Thaivivat Holdings Public Company Limited

Thaivivat Holdings Public Company Limited

9.80
THB
0.00
(0.00%)
2.69EPS
4.74P/E
3.03BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
21.26
23.33
24.21
24.84
26.09
Basic EPS, GAAP
0.68
0.93
2.22
1.45
2.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
0.71
0.3
0.43
0.42
0.44
Book Value per Share
5.95
9.13
11.29
14.05
14.41
Tangible Book Value per Share
5.78
8.93
11.06
13.81
14.18
Basic Weighted Avg Shares
300
300
300
301
300
Sales/Revenue/Turnover
6,374
6,994
7,259
7,466
7,822
Operating Margin (%)
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
203
278
666
436
639
Effective Tax Rate (%)
21.19
20.36
19.83
20.51
21.4
Profit Margin (%)
3.19
3.97
9.17
5.84
8.17
Working Capital
- -
- -
- -
- -
- -
LT Debt
3
2
1
2
5
Total Equity
1,813
2,774
3,419
5,093
5,222
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
12.06
21.19
7.65
9.46
Return on Common Equity (%)
- -
12.28
21.75
11.48
15.4

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
8
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
2,743
2,698
3,028

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
6,619
6,095
6,094
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
291
399
456
ST Debt
5
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
48.97%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
-34.53%
Sales/Revenue/Turnover
- -
- -
2.84%
Total Cash Common Dividend
- -
- -
-3.31%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,781
1,783
1,863
1,831
7,259
2025
1,755
1,865
1,971
1,875
7,466
2026
1,944
2,032
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
0.34
0.27
0.21
2.22
2025
0.22
0.46
0.61
0.16
1.45
2026
0.58
0.78
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.39
- -
0.02
0.43
2025
0.01
0.41
- -
- -
0.42
2026
- -
0.44
- -
- -
- -

Company Description

CEO
Jiraphant Asvatanakul
Sector
Finance
Industry
Property/Casualty insurance
Address
Bangkok Thailand
IPO Date
Jul 14, 2023
Business
Thaivivat Holdings Public Company Limited is a Thailand-based holding company engaged primarily in the provision of non-life insurance underwriting, insurance technology services, and investment activities through its operating subsidiaries. The company operates through two core business segments: Non-Life Insurance and InsurTech and Related Services. Its comprehensive product portfolio encompasses motor insurance, including compulsory and voluntary motor coverage, pay-per-use and on-demand motor policies, and electric vehicle insurance; property and fire insurance, including commercial building coverage, industrial risk protection, business interruption, and specialized homeowner plans such as TVI Homie Care covering home structures, electric vehicle chargers, and domestic pets; health and personal accident insurance, comprising individual and group medical coverage, critical illness, cancer protection, student accident plans, and Active Health wellness insurance programs that offer premium discounts linked to physical activity tracking; travel insurance, providing domestic and international travel protection and automated flight delay solutions such as TVI Smart Delay; marine and transportation insurance, including international marine cargo, inland transit, and hull coverage; and miscellaneous liability and engineering insurance, comprising public liability, directors and officers liability, all-risks construction, burglary, fidelity guarantee, and agricultural micro-insurance policies. Through its specialized technology subsidiary, Motor AI Recognition Solution Co., Ltd., the company develops and provides proprietary artificial intelligence software, automated vehicle damage inspection applications, and digital claims processing platforms for automotive and insurance partners. Thaivivat Holdings Public Company Limited serves retail consumers, commercial businesses, and corporate clients across Thailand, while extending its international operations into the Lao People's Democratic Republic through its subsidiary, Laovivat Insurance Co., Ltd. Tracing its operating roots back to the establishment of Thaivivat Insurance in 1951, the company is headquartered in Bangkok, Thailand. In recent corporate developments, the group executed a comprehensive corporate restructuring in July 2023, establishing Thaivivat Holdings Public Company Limited as the ultimate listed holding parent on the Stock Exchange of Thailand via a one-to-one share swap tender offer that replaced Thaivivat Insurance Public Company Limited. In early 2025, Japanese trading conglomerate ITOCHU Corporation entered into a strategic alliance with the group, acquiring a 20 percent equity stake in operating subsidiary Thaivivat Insurance Public Company Limited through a private placement valued at approximately THB 1.03 billion to strengthen capital reserves and accelerate regional market expansion. In addition, the company expanded its InsurTech product offerings by introducing an artificial intelligence-driven vehicle crash detection and emergency assistance system, while broadening lifestyle and digital distribution partnerships with brands such as Garmin and Decathlon.