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Mida Assets Public Company (MIDA) Fair Value & Analysis

Financial Services · TH · Market cap 1.3B THB

MA Mida Assets Public Company MIDA · BK
Price0.4000 THB
Fair Value0.8000 THB
Upside+100.0%
Quality34/100
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Weak Growth
Loss-making · -20.7% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 20/100
Evidence: Low Range 0.6000 THB – 1.19 THB Share as image

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 26 days ago

Share price −20.0% over the past month.

Below-average quality, screening 100% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (34/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.6000 THB). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.6000 THB to 1.19 THB) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.7300 THB 0.1800 THB Fair Value 0.8000 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 0.1800 THB – 0.7300 THB · fair‑value band 0.6000 THB – 1.19 THB · the 0.4000 THB price screens below the 0.8000 THB fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Mida Assets Public Company (MIDA) currently trades at 0.4000 THB, while our model-based Fair Value estimate is 0.8000 THB, implying the stock looks roughly 100.0% undervalued today. The Quality Score stands at 34/100 (below-average quality), in the Financial Services 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: low), always confirm before acting.

Over the trailing twelve months, Mida Assets Public Company generated revenue of 2.1B THB at a net margin of -20.5%. Revenue declined 1.9% year over year. It earns a return on equity of -9.4%. Net debt stands at 5.6B THB. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.6000 THB (bear case) to 1.19 THB (bull case); at 0.4000 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 near its 52-week high and 122% 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 100%, MIDA 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
NCAV (Graham) 0.6000 THB 0.8000 THB 1.19 THB 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.6000 THB 0.8000 THB 1.19 THB 50

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Key figures & financial health

Revenue (TTM) 2.1B THB
Revenue growth (YoY) +14.2%
Net margin -20.7%
Return on equity -10.0%
Free cash flow −379M THB FY2025
Operating margin 9.6%
More key figures
EPS (TTM) -0.1800 THB
EPS growth (YoY) -94.3%
Net debt 5.6B THB FY2025

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

Quality Score breakdown

Overall quality 34/100

Of which business quality 30 · Market factors (momentum, volatility) 78

Profitability 4
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 12
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 99
Price trend over the last 3–12 months (market factor)
52W Momentum 75
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

Mida Assets Public Company Limited, together with its subsidiaries, engages in the hire-purchase financing of electrical home appliances and motorcycles in Thailand. It provides products on hire purchase, such as televisions, DVD players, air conditioners, home theatre sets, refrigerators, washing machines, electric fans, etc., as well as sells merchandise.

Full company description

Mida Assets Public Company Limited, together with its subsidiaries, engages in the hire-purchase financing of electrical home appliances and motorcycles in Thailand. It provides products on hire purchase, such as televisions, DVD players, air conditioners, home theatre sets, refrigerators, washing machines, electric fans, etc., as well as sells merchandise. The company also develops real estate properties; operates hotels; operates and rents golf courses; and provides real estate agency services. In addition, it offers billboard and advertising services; public relation services; financial services for used cars; event organizing services; TV and radio programs; pawnshop; herbal supplement; and security guard services. Further, the company engages in the production of beer and various beverages; and management of hotels, resorts, commercial buildings, condominiums, and non-performing assets. The company was formerly known as Nakornpathom Mida 1991 and changed its name to Mida Assets Public Company Limited in 1997. Mida Assets Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mida Assets Public Company reported revenue of 2.1B THB in FY2025 versus 1.8B THB in FY2021, a compound +4.8%/yr. Reported net income was −422M THB in FY2025.

Growth Quality 9/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.1B THB
Latest YoY
+3.2%
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.
+2.5%
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.
−0.8%
Avg. growth/yr (23Y) 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.
+2.8%
Revenue +4.8%/yr
FY21 1.8B THB
FY22 2.0B THB
FY23 2.9B THB
FY24 2.1B THB
FY25 2.1B THB
Net income
FY21 −249M THB
FY22 −222M THB
FY23 292M THB
FY24 −212M THB
FY25 −422M THB

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

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 30 · Bottom 25%
Fair Value upside +100% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -21% · Bottom 25%
Operating margin (TTM) 10% · Bottom 25%
Revenue growth 14% · Above median
Debt / equity 0.34× · Lower than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers
PEG 1.64× · Pricier 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 37
FUTURE 71 · sector 39
PAST 0 · sector 32
HEALTH 83 · sector 58
DIVIDEND 0 · sector 51

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 16, 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 Mida Assets Public Company (MIDA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.8000 THB versus a price of 0.4000 THB, about +100% (undervalued).
What is the fair value of MIDA?
Our model-based fair value for Mida Assets Public Company is 0.8000 THB (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.4000 THB.
What is the quality score of MIDA?
Mida Assets Public Company has a Quality Score of 34/100. 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 Mida Assets Public Company (MIDA)?
Mida Assets Public Company reported trailing-twelve-month revenue of about 2.1B THB (latest available figure, as of Jul 16, 2026).
What is the net profit margin of MIDA?
The net profit margin of Mida Assets Public Company is about -20.5%, 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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