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    Multi-line insurance
Allianz Ayudhya Capital Public Co., Ltd.

Allianz Ayudhya Capital Public Co., Ltd.

42.00
THB
+0.25
(+0.60%)
7.53EPS
5.31P/E
15.57BMarket Cap
Allianz Ayudhya Capital Public Co., Ltd.
SET:AYUD.R
(Stock Exchange of Thailand)

Recent

price

42.00

P/E

ratio

5.31

div

yld

5.52%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
7.08
8.95
8.67
9.44
14.88
9.78
9.89
8.73
8.8
11.42
11.33
11.16
18.03
22.4
24.12
31.51
34.87
Revenue per Share
1.29
-1.82
0.38
2.36
7.45
2.71
2.46
1.85
2.75
0.53
1.63
3.16
2.58
2.4
6.42
6.67
7.53
Basic EPS, GAAP
0.62
0.83
-4.39
4.79
1.3
-0.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
1
1.2
0.5
1.08
2.1
2.5
2
1.75
0.81
0.81
1.5
1.54
5.91
1.16
2.57
2.32
2.32
Dividend per Share
22.24
18.8
19.72
19.91
27.11
28.12
28.17
30.78
31.27
46.1
46.4
42.19
30.47
26.65
31.74
37.65
37.64
Book Value per Share
21.71
18.31
19.25
19.51
26.75
27.78
27.87
30.51
31.09
44.55
44.89
40.67
25.07
21.03
25.97
31.86
31.59
Tangible Book Value per Share
250
250
250
250
250
250
250
250
273
356
388
389
389
389
389
389
389
Basic Weighted Avg Shares
1,770
2,239
2,169
2,359
3,719
2,446
2,474
2,181
2,403
4,066
4,390
4,344
7,019
8,721
9,388
12,268
13,575
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
28
39
39
39
41
37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
322
-455
95
590
1,862
677
615
463
750
190
631
1,230
1,005
933
2,501
2,596
2,931
Net Income, GAAP
8.46
- -
33.27
10.85
16
8.27
6.84
4.54
5.91
7.64
- -
0.06
4.16
8.71
1.33
0.99
2.9
Effective Tax Rate (%)
18.17
-20.33
4.38
25
50.06
27.68
24.87
21.22
31.22
4.66
14.37
28.31
14.32
10.7
26.64
21.16
21.59
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
178
170
149
194
122
92
122
LT Debt
5,561
4,700
4,930
4,978
6,777
7,030
7,042
7,694
9,268
17,745
18,061
16,424
11,859
10,374
12,356
14,655
14,654
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
5.83
- -
1.97
11.91
31.68
9.81
8.74
6.28
8.85
1.4
- -
7.09
7.05
8.29
21.69
19.05
20.75
Return on Capital (%)
5.83
-8.87
1.97
11.91
31.68
9.81
8.74
6.28
8.85
1.4
3.53
7.13
7.1
8.39
22
19.22
20.91
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
42
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
92
124
122
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
389
389
389
Market Capitalization
13,722
14,403
15,571

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
8,463
8,834
8,461
Accounts Receivable, Net
253
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
195
407
265
ST Debt
42
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.15%
-2.33%
18.61%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
42.76%
48.25%
3.81%
Sales/Revenue/Turnover
19.98%
24.62%
30.68%
Total Cash Common Dividend
36.84%
63.69%
-9.73%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,190
2,196
2,408
2,326
9,388
2025
2,217
2,504
3,064
5,743
12,268
2026
2,181
2,586
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.39
2.11
1.26
0.46
6.42
2025
1.82
2.02
1.84
0.98
6.67
2026
2.27
2.43
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.67
0.81
0.09
2.57
2025
- -
1.67
0.59
0.06
2.32
2026
- -
1.67
- -
- -
- -
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Business
Allianz Ayudhya Capital Public Company Limited (AYUD.BK) is a Thailand-based investment holding company primarily engaged in the non-life insurance sector through its subsidiaries and associates. The company operates through three main segments: Non-Life Insurance Business, Investment Business, and Service Business; its core offerings include fire insurance, marine and transportation insurance, motor insurance, health and personal accident insurance, and miscellaneous lines such as property, liability, engineering, and personal protection coverage. Through its subsidiary Allianz Ayudhya General Insurance Public Company Limited, it provides these non-life products to individual and corporate customers; its associate Allianz Ayudhya Assurance Public Company Limited offers complementary life insurance solutions including accident, children's, savings, retirement, and group coverage; additionally, the company delivers health services and engages in investment activities focused on insurance-related assets. Founded in 1950 and headquartered in Bangkok at Ploenchit Tower, the company serves over 1.9 million customers predominantly in Thailand, targeting personal, commercial, and institutional markets across property & casualty and health segments. It maintains a strategic partnership with Allianz SE, which became its largest shareholder following a deepened alliance in 2018-2019 that involved business transfers, stake increases, and a name change from Sri Ayudhya Capital Public Company Limited in April 2019. In recent developments, the company pursued expansion in the health insurance market with a proposed acquisition of Aetna Thailand in 2022 to broaden its client base, distribution channels, and market share while enhancing scale and diversification.