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Royal Plus Public Company (PLUS) Fair Value & Analysis

Consumer Defensive · TH · Market cap 737M THB

RP Royal Plus Public Company PLUS · BK
Price1.17 THB
Fair Value9.83 THB
Upside+740.2%
Quality95/100
Evidence: Low Range 7.37 THB – 12.28 THB

Fair value as of: Jun 24, 2026

From 5 valuation models · updated 5 days ago

Share price +19.8% over the past month.

Price vs Fair Value (12 months)

2.73 THB 0.8165 THB Fair Value 9.83 THB Jun 2025 Jun 2026

12‑month range 0.8165 THB – 2.73 THB · fair‑value band 7.37 THB – 12.28 THB · the 1.17 THB price screens below the 9.83 THB fair value. As of Jun 24, 2026.

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Analysis

Royal Plus Public Company (PLUS) currently trades at 1.17 THB, while our model-based Fair Value estimate is 9.83 THB — implying the stock looks roughly 740.2% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive 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: low) — always confirm before acting.

Over the trailing twelve months, Royal Plus Public Company generated revenue of 1.3B THB at a net margin of -5.4%. Revenue declined 7.1% year over year. It earns a return on equity of -5.8%. Net debt stands at 306M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.3B THB
Revenue growth (YoY) -7.1%
Net margin -5.4%
Return on equity -5.8%
Free cash flow −212M THB FY2025
Operating margin -14.7%
More key figures
EPS (TTM) -0.1000 THB
EPS growth (YoY) -66.7%
Net debt 306M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Royal Plus Public Company Limited manufactures and distributes beverages and fruit juices in Thailand and internationally. The company provides fruit juices with basil and chia seeds, coconut water, plant-based coconut milk, coconut water with pulp, coconut milk, cocogurt, fruit juice with Nata de Coco, non-dairy milk with 3 in 1 and basil seeds, coconut jelly, and milk tea products. It offers its products under the COCO ROYAL, Nita, and MABU brand names. The company exports its products to approximately 111 countries. Royal Plus Public Company Limited was incorporated in 1998 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Royal Plus Public Company reported revenue of 1.3B THB in FY2025 versus 1.0B THB in FY2021, a compound +6.9%/yr. Reported net income was −78.2M THB in FY2025.

Revenue +6.9%/yr
FY21 1.0B THB
FY22 1.4B THB
FY23 1.4B THB
FY24 1.4B THB
FY25 1.3B THB
Net income
FY21 85.6M THB
FY22 208M THB
FY23 188M THB
FY24 43.0M THB
FY25 −78.2M THB

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Similar stocks

6 more Beverages - Non-Alcoholic stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
The Coca-Cola Company CCC3 €69.53 €27.59 -60%
PepsiCo, Inc PEP 2,483 MXN 1,474 MXN -41%
Monster Beverage Corporation MNST $93.02 $56.09 -40%
Nongfu Spring Co 9633 HK$41.72 HK$74.64 +79%
Coca-Cola FEMSA, S.A. C2CA34 R$108.87 R$183.92 +69%
Keurig Dr Pepper Inc KDP $30.53 $13.50 -56%

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Frequently asked questions

Is Royal Plus Public Company (PLUS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 9.83 THB versus a price of 1.17 THB — about +740% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PLUS?
Our 21-model fair value for Royal Plus Public Company is 9.83 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 1.17 THB.
What is the quality score of PLUS?
Royal Plus Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Royal Plus Public Company (PLUS)?
Royal Plus Public Company reported trailing-twelve-month revenue of about 1.3B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of PLUS?
The net profit margin of Royal Plus Public Company is about -5.4%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.