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Thaire Life Assurance PCL (BKK:THREL) Profitability Rank : 6 (As of Mar. 2024)


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What is Thaire Life Assurance PCL Profitability Rank?

Thaire Life Assurance PCL has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Thaire Life Assurance PCL's Operating Margin % for the quarter that ended in Mar. 2024 was 0.00%. As of today, Thaire Life Assurance PCL's Piotroski F-Score is 4.


Competitive Comparison of Thaire Life Assurance PCL's Profitability Rank

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Thaire Life Assurance PCL's Profitability Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Thaire Life Assurance PCL's Profitability Rank falls into.



Thaire Life Assurance PCL Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Thaire Life Assurance PCL has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Thaire Life Assurance PCL's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 895.529
=0.00 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Thaire Life Assurance PCL has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Thaire Life Assurance PCL Profitability Rank Related Terms

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Thaire Life Assurance PCL (BKK:THREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, No. 48/15 Soi Ratchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

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