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Dohome Public Company Limited (DOHOME) Fair Value & Analysis

Consumer Cyclical · TH · Market cap 13.6B THB (≈ $413M)

What is Dohome Public Company Limited really worth?

DP Dohome Public Company Limited DOHOME · BK
Price3.56 THB
Fair Value2.75 THB
Upside−22.8%
Quality43/100

Below-average quality, and trading another 29% above our fair value of 2.75 THB.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +9.2 %/yr)
!Thin margins · 2.1% net margin
!Trails peers (4/15)
!Narrow moat 31/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 3 out of 100
!Weak on future: 1 out of 100

For context

·0.11% dividend yield
Evidence: Low Range 2.11 THB – 2.75 THB

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 2.90 THB to 2.75 THB (−5.2%) since Jul 17, 2026. Share price −14.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (2.75 THB). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Price vs Fair Value (5 years)

19.89 THB 2.42 THB Fair Value 2.75 THB Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 2.42 THB – 19.89 THB · fair‑value band 2.11 THB – 2.75 THB · the 3.56 THB price screens above the 2.75 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Dohome Public Company Limited (DOHOME) currently trades at 3.56 THB, while our model-based Fair Value estimate is 2.75 THB, implying the stock looks roughly 29.4% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of 3.02 THB per share, and 3 of the 24 models we run sit above the 3.56 THB price. Bear case: the Growth DCF group reads lowest at 0.6300 THB, and 21 of the 24 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Dohome Public Company Limited generated revenue of 29.1B THB at a net margin of 2.1%. Revenue grew 0.2% year over year. It earns a return on equity of 4.5%. Net debt stands at 17.8B THB. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2.11 THB (bear case) to 2.75 THB (bull case); at 3.56 THB, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 64% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −25% fair-value upside, at −23%, DOHOME screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 0.1128 THB per share, which is 4.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 2.86 THB 2.84 THB 2.60 THB 74
EPV 0.7100 THB 1.04 THB 1.32 THB 73
5Y EBITDA Exit 1.94 THB 4.06 THB 6.44 THB 70
All 24 models by family
DCF Models
FCF DCF 0.0600 THB 0.6300 THB 1.42 THB 68
5Y Revenue Exit 0.5400 THB 1.58 THB 2.87 THB 66
5Y EBITDA Exit 1.94 THB 4.06 THB 6.44 THB 70
5Y P/E Exit 0.8100 THB 2.06 THB 3.30 THB 66
10Y Revenue Exit 0.2800 THB 1.18 THB 2.30 THB 59
10Y EBITDA Exit 1.22 THB 2.85 THB 4.89 THB 63
10Y P/E Exit 0.5200 THB 1.50 THB 2.61 THB 58
Earnings-Based
Graham-Dodd 1.16 THB 2.66 THB 3.41 THB 63
PEG = 1.0 0.4400 THB 0.6300 THB 0.8200 THB 55
EPV 0.7100 THB 1.04 THB 1.32 THB 73
Dividend Discount
Gordon GGM 0.0400 THB 0.0700 THB 0.1100 THB 64
DDM Multi-Stage 0.0400 THB 0.0700 THB 0.0900 THB 64
Multiples
P/E Multiple 2.82 THB 3.76 THB 4.70 THB 63
P/S Multiple 2.18 THB 2.90 THB 3.63 THB 58
P/B Multiple 2.18 THB 2.90 THB 3.63 THB 55
EV/EBIT 2.00 THB 3.08 THB 4.15 THB 65
EV/EBITDA 3.62 THB 5.24 THB 6.86 THB 67
EV/Revenue 0.9500 THB 1.88 THB 2.81 THB 51
Asset-Based
NCAV (Graham) 1.91 THB 2.55 THB 3.81 THB 54
Growth DCF
Growth DCF 0.1000 THB 0.6300 THB 1.34 THB 68
Rev-Margin DCF 0.5400 THB 1.58 THB 2.69 THB 67
Economic Profit
Residual Income 2.86 THB 2.84 THB 2.60 THB 74
ROIC Compounder 0.7100 THB 1.04 THB 1.32 THB 69
Growth Earnings
Growth-Adj P/E 2.11 THB 3.02 THB 3.92 THB 65

Widest divergence: Growth Earnings (3.02 THB) versus Dividend Discount (0.0700 THB). Highest evidence: Residual Income (74).

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Key figures & financial health

P/E ratio 20.9
P/S ratio 0.43 P/E × margin
EPS (TTM) 0.1700 THB price ÷ EPS = P/E 20.9
Dividend yield 0.1% payout 2.4%
Net margin 2.1% FY2025
Return on equity 4.5% TTM
More key figures
Profitability
Return on assets (EBIT) 4.7% avg 5y
Operating margin 4.8% TTM
Growth
Revenue (TTM) 29.1B THB TTM
Revenue growth (YoY) +0.2% 3y avg −2.4%
EPS growth (YoY) +2.3%
Balance sheet & cash flow
Free cash flow 428M THB FY2025
Net debt 17.8B THB FY2025 · ≈ 41.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 42 · Market factors (momentum, volatility) 52

Profitability 32
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 24
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 74
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Dohome Public Company Limited, together with its subsidiaries, engages in the retailing and wholesaling of construction materials, office equipment, and household products in Thailand.

Full company description

Dohome Public Company Limited, together with its subsidiaries, engages in the retailing and wholesaling of construction materials, office equipment, and household products in Thailand. The company offers construction materials products, such as steel sections, skirting boards, cement and other infrastructure products, etc.; repair materials products, including tools agriculture, gardening and plumbing equipment, electric equipment, sanitary equipment, etc.; and decoration materials products comprising electrical appliances, home furniture appliances, home decorations, bedding, gift shops, etc. It is also involved in the production and distribution of electricity; and property investment activities, as well as provides training services. Dohome Public Company Limited was founded in 1983 and is headquartered in Pathum Thani, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dohome Public Company Limited reported revenue of 29.1B THB in FY2025 versus 25.8B THB in FY2021, a compound +3.1%/yr. Reported net income was 601M THB in FY2025, compounding −24.2%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
29.1B THB
Latest YoY
−6.1%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.2%
Avg. revenue growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.5%
Value creation/yr (5Y, in THB) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−8.0% (−8.1 + 0.1)
Revenue +3.1%/yr
FY21 25.8B THB
FY22 31.3B THB
FY23 31.2B THB
FY24 31.0B THB
FY25 29.1B THB
Net income −24.2%/yr
FY21 1.8B THB
FY22 774M THB
FY23 585M THB
FY24 674M THB
FY25 601M THB
Character of growth · EPS growth decomposed (2014-2025) −0.8 % p.a.
Revenue per share +5.6 %

of which total revenue +6.9 % · buybacks/dilution −1.2 %

EBIT margin −5.0 %
Tax rate +0.3 %
Residual (interest, one-offs) −1.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

DOHOME screens 29% overvalued. Compare with The Home Depot, Inc →

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Cite: Fair Value Calculator (2026). "Dohome Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/DOHOME

Peer Group

Home Improvement Retail · 34 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Bottom 25%
Fair Value upside −23% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 2% · Bottom 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 0% · Below median
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.33× · Higher than 75% of peers

Valuation Multiples vs Home Improvement Retail median · lower = cheaper

P/E (TTM) 20.9× · Pricier than median
P/B 1.01× · Cheaper than median
P/S (TTM) 0.47× · Cheaper than median
P/FCF 1.0× · Cheaper than median
EV/EBITDA 9.1× · Pricier than median
PEG 1.47× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE3 · sector 29
FUTURE1 · sector 11
PAST18 · sector 32
HEALTH83 · sector 95
DIVIDEND2 · sector 61

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Home Improvement Retail stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
The Home Depot, Inc HD $328.61 $236.85 −28%
Lowe's Companies, Inc LOW $208.05 $186.32 −10%
Wesfarmers Limited WES A$77.73 A$50.50 −35%
Floor & Decor Holdings FND $59.33 $27.30 −54%
Mr D.I.Y. Group 5296 1.51 MYR 1.47 MYR −3%
Home Product Center Public Company HMPROR 6.70 THB 6.31 THB −6%
Siam Global House Public Company GLOBAL 6.65 THB 5.96 THB −10%
Haverty Furniture Companies, Inc HVT $27.26 $20.42 −25%
Test-Rite International Co 2908 21.80 TWD 4.97 TWD −77%
Bourrelier Group ALBOU €69.40 €36.15 −48%

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Frequently asked questions

Is Dohome Public Company Limited (DOHOME) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2.75 THB versus a price of 3.56 THB, about −23% upside (overvalued).
What is the fair value of DOHOME?
Our model-based fair value for Dohome Public Company Limited is 2.75 THB (as of Aug 13, 2026), built from audited fundamentals. The current price: 3.56 THB.
What is the quality score of DOHOME?
Dohome Public Company Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Dohome Public Company Limited (DOHOME)?
Dohome Public Company Limited reported trailing-twelve-month revenue of about 29.1B THB (latest available figure, as of Aug 13, 2026).
What is the net profit margin of DOHOME?
The net profit margin of Dohome Public Company Limited is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does Dohome Public Company Limited pay a dividend?
Dohome Public Company Limited currently shows a dividend yield of about 0.11% relative to its recent price (as of Aug 13, 2026).
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