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MFC-Nichada Thani Property Fund 2 (MNIT2) Fair Value & Analysis

Energy · TH · Market cap 687M THB

MN MFC-Nichada Thani Property Fund 2 MNIT2 · BK
Price5.00 THB
Fair Value2.59 THB
Upside-48.2%
Quality57/100
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Evidence: High Range 1.96 THB – 3.23 THB

Fair value as of: Jun 24, 2026

From 19 valuation models · updated 9 days ago

Fair value updated Jun 24, 2026 — revised from 2.74 THB to 2.59 THB (−5.5%) since Jun 23, 2026. Share price −4.9% over the past month.

Price vs Fair Value (12 months)

5.75 THB 4.07 THB Fair Value 2.59 THB Jul 2024 Jul 2026

12‑month range 4.07 THB – 5.75 THB · fair‑value band 1.96 THB – 3.23 THB · the 5.00 THB price screens above the 2.59 THB fair value. As of Jun 24, 2026.

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Analysis

MFC-Nichada Thani Property Fund 2 (MNIT2) currently trades at 5.00 THB, while our model-based Fair Value estimate is 2.59 THB — implying the stock looks roughly 48.2% overvalued today. We read business quality at 57/100 (solid quality), in the Energy 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).

The stock trades on a trailing P/E of 30.3. Fundamentals as of Jun 24, 2026

Key figures & financial health

Free cash flow 31.8M THB FY2025
P/E ratio 30.3
EPS (TTM) 0.1650 THB

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

MFC-Nichada Thani Property Fund 2 is a fund specializing in real estate investments.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MFC-Nichada Thani Property Fund 2 reported revenue of 60.4M THB in FY2025 versus 29.6M THB in FY2021, a compound +19.5%/yr. Reported net income was 43.8M THB in FY2025, compounding +31.1%/yr from FY2021.

Revenue +19.5%/yr
FY21 29.6M THB
FY22 42.3M THB
FY23 49.6M THB
FY24 60.3M THB
FY25 60.4M THB
Net income +31.1%/yr
FY21 14.8M THB
FY22 26.9M THB
FY23 32.4M THB
FY24 45.3M THB
FY25 43.8M THB

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Similar stocks

6 more Energy stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Exxon Mobil Corporation EXXO34 R$96.32 R$50.29 -48%
Chevron Corporation CHVX34 R$96.36 R$34.95 -64%
PetroChina Company 601857 ¥10.61 ¥12.87 +21%
Petróleo Brasileiro S.A PBR 25,340 ARS 47,118 ARS +86%
Shell plc SHELL 854.00 CZK 818.95 CZK -4%
Reliance Industries Limited RELIANCE ₹1,291 ₹812.28 -37%

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Frequently asked questions

Is MFC-Nichada Thani Property Fund 2 (MNIT2) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 2.59 THB versus a price of 5.00 THB — about −48% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MNIT2?
Our model-based fair value for MFC-Nichada Thani Property Fund 2 is 2.59 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 5.00 THB.
What is the quality score of MNIT2?
MFC-Nichada Thani Property Fund 2 has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of MNIT2?
The net profit margin of MFC-Nichada Thani Property Fund 2 is about 0.0%, meaning it keeps roughly 0.0% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.