Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Modernform Group Public Company Limited, together with its subsidiaries, manufactures and distributes residential and office furniture in Thailand. It operates through four segments: Furniture Business, Furniture Fitting and Other Materials Business, Rental and Service Business, and Architectural Design and Construction Business. The company offers office, home, kitchen, and steel case furniture and accessories, as well as walk-in closet and storage sets. It also provides architectural design and construction services, and office rental services. In addition, the company distributes health care products, including equipment and health-related tools for hospitals, rehabilitation facilities, and residences. Modernform Group Public Company Limited was founded in 1930 and is based in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB