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Bangkok Dec-Con Public Company (BKD) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 1.1B THB

BD Bangkok Dec-Con Public Company BKD · BK
Price1.11 THB
Fair Value1.43 THB
Upside+28.8%
Quality95/100
Evidence: High Range 1.25 THB – 2.06 THB

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 1.35 THB to 1.43 THB (+5.9%) since Jun 23, 2026. Share price −0.9% over the past month.

Price vs Fair Value (12 months)

1.15 THB 0.9016 THB Fair Value 1.43 THB Jun 2025 Jun 2026

12‑month range 0.9016 THB – 1.15 THB · fair‑value band 1.25 THB – 2.06 THB · the 1.11 THB price screens below the 1.43 THB fair value. As of Jun 24, 2026.

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Analysis

Bangkok Dec-Con Public Company (BKD) currently trades at 1.11 THB, while our model-based Fair Value estimate is 1.43 THB — implying the stock looks roughly 28.8% undervalued today. We read business quality at 95/100 (high 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: high) — always confirm before acting.

Over the trailing twelve months, Bangkok Dec-Con Public Company generated revenue of 438M THB at a net margin of 21.1%. Revenue grew 111.7% year over year. It earns a return on equity of 6.7%. Net debt stands at 3.6M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 438M THB
Revenue growth (YoY) +112%
Net margin 21.1%
Return on equity 6.7%
Free cash flow 7.6M THB FY2025
P/E ratio 12.9
More key figures
Operating margin 3.3%
EPS (TTM) 0.0860 THB
Dividend yield 4.5%
Net debt 3.6M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Bangkok Dec-Con Public Company Limited manufactures, trades in, and interior decorates furniture in Thailand and internationally. The company provides its products and services to condominiums, hotels, office buildings, department stores, universities, hospitals, and government buildings. The company was founded in 1985 and is based in Bang Bua Thong, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bangkok Dec-Con Public Company reported revenue of 834M THB in FY2025 versus 438M THB in FY2021, a compound +17.5%/yr. Reported net income was 138M THB in FY2025, compounding +10.6%/yr from FY2021.

Revenue +17.5%/yr
FY21 438M THB
FY22 772M THB
FY23 828M THB
FY24 1.1B THB
FY25 834M THB
Net income +10.6%/yr
FY21 92.4M THB
FY22 124M THB
FY23 16.8M THB
FY24 166M THB
FY25 138M THB

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Similar stocks

6 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥78.28 ¥129.52 +65%
Haier Smart Home Co QIHCF $2.42 $3.28 +36%
Gree Electric Appliances, Inc 000651 ¥36.99 ¥104.21 +182%
Guangdong Songfa Ceramics Co 603268 ¥146.83 ¥38.95 -73%
SharkNinja, Inc SN $119.82 $78.04 -35%
King Slide Works Co 2059 7,475 TWD 2,214 TWD -70%

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Frequently asked questions

Is Bangkok Dec-Con Public Company (BKD) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 1.43 THB versus a price of 1.11 THB — about +29% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BKD?
Our 21-model fair value for Bangkok Dec-Con Public Company is 1.43 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 1.11 THB.
What is the quality score of BKD?
Bangkok Dec-Con 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 Bangkok Dec-Con Public Company (BKD)?
Bangkok Dec-Con Public Company reported trailing-twelve-month revenue of about 438M THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of BKD?
The net profit margin of Bangkok Dec-Con Public Company is about 21.1%, meaning it keeps roughly 21.1% of revenue as net income. Based on the latest reported figures.
Does Bangkok Dec-Con Public Company pay a dividend?
Bangkok Dec-Con Public Company currently shows a dividend yield of about 4.46% relative to its recent price (as of Jun 24, 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.