Valuation: Modernform Group

Market Cap 1.35B 40.56M 35.22M 32.84M 30.17M 57.06M 3.86B 57.68M 387M 151M 1.93B 152M 149M 6.39B P/E 2024
11.6x
P/E 2025 15.5x
Enterprise Value 889M 26.72M 23.2M 21.63M 19.87M 37.59M 2.54B 38M 255M 99.71M 1.27B 100M 98.15M 4.21B EV / Sales 2024
0.45x
EV / Sales 2025 0.47x
Free-Float
30.88%
Yield 2024
8.33%
Yield 2025 6.82%
07-27 Modernform Group Public Company Limited Appoints Mr. Vorapat Chavananikul as Director, Effective July 24, 2026 CI
05-29 Modernform Group Public Company Limited Announces Resignation of Somsak Varikarn as Director and Member of Nomination and Remuneration Committee, Effective May 29, 2026 CI
05-14 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-08 Modernform Group Public Company Limited Approves the Appointment of Chatchavej Chitvarakorn as Independent Director CI
02-28 Modernform Group Public Company Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025 CI
02-27 Modernform Group Public Company Limited announces Annual dividend, payable on May 07, 2026 CI
11-13 Modernform Group Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
01/09/25 Modernform Group Public Company Limited Announces Change of Company Address CI
14/08/25 Modernform Group Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
13/05/25 Modernform Group Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
25/04/25 Modernform Group Public Company Limited Approves Annual Dividend for the Year 2024, Payable on May 23, 2025 CI
19/03/25 Tranche Update on Modernform Group Public Company Limited's Equity Buyback Plan announced on May 13, 2024. CI
27/02/25 Modernform Group Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
1 day-0.99%
1 week-1.96%
1 month-1.96%
3 months-0.99%
Current year-9.09%
1 week 2
Extreme 2
2.06
1 month 1.84
Extreme 1.84
2.06
Current year 1.84
Extreme 1.84
2.22
1 year 1.84
Extreme 1.84
2.42
3 years 1.83
Extreme 1.83
2.92
5 years 1.83
Extreme 1.83
4.22
10 years 1.51
Extreme 1.51
7.8
Manager TitleAgeSince
Chief Executive Officer 48 01/03/2020
Director of Finance/CFO 60 01/01/2013
Chief Tech/Sci/R&D Officer 58 -
Director TitleAgeSince
Chairman 75 01/01/2001
Chairman 75 08/03/2022
Director/Board Member 67 01/04/2001
Date Insider Type Main position Quantity % Market Cap.
19/09/24 Others

Director

700,000 0.0933%
Change 5-day change 1-year change 3-year change Capi.($)
-0.99%-1.96%-4.76%-31.03% 40.78M
+4.58%-3.34%-5.98%+52.00% 14.02B
-4.14%+6.45%-0.90%-42.86% 3.17B
+6.35%+2.79%+83.83%+654.42% 1.58B
-1.60%+4.67%-49.31%+99.48% 1.55B
+1.78%+1.04%+16.08%+25.05% 1.64B
+1.87%-3.15%+47.78%+264.19% 1.49B
-1.96%+6.63%-37.44%-54.83% 1.24B
-0.98%+11.30%-40.99%-50.50% 1.11B
-2.87%+0.11%+14.15%-32.75% 906M
Average +0.20%-1.22%+2.24%+88.32% 2.67B
Weighted average by Cap. +2.18%-4.72%-0.46%+77.15%

Financials

2024 2025
Net sales 2.51B 75.41M 65.48M 61.05M 56.08M 106M 7.17B 107M 720M 281M 3.59B 283M 277M 11.88B 2.19B 65.94M 57.26M 53.38M 49.04M 92.75M 6.27B 93.77M 629M 246M 3.14B 248M 242M 10.39B
Net income 135M 4.05M 3.52M 3.28M 3.02M 5.7M 386M 5.77M 38.7M 15.13M 193M 15.23M 14.89M 639M 103M 3.09M 2.68M 2.5M 2.3M 4.35M 294M 4.4M 29.51M 11.54M 147M 11.61M 11.36M 487M
Net Debt -326M -9.79M -8.5M -7.92M -7.28M -13.76M -931M -13.92M -93.41M -36.51M -465M -36.75M -35.94M -1.54B -461M -13.84M -12.02M -11.21M -10.29M -19.47M -1.32B -19.68M -132M -51.64M -658M -51.98M -50.84M -2.18B
Logo Modernform Group
Modernform Group Public Company Limited is principally engaged in the manufacture and distribution of residential and office furniture. The Company’s segments include the furniture business, the furniture fitting and other materials business, rental and service business, and the architectural design and construction business. Additionally, the Company is also engaged in real estate and health-related businesses. It operates a comprehensive furniture business which produces office furniture, residential furniture, modern-form kitchen and outdoor furniture. The products are distributed domestically and internationally, including imported furniture settings and interior decorative products with before and after-sale services. Its products include ergonomic chairs, adjustable desks, working accessories, work lounge, occasional chairs, sofas, day beds, recliners, leisure chairs, decorative items, coffee tables, end tables, sideboards, kitchen accessories, desks, and chairs.
Employees
2,439
Date Price Change Volume
04/08/26 THB 2.000 -0.99% 802
03/08/26 THB 2.020 +1.00% 7,600
31/07/26 THB 2.000 -0.99% 173,100
30/07/26 THB 2.020 -0.98% 84,100
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