Valuation: Modernform Group

Market Cap 1.39B 41.9M 36.62M 33.62M 31.36M 59.44M 3.99B 60.45M 405M 157M 1.96B 157M 154M 6.74B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 930M 28.02M 24.49M 22.48M 20.97M 39.75M 2.67B 40.42M 271M 105M 1.31B 105M 103M 4.51B 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 week+0.98%
1 month+0.98%
3 months-2.83%
6 months-6.36%
Current year-6.36%
1 week 2.04
Extreme 2.04
2.1
1 month 2.02
Extreme 2.02
2.1
Current year 1.97
Extreme 1.97
2.22
1 year 1.97
Extreme 1.97
2.42
3 years 1.83
Extreme 1.83
2.98
5 years 1.83
Extreme 1.83
4.22
10 years 1.51
Extreme 1.51
7.9
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.
18/09/24Others

Director

700,000 0.0933%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%+0.98%-5.50%-29.93% 41.9M
+1.63%-0.20%+9.34%+95.73% 16.5B
-0.39%+0.62%-12.11%-40.08% 2.73B
+4.92%+6.17%+262.57%+1,057.89% 2.37B
-4.66%+6.06%+74.31%+332.42% 1.56B
+0.35%-2.18%+1.24%+39.35% 1.59B
+0.03%+2.16%-40.33%+108.28% 1.47B
+3.15%+4.10%-42.97%-54.82% 1.12B
+1.16%+0.18%-40.58%-46.39% 1.05B
+2.96%+0.42%+54.52%+65.46% 996M
Average +0.92%+2.76%+26.05%+152.79% 2.94B
Weighted average by Cap. +1.31%+1.39%+26.03%+158.79%

Financials

2024 2025
Net sales 2.51B 75.63M 66.09M 60.69M 56.59M 107M 7.2B 109M 731M 283M 3.53B 284M 278M 12.17B 2.19B 66.14M 57.79M 53.07M 49.49M 93.82M 6.3B 95.4M 639M 248M 3.09B 248M 243M 10.64B
Net income 135M 4.07M 3.55M 3.26M 3.04M 5.77M 387M 5.87M 39.29M 15.23M 190M 15.27M 14.94M 654M 103M 3.1M 2.71M 2.49M 2.32M 4.4M 295M 4.47M 29.96M 11.61M 145M 11.64M 11.39M 499M
Net Debt -326M -9.82M -8.58M -7.88M -7.34M -13.92M -934M -14.16M -94.82M -36.75M -458M -36.85M -36.05M -1.58B -461M -13.88M -12.13M -11.14M -10.39M -19.69M -1.32B -20.02M -134M -51.98M -648M -52.12M -50.99M -2.23B
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
02/07/26 THB 2.060 0.00% 85,301
01/07/26 THB 2.060 0.00% 2,680,300
30/06/26 THB 2.060 +0.98% 57,300
29/06/26 THB 2.040 -1.92% 50,200
26/06/26 THB 2.080 +1.96% 24,000
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