Valuation Master Style Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 04/09/2026			5-day change	1st Jan Change
8.750 ^THB	+1.74%		-3.31%	+17.45%

08-14	Master Style Public Company Limited Announces CFO Changes	CI
08-14	Master Style Public Company Limited Announces Appointment of Praphawarin Longngam to Chief Executive Officer, Effective August 14, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2023	2024	2025	2026	2027	2028
Market Cap ¹	15,312	13,652	2,248	2,640	-	-
Change	-	-10.84%	-83.54%	17.45%	-	-
Enterprise Value (EV) ¹	13,866	13,760	2,426	2,789	2,949	2,640
Change	-	-0.76%	-82.37%	14.97%	5.77%	-10.49%
P/E	36.5x	26.2x	11.3x	12.4x	9.91x	9.41x
PBR	5.12x	3.89x	0.65x	0.75x	0.72x	-
PEG	-30.77x	1.1x	-0.2x	1.82x	0.4x	1.76x
Capitalization / Revenue	7.99x	6.39x	1.19x	1.38x	1.32x	1.24x
EV / Revenue	7.23x	6.44x	1.29x	1.46x	1.47x	1.24x
EV / EBITDA	23.6x	19.5x	6.21x	6.47x	6.13x	5.51x
EV / EBIT	26.4x	23.8x	10.4x	11.2x	9.2x	-
EV / FCF	-49.1x	257x	9.54x	14.8x	7.8x	-
FCF Yield	-2.04%	0.39%	10.5%	6.74%	12.8%	-
Dividend per Share ²	0.3588	0.16	0.4	0.405	0.5212	0.56
Rate of return	0.71%	0.35%	5.37%	4.63%	5.96%	6.4%
EPS ²	1.391	1.73	0.66	0.705	0.8828	0.93
Distribution rate	25.8%	9.25%	60.6%	57.4%	59%	60.2%
Net sales ¹	1,917	2,135	1,885	1,909	2,003	2,128
EBITDA ¹	586.4	704.6	390.7	431	480.9	479
EBIT ¹	524.8	577.4	233.8	249	320.5	-
Net income ¹	416.3	522.4	198	211.5	266.4	280
Net Debt ¹	-1,446	108	177.8	148.6	309.4	-
Reference price ²	50.750	45.250	7.450	8.750	8.750	8.750
Nbr of stocks (in thousands)	301,714	301,712	301,712	301,712	-	-
Announcement Date	22/02/24	26/02/25	26/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
IHH HEALTHCARE	30.98x	2.89x	12.97x	1.42%	17.37B
APOLLO HOSPITALS ENTERPRISE LIMITED	50.11x	4.31x	28.07x	0.28%	13.17B
ENCOMPASS HEALTH CORPORATION	19.11x	2.27x	10.6x	0.65%	12.01B
AIER EYE HOSPITAL GROUP CO., LTD.	26.09x	3.06x	10.64x	1.54%	11.58B
MANIPAL HEALTH ENTERPRISES LIMITED	81.71x	7.75x	31.71x	-	10.1B
THE ENSIGN GROUP, INC.	24.19x	1.97x	15.86x	0.16%	9.87B
BANGKOK DUSIT MEDICAL SERVICES	20.07x	2.91x	12x	4.03%	9.86B
RAMSAY HEALTH CARE LIMITED	39.91x	1.04x	8.59x	1.62%	8.68B
PURE HEALTH HOLDING	13x	1.32x	7.93x	2.13%	7.93B
Average	33.91x	3.06x	15.37x	1.48%	11.17B
Weighted average by Cap.	34.22x	3.14x	15.69x	1.4%