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MCOT

MCOT SET:MCOT Stock Report

Last Price

฿5.20

Market Cap

฿3.6b

7D

-1.0%

1Y

-8.8%

Updated

01 Jul, 2022

Data

Company Financials
MCOT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

MCOT Stock Overview

MCOT Public Company Limited, together with its subsidiaries, engages in the multi-media business in Thailand.

Rewards

Became profitable this year

Risk Analysis

Large one-off items impacting financial results


MCOT Competitors

Mono Next

SET:MONO

฿5.8b

BEC World

SET:BEC

฿27.8b

Aqua Corporation

SET:AQUA

฿3.3b

AddTech Hub

SET:ADD

฿4.2b

Price History & Performance

Summary of all time highs, changes and price drops for MCOT
Historical stock prices
Current Share Price฿5.20
52 Week High฿8.45
52 Week Low฿4.98
Beta0.41
1 Month Change-2.80%
3 Month Change-18.11%
1 Year Change-8.77%
3 Year Change-49.52%
5 Year Change-62.04%
Change since IPO-77.87%

Recent News & Updates

Shareholder Returns

MCOTTH MediaTH Market
7D-1.0%-2.4%0.6%
1Y-8.8%-3.8%-0.4%

Return vs Industry: MCOT underperformed the TH Media industry which returned -3.8% over the past year.

Return vs Market: MCOT underperformed the TH Market which returned -0.4% over the past year.

Price Volatility

Is MCOT's price volatile compared to industry and market?
MCOT volatility
MCOT Average Weekly Movement4.9%
Media Industry Average Movement5.9%
Market Average Movement5.0%
10% most volatile stocks in TH Market10.6%
10% least volatile stocks in TH Market2.5%

Stable Share Price: MCOT is not significantly more volatile than the rest of TH stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MCOT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977n/aKasemsarn Chotchakornpanthttps://www.mcot.net

MCOT Public Company Limited, together with its subsidiaries, engages in the multi-media business in Thailand. It operates through Television and News Services, Radio Services, Engineering Services, New Business Services segments. The company provides digital terrestrial television broadcasting network services comprising high definition variety and standard definition family channels with programs comprising news and situation report, entertainment, edutainment, general knowledge, and sports; and engages in the production, marketing, and management of radio business comprising 62 central and regional radio stations broadcasting in FM and AM frequencies that broadcasts various informative and entertaining radio programs in the areas of politics, economy, society, foreign affairs, technology, music, sports, tourism, health and recreation activities, and news reports and analyses, as well as knowledge and entertainment programs of local interest.

MCOT Fundamentals Summary

How do MCOT's earnings and revenue compare to its market cap?
MCOT fundamental statistics
Market Cap฿3.57b
Earnings (TTM)฿86.58m
Revenue (TTM)฿1.46b

41.3x

P/E Ratio

2.5x

P/S Ratio

Is MCOT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCOT income statement (TTM)
Revenue฿1.46b
Cost of Revenue฿920.84m
Gross Profit฿537.17m
Other Expenses฿450.59m
Earnings฿86.58m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin36.84%
Net Profit Margin5.94%
Debt/Equity Ratio13.8%

How did MCOT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MCOT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MCOT?

Other financial metrics that can be useful for relative valuation.

MCOT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.9x
Enterprise Value/EBITDA26x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MCOT's PE Ratio compare to its peers?

MCOT PE Ratio vs Peers
The above table shows the PE ratio for MCOT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average60.6x
MONO Mono Next
133.2x75.1%฿5.8b
BEC BEC World
34.9x19.1%฿27.8b
AQUA Aqua Corporation
28.7xn/a฿3.3b
ADD AddTech Hub
45.4x27.4%฿4.2b
MCOT MCOT
41.3xn/a฿3.6b

Price-To-Earnings vs Peers: MCOT is good value based on its Price-To-Earnings Ratio (41.3x) compared to the peer average (60.6x).

Price to Earnings Ratio vs Industry

How does MCOT's PE Ratio compare vs other companies in the Asian Media Industry?

Price-To-Earnings vs Industry: MCOT is expensive based on its Price-To-Earnings Ratio (41.3x) compared to the TH Media industry average (34.9x)

Price to Earnings Ratio vs Fair Ratio

What is MCOT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MCOT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio41.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCOT's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of MCOT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate MCOT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MCOT's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MCOT's PEG Ratio to determine if it is good value.

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Future Growth

How is MCOT forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

49.0%

Forecasted Media industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MCOT has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

  • Take a look at our analysis of MCOT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has MCOT performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

18.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MCOT has a large one-off gain of THB72.3M impacting its March 31 2022 financial results.

Growing Profit Margin: MCOT became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: MCOT has become profitable over the past 5 years, growing earnings by 18% per year.

Accelerating Growth: MCOT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MCOT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (13.4%).

Return on Equity

High ROE: MCOT's Return on Equity (1.3%) is considered low.

Discover strong past performing companies

Financial Health

How is MCOT's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MCOT's short term assets (THB592.7M) exceed its short term liabilities (THB509.8M).

Long Term Liabilities: MCOT's short term assets (THB592.7M) do not cover its long term liabilities (THB2.9B).

Debt to Equity History and Analysis

Debt Level: MCOT's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: MCOT's debt to equity ratio has increased from 0% to 13.8% over the past 5 years.

Debt Coverage: MCOT's debt is not well covered by operating cash flow (15.7%).

Interest Coverage: MCOT's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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Dividend

What is MCOT current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MCOT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MCOT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MCOT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MCOT's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: MCOT is not paying a notable dividend for the TH market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MCOT has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure

CEO

Kasemsarn Chotchakornpant (51 yo)

1.42yrs

Tenure

Associate Professo Kasemsarn Chotchakornpant is President of MCOT Public Company Limited from 2021. Associate Professo Chotchakornpant is Director of MCOT Public Company Limited from October 27, 2021. Asso...

Leadership Team

Experienced Management: MCOT's management team is considered experienced (2.1 years average tenure).

Board Members

Experienced Board: MCOT's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

MCOT Public Company Limited's employee growth, exchange listings and data sources

Key Information

  • Name: MCOT Public Company Limited
  • Ticker: MCOT
  • Exchange: SET
  • Founded: 1977
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: ฿3.573b
  • Shares outstanding: 687.10m
  • Website: https://www.mcot.net

Location

  • MCOT Public Company Limited
  • 63/1 Rama IX Road
  • Hauy Kwang
  • Bangkok
  • 10310
  • Thailand

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.