MK Restaurant Group Management

Management criteria checks 2/4

MK Restaurant Group's CEO is Rit Thirakomen, appointed in Jan 2012, has a tenure of 12.83 years. directly owns 13.56% of the company’s shares, worth THB3.15B. The average tenure of the management team and the board of directors is 9.8 years and 12.4 years respectively.

Key information

Rit Thirakomen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.8yrs
CEO ownership	13.6%
Management average tenure	9.8yrs
Board average tenure	12.4yrs

Recent management updates

Recent updates

CEO

Rit Thirakomen (72 yo)

12.8yrs

Tenure

Mr. Rit Thirakomen has been the Chief Executive Officer of MK Restaurant Group Public Company Limited since 2012 and has been its Chairman of the Board since 2012. He serves as a Director of Laem Charoen S...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rit Thirakomen	Chairman of the Board & CEO	12.8yrs	no data	13.56% THB 3.1b
Somchai Hanjitkasem	Executive VP & Director	9.8yrs	฿735.40k	25.24% THB 5.9b
Yupin Thirakomen	Executive VP & Director	9.8yrs	฿735.40k	20.06% THB 4.7b
Sudarut Patvivatsiri	Senior VP	7.8yrs	no data	no data
Kiatkong Kungwanwong	Senior Vice President of Restaurant Development & Facilities Maintenance Division	7.8yrs	no data	no data

9.8yrs

Average Tenure

63yo

Average Age

Experienced Management: M's management team is seasoned and experienced (9.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rit Thirakomen	Chairman of the Board & CEO	12.4yrs	no data	13.56% THB 3.1b
Somchai Hanjitkasem	Executive VP & Director	35.8yrs	฿735.40k	25.24% THB 5.9b
Yupin Thirakomen	Executive VP & Director	2.9yrs	฿735.40k	20.06% THB 4.7b
Vilai Chattanrassamee	Independent Director	12.4yrs	฿855.40k	no data
Thanong Chotisorayuth	Independent Director	12.4yrs	฿735.40k	no data
Katiya Greigarn	Independent Director	12.4yrs	฿870.40k	no data
Annop Tanlamai	Independent Director	12.4yrs	฿870.40k	no data
Sujint Chumpolkanjana	Independent Director	12.4yrs	฿735.40k	no data
Somchai Pipitvijitkorn	Director	12.4yrs	฿765.40k	no data
Pravit Tantiwasinchai	Independent Director	12.4yrs	฿735.40k	no data
Prasit Watanapa	Additional Director	1.6yrs	฿200.00k	no data

12.4yrs

Average Tenure

71yo

Average Age

Experienced Board: M's board of directors are seasoned and experienced ( 12.4 years average tenure).

MK Restaurant Group Management

Management criteria checks 2/4

Key information

Recent management updates

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 26, 2024

Insufficient new directors

Insufficient new directors

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 27, 2022

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 27, 2021

MK Restaurant Group Public Company Limited Announces the Demise of Attapon Chodchoy, Independent Director, Member of Audit Committee, and Member of Corporate Governance, Nominating and Compensation Committee

Recent updates

Upcoming dividend of ฿0.50 per share

First half dividend of ฿0.50 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 9.6% to ฿40.16

Price target decreased by 7.7% to ฿42.57

MK Restaurant Group Public Company Limited (SET:M) announces an Equity Buyback for 20,000,000 shares, representing 2.17% for THB 800 million.

MK Restaurant Group Public Company Limited (SET:M) announces an Equity Buyback for 20,000,000 shares, representing 2.17% for THB 800 million.

First quarter 2024 earnings released: EPS: ฿0.38 (vs ฿0.35 in 1Q 2023)

Upcoming dividend of ฿1.00 per share

MK Restaurant Group Public Company Limited Approves Dividend Payment, Will Be Paid on May 24, 2024

Price target decreased by 9.0% to ฿49.01

Final dividend increased to ฿1.00

Full year 2023 earnings: EPS exceeds analyst expectations

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 26, 2024

MK Restaurant Group Public Company Limited Proposes Final Dividend for the Year 2023, Payable on May 24, 2024

Now 21% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ฿0.42 (vs ฿0.44 in 3Q 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of ฿0.60 per share at 3.8% yield

MK Restaurant Group Public Company Limited Announces Cash Dividend for the Operating Period from 1 January 2023 to 30 June 2023, Payable on 8 September 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations

First quarter 2023 earnings released: EPS: ฿0.35 (vs ฿0.29 in 1Q 2022)

Upcoming dividend of ฿0.90 per share at 3.7% yield

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ฿0.50 per share

Second quarter 2022 earnings: EPS exceeds analyst expectations

MK Restaurant Group Public Company Limited Announces Interim Cash Dividend Payment for the Operating Period from 1 January 2022 to 30 June 2022, Payable on 8 September 2022

First quarter 2022 earnings: EPS misses analyst expectations

Upcoming dividend of ฿0.80 per share

Insufficient new directors

Full year 2021 earnings: EPS misses analyst expectations

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 27, 2022

MK Restaurant Group Public Company Limited Recommends Dividend for the Year 2021

Consensus forecasts updated

Price target increased to ฿59.50

Third quarter 2021 earnings released: ฿0.27 loss per share (vs ฿0.50 profit in 3Q 2020)

Second quarter 2021 earnings released: ฿0.035 loss per share (vs ฿0.27 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.10 (vs ฿0.37 in 1Q 2020)

Price target decreased to ฿58.42

MK Restaurant Group Public Company Limited Approves Interim Dividend for the Year 2020, Payable on May 25, 2021

Upcoming dividend of ฿1.00 per share

Consensus EPS estimates fall to ฿1.75

MK Restaurant Group Public Company Limited Announces Interim Dividend for the Operating Period from 1 July 2020 to 31 December 2020, Payable on 25 May 2021

New 90-day high: ฿58.00

Full year 2020 earnings released: EPS ฿0.99 (vs ฿2.83 in FY 2019)

Revenue behind estimates

MK Restaurant Group Public Company Limited, Annual General Meeting, Apr 27, 2021

Analysts increase EPS estimates to ฿1.08

New 90-day high: ฿54.00

Price target raised to ฿62.00

Revenue and earnings beat expectations

Third quarter 2020 earnings released: EPS ฿0.50

New 90-day low: ฿44.00

MK Restaurant Group Public Company Limited Announces the Demise of Attapon Chodchoy, Independent Director, Member of Audit Committee, and Member of Corporate Governance, Nominating and Compensation Committee

New 90-day low: ฿48.25

Price target lowered to ฿57.92

Analysts lower EPS estimates to ฿0.90

Upcoming Dividend of ฿0.50 Per Share

Price target raised to ฿64.35

First half earnings released

New 90-day low - ฿50.50

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure