Valuation: nForce Secure

Market Cap 129.45Cr 3.9Cr 3.41Cr 3.21Cr 2.93Cr 5.49Cr 373.14Cr 5.49Cr 38Cr 15Cr 190.55Cr 15Cr 14Cr 614.3Cr P/E 2026 *
9.26x
P/E 2027 * 8.24x
Enterprise Value 129.45Cr 3.9Cr 3.41Cr 3.21Cr 2.93Cr 5.49Cr 373.14Cr 5.49Cr 38Cr 15Cr 190.55Cr 15Cr 14Cr 614.3Cr EV / Sales 2026 *
0.91x
EV / Sales 2027 * 0.83x
Free-Float
30.07%
Yield 2026 *
8.65%
Yield 2027 * 9.68%
16/08 NForce Secure Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
14/05 NForce Secure Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
26/02 NForce Secure Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
26/02 NForce Secure Public Company Limited announces Annual dividend, payable on May 22, 2026 CI
13/11 NForce Secure Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
14/25/14 NForce Secure Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
14/25/14 NForce Secure Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
24/25/24 NForce Secure Public Company Limited Announces Board Changes CI
24/25/24 NForce Secure Public Company Limited Approves Dividend for the Period from for July, 2024 to December, 2024, Payable on May 22, 2025 CI
28/25/28 Nforce Secure Public Company Limited Approves Changes to the Name of Subcommittees and Subcommittee Positions CI
28/25/28 NForce Secure Public Company Limited Announces Board Retirements CI
27/25/27 NForce Secure Public Company Limited Proposes Cash Dividend for July 1, 2024 to December 31, 2024, Payable on May 22, 2025 CI
27/25/27 NForce Secure Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
1 day-1.56%
1 week+0.80%
Current month+0.80%
1 month-0.79%
3 months+2.44%
6 months+6.78%
Current year+0.80%
1 week 12.4
Extreme 12.4
12.8
1 month 12.2
Extreme 12.2
13
Current year 11.1
Extreme 11.1
16.5
1 year 11.1
Extreme 11.1
16.5
3 years 9.85
Extreme 9.85
19.2
5 years 9.85
Extreme 9.85
38
10 years 9.85
Extreme 9.85
38
Manager TitleAgeSince
Corporate Secretary 50 11/05/2022
Chief Executive Officer 55 01/01/2014
Director of Finance/CFO 41 01/01/2018
Director TitleAgeSince
Director/Board Member 54 10/09/2020
Chairman 55 10/09/2020
Director/Board Member 66 10/09/2020
Change 5-day change 1-year change 3-year change Capi.($)
-1.56%+0.80% - - 3.95Cr
-0.09%-1.29%+77.85%+224.05% 30TCr
-0.18%+2.35%+101.31%+510.65% 26TCr
-0.66%+0.50%+103.78%+197.44% 13TCr
-1.22%+7.49%+38.29% - 2.34TCr
-6.64%-12.79%-5.57%+44.41% 1.74TCr
+0.16%-2.74%-33.36%-2.46% 1.37TCr
+1.70%+3.38%-10.62% - 1.16TCr
+5.50%+12.57%+26.86%+62.49% 913.02Cr
-1.56%+0.08%-20.59%+55.57% 556.56Cr
Average -0.48%+3.90%+30.88%+156.02% 8.55TCr
Weighted average by Cap. -0.32%+2.75%+82.26%+307.47%

Financials

2026 *2027 *
Net sales 142.5Cr 4.3Cr 3.75Cr 3.53Cr 3.22Cr 6.04Cr 410.74Cr 6.05Cr 42Cr 16Cr 209.76Cr 16Cr 16Cr 676.21Cr 156Cr 4.7Cr 4.11Cr 3.86Cr 3.53Cr 6.62Cr 449.65Cr 6.62Cr 46Cr 18Cr 229.63Cr 18Cr 17Cr 740.27Cr
Net income 14Cr 42.21L 36.89L 34.67L 31.64L 59.38L 40Cr 59.39L 4.16Cr 1.61Cr 21Cr 1.59Cr 1.55Cr 66Cr 16Cr 47.34L 41.37L 38.88L 35.48L 66.59L 45Cr 66.6L 4.67Cr 1.8Cr 23Cr 1.78Cr 1.74Cr 75Cr
Net Debt - -
Logo nForce Secure
nForce Secure Public Company Limited is a Thailand-based value-added specialty distributor of information technology (IT) security, information management and network solutions. The principal business operations of the Company are selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management and providing services for business consulting, risk assessment, planning, and training. Its product categories include Network Security, EndPoint Security, Network Performance and Monitoring, and Others. Its network security products include Palo Alto Network, Arista Networks, Trend Micro and Viascope. Its end-point security products include Solarwinds and Trend Micro. Its network performance and monitoring products include Colasoft. Its other products include BigID, Group-IB, BeyondTrust, Synopsys, Cymulate, Builder.Ai, Data Locker, and others.
Employees
71
Date Price Change Volume
22/26/22 THB 12.60 -1.56% 1,03,000
21/26/21 THB 12.80 +0.79% 46,900
18/26/18 THB 12.70 0.00% 22,000
17/26/17 THB 12.70 +0.79% 27,900
16/26/16 THB 12.60 +0.80% 53,200
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
12.60THB
Average target price
22.20THB
Spread / Average Target
+76.19%

Quarterly revenue - Rate of surprise

-40%: Exceptional extension
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