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Firetrade Engineering Public Company (FTE) Fair Value & Analysis

Industrials · TH · Market cap 1.6B THB

FE Firetrade Engineering Public Company FTE · BK
Price2.60 THB
Fair Value3.68 THB
Upside+41.5%
Quality95/100
Evidence: High Range 2.74 THB – 4.62 THB

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price +4.9% over the past month.

Price vs Fair Value (12 months)

2.66 THB 1.43 THB Fair Value 3.68 THB Jun 2025 Jun 2026

12‑month range 1.43 THB – 2.66 THB · fair‑value band 2.74 THB – 4.62 THB · the 2.60 THB price screens below the 3.68 THB fair value. As of Jun 24, 2026.

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Analysis

Firetrade Engineering Public Company (FTE) currently trades at 2.60 THB, while our model-based Fair Value estimate is 3.68 THB — implying the stock looks roughly 41.5% undervalued today. We read business quality at 95/100 (high quality), in the Industrials 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, Firetrade Engineering Public Company generated revenue of 1.5B THB at a net margin of 9.4%. Revenue grew 29.8% year over year. It earns a return on equity of 15.5%. Net debt stands at 48.7M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.5B THB
Revenue growth (YoY) +29.8%
Net margin 9.4%
Return on equity 15.5%
Free cash flow 204M THB FY2025
P/E ratio 11.4
More key figures
Operating margin 14.5%
EPS (TTM) 0.2100 THB
Dividend yield 7.1%
EPS growth (YoY) +57.0%
Net debt 48.7M THB FY2025

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

About the company

Firetrade Engineering Public Company Limited designs, sells, installs, repairs, and maintains fire protection equipment and systems in Thailand. The company operates in two segments, Sales of Fire Protection Equipment and Systems, and Project Works and Services. It offers safety products, including absorbents, emergency lights, shower and eyewash, firefighting suits, foot protection, pallet enlightening, and flammable cabinets; fire pump flow meters and pressure relief valves; fire alarm system that includes control panels and devices; fire suppression systems; kitchen fire protection system; water mist system; grooved couplings and fittings; FRC fire-resistant cables; and cold water and sanitary valves. The company also provides fire protection products comprising fire pumping system; fire protection products; fire alarm system; special fire extinguishing system; joints and fittings; water valves and sanitary fixtures; and safety equipment, as well as sprinkler accessories, fire ex…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Firetrade Engineering Public Company reported revenue of 1.4B THB in FY2025 versus 1.0B THB in FY2021, a compound +8.4%/yr. Reported net income was 123M THB in FY2025, compounding +29.3%/yr from FY2021.

Revenue +8.4%/yr
FY21 1.0B THB
FY22 1.1B THB
FY23 1.1B THB
FY24 1.3B THB
FY25 1.4B THB
Net income +29.3%/yr
FY21 44.0M THB
FY22 80.7M THB
FY23 118M THB
FY24 116M THB
FY25 123M THB

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Frequently asked questions

Is Firetrade Engineering Public Company (FTE) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 3.68 THB versus a price of 2.60 THB — about +42% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FTE?
Our 21-model fair value for Firetrade Engineering Public Company is 3.68 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 2.60 THB.
What is the quality score of FTE?
Firetrade Engineering 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 Firetrade Engineering Public Company (FTE)?
Firetrade Engineering Public Company reported trailing-twelve-month revenue of about 1.5B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of FTE?
The net profit margin of Firetrade Engineering Public Company is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does Firetrade Engineering Public Company pay a dividend?
Firetrade Engineering Public Company currently shows a dividend yield of about 7.08% 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.