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Muang Thai Insurance Public Company (MTI) Fair Value & Analysis

Financial Services · TH · Market cap 9.1B THB

MT Muang Thai Insurance Public Company MTI · BK
Price15.80 THB
Fair Value21.10 THB
Upside+33.5%
Quality95/100
Evidence: High Range 15.82 THB – 26.37 THB

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price +3.9% over the past month.

Price vs Fair Value (12 months)

16.89 THB 13.97 THB Fair Value 21.10 THB Jun 2025 Jun 2026

12‑month range 13.97 THB – 16.89 THB · fair‑value band 15.82 THB – 26.37 THB · the 15.80 THB price screens below the 21.10 THB fair value. As of Jun 26, 2026.

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Analysis

Muang Thai Insurance Public Company (MTI) currently trades at 15.80 THB, while our model-based Fair Value estimate is 21.10 THB — implying the stock looks roughly 33.5% undervalued today. We read business quality at 95/100 (high 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: high) — always confirm before acting.

Over the trailing twelve months, Muang Thai Insurance Public Company generated revenue of 20.1B THB at a net margin of 5.2%. Revenue grew 3.5% year over year. It earns a return on equity of 12.8%. The balance sheet holds a net cash position of 473M THB. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 20.1B THB
Revenue growth (YoY) +3.5%
Net margin 5.2%
Return on equity 12.8%
Free cash flow 365M THB FY2025
P/E ratio 8.8
More key figures
Operating margin 6.6%
EPS (TTM) 1.76 THB
Dividend yield 5.3%
EPS growth (YoY) +43.1%
Net cash 473M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Muang Thai Insurance Public Company Limited provides non-life insurance products and services in Thailand. It operates through two segments: Insurance, and Investment and Others. The company offers motor insurance that includes car; and non-motor products, such as property; marine and transportation consist of marine hull, marine cargo, and marine liability insurance that covers sea, air, and domestic transportation; fire; engineering; personal accident; health; special; liability; and miscellaneous insurance products, as well as travel and commercial insurance products. It also engages in financial and investment management in various securities. The company provides its services online. Muang Thai Insurance Public Company Limited was founded in 1932 and is based in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Muang Thai Insurance Public Company reported revenue of 19.9B THB in FY2025 versus 10.3B THB in FY2021, a compound +18.0%/yr. Reported net income was 958M THB in FY2025, compounding +5.7%/yr from FY2021.

Revenue +18.0%/yr
FY21 10.3B THB
FY22 11.3B THB
FY23 12.6B THB
FY24 13.8B THB
FY25 19.9B THB
Net income +5.7%/yr
FY21 767M THB
FY22 810M THB
FY23 655M THB
FY24 754M THB
FY25 958M THB

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The Progressive Corporation PGR $207.38 $335.04 +62%
Tokio Marine Holdings TKOMF $45.59 $41.60 -9%
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The Allstate Corporation ALL $222.56 $445.12 +100%
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Frequently asked questions

Is Muang Thai Insurance Public Company (MTI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 21.10 THB versus a price of 15.80 THB — about +34% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MTI?
Our 21-model fair value for Muang Thai Insurance Public Company is 21.10 THB (as of Jun 26, 2026), built from audited fundamentals. The current price is 15.80 THB.
What is the quality score of MTI?
Muang Thai Insurance Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Muang Thai Insurance Public Company (MTI)?
Muang Thai Insurance Public Company reported trailing-twelve-month revenue of about 20.1B THB (latest available figure, as of Jun 26, 2026).
What is the net profit margin of MTI?
The net profit margin of Muang Thai Insurance Public Company is about 5.2%, meaning it keeps roughly 5.2% of revenue as net income. Based on the latest reported figures.
Does Muang Thai Insurance Public Company pay a dividend?
Muang Thai Insurance Public Company currently shows a dividend yield of about 5.26% relative to its recent price (as of Jun 26, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.