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Noble Development PCL NOBLE.BK · THB

Real Estate · SET · 🇹🇭 Thailand

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1.35

-1.46%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 6.93bn

FY2016FY2025

Net income

THB 593.1m

FY2016FY2025

Free cash flow

THB 1.69bn

FY2016FY2025

Shareholders' equity

THB 6.74bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 6.93bnTHB 10.99bnTHB 9.05bnTHB 8.22bnTHB 6.83bnTHB 10.72bnTHB 14.92bnTHB 5.08bnTHB 9.68bnTHB 4.50bn
Gross profitTHB 1.15bnTHB 2.24bnTHB 2.28bnTHB 2.09bnTHB 2.26bnTHB 4.17bnTHB 5.51bnTHB 2.22bnTHB 4.03bnTHB 1.95bn
Operating incomeTHB 951.8mTHB 837.8mTHB 713.7mTHB 780.8mTHB 792.0mTHB 2.51bnTHB 3.98bnTHB 1.25bnTHB 2.75bnTHB 1.13bn
Net incomeTHB 593.1mTHB 431.6mTHB 910.4mTHB 454.9mTHB 931.8mTHB 1.88bnTHB 3.07bnTHB 987.0mTHB 2.04bnTHB 682.2m
Diluted earnings per share0.430.320.660.330.691.372.240.721.490.50

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 24.12bnTHB 27.25bnTHB 26.27bnTHB 22.50bnTHB 20.28bnTHB 19.20bnTHB 21.63bnTHB 25.95bnTHB 22.50bnTHB 23.27bn
Cash and short-term investmentsTHB 1.45bnTHB 1.26bnTHB 2.55bnTHB 1.71bnTHB 1.39bnTHB 1.84bnTHB 1.67bnTHB 1.68bnTHB 963.7mTHB 1.06bn
Total liabilitiesTHB 17.38bnTHB 20.94bnTHB 19.81bnTHB 16.55bnTHB 14.65bnTHB 13.33bnTHB 16.15bnTHB 18.00bnTHB 16.02bnTHB 18.84bn
DebtTHB 14.01bnTHB 15.97bnTHB 16.81bnTHB 13.71bnTHB 11.82bnTHB 9.17bnTHB 10.30bnTHB 13.21bnTHB 12.64bnTHB 14.30bn
Shareholders' equityTHB 6.74bnTHB 6.29bnTHB 6.45bnTHB 5.94bnTHB 5.63bnTHB 5.86bnTHB 5.48bnTHB 7.95bnTHB 6.48bnTHB 4.43bn
Shares outstanding1,369m1,369m1,369m1,369m1,360m1,369m1,370m1,369m1,369m1,369m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 1.75bnTHB 2.16bn−THB 1.71bn−THB 861.7m−THB 1.05bnTHB 4.07bnTHB 7.92bnTHB 370.4mTHB 1.64bn−THB 154.7m
Capital spending−THB 57.4m−THB 116.8m−THB 32.6m−THB 80.2m−THB 142.0m−THB 97.4m−THB 69.3m−THB 78.7m−THB 64.8m−THB 67.8m
Free cash flowTHB 1.69bnTHB 2.05bn−THB 1.74bn−THB 941.9m−THB 1.19bnTHB 3.98bnTHB 7.85bnTHB 291.8mTHB 1.57bn−THB 222.6m
Dividends paid−THB 142.4m−THB 551.9m−THB 384.8m−THB 109.6m−THB 1.16bn−THB 1.51bn−THB 5.52bn−THB 77.6m−THB 77.6m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 945.3mTHB 1.24bnTHB 1.92bnTHB 2.02bnTHB 1.44bnTHB 1.55bnTHB 4.00bnTHB 2.88bn
Gross profit−THB 125.6mTHB 283.9mTHB 386.1mTHB 376.6mTHB 278.6mTHB 292.4mTHB 910.6mTHB 432.1m
Operating income−THB 278.4mTHB 229.9m−THB 166.6mTHB 906.7m−THB 89.1mTHB 219.8mTHB 295.5mTHB 158.4m
Net income−THB 418.0mTHB 48.9m−THB 121.9mTHB 687.8m−THB 59.6mTHB 86.8mTHB 231.8m−THB 3.3m
Diluted earnings per share-0.310.04-0.090.50-0.040.060.17-0.00
Cash from operationsTHB 474.0mTHB 303.0mTHB 790.0mTHB 371.0mTHB 66.0mTHB 504.0mTHB 704.0mTHB 1.10bn
Capital spending−THB 3.0m−THB 21.0m−THB 15.0m−THB 16.0m−THB 3.0m−THB 24.0m−THB 37.0m−THB 65.0m
Free cash flowTHB 471.0mTHB 282.0mTHB 775.0mTHB 355.0mTHB 63.0mTHB 480.0mTHB 667.0mTHB 1.03bn
Total assetsTHB 22.45bnTHB 25.34bnTHB 24.12bnTHB 24.94bnTHB 26.55bnTHB 26.87bnTHB 27.25bnTHB 26.95bn
Cash and short-term investments—THB 2.84bnTHB 1.45bnTHB 1.02bnTHB 500.7mTHB 1.22bnTHB 1.26bnTHB 2.09bn
DebtTHB 7.42bnTHB 14.14bnTHB 13.04bnTHB 13.14bnTHB 14.15bnTHB 14.33bnTHB 14.92bnTHB 15.01bn
Shareholders' equityTHB 6.39bnTHB 6.80bnTHB 6.74bnTHB 6.87bnTHB 6.18bnTHB 6.38bnTHB 6.29bnTHB 6.20bn

Financial ratios

Data as of 25 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2013FY2012
Gross margin16.6%20.4%25.2%25.4%33.0%38.9%——
Operating margin16.8%10.1%18.2%11.6%20.8%24.4%——
Net margin8.6%3.9%10.1%5.5%13.6%17.5%——
Return on equity8.8%6.9%14.1%7.7%16.6%32.0%——
Return on assets2.5%1.6%3.5%2.0%4.6%9.8%——
Free cash flow yield91.7%115.7%-85.0%-39.6%-46.3%211.5%——
Revenue growth-37.0%21.4%10.2%20.3%-36.3%-28.1%——
Earnings growth37.4%-52.6%100.1%-51.2%-50.4%-38.8%——
Current ratio0.98x2.42x3.36x2.45x2.32x2.81x——
Debt to equity1.94x2.37x2.45x2.13x1.90x1.47x——
Equity ratio27.9%23.1%24.6%26.4%27.7%30.5%——
Interest coverage2.64x2.45x3.49x2.66x5.81x11.58x——
R&D as a share of sales——————0.1%0.1%
Buybacks as a share of market value0.0%-0.0%0.0%-0.7%0.7%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.5%-8.4%34.0%
Operating income6.8%-17.6%—
Net income9.2%-20.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.9%22.1%26.9%32.1%
Operating margin10.0%9.3%12.5%17.3%
Net margin5.7%6.8%9.9%13.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings5.08.65.916.79.06.02.46.63.210.0
Price to sales0.40.30.60.91.21.10.51.30.71.5

Dividends and splits

Per share, in the currency the company pays

Paid for 9 years. Last went ex-dividend on 7 May 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.1040.4030.2810.080.851.100.040.057
  • 3-for-1 split · 7 Jan 2021

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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