Noble Development's earnings have been declining at an average annual rate of -20.8%, while the Real Estate industry saw earnings declining at 2.1% annually. Revenues have been growing at an average rate of 1.1% per year. Noble Development's return on equity is 8%, and it has net margins of 8.4%.
Key information
-20.82%
Earnings growth rate
-20.82%
EPS growth rate
Real Estate Industry Growth
8.35%
Revenue growth rate
1.07%
Return on equity
7.96%
Net Margin
8.38%
Last Earnings Update
31 Mar 2026
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Noble Development makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SET:NOBLE-R Revenue, expenses and earnings (THB Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
6,625
555
1,823
0
31 Dec 25
6,930
593
1,746
0
30 Sep 25
9,010
947
1,764
0
30 Jun 25
9,870
256
1,724
0
31 Mar 25
10,970
440
1,712
0
31 Dec 24
10,995
432
1,680
0
30 Sep 24
9,491
391
1,536
0
30 Jun 24
8,995
929
1,527
0
31 Mar 24
8,671
917
1,542
0
31 Dec 23
9,054
910
1,571
0
30 Sep 23
10,372
1,058
1,676
0
30 Jun 23
10,019
660
1,672
0
31 Mar 23
8,719
534
1,619
0
31 Dec 22
8,215
455
1,595
0
30 Sep 22
5,939
113
1,408
0
30 Jun 22
4,729
125
1,333
0
31 Mar 22
5,841
441
1,483
0
31 Dec 21
6,827
932
1,668
0
30 Sep 21
8,730
1,576
1,877
0
30 Jun 21
11,266
1,950
2,136
0
31 Mar 21
11,038
1,951
1,971
0
31 Dec 20
10,723
1,878
1,790
0
30 Sep 20
10,122
1,684
1,642
0
30 Jun 20
14,354
2,312
1,769
0
31 Mar 20
13,366
2,173
1,733
0
31 Dec 19
14,916
3,071
1,774
0
30 Sep 19
13,827
3,139
1,839
0
30 Jun 19
7,858
2,261
1,391
0
31 Mar 19
7,729
2,166
1,341
0
31 Dec 18
5,078
987
1,177
0
30 Sep 18
5,176
853
939
0
30 Jun 18
6,194
1,119
1,025
0
31 Mar 18
7,354
1,441
1,058
0
31 Dec 17
9,677
2,206
1,157
0
30 Sep 17
12,044
2,875
1,291
0
30 Jun 17
9,599
2,227
1,125
0
31 Mar 17
7,815
1,715
1,028
0
31 Dec 16
4,503
682
870
0
30 Sep 16
454
-457
597
0
30 Jun 16
326
-467
600
0
31 Mar 16
340
-501
653
0
31 Dec 15
373
-468
648
0
30 Sep 15
311
-478
690
0
30 Jun 15
808
-329
702
0
Quality Earnings: NOBLE-R has a large one-off gain of THB958.0M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: NOBLE-R's current net profit margins (8.4%) are higher than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOBLE-R's earnings have declined by 20.8% per year over the past 5 years.
Accelerating Growth: NOBLE-R's earnings growth over the past year (26.3%) exceeds its 5-year average (-20.8% per year).
Earnings vs Industry: NOBLE-R earnings growth over the past year (26.3%) exceeded the Real Estate industry -8.6%.
Return on Equity
High ROE: NOBLE-R's Return on Equity (8%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/21 03:08
End of Day Share Price
2026/06/19 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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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
Noble Development 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.