Obermatt

Nava Nakorn

SET:NNCL · TH0702010Z01
Water UtilitiesSmall

360

94
Medium confidence — indicative
Profit price25
Owner Earnings Yield85
Dividend Yield1
Price/Sales26
EV / Gross Profit80
Price/Book68
Return on Capital88
Cash Return on Capital91
Return on Equity79
EBIT Margin79
Gross Profitability80
Cash Conversion25
Accruals32
Owner Earnings Margin88
Sales growth25
Profit Growth23
Long-Term EPS Growth62
Owner Earnings Growth51
Reinvestment21
Price momentum53
Debt load92
Refinancing90
Debt Payback100
Liquidity99
Analyst ratings
Expectations trend
Market mood3
Value Creation14/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Nava Nakorn generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryThailand
IndustryWater Utilities
SizeSmall
TypePublic Company
ExchangeSET
Founded2002
Employees2
ISINTH0702010Z01
Last UpdateApr 2, 2026
Themes
Real Estate Technology

Description

Nava Nakorn Public Company Limited together with its subsidiaries, operates as a real estate development company. It is a leading entity in Thailand focused on property development and managing industrial promotion zones. Business Segments The comp…

Analysis

Middle-of-the-road

Nava Nakorn Public Company Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 10.3× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →