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Valuation: Noble Development

Market Cap 2.38B 71.69M 62.98M 58.03M 54.32M 102M 6.79B 103M 697M 270M 3.33B 269M 263M 11.58B P/E 2024
8.57x
P/E 2025 5.02x
Enterprise Value 14.97B 450M 396M 365M 341M 639M 42.67B 650M 4.38B 1.69B 20.93B 1.69B 1.65B 72.76B EV / Sales 2024
1.67x
EV / Sales 2025 2.24x
Free-Float
45.01%
Yield 2024
7%
Yield 2025 -
05-15 Noble Development Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
03-11 Noble Development Public Company Limited Proposes Omission of Dividend Payment for the Year Ended December 31, 2025 CI
03-02 Noble Development Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
03-01 Noble Development reports full-year profit attributable of 593.1 million baht RE
01-18 Frank Fung Kuen Leung completed the acquisition of 13.84% stake in Noble Development Public Company Limited. CI
11-30 Prestige Investment Management Limited proposed to acquire 15% stake in Noble Development Public Company Limited. CI
11-13 Noble Development posts qtrly profit 675.1 million baht RE
11-13 Noble Development posts qtrly total revenue 2,152.1 mln Baht RE
11-13 Noble Development Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
11-13 Noble Development Public Company Limited Approves Board and Committee appointments CI
25-10-31 Noble Development Public Company Limited Announces Resignation of Thianthan Chalermsaphayakorn from Director, Member of Subcommittees and the Executive, Effective October 31, 2025 CI
25-10-02 Noble Development appoints Thippawan Karoonsatitchai as CFO RE
25-10-02 Noble Development Public Company Limited Announces the Change of Designation of Thippawan Karoonsatitchai from Acting Chief Financial Officer to Chief Financial Officer, Effective October 1, 2025 CI
1 day-1.14%
1 week-1.69%
Current month-6.45%
1 month-6.45%
3 months-13.00%
6 months-20.18%
Current year-19.44%
1 week 1.74
Extreme 1.74
1.8
1 month 1.74
Extreme 1.74
1.88
Current year 1.74
Extreme 1.74
2.72
1 year 1.61
Extreme 1.61
2.72
3 years 1.6
Extreme 1.6
4.4
5 years 1.6
Extreme 1.6
7.6
10 years 1.6
Extreme 1.6
9.67
Manager TitleAgeSince
Chief Executive Officer 49 2017-12-31
Chief Executive Officer 56 2019-03-31
Director of Finance/CFO 50 2024-01-16
Director TitleAgeSince
Chairman 56 2019-03-31
Director/Board Member 58 2021-02-24
Director/Board Member 56 2021-02-24
Date Insider Type Main position Quantity % Market Cap.
05-18Buy

Chief Executive Officer

419,100 0.0306%
05-18Buy

Chief Executive Officer

419,100 0.0306%
05-18Buy

Chief Executive Officer

419,100 0.0306%
Change 5-day change 1-year change 3-year change Capi.($)
-1.14%-1.69%+6.75%-59.53% 71.69M
+4.19%+18.04%+393.53%+780.77% 65.37B
+0.39%+14.29%+110.81%+178.57% 24.39B
+0.32%-1.69%-32.63%+18.52% 19.57B
-0.97%-3.10%+9.20%+148.44% 15.77B
+0.17%+0.67%-24.74%-12.39% 8.17B
-0.12%-2.02%+28.86%+53.16% 5.72B
-0.64%+0.65%-50.87%-77.83% 5.1B
-1.14%+3.64%+172.14%+179.13% 4.98B
+0.24%-0.38%-30.45%+4.13% 4.52B
Average +0.14%+3.04%+58.26%+121.30% 15.37B
Weighted average by Cap. +1.75%+10.46%+184.55%+382.72%

Financials

2024 2025
Net sales 10.99B 331M 291M 268M 251M 470M 31.33B 478M 3.22B 1.24B 15.37B 1.24B 1.22B 53.44B 6.93B 208M 183M 169M 158M 296M 19.75B 301M 2.03B 784M 9.69B 783M 766M 33.68B
Net income 432M 12.98M 11.41M 10.51M 9.84M 18.43M 1.23B 18.74M 126M 48.85M 603M 48.74M 47.69M 2.1B 593M 17.84M 15.68M 14.45M 13.52M 25.34M 1.69B 25.76M 173M 67.14M 829M 66.99M 65.55M 2.88B
Net Debt 14.72B 443M 389M 358M 336M 629M 41.94B 639M 4.3B 1.67B 20.58B 1.66B 1.63B 71.53B 12.59B 379M 333M 307M 287M 538M 35.87B 547M 3.68B 1.42B 17.6B 1.42B 1.39B 61.18B
Logo Noble Development
Noble Development Public Company Limited is a real estate project developer. The principal business operations of the Company and its subsidiaries are development of real estate for sale, providing construction, rental and service, and construction consulting services in Thailand. Its segments include Condominium, House and land, Rental and service business, and others. Its projects consist of single detached house, condominium, townhouse, and land plot. The single detached house projects include Noble Tara Ekamai-Rama 9, Noble Tara Ngamwongwan, Noble Tara Pattanakarn, Noble Tara Ngamwongwan 2, Noble Wana Pinklao, Noble Wana Watcharapol, and others. The condominium projects are in the city center and areas along the BTS infrastructure, including Noble Ora Condo, Noble Lite, Noble 09, Noble Ambience Sarasin, Noble Remix, Noble Solo, and others. The Company also operates other businesses such as property rental and service, and property services after transfer of ownership.
Employees
305
Date Price Change Volume
26-06-23 THB 1.740 -1.14% 458,307
26-06-22 THB 1.760 -0.56% 231,265
26-06-19 THB 1.770 -0.56% 604,821
26-06-18 THB 1.780 -0.56% 446,604
26-06-17 THB 1.790 +1.13% 1,067,532

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