Valuation: Modernform Group

Market Cap 1.32B 39.74M 34.63M 32.66M 29.67M 55.53M 3.81B 55.81M 391M 151M 1.94B 149M 146M 6.3B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 862M 25.9M 22.57M 21.29M 19.34M 36.2M 2.48B 36.38M 255M 98.45M 1.26B 97.3M 95.14M 4.11B EV / Sales 2024
0.45x
EV / Sales 2025 0.47x
Free-Float
30.88%
Yield 2024
8.33%
Yield 2025 6.82%
08-12 Modernform Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
07-27 Modernform Group Public Company Limited Appoints Mr. Vorapat Chavananikul as Director, Effective July 24, 2026 CI
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
1 day-1.01%
1 week-1.01%
1 month-1.51%
3 months-3.92%
6 months-4.85%
Current year-10.91%
1 week 1.96
Extreme 1.96
1.99
1 month 1.93
Extreme 1.93
2
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
2.9
5 years 1.83
Extreme 1.83
4.22
10 years 1.51
Extreme 1.51
6.5
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 07/03/2022
Chairman 76 29/02/2020
Director/Board Member 77 31/10/1999
Date Insider Type Main position Quantity % Market Cap. Importance
19/09/24 Others

Director

700,000 0.0933%
Change 5-day change 1-year change 3-year change Capi.($)
-1.01%-1.01%-10.91%-31.94% 39.67M
-2.58%-5.09%-25.94%+41.46% 13.33B
+0.90%-2.05%-28.64%-45.34% 2.72B
+1.04%+6.18%+60.64%+700.82% 1.9B
+4.20%+20.85%-43.60%+115.28% 1.8B
-3.29%-5.67%+48.18%+257.06% 1.64B
+0.88%-2.61%-11.45%-4.66% 1.2B
+0.23%-2.16%-38.72%-48.96% 1.11B
+0.14%-2.80%-45.40%-61.56% 1.05B
+2.96%+11.79%-18.70%-7.40% 1.01B
Average +0.35%+0.29%-11.45%+91.48% 2.58B
Weighted average by Cap. -0.91%-2.16%-16.75%+87.36%

Financials

2024 2025
Net sales 2.51B 75.39M 65.69M 61.95M 56.29M 105M 7.23B 106M 741M 287M 3.68B 283M 277M 11.96B 2.19B 65.92M 57.44M 54.17M 49.22M 92.11M 6.32B 92.57M 648M 251M 3.22B 248M 242M 10.46B
Net income 135M 4.05M 3.53M 3.33M 3.03M 5.66M 389M 5.69M 39.87M 15.41M 198M 15.23M 14.89M 643M 103M 3.09M 2.69M 2.54M 2.31M 4.32M 296M 4.34M 30.4M 11.75M 151M 11.61M 11.35M 490M
Net Debt -326M -9.78M -8.52M -8.04M -7.3M -13.67M -938M -13.74M -96.22M -37.18M -477M -36.75M -35.93M -1.55B -461M -13.84M -12.06M -11.37M -10.33M -19.34M -1.33B -19.43M -136M -52.59M -675M -51.98M -50.82M -2.19B
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
18/09/26 THB 1.960 -1.01% 18,500
17/09/26 THB 1.980 0.00% 18,702
16/09/26 THB 1.980 0.00% 19,404
15/09/26 THB 1.980 0.00% 61,104
14/09/26 THB 1.980 0.00% 27,100
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