SRI TRANG AGRO-INDUSTRY PCL (NC2) Fair Value & Analysis
Basic Materials · SG · Market cap 1.0B SGD
Fair value as of: Aug 13, 2026
From 11 valuation models · updated 5 days ago
Fair value updated Aug 13, 2026, revised from 0.7100 SGD to 1.13 SGD (+58.9%) since Aug 9, 2026. Share price +1.4% over the past month.
A solid business, screening 60% undervalued on our models.
What matters now
- Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (0.6832 SGD to 1.56 SGD) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range 0.1600 SGD – 1.38 SGD · fair‑value band 0.6832 SGD – 1.56 SGD · the 0.7050 SGD price screens below the 1.13 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
SRI TRANG AGRO-INDUSTRY PCL (NC2) currently trades at 0.7050 SGD, while our model-based Fair Value estimate is 1.13 SGD, implying the stock looks roughly 60.0% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Basic Materials 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: medium), always confirm before acting.
Over the trailing twelve months, SRI TRANG AGRO-INDUSTRY PCL generated revenue of 106B SGD at a net margin of -1.2%. Revenue declined 21.9% year over year. It earns a return on equity of -2.1%. Net debt stands at 36.1B SGD. Fundamentals as of Aug 13, 2026
Our scenario range runs from 0.6832 SGD (bear case) to 1.56 SGD (bull case); at 0.7050 SGD, the current price sits within 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 5% below its 52-week high and 341% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -68% fair-value upside, at 60%, NC2 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.
All 11 models by family
Widest divergence: DCF Models (3.04 SGD) versus Multiples (0.7100 SGD). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 71
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
Sri Trang Agro-Industry Public Company Limited, together with its subsidiaries, manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally. It operates through three segments: Natural Rubber Products, Gloves, and Other Businesses.
Full company description
Sri Trang Agro-Industry Public Company Limited, together with its subsidiaries, manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally. It operates through three segments: Natural Rubber Products, Gloves, and Other Businesses. The company manufactures, sells, and trades in ribbed smoked sheets, concentrated latex, and block rubbers, as well as special grade and air dried sheets; manufactures and sells powdered, powder-free, and nitrile latex gloves; and offers finished products, including examination gloves and high-pressure, compact, and mining hydraulic hoses, as well as industrial and water jet washing hoses. It also provides escalator handrails and rubber injection-moulded goods, as well as processed woods and packaging products; and engages in the plantation of rubber, palm, temperate fruits, and economic trees. In addition, the company offers engineering services, such as design, manufacturing, and installation of industrial machinery and spare parts; repair and maintenance; IT and mechanical efficiency consulting; research and development of machinery and production processes; instrument calibration services; environmental and workplace safety consulting; and other engineering services. Further, it is involved in logistics; import/export documentation; information technology; and dissolution services, as well as financial asset management and investment. The company was founded in 1987 and is headquartered in Songkhla, Thailand.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
SRI TRANG AGRO-INDUSTRY PCL reported revenue of 113B SGD in FY2025 versus 118B SGD in FY2021, a compound −1.0%/yr. Reported net income was −1.3B SGD in FY2025.
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Peer Group
Specialty Chemicals · 670 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.
Valuation Multiples vs Specialty Chemicals median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $479.43 | $222.03 | -54% |
| Wanhua Chemical Group 600309 | ¥75.06 | ¥68.03 | -9% |
| Novozymes A/S NSISB | kr 416.10 | kr 170.02 | -59% |
| Asian Paints Limited ASIANPAINT | ₹2,630 | ₹696.23 | -74% |
| Solar Industries India Limited SOLARINDS | ₹18,730 | ₹2,793 | -85% |
| Pidilite Industries Limited PIDILITIND | ₹1,702 | ₹351.84 | -79% |
| PT Chandra Asri Pacific Tbk TPIA | 2,160 IDR | 2,322 IDR | +8% |
| Berger Paints India Limited BERGEPAINT | ₹541.00 | ₹156.35 | -71% |
| Gujarat Fluorochemicals Limited FLUOROCHEM | ₹4,566 | ₹836.47 | -82% |
| Himadri Speciality Chemical Limited HSCL | ₹778.15 | ₹248.63 | -68% |
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Frequently asked questions
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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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