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STOCK COMPARISON

Indara Insurance Public Company vs Progressive: Fair Value & Quality

Both stocks run through our valuation models. Here is how Indara Insurance Public Company (INSURE) and Progressive (PGR) compare, as of Aug 11, 2026.

As of Aug 11, 2026, Fair Value Calculator sees Progressive as the more attractively valued of the two: Indara Insurance Public Company trades at THB 49.50 versus a fair value of THB 24.12 (-51%), while Progressive trades at $215 versus $253 (+17%).
Indara Insurance Public Company
INSURE.BK · THB · Financials
-51%
upside to fair value
overvalued
PriceTHB 49.50
Fair ValueTHB 24.12
Quality44/100
Progressive
PGR · USD · Financials
+17%
upside to fair value
undervalued
Price$215
Fair Value$253
Quality65/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Indara Insurance Public CompanyProgressive
Valuation
22.5×P/E (TTM)11.7×
0.10×P/S (TTM)1.50×
0.40×P/B4.43×
EV/EBITDA9.3×
2.43×PEG35.19×
Dividend yield0.2%
Dividend per share$0.40
Profitability
0%Net margin13%
-10%Operating margin16%
2%Return on equity38%
0%Return on assets8%
Growth
8%Revenue growth (YoY)9%
23.9%Avg. growth/yr (3Y)20.9%
80.2%Avg. growth/yr (5Y)15.5%
Balance & size
Debt / equity0.23×
$18MMarket cap$134B
healthyGrowth qualitymixed

Progressive leads: 5 to 6 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Indara Insurance Public Companyof which business quality 47 · market factors 24 Progressiveof which business quality 64 · market factors 58
ProfitabilityMargins and returns on capital today
41
61
Quality GrowthAre margins and returns improving?
66
64
CashflowEarnings quality: real cash, not paper profit
67
81
Fin. StrengthBalance sheet, leverage, solvency risk
33
54
InvestmentDisciplined investing over empire-building
69
37
Low VolatilityCalm price path (market factor)
64
88
MomentumPrice trend over the last 3–12 months (market factor)
10
48
52W MomentumDistance to the 52-week high (market factor)
0
41
Net IssuanceBuybacks instead of dilution
8
81

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Indara Insurance Public Company

Dividend DiscountTHB 134
MultiplesTHB 27.83
Asset-BasedTHB 85.94
Economic ProfitTHB 78.86

2 of 6 models see the stock below the current price.

Progressive

Multiples$163
Asset-Based$34.90
Economic Profit$211

3 of 4 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Indara Insurance Public Company
Bear THB 18.09Fair Value THB 24.12Bull THB 30.15
THB 49.50 = current price (white tick)
Progressive
Bear $189Fair Value $253Bull $316
$215 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Indara Insurance Public Company · Financials

Quality score44 · bottom 25%
Fair value upside-51% · bottom 25%

Progressive · Financials

Quality score65 · Top 25%
Fair value upside+17% · above median

Bottom line

As of Aug 11, 2026, Fair Value Calculator sees Progressive as the more attractively valued of the two: Indara Insurance Public Company trades at THB 49.50 versus a fair value of THB 24.12 (-51%), while Progressive trades at $215 versus $253 (+17%).

Progressive has the higher quality score (65/100).

See the full analysis →

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A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.