Maybank Securities (Thailand) Public Company Limited

SET:MST Stock Report

Market Cap: ฿5.3b

Maybank Securities (Thailand) Past Earnings Performance

Past criteria checks 2/6

Maybank Securities (Thailand) has been growing earnings at an average annual rate of 1.3%, while the Capital Markets industry saw earnings growing at 1.3% annually. Revenues have been declining at an average rate of 1.1% per year. Maybank Securities (Thailand)'s return on equity is 7.7%, and it has net margins of 17.6%.

Key information

1.3%

Earnings growth rate

1.2%

EPS growth rate

Capital Markets Industry Growth11.8%
Revenue growth rate-1.1%
Return on equity7.7%
Net Margin17.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Maybank Securities (Thailand) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:MST Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,1533791,0650
30 Jun 242,1193521,0730
31 Mar 242,1423721,0650
31 Dec 232,2173651,1040
30 Sep 232,3444881,0690
30 Jun 232,3824861,0990
31 Mar 232,4615111,1400
31 Dec 222,6626281,2160
30 Sep 222,7926201,3160
30 Jun 222,9616861,4060
31 Mar 223,1857661,4950
31 Dec 213,2057611,5150
30 Sep 213,2428061,5360
30 Jun 212,9746911,4210
31 Mar 212,8026271,3740
31 Dec 202,5814841,3370
30 Sep 202,3304161,1770
30 Jun 202,4044571,1860
31 Mar 202,2463571,1530
31 Dec 192,0772551,1200
30 Sep 192,0832241,1550
30 Jun 192,0551691,1350
31 Mar 192,2112751,1700
31 Dec 182,4523911,2680
30 Sep 182,6864751,3960
30 Jun 182,7515251,4580
31 Mar 182,7685311,4500
31 Dec 172,8956391,4220
30 Sep 173,0157281,3890
30 Jun 173,3079111,4230
31 Mar 173,3889721,4090
31 Dec 163,2859741,2800
30 Sep 163,2229491,3600
30 Jun 163,0808631,4290
31 Mar 163,1109141,4750
31 Dec 153,4961,0191,7810
30 Sep 154,0001,3311,8510
30 Jun 154,4451,5172,0390
31 Mar 154,5431,5012,1470
31 Dec 144,0041,2641,9520
30 Sep 143,4061,0041,7340
30 Jun 143,0768751,5860
31 Mar 143,4001,0091,7010
31 Dec 134,2981,4492,0540

Quality Earnings: MST has high quality earnings.

Growing Profit Margin: MST's current net profit margins (17.6%) are lower than last year (20.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MST's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: MST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MST had negative earnings growth (-22.4%) over the past year, making it difficult to compare to the Capital Markets industry average (-13%).


Return on Equity

High ROE: MST's Return on Equity (7.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 11:49
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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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.