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Sirisoft Public Company Limited (SRS) Fair Value & Analysis

Technology · TH · Market cap 290M THB (≈ $8.8M)

What is Sirisoft Public Company Limited really worth?

SP Sirisoft Public Company Limited SRS · BK
Price2.52 THB
Fair Value2.53 THB
Upside+0.4%
Quality37/100

Below-average quality, currently priced close to our fair value of 2.53 THB.

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Risks

!Expensive Growth (revenue 5y +57.3 %/yr)
!Loss-making · -1.4% net margin
!negative free cash flow
!Trails peers (3/9)
!Narrow moat 24/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 2.52 THB – 2.55 THB

Fair value as of: Aug 19, 2026

From 5 valuation models · updated 16 days ago

Share price +32.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (2.52 THB to 2.55 THB), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (3 years)

13.42 THB 1.46 THB Fair Value 2.53 THB Oct 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

35‑month range 1.46 THB – 13.42 THB · fair‑value band 2.52 THB – 2.55 THB · the 2.52 THB price screens below the 2.53 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Sirisoft Public Company Limited (SRS) currently trades at 2.52 THB, while our model-based Fair Value estimate is 2.53 THB, implying the stock looks roughly 0.4% fairly valued today. The Quality Score stands at 37/100 (below-average quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of 3.28 THB per share, and 2 of the 5 models we run sit above the 2.52 THB price. Bear case: the Dividend Discount group reads lowest at 0.5500 THB, and 3 of the 5 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Sirisoft Public Company Limited generated revenue of 781M THB at a net margin of −1.4%. Revenue grew 52.3% year over year. It earns a return on equity of −5.2%. The balance sheet holds a net cash position of 397M THB. Fundamentals as of Aug 19, 2026

Our scenario range runs from 2.52 THB (bear case) to 2.55 THB (bull case); at 2.52 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 20% below its 52-week high and 79% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at 69% fair-value upside, at 0%, SRS screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Owner Earnings best evidence 2.67 THB 3.28 THB 4.36 THB 75
Gordon GGM 0.3500 THB 0.5800 THB 0.7600 THB 68
DDM Multi-Stage 0.3500 THB 0.5500 THB 0.6300 THB 67
All 5 models by family
DCF Models
Owner Earnings best evidence 2.67 THB 3.28 THB 4.36 THB 75
Dividend Discount
Gordon GGM 0.3500 THB 0.5800 THB 0.7600 THB 68
DDM Multi-Stage 0.3500 THB 0.5500 THB 0.6300 THB 67
Multiples
EV/EBITDA 2.07 THB 2.08 THB 2.10 THB 64
Asset-Based
NCAV (Graham) 2.07 THB 2.77 THB 4.13 THB 51

Widest divergence: DCF Models (3.28 THB) versus Dividend Discount (0.5500 THB). Highest evidence: Owner Earnings (75).

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Key figures & financial health

P/S ratio 0.36 TTM
EPS (TTM) −0.0700 THB
Dividend yield 2.8%
Net margin −5.1% FY2026
Return on equity −5.2% TTM
Return on assets (EBIT) 10.5% avg 5y
More key figures
Profitability
Operating margin 1.1% TTM
Growth
Revenue (TTM) 781M THB TTM
Revenue growth (YoY) +52.3% 3y avg +19.6%
EPS growth (YoY) −76.7%
Balance sheet & cash flow
Free cash flow −148M THB FY2026
Net cash 397M THB FY2025

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 41 · Market factors (momentum, volatility) 59

Profitability 13
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 46
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Sirisoft Public Company Limited provides digital transformation and DevOps consulting and services focusing in the areas of database, software development, software engineering, and infrastructure integration in Thailand. The company offers infrastructure optimization; IT professional services; and cybersecurity solutions.

Full company description

Sirisoft Public Company Limited provides digital transformation and DevOps consulting and services focusing in the areas of database, software development, software engineering, and infrastructure integration in Thailand. The company offers infrastructure optimization; IT professional services; and cybersecurity solutions. It also provides microservices solutions; full-stack observability; database management; security as a service; API-first development; design systems and frameworks; multi-cloud infrastructure; zero trust architecture; and application modernization solutions. In addition, the company offers IT consulting services; and sells related software and hardware. Further, it provides human resource services, including recruitment and staffing services; provision of information technology personnel and specialists; and advisory, system design, installation, and maintenance of information technology systems and cybersecurity solutions. Sirisoft Public Company Limited was incorporated in 2015 and is based in Bangkok, Thailand.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sirisoft Public Company Limited reported revenue of 703M THB in FY2026 versus 187M THB in FY2022, a compound +39.2%/yr. Reported net income was −35.7M THB in FY2026.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
703M THB
Latest YoY
+3.6%
Avg. revenue 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.
+19.6%
Avg. revenue 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.
+57.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +39.2%/yr
FY22 187M THB
FY23 411M THB
FY24 585M THB
FY25 679M THB
FY26 703M THB
Net income
FY22 22.9M THB
FY23 65.9M THB
FY24 76.0M THB
FY25 33.9M THB
FY26 −35.7M THB

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Cite: Fair Value Calculator (2026). "Sirisoft Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/SRS

Peer Group

Information Technology Services · 497 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 +0% · Below median
Return on assets −1% · Bottom 25%
Net margin (TTM) −1% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth 53% · Top 25%
Dividend yield (TTM) 2.8% · Above median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE34 · sector 35
FUTURE100 · sector 31
PAST0 · sector 34
HEALTH0 · sector 97
DIVIDEND57 · sector 36

Insider activity: 30/100

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,282 ₹1,722 +34%
Fiserv, Inc FI C$5.13 C$8.07 +57%
Wipro Limited WIT $1.83 $3.51 +92%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%

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Frequently asked questions

Is Sirisoft Public Company Limited (SRS) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 2.53 THB versus a price of 2.52 THB, about +0% upside (fairly valued).
What is the fair value of SRS?
Our model-based fair value for Sirisoft Public Company Limited is 2.53 THB (as of Aug 19, 2026), built from audited fundamentals. The current price: 2.52 THB.
What is the quality score of SRS?
Sirisoft Public Company Limited has a Quality Score of 37/100. 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 Sirisoft Public Company Limited (SRS)?
Sirisoft Public Company Limited reported trailing-twelve-month revenue of about 781M THB (latest available figure, as of Aug 19, 2026).
What is the net profit margin of SRS?
The net profit margin of Sirisoft Public Company Limited is about −1.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Sirisoft Public Company Limited pay a dividend?
Sirisoft Public Company Limited currently shows a dividend yield of about 2.84% relative to its recent price (as of Aug 19, 2026).
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