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Stock Screener·Thailand·Basic Materials·VNG.BK
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Vanachai Group Public Company Limited Stocks

THB 1.8Last Updated 03.11.2026

Issuer Rating

4/7
Performance

Favourable

Risk

Considerable

Recommendation

Hold

Market Cap

THB 92.48M

THB 1.8
Key Takeaways

Risk factor

Very poor trading liquidity

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Data is available to registered users only

Profitability factor

Undervalued vs peers

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Data is available to registered users only
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Vanachai Group Public Company Limited, along with its subsidiaries, specializes in the manufacturing and global distribution of a diverse array of wood-based panels and related materials. Their primary offerings include medium-density fiberboard (MDF), particleboard, doorskins, and melamine-coated wood panels. The company's extensive product line also encompasses melamine-faced panels, laminated flooring and boards, melamine-impregnated papers and sheets, concrete formwork plywood, various wood surface products, oriented strand boards (OSB), laminated veneers, and MDF boards with veneer finishes. Furthermore, they produce urea-formaldehyde-based adhesives, glues, resins, and other impregnated paper goods. Beyond their timber products, Vanachai Group is engaged in generating and distributing electricity from renewable biomass energy sources, as well as conducting marketing operations. Established in 1943 and headquartered in Bangkok, Thailand, the company was initially known as MDF Planner Co., Ltd. before rebranding to its current name. It operates as a subsidiary of Vanachai Group of Companies Co., Ltd.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA, undervalued on P/FC.

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
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