SE

nForce Secure Public Company Limited

SECURE · BK · Technology / Electronics & Computer Distribution

12.50THB-0.90 (-6.72%)

Price History

Full chart

Market Stats

Previous Close13.40
Open12.50
Day Range12.20 – 12.70
52-Week Range10.93 – 16.50
Volume582.91K
Market Cap1.29B
P/E (TTM)12.00
Forward P/E0.00
EPS1.05
Dividend Yield7.94%
Beta0.33
50-Day Avg13.14
200-Day Avg12.63

About

nForce Secure Public Company Limited operates as a specialty distributor of IT security, information management, network solutions, and cloud security in Thailand. It sells computer hardware and software, all related equipment, and network communication equipment and software. The company also offers application, cloud, email, endpoint, network, and PDPA and data security software products; identity and access management, network performance and monitoring, network operating platform solutions; and AI and OT security, cyber risk exposure management, cyber threat intelligence, and others. In addition, it is involved in the development of enterprise software; and provides project management, business consulting, risk assessment, and planning and training services. Further, the company offers installation and support services, as well as products training services. The company was founded in 2005 and is headquartered in Bangkok, Thailand.

Company Details

  • SectorTechnology
  • IndustryElectronics & Computer Distribution
  • CEOMr. Nakrop Niamnammatham
  • Employees0
  • Headquarters9/2 The Synchronized, Bangkok, Thailand, 10310, Thailand
  • Websitehttps://www.nforcesecure.com

Leadership

  • Mr. Nakrop NiamnammathamCEO, Acting VP of Engineering & Director · b. 1971
  • Ms. Ark ChumphonphanCFO & Head of Investor Relations · b. 1985
  • Mr. Wanlop JaturaphatsiriChief Accountant · b. 1984
  • Ms. Narisara WongchanteukVice President of Sales · b. 1983
  • Mr. Nakon Naeophan-asawaVice President of Marketing · b. 1980
  • Ms. Kanyarat TiansuwanCompany Secretary

Financials

Income Statement

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue505.21M464.10M570.38M642.91M633.92M823.38M893.90M1.07B1.24B1.30B
Growth (%)--8.14%+22.90%+12.72%-1.40%+29.89%+8.56%+19.25%+16.13%+5.24%
Cost of Revenue412.14M363.83M424.48M492.53M508.47M667.53M748.82M856.52M992.09M1.04B
Gross Profit93.07M100.27M145.90M150.38M125.45M155.85M145.08M209.45M245.86M261.08M
Gross Margin18.42%21.60%25.58%23.39%19.79%18.93%16.23%19.65%19.86%20.04%
Operating Expense52.03M46.23M62.12M81.49M87.97M80.39M86.43M98.88M112.10M112.73M
Operating Income41.04M54.03M83.78M68.89M37.49M75.47M58.66M110.57M133.76M148.35M
Operating Margin8.12%11.64%14.69%10.72%5.91%9.17%6.56%10.37%10.81%11.39%
EBITDA42.33M70.59M91.03M76.96M49.43M87.39M64.60M130.85M161.17M162.73M
EBITDA Margin8.38%15.21%15.96%11.97%7.80%10.61%7.23%12.28%13.02%12.49%
Net Income32.14M44.81M69.65M59.44M23.55M61.11M55.06M91.77M115.60M121.51M
Net Income Margin6.36%9.66%12.21%9.25%3.71%7.42%6.16%8.61%9.34%9.33%
Interest Expense0002.15M3.39M1.41M825.14K801.32K780.35K1.11M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.33%0.54%0.17%0.09%0.08%0.06%0.09%

Balance Sheet

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets223.71M191.56M211.37M305.29M304.93M736.02M811.87M909.75M1.02B1.16B
Total Liabilities148.35M90.67M110.91M213.07M191.27M162.54M199.83M237.06M293.81M389.79M
Total Equity75.36M100.89M100.46M92.21M113.66M573.47M612.04M672.69M722.94M771.11M
Cash52.04M31.26M68.73M42.22M40.50M402.98M398.24M450.12M447.53M577.11M
Total Debt83.80M17.56M41.67M83.75M36.98M10.63M22.44M22.68M16.47M18.83M
Net Debt31.76M-13.70M-27.06M41.53M-3.52M-392.35M-375.80M-427.44M-431.06M-558.28M

Cash Flow

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow76.08M76.08M79.20M-9.85M81.78M37.88M25.61M90.31M62.09M211.11M
Investing Cash Flow1.27M1.27M-1.86M7.89M-20.28M-44.86M-7.78M671.09K15.04M12.40M
Financing Cash Flow-39.87M-39.87M-39.87M-24.55M-63.21M369.46M-22.57M-36.20M-72.99M-78.14M
Capital Expenditure4.98M4.98M5.36M13.58M8.57M3.63M15.13M8.13M1.45M4.30M
Free Cash Flow71.09M71.09M73.84M-23.43M73.21M34.25M10.48M82.18M60.64M206.81M
Dividends Paid64.14M64.14M64.14M66.67M57.40M36.42M18.49M30.82M66.78M71.92M
FCF to OCF93.45%93.45%93.23%237.80%89.52%90.42%40.92%91.00%97.66%97.96%
Dividend Paid to FCF90.22%90.22%86.87%-284.51%78.40%106.34%176.48%37.50%110.12%34.77%

Earnings

Report DateSep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Mar 1, 2023May 31, 2023Aug 11, 2023Nov 14, 2023Feb 29, 2024May 15, 2024Aug 14, 2024Nov 13, 2024Feb 27, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Feb 26, 2026May 14, 2026Aug 19, 2026
EPS Estimate-------0.21--0.34-0.190.380.250.29----
EPS Actual0.030.110.030.140.080.290.260.230.110.290.370.170.210.410.300.310.260.330.340.13
Surprise-------9.52%--8.82%-10.53%7.89%20.00%6.38%----
Timing-------Pre-market--After-hours-After-hoursPre-marketAfter-hours-----

Key Statistics & Ratios

Market Cap1.29B
Enterprise Value720.86M
Trailing P/E12.00
Forward P/E0.00
Price / Sales1.06
Price / Book1.82
EPS1.05
Book Value6.97
Revenue (TTM)1.22B
Gross Profit (TTM)242.26M
EBITDA129.10M
Profit Margin8.86%
Operating Margin5.86%
Return on Equity15.16%
Return on Assets8.56%
Shares Outstanding102.74M
Shares Float37.07M
Beta0.33
Dividend Yield7.94%
Dividend Rate1.00
Payout Ratio94.92%

Dividends

20261×
1.00Mar 12, 2026
20251×
0.70Mar 13, 2025
20242×
0.20Aug 29, 20240.45Mar 14, 2024
20231×
0.30Mar 9, 2023
20221×
0.18May 9, 2022