Valuation: Modernform Group

Market Cap 1.35B 40.38M 35.1M 32.67M 30M 56.65M 3.85B 57.53M 385M 151M 1.92B 152M 148M 6.43B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 889M 26.6M 23.12M 21.52M 19.76M 37.32M 2.54B 37.9M 254M 99.58M 1.26B 99.91M 97.71M 4.24B EV / Sales 2024
0.45x
EV / Sales 2025 0.47x
Free-Float
30.88%
Yield 2024
8.33%
Yield 2025 6.82%
27/07 Modernform Group Public Company Limited Appoints Mr. Vorapat Chavananikul as Director, Effective July 24, 2026 CI
29/05 Modernform Group Public Company Limited Announces Resignation of Somsak Varikarn as Director and Member of Nomination and Remuneration Committee, Effective May 29, 2026 CI
14/05 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
08/04 Modernform Group Public Company Limited Approves the Appointment of Chatchavej Chitvarakorn as Independent Director CI
28/02 Modernform Group Public Company Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025 CI
27/02 Modernform Group Public Company Limited announces Annual dividend, payable on May 07, 2026 CI
13/11 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
14/08/25 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
25/04/25 Modernform Group Public Company Limited Approves Annual Dividend for the Year 2024, Payable on May 23, 2025 CI
19/03/25 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
1 day-0.99%
1 week-1.96%
Current month-2.91%
1 month-2.91%
3 months-0.99%
6 months+0.50%
Current year-9.09%
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 01/03/2020
Director of Finance/CFO 60 01/01/2013
Chief Tech/Sci/R&D Officer 58 -
Director TitleAgeSince
Chairman 75 01/01/2001
Chairman 75 08/03/2022
Director/Board Member 67 01/04/2001
Date Insider Type Main position Quantity % Market Cap.
19/9/24 Others

Director

700,000 0.0933%
Change 5-day change 1-year change 3-year change Capi.($)
-0.99%-1.96%-4.76%-30.07% 40.83M
-1.42%-7.55%-8.59%+48.24% 14.07B
-2.36%+3.62%-3.60%-42.47% 3.1B
+3.47%+1.37%+92.78%+620.17% 1.55B
-1.58%-0.23%+10.06%+26.20% 1.61B
+0.45%+8.65%-46.66%+95.89% 1.58B
+4.25%-7.97%+38.43%+264.14% 1.43B
-3.79%+7.33%-37.84%-52.92% 1.28B
-0.11%+12.84%-41.31%-48.93% 1.14B
+0.97%+4.26%+16.67%-34.14% 888M
Average -0.10%+4.34%+1.52%+84.61% 2.67B
Weighted average by Cap. -0.79%+4.03%-2.69%+72.09%

Financials

2024 2025
Net sales 2.51B 75.07M 65.26M 60.74M 55.77M 105M 7.17B 107M 716M 281M 3.57B 282M 276M 11.96B 2.19B 65.64M 57.06M 53.11M 48.76M 92.09M 6.27B 93.51M 626M 246M 3.12B 247M 241M 10.46B
Net income 135M 4.04M 3.51M 3.27M 3M 5.66M 385M 5.75M 38.5M 15.11M 192M 15.16M 14.83M 643M 103M 3.08M 2.68M 2.49M 2.29M 4.32M 294M 4.38M 29.35M 11.52M 146M 11.56M 11.3M 490M
Net Debt -326M -9.74M -8.47M -7.88M -7.24M -13.67M -930M -13.88M -92.91M -36.47M -463M -36.59M -35.78M -1.55B -461M -13.78M -11.98M -11.15M -10.24M -19.33M -1.32B -19.63M -131M -51.58M -655M -51.75M -50.61M -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
31/07/26 THB 2.000 -0.99% 173,100
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
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