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Qualitech Public Company (QLT) Fair Value & Analysis

Industrials · TH · Market cap 147M THB

QP Qualitech Public Company QLT · BK
Price1.50 THB
Fair Value0.9400 THB
Upside-37.3%
Quality95/100
Evidence: High Range 0.6400 THB – 0.9700 THB

Fair value as of: Jun 24, 2026

From 22 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 1.67 THB to 0.9400 THB (−43.7%) since Jun 23, 2026.

Price vs Fair Value (12 months)

3.10 THB 1.36 THB Fair Value 0.9400 THB Apr 2025 Jun 2026

12‑month range 1.36 THB – 3.10 THB · fair‑value band 0.6400 THB – 0.9700 THB · the 1.50 THB price screens above the 0.9400 THB fair value. As of Jun 24, 2026.

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Analysis

Qualitech Public Company (QLT) currently trades at 1.50 THB, while our model-based Fair Value estimate is 0.9400 THB — implying the stock looks roughly 37.3% overvalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Qualitech Public Company generated revenue of 379M THB at a net margin of 1.6%. Revenue grew 6.3% year over year. It earns a return on equity of 2.1%. The balance sheet holds a net cash position of 26.3M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 379M THB
Revenue growth (YoY) +6.3%
Net margin 1.6%
Return on equity 2.1%
Free cash flow 15.5M THB FY2025
P/E ratio 24.8
More key figures
Operating margin 1.5%
EPS (TTM) 0.0600 THB
Dividend yield 4.1%
EPS growth (YoY) +142%
Net cash 26.3M THB FY2025

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

About the company

Qualitech Public Company Limited provides non-destructive testing, inspection, and certification services for welding and metal works, and equipment in Thailand and internationally. The company offers technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures; asset integrity and plant inspection; and welding solutions. It provides advanced and conventional non-destructive tests; inspection and certification services for LPG and transportation tanks, aboveground storage tanks, and fire tube boilers; and engineering advice as an independent third-party engineering service provider to various organizations to test and evaluate equipment. In addition, the company offers metallurgical testing laboratory services comprising mechanical testing, chemical composition analysis, metallography analysis, corrosion test, and failure analysis. Further, it provides materials and equipment …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Qualitech Public Company reported revenue of 373M THB in FY2025 versus 390M THB in FY2021, a compound −1.1%/yr. Reported net income was 3.3M THB in FY2025, compounding −16.2%/yr from FY2021.

Revenue −1.1%/yr
FY21 390M THB
FY22 455M THB
FY23 428M THB
FY24 423M THB
FY25 373M THB
Net income −16.2%/yr
FY21 6.6M THB
FY22 17.9M THB
FY23 −141M THB
FY24 −10.3M THB
FY25 3.3M THB

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6 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Thomson Reuters Corporation TRI C$108.50 C$70.40 -35%
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Frequently asked questions

Is Qualitech Public Company (QLT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.9400 THB versus a price of 1.50 THB — about −37% (overvalued). Model-based estimate, not financial advice.
What is the fair value of QLT?
Our 21-model fair value for Qualitech Public Company is 0.9400 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 1.50 THB.
What is the quality score of QLT?
Qualitech 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 Qualitech Public Company (QLT)?
Qualitech Public Company reported trailing-twelve-month revenue of about 379M THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of QLT?
The net profit margin of Qualitech Public Company is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.
Does Qualitech Public Company pay a dividend?
Qualitech Public Company currently shows a dividend yield of about 4.13% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.