Valuation Master Style

Stocks

End-of-day quote Thailand S.E. Other stock markets 24/07/2026			5-day change	1st Jan Change
8.800 ^THB	-0.56%		-4.86%	+18.12%

15/05	Master Style Public Company Limited Appoints Ms. Prapawarin Longngam as Director, Effective 15 May 2026	CI
15/05	Master Style Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2023	2024	2025	2026	2027	2028
Market Cap ¹	15,312	13,652	2,248	2,655	-	-
Change	-	-10.84%	-83.54%	18.12%	-	-
Enterprise Value (EV) ¹	13,866	13,760	2,426	2,882	2,964	2,655
Change	-	-0.76%	-82.37%	18.8%	2.87%	-10.44%
P/E	36.5x	26.2x	11.3x	12.1x	11.1x	9.46x
PBR	5.12x	3.89x	0.65x	0.74x	0.72x	-
PEG	-30.77x	1.1x	-0.2x	1.2x	1.29x	0.5x
Capitalization / Revenue	7.99x	6.39x	1.19x	1.38x	1.31x	1.25x
EV / Revenue	7.23x	6.44x	1.29x	1.49x	1.46x	1.25x
EV / EBITDA	23.6x	19.5x	6.21x	6.88x	6.68x	5.54x
EV / EBIT	26.4x	23.8x	10.4x	11.5x	11.3x	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Dividend per Share ²	0.3588	0.16	0.4	0.399	0.4617	0.56
Rate of return	0.71%	0.35%	5.37%	4.53%	5.25%	6.36%
EPS ²	1.391	1.73	0.66	0.7277	0.7903	0.93
Distribution rate	25.8%	9.25%	60.6%	54.8%	58.4%	60.2%
Net sales ¹	1,917	2,135	1,885	1,930	2,025	2,128
EBITDA ¹	586.4	704.6	390.7	418.8	443.8	479
EBIT ¹	524.8	577.4	233.8	250.7	261.7	-
Net income ¹	416.3	522.4	198	219.1	238.2	280
Net Debt ¹	-1,446	108	177.8	226.6	309.4	-
Reference price ²	50.750	45.250	7.450	8.800	8.800	8.800
Nbr of stocks (in thousands)	3,01,714	3,01,712	3,01,712	3,01,712	-	-
Announcement Date	22/02/24	26/02/25	26/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
MASTER STYLE	12.09x	1.49x	6.88x	4.53%	7.89Cr
IHH HEALTHCARE	32.02x	3.06x	13.78x	1.36%	1.79TCr
APOLLO HOSPITALS ENTERPRISE LIMITED	66.41x	5.23x	35.43x	0.27%	1.31TCr
AIER EYE HOSPITAL GROUP CO., LTD.	21.22x	3.02x	10.78x	1.99%	1.16TCr
ENCOMPASS HEALTH CORPORATION	18.33x	2.12x	9.95x	0.68%	1.12TCr
THE ENSIGN GROUP, INC.	24.45x	1.96x	16.33x	0.15%	1TCr
BANGKOK DUSIT MEDICAL SERVICES	18.53x	2.7x	11.11x	4.31%	892.44Cr
FORTIS HEALTHCARE LIMITED	52.3x	6.92x	28.86x	0.12%	743.74Cr
RAMSAY HEALTH CARE LIMITED	32.29x	0.88x	7.33x	2%	680.14Cr
PURE HEALTH HOLDING	12.33x	1.08x	7.1x	2.11%	668.52Cr
Average	29.00x	2.85x	14.76x	1.75%	938.07Cr
Weighted average by Cap.	31.99x	3.10x	16.25x	1.36%