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Premier Products Public Company (PPP) Fair Value & Analysis

Industrials · TH · Market cap 216M THB

PP Premier Products Public Company PPP · BK
Price0.7300 THB
Fair Value3.34 THB
Upside+357.5%
Quality48/100
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Weak Growth
Loss-making · -14.7% net margin
Low debt · generates free cash flow
Trails peers (2/8)
Narrow moat 12/100
Evidence: Low Range 2.15 THB – 4.53 THB Share as image

Fair value as of: Aug 13, 2026

From 7 valuation models · updated today

Share price −6.4% over the past month.

Below-average quality, screening 358% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2.15 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.
  • Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (2.15 THB to 4.53 THB) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2.74 THB 0.6900 THB Fair Value 3.34 THB Feb 2021 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

60‑month range 0.6900 THB – 2.74 THB · fair‑value band 2.15 THB – 4.53 THB · the 0.7300 THB price screens below the 3.34 THB fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Premier Products Public Company (PPP) currently trades at 0.7300 THB, while our model-based Fair Value estimate is 3.34 THB, implying the stock looks roughly 357.5% undervalued today. The Quality Score stands at 48/100 (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: low), always confirm before acting.

Over the trailing twelve months, Premier Products Public Company generated revenue of 847M THB at a net margin of -10.7%. Revenue declined 47.6% year over year. It earns a return on equity of -10.1%. Net debt stands at 191M THB. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2.15 THB (bear case) to 4.53 THB (bull case); at 0.7300 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 44% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -31% fair-value upside, at 358%, PPP 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 2.15 THB 2.69 THB 3.49 THB 80
Rev-Margin DCF 2.28 THB 3.39 THB 4.75 THB 74
NCAV (Graham) 1.21 THB 1.62 THB 2.41 THB 50
All 7 models by family
DCF Models
FCF DCF 2.10 THB 2.67 THB 3.59 THB 38
5Y Revenue Exit 2.28 THB 3.32 THB 4.84 THB 39
10Y Revenue Exit 2.13 THB 2.80 THB 3.52 THB 36
Multiples
EV/Revenue 2.67 THB 3.86 THB 5.05 THB 43
Asset-Based
NCAV (Graham) 1.21 THB 1.62 THB 2.41 THB 50
Growth DCF
Growth DCF 2.15 THB 2.69 THB 3.49 THB 80
Rev-Margin DCF 2.28 THB 3.39 THB 4.75 THB 74

Widest divergence: Multiples (3.86 THB) versus Asset-Based (1.62 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 847M THB
Revenue growth (YoY) -47.6%
Net margin -10.7%
Return on equity -10.1%
Free cash flow 91.7M THB FY2025
Operating margin -12.6%
More key figures
EPS (TTM) -0.3700 THB
EPS growth (YoY) -55.8%
Net debt 191M THB FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 48 · Market factors (momentum, volatility) 30

Profitability 14
Margins and returns on capital today
Quality Growth 15
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 7
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

Premier Products Public Company Limited manufactures and distributes environmental products related to wastewater treatment and water storage systems, construction materials, and industrial products in Thailand and internationally. It operates through Water Treatment Solution, Environmental Preservation Products, and Clean Energy Business segments.

Full company description

Premier Products Public Company Limited manufactures and distributes environmental products related to wastewater treatment and water storage systems, construction materials, and industrial products in Thailand and internationally. It operates through Water Treatment Solution, Environmental Preservation Products, and Clean Energy Business segments. The company offers water management systems comprising water storage tank, wastewater treatment, grease trapping, membrane water filtration, and integrated water management systems, as well as wastewater treatment equipment; and environmental management systems, such as chemical storage tanks/fire extinguishers, soundproof walls, fiberglass pipes and fittings, and fiberglass lining. It also provides solar panels, inverters, electric vehicle chargers, energy storage systems, power generation efficiency enhancers, emergency system shutdown products, smart/intelligent meters, transmitters, accessories, and panel clamps; and after-sales services, including installation and renovation, consultancy, cleaning, and repair services. In addition, the company produces electricity from solar power. It exports its products. Premier Products Public Company Limited was incorporated in 1975 and is based in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Premier Products Public Company reported revenue of 832M THB in FY2025 versus 959M THB in FY2021, a compound −3.5%/yr. Reported net income was −91.0M THB in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
832M THB
Latest YoY
−30.2%
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.
−6.4%
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.
−5.7%
Avg. growth/yr (15Y) 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.
+0.0%
Revenue −3.5%/yr
FY21 959M THB
FY22 1.0B THB
FY23 1.1B THB
FY24 1.2B THB
FY25 832M THB
Net income
FY21 −30.4M THB
FY22 −133M THB
FY23 −80.6M THB
FY24 −34.8M THB
FY25 −91.0M THB

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Cite: Fair Value Calculator (2026). "Premier Products Public Company Fair Value". https://www.fairvalue-calculator.com/stock/PPP.BK

Peer Group

Pollution & Treatment Controls · 91 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 48 · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth -34% · Bottom 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/FCF 0.1× · 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 0 · sector 0
FUTURE 0 · sector 7
PAST 0 · sector 16
HEALTH 97 · sector 95
DIVIDEND 0 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $97.97 $67.62 -31%
Zurn Elkay Water Solutions Corporation ZWS $51.02 $24.92 -51%
Canmax Technologies Co 300390 ¥64.05 ¥10.07 -84%
CECO Environmental Corp CECO $73.97 $15.19 -79%
Fujian Longking Co 600388 ¥18.10 ¥15.59 -14%
Munters Group MTRS kr 183.90 kr 48.58 -74%
China Conch Venture Holdings 0586 HK$8.69 HK$10.70 +23%
Mega Union Technology Inc 6944 747.00 TWD 539.58 TWD -28%
MayAir Technology (China) Co 688376 ¥71.82 ¥18.80 -74%
Jingjin Equipment Inc 603279 ¥12.75 ¥18.97 +49%

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Frequently asked questions

Is Premier Products Public Company (PPP) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3.34 THB versus a price of 0.7300 THB, about +358% (undervalued).
What is the fair value of PPP?
Our model-based fair value for Premier Products Public Company is 3.34 THB (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.7300 THB.
What is the quality score of PPP?
Premier Products Public Company has a Quality Score of 48/100. 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 Premier Products Public Company (PPP)?
Premier Products Public Company reported trailing-twelve-month revenue of about 847M THB (latest available figure, as of Aug 13, 2026).
What is the net profit margin of PPP?
The net profit margin of Premier Products Public Company is about -10.7%, 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.

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