View ValuationMEB Corporation 将来の成長Future 基準チェック /16MEB利益と収益がそれぞれ年間1%と2.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に25.9% 1.2%なると予測されています。主要情報1.0%収益成長率1.18%EPS成長率Specialty Retail 収益成長9.2%収益成長率2.6%将来の株主資本利益率25.90%アナリストカバレッジLow最終更新日09 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 16Price target decreased by 11% to ฿30.00Down from ฿33.67, the current price target is an average from 2 analysts. New target price is 42% above last closing price of ฿21.10. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.62 for next year compared to ฿1.47 last year.Price Target Changed • Jan 28Price target decreased by 8.8% to ฿35.00Down from ฿38.38, the current price target is an average from 3 analysts. New target price is 57% above last closing price of ฿22.30. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿1.49 for next year compared to ฿1.30 last year.Price Target Changed • Apr 12Price target decreased by 10% to ฿36.67Down from ฿40.83, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ฿33.25. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿1.48 for next year compared to ฿1.30 last year.すべての更新を表示Recent updatesUpcoming Dividend • Apr 09Upcoming dividend of ฿1.10 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 05 May 2026. Payout ratio and cash payout ratio are on the higher end at 82% and 80% respectively. Trailing yield: 7.6%. Within top quartile of Thai dividend payers (7.4%). Higher than average of industry peers (4.5%).お知らせ • Apr 07MEB Corporation Public Company Limited Approves Dividend for the Year 2025, Payable on 5 May 2026MEB Corporation Public Company Limited held the 2026 Annual General Meeting of Shareholders on 7 April 2026, Approved of the dividend payment for 2025 performance at THB 1.10 per share (including special dividend). The Record Date for the right to receive dividend would fall on 17 April 2026, and the dividend would be paid to the shareholders on 5 May 2026.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿1.35 (vs ฿1.47 in FY 2024)Full year 2025 results: EPS: ฿1.35 (down from ฿1.47 in FY 2024). Revenue: ฿2.16b (down 1.0% from FY 2024). Net income: ฿403.7m (down 8.3% from FY 2024). Profit margin: 19% (down from 20% in FY 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Declared Dividend • Feb 26Dividend of ฿1.10 announcedShareholders will receive a dividend of ฿1.10. Ex-date: 16th April 2026 Payment date: 5th May 2026 Dividend yield will be 7.6%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 147% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 2.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 25MEB Corporation Public Company Limited announces Annual dividend, payable on May 05, 2026MEB Corporation Public Company Limited announced Annual dividend of THB 1.1000 per share payable on May 05, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Feb 25MEB Corporation Public Company Limited, Annual General Meeting, Apr 07, 2026MEB Corporation Public Company Limited, Annual General Meeting, Apr 07, 2026, at 14:30 SE Asia Standard Time.Reported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ฿0.34 (down from ฿0.35 in 3Q 2024). Revenue: ฿536.5m (down 1.2% from 3Q 2024). Net income: ฿101.8m (down 2.9% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 5.6%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Thailand.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ฿0.34 (down from ฿0.39 in 2Q 2024). Revenue: ฿543.8m (flat on 2Q 2024). Net income: ฿101.1m (down 13% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Thailand.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.38 (vs ฿0.35 in 1Q 2024)First quarter 2025 results: EPS: ฿0.38 (up from ฿0.35 in 1Q 2024). Revenue: ฿571.3m (up 8.6% from 1Q 2024). Net income: ฿113.4m (up 8.1% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Thailand.Buy Or Sell Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to ฿20.60. The fair value is estimated to be ฿26.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.4% to ฿21.10. The fair value is estimated to be ฿26.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.お知らせ • Apr 24+ 1 more updateMeb Corporation Public Company Limited Approves Special Dividend for the Year 2024, Payable on 20 May 2025Meb Corporation Public Company Limited held the 2025 Annual General Meeting of Shareholders on 22 April 2025, approved profit allocation and dividend payment for operating results of year 2024 and special dividend payment. Approved of the dividend payment for 2024 performance special dividend payment at THB 0.35 per share. The Record Date for the right to receive dividend would fall on 29 April 2025, and the dividend would be paid to the shareholders on 20 May 2025.Upcoming Dividend • Apr 21Upcoming dividend of ฿1.10 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (3.7%).Price Target Changed • Apr 16Price target decreased by 11% to ฿30.00Down from ฿33.67, the current price target is an average from 2 analysts. New target price is 42% above last closing price of ฿21.10. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.62 for next year compared to ฿1.47 last year.Buy Or Sell Opportunity • Apr 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to ฿21.80. The fair value is estimated to be ฿27.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.Declared Dividend • Feb 27Dividend increased to ฿1.10Dividend of ฿1.10 is 69% higher than last year. Ex-date: 28th April 2025 Payment date: 20th May 2025 Dividend yield will be 5.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 261% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 26+ 2 more updatesMEB Corporation Public Company Limited Proposes Special Cash Dividend, Payable on 20 May, 2025MEB Corporation Public Company Limited proposed Special dividend of THB 0.35 per share. Record date for the right to receive dividends 29 April, 2025. Ex-dividend date is 28 April, 2025, Payment date 20 May, 2025.Buy Or Sell Opportunity • Feb 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to ฿21.10. The fair value is estimated to be ฿26.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 119%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Price Target Changed • Jan 28Price target decreased by 8.8% to ฿35.00Down from ฿38.38, the current price target is an average from 3 analysts. New target price is 57% above last closing price of ฿22.30. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿1.49 for next year compared to ฿1.30 last year.Buy Or Sell Opportunity • Jan 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ฿23.60. The fair value is estimated to be ฿30.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 119%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.31 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.35 (up from ฿0.31 in 3Q 2023). Revenue: ฿543.1m (up 14% from 3Q 2023). Net income: ฿104.8m (up 13% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Thailand.Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: ฿0.39 (vs ฿0.32 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.39 (up from ฿0.32 in 2Q 2023). Revenue: ฿556.9m (up 18% from 2Q 2023). Net income: ฿115.8m (up 21% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Thailand.Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.30 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.30 in 1Q 2023). Revenue: ฿526.2m (up 15% from 1Q 2023). Net income: ฿104.9m (up 21% from 1Q 2023). Profit margin: 20% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Thailand.Buy Or Sell Opportunity • May 03Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to ฿34.00. The fair value is estimated to be ฿28.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 78%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.8%).Price Target Changed • Apr 12Price target decreased by 10% to ฿36.67Down from ฿40.83, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ฿33.25. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿1.48 for next year compared to ฿1.30 last year.Buy Or Sell Opportunity • Apr 04Now 24% overvaluedOver the last 90 days, the stock has fallen 3.8% to ฿31.75. The fair value is estimated to be ฿25.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 78%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.Reported Earnings • Mar 02Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ฿1.30. Revenue: ฿1.94b (up 13% from FY 2022). Net income: ฿386.4m (up 17% from FY 2022). Profit margin: 20% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Thailand.お知らせ • Mar 01MEB Corporation Public Company Limited Proposes Dividend for the Operating from January 1, 2023 to December 31, 2023, Payable on 21 May 2024MEB Corporation Public Company Limited at its AGM to be held on April 23, 2024 proposed the dividend payment for operating from January 1, 2023 to December 31, 2023 at THB 0.65 per share. The Company has set the record date for the right to receive dividend payment (Record Date) on 2 May 2024. The shareholders who are determined by the Record Date will receive dividend on 21 May 2024. However, the right to receive dividend is not confirmed until being approved by the 2024 AGM. Ex dividend date is April 30, 2024.Declared Dividend • Mar 01Dividend of ฿0.65 announcedShareholders will receive a dividend of ฿0.65. Ex-date: 30th April 2024 Payment date: 21st May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ฿0.31 (vs ฿1.02 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.31. Revenue: ฿475.6m (up 13% from 3Q 2022). Net income: ฿92.8m (up 19% from 3Q 2022). Profit margin: 20% (in line with 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Thailand.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.32 (vs ฿8.14 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.32. Revenue: ฿476.3m (up 11% from 2Q 2022). Net income: ฿95.9m (up 18% from 2Q 2022). Profit margin: 20% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Thailand.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿35.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Specialty Retail industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿21.27 per share.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿30.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Specialty Retail industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿20.59 per share.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿32.75, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Specialty Retail industry in Thailand.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿29.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Specialty Retail industry in Thailand.お知らせ • Feb 15MEB Corporation Public Company Limited has completed an IPO in the amount of THB 2.15175 billion.MEB Corporation Public Company Limited has completed an IPO in the amount of THB 2.15175 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 75,500,000 Price\Range: THB 28.5 Transaction Features: ESOP Related Offering; Reserved Share Offering業績と収益の成長予測SET:MEB - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,287397N/AN/A112/31/20272,283434503518212/31/20262,176401472487112/31/20252,138404411428N/A9/30/20252,201431424436N/A6/30/20252,212434432439N/A3/31/20252,220449435449N/A12/31/20242,182440436449N/A9/30/20242,134437434453N/A6/30/20242,067425435451N/A3/31/20241,995405417424N/A12/31/20231,926386370378N/A9/30/20231,867364349351N/A6/30/20231,811350350352N/A3/31/20231,767335329331N/A12/31/20221,724330353354N/A9/30/20221,687321344345N/A6/30/20221,628315363364N/A3/31/20221,535295377379N/A12/31/20211,455275318320N/A12/31/2020937166215217N/A12/31/201954683100101N/A12/31/201831562N/A84N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MEBの予測収益成長率 (年間1% ) は 貯蓄率 ( 2.2% ) を下回っています。収益対市場: MEBの収益 ( 1% ) TH市場 ( 10.8% ) よりも低い成長が予測されています。高成長収益: MEBの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: MEBの収益 ( 2.6% ) TH市場 ( 9.4% ) よりも低い成長が予測されています。高い収益成長: MEBの収益 ( 2.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MEBの 自己資本利益率 は、3年後には高くなると予測されています ( 25.9 %)成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/12 13:32終値2026/05/12 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋MEB Corporation Public Company Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Anuwat SrikajornratkulKrungsri Securities Public Company LimitedNuttapon KumnounphonKrungsri Securities Public Company LimitedPannathat LaohatanansarnKrungsri Securities Public Company Limited1 その他のアナリストを表示
Price Target Changed • Apr 16Price target decreased by 11% to ฿30.00Down from ฿33.67, the current price target is an average from 2 analysts. New target price is 42% above last closing price of ฿21.10. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.62 for next year compared to ฿1.47 last year.
Price Target Changed • Jan 28Price target decreased by 8.8% to ฿35.00Down from ฿38.38, the current price target is an average from 3 analysts. New target price is 57% above last closing price of ฿22.30. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿1.49 for next year compared to ฿1.30 last year.
Price Target Changed • Apr 12Price target decreased by 10% to ฿36.67Down from ฿40.83, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ฿33.25. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿1.48 for next year compared to ฿1.30 last year.
Upcoming Dividend • Apr 09Upcoming dividend of ฿1.10 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 05 May 2026. Payout ratio and cash payout ratio are on the higher end at 82% and 80% respectively. Trailing yield: 7.6%. Within top quartile of Thai dividend payers (7.4%). Higher than average of industry peers (4.5%).
お知らせ • Apr 07MEB Corporation Public Company Limited Approves Dividend for the Year 2025, Payable on 5 May 2026MEB Corporation Public Company Limited held the 2026 Annual General Meeting of Shareholders on 7 April 2026, Approved of the dividend payment for 2025 performance at THB 1.10 per share (including special dividend). The Record Date for the right to receive dividend would fall on 17 April 2026, and the dividend would be paid to the shareholders on 5 May 2026.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿1.35 (vs ฿1.47 in FY 2024)Full year 2025 results: EPS: ฿1.35 (down from ฿1.47 in FY 2024). Revenue: ฿2.16b (down 1.0% from FY 2024). Net income: ฿403.7m (down 8.3% from FY 2024). Profit margin: 19% (down from 20% in FY 2024). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Feb 26Dividend of ฿1.10 announcedShareholders will receive a dividend of ฿1.10. Ex-date: 16th April 2026 Payment date: 5th May 2026 Dividend yield will be 7.6%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (55% cash payout ratio). The dividend has increased by an average of 147% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 2.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 25MEB Corporation Public Company Limited announces Annual dividend, payable on May 05, 2026MEB Corporation Public Company Limited announced Annual dividend of THB 1.1000 per share payable on May 05, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Feb 25MEB Corporation Public Company Limited, Annual General Meeting, Apr 07, 2026MEB Corporation Public Company Limited, Annual General Meeting, Apr 07, 2026, at 14:30 SE Asia Standard Time.
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: ฿0.34 (down from ฿0.35 in 3Q 2024). Revenue: ฿536.5m (down 1.2% from 3Q 2024). Net income: ฿101.8m (down 2.9% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 5.6%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Thailand.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: ฿0.34 (down from ฿0.39 in 2Q 2024). Revenue: ฿543.8m (flat on 2Q 2024). Net income: ฿101.1m (down 13% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Thailand.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.38 (vs ฿0.35 in 1Q 2024)First quarter 2025 results: EPS: ฿0.38 (up from ฿0.35 in 1Q 2024). Revenue: ฿571.3m (up 8.6% from 1Q 2024). Net income: ฿113.4m (up 8.1% from 1Q 2024). Profit margin: 20% (in line with 1Q 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Thailand.
Buy Or Sell Opportunity • May 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to ฿20.60. The fair value is estimated to be ฿26.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.
Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.4% to ฿21.10. The fair value is estimated to be ฿26.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period.
お知らせ • Apr 24+ 1 more updateMeb Corporation Public Company Limited Approves Special Dividend for the Year 2024, Payable on 20 May 2025Meb Corporation Public Company Limited held the 2025 Annual General Meeting of Shareholders on 22 April 2025, approved profit allocation and dividend payment for operating results of year 2024 and special dividend payment. Approved of the dividend payment for 2024 performance special dividend payment at THB 0.35 per share. The Record Date for the right to receive dividend would fall on 29 April 2025, and the dividend would be paid to the shareholders on 20 May 2025.
Upcoming Dividend • Apr 21Upcoming dividend of ฿1.10 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (3.7%).
Price Target Changed • Apr 16Price target decreased by 11% to ฿30.00Down from ฿33.67, the current price target is an average from 2 analysts. New target price is 42% above last closing price of ฿21.10. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.62 for next year compared to ฿1.47 last year.
Buy Or Sell Opportunity • Apr 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to ฿21.80. The fair value is estimated to be ฿27.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 112%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 21% in the next 2 years.
Declared Dividend • Feb 27Dividend increased to ฿1.10Dividend of ฿1.10 is 69% higher than last year. Ex-date: 28th April 2025 Payment date: 20th May 2025 Dividend yield will be 5.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 261% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 26+ 2 more updatesMEB Corporation Public Company Limited Proposes Special Cash Dividend, Payable on 20 May, 2025MEB Corporation Public Company Limited proposed Special dividend of THB 0.35 per share. Record date for the right to receive dividends 29 April, 2025. Ex-dividend date is 28 April, 2025, Payment date 20 May, 2025.
Buy Or Sell Opportunity • Feb 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to ฿21.10. The fair value is estimated to be ฿26.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 119%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Price Target Changed • Jan 28Price target decreased by 8.8% to ฿35.00Down from ฿38.38, the current price target is an average from 3 analysts. New target price is 57% above last closing price of ฿22.30. Stock is down 37% over the past year. The company is forecast to post earnings per share of ฿1.49 for next year compared to ฿1.30 last year.
Buy Or Sell Opportunity • Jan 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ฿23.60. The fair value is estimated to be ฿30.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 119%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 24% in the next 2 years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.31 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.35 (up from ฿0.31 in 3Q 2023). Revenue: ฿543.1m (up 14% from 3Q 2023). Net income: ฿104.8m (up 13% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Thailand.
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: ฿0.39 (vs ฿0.32 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.39 (up from ฿0.32 in 2Q 2023). Revenue: ฿556.9m (up 18% from 2Q 2023). Net income: ฿115.8m (up 21% from 2Q 2023). Profit margin: 21% (in line with 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Thailand.
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.30 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.30 in 1Q 2023). Revenue: ฿526.2m (up 15% from 1Q 2023). Net income: ฿104.9m (up 21% from 1Q 2023). Profit margin: 20% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Thailand.
Buy Or Sell Opportunity • May 03Now 20% overvaluedOver the last 90 days, the stock has fallen 6.8% to ฿34.00. The fair value is estimated to be ฿28.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 78%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.8%).
Price Target Changed • Apr 12Price target decreased by 10% to ฿36.67Down from ฿40.83, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ฿33.25. Stock is down 11% over the past year. The company is forecast to post earnings per share of ฿1.48 for next year compared to ฿1.30 last year.
Buy Or Sell Opportunity • Apr 04Now 24% overvaluedOver the last 90 days, the stock has fallen 3.8% to ฿31.75. The fair value is estimated to be ฿25.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 78%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
Reported Earnings • Mar 02Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: ฿1.30. Revenue: ฿1.94b (up 13% from FY 2022). Net income: ฿386.4m (up 17% from FY 2022). Profit margin: 20% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Thailand.
お知らせ • Mar 01MEB Corporation Public Company Limited Proposes Dividend for the Operating from January 1, 2023 to December 31, 2023, Payable on 21 May 2024MEB Corporation Public Company Limited at its AGM to be held on April 23, 2024 proposed the dividend payment for operating from January 1, 2023 to December 31, 2023 at THB 0.65 per share. The Company has set the record date for the right to receive dividend payment (Record Date) on 2 May 2024. The shareholders who are determined by the Record Date will receive dividend on 21 May 2024. However, the right to receive dividend is not confirmed until being approved by the 2024 AGM. Ex dividend date is April 30, 2024.
Declared Dividend • Mar 01Dividend of ฿0.65 announcedShareholders will receive a dividend of ฿0.65. Ex-date: 30th April 2024 Payment date: 21st May 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.5%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ฿0.31 (vs ฿1.02 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.31. Revenue: ฿475.6m (up 13% from 3Q 2022). Net income: ฿92.8m (up 19% from 3Q 2022). Profit margin: 20% (in line with 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Thailand.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.32 (vs ฿8.14 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.32. Revenue: ฿476.3m (up 11% from 2Q 2022). Net income: ฿95.9m (up 18% from 2Q 2022). Profit margin: 20% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Thailand.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿35.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Specialty Retail industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿21.27 per share.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿30.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Specialty Retail industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿20.59 per share.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿32.75, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Specialty Retail industry in Thailand.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿29.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Specialty Retail industry in Thailand.
お知らせ • Feb 15MEB Corporation Public Company Limited has completed an IPO in the amount of THB 2.15175 billion.MEB Corporation Public Company Limited has completed an IPO in the amount of THB 2.15175 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 75,500,000 Price\Range: THB 28.5 Transaction Features: ESOP Related Offering; Reserved Share Offering