EN DE

Panelesmatic Solutions Public Company (PANEL) Fair Value & Analysis

Industrials · TH · Market cap 224M THB

PS Panelesmatic Solutions Public Company PANEL · BK
Price1.21 THB
Fair Value1.57 THB
Upside+29.8%
Quality37/100
Watch Panelesmatic Solutions Public Company for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 8.5% net margin
Low debt · negative free cash flow
2.80% dividend yield
Ranks above peers (8/13)
Narrow moat 38/100
Evidence: Medium Range 1.11 THB – 2.04 THB Share as image

Fair value as of: Jul 18, 2026

From 14 valuation models · updated 23 days ago

Share price +0.8% over the past month.

Below-average quality, screening 30% undervalued on our models.

What matters now

  • A fairly wide model range (1.11 THB to 2.04 THB) leaves room in how you read the outcome.
  • Our model range runs from 1.11 THB (bear) to 2.04 THB (bull), base 1.57 THB. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 37/100 (below-average quality) with medium evidence: read the verdict with care.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

3.31 THB 1.05 THB Fair Value 1.57 THB Feb 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

30‑month range 1.05 THB – 3.31 THB · fair‑value band 1.11 THB – 2.04 THB · the 1.21 THB price screens below the 1.57 THB fair value. Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Panelesmatic Solutions Public Company (PANEL) currently trades at 1.21 THB, while our model-based Fair Value estimate is 1.57 THB, implying the stock looks roughly 29.8% undervalued today. The Quality Score stands at 37/100 (below-average quality), in the Industrials 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, Panelesmatic Solutions Public Company generated revenue of 134M THB at a net margin of 8.5%. Revenue declined 34.3% year over year. It earns a return on equity of 4.0%. Net debt stands at 14.4M THB. Fundamentals as of Jul 18, 2026

Our scenario range runs from 1.11 THB (bear case) to 2.04 THB (bull case); at 1.21 THB, 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 20% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 30%, PANEL 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.

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
Residual Income 1.06 THB 1.03 THB 0.8700 THB 76
ROIC Compounder 0.6500 THB 0.7200 THB 0.7800 THB 72
Growth-Adj P/E 1.10 THB 1.57 THB 2.04 THB 68
All 14 models by family
Earnings-Based
Graham-Dodd 0.5400 THB 2.65 THB 3.65 THB 54
Lynch FV 0.7100 THB 1.02 THB 1.32 THB 50
PEG = 1.0 0.7100 THB 1.02 THB 1.32 THB 46
EPV 0.6500 THB 0.7200 THB 0.7800 THB 59
Multiples
P/E Multiple 1.25 THB 1.67 THB 2.09 THB 63
P/S Multiple 1.01 THB 1.35 THB 1.69 THB 58
P/B Multiple 1.01 THB 1.35 THB 1.69 THB 55
EV/EBIT 1.39 THB 1.84 THB 2.28 THB 53
EV/EBITDA 1.37 THB 1.80 THB 2.24 THB 54
EV/Revenue 1.01 THB 1.42 THB 1.82 THB 43
Asset-Based
NCAV (Graham) 0.7600 THB 1.02 THB 1.53 THB 50
Economic Profit
Residual Income 1.06 THB 1.03 THB 0.8700 THB 76
ROIC Compounder 0.6500 THB 0.7200 THB 0.7800 THB 72
Growth Earnings
Growth-Adj P/E 1.10 THB 1.57 THB 2.04 THB 68

Widest divergence: Growth Earnings (1.57 THB) versus Economic Profit (0.7200 THB). Highest evidence: Residual Income (76).

Notify me when PANEL reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 134M THB
Revenue growth (YoY) -34.3%
Net margin 8.5%
Return on equity 4.0%
Free cash flow −74.1M THB FY2025
P/E ratio 17.3
More key figures
Operating margin 5.4%
EPS (TTM) 0.0700 THB
Dividend yield 2.7%
EPS growth (YoY) -78.4%
Net debt 14.4M THB FY2023

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 40 · Market factors (momentum, volatility) 52

Profitability 34
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 82
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

Panelesmatic Solutions Public Company Limited designs, manufactures, sells, and installs door and wall products in Thailand and internationally.

Full company description

Panelesmatic Solutions Public Company Limited designs, manufactures, sells, and installs door and wall products in Thailand and internationally. The company offers panelés operable walls, manusa automatic and hermetic doors, panelés acoustic glazing partition systems, panelés silence booths, acoustic panelés and felts, carpet tiles, motion 4 automatic doors, door hardware, lead sheets, and lead glasses. It also provides construction services; after-sales services for its products; and operating room doors, soundproof walls, movable walls, and other door and wall products. Panelesmatic Solutions Public Company Limited was incorporated in 1990 and is headquartered in Nonthaburi, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Panelesmatic Solutions Public Company reported revenue of 147M THB in FY2025 versus 68.8M THB in FY2021, a compound +21.0%/yr. Reported net income was 15.1M THB in FY2025, compounding +8.4%/yr from FY2021.

Growth Quality 37/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
147M THB
Latest YoY
−1.2%
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.
+10.2%
Revenue +21.0%/yr
FY21 68.8M THB
FY22 110M THB
FY23 132M THB
FY24 149M THB
FY25 147M THB
Net income +8.4%/yr
FY21 10.9M THB
FY22 15.9M THB
FY23 18.0M THB
FY24 20.0M THB
FY25 15.1M THB

Watch PANEL: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Panelesmatic Solutions Public Company Fair Value". https://www.fairvalue-calculator.com/stock/PANEL

Peer Group

Engineering & Construction · 839 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 37 · Bottom 25%
Fair Value upside +30% · Above median
Return on equity (TTM) 4% · Below median
Return on assets 3% · Above median
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 5% · Above median
Revenue growth -34% · Bottom 25%
Dividend yield (TTM) 2.8% · Above median
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 16.9× · Cheaper than median
P/B 0.77× · Cheaper than median
P/S (TTM) 1.68× · Pricier than 75% of peers
EV/EBITDA 11.0× · Pricier 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 73 · sector 16
FUTURE 0 · sector 17
PAST 16 · sector 26
HEALTH 96 · sector 94
DIVIDEND 56 · sector 33

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

Compare Panelesmatic Solutions Public Company with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Panelesmatic Solutions Public Company (PANEL) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 1.57 THB versus a price of 1.21 THB, about +30% (undervalued).
What is the fair value of PANEL?
Our model-based fair value for Panelesmatic Solutions Public Company is 1.57 THB (as of Jul 18, 2026), built from audited fundamentals. The current price is 1.21 THB.
What is the quality score of PANEL?
Panelesmatic Solutions Public Company has a Quality Score of 37/100. 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 Panelesmatic Solutions Public Company (PANEL)?
Panelesmatic Solutions Public Company reported trailing-twelve-month revenue of about 134M THB (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PANEL?
The net profit margin of Panelesmatic Solutions Public Company is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.
Does Panelesmatic Solutions Public Company pay a dividend?
Panelesmatic Solutions Public Company currently shows a dividend yield of about 2.73% relative to its recent price (as of Jul 18, 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.

14 days Pro free · no card

Track Panelesmatic Solutions Public Company and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.