Thai Reinsurance Public Company Limited Logo

Thai Reinsurance Public Company Limited

THRE.BK

(1.8)
Stock Price

0,58 THB

3.5% ROA

7.89% ROE

10.11x PER

Market Cap.

2.824.043.300,00 THB

0.66% DER

0% Yield

5.22% NPM

Thai Reinsurance Public Company Limited Stock Analysis

Thai Reinsurance Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Thai Reinsurance Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

The stock's ROE falls within an average range (2.51%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (1.12%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.07x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-8) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Thai Reinsurance Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Thai Reinsurance Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Thai Reinsurance Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Thai Reinsurance Public Company Limited Revenue
Year Revenue Growth
2005 2.809.226.395
2006 2.860.572.217 1.79%
2007 3.146.950.843 9.1%
2008 3.590.987.991 12.37%
2009 3.630.549.911 1.09%
2010 4.063.654.681 10.66%
2011 5.819.574.165 30.17%
2012 6.632.666.332 12.26%
2013 6.586.881.761 -0.7%
2014 6.911.297.902 4.69%
2015 7.524.399.015 8.15%
2016 4.487.869.035 -67.66%
2017 4.316.056.340 -3.98%
2018 3.721.511.838 -15.98%
2019 4.690.210.778 20.65%
2020 4.426.535.216 -5.96%
2021 4.642.743.022 4.66%
2022 4.452.721.707 -4.27%
2023 5.219.371.456 14.69%
2023 4.963.592.813 -5.15%
2024 5.643.231.224 12.04%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Thai Reinsurance Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Thai Reinsurance Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 86.843.502
2006 86.002.015 -0.98%
2007 95.772.927 10.2%
2008 105.197.939 8.96%
2009 107.279.767 1.94%
2010 117.477.012 8.68%
2011 0 0%
2012 74.709.658 100%
2013 99.061.742 24.58%
2014 95.035.927 -4.24%
2015 94.568.468 -0.49%
2016 139.162.283 32.04%
2017 116.431.475 -19.52%
2018 103.598.576 -12.39%
2019 123.236.916 15.94%
2020 135.205.442 8.85%
2021 122.103.000 -10.73%
2022 120.904.000 -0.99%
2023 0 0%
2023 163.172.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Thai Reinsurance Public Company Limited EBITDA
Year EBITDA Growth
2005 626.844.820
2006 611.052.923 -2.58%
2007 656.080.061 6.86%
2008 670.599.406 2.17%
2009 698.382.133 3.98%
2010 679.370.959 -2.8%
2011 -2.051.278.060 133.12%
2012 -5.344.378.210 61.62%
2013 -3.528.824.571 -51.45%
2014 -1.337.707.046 -163.8%
2015 3.299.521.257 140.54%
2016 348.345.546 -847.2%
2017 257.891.603 -35.07%
2018 -687.575.452 137.51%
2019 153.897.615 546.77%
2020 248.323.429 38.03%
2021 -447.487.793 155.49%
2022 -225.661.066 -98.3%
2023 252.209.308 189.47%
2023 18.114.044 -1292.34%
2024 -18.959.348 195.54%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Thai Reinsurance Public Company Limited Gross Profit
Year Gross Profit Growth
2005 2.809.226.395
2006 2.860.572.217 1.79%
2007 3.146.950.843 9.1%
2008 3.590.987.991 12.37%
2009 3.630.549.911 1.09%
2010 4.063.654.681 10.66%
2011 5.819.574.165 30.17%
2012 6.632.666.332 12.26%
2013 6.586.881.761 -0.7%
2014 6.911.297.902 4.69%
2015 7.524.399.015 8.15%
2016 4.487.869.035 -67.66%
2017 4.316.056.340 -3.98%
2018 3.721.511.838 -15.98%
2019 4.690.210.778 20.65%
2020 4.426.535.216 -5.96%
2021 4.642.743.022 4.66%
2022 4.452.721.707 -4.27%
2023 5.219.371.456 14.69%
2023 4.963.592.813 -5.15%
2024 5.643.231.224 12.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Thai Reinsurance Public Company Limited Net Profit
Year Net Profit Growth
2005 481.780.520
2006 462.279.732 -4.22%
2007 515.130.794 10.26%
2008 477.193.549 -7.95%
2009 520.374.367 8.3%
2010 587.238.786 11.39%
2011 -1.660.484.019 135.37%
2012 -4.349.168.504 61.82%
2013 -2.799.113.361 -55.38%
2014 -1.953.358.324 -43.3%
2015 2.655.118.347 173.57%
2016 277.655.308 -856.26%
2017 -111.151.428 349.8%
2018 -1.011.842.408 89.01%
2019 125.128.553 908.64%
2020 222.000.237 43.64%
2021 -356.462.115 162.28%
2022 -193.675.027 -84.05%
2023 201.882.468 195.93%
2023 209.578.293 3.67%
2024 339.449.836 38.26%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Thai Reinsurance Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 -1 100%
2012 -1 0%
2013 -1 0%
2014 -1 0%
2015 1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Thai Reinsurance Public Company Limited Free Cashflow
Year Free Cashflow Growth
2005 476.224.836
2006 447.249.622 -6.48%
2007 527.010.161 15.13%
2008 780.637.664 32.49%
2009 620.030.539 -25.9%
2010 1.639.748.517 62.19%
2011 5.966.933.511 72.52%
2012 -4.396.766.302 235.71%
2013 -2.845.919.003 -54.49%
2014 -2.005.231.473 -41.92%
2015 2.594.016.369 177.3%
2016 159.015.992 -1531.29%
2017 -150.879.031 205.39%
2018 -1.034.138.320 85.41%
2019 -260.181.096 -297.47%
2020 27.223.334 1055.73%
2021 247.109.018 88.98%
2022 -237.107.710 204.22%
2023 -114.776.402 -106.58%
2023 -540.357.412 78.76%
2024 167.151.134 423.27%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Thai Reinsurance Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2005 481.780.520
2006 462.279.732 -4.22%
2007 587.262.214 21.28%
2008 825.795.855 28.89%
2009 730.330.943 -13.07%
2010 1.665.234.919 56.14%
2011 6.007.122.749 72.28%
2012 -4.349.168.504 238.12%
2013 -2.799.113.361 -55.38%
2014 -1.953.358.324 -43.3%
2015 2.655.118.347 173.57%
2016 277.655.308 -856.26%
2017 -111.151.428 349.8%
2018 -1.011.842.408 89.01%
2019 -229.826.748 -340.26%
2020 63.723.940 460.66%
2021 293.739.542 78.31%
2022 -193.675.027 251.67%
2023 0 0%
2023 -353.203.297 100%
2024 201.881.592 274.96%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Thai Reinsurance Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2005 5.555.684
2006 15.030.110 63.04%
2007 60.252.053 75.05%
2008 45.158.191 -33.42%
2009 110.300.404 59.06%
2010 25.486.402 -332.78%
2011 40.189.238 36.58%
2012 47.597.798 15.56%
2013 46.805.642 -1.69%
2014 51.873.149 9.77%
2015 61.101.978 15.1%
2016 118.639.316 48.5%
2017 39.727.603 -198.63%
2018 22.295.912 -78.18%
2019 30.354.348 26.55%
2020 36.500.606 16.84%
2021 46.630.524 21.72%
2022 43.432.683 -7.36%
2023 114.776.402 62.16%
2023 187.154.115 38.67%
2024 34.730.458 -438.88%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Thai Reinsurance Public Company Limited Equity
Year Equity Growth
2005 2.359.595.267
2006 2.352.243.165 -0.31%
2007 2.495.872.120 5.75%
2008 2.081.107.191 -19.93%
2009 2.444.561.352 14.87%
2010 2.679.418.715 8.77%
2011 742.399.775 -260.91%
2012 3.488.825.747 78.72%
2013 2.828.062.282 -23.36%
2014 3.782.209.531 25.23%
2015 5.456.355.525 30.68%
2016 5.380.296.782 -1.41%
2017 4.866.306.452 -10.56%
2018 3.619.846.295 -34.43%
2019 3.549.290.742 -1.99%
2020 3.681.444.269 3.59%
2021 3.244.959.131 -13.45%
2022 3.113.566.982 -4.22%
2023 3.747.844.307 16.92%
2023 3.801.352.235 1.41%
2024 3.843.868.085 1.11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Thai Reinsurance Public Company Limited Assets
Year Assets Growth
2005 4.648.536.843
2006 4.621.760.004 -0.58%
2007 4.971.526.232 7.04%
2008 4.849.237.374 -2.52%
2009 5.473.091.719 11.4%
2010 6.716.787.582 18.52%
2011 25.745.149.626 73.91%
2012 33.642.431.894 23.47%
2013 28.090.424.890 -19.76%
2014 14.681.632.974 -91.33%
2015 15.111.947.692 2.85%
2016 14.417.932.210 -4.81%
2017 12.395.077.422 -16.32%
2018 9.842.244.152 -25.94%
2019 7.812.607.136 -25.98%
2020 7.006.662.963 -11.5%
2021 7.113.007.551 1.5%
2022 6.699.548.213 -6.17%
2023 7.812.684.099 14.25%
2023 7.697.951.736 -1.49%
2024 8.169.315.805 5.77%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Thai Reinsurance Public Company Limited Liabilities
Year Liabilities Growth
2005 2.288.941.576
2006 2.269.516.839 -0.86%
2007 2.475.654.112 8.33%
2008 2.768.130.183 10.57%
2009 3.028.530.367 8.6%
2010 4.037.368.867 24.99%
2011 25.002.749.851 83.85%
2012 30.153.606.147 17.08%
2013 25.262.362.608 -19.36%
2014 10.899.423.443 -131.78%
2015 9.655.592.167 -12.88%
2016 9.037.635.428 -6.84%
2017 7.528.770.970 -20.04%
2018 6.222.397.857 -20.99%
2019 4.263.316.394 -45.95%
2020 3.325.218.694 -28.21%
2021 3.868.048.420 14.03%
2022 3.585.981.231 -7.87%
2023 30.029.464 -11841.54%
2023 3.896.599.501 99.23%
2024 4.325.447.720 9.91%

Thai Reinsurance Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.27
Net Income per Share
0.07
Price to Earning Ratio
10.11x
Price To Sales Ratio
0.53x
POCF Ratio
9.24
PFCF Ratio
31.31
Price to Book Ratio
0.79
EV to Sales
0.43
EV Over EBITDA
51.23
EV to Operating CashFlow
7.51
EV to FreeCashFlow
25.45
Earnings Yield
0.1
FreeCashFlow Yield
0.03
Market Cap
2,82 Bil.
Enterprise Value
2,30 Bil.
Graham Number
1.13
Graham NetNet
-1.28

Income Statement Metrics

Net Income per Share
0.07
Income Quality
1.09
ROE
0.08
Return On Assets
0.03
Return On Capital Employed
0.02
Net Income per EBT
0.75
EBT Per Ebit
3.01
Ebit per Revenue
0.02
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.02
Pretax Profit Margin
0.07
Net Profit Margin
0.05

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.04
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.07
Free CashFlow per Share
0.02
Capex to Operating CashFlow
0.7
Capex to Revenue
0.04
Capex to Depreciation
9.82
Return on Invested Capital
0.03
Return on Tangible Assets
0.04
Days Sales Outstanding
71.76
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
5.09
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.05

Balance Sheet

Cash per Share
0,14
Book Value per Share
0,91
Tangible Book Value per Share
0.87
Shareholders Equity per Share
0.85
Interest Debt per Share
0.01
Debt to Equity
0.01
Debt to Assets
0
Net Debt to EBITDA
-11.79
Current Ratio
1.27
Tangible Asset Value
3,65 Bil.
Net Current Asset Value
-1,73 Bil.
Invested Capital
1016515495
Working Capital
0,55 Bil.
Intangibles to Total Assets
0.02
Average Receivables
1,05 Bil.
Average Payables
0,74 Bil.
Average Inventory
-4751928418.5
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Thai Reinsurance Public Company Limited Dividends
Year Dividends Growth
2000 3
2001 3 0%
2002 3 -50%
2003 2 -100%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2021 0 0%

Thai Reinsurance Public Company Limited Profile

About Thai Reinsurance Public Company Limited

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 property, accident and health, engineering, marine cargo, and hull reinsurance products. The company also provides computer services in relation to motor insurance claim management; claim management and marketing services; actuarial, training, and advisory services; outsourcing services to life and non-life insurance companies, and self-insured corporations; and digital platform, technical consultation, and related services to business and individual clients. In addition, it develops electronic commerce services. The company was founded in 1978 and is headquartered in Bangkok, Thailand.

CEO
Mr. Oran Vongsuraphichet
Employee
147
Address
48/22-24 Soi Rajchadapisek 20
Bangkok, 10310

Thai Reinsurance Public Company Limited Executives & BODs

Thai Reinsurance Public Company Limited Executives & BODs
# Name Age
1 Mr. Kitti Wichitsawangwong
Head of Internal Audit Unit
70
2 Natigorn Chutintararuk
Senior Vice President of Actuarial & Special Projects
70
3 Mr. Chatchai Payakarintarangkura
Chief Financial Officer, Chief Accountant and Executive Vice President Accounting, Fin., Budget, PIC, IT, Claims, Legal & Inv.
70
4 Dr. Piyawadee Khovidhunkit
Senior Vice President of Compliance & Enterprise Risk Management
70
5 Ms. Nantinee Chinwanno
Executive Vice President of Business Development & Customer Support
70
6 Ashirawat Rongkacharoenrat
Senior Vice President of Customer Solutions 1 & Special Projects
70
7 Ms. Pojaman Fuangaromya
Executive Vice President of Business Development
70
8 Mr. Wichai Chaochaicharoenkul
Senior Vice President of Human Capital Management & Development and Administration
70
9 Ornsutee Kunanansak
Senior Vice President of International Business & Reinsurance
70
10 Mr. Oran Vongsuraphichet
Chief Executive Officer & Director
70

Thai Reinsurance Public Company Limited Competitors