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Stars Microelectronics (Thailand) Public Company (SMT) Fair Value & Analysis

Technology · TH · Market cap 2.5B THB

SM Stars Microelectronics (Thailand) Public Company SMT · BK
Price3.48 THB
Fair Value0.9100 THB
Upside-73.9%
Quality95/100
Evidence: Medium Range 0.7600 THB – 1.16 THB

Fair value as of: Jun 24, 2026

From 14 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 0.8700 THB to 0.9100 THB (+4.6%) since Jun 23, 2026. Share price +22.4% over the past month.

Price vs Fair Value (12 months)

3.69 THB 1.00 THB Fair Value 0.9100 THB Jun 2025 Jun 2026

12‑month range 1.00 THB – 3.69 THB · fair‑value band 0.7600 THB – 1.16 THB · the 3.48 THB price screens above the 0.9100 THB fair value. As of Jun 24, 2026.

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Analysis

Stars Microelectronics (Thailand) Public Company (SMT) currently trades at 3.48 THB, while our model-based Fair Value estimate is 0.9100 THB — implying the stock looks roughly 73.9% overvalued today. We read business quality at 95/100 (high quality), in the Technology 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: medium).

Over the trailing twelve months, Stars Microelectronics (Thailand) Public Company generated revenue of 2.2B THB at a net margin of -4.2%. Revenue grew 35.2% year over year. It earns a return on equity of -5.2%. The balance sheet holds a net cash position of 226M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.2B THB
Revenue growth (YoY) +35.2%
Net margin -4.2%
Return on equity -5.2%
Free cash flow 43.6M THB FY2025
Operating margin -1.3%
More key figures
EPS (TTM) -0.1100 THB
Dividend yield 1.0%
EPS growth (YoY) -80.0%
Net cash 226M THB FY2025

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

About the company

Stars Microelectronics (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes integrated circuit boards in Thailand, the United States, and internationally. It operates through Electronics Manufacturing Service; Outsourced Assembly and Test; and Fiber Optical Devices segments. The company offers outsource semiconductor assembly and test, and electronics manufacturing services that cover various stages of the product lifecycle, including design, industrialization, mass production, and distribution to end-of-life services; fiber optical devices; and optical assembly and vertical integration services. It also operates as a trading company. The company serves semiconductors, microelectronics, optics and telecommunication, industrial, automotive, and professional audio and video, and medical devices industries. Stars Microelectronics (Thailand) Public Company Limited was founded in 1995 and is headquartered in Phra Nakhon Si Ayutthaya, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Stars Microelectronics (Thailand) Public Company reported revenue of 2.0B THB in FY2025 versus 2.2B THB in FY2021, a compound −1.8%/yr. Reported net income was −60.1M THB in FY2025.

Revenue −1.8%/yr
FY21 2.2B THB
FY22 2.8B THB
FY23 2.6B THB
FY24 2.1B THB
FY25 2.0B THB
Net income
FY21 210M THB
FY22 304M THB
FY23 235M THB
FY24 −164M THB
FY25 −60.1M THB

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Similar stocks

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

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $208.65 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSMN 7,419 MXN 5,870 MXN -21%
Broadcom Inc 1YD €375.60 €99.46 -74%
Micron Technology, Inc ZMIC C$52.57 C$7.68 -85%
Advanced Micro Devices, Inc AMD $452.40 $80.19 -82%
SK hynix Inc 000660 1,000,000 KRW 1,109,311 KRW +11%

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Frequently asked questions

Is Stars Microelectronics (Thailand) Public Company (SMT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.9100 THB versus a price of 3.48 THB — about −74% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SMT?
Our 21-model fair value for Stars Microelectronics (Thailand) Public Company is 0.9100 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 3.48 THB.
What is the quality score of SMT?
Stars Microelectronics (Thailand) 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 Stars Microelectronics (Thailand) Public Company (SMT)?
Stars Microelectronics (Thailand) Public Company reported trailing-twelve-month revenue of about 2.2B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SMT?
The net profit margin of Stars Microelectronics (Thailand) Public Company is about -4.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Stars Microelectronics (Thailand) Public Company pay a dividend?
Stars Microelectronics (Thailand) Public Company currently shows a dividend yield of about 1.02% 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.