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Thaire Life Assurance Public Company Limited (THREL.BK)

THB0.99 +0.00 (+0.00%)
TH SET Financial Services Insurance - Reinsurance
Address No. 48/15 Soi Ratchadapisek 20 10310
Bangkok, TH
CEO Vipon Vorasowharid
IPO 2013-10-09
ISIN TH4846010007

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Description

Thaire Life Assurance Public Company Limited is a specialist provider of life reinsurance solutions, serving a variety of life insurance carriers throughout Thailand. Its business operations are structured into two distinct divisions: conventional and non-conventional product offerings. Beyond its core reinsurance activities, the company also delivers a comprehensive suite of services, including market research and analytical insights, strategic marketing planning, product innovation and development, creation of new distribution channels, expert medical underwriting consultation, and efficient claims administration. The firm was established in 2000 and maintains its headquarters in Bangkok, Thailand.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
THB0.99 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
141.7K
Beta
0.11
Float Shares
606.48M
Free Float %
97.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.98% +3.00% +3.00% -11.21% -2.83% +0.00% -28.47% -76.43% -69.07% -89.03% -89.25%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.99
DCF (Unlevered) 1.23 +23.9%
DCF (Levered) 3.56 +259.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.00
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Insurance - Reinsurance: +19.7%
    -42.6% Q1'26: -16.6% (vs Q1'25)
  • EPS growth Insurance - Reinsurance: +47.7%
    +14.3% Q1'26: +12.5% (vs Q1'25)
  • FCF margin FCF growth · Insurance - Reinsurance: +7.0%
    -3.0% Q1'26: +0.4% (vs Q1'25)
  • EBIT margin Insurance - Reinsurance: +13.4%
    -3.7% Q1'26: -19.4% (vs Q1'25)
  • ROIC Insurance - Reinsurance: +4.0%
    -20.3% Q1'26: -84.0% (vs Q1'25)
  • Share dilution Insurance - Reinsurance: +0.2%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Insurance - Reinsurance: 0.00×
    -0.09× Q1'26: -0.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.11) × ERP
WACC = 99% × Ke + 1% × Kd (5.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.23 Current price: 0.99
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
1.88B
est: 1.19B (+59.0%)
2.05B
est: 1.46B (+40.4%)
2.18B
est: 1.40B (+55.8%)
2.43B
est: 2.41B (+0.7%)
2.39B
est: 324.00M (+637.6%)
2.33B
est: 304.00M (+666.8%)
2.80B
est: 332.00M (+741.9%)
2.98B
est: 2.81B (+6.2%)
3.38B
est: 3.26B (+3.7%)
4.53B
est: 3.57B (+27.0%)
2.60B
est: 5.12B (-49.3%)
5.63B
5.63B – 5.63B
+10.0% YoY
6.03B
6.03B – 6.03B
+7.0% YoY
2.83B
2.83B – 2.83B
-53.1% YoY
EBITDA
478.11M
est: 37.80M (+1,164.7%)
390.00M
est: 46.58M (+737.3%)
542.23M
est: 44.65M (+1,114.5%)
310.02M
est: 76.91M (+303.1%)
232.00M
est: 10.34M (+2,144.6%)
142.70M
est: 9.70M (+1,371.5%)
113.08M
est: 10.59M (+967.7%)
181.57M
est: 89.68M (+102.5%)
71.50M
est: 104.00M (-31.3%)
-109.34M
est: 43.44M (-351.7%)
-97.11M
est: 62.41M (-255.6%)
68.65M
68.65M – 68.65M
+10.0% YoY
73.45M
73.45M – 73.45M
+7.0% YoY
34.44M
34.44M – 34.44M
-53.1% YoY
EBIT
478.11M
est: 37.80M (+1,164.7%)
390.00M
est: 46.58M (+737.3%)
542.23M
est: 44.65M (+1,114.5%)
310.02M
est: 76.91M (+303.1%)
232.00M
est: 10.34M (+2,144.6%)
142.70M
est: 9.70M (+1,371.5%)
113.08M
est: 10.59M (+967.7%)
181.57M
est: 89.68M (+102.5%)
71.50M
est: 104.00M (-31.3%)
-109.34M
est: 43.44M (-351.7%)
-97.11M
est: 62.41M (-255.6%)
68.65M
68.65M – 68.65M
+10.0% YoY
73.45M
73.45M – 73.45M
+7.0% YoY
34.44M
34.44M – 34.44M
-53.1% YoY
Net Income
388.67M
est: 390.00M (-0.3%)
321.75M
est: 324.00M (-0.7%)
435.68M
est: 492.00M (-11.4%)
253.47M
est: 318.00M (-20.3%)
194.26M
est: 192.00M (+1.2%)
121.43M
est: 168.00M (-27.7%)
98.50M
est: 174.00M (-43.4%)
153.10M
est: 192.00M (-20.3%)
62.11M
est: 85.40M (-27.3%)
-84.63M
est: -37.20M (-127.5%)
-76.57M
est: -62.00M (-23.5%)
6.20M
6.20M – 6.20M
+110.0% YoY
31.00M
31.00M – 31.00M
+400.0% YoY
43.40M
43.40M – 43.40M
+40.0% YoY
SGA
25.28M
est: 22.15M (+14.1%)
22.84M
est: 27.29M (-16.3%)
29.07M
est: 26.16M (+11.2%)
41.53M
est: 45.06M (-7.8%)
49.53M
est: 6.06M (+717.8%)
48.41M
est: 5.68M (+752.0%)
47.17M
est: 6.21M (+660.2%)
60.25M
est: 52.54M (+14.7%)
64.12M
est: 60.93M (+5.2%)
75.40M
est: 51.83M (+45.5%)
est: 74.46M (-100.0%)
81.90M
81.90M – 81.90M
+10.0% YoY
87.63M
87.63M – 87.63M
+7.0% YoY
41.09M
41.09M – 41.09M
-53.1% YoY
EPS
0.64
est: 0.63 (+1.7%)
0.53
est: 0.52 (+1.4%)
0.72
est: 0.79 (-9.3%)
0.42
est: 0.51 (-18.1%)
0.32
est: 0.31 (+3.3%)
0.20
est: 0.27 (-26.2%)
0.16
est: 0.28 (-43.0%)
0.25
est: 0.31 (-19.3%)
0.10
est: 0.14 (-27.4%)
-0.14
est: -0.06 (-133.3%)
-0.12
est: -0.10 (-20.0%)
0.01
0.01 – 0.01
+110.0% YoY
0.05
0.05 – 0.05
+400.0% YoY
0.07
0.07 – 0.07
+40.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 B- 2/5 5/5 1/5 1/5 4/5 1/5 2/5
2026-05-12 B- 2/5 5/5 1/5 1/5 4/5 1/5 2/5
2026-05-11 B- 2/5 5/5 1/5 1/5 4/5 1/5 2/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 3/5 1/5 2/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-17.89M
OE per share TTM
-0.03
Owner's Yield
-2.80%
Maintenance CapEx ratio
93.29%
Maint CapEx / Avg PPE
1.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-971.1K
Shares Outstanding
620.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vipon Vorasowharid MD & Director 150.0K male
Navadee Ruangrattanametee Senior Vice President of Business Development 1 46.9K female
Nutchakorn Suwansathit Senior Vice President of Business Development 2 46.9K female
Duangnapa Kanchanawongwut Senior Vice President of Investment 20.0K female
Phanida Arkad-Amnuay Head of Internal Audit Unit female
Sirin Dhumma-Upakorn Snr. Vice President of Acc., Finance., Ope, Control, Budgt, Admin., Enterprise Risk, Chief Financial Officer, Sec. and Head of IR female
Surachate Jarasphetcharanun Head of Compliance Unit male
Pakamol Surakulkawin Senior Vice President - Investment female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits