Valuation: Modernform Group

Market Cap 1.36B 40.83M 35.47M 32.94M 30.37M 57.22M 3.9B 58.25M 390M 153M 1.94B 153M 150M 6.51B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 903M 27.04M 23.49M 21.81M 20.11M 37.89M 2.58B 38.57M 258M 101M 1.28B 102M 99.31M 4.31B EV / Sales 2024
0.45x
EV / Sales 2025 0.47x
Free-Float
30.88%
Yield 2024
8.33%
Yield 2025 6.82%
05-29 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
01/09/25 Modernform Group Public Company Limited Announces Change of Company Address CI
13/08/25 Modernform Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
13/05/25 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
24/04/25 Modernform Group Public Company Limited Approves Annual Dividend for the Year 2024, Payable on May 23, 2025 CI
18/03/25 Tranche Update on Modernform Group Public Company Limited's Equity Buyback Plan announced on May 13, 2024. CI
27/02/25 Modernform Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
27/02/25 Modernform Group Public Company Limited Proposes Cash Dividend Payment for the Operating Period from January 1, 2024 to December 31, 2024, Payable on May 23, 2025 CI
1 day-0.98%
Current month-1.94%
1 month-0.98%
3 months+1.00%
6 months+1.00%
Current year-8.18%
1 week 2
Extreme 2
2.06
1 month 1.84
Extreme 1.84
2.1
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
7.85
Manager TitleAgeSince
Chief Executive Officer 48 29/02/2020
Director of Finance/CFO 60 31/12/2012
Chief Tech/Sci/R&D Officer 58 -
Director TitleAgeSince
Chairman 75 31/12/2000
Chairman 75 07/03/2022
Director/Board Member 67 31/03/2001
Date Insider Type Main position Quantity % Market Cap.
19/09/24 Others

Director

700,000 0.0933%
Change 5-day change 1-year change 3-year change Capi.($)
-0.98%0.00%-0.98%-29.37% 40.83M
-2.24%-2.88%-8.11%+45.40% 14.07B
+1.53%+8.54%-0.81%-41.07% 3.1B
-9.86%-2.91%+95.60%+596.00% 1.55B
-1.95%+3.32%+9.64%+27.80% 1.61B
-2.70%+8.16%-46.90%+95.01% 1.58B
-0.35%-7.98%+30.64%+249.30% 1.43B
+4.18%+11.55%-35.40%-51.06% 1.28B
+3.49%+12.97%-41.25%-48.87% 1.14B
+0.97%+4.26%+16.67%-35.43% 888M
Average -0.79%+5.56%+1.91%+80.77% 2.67B
Weighted average by Cap. -1.49%+4.69%-2.28%+68.65%

Financials

2024 2025
Net sales 2.51B 75.16M 65.28M 60.62M 55.91M 105M 7.18B 107M 718M 281M 3.56B 282M 276M 11.98B 2.19B 65.72M 57.09M 53.01M 48.89M 92.09M 6.27B 93.76M 628M 246M 3.12B 247M 241M 10.48B
Net income 135M 4.04M 3.51M 3.26M 3.01M 5.66M 386M 5.77M 38.59M 15.11M 192M 15.18M 14.84M 644M 103M 3.08M 2.68M 2.49M 2.29M 4.32M 294M 4.4M 29.42M 11.52M 146M 11.57M 11.32M 491M
Net Debt -326M -9.75M -8.47M -7.87M -7.26M -13.67M -931M -13.91M -93.14M -36.47M -462M -36.63M -35.83M -1.56B -461M -13.8M -11.98M -11.13M -10.26M -19.33M -1.32B -19.68M -132M -51.58M -654M -51.81M -50.67M -2.2B
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
30/07/26 THB 2.020 -0.98% 84,100
27/07/26 THB 2.040 0.00% 23,800
24/07/26 THB 2.040 0.00% 12,000
23/07/26 THB 2.040 +0.99% 101
22/07/26 THB 2.020 0.00% 117,301
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