Valuation MBK

Stocks

End-of-day quote Thailand S.E. 01/09/2026			5-day change	1st Jan Change
21.50 ^THB	-3.15%		-3.59%	+22.86%

13/08	MBK Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
14/05	MBK posts qtrly profit attributable of 1.21 billion baht	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	16,668	18,624	24,720	21,818	28,541	27,046
Change	-	11.74%	32.73%	-11.74%	30.81%	-5.24%
Enterprise Value (EV) ¹	43,906	43,967	51,466	54,007	60,539	58,576
Change	-	0.14%	17.06%	4.94%	12.09%	-3.24%
P/E	115x	-22.5x	84.3x	15.6x	11.8x	6.58x
PBR	0.8x	0.91x	1.27x	1.12x	1.36x	1.03x
PEG	-	0x	-1x	0x	0.2x	0.1x
Capitalization / Revenue	1.98x	2.55x	2.81x	1.89x	2.12x	1.86x
EV / Revenue	5.22x	6.03x	5.84x	4.67x	4.49x	4.04x
EV / EBITDA	18.4x	23.8x	18.4x	13x	10.4x	8.66x
EV / EBIT	44.7x	207x	43.5x	20.5x	14.1x	11.2x
EV / FCF	20.7x	88.1x	19.8x	19.5x	18.5x	12.9x
FCF Yield	4.83%	1.13%	5.05%	5.13%	5.41%	7.74%
Dividend per Share ²	-	-	0.8	0.8	0.95	1.1
Rate of return	-	-	4.52%	5.06%	4.63%	6.29%
EPS ²	0.11	-0.595	0.21	1.01	1.74	2.66
Distribution rate	-	-	381%	79.2%	54.6%	41.4%
Net sales ¹	8,408	7,297	8,812	11,553	13,490	14,512
EBITDA ¹	2,385	1,844	2,795	4,159	5,796	6,763
EBIT ¹	983.1	212.5	1,182	2,634	4,304	5,240
Net income ¹	149.2	-804.5	331.9	1,567	2,686	4,280
Net Debt ¹	27,237	25,343	26,746	32,189	31,998	31,530
Reference price ²	12.60	13.40	17.70	15.80	20.50	17.50
Nbr of stocks (in thousands)	13,22,882	13,89,881	13,96,598	13,80,875	13,92,224	15,45,486
Announcement Date	01/03/21	28/02/22	28/02/23	29/02/24	27/02/25	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.($)
MBK	-	-	-	-	90Cr
MITSUBISHI ESTATE CO., LTD.	18.87x	4.09x	16.54x	1.29%	2.89TCr
EMAAR PROPERTIES	5.41x	0.63x	1.33x	9.24%	2.6TCr
MITSUI FUDOSAN CO., LTD.	14.39x	3.15x	15.03x	2.44%	2.61TCr
ALPHA DHABI HOLDING	7.99x	0.88x	3.22x	2.8%	2.04TCr
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	13.57x	6.57x	17.43x	1.58%	1.96TCr
DLF LIMITED	33.46x	15.57x	53.84x	1.22%	1.76TCr
HONGKONG LAND HOLDINGS LIMITED	35.32x	13.06x	32.82x	3.34%	1.71TCr
ALDAR PROPERTIES	7.47x	1.77x	5.46x	2.84%	1.64TCr
AZRIELI GROUP LTD.	9.4x	27.83x	-	2.34%	1.6TCr
Average	16.21x	8.17x	18.21x	3.01%	1.89TCr
Weighted average by Cap.	15.72x	7.10x	16.91x	3.15%