Permsin Steel Works Public Company Limited (PERM) Fair Value & Analysis

Basic Materials · TH · Market cap 184M THB (≈ $5.5M) · ISIN TH0849010002

What is Permsin Steel Works Public Company Limited really worth?

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

• The model range is unusually wide (0.0900 THB to 0.5400 THB). The outcome hinges heavily on assumptions, so read the point estimate with caution.
• The price sits close to our fair value, market and models broadly agree here, little valuation tension.
• Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 0.1600 THB – 3.45 THB · fair‑value band 0.0900 THB – 0.5400 THB · the 0.2700 THB price screens below the 0.2900 THB fair value. Dashed = 300-day average. As of Aug 27, 2026.

Full chart & analysis →

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

Analysis

Permsin Steel Works Public Company Limited (PERM) currently trades at 0.2700 THB, while our model-based Fair Value estimate is 0.2900 THB, implying the stock looks roughly 6.9% fairly valued today. The Quality Score stands at 39/100 (below-average quality), in the Basic Materials sector. Bull case: the Multiples group reads highest at a median of 0.6800 THB per share, and 2 of the 4 models we run sit above the 0.2700 THB price. Bear case: the DCF Models group reads lowest at 0.1000 THB, and 2 of the 4 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Permsin Steel Works Public Company Limited generated revenue of 3.6B THB at a net margin of −3.4%. Revenue grew 28.1% year over year. It earns a return on equity of −42.1%. Net debt stands at 3.4B THB. Fundamentals as of Aug 27, 2026

Our scenario range runs from 0.0900 THB (bear case) to 0.5400 THB (bull case); at 0.2700 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 33% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −22% fair-value upside, at 7%, PERM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Widest divergence: Multiples (0.6800 THB) versus DCF Models (0.1000 THB). Highest evidence: 5Y EBITDA Exit (70).

Key figures & financial health

Quality Score breakdown

About the company

Permsin Steel Works Public Company Limited, together with its subsidiaries, manufactures and distributes steel products in Thailand. It operates in three segments: Distribution of Rolled Steel, Manufacturing and Distribution of Metal Sheet, and Manufacturing and Distribution of Pre-Painted Steel Coil segments.

Full company description

Permsin Steel Works Public Company Limited, together with its subsidiaries, manufactures and distributes steel products in Thailand. It operates in three segments: Distribution of Rolled Steel, Manufacturing and Distribution of Metal Sheet, and Manufacturing and Distribution of Pre-Painted Steel Coil segments. The company's product portfolio includes hot and cold rolled steel, electro-galvanized steel, C-line, C-U, T-bar roll forming metal sheet, and C-channel galvanized high tensile strength products, as well as round pipes and galvanized round pipes for electrical wiring. It also provides steel cutting and slitting services. The company was founded in 1989 and is headquartered in Mueang Samut Sakhon, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Permsin Steel Works Public Company Limited reported revenue of 3.3B THB in FY2025 versus 6.5B THB in FY2021, a compound −15.3%/yr. Reported net income was −139M THB in FY2025.

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

Peer Group

Steel · 410 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 Steel median · lower = cheaper

Strength profile in five axes (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.

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Explore undervalued stocks

More undervalued Basic Materials stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

Discover tools

Frequently asked questions