Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Modernform Group Public Company Limited manufactures and distributes residential and office furniture in Thailand and internationally. 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, and kitchen furniture. It also provides steelcase, walk-in closet and storage, and hardware and fitting furniture. In addition, the company offers design and logistic services. Further, it offers architectural design and construction services. The company also sells its products through online. Modernform Group Public Company Limited was founded in 1980 and is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITDA,
