Valuation Masan Group Corporation Thailand S.E.

Stocks

MSN19

TH8483124906

Food Processing

End-of-day quote Thailand S.E. 28/10/2026			5-day change	1st Jan Change
3.240 ^THB	+1.25%		0.00%	-

22/10	Masan Group Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026	CI
05/10	Vietnam's Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion	RE

Company Valuation: Masan Group Corporation

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	20,18,72,240	13,24,06,405	9,58,66,508	10,06,84,613	11,13,35,490	10,83,59,796	-	-
Change	-	-34.41%	-27.6%	5.03%	10.58%	-2.67%	-	-
Enterprise Value (EV) ¹	23,74,12,310	13,24,06,405	14,85,19,293	14,09,43,541	16,41,10,818	15,71,52,814	15,22,28,259	14,23,95,540
Change	-	-44.23%	12.17%	-5.1%	16.44%	-4.24%	-3.13%	-6.46%
P/E	23.5x	37x	228x	52x	28.4x	10.5x	9.35x	7.9x
PBR	6.14x	-	3.61x	3.33x	3.15x	2.43x	1.92x	1.65x
PEG	-	-0.6x	-2.6x	0x	0x	0x	0.8x	0.4x
Capitalization / Revenue	2.28x	1.74x	1.23x	1.21x	1.36x	0.89x	0.81x	0.74x
EV / Revenue	2.68x	1.74x	1.9x	1.69x	2.01x	1.29x	1.13x	0.97x
EV / EBITDA	21.8x	14.6x	17.9x	13.7x	14.8x	6.37x	7.45x	6.1x
EV / EBIT	37.8x	28.4x	35.5x	22.8x	21.4x	7.9x	8.02x	6.61x
EV / FCF	-	-	-85.9x	21.9x	-337x	83.8x	14.4x	14.6x
FCF Yield	-	-	-1.16%	4.56%	-0.3%	1.19%	6.94%	6.87%
Dividend per Share ²	-	-	-	-	-	1,347	1,399	1,725
Rate of return	-	-	-	-	-	1.81%	1.88%	2.33%
EPS ²	6,058	2,511	294	1,345	2,710	7,100	7,933	9,392
Distribution rate	-	-	-	-	-	19%	17.6%	18.4%
Net sales ¹	8,86,28,767	7,61,89,225	7,82,51,619	8,31,77,720	8,16,21,329	12,20,60,559	13,41,82,470	14,71,20,339
EBITDA ¹	1,09,15,173	90,75,694	83,02,418	1,03,06,344	1,10,92,993	2,46,67,878	2,04,23,975	2,33,51,086
EBIT ¹	62,83,494	46,69,171	41,78,755	61,73,389	76,64,287	1,98,99,883	1,89,85,680	2,15,46,631
Net income ¹	85,62,882	35,66,996	4,18,695	19,99,059	41,08,306	1,07,32,429	1,21,04,606	1,46,02,529
Net Debt ¹	3,55,40,070	-	5,26,52,785	4,02,58,928	5,27,75,328	4,87,93,018	4,38,68,463	3,40,35,743
Reference price ²	1,42,500.00	93,000.00	67,000.00	70,000.00	77,000.00	74,200.00	74,200.00	74,200.00
Nbr of stocks (in thousands)	14,16,647	14,23,725	14,30,843	14,38,352	14,45,915	14,60,375	-	-
Announcement Date	27/01/22	28/01/23	30/01/24	24/01/25	24/01/26	-	-	-

¹VND in Million²VND

Estimates

P/E, Detailed evolution

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NESTLÉ S.A.	21.75x	2.94x	14.46x	3.77%	26TCr
MONDELEZ INTERNATIONAL, INC.	19.4x	2.49x	14.84x	3.3%	7.96TCr
DANONE	16.55x	1.72x	9.76x	3.79%	4.42TCr
ARCHER-DANIELS-MIDLAND COMPANY	14.46x	0.52x	9.3x	2.67%	3.77TCr
THE HERSHEY COMPANY	19.94x	3.05x	12.39x	3.51%	3.31TCr
AJINOMOTO CO., INC.	34.98x	3.03x	17.65x	1.06%	3.09TCr
FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD.	26.02x	5.48x	17.46x	3.22%	2.96TCr
KRAFT HEINZ	-8.48x	1.85x	9.24x	6.67%	2.85TCr
INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD.	18x	1.72x	12.18x	4.74%	2.74TCr
Average	18.07x	2.53x	13.03x	3.64%	6.33TCr
Weighted average by Cap.	19.68x	2.65x	13.65x	3.63%