Modernform Group (SET:MODERN-R) - Stock Price, News & Analysis

MODERN-R Stock Overview

Modernform Group Public Company Limited engages in the manufacture and distribution of residential and office furniture in Thailand.

About the company

MODERN-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 69.7% below our estimate of its fair value

Earnings grew by 53.7% over the past year

Risk Analysis

Earnings have declined by 20.8% per year over past 5 years

Does not have a meaningful market cap (THB2B)

Dividend of 3.95% is not well covered by earnings

Modernform Group Public Company Limited Competitors

TCM Corporation

SET:TCMC

฿969.3m

Bangkok Dec-Con

SET:BKD

฿1.4b

Function International

SET:FTI

฿963.0m

Masterkool International

SET:KOOL

฿888.0m

Price History & Performance

Summary of all time highs, changes and price drops for Modernform Group
Historical stock prices
Current Share Price	฿2.28
52 Week High	฿2.98
52 Week Low	฿2.16
Beta	0.43
1 Month Change	0%
3 Month Change	-2.56%
1 Year Change	-21.92%
3 Year Change	-37.02%
5 Year Change	-35.96%
Change since IPO	47.10%

Recent updates

Shareholder Returns

	MODERN-R	TH Consumer Durables	TH Market
7D	0.9%	0.7%	0.8%
1Y	-21.9%	-20.0%	-10.5%

Return vs Industry: MODERN-R underperformed the TH Consumer Durables industry which returned -20% over the past year.

Return vs Market: MODERN-R underperformed the TH Market which returned -10.5% over the past year.

Price Volatility

Is MODERN-R's price volatile compared to industry and market?
MODERN-R volatility
MODERN-R Average Weekly Movement	2.2%
Consumer Durables Industry Average Movement	3.6%
Market Average Movement	4.1%
10% most volatile stocks in TH Market	9.1%
10% least volatile stocks in TH Market	2.2%

Stable Share Price: MODERN-R has not had significant price volatility in the past 3 months.

Volatility Over Time: MODERN-R's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1930	n/a	Kitipat Nerngchamnong	www.modernform.co.th

Modernform Group Public Company Limited engages in the manufacture and distribution of residential and office furniture in Thailand. It operates through four segments: Furniture Business, Furniture Fitting and Other Materials Business, Rental and Service Business, and Architectural Design and Construction Business. The company offers office, home, and kitchen furniture; and steel case, walk-in closet and storage, and hardware and fitting furniture.

Modernform Group Public Company Limited Fundamentals Summary

How do Modernform Group's earnings and revenue compare to its market cap?
MODERN-R fundamental statistics
Market cap	฿1.71b
Earnings (TTM)	฿60.03m
Revenue (TTM)	฿2.56b

28.5x

P/E Ratio

0.7x

P/S Ratio

Is MODERN-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MODERN-R income statement (TTM)
Revenue	฿2.56b
Cost of Revenue	฿1.73b
Gross Profit	฿834.36m
Other Expenses	฿774.33m
Earnings	฿60.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.08
Gross Margin	32.57%
Net Profit Margin	2.34%
Debt/Equity Ratio	8.4%

How did MODERN-R perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

112%

Payout Ratio

Does MODERN-R pay a reliable dividends?

See MODERN-R dividend history and benchmarks

When do you need to buy MODERN-R by to receive an upcoming dividend?
Modernform Group dividend dates
Ex Dividend Date	May 02 2024
Dividend Pay Date	May 17 2024
Days until Ex dividend	0 days
Days until Dividend pay date	15 days