DB:3MK

Stock Analysis Report

Executive Summary

MK Restaurant Group Public Company Limited, together with its subsidiaries, sells foods and beverages through restaurants under the MK Restaurants trademark in Thailand.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has MK Restaurant Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

DB:3MK

0.1%

DE Hospitality

0.3%

DE Market


1 Year Return

1.4%

DB:3MK

-52.1%

DE Hospitality

-11.7%

DE Market

3MK outperformed the Hospitality industry which returned -52.1% over the past year.

3MK outperformed the Market in Germany which returned -11.7% over the past year.


Share holder returns

3MKIndustryMarket
7 Day2.3%0.1%0.3%
30 Day4.4%-9.9%-2.3%
90 Day3.9%-9.2%-1.1%
1 Year5.0%1.4%-48.9%-52.1%-8.9%-11.7%
3 Year92.8%73.1%-17.5%-28.9%22.9%12.2%
5 Year88.5%58.5%-6.5%-25.1%23.2%6.1%

Price Volatility Vs. Market

How volatile is MK Restaurant Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MK Restaurant Group undervalued based on future cash flows and its price relative to the stock market?

25.92x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

MK Restaurant Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

MK Restaurant Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

MK Restaurant Group is overvalued based on earnings compared to the DE Hospitality industry average.

MK Restaurant Group is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

MK Restaurant Group is poor value based on expected growth next year.


Price Based on Value of Assets

MK Restaurant Group is overvalued based on assets compared to the DE Hospitality industry average.


Next Steps

Future Growth

How is MK Restaurant Group expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

MK Restaurant Group's revenue is expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).

MK Restaurant Group's earnings are expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).

MK Restaurant Group's revenue growth is expected to exceed the Germany market average.

MK Restaurant Group's earnings growth is positive but not above the Germany market average.

MK Restaurant Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

MK Restaurant Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has MK Restaurant Group performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MK Restaurant Group's year on year earnings growth rate has been positive over the past 5 years.

MK Restaurant Group's 1-year earnings growth is less than its 5-year average (5.9% vs 6.5%)

MK Restaurant Group's earnings growth has exceeded the DE Hospitality industry average in the past year (5.9% vs -2.6%).


Return on Equity

MK Restaurant Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

MK Restaurant Group used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

MK Restaurant Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is MK Restaurant Group's financial position?


Financial Position Analysis

MK Restaurant Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

MK Restaurant Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

MK Restaurant Group has no debt.

MK Restaurant Group had no debt 5 years ago.

MK Restaurant Group has no debt, it does not need to be covered by operating cash flow.

MK Restaurant Group has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

MK Restaurant Group has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is MK Restaurant Group's current dividend yield, its reliability and sustainability?

3.98%

Expected Dividend Yield


Dividend Yield and Payments Analysis

MK Restaurant Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).

MK Restaurant Group's dividend is below the markets top 25% of dividend payers in Germany (3.91%).

Whilst dividend payments have been stable, MK Restaurant Group has been paying a dividend for less than 10 years.

Dividend payments have increased, but MK Restaurant Group only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.1x coverage).


Next Steps

Management

What is the CEO of MK Restaurant Group's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Rit Thirakomen (66yo)

7.4yrs

Tenure

Mr. Rit Thirakomen has been the Chief Executive Officer of MK Restaurant Group Public Company Limited since 2012 and has been its Chairman since 2012. Mr. Thirakomen served as President and Acting Executiv ...


Management Age and Tenure

4.4yrs

Average Tenure

57yo

Average Age

The tenure for the MK Restaurant Group management team is about average.


Board Age and Tenure

7.0yrs

Average Tenure

65yo

Average Age

The tenure for the MK Restaurant Group board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Rit Thirakomen (66yo)

    Chairman & CEO

    • Tenure: 7.4yrs
  • Somchai Hanjitkasem (57yo)

    Executive VP & Director

    • Tenure: 4.4yrs
  • Yupin Thirakomen (61yo)

    Executive Vice President

    • Tenure: 4.4yrs
  • Kiatkong Kungwanwong (50yo)

    Senior Vice President of Development & Maintenance Division

    • Tenure: 2.4yrs
  • Sudarut Patvivatsiri (45yo)

    Senior VP of Accounting & Finance Division and Corporate Secretary

    • Tenure: 2.4yrs

Board Members

  • Katiya Greigarn (66yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿1.00m
  • Vilai Chattanrassamee (64yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿1.04m
  • Thanong Chotisorayuth (64yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿955.00k
  • Somchai Pipitvijitkorn (79yo)

    Director

    • Tenure: 7.0yrs
    • Compensation: ฿985.00k
  • Sujint Chumpolkanjana (67yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿955.00k
  • Attapon Chodchoy (61yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿1.07m
  • Rit Thirakomen (66yo)

    Chairman & CEO

    • Tenure: 7.4yrs
  • Somchai Hanjitkasem (57yo)

    Executive VP & Director

    • Tenure: 30.4yrs
  • Annop Tanlamai (67yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: ฿1.05m
  • Pravit Tantiwasinchai (62yo)

    Director

    • Tenure: 7.0yrs
    • Compensation: ฿300.00k

Company Information

MK Restaurant Group Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MK Restaurant Group Public Company Limited
  • Ticker: 3MK
  • Exchange: DB
  • Founded: 1962
  • Industry: restaurants
  • Sector: consumer services
  • Market Cap: ฿68.605b
  • Listing Market Cap: ฿1.958b
  • Shares outstanding: 920.88m
  • Website: Click here

Location

  • MK Restaurant Group Public Company Limited
  • 1200 Debaratna Road
  • Bangnatai
  • Bangkok
  • 10260
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1970
M-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBJan 1970
3MKDB (Deutsche Boerse AG)THB1(ALIEN MKT)DEEURJan 1970

Biography

MK Restaurant Group Public Company Limited, together with its subsidiaries, sells foods and beverages through restaurants under the MK Restaurants trademark in Thailand. The company operates through two se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/16 22:33
End of Day Share Price2019/06/14 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.