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Applicad Public Company (APP) Fair Value & Analysis

Technology · TH · Market cap 706M THB

AP Applicad Public Company APP · BK
Price2.52 THB
Fair Value7.44 THB
Upside+195.2%
Quality95/100
Evidence: High Range 5.58 THB – 9.30 THB

Fair value as of: Jun 25, 2026

From 26 valuation models · updated 4 days ago

Price vs Fair Value (12 months)

2.68 THB 1.86 THB Fair Value 7.44 THB Jun 2025 Jun 2026

12‑month range 1.86 THB – 2.68 THB · fair‑value band 5.58 THB – 9.30 THB · the 2.52 THB price screens below the 7.44 THB fair value. As of Jun 25, 2026.

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Analysis

Applicad Public Company (APP) currently trades at 2.52 THB, while our model-based Fair Value estimate is 7.44 THB — implying the stock looks roughly 195.2% undervalued today. We read business quality at 95/100 (high quality), in the Technology 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: high) — always confirm before acting.

Over the trailing twelve months, Applicad Public Company generated revenue of 1.1B THB at a net margin of 8.3%. Revenue declined 5.7% year over year. It earns a return on equity of 20.8%. The balance sheet holds a net cash position of 363M THB. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 1.1B THB
Revenue growth (YoY) -5.7%
Net margin 8.3%
Return on equity 20.8%
Free cash flow 202M THB FY2025
P/E ratio 7.6
More key figures
Operating margin 12.0%
EPS (TTM) 0.3300 THB
Dividend yield 9.1%
EPS growth (YoY) -30.8%
Net cash 363M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Applicad Public Company Limited engages in the sale of computer programs primarily in Thailand and Indonesia. The company offers 2D/3D CAD, 3D printer, 3D scanner, animation and render, BIM, CAM, CAD viewer, cloud platform, communication design, management, simulation and checker, robot and automation, education and government, AI platform, and other products. It also provides various services, such as 3D animation and VR, and manufacturing and construction services; and BIM, AIC innovation center, and human plus solutions. In addition, the company is involved in sale of machinery, computer parts, spare parts, materials, and other products; and provision of design and manufacture of industrial parts and prototypes, and other services, as well as computer maintenances services. It also sells its products online. Applicad Public Company Limited was incorporated in 1994 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Applicad Public Company reported revenue of 1.1B THB in FY2025 versus 785M THB in FY2021, a compound +8.9%/yr. Reported net income was 104M THB in FY2025, compounding +15.5%/yr from FY2021.

Revenue +8.9%/yr
FY21 785M THB
FY22 875M THB
FY23 883M THB
FY24 993M THB
FY25 1.1B THB
Net income +15.5%/yr
FY21 58.5M THB
FY22 46.5M THB
FY23 50.7M THB
FY24 66.9M THB
FY25 104M THB

Open the full interactive analysis →

Similar stocks

6 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPP34 R$949.05 R$674.65 -29%
Salesforce, Inc CRM $170.92 $178.06 +4%
Uber Technologies, Inc UBER $71.43 $103.49 +45%
Shopify Inc SHOP $109.54 $30.42 -72%
ServiceNow, Inc NOW $127.65 $35.40 -72%
Cadence Design Systems, Inc CDNS $389.04 $80.41 -79%

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Frequently asked questions

Is Applicad Public Company (APP) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 7.44 THB versus a price of 2.52 THB — about +195% (undervalued). Model-based estimate, not financial advice.
What is the fair value of APP?
Our 21-model fair value for Applicad Public Company is 7.44 THB (as of Jun 25, 2026), built from audited fundamentals. The current price is 2.52 THB.
What is the quality score of APP?
Applicad Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Applicad Public Company (APP)?
Applicad Public Company reported trailing-twelve-month revenue of about 1.1B THB (latest available figure, as of Jun 25, 2026).
What is the net profit margin of APP?
The net profit margin of Applicad Public Company is about 8.3%, meaning it keeps roughly 8.3% of revenue as net income. Based on the latest reported figures.
Does Applicad Public Company pay a dividend?
Applicad Public Company currently shows a dividend yield of about 9.13% relative to its recent price (as of Jun 25, 2026).

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.

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