Kijcharoen Engineering Electric PCL (KJL) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kijcharoen Engineering Electric PCL stock THB 8.57, price THB 5.95, upside +44.0%, quality 48 out of 100. Rating: undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.
How to read this chart
47‑month range 5.31 THB – 13.73 THB · fair‑value band 4.51 THB – 12.40 THB · the 5.95 THB price screens below the 8.57 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Kijcharoen Engineering Electric Public Company Limited manufactures and distributes electrical cabinets, cable tray, and power solutions in Thailand. The company offers wireway and various wiring devices.
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It provides control cabinet, pull boxes, solar walkways, waterproof plastic boxes, switchboard, electrical cabinet, electrical cable system, and sheet metal works, as well as design and consulting services. The company was founded in 1996 and is based in Samut Sakhon, Thailand.
Stock analysis
Kijcharoen Engineering Electric PCL (KJL) currently trades at 5.95 THB, while our model-based Fair Value estimate is 8.57 THB, implying the stock looks roughly 31% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 10.50 THB per share, and 10 of the 16 models we run sit above the 5.95 THB price.
Bear case: the Asset-Based group reads lowest at 1.98 THB, and 6 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: 4.51 THB (bear) to 12.40 THB (bull), the price of 5.95 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kijcharoen Engineering Electric PCL reported revenue of 1.1B THB in FY2025 versus 840M THB in FY2021, a compound +7.5%/yr. Reported net income was 127M THB in FY2025, compounding +7.8%/yr from FY2021.
Key figures
Market cap 1.4B THB (≈ $41.3M) Micro · P/E ratio 12.4 · P/S ratio 1.16 · EPS (TTM) 0.4800 THB · Dividend yield 6.9% · Net margin 9.3% · Return on equity 16.1% · Return on assets (EBIT) 15.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at 44%, KJL screens cheaper than that median.
Fair Value models
Bear4.51 THBFair Value 8.57 THBBull12.40 THB
Price 5.95 THB · Upside +44.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0600 THB per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.42/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−6.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.6%
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What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+13.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.9%
Dividend (yield on the price)6.9%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.18% → 15%
Compare Kijcharoen Engineering Electric PCL with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Metal Fabrication · 260 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside+44.0% · Top 25%
Profitability
Return on equity (12 months)16.1% · Top 25%
Return on assets8.2% · Top 25%
Net margin (12 months)9.3% · Top 25%
Operating margin (12 months)14.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)8.6% · Below median
Dividend yield (12 months)6.9% · Top 25%
Balance sheet
Debt / equity0.22× · Above median
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Kijcharoen Engineering Electric PCL Fair Value". https://www.fairvalue-calculator.com/stock/KJL
Frequently asked questions
Is Kijcharoen Engineering Electric PCL (KJL) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 8.57 THB versus a price of 5.95 THB, about +44% upside (undervalued).
What is the fair value of KJL?
Our model-based fair value for Kijcharoen Engineering Electric PCL is 8.57 THB (as of Nov 3, 2026), built from audited fundamentals. The current price: 5.95 THB.
What is the quality score of KJL?
Kijcharoen Engineering Electric PCL has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Kijcharoen Engineering Electric PCL (KJL)?
Our model-based price target is the fair value of 8.57 THB (as of Nov 3, 2026) from 16 valuation models. Cautious scenario 4.51 THB, optimistic scenario 12.40 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Kijcharoen Engineering Electric PCL stock forecast for 2026?
Our models put fair value at 8.57 THB, about +44% upside versus a price of 5.95 THB (undervalued). Cautious scenario 4.51 THB, optimistic scenario 12.40 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Kijcharoen Engineering Electric PCL (KJL)?
Kijcharoen Engineering Electric PCL reported trailing-twelve-month revenue of about 1.2B THB (latest available figure, as of Nov 3, 2026).
Does Kijcharoen Engineering Electric PCL pay a dividend?
Kijcharoen Engineering Electric PCL currently shows a dividend yield of 6.89% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Kijcharoen Engineering Electric PCL (KJL) and when is the ex-dividend date?
Kijcharoen Engineering Electric PCL pays a dividend of 0.41 THB per share a year, a dividend yield of 6.9%. The last ex-dividend date was Aug 19, 2026. The payout ratio is 85.4% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Kijcharoen Engineering Electric PCL (KJL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kijcharoen Engineering Electric PCL it is 8.57 THB per share (as of Nov 3, 2026), against a price of 5.95 THB. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Kijcharoen Engineering Electric PCL stock overvalued or undervalued in 2026?
As of Nov 3, 2026, KJL trades below its calculated fair value: price 5.95 THB, fair value 8.57 THB, a gap of about +44% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KJL?
No. The price is what the market pays today (5.95 THB); the fair value is what the company's own numbers justify (8.57 THB). For Kijcharoen Engineering Electric PCL the two are 2.62 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Kijcharoen Engineering Electric PCL worth?
The market values Kijcharoen Engineering Electric PCL at about 1.4B THB (market capitalisation, as of Nov 3, 2026). Per share that is 5.95 THB; our models calculate a fair value of 8.57 THB per share.
What do the bullish and bearish scenarios say about KJL?
Our models span a range for Kijcharoen Engineering Electric PCL: cautious scenario 4.51 THB, base 8.57 THB, optimistic 12.40 THB per share (as of Nov 3, 2026, price 5.95 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KJL?
Kijcharoen Engineering Electric PCL trades at a price-to-earnings ratio of 12.4 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 8.57 THB is built from several models across several years. Other multiples: P/B 2.0, P/S 1.2, EV/EBITDA 7.2.
How solid is the balance sheet of Kijcharoen Engineering Electric PCL (KJL)?
Balance-sheet figures for Kijcharoen Engineering Electric PCL (as of Nov 3, 2026): return on equity 16.1%, debt of 0.22 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is KJL from its 52-week high?
Kijcharoen Engineering Electric PCL trades at 5.95 THB, about 17% below its 52-week high of 7.20 THB and 11% above the low of 5.35 THB (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 8.57 THB is for.
Which stocks are comparable to Kijcharoen Engineering Electric PCL?
From the same area (Industrials) we also value ATI Inc, Carpenter Technology Corporation, Mueller Industries, Inc, Bharat Forge Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Kijcharoen Engineering Electric PCL stock attractive at the current price?
The data as of Nov 3, 2026: price 5.95 THB, calculated fair value 8.57 THB (+44%), Quality Score 48/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KJL calculated?
We run Kijcharoen Engineering Electric PCL through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 8.57 THB builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Kijcharoen Engineering Electric PCL currently trades 31% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Kijcharoen Engineering Electric PCL (KJL)?
The closing price on Nov 6, 2026 was 5.95 THB. Our model-based fair value is 8.57 THB, about +44% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kijcharoen Engineering Electric PCL right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (4.51 THB to 12.40 THB). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Kijcharoen Engineering Electric PCL
How large is the market capitalisation of Kijcharoen Engineering Electric PCL (KJL)?
The market capitalisation of Kijcharoen Engineering Electric PCL is 1.4B THB (≈ $41.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Kijcharoen Engineering Electric PCL (KJL)?
The price-to-sales ratio of Kijcharoen Engineering Electric PCL is 1.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Kijcharoen Engineering Electric PCL (KJL)?
Earnings per share at Kijcharoen Engineering Electric PCL are 0.4800 THB (price ÷ EPS = P/E 12.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Kijcharoen Engineering Electric PCL (KJL)?
The dividend yield of Kijcharoen Engineering Electric PCL is 6.9% (payout 85.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Kijcharoen Engineering Electric PCL (KJL)?
The net margin of Kijcharoen Engineering Electric PCL is 9.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Kijcharoen Engineering Electric PCL (KJL)?
The return on equity (ROE) of Kijcharoen Engineering Electric PCL is 16.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Kijcharoen Engineering Electric PCL (KJL)?
On an EBIT basis the return on assets of Kijcharoen Engineering Electric PCL is 15.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Kijcharoen Engineering Electric PCL (KJL)?
The operating margin of Kijcharoen Engineering Electric PCL is 14.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kijcharoen Engineering Electric PCL (KJL)?
Revenue at Kijcharoen Engineering Electric PCL is growing +8.6% versus a year earlier (3y avg +3.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Kijcharoen Engineering Electric PCL (KJL)?
Earnings per share at Kijcharoen Engineering Electric PCL are growing −21.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kijcharoen Engineering Electric PCL (KJL) generate?
The free cash flow of Kijcharoen Engineering Electric PCL is −59.5M THB (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Kijcharoen Engineering Electric PCL (KJL) carry?
The net debt of Kijcharoen Engineering Electric PCL is 407M THB (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 3, 2026