Univentures Public Company Limited (UV.BK) Stock Analysis & Winston Score
Univentures Public Company Limited is a Thai real estate developer based in Bangkok. The company builds and sells residential properties, including condominiums and housing projects, primarily targeting middle-income buyers in Thailand. It also has interests in related businesses such as property services and hospitality, making it a diversified real estate group within the Thai market. Univentures earns money mainly through property sales, with additional income from rental and service-related activities. The company operates almost entirely within Thailand, and its market capitalization of around 2 billion baht places it among the smaller listed developers on the Stock Exchange of Thailand. Its gross margin of roughly 16% and ROIC of just 1% suggest thin profitability relative to capital deployed, which is a meaningful concern. The key risk the company faces is Thailand's sluggish residential property market, where oversupply in certain segments and cautious consumer spending continue to pressure sales volumes and margins for mid-tier developers.
Winston Score: 26/100 — Below Average
Below-average fundamentals — multiple weak pillars.
- Quality: Weak (4/30)
- Growth: Mixed (5/20)
- Cash Flow: Mixed (3/10)
- Stability: Mixed (3/10)
- Valuation: Data not available (0/10)
- Ownership: Good (10/15)

