Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Rockworth Public Company Limited operates as a global manufacturer and distributor of office furniture, serving a diverse client base across Thailand, the broader Asian region, and international markets. The company's extensive product range includes advanced smart office solutions like workspace booking and analytics platforms, intelligent locker systems, and visitor management tools. They also supply architectural and acoustic elements such as wall partitions, modular carpets, and sound-absorbing panels. Their comprehensive seating collection features various chairs, modular lounge configurations, benches, ottomans, stools, sofas, and beam seating. Beyond seating, Rockworth provides numerous desk systems and tables, along with room elements and space division products including privacy pods, screens, dividers, and integrated panel and reception systems. Storage solutions are also a key offering, comprising pedestals, personal storage units, shelving, cabinets, and lockers. Additionally, the company offers collaborative tools, desk accessories, decorative items, and essential technological infrastructure such as power access and lighting solutions. Founded in 1972, Rockworth Public Company Limited is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT