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Mitsib Leasing Public Company (MITSIB) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 769M THB

ML Mitsib Leasing Public Company MITSIB · BK
Price0.6300 THB
Fair Value0.5270 THB
Upside-16.4%
Quality31/100
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Weak Growth
Thin margins · 9.5% net margin
Low debt · generates free cash flow
3.64% dividend yield
Ranks above peers (9/14)
Moderate moat 47/100
Evidence: High Range 0.3910 THB – 0.5270 THB Share as image

Fair value as of: Jul 19, 2026

From 18 valuation models · updated 21 days ago

Share price +10.5% over the past month.

Below-average quality, and screening another 16% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.5270 THB). The favourable scenario is already priced in.
  • Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

1.33 THB 0.4491 THB Fair Value 0.5270 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 0.4491 THB – 1.33 THB · fair‑value band 0.3910 THB – 0.5270 THB · the 0.6300 THB price screens above the 0.5270 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Mitsib Leasing Public Company (MITSIB) currently trades at 0.6300 THB, while our model-based Fair Value estimate is 0.5270 THB, implying the stock looks roughly 16.4% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Consumer Cyclical 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, Mitsib Leasing Public Company generated revenue of 618M THB at a net margin of 9.5%. Revenue declined 16.5% year over year. It earns a return on equity of 4.8%. Net debt stands at 820M THB. Fundamentals as of Jul 19, 2026

Our scenario range runs from 0.3910 THB (bear case) to 0.5270 THB (bull case); at 0.6300 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 near its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -16%, MITSIB 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 0.1700 THB 0.2400 THB 0.3400 THB 80
Residual Income 0.6400 THB 0.6200 THB 0.5400 THB 76
Rev-Margin DCF 0.1300 THB 0.2100 THB 0.3100 THB 74
All 18 models by family
DCF Models
FCF DCF 0.1600 THB 0.2300 THB 0.3500 THB 38
Owner Earnings 0.3000 THB 0.4200 THB 0.6100 THB 31
5Y Revenue Exit 0.1300 THB 0.2100 THB 0.3200 THB 39
5Y P/E Exit 0.3500 THB 0.5900 THB 0.8700 THB 38
10Y Revenue Exit 0.1400 THB 0.1900 THB 0.2500 THB 36
10Y P/E Exit 0.2600 THB 0.4100 THB 0.5500 THB 35
Earnings-Based
Graham-Dodd 0.2700 THB 0.3300 THB 0.3700 THB 54
Dividend Discount
Gordon GGM 0.1200 THB 0.1300 THB 0.1400 THB 70
DDM Multi-Stage 0.1200 THB 0.1400 THB 0.1700 THB 61
Multiples
P/E Multiple 0.6600 THB 0.8800 THB 1.10 THB 63
P/S Multiple 0.2000 THB 0.2700 THB 0.3300 THB 58
P/B Multiple 0.5100 THB 0.6800 THB 0.8500 THB 55
EV/Revenue 0.1200 THB 0.2000 THB 0.2800 THB 43
Asset-Based
NCAV (Graham) 0.4500 THB 0.6000 THB 0.8900 THB 50
Growth DCF
Growth DCF 0.1700 THB 0.2400 THB 0.3400 THB 80
Rev-Margin DCF 0.1300 THB 0.2100 THB 0.3100 THB 74
Economic Profit
Residual Income 0.6400 THB 0.6200 THB 0.5400 THB 76
Growth Earnings
Growth-Adj P/E 0.4600 THB 0.6600 THB 0.8600 THB 68

Widest divergence: Growth Earnings (0.6600 THB) versus Dividend Discount (0.1300 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 618M THB
Revenue growth (YoY) -16.5%
Net margin 9.5%
Return on equity 4.8%
Free cash flow 39.5M THB FY2025
P/E ratio 13.5
More key figures
Operating margin 17.8%
EPS (TTM) 0.0400 THB
Dividend yield 3.7%
EPS growth (YoY) +55.2%
Net debt 820M THB FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 33 · Market factors (momentum, volatility) 64

Profitability 27
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 0
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

Mitsib Leasing Public Company Limited, together with its subsidiaries, provides hire purchase loan services in Thailand. It offers hire purchase financing for public transport vehicles, such as taxi, electric taxis, and other public transport vehicles; and commercial vehicles, including 4-wheel, 6-wheel, 10-wheel, and 12-wheel trucks.

Full company description

Mitsib Leasing Public Company Limited, together with its subsidiaries, provides hire purchase loan services in Thailand. It offers hire purchase financing for public transport vehicles, such as taxi, electric taxis, and other public transport vehicles; and commercial vehicles, including 4-wheel, 6-wheel, 10-wheel, and 12-wheel trucks. The company also provides taxi refinancing, solar rooftop, medical equipment, and property sale loans; and insurance brokerage services for taxi, car, accident, health, and travel. Mitsib Leasing Public Company Limited was founded in 2003 and is based in Mueang Samut Prakan, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mitsib Leasing Public Company reported revenue of 305M THB in FY2025 versus 504M THB in FY2021, a compound −11.8%/yr. Reported net income was 54.9M THB in FY2025, compounding +43.5%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
305M THB
Latest YoY
−59.7%
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.
−9.6%
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.
−7.6%
Avg. growth/yr (10Y) 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%
Revenue −11.8%/yr
FY21 504M THB
FY22 414M THB
FY23 631M THB
FY24 758M THB
FY25 305M THB
Net income +43.5%/yr
FY21 13.0M THB
FY22 21.5M THB
FY23 35.1M THB
FY24 12.0M THB
FY25 54.9M THB
Character of growth · EPS growth decomposed (2015-2025) −7.5 % p.a.
Revenue per share +5.3 pp

of which total revenue +6.9 pp · buybacks/dilution −1.6 pp

EBIT margin −4.4 pp
Tax rate −1.9 pp
Residual (interest, one-offs) −6.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

MITSIB screens 16% overvalued. Compare with Carvana Co →

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

Peer Group

Auto & Truck Dealerships · 102 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 31 · Bottom 25%
Fair Value upside −16% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth -12% · Bottom 25%
Dividend yield (TTM) 3.6% · Above median
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

P/E (TTM) 14.0× · Cheaper than median
P/B 0.63× · Cheaper than 75% of peers
P/S (TTM) 1.24× · Pricier than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 6.9× · Cheaper 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 12 · sector 21
FUTURE 0 · sector 9
PAST 19 · sector 20
HEALTH 95 · sector 89
DIVIDEND 73 · sector 49

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 Auto & Truck Dealerships stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Carvana Co CVNA $70.38 $24.58 -65%
Penske Automotive Group PAG $202.66 $241.86 +19%
Hotai Motor Co 2207 476.50 TWD 576.75 TWD +21%
CarMax, Inc KMX $58.47 $29.62 -49%
Lithia Motors, Inc LAD $339.16 $610.95 +80%
AutoNation, Inc AN $205.72 $329.77 +60%
Rush Enterprises, Inc RUSHA $76.89 $66.27 -14%
Valvoline Inc VVV $38.64 $24.57 -36%
OPENLANE, Inc OPLN $39.46 $33.81 -14%
Eagers Automotive Limited APE A$20.83 A$17.66 -15%

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Frequently asked questions

Is Mitsib Leasing Public Company (MITSIB) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 0.5270 THB versus a price of 0.6300 THB, about −16% (overvalued).
What is the fair value of MITSIB?
Our model-based fair value for Mitsib Leasing Public Company is 0.5270 THB (as of Jul 19, 2026), built from audited fundamentals. The current price is 0.6300 THB.
What is the quality score of MITSIB?
Mitsib Leasing Public Company has a Quality Score of 31/100. 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 Mitsib Leasing Public Company (MITSIB)?
Mitsib Leasing Public Company reported trailing-twelve-month revenue of about 618M THB (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MITSIB?
The net profit margin of Mitsib Leasing Public Company is about 9.5%, meaning it keeps roughly 9.5% of revenue as net income. Based on the latest reported figures.
Does Mitsib Leasing Public Company pay a dividend?
Mitsib Leasing Public Company currently shows a dividend yield of about 3.70% relative to its recent price (as of Jul 19, 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.

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