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S.A.F. Special Steel Public Company (SAF) Fair Value & Analysis

Basic Materials · TH · Market cap 96.0M THB

SA S.A.F. Special Steel Public Company SAF · BK
Price0.3700 THB
Fair Value0.4200 THB
Upside+13.5%
Quality95/100
Evidence: High Range 0.3500 THB – 0.5100 THB

Fair value as of: Jun 24, 2026

From 17 valuation models · updated 5 days ago

Share price +12.1% over the past month.

Price vs Fair Value (12 months)

0.4780 THB 0.2900 THB Fair Value 0.4200 THB Jun 2025 Jun 2026

12‑month range 0.2900 THB – 0.4780 THB · fair‑value band 0.3500 THB – 0.5100 THB · the 0.3700 THB price screens below the 0.4200 THB fair value. As of Jun 24, 2026.

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Analysis

S.A.F. Special Steel Public Company (SAF) currently trades at 0.3700 THB, while our model-based Fair Value estimate is 0.4200 THB — implying the stock looks roughly 13.5% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials 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, S.A.F. Special Steel Public Company generated revenue of 159M THB at a net margin of -2.0%. Revenue declined 16.5% year over year. It earns a return on equity of -1.2%. Net debt stands at 46.5M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 159M THB
Revenue growth (YoY) -16.5%
Net margin -2.0%
Return on equity -1.2%
Free cash flow 14.9M THB FY2025
Operating margin 1.5%
More key figures
EPS (TTM) -0.0100 THB
EPS growth (YoY) -87.4%
Net debt 46.5M THB FY2025

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

About the company

S.A.F. Special Steel Public Company Limited imports and distributes steel products in Thailand. The company offers hot work tools, cold work tools, plastic mold, and high-speed steel products; pre-hardened, carburizing, and general engineering machinery, and wear resistant steel plate products; vacuum hardening services; finishing industrial tooling and equipment parts; and steel cutting band saw blades and machines, as well as aluminum. S.A.F. Special Steel Public Company Limited was incorporated in 1992 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

S.A.F. Special Steel Public Company reported revenue of 167M THB in FY2025 versus 214M THB in FY2021, a compound −6.0%/yr. Reported net income was −3.0M THB in FY2025.

Revenue −6.0%/yr
FY21 214M THB
FY22 219M THB
FY23 169M THB
FY24 161M THB
FY25 167M THB
Net income
FY21 15.5M THB
FY22 10.0M THB
FY23 1.3M THB
FY24 −2.4M THB
FY25 −3.0M THB

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $22.20 $11.06 -50%
Nucor Corporation NUE $244.93 $116.05 -53%
ArcelorMittal S.A ARMT34 R$172.80 R$119.18 -31%
JSW Steel Limited JSWSTEEL ₹1,270 ₹1,007 -21%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
POSCO Holdings 005490 363,000 KRW 143,097 KRW -61%

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Frequently asked questions

Is S.A.F. Special Steel Public Company (SAF) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.4200 THB versus a price of 0.3700 THB — about +14% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SAF?
Our 21-model fair value for S.A.F. Special Steel Public Company is 0.4200 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.3700 THB.
What is the quality score of SAF?
S.A.F. Special Steel 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 S.A.F. Special Steel Public Company (SAF)?
S.A.F. Special Steel Public Company reported trailing-twelve-month revenue of about 159M THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SAF?
The net profit margin of S.A.F. Special Steel Public Company is about -2.0%, 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.