Fairvalue-Calculator Fairvalue-Calculator
EN DE

Noble Development Public Company (NOBLE) Fair Value & Analysis

Real Estate · TH · Market cap 2.5B THB

Price1.77 THB
Fair Value4.43 THB
Upside+150.3%
Quality95/100
Evidence: High Range 3.32 THB – 5.53 THB

Fair value as of: Jun 26, 2026

Analysis

Noble Development Public Company (NOBLE) currently trades at 1.77 THB, while our model-based Fair Value estimate is 4.43 THB — implying the stock looks roughly 150.3% undervalued today. We read business quality at 95/100 (high quality), in the Real Estate 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.

About the company

Noble Development Public Company Limited, together with its subsidiaries, develops and sells real estate properties in Thailand. It operates through Condominium, House and Land, Rental and Service Business, and Others segments. It is involved in the sale of lands, lands and single detached houses, interior equipment, and condominium units; and provision of construction, rental and services, construction consulting, management, and juristic management services. The company is also involved in the manufacturing and sale of furniture. Noble Development Public Company Limited was founded in 1991 and is headquartered in Bangkok, Thailand.

Open the full interactive analysis →

Similar stocks

Vinhomes Joint Stock Company (VHM) -4% DLF Limited (DLF) -66% PT Pantai Indah Kapuk Dua Tbk, (PANI) -79% Lodha Developers Limited (LODHA) -16% Oberoi Realty Limited (OBEROIRLTY) -16% Godrej Properties Limited (GODREJPROP) +21%

Frequently asked questions

Is Noble Development Public Company (NOBLE) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 4.43 THB versus a price of 1.77 THB — about +150% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NOBLE?
Our 21-model fair value for Noble Development Public Company is 4.43 THB (as of Jun 26, 2026), built from audited fundamentals. The current price is 1.77 THB.
What is the quality score of NOBLE?
Noble Development Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.