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Loxley Public Company (LOXLEY) Fair Value & Analysis

Industrials · TH · Market cap 3.4B THB

LP Loxley Public Company LOXLEY · BK
Price1.54 THB
Fair Value2.94 THB
Upside+90.9%
Quality57/100
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Weak Growth
Thin margins · 5.0% net margin
Low debt · generates free cash flow
5.33% dividend yield
Ranks above peers (13/15)
Narrow moat 36/100
Evidence: High Range 2.21 THB – 3.67 THB Share as image

Fair value as of: Jul 16, 2026

From 12 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 2.88 THB to 2.94 THB (+2.1%) since Jun 26, 2026. Share price +8.5% over the past month.

A solid business, screening 91% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2.21 THB). The market is more pessimistic than our downside scenario.
  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

2.54 THB 0.9154 THB Fair Value 2.94 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 0.9154 THB – 2.54 THB · fair‑value band 2.21 THB – 3.67 THB · the 1.54 THB price screens below the 2.94 THB fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Loxley Public Company (LOXLEY) currently trades at 1.54 THB, while our model-based Fair Value estimate is 2.94 THB, implying the stock looks roughly 90.9% undervalued today. The Quality Score stands at 57/100 (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: high), always confirm before acting.

Over the trailing twelve months, Loxley Public Company generated revenue of 11.8B THB at a net margin of 4.0%. Revenue declined 0.3% year over year. It earns a return on equity of 8.6%. Net debt stands at 555M THB. Fundamentals as of Jul 16, 2026

Our scenario range runs from 2.21 THB (bear case) to 3.67 THB (bull case); at 1.54 THB, the current price sits below 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 15% below its 52-week high and 60% 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 91%, LOXLEY 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 2.94 THB 3.64 THB 4.91 THB 80
Residual Income 2.26 THB 2.37 THB 2.55 THB 76
Rev-Margin DCF 1.49 THB 1.59 THB 1.77 THB 74
All 12 models by family
DCF Models
Owner Earnings 2.77 THB 3.46 THB 4.83 THB 31
5Y P/E Exit 3.12 THB 4.31 THB 5.78 THB 38
10Y P/E Exit 3.00 THB 3.92 THB 4.86 THB 35
Earnings-Based
Graham-Dodd 1.41 THB 2.30 THB 2.79 THB 54
Dividend Discount
Gordon GGM 0.2600 THB 0.3200 THB 0.3800 THB 70
DDM Multi-Stage 0.2600 THB 0.3500 THB 0.4400 THB 61
Multiples
P/E Multiple 3.11 THB 4.15 THB 5.19 THB 63
P/B Multiple 2.65 THB 3.53 THB 4.41 THB 55
Asset-Based
NCAV (Graham) 1.41 THB 1.89 THB 2.82 THB 50
Growth DCF
Growth DCF 2.94 THB 3.64 THB 4.91 THB 80
Rev-Margin DCF 1.49 THB 1.59 THB 1.77 THB 74
Economic Profit
Residual Income 2.26 THB 2.37 THB 2.55 THB 76

Widest divergence: DCF Models (3.92 THB) versus Dividend Discount (0.3200 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 12.1B THB
Revenue growth (YoY) +11.6%
Net margin 5.0%
Return on equity 10.5%
Free cash flow 532M THB FY2025
P/E ratio 5.5
More key figures
Operating margin 1.8%
EPS (TTM) 0.2700 THB
Dividend yield 5.3%
EPS growth (YoY) +200%
Net debt 555M THB FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 55 · Market factors (momentum, volatility) 77

Profitability 37
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 79
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.

About the company

Loxley Public Company Limited engages in the trading and turnkey contract sale of telecommunication equipment, rail transport engineering and other systems in Thailand.

Full company description

Loxley Public Company Limited engages in the trading and turnkey contract sale of telecommunication equipment, rail transport engineering and other systems in Thailand. It operates through six segments: Information Technology Business Group; Services Business Group; Energy Business Group; Network Solutions Business Group; Trading Business Group; and Special and Other Businesses. It offers computer network system and business management; business and airport security; and engages in development of AI and blockchain technology, and cyber-security services. It also provides financial application platforms for financial transactions; cleaning services, building maintenance and turnkey facilities management; and operates power systems for both government and private sectors. In addition, it offers turnkey engineering procurement and construction services; provides power systems for factories, high-rise buildings, and utility systems; system layout designing, installing, and maintaining telecommunications systems and communications services over digital networks; and engages in purchasing, procuring and installing equipment, and developing software and applications for specific requirements. Further, it provides training and repair enable service; operates as an agent in distribution and logistics for consumer products through retail channels; printing technology; engages in printer and software related printing process; and design, maintenance and consulting services. Additionally, it supplies electronic equipment; providing installation, maintenance, and after-sales services; procurement and installation services of education hardware; AI powered omnichannel communication solutions; and design, construction, and installation of solar power plants. The company was formerly known as Loxley (Bangkok) Company Limited and changed its name to Loxley Public Company Limited in April 1993. The company was incorporated in 1939 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Loxley Public Company reported revenue of 11.7B THB in FY2025 versus 11.7B THB in FY2021, a compound +0.0%/yr. Reported net income was 470M THB in FY2025, compounding −2.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
11.7B THB
Latest YoY
+3.8%
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.
−2.0%
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.
−3.9%
Avg. growth/yr (25Y) 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.
+2.4%
Revenue +0.0%/yr
FY21 11.7B THB
FY22 12.4B THB
FY23 11.1B THB
FY24 11.3B THB
FY25 11.7B THB
Net income −2.4%/yr
FY21 518M THB
FY22 155M THB
FY23 359M THB
FY24 50.2M THB
FY25 470M THB

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

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 57 · Above median
Fair Value upside +91% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 1% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 5.3% · Top 25%
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 5.5× · Cheaper than 75% of peers
P/B 0.53× · Cheaper than median
P/S (TTM) 0.28× · Cheaper than median
P/FCF 0.2× · Cheaper than median
EV/EBITDA 6.0× · Cheaper than median
PEG 0.28× · 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.

VALUE 100 · sector 20
FUTURE 58 · sector 16
PAST 42 · sector 20
HEALTH 95 · sector 88
DIVIDEND 100 · sector 39

Insider activity: 45/100

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 16, 2026).

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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%
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Frequently asked questions

Is Loxley Public Company (LOXLEY) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 2.94 THB versus a price of 1.54 THB, about +91% (undervalued).
What is the fair value of LOXLEY?
Our model-based fair value for Loxley Public Company is 2.94 THB (as of Jul 16, 2026), built from audited fundamentals. The current price is 1.54 THB.
What is the quality score of LOXLEY?
Loxley Public Company has a Quality Score of 57/100. 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 Loxley Public Company (LOXLEY)?
Loxley Public Company reported trailing-twelve-month revenue of about 11.8B THB (latest available figure, as of Jul 16, 2026).
What is the net profit margin of LOXLEY?
The net profit margin of Loxley Public Company is about 4.0%, meaning it keeps roughly 4.0% 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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