Modernform Group dividend calculator – Modernform Group PCL Announces 0.06 Cash Dividend
June 3, 2023
🌥️Dividends Yield
On May 25 2023, Modernform Group ($SET:MODERN) PCL announced a 0.06 cash dividend per share to its shareholders. This comes after the firm declared an annual dividend of 0.07 THB, 0.07 THB and 0.2 THB per share respectively in the past three years, resulting in a yield of 1.83%, 1.83% and 5.87% in 2021, 2022 and 2023 respectively. The average yield across the period has been 3.18%.
If you are looking for stocks with attractive dividend payouts, MODERNFORM GROUP could be a suitable choice. The ex-dividend date is May 2 2023, meaning shareholders must have owned the stock by that date in order to qualify for the dividend payout.
Price History
On Thursday, the stock opened at THB2.9 and closed at the same price. The dividend announcement was made in order to reward shareholders and to create value for them. The cash dividend is part of MODERNFORM GROUP‘s overall goal to maximize shareholder returns. The payment of the cash dividend is subject to the approval of shareholders in the Annual General Meeting.
MODERNFORM GROUP is confident that this dividend will create value for all shareholders, and particularly benefit long-term investors. Investors should take into consideration the overall market environment when considering the dividends. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Modernform Group. More…
| Total Revenues | Net Income | Net Margin |
| 2.4k | 53.53 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Modernform Group. More…
| Operations | Investing | Financing |
| 13.62 | -215.59 | -1.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Modernform Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.34k | 1.04k | 3.04 |
Key Ratios Snapshot
Some of the financial key ratios for Modernform Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.3% | -29.0% | 3.4% |
| FCF Margin | ROE | ROA |
| -2.4% | 2.2% | 1.5% |
Analysis – Modernform Group Intrinsic Stock Value
At GoodWhale, we analyze MODERNFORM GROUP‘s fundamentals with our proprietary valuation methods. As the result, we estimate the intrinsic value of MODERNFORM GROUP share is around THB1.3. This value is calculated by our Valuation Line that takes into consideration both tangible and non-tangible assets of the company. Currently, MODERNFORM GROUP stock is traded at THB2.9 per share, which is overvalued by 122.2%. This means that the price of MODERNFORM GROUP’s stocks does not yet reflect the intrinsic value that it holds. More…
Peers
Modernform Group PCL is one of the leading manufacturers in the furniture industry, competing against such major players as Zinus Inc, KOAS CO LTD, and Huisen Household International Group Ltd. With its extensive range of design options and high-quality materials, Modernform Group PCL is setting the bar for furniture design and production.
– Zinus Inc ($KOSE:013890)
Zinus Inc is a manufacturer of mattresses, foundations, bed frames, bedroom furniture, and other home products. With a market cap of 540.27B as of 2023, Zinus Inc is one of the largest publicly traded companies in the industry. Additionally, the company boasts a Return on Equity (ROE) of 3.97%, indicating that it is able to generate a relatively high return from investments in its business. These factors make Zinus Inc an attractive investment opportunity for investors seeking long-term growth.
– KOAS CO LTD ($KOSE:071950)
KOAS Co Ltd is a multinational business conglomerate that operates in a variety of industries, including automotive, energy, technology, finance, and more. The company has a market capitalization of 22.16B as of 2023, indicating a significant amount of investor support and trust in the company’s performance. The company also boasts a Return on Equity of 1.21%, which is indicative of its profitability and financial health. This is likely due to the company’s focus on diversifying its operations, which allows them to mitigate risk and ensure consistent returns.
– Huisen Household International Group Ltd ($SEHK:02127)
Huisen Household International Group Ltd is a multinational company that specializes in the production of household items and furnishings. As of 2023, the company has a market capitalization of 515.61M. This is an indication of how popular and successful the company is worldwide. The Return on Equity (ROE) of Huisen Household International Group Ltd is also an impressive 5.15%, which shows the commitment and success of the company in creating value for its shareholders.
Summary
MODERNFORM GROUP has been consistently providing dividends to shareholders at an attractive rate of 3.18% in the last three years. This includes a dividend of 0.07 THB per share in 2021 and 2023, and 0.2 THB per share in 2022. Investors looking for stocks with promising dividend payouts should consider MODERNFORM GROUP as a viable option.
