Nforce Secure PCL (BKK:SECURE-R) Tangible Book per Share: ฿6.94 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SECURE-R Nforce Secure PCL BKK:SECURE-R
79 GF Score
Price ฿12.33
GF Value ฿12.26
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nforce Secure PCL Tangible Book per Share?

Nforce Secure PCL BKK:SECURE-R -0.59% 79 Tangible Book per Share is ฿6.94 as of Jun. 2026. GuruFocus rates BKK:SECURE-R with a GF Score™ of 79/100 and a GF Value™ of ฿12.26 (Fairly Valued). The stock has 3 warning signs investors should review.

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Nforce Secure PCL's tangible book value per share for the quarter that ended in Jun. 2026 was ฿6.94.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Nforce Secure PCL  (BKK:SECURE-R) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Nforce Secure PCL Tangible Book per Share Related Terms


Nforce Secure PCL Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for Nforce Secure PCL's Tangible Book per Share 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.

Nforce Secure PCL Tangible Book per Share Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tangible Book per Share
Get a 7-Day Free Trial 5.57 5.95 6.53 6.99 7.47

Nforce Secure PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.89 7.16 7.47 7.81 6.94

BKK:SECURE-R vs SNX, ARW, AVT: Tangible Book per Share Comparison

For the Electronics & Computer Distribution subindustry, Nforce Secure PCL's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Nforce Secure PCL Price-to-Tangible-Book vs Hardware Industry

For the Hardware industry and Technology sector, Nforce Secure PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nforce Secure PCL's Price-to-Tangible-Book falls into.


BKK:SECURE-R
79GF Score
Nforce Secure PCL BKK:SECURE-R
Tangible Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nforce Secure PCL Tangible Book per Share Calculation

Nforce Secure PCL's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(771.107-0-3.735)/102.741
=7.47

Nforce Secure PCL's Tangible Book Value Per Share for the quarter that ended in Jun. 2026 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(716.099-0-3.221)/102.741
=6.94

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

What does a Tangible Book per Share of ฿6.94 mean?
Nforce Secure PCL (BKK:SECURE-R) has a Tangible Book per Share of ฿6.94 as of Jun. 2026. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Nforce Secure PCL and its competitors.
Is Nforce Secure PCL's Tangible Book per Share too high?
Nforce Secure PCL's current Tangible Book per Share is ฿6.94. Overall, Nforce Secure PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Tangible Book per Share compare to SNX and ARW?
Nforce Secure PCL's Tangible Book per Share of ฿6.94 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Hardware company?
A good Tangible Book per Share depends on the Hardware industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Nforce Secure PCL and its competitors. Nforce Secure PCL's current Tangible Book per Share is ฿6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.26, compared to a current price of ฿12.33 — trading 0.6% above its estimated fair value. The current Tangible Book per Share is ฿6.94. Nforce Secure PCL's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Nforce Secure PCL (BKK:SECURE-R), the current Tangible Book per Share is ฿6.94 as of Jun. 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 Nforce Secure PCL (BKK:SECURE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be overvalued. The current stock price of ฿12.33 is trading 0.6% above its estimated GF Value™ of ฿12.26. GuruFocus considers Nforce Secure PCL to be Fairly Valued.

Key valuation signals for BKK:SECURE-R:

  • Tangible Book per Share: ฿6.94
  • GF Value™: ฿12.26 vs. price of ฿12.33 (0.6% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the BKK:SECURE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nforce Secure PCL Business Description

Other Exchanges SECURE:Thailand
Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in 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.
79GF Score

Get the complete analysis for BKK:SECURE-R

Tangible Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿12.33
Price
฿12.26
GF Value