Valuation: Modernform Group

Market Cap 1.35B 40.69M 35.27M 33.06M 30.15M 56.73M 3.88B 57.64M 389M 152M 1.94B 153M 149M 6.49B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 889M 26.81M 23.24M 21.78M 19.86M 37.37M 2.56B 37.97M 256M 100M 1.28B 101M 98.46M 4.27B EV / Sales 2024
0.45x
EV / Sales 2025 0.47x
Free-Float
30.88%
Yield 2024
8.33%
Yield 2025 6.82%
07-27 Modernform Group Public Company Limited Appoints Mr. Vorapat Chavananikul as Director, Effective July 24, 2026 CI
05-28 Modernform Group Public Company Limited Announces Resignation of Somsak Varikarn as Director and Member of Nomination and Remuneration Committee, Effective May 29, 2026 CI
05-14 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-08 Modernform Group Public Company Limited Approves the Appointment of Chatchavej Chitvarakorn as Independent Director CI
02-28 Modernform Group Public Company Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025 CI
02-26 Modernform Group Public Company Limited announces Annual dividend, payable on May 07, 2026 CI
11-13 Modernform Group Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-09-01 Modernform Group Public Company Limited Announces Change of Company Address CI
25-08-13 Modernform Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-05-13 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
25-04-24 Modernform Group Public Company Limited Approves Annual Dividend for the Year 2024, Payable on May 23, 2025 CI
25-03-18 Tranche Update on Modernform Group Public Company Limited's Equity Buyback Plan announced on May 13, 2024. CI
25-02-27 Modernform Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
1 month-0.99%
3 months-1.96%
6 months-0.99%
Current year-9.09%
1 week 1.99
Extreme 1.99
2.02
1 month 1.99
Extreme 1.99
2.06
Current year 1.84
Extreme 1.84
2.22
1 year 1.84
Extreme 1.84
2.42
3 years 1.83
Extreme 1.83
2.92
5 years 1.83
Extreme 1.83
4.22
10 years 1.51
Extreme 1.51
7.7
Manager TitleAgeSince
Chief Executive Officer 48 2020-02-29
Director of Finance/CFO 60 2012-12-31
Chief Tech/Sci/R&D Officer 58 -
Director TitleAgeSince
Chairman 75 2000-12-31
Chairman 75 2022-03-07
Director/Board Member 67 2001-03-31
Change 5-day change 1-year change 3-year change Capi.($)
0.00%0.00% - - 40.81M
+3.56%+2.37%-17.99%+46.76% 13.52B
-3.50%-3.85%-11.21%-42.18% 2.99B
-3.54%-3.02%+59.12%+695.62% 1.75B
+1.96%+2.98%+6.60%+32.52% 1.64B
-1.79%-3.36%-56.15%+102.87% 1.51B
+1.66%-3.40%+43.65%+221.38% 1.46B
-1.64%-1.06%-39.14%-52.92% 1.22B
+3.12%+2.71%-38.80%-45.67% 1.11B
-1.44%-0.36%-27.51%-27.70% 894M
Average -0.16%-1.67%-9.05%+103.41% 2.9B
Weighted average by Cap. +1.31%-4.70%-11.44%+81.13%

Financials

2024 2025
Net sales 2.51B 75.65M 65.57M 61.47M 56.05M 105M 7.22B 107M 724M 283M 3.61B 284M 278M 12.06B 2.19B 66.15M 57.34M 53.75M 49.01M 92.22M 6.31B 93.69M 633M 247M 3.16B 248M 243M 10.54B
Net income 135M 4.07M 3.53M 3.31M 3.01M 5.67M 388M 5.76M 38.92M 15.19M 194M 15.27M 14.94M 648M 103M 3.1M 2.69M 2.52M 2.3M 4.32M 296M 4.39M 29.67M 11.58M 148M 11.64M 11.39M 494M
Net Debt -326M -9.82M -8.51M -7.98M -7.27M -13.69M -937M -13.9M -93.93M -36.67M -469M -36.86M -36.06M -1.56B -461M -13.88M -12.04M -11.28M -10.29M -19.36M -1.33B -19.67M -133M -51.86M -663M -52.13M -51M -2.21B
Logo Modernform Group
Modernform Group Public Company Limited is principally engaged in the manufacture and distribution of residential and office furniture. The Company’s segments include the furniture business, the furniture fitting and other materials business, rental and service business, and the architectural design and construction business. Additionally, the Company is also engaged in real estate and health-related businesses. It operates a comprehensive furniture business which produces office furniture, residential furniture, modern-form kitchen and outdoor furniture. The products are distributed domestically and internationally, including imported furniture settings and interior decorative products with before and after-sale services. Its products include ergonomic chairs, adjustable desks, working accessories, work lounge, occasional chairs, sofas, day beds, recliners, leisure chairs, decorative items, coffee tables, end tables, sideboards, kitchen accessories, desks, and chairs.
Employees
2,439
Date Price Change Volume
26-08-12 THB 2.000 0.00% 89,800
26-08-11 THB 2.000 0.00% 44,400
26-08-10 THB 2.000 -0.99% 46,100
26-08-07 THB 2.020 0.00% 21,100
26-08-06 THB 2.020 +1.00% 64,600