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STOCK COMPARISON

Muang Thai Insurance Public Company vs Progressive: Fair Value & Quality

Both stocks run through our valuation models. Here is how Muang Thai Insurance Public Company (MTI) and Progressive (PGR) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Progressive as the less overvalued of the two: Muang Thai Insurance Public Company trades at THB 21.60 versus a fair value of THB 11.23 (-48%), while Progressive trades at $203 versus $160 (-21%).
Muang Thai Insurance Public Company
MTI.BK · THB · Financials
-48%
upside to fair value
overvalued
PriceTHB 21.60
Fair ValueTHB 11.23
Quality49/100
Progressive
PGR · USD · Financials
-21%
upside to fair value
overvalued
Price$203
Fair Value$160
Quality65/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Muang Thai Insurance Public CompanyProgressive
Valuation
12.3×P/E (TTM)10.3×
0.63×P/S (TTM)1.50×
1.54×P/B4.43×
8.8×EV/EBITDA9.3×
n/aPEG35.19×
−48.0%Fair value upside−21.1%
3.8%Dividend yield0.2%
THB 0.81Dividend per share$0.40
Profitability
7%Operating margin16%
0.78×EBIT margin trend (5Y)0.96×
13%Return on equity38%
3%Return on assets8%
Growth
4%Revenue growth (YoY)9%
20.8%Avg. growth/yr (3Y)20.9%
15.1%Avg. growth/yr (5Y)15.5%
−26.8%Value creation/yr+33.4%
Balance & size
499.0×Interest coverage (EBIT/interest)51.2×
n/aDebt / equity0.23×
$381MMarket cap$134B
mixedGrowth qualitymixed

Progressive leads: 5 to 8 metric wins.

n/a = 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.

Muang Thai Insurance Public Companyof which business quality 49 · market factors 81 Progressiveof which business quality 64 · market factors 48
ProfitabilityMargins and returns on capital today
51
61
Quality GrowthAre margins and returns improving?
80
64
CashflowEarnings quality: real cash, not paper profit
30
81
Fin. StrengthBalance sheet, leverage, solvency risk
60
54
InvestmentDisciplined investing over empire-building
84
37
Low VolatilityCalm price path (market factor)
88
87
MomentumPrice trend over the last 3–12 months (market factor)
77
36
52W MomentumDistance to the 52-week high (market factor)
82
26
Net IssuanceShare count: buybacks or dilution?
0
81

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyMuang Thai Insurance Public CompanyPrice THB 21.60ProgressivePrice $203
Dividend Discount-50%below the priceTHB 10.72n/a
Multiples-6%close to the priceTHB 20.38-20%below the price$163
Asset-Based-56%below the priceTHB 9.40-83%below the price$34.90
Economic Profit-37%below the priceTHB 13.51+4%close to the price$211
Minimum-56%below the priceTHB 9.40-83%below the price$34.90
Maximum-6%close to the priceTHB 20.38+4%close to the price$211
Median-44%below the priceTHB 12.11-20%below the price$163
Geometric mean-40%below the priceTHB 12.90-48%below the price$106

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Muang Thai Insurance Public Company: 6 of 6 models see the stock below the current price.

Progressive: 2 of 4 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Muang Thai Insurance Public Company
Price THB 21.60
Fair Value THB 11.23
Bear THB 10.14Bull THB 15.01
Progressive
Price $203
Fair Value $160
Bear $120Bull $200

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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.

Muang Thai Insurance Public Company · Financials

Quality score49 · below median
Fair value upside-48% · bottom 25%

Progressive · Financials

Quality score65 · Top 25%
Fair value upside-21% · below median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Progressive as the less overvalued of the two: Muang Thai Insurance Public Company trades at THB 21.60 versus a fair value of THB 11.23 (-48%), while Progressive trades at $203 versus $160 (-21%).

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

Open Progressive live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.