

First quarter 2023 earnings released: EPS: ฿0.34 (vs ฿0.37 in 1Q 2022)

Upcoming dividend of ฿0.29 per share at 2.5% yield

Insufficient new directors

Third quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.42 in 3Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: ฿0.37 (vs ฿0.51 in 1Q 2021)

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.70 per share

Insufficient new directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Thaivivat Insurance Public Company Limited, Annual General Meeting, Apr 28, 2022

Thaivivat Insurance Public Company Limited Proposes Dividend for the Year 2021, Payable on May 25, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS ฿0.50 (vs ฿0.62 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.51 (vs ฿0.61 loss in 1Q 2020)

Investor sentiment improved over the past week

Independent Chairman Chalaw Fuangaromya has left the company

Upcoming dividend of ฿0.20 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ฿0.26 (vs ฿0.37 in FY 2019)

Thaivivat Insurance Public Company Limited Announces Retirement of Chalaw Fuangaromya as Director

New 90-day high: ฿4.30

Thaivivat Insurance Public Company Limited, Annual General Meeting, Apr 28, 2021

New 90-day high: ฿4.06

New 90-day high: ฿3.82

New 90-day high: ฿3.70

Third quarter 2020 earnings released: EPS ฿0.01

Mafam Company Limited acquired a 48.07% stake in Thaivivat Insurance Public Company Limited (SET:TVI) from MA International Co., Ltd. and Tangjaimun Co., Ltd.

Earnings released