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TQR PCL
SET:TQR

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TQR PCL
SET:TQR
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Price: 4.94 THB Market Closed
Market Cap: ฿1.1B

P/FCFE

10.8
Current
10%
Cheaper
vs 3-y average of 12

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.8
=
Market Cap
฿1.2B
/
Free Cash Flow to Equity
฿105.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.8
=
Market Cap
฿1.2B
/
Free Cash Flow to Equity
฿105.1m

Valuation Scenarios

TQR PCL is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (12), the stock would be worth ฿5.5 (11% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+74%
Average Upside
37%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 10.8 ฿4.94
0%
3-Year Average 12 ฿5.5
+11%
5-Year Average 18.8 ฿8.59
+74%
Industry Average 15.2 ฿6.93
+40%
Country Average 13.4 ฿6.14
+24%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
TH
TQR PCL
SET:TQR
1.1B THB 10.8 11.2
US
Marsh & McLennan Companies Inc
NYSE:MMC
84.8B USD 7.8 20.5
IE
Aon PLC
NYSE:AON
66.7B USD 94.6 18.4
US
Arthur J Gallagher & Co
NYSE:AJG
53B USD 49 36.4
US
Arthur J. Gallagher & Co.
SWB:GAH
24.5B EUR 25.8 19.2
UK
Willis Towers Watson PLC
NASDAQ:WTW
24.4B USD 10.7 15.5
US
Brown & Brown Inc
NYSE:BRO
20.2B USD 4 19
US
Reliance Global Group Inc
NASDAQ:RELI
9.8B USD -1 179.3 -1 405.3
US
Ryan Specialty Group Holdings Inc
NYSE:RYAN
9.2B USD 18.9 144.6
IN
PB Fintech Ltd
NSE:POLICYBZR
763.2B INR -198.7 131.4
US
Hagerty Inc
NYSE:HGTY
3.5B USD 13.8 89.9

Market Distribution

In line with most companies in Thailand
Percentile
38th
Based on 285 companies
38th percentile
10.8
Low
0.1 — 8.8
Typical Range
8.8 — 20
High
20 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 8.8
Median 13.4
70th Percentile 20
Max 1 747

TQR PCL
Glance View

Market Cap
1.1B THB
Industry
Insurance

TQR Public Co., Ltd. is engaged in insurance business. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2021-02-17. The firm operates through three segments: Traditional Business, Alternatives Business and Other Business. Its offered services include treaty insurance, facultative reinsurance and total services. The firm provides services to insurers that encompass the risk management of insurance portfolios and the appropriate risk transfer to the reinsurance market. The company offers treaty reinsurance arrangements ranging from proportional reinsurance agreements, quota share and surplus, to non-proportional reinsurance agreements, working excess of loss and catastrophe excess of loss for its clients meeting their needs for capacity and security and bringing them into a relationship with reinsurers. Its facultative reinsurance services are offered for large infrastructure projects. Its total service includes consultancy activities.

TQR Intrinsic Value
5.12 THB
Undervaluation 3%
Intrinsic Value
Price ฿4.94
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