MODERN FORM GROUPMM

MODERN FORM GROUP

2.04THBD
−0.02−0.97%
At close at May 28, 09:36 GMT
THB
No trades
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MODERN fundamentals

Key facts

Market capitalization‪1.54 B‬THB
Founded1930
CEOKitipat Nerngchamnong
About

Modernform Group Public Co. Ltd. engages in the production of home and office furniture. It operates through the following segments: Furniture Business, Furniture Fittings and Other Materials Business, Rental and Service Business, and Architectural Design and Construction Business. The company was founded in 1930 and is headquartered in Bangkok, Thailand.

Ownership
‪‪675.00 M‬‬
Free Float shares
‪‪414.31 M‬‬ (61.38%)
Closely held shares
‪‪260.69 M‬‬ (38.62%)
Free Float shares
‪‪414.31 M‬‬ (61.38%)
Closely held shares
‪‪260.69 M‬‬ (38.62%)
Capital structure
Market cap
‪‪1.54 B‬‬
Debt
‪‪295.96 M‬‬
Minority interest
‪‪9.93 M‬‬
Cash & equivalents
‪‪699.03 M‬‬
Enterprise value
‪‪1.15 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪1.54 B‬‬
Price to earning ratio (P/E)
7.33x
Price to sales ratio (P/S)
0.60x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
7.33x
Price to sales ratio (P/S)
0.60x
Valuation ratios
‪0.00‬
‪0.20‬
‪0.40‬
‪0.60‬
‪0.80‬
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪9.00‬
‪18.00‬
‪27.00‬
‪36.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−14%‬
‪−7%‬
‪0%‬
‪7%‬
‪14%‬
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪‪−250.00 M‬‬
‪0.00‬
‪‪250.00 M‬‬
‪‪500.00 M‬‬
‪‪750.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪120.00 M‬‬
‪‪240.00 M‬‬
‪‪360.00 M‬‬
‪‪480.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪120.00 M‬‬
‪‪240.00 M‬‬
‪‪360.00 M‬‬
‪‪480.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2024
Furniture
Furniture Fitting and Other Materials
Rental and Service
Architectural Design and Construction
By country
Period: 2024
Thailand

Dividends

Dividend yield, history and sustainability

Dividend summary
63.09%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
4.37%
Last payment
0.18
Last ex-date
May 8, 2025
Last pay date
May 23, 2025
Dividend history
‪1.5%‬
‪3.5%‬
‪5.5%‬
‪7.5%‬
‪9.5%‬
2020
2021
2022
2023
2024
‪0.00‬
‪0.05‬
‪0.10‬
‪0.15‬
‪0.20‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
‪0.00‬
‪‪200.00 M‬‬
‪‪400.00 M‬‬
‪‪600.00 M‬‬
‪‪800.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪600.00 M‬‬
‪‪1.20 B‬‬
‪‪1.80 B‬‬
‪‪2.40 B‬‬
Assets
Liabilities