
nForce Secure Public Company Limited (SECURE.BK)
ValueMarkers Composite Index
76% below intrinsic value ($2)
nForce Secure Public Company Limited (SECURE.BK) — VMCI valuation read
nForce Secure Public Company Limited sits at VMCI 71/100, with the Technology sector median at 50. That 21-point spread is the first thing to note on SECURE.BK: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.
Form 4 disclosures on SECURE.BK are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.
**Investor frame.** The Value read on SECURE.BK: SECURE.BK trades at 20.0x earnings, 11% above the Technology median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Technology median (10.0%). The Risk read: net debt to EBITDA of -1.2x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.
SECURE.BK rose 0.8% over the trailing 7 days, with a -2.2% read on a 30-day basis.
nForce Secure Public Company Limited distributes IT security, information management, and network solutions. The company also involved in the sale of computer hardware and software, and related equipment; network communication equipment; and develops enterprise software, as well as provides project management, business consulting, risk assessment, and planning and training services. It delivers software and products for cloud and data center security, network security, advanced threat detection, data security, legacy modernization, data analytics, and converting big data into security intelligence. The company was founded in 2005 and is based in Bangkok, Thailand.
Related Stocks in Technology
Top peers ranked by VM Score. Compare valuation, quality, and risk metrics across the sector.