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PMC Label Materials Public Company (PMC) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 374M THB

PL PMC Label Materials Public Company PMC · BK
Price0.9300 THB
Fair Value2.67 THB
Upside+187.1%
Quality60/100
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Mixed Growth
Thin margins · 8.0% net margin
Low debt · generates free cash flow
1.89% dividend yield
Ranks above peers (12/14)
Moderate moat 50/100
Evidence: High Range 2.17 THB – 3.30 THB Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 2.98 THB to 2.67 THB (−10.4%) since Jul 18, 2026. Share price +3.3% over the past month.

A solid business, screening 187% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2.17 THB). The market is more pessimistic than our downside scenario.
  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (23 months)

1.67 THB 0.6149 THB Fair Value 2.67 THB Sep 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

23‑month range 0.6149 THB – 1.67 THB · fair‑value band 2.17 THB – 3.30 THB · the 0.9300 THB price screens below the 2.67 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

PMC Label Materials Public Company (PMC) currently trades at 0.9300 THB, while our model-based Fair Value estimate is 2.67 THB, implying the stock looks roughly 187.1% undervalued today. The Quality Score stands at 60/100 (solid 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, PMC Label Materials Public Company generated revenue of 812M THB at a net margin of 8.0%. Revenue declined 4.7% year over year. It earns a return on equity of 11.3%. Net debt stands at 97.4M THB. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2.17 THB (bear case) to 3.30 THB (bull case); at 0.9300 THB, the current price sits below 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 15% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -23% fair-value upside, at 187%, PMC 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
Growth DCF 2.50 THB 3.13 THB 4.09 THB 80
Residual Income 1.15 THB 1.27 THB 1.83 THB 76
Rev-Margin DCF 2.07 THB 2.81 THB 3.73 THB 74
All 24 models by family
DCF Models
FCF DCF 2.43 THB 3.09 THB 4.19 THB 38
Owner Earnings 1.61 THB 2.01 THB 2.70 THB 31
5Y Revenue Exit 2.07 THB 2.75 THB 3.75 THB 39
5Y EBITDA Exit 2.40 THB 3.32 THB 4.55 THB 41
5Y P/E Exit 2.40 THB 3.32 THB 4.43 THB 38
10Y Revenue Exit 2.18 THB 2.67 THB 3.18 THB 36
10Y EBITDA Exit 2.40 THB 2.99 THB 3.61 THB 37
10Y P/E Exit 2.40 THB 2.99 THB 3.55 THB 35
Earnings-Based
Graham-Dodd 1.01 THB 1.24 THB 1.39 THB 54
EPV 1.60 THB 1.78 THB 1.93 THB 59
Dividend Discount
Gordon GGM 0.0200 THB 0.0200 THB 0.0300 THB 70
DDM Multi-Stage 0.0200 THB 0.0300 THB 0.0300 THB 61
Multiples
P/E Multiple 2.46 THB 3.28 THB 4.10 THB 63
P/S Multiple 1.77 THB 2.36 THB 2.95 THB 58
P/B Multiple 1.90 THB 2.53 THB 3.17 THB 55
EV/EBIT 3.11 THB 4.06 THB 5.01 THB 53
EV/EBITDA 2.72 THB 3.54 THB 4.36 THB 54
EV/Revenue 1.92 THB 2.63 THB 3.34 THB 43
Asset-Based
NCAV (Graham) 0.6900 THB 0.9200 THB 1.37 THB 50
Growth DCF
Growth DCF 2.50 THB 3.13 THB 4.09 THB 80
Rev-Margin DCF 2.07 THB 2.81 THB 3.73 THB 74
Economic Profit
Residual Income 1.15 THB 1.27 THB 1.83 THB 76
ROIC Compounder 1.60 THB 1.81 THB 2.03 THB 72
Growth Earnings
Growth-Adj P/E 1.73 THB 2.48 THB 3.22 THB 68

Widest divergence: DCF Models (2.99 THB) versus Dividend Discount (0.0200 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 812M THB
Revenue growth (YoY) -4.7%
Net margin 8.0%
Return on equity 11.3%
Free cash flow 111M THB FY2025
P/E ratio 5.8
More key figures
Operating margin 12.1%
EPS (TTM) 0.1600 THB
Dividend yield 2.0%
EPS growth (YoY) +21.1%
Net debt 97.4M THB FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 60 · Market factors (momentum, volatility) 54

Profitability 44
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 59
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 52
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

PMC Label Materials Public Company Limited, together with its subsidiaries, manufactures and distributes self-adhesive labels in Thailand and internationally. The company provides paper and filmic facestocks; adhesives, such as water based, hotmelt, and UV hotmelt adhesives; glassine and kraft paper liners; and PET films, as well as label services.

Full company description

PMC Label Materials Public Company Limited, together with its subsidiaries, manufactures and distributes self-adhesive labels in Thailand and internationally. The company provides paper and filmic facestocks; adhesives, such as water based, hotmelt, and UV hotmelt adhesives; glassine and kraft paper liners; and PET films, as well as label services. It serves automotive, food and beverage, home and personal care, logistics, promotional arts, and industrial applications industries. The company was founded in 2004 and is headquartered in Samut Sakhon, Thailand. PMC Label Materials Public Company Limited is a subsidiary of Selic Corp Public Company Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PMC Label Materials Public Company reported revenue of 818M THB in FY2025 versus 834M THB in FY2021, a compound −0.5%/yr. Reported net income was 61.9M THB in FY2025, compounding +10.8%/yr from FY2021.

Growth Quality 58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
818M THB
Latest YoY
−6.2%
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.
−2.2%
Avg. growth/yr (5Y) 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.
+2.9%
Revenue −0.5%/yr
FY21 834M THB
FY22 874M THB
FY23 825M THB
FY24 872M THB
FY25 818M THB
Net income +10.8%/yr
FY21 41.1M THB
FY22 18.0M THB
FY23 17.4M THB
FY24 46.5M THB
FY25 61.9M THB

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Cite: Fair Value Calculator (2026). "PMC Label Materials Public Company Fair Value". https://www.fairvalue-calculator.com/stock/PMC

Peer Group

Packaging & Containers · 274 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 60 · Above median
Fair Value upside +187% · Top 25%
Return on equity (TTM) 11% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth -5% · Below median
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 5.8× · Cheaper than 75% of peers
P/B 0.66× · Cheaper than median
P/S (TTM) 0.46× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 2.4× · Cheaper than 75% of peers

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 100 · sector 8
FUTURE 0 · sector 0
PAST 45 · sector 21
HEALTH 98 · sector 93
DIVIDEND 38 · sector 42

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 106.80 kr 125.82 +18%
ShenZhen YUTO Packaging Technology Co 002831 ¥27.73 ¥20.16 -27%
SCG Packaging Public Company SCGP 31.00 THB 16.12 THB -48%
AblePrint Technology Co 7734 3,350 TWD 675.50 TWD -80%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,193 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 134.00 TWD 127.06 TWD -5%
Time Technoplast Limited TIMETECHNO ₹208.56 ₹161.42 -23%
EPL Limited 500135 ₹247.30 ₹111.65 -55%
Dongwon Systems Corporation 014820 21,650 KRW 31,473 KRW +45%
PT Panca Budi Idaman Tbk, PBID 525.00 IDR 774.13 IDR +47%

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Frequently asked questions

Is PMC Label Materials Public Company (PMC) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2.67 THB versus a price of 0.9300 THB, about +187% (undervalued).
What is the fair value of PMC?
Our model-based fair value for PMC Label Materials Public Company is 2.67 THB (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.9300 THB.
What is the quality score of PMC?
PMC Label Materials Public Company has a Quality Score of 60/100. 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 PMC Label Materials Public Company (PMC)?
PMC Label Materials Public Company reported trailing-twelve-month revenue of about 812M THB (latest available figure, as of Aug 13, 2026).
What is the net profit margin of PMC?
The net profit margin of PMC Label Materials Public Company is about 8.0%, meaning it keeps roughly 8.0% of revenue as net income. Based on the latest reported figures.
Does PMC Label Materials Public Company pay a dividend?
PMC Label Materials Public Company currently shows a dividend yield of about 1.98% relative to its recent price (as of Aug 13, 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.

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