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Thai Life Insurance Public Company Limited (TLI.BK)

THB11.60 -0.20 (-1.69%)
TH SET Financial Services Insurance - Life
Address Thai Life Insurance Building 10400
Bangkok, TH
CEO Chai Chaiyawan
IPO 2022-07-25
ISIN THA848010007

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Description

Operating within Thailand, Thai Life Insurance Public Company Limited offers a diverse array of life insurance products and services. Its comprehensive portfolio includes coverage for life, retirement planning, investment-linked policies, retail consumers, health, accidents, critical illnesses, and specialized schemes for children and the elderly. The company also provides tailored solutions for savings, tax benefits, and inheritance planning. These services are made available through a wide network of distribution channels, such as commercial and government banking institutions, leasing and hire-purchase firms, consumer finance partnerships, direct marketing initiatives, group employee benefits programs, and digital platforms. Established in 1942, the company maintains its headquarters in Bangkok, Thailand. Thai Life Insurance Public Company Limited (SET:TLI) functions as a subsidiary of V.C. Property Co., Ltd.

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
THB11.60 -0.20 (-1.69%)
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Volume Profile
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Liquidity & share structure
Average Volume
17M
Beta
0.19
Float Shares
3.94B
Free Float %
34.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +7.48% +7.48% -2.54% +16.16% +15.58% -4.17% -2.54% -28.13% -28.13% -28.13%
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
11.60
DCF (Unlevered) 8.85 -23.7%
DCF (Levered) 4.26 -63.3%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.81
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Insurance - Life: +10.6%
    -49.1% Q1'26: +4.0% (vs Q1'25)
  • EPS growth Insurance - Life: +13.4%
    +2.0% Q1'26: +26.1% (vs Q1'25)
  • FCF margin FCF growth · Insurance - Life: +31.7%
    +21.4% Q1'26: +17.5% (vs Q1'25)
  • EBIT margin Insurance - Life: +12.4%
    +26.5% Q1'26: +29.0% (vs Q1'25)
  • ROIC Insurance - Life: +1.0%
    +8.1% Q1'26: -2.9% (vs Q1'25)
  • Share dilution Insurance - Life: +0.4%
    +0.0% Q1'26: -3.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Insurance - Life: -1.05×
    0.00× Q1'26: 0.00× (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 (0.16) × ERP
WACC = 100% × Ke + 0% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.09 Current price: 11.60
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 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
3 EPS Ana.
Revenue
107.51B
est: 103.34B (+4.0%)
108.19B
est: 108.96B (-0.7%)
109.00B
est: 98.01B (+11.2%)
55.48B
est: 55.86B (-0.7%)
43.93B
43.93B – 43.93B
-21.4% YoY
45.30B
45.30B – 45.30B
+3.1% YoY
46.98B
46.98B – 46.98B
+3.7% YoY
EBITDA
11.42B
est: 11.16B (+2.3%)
12.01B
est: 15.61B (-23.1%)
14.58B
est: 14.04B (+3.9%)
14.72B
est: 8.00B (+83.9%)
6.29B
6.29B – 6.29B
-21.4% YoY
6.49B
6.49B – 6.49B
+3.1% YoY
6.73B
6.73B – 6.73B
+3.7% YoY
EBIT
11.42B
est: 11.16B (+2.3%)
12.01B
est: 15.61B (-23.1%)
14.58B
est: 14.04B (+3.9%)
14.72B
est: 8.00B (+83.9%)
6.29B
6.29B – 6.29B
-21.4% YoY
6.49B
6.49B – 6.49B
+3.1% YoY
6.73B
6.73B – 6.73B
+3.7% YoY
Net Income
9.27B
est: 9.61B (-3.6%)
9.71B
est: 10.04B (-3.3%)
11.68B
est: 10.80B (+8.2%)
11.88B
est: 12.10B (-1.8%)
12.23B
12.23B – 12.23B
+1.1% YoY
13.06B
11.42B – 14.26B
+6.8% YoY
13.84B
11.87B – 14.55B
+6.0% YoY
SGA
3.57B
est: 3.20B (+11.6%)
3.54B
est: 2.78B (+27.0%)
3.48B
est: 2.50B (+39.0%)
est: 1.43B (-100.0%)
1.12B
1.12B – 1.12B
-21.4% YoY
1.16B
1.16B – 1.16B
+3.1% YoY
1.20B
1.20B – 1.20B
+3.7% YoY
EPS
0.84
est: 0.84 (+0.0%)
0.85
est: 0.88 (-3.1%)
1.02
est: 0.94 (+8.2%)
1.04
est: 1.06 (-1.6%)
1.07
1.07 – 1.07
+1.1% YoY
1.12
1.00 – 1.25
+4.8% YoY
1.18
1.04 – 1.27
+5.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 B 3/5 3/5 3/5 4/5 1/5 3/5 3/5
2026-05-19 B 3/5 3/5 3/5 4/5 1/5 3/5 3/5
2026-05-18 B 3/5 3/5 3/5 4/5 1/5 3/5 3/5
2026-05-15 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-14 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-13 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-12 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-11 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-08 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-07 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-06 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-05-05 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-30 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-29 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-28 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-27 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-24 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-23 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-22 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-21 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-20 B+ 3/5 3/5 3/5 5/5 1/5 3/5 4/5
2026-04-17 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 4/5 3/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.73B
OE per share TTM
0.16
Owner's Yield
1.34%
Maintenance CapEx ratio
20.75%
Maint CapEx / Avg PPE
2.6%

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 Held by 26 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard Emerging Markets Ex-China ETF VEXC 0.01% 17.6K 0.07%
2 WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L 0.01% 14.8K 0.46%
3 WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L 0.01% 14.8K 0.46%
4 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.01% 323.2K 0.17%
5 Vanguard FTSE Emerging Markets UCITS ETF (USD) Accumulating VFEA.L 0.01% 323.2K 0.17%
6 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.01% 78.1K 0.48%
7 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.01% 176.1K 0.26%
8 Vanguard FTSE Emerging Markets ETF VWO 0.01% 8.69M 0.06%
9 Vanguard International High Dividend Yield ETF VYMI 0.00% 641.5K 0.07%
10 Vanguard ESG International Stock ETF VSGX 0.00% 119.6K 0.10%

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
3.02M
Shares Outstanding
11.45B

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
Varang Chaiyawan Deputy Chief Executive Officer & Director 927.3K female
Chai Chaiyawan Chief Executive Officer & Director 927.3K male
Hsi-Ling Yang Chief Actuary & Chief Financial Officer male
Kean Hin Lim President male
Kesinee Rattanapoka Vice President of Accounting female
Pawichat Prasertsit Executive Vice President
Valya Kruatrachue Senior Vice President of Investor Relations Office female
Boonsin Thungudom Senior Executive Vice President male
Winyou Chaiyawan Deputy Chief Executive Officer & Executive Director male
Chitpong Niruchtapun Vice President & Head of the Compliance Department male
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