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Lease IT Public Company (LIT) Fair Value & Analysis

Financial Services · TH · Market cap 390M THB

LI Lease IT Public Company LIT · BK
Price0.9000 THB
Fair Value0.3200 THB
Upside-64.4%
Quality54/100
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Weak Growth
Solidly profitable · 11.3% net margin
Moderate debt · negative free cash flow
Trails peers (4/12)
Narrow moat 41/100
Evidence: High Range 0.2400 THB – 0.4000 THB Share as image

Fair value as of: Jul 20, 2026

From 5 valuation models · updated 21 days ago

Share price +1.1% over the past month.

A solid business, but screening 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.4000 THB). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

3.52 THB 0.4000 THB Fair Value 0.3200 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 0.4000 THB – 3.52 THB · fair‑value band 0.2400 THB – 0.4000 THB · the 0.9000 THB price screens above the 0.3200 THB fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Lease IT Public Company (LIT) currently trades at 0.9000 THB, while our model-based Fair Value estimate is 0.3200 THB, implying the stock looks roughly 64.4% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Financial Services 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: high).

Over the trailing twelve months, Lease IT Public Company generated revenue of 117M THB at a net margin of 11.3%. Revenue grew 13.6% year over year. It earns a return on equity of 2.4%. Net debt stands at 401M THB. Fundamentals as of Jul 20, 2026

Our scenario range runs from 0.2400 THB (bear case) to 0.4000 THB (bull case); at 0.9000 THB, the current price sits above 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 11% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -64%, LIT 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
Residual Income 0.8200 THB 0.7500 THB 0.5300 THB 76
P/E Multiple 0.2400 THB 0.3200 THB 0.4000 THB 63
P/B Multiple 0.3100 THB 0.4200 THB 0.5200 THB 55
All 5 models by family
Earnings-Based
Graham-Dodd 0.1700 THB 0.2000 THB 0.2300 THB 54
Multiples
P/E Multiple 0.2400 THB 0.3200 THB 0.4000 THB 63
P/B Multiple 0.3100 THB 0.4200 THB 0.5200 THB 55
Asset-Based
NCAV (Graham) 0.6300 THB 0.8400 THB 1.25 THB 50
Economic Profit
Residual Income 0.8200 THB 0.7500 THB 0.5300 THB 76

Widest divergence: Asset-Based (0.8400 THB) versus Earnings-Based (0.2000 THB). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 117M THB
Revenue growth (YoY) +13.6%
Net margin 11.3%
Return on equity 2.4%
Free cash flow −64.2M THB FY2025
P/E ratio 35.5
More key figures
Operating margin 18.9%
EPS (TTM) 0.0200 THB
EPS growth (YoY) +71.2%
Net debt 401M THB FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 48 · Market factors (momentum, volatility) 78

Profitability 21
Margins and returns on capital today
Quality Growth 95
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 79
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

Lease IT Public Company Limited, together with its subsidiaries, provides financial services to small and medium enterprises in Thailand. The company operates through three segments: Financial Services in Various Forms; Credit Information Services and Analysis; and Online Shopping Service Platform.

Full company description

Lease IT Public Company Limited, together with its subsidiaries, provides financial services to small and medium enterprises in Thailand. The company operates through three segments: Financial Services in Various Forms; Credit Information Services and Analysis; and Online Shopping Service Platform. It offers hire-purchase, leasing, factoring services, bid bond and e-bidding, project backup financing, trade finance, letters of credit, and supplier finance programs, as well as other loans. The company engages in the provision of data information, and credit analysis and management services; and installment trading business on electronic platform. The company was incorporated in 2006 and is based in Bangkok, Thailand. Lease IT Public Company Limited is a subsidiary of SVOA Public Company Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lease IT Public Company reported revenue of 172M THB in FY2025 versus 305M THB in FY2021, a compound −13.3%/yr. Reported net income was 10.8M THB in FY2025.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
172M THB
Latest YoY
+64.9%
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.
+5.9%
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.
−14.5%
Avg. growth/yr (15Y) 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.
−1.0%
Revenue −13.3%/yr
FY21 305M THB
FY22 145M THB
FY23 99.1M THB
FY24 105M THB
FY25 172M THB
Net income
FY21 −95.5M THB
FY22 −100M THB
FY23 −118M THB
FY24 −450M THB
FY25 10.8M THB

LIT screens 64% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "Lease IT Public Company Fair Value". https://www.fairvalue-calculator.com/stock/LIT

Peer Group

Credit Services · 331 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 55 · Above median
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 11% · Below median
Operating margin (TTM) 15% · Below median
Revenue growth 15% · Above median
Debt / equity 0.80× · Lower than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 44.0× · Pricier than 75% of peers
P/B 0.70× · Cheaper than median
P/S (TTM) 3.34× · Pricier than median
EV/EBITDA 12.7× · 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 0 · sector 37
FUTURE 77 · sector 39
PAST 10 · sector 32
HEALTH 60 · sector 58
DIVIDEND 0 · sector 51

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

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

Similar stocks

10 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is Lease IT Public Company (LIT) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 0.3200 THB versus a price of 0.9000 THB, about −64% (overvalued).
What is the fair value of LIT?
Our model-based fair value for Lease IT Public Company is 0.3200 THB (as of Jul 20, 2026), built from audited fundamentals. The current price is 0.9000 THB.
What is the quality score of LIT?
Lease IT Public Company has a Quality Score of 54/100. 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 Lease IT Public Company (LIT)?
Lease IT Public Company reported trailing-twelve-month revenue of about 117M THB (latest available figure, as of Jul 20, 2026).
What is the net profit margin of LIT?
The net profit margin of Lease IT Public Company is about 11.3%, meaning it keeps roughly 11.3% of revenue as net income. 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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