1. Thailand Stocks

  2. •

    Finance

  3. •

    Property/Casualty insurance
Muang Thai Insurance Public Co., Ltd.

Muang Thai Insurance Public Co., Ltd.

20.80
THB
+0.20
(+0.97%)
1.77EPS
9.01P/E
9.38BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.19
11.77
13.59
15.13
15.4
15.34
15.42
16.78
17.42
19.19
21.38
29.94
37.63
38.31
Basic EPS, GAAP
1.31
1.45
1.57
1.07
1.05
0.7
0.72
1
1.3
1.37
1.11
2.54
1.62
1.77
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.52
0.58
0.63
0.43
0.43
0.28
0.29
0.45
0.52
0.62
0.5
0.8
- -
Book Value per Share
6.13
7.02
7.74
8.4
9.08
8.92
9.44
9.2
10.18
10.69
11.16
13.08
14.03
14.9
Tangible Book Value per Share
4.88
5.77
6.5
7.18
7.88
7.72
8.18
7.91
8.87
9.39
9.85
11.7
12.57
13.43
Basic Weighted Avg Shares
590
590
590
590
590
590
590
590
590
590
590
590
590
590
Sales/Revenue/Turnover
6,600
6,946
8,021
8,931
9,086
9,058
9,096
9,893
10,275
11,320
12,616
17,667
22,201
22,606
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
772
856
928
633
618
416
426
591
767
810
655
1,501
958
1,041
Effective Tax Rate (%)
24.63
18.25
17.36
19.36
17.24
17.32
20.5
21.33
21.02
20.19
21.67
20.19
18.85
19.13
Profit Margin (%)
11.7
12.32
11.57
7.09
6.81
4.59
4.68
5.97
7.47
7.16
5.2
8.5
4.31
4.61
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
51
76
37
138
93
88
113
Total Equity
3,618
4,143
4,565
4,956
5,358
5,265
5,568
5,429
6,005
6,305
6,584
7,719
8,279
8,790
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
20.3
22.05
21.31
13.3
11.99
7.82
7.86
10.73
13.31
13.05
10.03
20.62
11.83
12.61
Return on Common Equity (%)
23.27
22.05
21.31
13.3
11.99
7.82
7.86
10.75
13.42
13.16
10.17
20.99
11.97
12.77

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
19
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
88
103
113
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
590
590
590
Market Capitalization
9,204
8,909
9,381

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
16,278
17,518
17,789
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
816
696
485
ST Debt
19
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.27%
8.91%
7.26%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
8.35%
21.84%
-36.22%
Sales/Revenue/Turnover
11.31%
18.24%
25.66%
Total Cash Common Dividend
- -
26.11%
60%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,711
4,336
4,395
3,542
17,667
2025
4,821
5,017
4,998
7,365
22,201
2026
4,994
5,249
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.73
0.8
0.69
0.03
2.54
2025
0.33
0.66
0.53
0.11
1.62
2026
0.47
0.66
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.8
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nualphan Lamsam
Full Time Employees
302
Sector
Finance
Industry
Property/Casualty insurance
Address
252 Rajadapisek Road Bangkok BM Thailand 10310
IPO Date
Jun 23, 2008
Website
muangthaiinsurance.com
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Business
Muang Thai Insurance Public Company Limited operates as a leading non-life insurance provider in Thailand, offering a comprehensive portfolio of insurance products and services. The company’s core offerings encompass motor insurance, including coverage for car crashes, collisions, theft, and natural disasters; non-motor insurance products such as property, marine and transportation, fire, engineering, personal accident and health, special, liability, travel, and commercial insurance. Additionally, Muang Thai Insurance engages in financial and investment management across various securities. Founded in 1932 and headquartered in Bangkok, the company serves both individual and commercial clients within Thailand. In recent developments, Muang Thai Insurance has enhanced its digital transformation initiatives, implementing advanced data processing systems to comply with evolving accounting standards such as TFRS 17, which impacts insurance income and expense recognition. The company also emphasizes sustainability in its operations with active ESG policies that integrate environmental, social, and governance dimensions to support long-term value creation. Financially, Muang Thai Insurance reported an increase in revenue and net income for the year ending 2024, reflecting growth and operational strength. The company continues to expand its product offerings with new travel insurance plans and maintains strategic advances in online customer service platforms. Muang Thai Insurance operates primarily within Thailand’s insurance market, targeting various segments including private vehicle owners, property owners, businesses, and travelers. It upholds a commitment to comprehensive coverage tailored to diverse risk needs while focusing on digital innovation and sustainability to secure competitive positioning. Its longstanding market presence and continuous operational enhancements reinforce its status as a key player in the Thai non-life insurance sector.