Power Line Engineering Public Company Limited (PLE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Power Line Engineering Public Company Limited stock THB 0.13, price THB 0.05, upside +155.0%, quality 35 out of 100. Rating: strongly undervalued. Calculated from audited financials with 19 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 0.0500 THB – 1.06 THB · fair‑value band 0.1199 THB – 0.1352 THB · the 0.0500 THB price screens below the 0.1275 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Power Line Engineering Public Company Limited, together with its subsidiaries, engages in civil construction, real estate, and system installation of electrical, air condition, sanitary, and fire protection in Thailand.
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The company provides infrastructure services; road work services; water treatment, factory, and power plant services; and building construction services. It also offers installation of communication, ICT, and security systems; ventilation systems; electrical power system; and plumbing systems.
In addition, the company is involved in property development activities. Power Line Engineering Public Company Limited was incorporated in 1988 and is based in Bangkok, Thailand.
Stock analysis
Power Line Engineering Public Company Limited (PLE) currently trades at 0.0500 THB, while our model-based Fair Value estimate is 0.1275 THB, implying the stock looks roughly 61% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 1.02 THB per share, and 19 of the 19 models we run sit above the 0.0500 THB price.
Bear case: the Growth Earnings group reads lowest at 0.1100 THB, and 0 of the 19 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.1199 THB (bear) to 0.1352 THB (bull), the price of 0.0500 THB sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 35/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Power Line Engineering Public Company Limited reported revenue of 5.0B THB in FY2025 versus 7.3B THB in FY2021, a compound −9.1%/yr. Reported net income was 15.3M THB in FY2025, compounding −40.7%/yr from FY2021.
Key figures
Market cap 110M THB (≈ $3.3M) Micro · P/S ratio 0.04 · EPS (TTM) −0.1800 THB · Net margin −11.8% · Return on equity −24.6% · Return on assets (EBIT) 0.3% (5-year average) · Operating margin −109% · Revenue (TTM) 2.9B THB.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades about 74% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at 155%, PLE screens cheaper than that median.
Fair Value models
Bear0.1199 THBFair Value 0.1275 THBBull0.1352 THB
Price 0.0500 THB · Upside +155.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF0.8600 THB1.13 THB1.62 THB80
Growth DCF0.8900 THB1.15 THB1.58 THB78
Owner Earnings0.7500 THB0.9800 THB1.41 THB76
All 19 models by family
DCF Models
FCF DCF0.8600 THB1.13 THB1.62 THB80
Owner Earnings0.7500 THB0.9800 THB1.41 THB76
5Y Revenue Exit0.6400 THB0.8700 THB1.22 THB72
5Y EBITDA Exit0.7100 THB0.9900 THB1.38 THB75
5Y P/E Exit0.3900 THB0.4500 THB0.5300 THB71
10Y Revenue Exit0.7100 THB0.9200 THB1.15 THB67
10Y EBITDA Exit0.7700 THB1.00 THB1.25 THB69
10Y P/E Exit0.5800 THB0.6600 THB0.7300 THB64
Earnings-Based
Graham-Dodd0.0500 THB0.0800 THB0.1000 THB67
EPV0.3700 THB0.4200 THB0.4700 THB73
Multiples
P/E Multiple0.1100 THB0.1500 THB0.1800 THB63
P/S Multiple0.0900 THB0.1200 THB0.1500 THB57
P/B Multiple0.2200 THB0.3000 THB0.3700 THB55
Asset-Based
NCAV (Graham)0.1100 THB0.1600 THB0.2100 THB54
Growth DCF
Growth DCF0.8900 THB1.15 THB1.58 THB78
Rev-Margin DCF0.6400 THB0.8900 THB1.22 THB72
Economic Profit
Residual Income0.4200 THB0.4500 THB0.4800 THB76
ROIC Compounder0.3700 THB0.4200 THB0.4700 THB71
Growth Earnings
Growth-Adj P/E0.0800 THB0.1100 THB0.1400 THB68
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−46.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−14.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−10.2%
Start year 2020 (pandemic). Over 10 years: −1.8% a year
Revenue growth 24 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+3.9%
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What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−40.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−40.1%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−40.1% vs −21.3%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−3% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 1.8%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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Peer Groupⓘ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.Engineering & Construction · 791 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside+155.0% · Top 25%
Profitability
Return on assets0.2% · Bottom 25%
Net margin (12 months)−22.1% · Bottom 25%
Operating margin (12 months)−109.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−87.9% · Bottom 25%
Balance sheet
Debt / equity0.09× · Below median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
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). "Power Line Engineering Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/PLE
Frequently asked questions
Is Power Line Engineering Public Company Limited (PLE) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 0.1275 THB versus a price of 0.0500 THB, about +155% upside (undervalued).
What is the fair value of PLE?
Our model-based fair value for Power Line Engineering Public Company Limited is 0.1275 THB (as of Nov 7, 2026), built from audited fundamentals. The current price: 0.0500 THB.
What is the quality score of PLE?
Power Line Engineering Public Company Limited has a Quality Score of 35/100. 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 price target for Power Line Engineering Public Company Limited (PLE)?
Our model-based price target is the fair value of 0.1275 THB (as of Nov 7, 2026) from 19 valuation models. Cautious scenario 0.1199 THB, optimistic scenario 0.1352 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Power Line Engineering Public Company Limited stock forecast for 2026?
Our models put fair value at 0.1275 THB, about +155% upside versus a price of 0.0500 THB (undervalued). Cautious scenario 0.1199 THB, optimistic scenario 0.1352 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Power Line Engineering Public Company Limited (PLE)?
Power Line Engineering Public Company Limited reported trailing-twelve-month revenue of about 2.9B THB (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of Power Line Engineering Public Company Limited (PLE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Power Line Engineering Public Company Limited it is 0.1275 THB per share (as of Nov 7, 2026), against a price of 0.0500 THB. It is the blended result of 19 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Power Line Engineering Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, PLE trades below its calculated fair value: price 0.0500 THB, fair value 0.1275 THB, a gap of about +155% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PLE?
No. The price is what the market pays today (0.0500 THB); the fair value is what the company's own numbers justify (0.1275 THB). For Power Line Engineering Public Company Limited the two are 0.0775 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Power Line Engineering Public Company Limited worth?
The market values Power Line Engineering Public Company Limited at about 110M THB (market capitalisation, as of Nov 7, 2026). Per share that is 0.0500 THB; our models calculate a fair value of 0.1275 THB per share.
What do the bullish and bearish scenarios say about PLE?
Our models span a range for Power Line Engineering Public Company Limited: cautious scenario 0.1199 THB, base 0.1275 THB, optimistic 0.1352 THB per share (as of Nov 7, 2026, price 0.0500 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of PLE?
The PEG ratio of Power Line Engineering Public Company Limited is 0.09 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Power Line Engineering Public Company Limited (PLE)?
Balance-sheet figures for Power Line Engineering Public Company Limited (as of Nov 7, 2026): return on equity −24.6%, debt of 0.09 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is PLE from its 52-week high?
Power Line Engineering Public Company Limited trades at 0.0500 THB, about 74% below its 52-week high of 0.1900 THB and at the low of 0.0500 THB (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1275 THB is for.
Which stocks are comparable to Power Line Engineering Public Company Limited?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Power Line Engineering Public Company Limited stock attractive at the current price?
The data as of Nov 7, 2026: price 0.0500 THB, calculated fair value 0.1275 THB (+155%), Quality Score 35/100, from 19 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PLE calculated?
We run Power Line Engineering Public Company Limited through 19 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.1275 THB builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Power Line Engineering Public Company Limited currently trades 61% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Power Line Engineering Public Company Limited (PLE)?
The closing price on Nov 6, 2026 was 0.0500 THB. Our model-based fair value is 0.1275 THB, about +155% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Power Line Engineering Public Company Limited right now?
The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (0.1199 THB). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. The models converge in a tight band (0.1199 THB to 0.1352 THB), unusually little disagreement for a valuation.
Where does the earnings growth of Power Line Engineering Public Company Limited (PLE) come from?
Earnings per share at Power Line Engineering Public Company Limited grew −5.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −3.0 %, EBIT margin +13.6 %, tax rate −4.2 %, residual (interest, one-offs) −10.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Power Line Engineering Public Company Limited
How large is the market capitalisation of Power Line Engineering Public Company Limited (PLE)?
The market capitalisation of Power Line Engineering Public Company Limited is 110M THB (≈ $3.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Power Line Engineering Public Company Limited (PLE)?
The price-to-sales ratio of Power Line Engineering Public Company Limited is 0.04 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Power Line Engineering Public Company Limited (PLE)?
Earnings per share at Power Line Engineering Public Company Limited are −0.1800 THB. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Power Line Engineering Public Company Limited (PLE)?
The net margin of Power Line Engineering Public Company Limited is −11.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Power Line Engineering Public Company Limited (PLE)?
The return on equity (ROE) of Power Line Engineering Public Company Limited is −24.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Power Line Engineering Public Company Limited (PLE)?
On an EBIT basis the return on assets of Power Line Engineering Public Company Limited is 0.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Power Line Engineering Public Company Limited (PLE)?
The operating margin of Power Line Engineering Public Company Limited is −109% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Power Line Engineering Public Company Limited (PLE)?
Revenue at Power Line Engineering Public Company Limited is growing −87.9% versus a year earlier (3y avg −14.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Power Line Engineering Public Company Limited (PLE)?
Earnings per share at Power Line Engineering Public Company Limited are growing −80.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Power Line Engineering Public Company Limited (PLE) generate?
The free cash flow of Power Line Engineering Public Company Limited is 127M THB (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Power Line Engineering Public Company Limited (PLE) carry?
The net debt of Power Line Engineering Public Company Limited is 5.7B THB (fiscal year 2025, ≈ 44.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 7, 2026