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A.J. Plast Public Company (AJ) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 1.7B THB

AJ A.J. Plast Public Company AJ · BK
Price3.14 THB
Fair Value3.61 THB
Upside+15.1%
Quality39/100
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Evidence: Low Range 2.69 THB – 5.39 THB

Fair value as of: Jul 14, 2026

From 2 valuation models · updated today

Share price +13.8% over the past month.

Price vs Fair Value (12 months)

3.54 THB 1.54 THB Fair Value 3.61 THB Jun 2025 Jul 2026

12‑month range 1.54 THB – 3.54 THB · fair‑value band 2.69 THB – 5.39 THB · the 3.14 THB price screens below the 3.61 THB fair value. As of Jul 14, 2026.

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Analysis

A.J. Plast Public Company (AJ) currently trades at 3.14 THB, while our model-based Fair Value estimate is 3.61 THB — implying the stock looks roughly 15.1% undervalued today. We read business quality at 39/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, A.J. Plast Public Company generated revenue of 7.4B THB at a net margin of -8.6%. Revenue declined 18.4% year over year. It earns a return on equity of -15.2%. Net debt stands at 8.3B THB. Fundamentals as of Jul 14, 2026

Our scenario range runs from 2.69 THB (bear case) to 5.39 THB (bull case); at 3.14 THB, the current price sits within that range. The share trades about 13% below its 52-week high and 108% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -30% fair-value upside — at 15%, AJ screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 7.4B THB
Revenue growth (YoY) -18.4%
Net margin -8.6%
Return on equity -15.2%
Free cash flow −41.6M THB FY2025
Operating margin -1.8%
More key figures
EPS (TTM) -1.07 THB
EPS growth (YoY) -26.4%
Net debt 8.3B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

A.J. Plast Public Company Limited engages in the manufacture, sale, and export of plastic films and scrap products in Thailand and internationally. The company provides biaxially oriented polypropylene films for printed packaging; lamination products and adhesive tapes; packaging of bread, garment, agricultural products, etc.; wrapping film for tobacco, CD, cosmetic, etc. It offers biaxially oriented polyethylene film for snack and confectionery, coffee, tea and milk powder, household chemicals, and cup lid, as well as air duct wrapping material and insulation, lamination and hot stamping foil, and yarn and thread; and biaxially oriented polyamide film for retort foods, ham and sausage, rice and grain, metallized balloons, frozen foods and liquid foods, oil and cheese packing, and vacuum packing. In addition, the company provides cast polypropylene film for bread or noodle packaging, retort pouch and dry fruit and meat packaging; metallized film applications; and offers earth care …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

A.J. Plast Public Company reported revenue of 7.8B THB in FY2025 versus 9.3B THB in FY2021, a compound −4.3%/yr. Reported net income was −553M THB in FY2025.

Revenue −4.3%/yr
FY21 9.3B THB
FY22 9.1B THB
FY23 7.6B THB
FY24 7.9B THB
FY25 7.8B THB
Net income
FY21 429M THB
FY22 −57.0M THB
FY23 −367M THB
FY24 −725M THB
FY25 −553M THB

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Cite: Fair Value Calculator (2026). "A.J. Plast Public Company Fair Value". https://www.fairvalue-calculator.com/stock/AJ

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Frequently asked questions

Is A.J. Plast Public Company (AJ) undervalued?
As of Jul 14, 2026, our model estimates a fair value of 3.61 THB versus a price of 3.14 THB — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AJ?
Our model-based fair value for A.J. Plast Public Company is 3.61 THB (as of Jul 14, 2026), built from audited fundamentals. The current price is 3.14 THB.
What is the quality score of AJ?
A.J. Plast Public Company has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of A.J. Plast Public Company (AJ)?
A.J. Plast Public Company reported trailing-twelve-month revenue of about 7.4B THB (latest available figure, as of Jul 14, 2026).
What is the net profit margin of AJ?
The net profit margin of A.J. Plast Public Company is about -8.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.