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New Plus Knitting Public Company (NPK) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 135M THB

NP New Plus Knitting Public Company NPK · BK
Price13.80 THB
Fair Value35.26 THB
Upside+155.5%
Quality93/100
Evidence: High Range 34.28 THB – 46.62 THB

Fair value as of: Jun 25, 2026

From 22 valuation models · updated 4 days ago

Share price +5.8% over the past month.

Price vs Fair Value (12 months)

20.63 THB 9.94 THB Fair Value 35.26 THB Jan 2025 Jun 2026

12‑month range 9.94 THB – 20.63 THB · fair‑value band 34.28 THB – 46.62 THB · the 13.80 THB price screens below the 35.26 THB fair value. As of Jun 25, 2026.

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Analysis

New Plus Knitting Public Company (NPK) currently trades at 13.80 THB, while our model-based Fair Value estimate is 35.26 THB — implying the stock looks roughly 155.5% undervalued today. We read business quality at 93/100 (high quality), in the Consumer Cyclical 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.

Over the trailing twelve months, New Plus Knitting Public Company generated revenue of 250M THB at a net margin of 10.2%. Revenue declined 30.3% year over year. It earns a return on equity of 6.2%. The balance sheet holds a net cash position of 42.3M THB. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 250M THB
Revenue growth (YoY) -30.3%
Net margin 10.2%
Return on equity 6.2%
Free cash flow 18.0M THB FY2025
P/E ratio 5.3
More key figures
Operating margin 1.4%
EPS (TTM) 2.56 THB
Dividend yield 1.9%
EPS growth (YoY) -94.0%
Net cash 42.3M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

New Plus Knitting Public Company Limited engages in the manufacture and distribution of women's stockings, socks, women's underwear, and other products related to such products in Thailand and internationally. The company was incorporated in 1972 and is headquartered in Chachoengsao, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

New Plus Knitting Public Company reported revenue of 271M THB in FY2025 versus 149M THB in FY2021, a compound +16.1%/yr. Reported net income was 31.9M THB in FY2025.

Revenue +16.1%/yr
FY21 149M THB
FY22 220M THB
FY23 239M THB
FY24 220M THB
FY25 271M THB
Net income
FY21 −19.3M THB
FY22 −19.0M THB
FY23 −8.5M THB
FY24 −9.1M THB
FY25 31.9M THB

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Frequently asked questions

Is New Plus Knitting Public Company (NPK) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 35.26 THB versus a price of 13.80 THB — about +156% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NPK?
Our 21-model fair value for New Plus Knitting Public Company is 35.26 THB (as of Jun 25, 2026), built from audited fundamentals. The current price is 13.80 THB.
What is the quality score of NPK?
New Plus Knitting Public Company has a Quality Score of 93/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of New Plus Knitting Public Company (NPK)?
New Plus Knitting Public Company reported trailing-twelve-month revenue of about 250M THB (latest available figure, as of Jun 25, 2026).
What is the net profit margin of NPK?
The net profit margin of New Plus Knitting Public Company is about 10.2%, meaning it keeps roughly 10.2% of revenue as net income. Based on the latest reported figures.
Does New Plus Knitting Public Company pay a dividend?
New Plus Knitting Public Company currently shows a dividend yield of about 1.85% relative to its recent price (as of Jun 25, 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.

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