nForce Secure (SET:SECURE-R) - Stock Price, News & Analysis

SECURE-R Stock Overview

Distributes IT security, information management, and network solutions. More details

SECURE-R fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 31% below our estimate of its fair value

Earnings are forecast to grow 17.41% per year

Earnings grew by 12% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (THB1B)

Unstable dividend track record

nForce Secure Public Company Limited Competitors

Simat Technologies

SET:SIMAT

฿1.5b

Metro Systems Corporation

SET:MSC

฿2.8b

Interlink Communication

SET:ILINK

฿3.1b

Applicad

SET:APP

฿484.4m

Price History & Performance

Summary of all time highs, changes and price drops for nForce Secure
Historical stock prices
Current Share Price	฿12.80
52 Week High	฿19.20
52 Week Low	฿9.85
Beta	0.39
11 Month Change	-2.29%
3 Month Change	3.23%
1 Year Change	-2.29%
33 Year Change	-56.24%
5 Year Change	n/a
Change since IPO	-47.11%

Recent updates

Shareholder Returns

	SECURE-R	TH Electronic	TH Market
7D	0.8%	5.0%	-0.3%
1Y	-2.3%	80.1%	2.0%

Return vs Industry: SECURE-R underperformed the TH Electronic industry which returned 81.7% over the past year.

Return vs Market: SECURE-R underperformed the TH Market which returned 1.6% over the past year.

Price Volatility

Is SECURE-R's price volatile compared to industry and market?
SECURE-R volatility
SECURE-R Average Weekly Movement	5.3%
Electronic Industry Average Movement	6.7%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.5%

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

Volatility Over Time: SECURE-R's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Nakrop Niamnammatham	www.nforcesecure.com

nForce Secure Public Company Limited distributes IT security, information management, and network solutions. The company also involved in the sale of computer hardware and software, and related equipment; network communication equipment; and develops enterprise software, as well as provides project management, business consulting, risk assessment, and planning and training services. It delivers software and products for network security system, endpoint security system, and network performance and monitoring, as well as installation, training, and maintenance services.

nForce Secure Public Company Limited Fundamentals Summary

How do nForce Secure's earnings and revenue compare to its market cap?
SECURE-R fundamental statistics
Market cap	฿1.30b
Earnings (TTM)	฿99.25m
Revenue (TTM)	฿1.12b

13.3x

P/E Ratio

1.2x

P/S Ratio

Is SECURE-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SECURE-R income statement (TTM)
Revenue	฿1.12b
Cost of Revenue	฿908.92m
Gross Profit	฿211.53m
Other Expenses	฿112.29m
Earnings	฿99.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.97
Gross Margin	18.88%
Net Profit Margin	8.86%
Debt/Equity Ratio	0%

How did SECURE-R perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

67%

Payout Ratio

nForce Secure SET:SECURE-R Stock Report