Fancy Wood Industries PCL (FANCY) is a prominent Thai company listed on the Stock Exchange of Thailand (SET), focusing on the production and distribution of wood furniture and rubber wood products. Founded in 1970, the company has expanded its reach both locally and internationally, offering products such as chipboards, interlocking rubber wood, and other related items. In addition to its manufacturing operations, Fancy Wood is also involved in real estate development, including the sale and rental of properties such as detached houses, townhouses, and condominiums​

In recent years, Fancy Wood Industries has faced financial difficulties. In 2023, the company experienced a significant revenue drop of 52.6%, down from THB 250.64 million to THB 118.80 million. This decline has impacted its profitability, leading to a net loss of THB 7.08 million​

Despite these challenges, the company maintains a relatively stable market position, with a market capitalization of around THB 246 million​

FANCY’s stock price has been fluctuating, with its most recent price hovering around THB 0.40, reflecting a 1-year decline of approximately 2.56%. The stock has a relatively low beta of 0.95, indicating that it tends to be less volatile than the broader market​

For investors, FANCY presents a mixed outlook, with the potential for recovery in the real estate sector balancing out the challenges in its core manufacturing business. The stock's low price and current financial performance suggest that it could be an interesting prospect for value investors, though the company’s ongoing challenges should be closely monitored. shutdown123