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Unimit Engineering Public Company (UEC) Fair Value & Analysis

Basic Materials · TH · Market cap 485M THB

UE Unimit Engineering Public Company UEC · BK
Price0.8600 THB
Fair Value3.34 THB
Upside+288.4%
Quality95/100
Evidence: Medium Range 2.71 THB – 4.37 THB

Fair value as of: Jun 24, 2026

From 10 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 3.10 THB to 3.34 THB (+7.7%) since Jun 23, 2026.

Price vs Fair Value (12 months)

0.9229 THB 0.5903 THB Fair Value 3.34 THB Jun 2025 Jun 2026

12‑month range 0.5903 THB – 0.9229 THB · fair‑value band 2.71 THB – 4.37 THB · the 0.8600 THB price screens below the 3.34 THB fair value. As of Jun 24, 2026.

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Analysis

Unimit Engineering Public Company (UEC) currently trades at 0.8600 THB, while our model-based Fair Value estimate is 3.34 THB — implying the stock looks roughly 288.4% 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: medium) — always confirm before acting.

Over the trailing twelve months, Unimit Engineering Public Company generated revenue of 636M THB at a net margin of -12.3%. Revenue declined 34.9% year over year. It earns a return on equity of -7.1%. The balance sheet holds a net cash position of 462M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 636M THB
Revenue growth (YoY) -34.9%
Net margin -12.3%
Return on equity -7.1%
Free cash flow 113M THB FY2025
Operating margin -13.8%
More key figures
EPS (TTM) -0.1400 THB
Dividend yield 7.1%
EPS growth (YoY) -79.7%
Net cash 462M THB FY2025

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

About the company

Unimit Engineering Public Company Limited, together with its subsidiaries, engages in the design, shop fabrication, field installation, and erection of steel products and construction works in Thailand and internationally. The company offers pressure vessels, including columns/towers, cryogenic and LPG tanks, shell and tube heat exchangers, spherical tanks, and vessels/drums. It also provides machinery parts, such as diverters, fan casings and preheaters, furnace casings, stacks and chimneys, and water treatment parts. In addition, the company provides storage tanks, including API storage tanks and silo hopper products; and steel structures, piping shop fabrication products, and platforms and ladders. Further, it is involved in mechanical installation services, such as piping and equipment installations, module works and shut down and modification works services. Additionally, the company exports its products. Unimit Engineering Public Company Limited was founded in 1982 and is base…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unimit Engineering Public Company reported revenue of 713M THB in FY2025 versus 464M THB in FY2021, a compound +11.4%/yr. Reported net income was −67.3M THB in FY2025.

Revenue +11.4%/yr
FY21 464M THB
FY22 707M THB
FY23 1.2B THB
FY24 895M THB
FY25 713M THB
Net income
FY21 13.7M THB
FY22 −14.3M THB
FY23 106M THB
FY24 −31.4M THB
FY25 −67.3M 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 $0.2140 $0.2500 +17%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%

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Frequently asked questions

Is Unimit Engineering Public Company (UEC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 3.34 THB versus a price of 0.8600 THB — about +288% (undervalued). Model-based estimate, not financial advice.
What is the fair value of UEC?
Our 21-model fair value for Unimit Engineering Public Company is 3.34 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.8600 THB.
What is the quality score of UEC?
Unimit Engineering 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 Unimit Engineering Public Company (UEC)?
Unimit Engineering Public Company reported trailing-twelve-month revenue of about 636M THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of UEC?
The net profit margin of Unimit Engineering Public Company is about -12.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Unimit Engineering Public Company pay a dividend?
Unimit Engineering Public Company currently shows a dividend yield of about 7.06% 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.