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LDC Dental Public Company Limited (LDC) Fair Value & Analysis

Healthcare · TH · Market cap 144M THB

LD LDC Dental Public Company Limited LDC · BK
Price0.2300 THB
Fair Value0.1300 THB
Upside-43.5%
Quality38/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 77% ABOVE our fair value of 0.1300 THB
!Weak Growth (revenue 5y −5.7 %/yr)
!Loss-making · -6.8% net margin
!Trails peers (4/11)
Weak Growth (revenue 5y −5.7 %/yr)
Loss-making · -6.8% net margin
Low debt · generates free cash flow
Trails peers (4/11)
Narrow moat 16/100
Evidence: Medium Range 0.0300 THB – 0.3300 THB Share as image

Fair value as of: Aug 14, 2026

From 11 valuation models · updated 12 days ago

Below-average quality, and trading another 77% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (0.0300 THB to 0.3300 THB). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

1.87 THB 0.2300 THB Fair Value 0.1300 THB Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range 0.2300 THB – 1.87 THB · fair‑value band 0.0300 THB – 0.3300 THB · the 0.2300 THB price screens above the 0.1300 THB fair value. Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

LDC Dental Public Company Limited (LDC) currently trades at 0.2300 THB, while our model-based Fair Value estimate is 0.1300 THB, implying the stock looks roughly 43.5% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, LDC Dental Public Company Limited generated revenue of 311M THB at a net margin of -6.8%. Revenue declined 5.4% year over year. It earns a return on equity of -8.9%. Net debt stands at 395M THB. Fundamentals as of Aug 14, 2026

Our scenario range runs from 0.0300 THB (bear case) to 0.3300 THB (bull case); at 0.2300 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 48% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -14% fair-value upside, at -43%, LDC screens richer 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 0.0200 THB 0.0400 THB 0.0600 THB 80
Rev-Margin DCF 0.0300 THB 0.0600 THB 0.0900 THB 74
EV/EBITDA 0.5600 THB 0.7500 THB 0.9500 THB 54
All 11 models by family
DCF Models
FCF DCF 0.0200 THB 0.0400 THB 0.0600 THB 38
Owner Earnings 0.0200 THB 0.0400 THB 0.0600 THB 31
5Y Revenue Exit 0.0300 THB 0.0500 THB 0.0900 THB 39
5Y EBITDA Exit 0.2600 THB 0.4500 THB 0.7100 THB 41
10Y Revenue Exit 0.0200 THB 0.0400 THB 0.0600 THB 36
10Y EBITDA Exit 0.1400 THB 0.2500 THB 0.3700 THB 37
Multiples
EV/EBITDA 0.5600 THB 0.7500 THB 0.9500 THB 54
EV/Revenue 0.0400 THB 0.0700 THB 0.1000 THB 43
Asset-Based
NCAV (Graham) 0.1900 THB 0.2600 THB 0.3800 THB 50
Growth DCF
Growth DCF 0.0200 THB 0.0400 THB 0.0600 THB 80
Rev-Margin DCF 0.0300 THB 0.0600 THB 0.0900 THB 74

Widest divergence: Asset-Based (0.2600 THB) versus DCF Models (0.0400 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 0.46 TTM
Net margin -6.8% TTM
Return on equity -8.9% TTM
Return on assets -0.3% TTM
Operating margin -0.8% TTM
EPS (TTM) -0.0400 THB
More key figures
Growth
Revenue (TTM) 311M THB TTM
Revenue growth (YoY) -5.4% 3y avg -9.9%
EPS growth (YoY) -65.5%
Balance sheet & cash flow
Free cash flow 4.8M THB FY2025
Net debt 395M THB FY2025 · ≈ 82.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 37 · Market factors (momentum, volatility) 25

Profitability 13
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 82
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

LDC Dental Public Company Limited operates a dental clinic center in Thailand. It offers dentistry services, including orthodontics, implants, cosmetic and pedodontist dentistry, prosthodontics, endodontics, oral surgery, periodontics, orthodontics, restoratives, and preventative dentistry, as well as x-ray services; and sells dental-related products.

Full company description

LDC Dental Public Company Limited operates a dental clinic center in Thailand. It offers dentistry services, including orthodontics, implants, cosmetic and pedodontist dentistry, prosthodontics, endodontics, oral surgery, periodontics, orthodontics, restoratives, and preventative dentistry, as well as x-ray services; and sells dental-related products. The company was founded in 1992 and is headquartered in Samut Prakan, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LDC Dental Public Company Limited reported revenue of 315M THB in FY2025 versus 367M THB in FY2021, a compound −3.8%/yr. Reported net income was −17.9M THB in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
315M THB
Latest YoY
−11.9%
Avg. revenue 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.
−9.9%
Avg. revenue 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.
−5.7%
Avg. revenue growth/yr (12Y) 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.
−0.8%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −3.8%/yr
FY21 367M THB
FY22 431M THB
FY23 413M THB
FY24 358M THB
FY25 315M THB
Net income
FY21 −23.8M THB
FY22 26.9M THB
FY23 17.1M THB
FY24 5.0M THB
FY25 −17.9M THB

LDC screens 43% overvalued. Compare with HCA Healthcare, Inc →

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Cite: Fair Value Calculator (2026). "LDC Dental Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/LDC

Peer Group

Medical Care Facilities · 265 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 38 · Bottom 25%
Fair Value upside −44% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) -1% · Bottom 25%
Revenue growth -5% · Bottom 25%
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.9× · Cheaper than median
EV/EBITDA 2.1× · Cheaper than 75% of peers

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 22
FUTURE0 · sector 24
PAST0 · sector 30
HEALTH94 · sector 90
DIVIDEND0 · sector 40

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc HCA $414.59 $547.67 +32%
Fresenius SE FRE €46.82 €32.15 -31%
Dr. Sulaiman Al Habib Medical Services Group 4013 237.80 SAR 112.37 SAR -53%
IHH Healthcare Berhad, an investment holding company, Q0F 2.67 SGD 1.44 SGD -46%
Tenet Healthcare Corporation THC $266.79 $330.25 +24%
DaVita Inc DVA $180.06 $186.49 +4%
Apollo Hospitals Enterprise Limited APOLLOHOSP ₹8,818 ₹2,955 -66%
Fresenius Medical Care AG FMS $23.50 $46.42 +98%
Aier Eye Hospital Group 300015 ¥8.87 ¥7.67 -14%
Max Healthcare Institute Limited MAXHEALTH ₹1,008 ₹284.87 -72%

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Frequently asked questions

Is LDC Dental Public Company Limited (LDC) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of 0.1300 THB versus a price of 0.2300 THB, about −43% (overvalued).
What is the fair value of LDC?
Our model-based fair value for LDC Dental Public Company Limited is 0.1300 THB (as of Aug 14, 2026), built from audited fundamentals. The current price: 0.2300 THB.
What is the quality score of LDC?
LDC Dental Public Company Limited has a Quality Score of 38/100. 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 LDC Dental Public Company Limited (LDC)?
LDC Dental Public Company Limited reported trailing-twelve-month revenue of about 311M THB (latest available figure, as of Aug 14, 2026).
What is the net profit margin of LDC?
The net profit margin of LDC Dental Public Company Limited is about -6.8%, 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.

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