Baan Rock Garden Public Company Limited

BROCK.BK

Real Estate - Development · Real Estate

Exchange

Stock Exchange of Thailand

Winston Score

Winston is worried

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Weak

Growth

Mixed

Cash Flow

Mixed

Stability

Good

Valuation

Data not available

Track this stock — start free trial

Winston Score History

The full picture

Baan Rock Garden Public Company Limited is a Thai real estate developer based in Thailand. The company builds and sells residential properties, including houses and housing estates, primarily targeting middle-income homebuyers in Thailand. It operates in the Thai property development industry, which is known for being sensitive to local economic conditions and consumer confidence.

The company earns money by selling completed homes and residential units to individual buyers, which is a one-time transaction model rather than recurring revenue. It operates entirely within Thailand, and with a market cap of around $1.2 billion Thai baht, it is a smaller player in a competitive local market. The negative operating margin and near-zero return on invested capital suggest the company is currently spending more than it earns from operations, making cost control and project execution the key challenges it faces going forward.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-36.1% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-223.1% YoY

YoY Growth Rate

Earnings declining

Insider Activity

87.1%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

65M THB cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Baan Rock Garden Public Company Limited's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

35.4%

Modest — 35.4% gross margin

Profit after running costs

Operating Margin

-30.8%

Losing money on operations — -30.8%

Return on the money invested

ROCE

-0.9%

Weak — -0.9% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+10.6%

Steady sales growth (+10.6% YoY)

Profit growth

EPS YoY

N/A

—

Data not available

How steady the profit is

EPS Consistency

3/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

—

Data not available

Spare cash per sale

FCF Margin

32.2%

Converts sales into free cash efficiently (32.2%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.03

Conservative — low debt load (0.03)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial