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Maybank Securities (Thailand) SET:MST Stock Report

Last Price

฿9.05

Market Cap

฿5.2b

7D

0.6%

1Y

-16.2%

Updated

30 Jan, 2025

Data

Company Financials

Maybank Securities (Thailand) Public Company Limited

SET:MST Stock Report

Market Cap: ฿5.2b

MST Stock Overview

Provides investment and securities services to corporate and individual customers in Thailand. More details

MST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

Rewards

Price-To-Earnings ratio (11.2x) is below the TH market (13.3x)

Earnings grew by 26.6% over the past year

Risk Analysis

Earnings have declined by 2.4% per year over past 5 years

Debt is not well covered by operating cash flow

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Maybank Securities (Thailand) Public Company Limited Competitors

Asia Plus Group Holdings

SET:ASP

฿4.9b

KGI Securities (Thailand)

SET:KGI

฿8.4b

UOB Kay Hian Securities (Thailand)

SET:UOBKH

฿2.6b

Country Group Holdings

SET:CGH

฿2.4b

Price History & Performance

Summary of share price highs, lows and changes for Maybank Securities (Thailand)
Historical stock prices
Current Share Price฿9.05
52 Week High฿11.00
52 Week Low฿8.75
Beta0.92
1 Month Change-2.69%
3 Month Change-11.27%
1 Year Change-16.20%
3 Year Change-30.38%
5 Year Change37.12%
Change since IPO-74.86%

Recent News & Updates

Recent updates

Shareholder Returns

MSTTH Capital MarketsTH Market
7D0.6%3.2%-0.6%
1Y-16.2%-17.5%-2.9%

Return vs Industry: MST matched the TH Capital Markets industry which returned -17% over the past year.

Return vs Market: MST underperformed the TH Market which returned -2.1% over the past year.

Price Volatility

Is MST's price volatile compared to industry and market?
MST volatility
MST Average Weekly Movement2.4%
Capital Markets Industry Average Movement3.9%
Market Average Movement4.6%
10% most volatile stocks in TH Market9.5%
10% least volatile stocks in TH Market2.0%

Stable Share Price: MST has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: MST's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996n/aArapat Sangkharatwww.maybank-ke.co.th

Maybank Securities (Thailand) Public Company Limited provides investment and securities services to corporate and individual customers in Thailand. It operates through two segments, Securities Business and Investment Banking. The company provides online trading, retail broking, derivatives trading and warrants, investment management and advisory, offshore trading, mutual funds, block trade, and institutional sale services, as well as acts as a broker agent.

Maybank Securities (Thailand) Public Company Limited Fundamentals Summary

How do Maybank Securities (Thailand)'s earnings and revenue compare to its market cap?
MST fundamental statistics
Market cap฿5.17b
Earnings (TTM)฿462.13m
Revenue (TTM)฿2.29b

11.2x

P/E Ratio

2.3x

P/S Ratio

Is MST overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MST income statement (TTM)
Revenue฿2.29b
Cost of Revenue฿154.15m
Gross Profit฿2.14b
Other Expenses฿1.68b
Earnings฿462.13m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin93.28%
Net Profit Margin20.15%
Debt/Equity Ratio233.7%

How did MST perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

74%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:00
End of Day Share Price 2025/01/30 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Maybank Securities (Thailand) Public Company Limited is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuriko HiguchiCGS International
Sugittra KongkhajornkidsukDBS Vickers Research
null Research DepartmentFinansa Securities Ltd.