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Univentures Public Company (UV) Fair Value & Analysis

Utilities · TH · Market cap 2.1B THB

UP Univentures Public Company UV · BK
Price1.01 THB
Fair Value1.17 THB
Upside+15.7%
Quality54/100
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Mixed Growth
Loss-making · -0.8% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 28/100
Evidence: Medium Range 0.6600 THB – 1.67 THB Share as image

Fair value as of: Jul 18, 2026

From 13 valuation models · updated 23 days ago

Fair value updated Jul 18, 2026, revised from 1.16 THB to 1.17 THB (+0.9%) since Jun 26, 2026. Share price +20.2% over the past month.

A solid business, screening 16% undervalued on our models.

What matters now

  • A fairly wide model range (0.6600 THB to 1.67 THB) leaves room in how you read the outcome.
  • Our model range runs from 0.6600 THB (bear) to 1.67 THB (bull), base 1.17 THB. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 54/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

4.11 THB 0.7900 THB Fair Value 1.17 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 0.7900 THB – 4.11 THB · fair‑value band 0.6600 THB – 1.67 THB · the 1.01 THB price screens below the 1.17 THB fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Univentures Public Company (UV) currently trades at 1.01 THB, while our model-based Fair Value estimate is 1.17 THB, implying the stock looks roughly 15.7% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Utilities 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, Univentures Public Company generated revenue of 13.4B THB at a net margin of -0.8%. Revenue declined 10.9% year over year. It earns a return on equity of 0.6%. Net debt stands at 13.6B THB. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.6600 THB (bear case) to 1.67 THB (bull case); at 1.01 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 33% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -59% fair-value upside, at 16%, UV screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
Growth DCF 17.49 THB 35.42 THB 67.54 THB 80
Rev-Margin DCF 7.01 THB 12.15 THB 19.59 THB 74
Gordon GGM 0.7900 THB 1.57 THB 2.38 THB 70
All 13 models by family
DCF Models
FCF DCF 18.33 THB 32.17 THB 69.03 THB 38
5Y Revenue Exit 7.01 THB 11.59 THB 18.95 THB 39
5Y EBITDA Exit 12.91 THB 24.58 THB 43.24 THB 41
10Y Revenue Exit 10.35 THB 17.08 THB 24.85 THB 36
10Y EBITDA Exit 14.50 THB 27.61 THB 50.03 THB 37
Dividend Discount
Gordon GGM 0.7900 THB 1.57 THB 2.38 THB 70
DDM Multi-Stage 0.7900 THB 1.36 THB 1.66 THB 61
Multiples
EV/EBIT 4.99 THB 7.17 THB 9.35 THB 53
EV/EBITDA 11.01 THB 15.20 THB 19.39 THB 54
EV/Revenue 2.05 THB 3.60 THB 5.15 THB 43
Asset-Based
NCAV (Graham) 2.80 THB 3.75 THB 5.60 THB 50
Growth DCF
Growth DCF 17.49 THB 35.42 THB 67.54 THB 80
Rev-Margin DCF 7.01 THB 12.15 THB 19.59 THB 74

Widest divergence: DCF Models (24.58 THB) versus Dividend Discount (1.36 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 13.4B THB
Revenue growth (YoY) -11.8%
Net margin -0.8%
Return on equity 0.6%
Free cash flow 2.6B THB FY2025
Operating margin 7.8%
More key figures
EPS (TTM) -0.0600 THB
EPS growth (YoY) +70.8%
Net debt 13.6B THB FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 61

Profitability 15
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 54
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.

About the company

Univentures Public Company Limited engages in the property development business in Thailand. It develops, sells, and manages condominiums, as well as rents commercial buildings. The company also manufactures and distributes zinc oxide powder and chemicals.

Full company description

Univentures Public Company Limited engages in the property development business in Thailand. It develops, sells, and manages condominiums, as well as rents commercial buildings. The company also manufactures and distributes zinc oxide powder and chemicals. In addition, it provides finance, management, and investment consulting services; consulting and construction management services that include design of architectural and engineering services; and corporate registration and juristic management broker services, as well as act as a real estate broker and agent. Further, the company sells time recorders and parking control equipment, and electronics equipment; produce and distributes electricity; generates electricity from solar; and manufactures and distributes commercial refrigerators. The company was founded in 1980 and is headquartered in Bangkok, Thailand. Univentures Public Company Limited is a subsidiary of Adelfos Company Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Univentures Public Company reported revenue of 14.2B THB in FY2025 versus 3.1B THB in FY2021, a compound +46.1%/yr. Reported net income was −45.0M THB in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
14.2B THB
Latest YoY
−9.3%
Avg. 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.
−2.2%
Avg. 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.
+27.1%
Avg. growth/yr (25Y) 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.
+16.4%
Revenue +46.1%/yr
FY21 3.1B THB
FY22 15.1B THB
FY23 16.7B THB
FY24 15.6B THB
FY25 14.2B THB
Net income
FY21 5.4M THB
FY22 37.2M THB
FY23 516M THB
FY24 22.2M THB
FY25 −45.0M THB
Character of growth · EPS growth decomposed (2014-2025) −10.6 % p.a.
Revenue per share +2.7 pp

of which total revenue +2.7 pp · buybacks/dilution +0.0 pp

EBIT margin −2.5 pp
Tax rate −1.2 pp
Residual (interest, one-offs) −9.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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

Peer Group

Utilities - Independent Power Producers · 77 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 54 · Above median
Fair Value upside +16% · Above median
Return on equity (TTM) 1% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 8% · Below median
Revenue growth -12% · Below median
Debt / equity 0.60× · Higher than median

Valuation Multiples vs Utilities - Independent Power Producers median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 1.6× · Cheaper than 75% of peers
PEG 0.02× · Cheaper than 75% of peers

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.

VALUE 54 · sector 23
FUTURE 0 · sector 0
PAST 2 · sector 32
HEALTH 70 · sector 70
DIVIDEND 0 · sector 52

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Constellation Energy Corporation CEG $257.57 $89.08 -65%
Vistra Corp VST $158.86 $47.59 -70%
Adani Power Limited ADANIPOWER ₹218.45 ₹75.57 -65%
CGN Power Co 003816 ¥3.88 ¥3.13 -19%
NRG Energy, Inc NRG $137.90 $56.02 -59%
Gulf Development Public Company GULF 67.50 THB 40.44 THB -40%
Adani Energy Solutions Limited ADANIENSOL ₹1,730 ₹342.02 -80%
Talen Energy Corporation TLN $372.37 $44.67 -88%
Datang International Power Generation Co 601991 ¥5.80 ¥4.95 -15%
Power Assets Holdings 0006 HK$58.45 HK$31.90 -45%

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Frequently asked questions

Is Univentures Public Company (UV) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 1.17 THB versus a price of 1.01 THB, about +16% (undervalued).
What is the fair value of UV?
Our model-based fair value for Univentures Public Company is 1.17 THB (as of Jul 18, 2026), built from audited fundamentals. The current price is 1.01 THB.
What is the quality score of UV?
Univentures Public Company has a Quality Score of 54/100. 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 Univentures Public Company (UV)?
Univentures Public Company reported trailing-twelve-month revenue of about 13.4B THB (latest available figure, as of Jul 18, 2026).
What is the net profit margin of UV?
The net profit margin of Univentures Public Company is about -0.8%, 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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