Ngern Tid Lor Public Company Limited (TIDLOR) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Ngern Tid Lor Public Company Limited stock THB 12.91, price THB 16.50, that is 21.8% below the price, quality 42 out of 100. Rating: overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 9.06 THB – 32.19 THB · fair‑value band 10.84 THB – 18.23 THB · the 16.50 THB price screens above the 12.91 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Tidlor Holdings Public Company Limited provides loans and insurance brokerage services in Thailand.
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The company offers vehicle title loans for motorcycles, cars, pickups trucks, and commercial trucks; and various insurance products, such as car, electric vehicle, personal accident, travel, home, accident, life, and health under the Shield Insurance Broker, Areegator, and heygoody brands.
It also provides hire purchase for vehicles. Tidlor Holdings Public Company Limited was incorporated in 2006 and is based in Bangkok, Thailand.
Stock analysis
Ngern Tid Lor Public Company Limited (TIDLOR) currently trades at 16.50 THB, while our model-based Fair Value estimate is 12.91 THB, 22% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of 51.19 THB per share, and 4 of the 13 models we run sit above the 16.50 THB price.
Bear case: the Dividend Discount group reads lowest at 4.33 THB, and 9 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: 10.84 THB (bear) to 18.23 THB (bull), the price of 16.50 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ngern Tid Lor Public Company Limited reported revenue of 23.5B THB in FY2025 versus 12.0B THB in FY2021, a compound +18.3%/yr. Reported net income was 4.9B THB in FY2025, compounding +11.7%/yr from FY2021.
Key figures
Market cap 47.7B THB (≈ $1.4B) Small · P/E ratio 8.5 · P/S ratio 2.23 · EPS (TTM) 1.93 THB · Dividend yield 2.1% · Net margin 25.5% · Return on equity 16.5% · Return on assets (EBIT) 9.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 72 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −3% fair-value upside, at −22%, TIDLOR screens richer than that median.
Fair Value models
Bear10.84 THBFair Value 12.91 THBBull18.23 THB
Price 16.50 THB · Downside -21.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.36 THB per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+6.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+17.5%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+19.8%
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What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−69.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−71.2%
Dividend (yield on the price)2.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−71.2% vs −53.6%, slowing
Profit margin 2019 to 2024 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.40% → 50%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 11.2%/yr over ~7Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+75.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about +73.4% a year for the price and +3.0% for the forecasts.
Compare Ngern Tid Lor Public Company Limited with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Credit Services · 283 stocks
Beats the industry median on 8/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−23.6% · Below median
Profitability
Return on equity (12 months)16.5% · Top 25%
Return on assets4.4% · Above median
Net margin (12 months)25.5% · Above median
Operating margin (12 months)44.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.7% · Below median
Dividend yield (12 months)2.1% · Below median
Balance sheet
Debt / equity1.31× · Above median
Valuation Multiplesvs Credit Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Ngern Tid Lor Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/TIDLOR
Frequently asked questions
Is Ngern Tid Lor Public Company Limited (TIDLOR) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 12.91 THB versus a price of 16.50 THB, about 22% lower (overvalued).
What is the fair value of TIDLOR?
Our model-based fair value for Ngern Tid Lor Public Company Limited is 12.91 THB (as of Nov 8, 2026), built from audited fundamentals. The current price: 16.50 THB.
What is the quality score of TIDLOR?
Ngern Tid Lor Public Company Limited has a Quality Score of 42/100. 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 price target for Ngern Tid Lor Public Company Limited (TIDLOR)?
Our model-based price target is the fair value of 12.91 THB (as of Nov 8, 2026) from 13 valuation models. Cautious scenario 10.84 THB, optimistic scenario 18.23 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Ngern Tid Lor Public Company Limited stock forecast for 2026?
Our models put fair value at 12.91 THB, about 22% lower versus a price of 16.50 THB (overvalued). Cautious scenario 10.84 THB, optimistic scenario 18.23 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Ngern Tid Lor Public Company Limited (TIDLOR)?
Ngern Tid Lor Public Company Limited reported trailing-twelve-month revenue of about 21.9B THB (latest available figure, as of Nov 8, 2026).
Does Ngern Tid Lor Public Company Limited pay a dividend?
Ngern Tid Lor Public Company Limited currently shows a dividend yield of 2.06% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Ngern Tid Lor Public Company Limited (TIDLOR) and when is the ex-dividend date?
Ngern Tid Lor Public Company Limited pays a dividend of 0.34 THB per share a year, a dividend yield of 2.1%. The last ex-dividend date was Jun 2, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 17.6% of earnings. Free cash flow covers the dividend 0.36 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Ngern Tid Lor Public Company Limited (TIDLOR)?
For today's price to be fair in a discounted-cash-flow model, Ngern Tid Lor Public Company Limited would have to grow free cash flow by +75.5 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +17.5 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of TIDLOR use?
Our models discount Ngern Tid Lor Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.42, country premium for Thailand. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Ngern Tid Lor Public Company Limited that is +75.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Ngern Tid Lor Public Company Limited (TIDLOR) delivered so far?
Over the past 5 years revenue at Ngern Tid Lor Public Company Limited grew +17.5 % a year. The price currently implies free-cash-flow growth of +75.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Ngern Tid Lor Public Company Limited (TIDLOR) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Ngern Tid Lor Public Company Limited (+75.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ngern Tid Lor Public Company Limited (TIDLOR)?
The free-cash-flow yield on the price is 0.73 %: that much free cash flow Ngern Tid Lor Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ngern Tid Lor Public Company Limited (TIDLOR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ngern Tid Lor Public Company Limited it is 12.91 THB per share (as of Nov 8, 2026), against a price of 16.50 THB. It is the blended result of 13 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Ngern Tid Lor Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 8, 2026, TIDLOR trades above its calculated fair value: price 16.50 THB, fair value 12.91 THB, a gap of about −22% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TIDLOR?
No. The price is what the market pays today (16.50 THB); the fair value is what the company's own numbers justify (12.91 THB). For Ngern Tid Lor Public Company Limited the two are 3.59 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Ngern Tid Lor Public Company Limited worth?
The market values Ngern Tid Lor Public Company Limited at about 47.7B THB (market capitalisation, as of Nov 8, 2026). Per share that is 16.50 THB; our models calculate a fair value of 12.91 THB per share.
What do the bullish and bearish scenarios say about TIDLOR?
Our models span a range for Ngern Tid Lor Public Company Limited: cautious scenario 10.84 THB, base 12.91 THB, optimistic 18.23 THB per share (as of Nov 8, 2026, price 16.50 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TIDLOR?
Ngern Tid Lor Public Company Limited trades at a price-to-earnings ratio of 8.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 12.91 THB is built from several models across several years. Other multiples: PEG 0.5, P/B 1.4, P/S 2.2, EV/EBITDA 9.3.
What is the PEG ratio of TIDLOR?
The PEG ratio of Ngern Tid Lor Public Company Limited is 0.50 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Ngern Tid Lor Public Company Limited (TIDLOR)?
Balance-sheet figures for Ngern Tid Lor Public Company Limited (as of Nov 8, 2026): return on equity 16.5%, debt of 1.31 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is TIDLOR from its 52-week high?
Ngern Tid Lor Public Company Limited trades at 16.50 THB, about 18% below its 52-week high of 20.20 THB and 22% above the low of 13.55 THB (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 12.91 THB is for.
Which stocks are comparable to Ngern Tid Lor Public Company Limited?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ngern Tid Lor Public Company Limited stock attractive at the current price?
The data as of Nov 8, 2026: price 16.50 THB, calculated fair value 12.91 THB (−22%), Quality Score 42/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TIDLOR calculated?
We run Ngern Tid Lor Public Company Limited through 13 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 12.91 THB builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Ngern Tid Lor Public Company Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ngern Tid Lor Public Company Limited (TIDLOR)?
The closing price on Nov 9, 2026 was 16.50 THB. Our model-based fair value is 12.91 THB, about 22% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ngern Tid Lor Public Company Limited right now?
Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Ngern Tid Lor Public Company Limited
How large is the market capitalisation of Ngern Tid Lor Public Company Limited (TIDLOR)?
The market capitalisation of Ngern Tid Lor Public Company Limited is 47.7B THB (≈ $1.4B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ngern Tid Lor Public Company Limited (TIDLOR)?
The price-to-sales ratio of Ngern Tid Lor Public Company Limited is 2.23 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ngern Tid Lor Public Company Limited (TIDLOR)?
Earnings per share at Ngern Tid Lor Public Company Limited are 1.93 THB (price ÷ EPS = P/E 8.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ngern Tid Lor Public Company Limited (TIDLOR)?
The dividend yield of Ngern Tid Lor Public Company Limited is 2.1% (payout 17.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ngern Tid Lor Public Company Limited (TIDLOR)?
The net margin of Ngern Tid Lor Public Company Limited is 25.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ngern Tid Lor Public Company Limited (TIDLOR)?
The return on equity (ROE) of Ngern Tid Lor Public Company Limited is 16.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ngern Tid Lor Public Company Limited (TIDLOR)?
On an EBIT basis the return on assets of Ngern Tid Lor Public Company Limited is 9.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ngern Tid Lor Public Company Limited (TIDLOR)?
The operating margin of Ngern Tid Lor Public Company Limited is 44.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ngern Tid Lor Public Company Limited (TIDLOR)?
Revenue at Ngern Tid Lor Public Company Limited is growing +8.7% versus a year earlier (3y avg +15.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ngern Tid Lor Public Company Limited (TIDLOR)?
Earnings per share at Ngern Tid Lor Public Company Limited are growing +18.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ngern Tid Lor Public Company Limited (TIDLOR) carry?
The net debt of Ngern Tid Lor Public Company Limited is 71.7B THB (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 8, 2026