Thai Reinsurance PCLBKK:THRE-R 42 Net Margin % is 13.75% as of Mar. 2026, which is 950% above its 10-year median of 1.31. GuruFocus rates BKK:THRE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.48. The stock has 3 warning signs investors should review. Among 501 Insurance companies, Thai Reinsurance PCL ranks worse than 73.05% on this metric.
The historical rank and industry rank for Thai Reinsurance PCL's Net Margin % or its related term are showing as below:
BKK:THRE-R'
s Net Margin % Range Over the Past 10 Years
Min: -27.19 Med: 1.31 Max: 8.3
Current: 4.5
BKK:THRE-R's Net Margin % is ranked worse than 73.05% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs BKK:THRE-R: 4.50
Thai Reinsurance PCL (BKK:THRE-R) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Thai Reinsurance PCL Net Margin % Related Terms
Thai Reinsurance PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for Thai Reinsurance PCL's Net Margin % 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: Net Margin % Comparison
For the Insurance - Reinsurance subindustry, Thai Reinsurance PCL's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Thai Reinsurance PCL's Net Margin % falls into.
* 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 (BKK:THRE-R) has a Net Margin % of 13.75% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thai Reinsurance PCL and its competitors. This is 950% above median its historical median of 1.31. According to the industry distribution chart, Thai Reinsurance PCL ranks #366 out of 501 companies in the Insurance industry, placing it in the top 73.1%.
Is Thai Reinsurance PCL's Net Margin % too high?
Thai Reinsurance PCL's current Net Margin % of 13.75% is 950% above median its 10-year median of 1.31. The Insurance industry median Net Margin % is 9.29. Thai Reinsurance PCL's value of 13.75% is 48% above this industry median. Based on the distribution chart, Thai Reinsurance PCL ranks #366 out of 501 companies in the Insurance industry, which is below 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 Net Margin % compare to RGA and EG?
According to the Insurance industry distribution chart, Thai Reinsurance PCL ranks #366 out of 501 companies for Net Margin %. This places Thai Reinsurance PCL in the lower half of its industry. The industry median Net Margin % is 9.29. Thai Reinsurance PCL's value of 13.75% is 48% above this benchmark. While the company's 10-year median is 1.31 vs. the industry median of 9.29, Thai Reinsurance PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Reinsurance PCL's current Net Margin % of 13.75% is 48% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Thai Reinsurance PCL and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Reinsurance PCL's current Net Margin % is 13.75%, which is 950% above median its own 10-year median of 1.31. 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 Net Margin % of 13.75%. The stock's GF Value™ is ฿0.48, compared to a current price of ฿0.39 — trading 18.8% below its estimated fair value. The current Net Margin % is 13.75%, which is 950% above median its 10-year median of 1.31 and 48% above the Insurance industry median of 9.29. Thai Reinsurance PCL's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Thai Reinsurance PCL (BKK:THRE-R), the current Net Margin % is 13.75% as of Mar. 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 18.8% below its estimated GF Value™ of ฿0.48.
Key valuation signals for BKK:THRE-R:
Net Margin %: 13.75% (950% above median its 10-year median of 1.31)
GF Value™: ฿0.48 vs. price of ฿0.39 (18.8% below fair value)
Industry Position: 48% above the Insurance median (#366 of 501)
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
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