Valuation Master Style Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 25/09/2026			5-day change	1st Jan Change
8.500 ^THB	-0.58%		0.00%	+14.09%

14/08	Master Style Public Company Limited Announces CFO Changes	CI
14/08	Master Style Public Company Limited Announces Appointment of Praphawarin Longngam to Chief Executive Officer, Effective August 14, 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	2,565	-	-
Change	-	-10.84%	-83.54%	14.09%	-	-
Enterprise Value (EV) ¹	13,866	13,760	2,426	2,713	2,874	2,565
Change	-	-0.76%	-82.37%	11.86%	5.93%	-10.77%
P/E	36.5x	26.2x	11.3x	12.1x	9.63x	9.14x
PBR	5.12x	3.89x	0.65x	0.73x	0.7x	-
PEG	-30.77x	1.1x	-0.2x	1.77x	0.4x	1.71x
Capitalization / Revenue	7.99x	6.39x	1.19x	1.34x	1.28x	1.21x
EV / Revenue	7.23x	6.44x	1.29x	1.42x	1.43x	1.21x
EV / EBITDA	23.6x	19.5x	6.21x	6.3x	5.98x	5.35x
EV / EBIT	26.4x	23.8x	10.4x	10.9x	8.97x	-
EV / FCF	-49.1x	257x	9.54x	14.4x	7.6x	-
FCF Yield	-2.04%	0.39%	10.5%	6.93%	13.2%	-
Dividend per Share ²	0.3588	0.16	0.4	0.405	0.5212	0.56
Rate of return	0.71%	0.35%	5.37%	4.76%	6.13%	6.59%
EPS ²	1.391	1.73	0.66	0.705	0.8828	0.93
Distribution rate	25.8%	9.25%	60.6%	57.4%	59%	60.2%
Net sales ¹	1,917	2,135	1,885	1,909	2,003	2,128
EBITDA ¹	586.4	704.6	390.7	431	480.9	479
EBIT ¹	524.8	577.4	233.8	249	320.5	-
Net income ¹	416.3	522.4	198	211.5	266.4	280
Net Debt ¹	-1,446	108	177.8	148.6	309.4	-
Reference price ²	50.750	45.250	7.450	8.500	8.500	8.500
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
IHH HEALTHCARE	31.17x	2.93x	13.15x	1.4%	1.74TCr
APOLLO HOSPITALS ENTERPRISE LIMITED	51.37x	4.43x	28.82x	0.27%	1.33TCr
ENCOMPASS HEALTH CORPORATION	19.38x	2.3x	10.72x	0.64%	1.22TCr
AIER EYE HOSPITAL GROUP CO., LTD.	24.61x	2.88x	10.04x	1.64%	1.09TCr
MANIPAL HEALTH ENTERPRISES LIMITED	78.08x	7.72x	31.26x	-	998.43Cr
THE ENSIGN GROUP, INC.	24.82x	2.01x	16.21x	0.15%	1.01TCr
BANGKOK DUSIT MEDICAL SERVICES	19.85x	2.89x	11.89x	4.04%	960.9Cr
RAMSAY HEALTH CARE LIMITED	30.9x	1x	7.86x	1.99%	894.31Cr
PURE HEALTH HOLDING	14.21x	1.35x	7.94x	1.89%	871.13Cr
Average	32.71x	3.06x	15.32x	1.5%	1.12TCr
Weighted average by Cap.	33.14x	3.12x	15.64x	1.41%