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I.C.C. International Public Company (ICC) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 12.0B THB

IC I.C.C. International Public Company ICC · BK
Price24.00 THB
Fair Value34.55 THB
Upside+44.0%
Quality94/100
Evidence: High Range 25.42 THB – 42.34 THB

Fair value as of: Jun 24, 2026

From 18 valuation models · updated 5 days ago

Share price +1.7% over the past month.

Price vs Fair Value (12 months)

28.18 THB 19.73 THB Fair Value 34.55 THB Sep 2024 Jun 2026

12‑month range 19.73 THB – 28.18 THB · fair‑value band 25.42 THB – 42.34 THB · the 24.00 THB price screens below the 34.55 THB fair value. As of Jun 24, 2026.

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Analysis

I.C.C. International Public Company (ICC) currently trades at 24.00 THB, while our model-based Fair Value estimate is 34.55 THB — implying the stock looks roughly 44.0% undervalued today. We read business quality at 94/100 (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, I.C.C. International Public Company generated revenue of 8.2B THB at a net margin of 4.0%. Revenue declined 7.3% year over year. It earns a return on equity of 1.1%. Net debt stands at 367M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 8.2B THB
Revenue growth (YoY) -7.3%
Net margin 4.0%
Return on equity 1.1%
Free cash flow 1.3B THB FY2025
P/E ratio 36.9
More key figures
Operating margin -3.3%
EPS (TTM) 0.6500 THB
Dividend yield 2.9%
EPS growth (YoY) -77.8%
Net debt 367M THB FY2025

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

About the company

I.C.C. International Public Company Limited engages in the distribution of consumer products in Thailand. The company operates through four segments: Cosmetics Toiletries & Perfumeries; Women's Apparel; Men's Apparel; and Household Products. It offers fashion and apparels, cosmetics, bags and leatherwear, shoes, sports products, heath and supplement products, household goods, and food and beverage products, as well as products for toddlers. The company also engages in property and hotel property development; car rental services; sales products via electronic media; warehouse management and distribution center; real estate rental and leasing services; and manufacturing and distribution of apparels and textiles. It sells its products through department and various stores. The company was formerly known as International Cosmetics Public company Limited and changed its name to I.C.C. International Public Company Limited in 1996. I.C.C. International Public Company Limited was founded in…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

I.C.C. International Public Company reported revenue of 8.3B THB in FY2025 versus 6.8B THB in FY2021, a compound +5.2%/yr. Reported net income was 796M THB in FY2025, compounding +60.0%/yr from FY2021.

Revenue +5.2%/yr
FY21 6.8B THB
FY22 8.5B THB
FY23 8.8B THB
FY24 8.7B THB
FY25 8.3B THB
Net income +60.0%/yr
FY21 122M THB
FY22 619M THB
FY23 894M THB
FY24 983M THB
FY25 796M THB

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Similar stocks

6 more Apparel Retail stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A IDEXY $15.66 $11.99 -23%
The TJX Companies, Inc TJX C$29.33 C$16.00 -45%
Fast Retailing Co FRCOY $50.56 $19.25 -62%
Ross Stores, Inc ROST $230.37 $96.26 -58%
NEXT plc NXGPF $190.69 $200.58 +5%
Burlington Stores, Inc BURL $327.01 $112.12 -66%

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Frequently asked questions

Is I.C.C. International Public Company (ICC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 34.55 THB versus a price of 24.00 THB — about +44% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ICC?
Our 21-model fair value for I.C.C. International Public Company is 34.55 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 24.00 THB.
What is the quality score of ICC?
I.C.C. International Public Company has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of I.C.C. International Public Company (ICC)?
I.C.C. International Public Company reported trailing-twelve-month revenue of about 8.2B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ICC?
The net profit margin of I.C.C. International Public Company is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.
Does I.C.C. International Public Company pay a dividend?
I.C.C. International Public Company currently shows a dividend yield of about 2.89% 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.