Obermatt

Thanachart Capitale

SET:TCAP · TH0083B10Z02
BanksLarge

360

64
Profit price67
Cash yield73
Price/Sales26
EV / Gross Profit14
Price/Book77
Returns on capital47
Profit margins
Cash Conversion85
Accruals86
Owner Earnings Margin100
Sales growth97
Profit Growth17
Owner Earnings Growth83
Reinvestment17
Price momentum81
Debt load18
Debt serviceability25
Liquidity98
Analyst ratings29
Opinion Changes50
Price Target Upside17
Market mood45
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Thanachart Capitale clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryThailand
IndustryBanks
SizeLarge
TypePublic Company
ExchangeSET
Founded1959
ISINTH0083B10Z02
Last UpdateApr 2, 2026
Themes
Digital BrokerageConsumer LendingInsurtech

Description

Thanachart Capital Public Company Limited is a prominent financial holding company in Thailand. As a comprehensive conglomerate, it operates across various segments, including asset management, securities, life insurance, non-life insurance, hire pu…

Analysis

Hidden champion

Thanachart Capital Public Company Limited fits the profile of a hidden champion, yet the market has not awarded it the premium its quality earns.

On valuation, the picture is attractive. The owner-earnings multiple stands at 7.6×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
40
2023202420252026

All-time high

40

Jun 2026

All-time low

1

Jan 2025

Average rank

21

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
26
3
13
19
Price/Earnings
64
67
64
49
Price/Book
77
76
77
81
Dividend Yield
73
76
82
83
Value (overall)
68
61
63
63

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →