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Modernform Group PCLBKK:MODERN 59 EV-to-OCF is 3.49 as of Aug. 20, 2026, which is 26% below its 10-year median of 4.72. GuruFocus rates BKK:MODERN with a GF Score™ of 59/100 and a GF Value™ of ฿2.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 70.57% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Modernform Group PCL's Enterprise Value is ฿849 Mil.
Modernform Group PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿243 Mil. Therefore, Modernform Group PCL's EV-to-OCF for today is 3.49.
The historical rank and industry rank for Modernform Group PCL's EV-to-OCF or its related term are showing as below:
BKK:MODERN'
s EV-to-OCF Range Over the Past 10 Years
Min: -327.74 Med: 4.72 Max: 301.47
Current: 3.52
During the past 13 years, the highest EV-to-OCF of Modernform Group PCL was 301.47. The lowest was -327.74. And the median was 4.72.
BKK:MODERN's EV-to-OCF is ranked better than 70.57% of 435
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 8.5
vs BKK:MODERN: 3.52
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Modernform Group PCL (BKK:MODERN) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Modernform Group PCL's PE Ratio (TTM) for today is calculated as:
Modernform Group PCL's share price for today is ฿1.99.
Modernform Group PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.107.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Modernform Group PCL EV-to-OCF Related Terms
Modernform Group PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Modernform Group PCL's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Modernform Group PCL EV-to-OCF vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Modernform Group PCL's EV-to-OCF falls into.
Modernform Group PCL's current Enterprise Value is ฿849 Mil.
Modernform Group PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿243 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Modernform Group PCL (BKK:MODERN) has a EV-to-OCF of 3.49 as of Aug. 20, 2026. This is 26% below median its historical median of 4.72. According to the industry distribution chart, Modernform Group PCL ranks #128 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29.4%.
Is Modernform Group PCL's EV-to-OCF too high?
Modernform Group PCL's current EV-to-OCF of 3.49 is 26% below median its 10-year median of 4.72. The Furnishings, Fixtures & Appliances industry median EV-to-OCF is 8.50. Modernform Group PCL's value of 3.49 is 58.9% below this industry median. Based on the distribution chart, Modernform Group PCL ranks #128 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's EV-to-OCF compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #128 out of 435 companies for EV-to-OCF. This puts Modernform Group PCL in the upper half of its industry. The industry median EV-to-OCF is 8.50. Modernform Group PCL's value of 3.49 is 58.9% below this benchmark. While the company's 10-year median is 4.72 vs. the industry median of 8.50, Modernform Group PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Furnishings, Fixtures & Appliances company?
The median EV-to-OCF among Furnishings, Fixtures & Appliances companies is 8.50, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Modernform Group PCL's current EV-to-OCF of 3.49 is 58.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Furnishings, Fixtures & Appliances industry, the median EV-to-OCF is 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current EV-to-OCF is 3.49, which is 26% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.05, compared to a current price of ฿1.99 — trading 2.9% below its estimated fair value. The current EV-to-OCF is 3.49, which is 26% below median its 10-year median of 4.72 and 58.9% below the Furnishings, Fixtures & Appliances industry median of 8.50. Modernform Group PCL's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Modernform Group PCL (BKK:MODERN), the current EV-to-OCF is 3.49 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued.
The current stock price of ฿1.99 is trading 2.9% below its estimated GF Value™ of ฿2.05.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
EV-to-OCF: 3.49 (26% below median its 10-year median of 4.72)
GF Value™: ฿2.05 vs. price of ฿1.99 (2.9% below fair value)
Industry Position: 58.9% below the Furnishings, Fixtures & Appliances median (#128 of 435)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
59GF Score
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