Thai Nondestructive Testing (TNDT-R) Stock Overview

A technical service company, provides nondestructive engineering services in Thailand. More details

TNDT-R fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Earnings have declined by 70.4% per year over past 5 years

Does not have a meaningful market cap (THB294M)

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

+ 1 more risk

TNDT-R Community Fair Values

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Thai Nondestructive Testing Public Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thai Nondestructive Testing
Historical stock prices
Current Share Price	฿0.17
52 Week High	฿0.33
52 Week Low	฿0.13
Beta	-0.13
1 Month Change	-10.53%
3 Month Change	-10.53%
1 Year Change	-5.56%
3 Year Change	-77.63%
5 Year Change	-68.13%
Change since IPO	-86.84%

Recent updates

Shareholder Returns

	TNDT-R	TH Commercial Services	TH Market
7D	0%	1.2%	0.5%
1Y	-5.6%	-40.3%	-16.7%

Return vs Industry: TNDT-R exceeded the TH Commercial Services industry which returned -40.3% over the past year.

Return vs Market: TNDT-R exceeded the TH Market which returned -16.7% over the past year.

Price Volatility

Is TNDT-R's price volatile compared to industry and market?
TNDT-R volatility
TNDT-R Average Weekly Movement	8.6%
Commercial Services Industry Average Movement	6.1%
Market Average Movement	5.5%
10% most volatile stocks in TH Market	11.2%
10% least volatile stocks in TH Market	2.6%

Stable Share Price: TNDT-R's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: TNDT-R's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1982	n/a	Chomduen Satavuthi	www.tndt.co.th

Thai Nondestructive Testing Public Company Limited, a technical service company, provides nondestructive engineering services in Thailand. The company operates through Nondestructive Testing Services; Inspection Services for Pressure Vessel; Electron Beam; Solar PV Rooftop; Contractor Service Relating to Solar PV Rooftop System; and Revenue from Selling segments. It provides a range of conventional nondestructive testing (NDT) services, including eddy current, magnetic particle, liquid penetrant, radiography, ultrasonic, visual inspection, leak, alternative current field measurement, and thermography image testing services, as well as coating holiday detectors.

Thai Nondestructive Testing Public Company Limited Fundamentals Summary

How do Thai Nondestructive Testing's earnings and revenue compare to its market cap?
TNDT-R fundamental statistics
Market cap	฿294.37m
Earnings (TTM)	-฿283.24m
Revenue (TTM)	฿308.96m

1.0x

P/S Ratio

-1.0x

P/E Ratio

Is TNDT-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNDT-R income statement (TTM)
Revenue	฿308.96m
Cost of Revenue	฿199.52m
Gross Profit	฿109.44m
Other Expenses	฿392.68m
Earnings	-฿283.24m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.16
Gross Margin	35.42%
Net Profit Margin	-91.67%
Debt/Equity Ratio	213.5%

How did TNDT-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/09 17:52
End of Day Share Price	2025/07/09 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Thai Nondestructive Testing Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nat Panassutrakorn	KGI Securities Co. Ltd.
Chun Phokaisawan	RHB Investment Bank