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

MODERN-R Stock Overview

Engages in the manufacture and distribution of residential and office furniture in Thailand. More details

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

Rewards

Trading at 88.7% below our estimate of its fair value

Risk Analysis

Earnings have declined by 26.3% per year over past 5 years

Does not have a meaningful market cap (THB2B)

Dividend of 3.38% is not well covered by earnings

Modernform Group Public Company Limited Competitors

Bangkok Dec-Con

SET:BKD

฿1.5b

Fancy Wood Industries

SET:FANCY

฿233.7m

Function International

SET:FTI

฿945.0m

CL Venture

SET:KOOL

฿825.1m

Price History & Performance

Summary of all time highs, changes and price drops for Modernform Group
Historical stock prices
Current Share Price	฿2.66
52 Week High	฿2.90
52 Week Low	฿2.16
Beta	0.37
11 Month Change	3.10%
3 Month Change	6.40%
1 Year Change	3.10%
33 Year Change	-28.88%
5 Year Change	-2.21%
Change since IPO	71.61%

Recent updates

Shareholder Returns

	MODERN-R	TH Consumer Durables	TH Market
7D	-7.0%	-1.7%	1.1%
1Y	3.1%	-12.9%	2.2%

Return vs Industry: MODERN-R exceeded the TH Consumer Durables industry which returned -12.5% over the past year.

Return vs Market: MODERN-R exceeded the TH Market which returned 2% 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	2.7%
Consumer Durables Industry Average Movement	5.0%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: MODERN-R's weekly volatility (3%) 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	฿1.84b
Earnings (TTM)	฿54.08m
Revenue (TTM)	฿2.46b

33.9x

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	฿2.46b
Cost of Revenue	฿1.64b
Gross Profit	฿819.31m
Other Expenses	฿765.23m
Earnings	฿54.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.078
Gross Margin	33.30%
Net Profit Margin	2.20%
Debt/Equity Ratio	9.5%

How did MODERN-R perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

125%

Payout Ratio

Modernform Group SET:MODERN-R Stock Report