EN DE

Glory Forever Public Company (GLORY) Fair Value & Analysis

Industrials · TH · Market cap 289M THB

GF Glory Forever Public Company GLORY · BK
Price1.00 THB
Fair Value1.11 THB
Upside+11.0%
Quality59/100
Watch Glory Forever Public Company for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -30.7% net margin
generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 12/100
Evidence: Medium Range 0.8600 THB – 1.36 THB Share as image

Fair value as of: Jul 17, 2026

From 3 valuation models · updated 24 days ago

Share price −6.5% over the past month.

A solid business, screening 11% undervalued on our models.

What matters now

  • Our model range runs from 0.8600 THB (bear) to 1.36 THB (bull), base 1.11 THB. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with medium evidence: read the verdict with care.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

7.45 THB 0.5300 THB Fair Value 1.11 THB Oct 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

57‑month range 0.5300 THB – 7.45 THB · fair‑value band 0.8600 THB – 1.36 THB · the 1.00 THB price screens below the 1.11 THB fair value. Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Glory Forever Public Company (GLORY) currently trades at 1.00 THB, while our model-based Fair Value estimate is 1.11 THB, implying the stock looks roughly 11.0% undervalued today. The Quality Score stands at 59/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Glory Forever Public Company generated revenue of 125M THB at a net margin of -30.7%. Revenue declined 9.4% year over year. It earns a return on equity of -18.3%. The balance sheet holds a net cash position of 28.8M THB. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.8600 THB (bear case) to 1.36 THB (bull case); at 1.00 THB, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 35% below its 52-week high and 92% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 11%, GLORY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 0.3800 THB 0.5500 THB 0.8000 THB 72
Rev-Margin DCF 0.3900 THB 0.6000 THB 1.04 THB 67
NCAV (Graham) 0.2900 THB 0.3900 THB 0.5900 THB 50
All 3 models by family
Asset-Based
NCAV (Graham) 0.2900 THB 0.3900 THB 0.5900 THB 50
Growth DCF
Growth DCF 0.3800 THB 0.5500 THB 0.8000 THB 72
Rev-Margin DCF 0.3900 THB 0.6000 THB 1.04 THB 67

Widest divergence: Growth DCF (0.5500 THB) versus Asset-Based (0.3900 THB). Highest evidence: Growth DCF (72).

Notify me when GLORY reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 125M THB
Revenue growth (YoY) -9.4%
Net margin -30.7%
Return on equity -18.3%
Free cash flow 6.6M THB FY2025
Operating margin -12.0%
More key figures
EPS (TTM) -0.1500 THB
EPS growth (YoY) -97.7%
Net cash 28.8M THB FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 46

Profitability 14
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 21
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Glory Forever Public Company Limited operates an online media platform for digital books in Thailand. It operates in three segments: E-commerce, Residential, and Other segments. The company operates Alisa, a generative AI chatbot; and platforms for reading-writing, including Kawebook and Jinovel.

Full company description

Glory Forever Public Company Limited operates an online media platform for digital books in Thailand. It operates in three segments: E-commerce, Residential, and Other segments. The company operates Alisa, a generative AI chatbot; and platforms for reading-writing, including Kawebook and Jinovel. In addition, it provides management services and contracting works for residential projects; online novel platform; and offers health products. Glory Forever Public Company Limited was incorporated in 2017 and is based in Mueang Samut Sakhon, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Glory Forever Public Company reported revenue of 129M THB in FY2025 versus 91.1M THB in FY2021, a compound +9.0%/yr. Reported net income was −36.8M THB in FY2025.

Growth Quality 48/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
129M THB
Latest YoY
−4.4%
Avg. growth/yr (3Y) 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.
−1.1%
Avg. growth/yr (5Y) 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.
+10.4%
Avg. growth/yr (8Y) 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.
+81.3%
Revenue +9.0%/yr
FY21 91.1M THB
FY22 133M THB
FY23 85.6M THB
FY24 134M THB
FY25 129M THB
Net income
FY21 15.1M THB
FY22 29.0M THB
FY23 −40.6M THB
FY24 −67.8M THB
FY25 −36.8M THB

Watch GLORY: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Glory Forever Public Company Fair Value". https://www.fairvalue-calculator.com/stock/GLORY

Peer Group

Conglomerates · 369 stocks

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.

Quality Score 59 · Top 25%
Fair Value upside +11% · Above median
Return on assets -4% · Bottom 25%
Net margin (TTM) -31% · Bottom 25%
Operating margin (TTM) -12% · Bottom 25%
Revenue growth -9% · Bottom 25%

Valuation Multiples vs Conglomerates median · lower = cheaper

P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
P/FCF 1.3× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 48 · sector 20
FUTURE 0 · sector 16
PAST 0 · sector 20
HEALTH 0 · sector 88
DIVIDEND 0 · sector 39

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

Compare Glory Forever Public Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Glory Forever Public Company (GLORY) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1.11 THB versus a price of 1.00 THB, about +11% (undervalued).
What is the fair value of GLORY?
Our model-based fair value for Glory Forever Public Company is 1.11 THB (as of Jul 17, 2026), built from audited fundamentals. The current price is 1.00 THB.
What is the quality score of GLORY?
Glory Forever Public Company has a Quality Score of 59/100. 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 revenue of Glory Forever Public Company (GLORY)?
Glory Forever Public Company reported trailing-twelve-month revenue of about 125M THB (latest available figure, as of Jul 17, 2026).
What is the net profit margin of GLORY?
The net profit margin of Glory Forever Public Company is about -30.7%, 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.

14 days Pro free · no card

Track Glory Forever Public Company and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.