Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thai Reinsurance PCLBKK:THRE-R 42 Intrinsic Value: Projected FCF is ฿0.65 as of Jul. 18, 2026, which is 100% below its 10-year median of 1.32. GuruFocus rates BKK:THRE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.45. The stock has 4 warning signs investors should review. Among 395 Insurance companies, Thai Reinsurance PCL ranks better than 64.3% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Thai Reinsurance PCL's Intrinsic Value: Projected FCF or its related term are showing as below:
BKK:THRE-R'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.52 Med: 1.32 Max: 2.54
Current: 0.6
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Thai Reinsurance PCL was 2.54. The lowest was 0.52. And the median was 1.32.
BKK:THRE-R's Price-to-Projected-FCF is ranked better than 64.3% of 395
companies
in the Insurance industry
Industry Median: 0.74
vs BKK:THRE-R: 0.60
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Thai Reinsurance PCL's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
0.39
/
0.67041232567766
=
0.58
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thai Reinsurance PCL Intrinsic Value: Projected FCF Related Terms
Thai Reinsurance PCL Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Thai Reinsurance PCL's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BKK:THRE-R vs RGA, EG, RNR: Intrinsic Value: Projected FCF Comparison
For the Insurance - Reinsurance subindustry, Thai Reinsurance PCL's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thai Reinsurance PCL Price-to-Projected-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Thai Reinsurance PCL's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of ฿0.65 mean?
Thai Reinsurance PCL (BKK:THRE-R) has a Intrinsic Value: Projected FCF of ฿0.65 as of Jul. 18, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Thai Reinsurance PCL and its competitors. This is 51% below median its historical median of 1.32. Over the past decade, Thai Reinsurance PCL's Intrinsic Value: Projected FCF has ranged from 0.52 to 2.54. According to the industry distribution chart, Thai Reinsurance PCL ranks #141 out of 395 companies in the Insurance industry, placing it in the top 35.7%.
Is Thai Reinsurance PCL's Intrinsic Value: Projected FCF too high?
Thai Reinsurance PCL's current Intrinsic Value: Projected FCF of ฿0.65 is 51% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.54. Based on the distribution chart, Thai Reinsurance PCL ranks #141 out of 395 companies in the Insurance industry, which is above the industry midpoint. Overall, Thai Reinsurance PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thai Reinsurance PCL's Intrinsic Value: Projected FCF compare to RGA and EG?
According to the Insurance industry distribution chart, Thai Reinsurance PCL ranks #141 out of 395 companies for Intrinsic Value: Projected FCF. This puts Thai Reinsurance PCL in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.74. Historically, Thai Reinsurance PCL's own Intrinsic Value: Projected FCF has ranged from 0.52 to 2.54 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Insurance company?
The median Intrinsic Value: Projected FCF among Insurance companies is 0.74, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Thai Reinsurance PCL and its competitors. For the Insurance industry, the median Intrinsic Value: Projected FCF is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Reinsurance PCL's current Intrinsic Value: Projected FCF is ฿0.65, which is 51% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Reinsurance PCL stock overvalued right now?
Thai Reinsurance PCL (BKK:THRE-R) has a current Intrinsic Value: Projected FCF of ฿0.65. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.39 — trading 13.3% below its estimated fair value. The current Intrinsic Value: Projected FCF is ฿0.65, which is 51% below median its 10-year median of 1.32. Thai Reinsurance PCL's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Thai Reinsurance PCL (BKK:THRE-R), the current Intrinsic Value: Projected FCF is ฿0.65 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thai Reinsurance PCL (BKK:THRE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Reinsurance PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 13.3% below its estimated GF Value™ of ฿0.45.
Key valuation signals for BKK:THRE-R:
Intrinsic Value: Projected FCF: ฿0.65 (51% below median its 10-year median of 1.32)
GF Value™: ฿0.45 vs. price of ฿0.39 (13.3% below fair value)
No single metric tells the full story. See the BKK:THRE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Reinsurance PCL provides reinsurance for non-life businesses diversify risk, including but not limited to property, personal accident, engineering, and marine and cargo risk. The company provides two main types of reinsurance contracts: facultative reinsurance and treaty reinsurance. Its segments include Motor insurance and Non-motor insurance. The majority of the revenue is derived from Non-motor insurance segment. The group operates in Thailand only.
42GF Score
Get the complete analysis for BKK:THRE-R
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:THRE-R has been successfully added to your 
