BKI Holdings (BKIH) Fair Value & Analysis
Financial Services · TH · Market cap 38.7B THB
Fair value as of: Jul 13, 2026
From 6 valuation models · updated 27 days ago
Share price +1.1% over the past month.
A solid business, screening 57% undervalued on our models.
What matters now
- The price is below even our cautious bear case (441.73 THB). The market is more pessimistic than our downside scenario.
- Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (2 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.
How to read this chart
26‑month range 243.26 THB – 375.00 THB · fair‑value band 441.73 THB – 736.21 THB · the 375.00 THB price screens below the 588.97 THB fair value. Dashed = 300-day average. As of Jul 13, 2026.
Analysis
BKI Holdings (BKIH) currently trades at 375.00 THB, while our model-based Fair Value estimate is 588.97 THB, implying the stock looks roughly 57.1% undervalued today. The Quality Score stands at 61/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.
Over the trailing twelve months, BKI Holdings generated revenue of 33.5B THB at a net margin of 10.9%. Revenue grew 8.1% year over year. It earns a return on equity of 12.3%. The stock trades on a trailing P/E of 10.6. Fundamentals as of Jul 13, 2026
Our scenario range runs from 441.73 THB (bear case) to 736.21 THB (bull case); at 375.00 THB, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 1% below its 52-week high and 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 57%, BKIH screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 6 models by family
Widest divergence: Multiples (382.83 THB) versus Asset-Based (188.40 THB). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 57 · Market factors (momentum, volatility) 86
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
BKI Holdings Public Company Limited engages in the provision of non-life insurance in Thailand. It operates through Motor, Non-motor, Total insurance segments, and Others segments.
Full company description
BKI Holdings Public Company Limited engages in the provision of non-life insurance in Thailand. It operates through Motor, Non-motor, Total insurance segments, and Others segments. The company offers travel accident, personal accident, motor, health, property, third party liability, business all risks, engineering, marine and cargo, aviation, transportation, and miscellaneous insurance products, as well as insurance for homes, shops, and business establishments. BKI Holdings Public Company Limited was incorporated in 1947 and is headquartered in Bangkok, Thailand.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2023 – FY2025 · reported fiscal years
BKI Holdings reported revenue of 23.0B THB in FY2025 versus 20.6B THB in FY2023, a compound +5.6%/yr. Reported net income was 3.1B THB in FY2025, compounding +0.3%/yr from FY2023.
Watch BKIH: get an alert when its fair value changes →
Peer Group
Insurance - Diversified · 84 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Insurance - Diversified median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Berkshire Hathaway Inc BRKB | 8,562 MXN | 10,844 MXN | +27% |
| Allianz SE ALV | €421.00 | €369.31 | -12% |
| Zurich Insurance Group ZURN | CHF 624.40 | CHF 619.80 | -1% |
| AXA SA AXAN | 888.28 MXN | 1,249 MXN | +41% |
| Assicurazioni Generali S.p.A G | €42.90 | €12.18 | -72% |
| Sun Life Financial Inc SLF | C$114.20 | C$87.83 | -23% |
| BB Seguridade Participações S.A BBSE3 | R$40.71 | R$60.39 | +48% |
| Tryg A/S TRYG | kr 154.00 | kr 116.45 | -24% |
| PT Sinar Mas Multiartha Tbk SMMA | 20,625 IDR | 4,176 IDR | -80% |
| Caixa Seguridade Participações S.A CXSE3 | R$21.77 | R$18.60 | -15% |
Compare BKI Holdings with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is BKI Holdings (BKIH) overvalued or undervalued?
What is the fair value of BKIH?
What is the quality score of BKIH?
What is the revenue of BKI Holdings (BKIH)?
What is the net profit margin of BKIH?
Does BKI Holdings pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track BKI Holdings and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.