Proud Real Estate Public Company Limited (PROUD) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Proud Real Estate Public Company Limited stock THB 2.70, price THB 1.09, upside +147.7%, quality 54 out of 100. Rating: strongly undervalued. Calculated from audited financials with 14 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 7, 2026.
How to read this chart
60‑month range 0.6244 THB – 2.26 THB · fair‑value band 1.95 THB – 3.37 THB · the 1.09 THB price screens below the 2.70 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Proud Real Estate Public Company Limited, together with its subsidiaries, engages in the real estate development businesses in Thailand. It also develops and sells land, houses, and residential condominium units; and provides property management services.
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Proud Real Estate Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.
Stock analysis
Proud Real Estate Public Company Limited (PROUD) currently trades at 1.09 THB, while our model-based Fair Value estimate is 2.70 THB, implying the stock looks roughly 60% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 17.68 THB per share, and 14 of the 14 models we run sit above the 1.09 THB price.
Bear case: the Asset-Based group reads lowest at 1.39 THB, and 0 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.95 THB (bear) to 3.37 THB (bull), the price of 1.09 THB sits below 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 54/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Proud Real Estate Public Company Limited reported revenue of 6.4B THB in FY2025 versus 3.1M THB in FY2021, a compound +570.7%/yr. Reported net income was 168M THB in FY2025.
Key figures
Market cap 1.1B THB (≈ $31.7M) Micro · P/E ratio 4.5 · P/S ratio 0.19 · EPS (TTM) 0.2400 THB · Dividend yield 8.3% · Net margin 4.3% · Return on equity 13.8% · Return on assets (EBIT) 3.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 75% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at 148%, PROUD screens cheaper than that median.
Fair Value models
Bear1.95 THBFair Value 2.70 THBBull3.37 THB
Price 1.09 THB · Upside +147.7%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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 (0.1286 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.87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+186.6%
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.
+44.5%
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.
+103.7%
Start year 2020 (pandemic). Over 10 years: +29.2% a year
Revenue growth 22 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.
+15.5%
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What shareholders gained per year (last 3 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 3 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.
−2.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−10.4%
Dividend (yield on the price)8.3%
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.−31% → 6%
⚠ Revenue per share shrinking 4.8%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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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.Real Estate - Development · 489 stocks
Beats the industry median on 11/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside+150.0% · Top 25%
Profitability
Return on equity (12 months)13.8% · Top 25%
Return on assets2.2% · Above median
Net margin (12 months)4.3% · Below median
Operating margin (12 months)10.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)−16.9% · Below median
Dividend yield (12 months)8.3% · Top 25%
Balance sheet
Debt / equity1.06× · Highest 25%
Valuation Multiplesvs Real Estate - Development 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). "Proud Real Estate Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/PROUD
Frequently asked questions
Is Proud Real Estate Public Company Limited (PROUD) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 2.70 THB versus a price of 1.09 THB, about +148% upside (undervalued).
What is the fair value of PROUD?
Our model-based fair value for Proud Real Estate Public Company Limited is 2.70 THB (as of Nov 7, 2026), built from audited fundamentals. The current price: 1.09 THB.
What is the quality score of PROUD?
Proud Real Estate Public Company Limited has a Quality Score of 54/100. 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 Proud Real Estate Public Company Limited (PROUD)?
Our model-based price target is the fair value of 2.70 THB (as of Nov 7, 2026) from 14 valuation models. Cautious scenario 1.95 THB, optimistic scenario 3.37 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Proud Real Estate Public Company Limited stock forecast for 2026?
Our models put fair value at 2.70 THB, about +148% upside versus a price of 1.09 THB (undervalued). Cautious scenario 1.95 THB, optimistic scenario 3.37 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Proud Real Estate Public Company Limited (PROUD)?
Proud Real Estate Public Company Limited reported trailing-twelve-month revenue of about 5.6B THB (latest available figure, as of Nov 7, 2026).
Does Proud Real Estate Public Company Limited pay a dividend?
Proud Real Estate Public Company Limited currently shows a dividend yield of 8.26% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Proud Real Estate Public Company Limited (PROUD) and when is the ex-dividend date?
Proud Real Estate Public Company Limited pays a dividend of 0.09 THB per share a year, a dividend yield of 8.3%. The last ex-dividend date was Apr 29, 2026. The payout ratio is 37.5% of earnings. Free cash flow covers the dividend 21.74 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What is the intrinsic value of Proud Real Estate Public Company Limited (PROUD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Proud Real Estate Public Company Limited it is 2.70 THB per share (as of Nov 7, 2026), against a price of 1.09 THB. It is the blended result of 14 valuation models in 5 families (DCF Models, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Proud Real Estate Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, PROUD trades below its calculated fair value: price 1.09 THB, fair value 2.70 THB, a gap of about +148% (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 PROUD?
No. The price is what the market pays today (1.09 THB); the fair value is what the company's own numbers justify (2.70 THB). For Proud Real Estate Public Company Limited the two are 1.61 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Proud Real Estate Public Company Limited worth?
The market values Proud Real Estate Public Company Limited at about 1.1B THB (market capitalisation, as of Nov 7, 2026). Per share that is 1.09 THB; our models calculate a fair value of 2.70 THB per share.
What do the bullish and bearish scenarios say about PROUD?
Our models span a range for Proud Real Estate Public Company Limited: cautious scenario 1.95 THB, base 2.70 THB, optimistic 3.37 THB per share (as of Nov 7, 2026, price 1.09 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PROUD?
Proud Real Estate Public Company Limited trades at a price-to-earnings ratio of 4.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2.70 THB is built from several models across several years. Other multiples: PEG 0.0, P/B 0.6, P/S 0.2, EV/EBITDA 5.0.
What is the PEG ratio of PROUD?
The PEG ratio of Proud Real Estate Public Company Limited is 0.01 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Proud Real Estate Public Company Limited (PROUD)?
Balance-sheet figures for Proud Real Estate Public Company Limited (as of Nov 7, 2026): return on equity 13.8%, debt of 1.06 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is PROUD from its 52-week high?
Proud Real Estate Public Company Limited trades at 1.09 THB, about 12% below its 52-week high of 1.24 THB and 75% above the low of 0.6244 THB (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 2.70 THB is for.
Which stocks are comparable to Proud Real Estate Public Company Limited?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF 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 Proud Real Estate Public Company Limited stock attractive at the current price?
The data as of Nov 7, 2026: price 1.09 THB, calculated fair value 2.70 THB (+148%), Quality Score 54/100, from 14 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 PROUD calculated?
We run Proud Real Estate Public Company Limited through 14 models from 5 families: DCF Models, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 2.70 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. Proud Real Estate Public Company Limited currently trades 60% 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 Proud Real Estate Public Company Limited (PROUD)?
The closing price on Nov 9, 2026 was 1.09 THB. Our model-based fair value is 2.70 THB, about +148% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Proud Real Estate Public Company Limited right now?
The price is below even our cautious bear case (1.95 THB). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Proud Real Estate Public Company Limited (PROUD) come from?
Earnings per share at Proud Real Estate Public Company Limited grew +30.7 % a year from 2015 to 2025. Broken into its drivers: revenue per share +2.9 %, EBIT margin +25.7 %, tax rate +3.4 %, residual (interest, one-offs) −2.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Proud Real Estate Public Company Limited
How large is the market capitalisation of Proud Real Estate Public Company Limited (PROUD)?
The market capitalisation of Proud Real Estate Public Company Limited is 1.1B THB (≈ $31.7M). 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 Proud Real Estate Public Company Limited (PROUD)?
The price-to-sales ratio of Proud Real Estate Public Company Limited is 0.19 (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 Proud Real Estate Public Company Limited (PROUD)?
Earnings per share at Proud Real Estate Public Company Limited are 0.2400 THB (price ÷ EPS = P/E 4.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Proud Real Estate Public Company Limited (PROUD)?
The dividend yield of Proud Real Estate Public Company Limited is 8.3% (payout 37.5%). 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 Proud Real Estate Public Company Limited (PROUD)?
The net margin of Proud Real Estate Public Company Limited is 4.3% (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 Proud Real Estate Public Company Limited (PROUD)?
The return on equity (ROE) of Proud Real Estate Public Company Limited is 13.8% (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 Proud Real Estate Public Company Limited (PROUD)?
On an EBIT basis the return on assets of Proud Real Estate Public Company Limited is 3.4% (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 Proud Real Estate Public Company Limited (PROUD)?
The operating margin of Proud Real Estate Public Company Limited is 10.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Proud Real Estate Public Company Limited (PROUD)?
Revenue at Proud Real Estate Public Company Limited is growing −16.9% versus a year earlier (3y avg +44.5%). 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 Proud Real Estate Public Company Limited (PROUD)?
Earnings per share at Proud Real Estate Public Company Limited are growing +319% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Proud Real Estate Public Company Limited (PROUD) generate?
The free cash flow of Proud Real Estate Public Company Limited is 1.9B 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 Proud Real Estate Public Company Limited (PROUD) carry?
The net debt of Proud Real Estate Public Company Limited is 3.3B THB (fiscal year 2025, ≈ 1.7 yrs of FCF). 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 7, 2026