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Thai Enger Holding (TIGER) Fair Value & Analysis

Industrials · TH · Market cap 244M THB

TE Thai Enger Holding TIGER · BK
Price0.5300 THB
Fair Value0.8600 THB
Upside+62.3%
Quality52/100
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Evidence: Low Range 0.5800 THB – 1.13 THB

Fair value as of: Jul 18, 2026

From 7 valuation models · updated today

Fair value updated Jul 18, 2026, revised from 4.60 THB to 0.8600 THB (−81.3%) since Jun 24, 2026. Share price −10.2% over the past month.

Price vs Fair Value (12 months)

0.7900 THB 0.2300 THB Fair Value 0.8600 THB Jul 2025 Jul 2026

12‑month range 0.2300 THB – 0.7900 THB · fair‑value band 0.5800 THB – 1.13 THB · the 0.5300 THB price screens below the 0.8600 THB fair value. As of Jul 18, 2026.

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Analysis

Thai Enger Holding (TIGER) currently trades at 0.5300 THB, while our model-based Fair Value estimate is 0.8600 THB, implying the stock looks roughly 62.3% undervalued today. We read business quality at 52/100 (solid quality), in the Industrials 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: low), always confirm before acting.

Over the trailing twelve months, Thai Enger Holding generated revenue of 645M THB at a net margin of -9.8%. Revenue grew 17.1% year over year. It earns a return on equity of -12.4%. Net debt stands at 31.6M THB. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.5800 THB (bear case) to 1.13 THB (bull case); at 0.5300 THB, the current price sits below that range. The share trades near its 52-week high and 152% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -42% fair-value upside, at 62%, TIGER screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 645M THB
Revenue growth (YoY) +17.1%
Net margin -9.8%
Return on equity -12.4%
Free cash flow 32.7M THB FY2025
Operating margin 2.5%
More key figures
EPS (TTM) -0.1400 THB
EPS growth (YoY) +95.5%
Net debt 31.6M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Thai Enger Holding Public Company Limited, through its subsidiaries, engages in the construction contractor and interior service business in Thailand. The company is also involved in the aluminum installation and sale of construction materials and equipment. The company was incorporated in 2016 and is headquartered in Nonthaburi, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Thai Enger Holding reported revenue of 617M THB in FY2025 versus 720M THB in FY2021, a compound −3.8%/yr. Reported net income was −70.1M THB in FY2025.

Revenue −3.8%/yr
FY21 720M THB
FY22 666M THB
FY23 949M THB
FY24 688M THB
FY25 617M THB
Net income
FY21 31.2M THB
FY22 6.1M THB
FY23 3.9M THB
FY24 −47.7M THB
FY25 −70.1M THB

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Cite: Fair Value Calculator (2026). "Thai Enger Holding Fair Value". https://www.fairvalue-calculator.com/stock/TIGER

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10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

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Frequently asked questions

Is Thai Enger Holding (TIGER) undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.8600 THB versus a price of 0.5300 THB, about +62% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TIGER?
Our model-based fair value for Thai Enger Holding is 0.8600 THB (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.5300 THB.
What is the quality score of TIGER?
Thai Enger Holding has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Thai Enger Holding (TIGER)?
Thai Enger Holding reported trailing-twelve-month revenue of about 645M THB (latest available figure, as of Jul 18, 2026).
What is the net profit margin of TIGER?
The net profit margin of Thai Enger Holding is about -9.8%, 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.

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