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Preecha Group (PRECHA) Fair Value & Analysis

Real Estate · TH · Market cap 161M THB

PG Preecha Group PRECHA · BK
Price0.4300 THB
Fair Value0.4600 THB
Upside+7.0%
Quality35/100
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Weak Growth
Loss-making · -138.9% net margin
Low debt · negative free cash flow
Trails peers (2/9)
Narrow moat 10/100
Evidence: Low Range 0.3500 THB – 0.6900 THB Share as image

Fair value as of: Jul 17, 2026

From 1 valuation models · updated 24 days ago

Share price −4.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (0.3500 THB to 0.6900 THB) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

2.40 THB 0.2900 THB Fair Value 0.4600 THB Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.2900 THB – 2.40 THB · fair‑value band 0.3500 THB – 0.6900 THB · the 0.4300 THB price screens below the 0.4600 THB fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Preecha Group (PRECHA) currently trades at 0.4300 THB, while our model-based Fair Value estimate is 0.4600 THB, implying the stock looks roughly 7.0% fairly valued today. The Quality Score stands at 35/100 (below-average quality), in the Real Estate 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.

Trailing-twelve-month revenue stands at 32.9M THB. Revenue grew 175.6% year over year. It earns a return on equity of -30.3%. Net debt stands at 169M THB. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.3500 THB (bear case) to 0.6900 THB (bull case); at 0.4300 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 51% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 7%, PRECHA screens richer 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
NCAV (Graham) 0.3500 THB 0.4600 THB 0.6900 THB 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.3500 THB 0.4600 THB 0.6900 THB 50

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Key figures & financial health

Revenue (TTM) 66.5M THB
Revenue growth (YoY) +607%
Net margin -139%
Return on equity -35.9%
Free cash flow −60.1M THB FY2025
Operating margin -42.7%
More key figures
EPS (TTM) -0.2800 THB
Net debt 169M THB FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 27

Profitability 0
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

Preecha Group Public Company Limited engages in the real estate business in Thailand. The company develops properties, such as detached houses, single houses, town homes, home offices, and condominiums. It also offers offices for rent, and other related services.

Full company description

Preecha Group Public Company Limited engages in the real estate business in Thailand. The company develops properties, such as detached houses, single houses, town homes, home offices, and condominiums. It also offers offices for rent, and other related services. Preecha Group Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Preecha Group reported revenue of 34.7M THB in FY2025 versus 62.1M THB in FY2021, a compound −13.6%/yr. Reported net income was −82.9M THB in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
34.7M THB
Latest YoY
+17.7%
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.
−30.2%
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.
−16.0%
Avg. growth/yr (25Y) 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.
−5.4%
Revenue −13.6%/yr
FY21 62.1M THB
FY22 102M THB
FY23 171M THB
FY24 29.5M THB
FY25 34.7M THB
Net income
FY21 −49.7M THB
FY22 −23.1M THB
FY23 923K THB
FY24 −46.0M THB
FY25 −82.9M THB

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Cite: Fair Value Calculator (2026). "Preecha Group Fair Value". https://www.fairvalue-calculator.com/stock/PRECHA

Peer Group

Real Estate - Development · 588 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 37 · Bottom 25%
Fair Value upside +7% · Below median
Return on assets -10% · Bottom 25%
Net margin (TTM) -139% · Bottom 25%
Operating margin (TTM) -43% · Bottom 25%
Revenue growth 607% · Top 25%
Debt / equity 0.32× · Higher than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/S (TTM) 0.07× · 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 43 · sector 48
FUTURE 100 · sector 0
PAST 0 · sector 10
HEALTH 84 · sector 84
DIVIDEND 0 · sector 38

Insider activity: 40/100

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Preecha Group (PRECHA) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.4600 THB versus a price of 0.4300 THB, about +7% (fairly valued).
What is the fair value of PRECHA?
Our model-based fair value for Preecha Group is 0.4600 THB (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.4300 THB.
What is the quality score of PRECHA?
Preecha Group 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 revenue of Preecha Group (PRECHA)?
Preecha Group reported trailing-twelve-month revenue of about 32.9M THB (latest available figure, as of Jul 17, 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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