Maybank Securities (Thailand) Public Company Limited Logo

Maybank Securities (Thailand) Public Company Limited

MST.BK

(1.8)
Stock Price

9,70 THB

2.14% ROA

7.39% ROE

13.8x PER

Market Cap.

6.393.128.000,00 THB

284.15% DER

8.75% Yield

13.48% NPM

Maybank Securities (Thailand) Public Company Limited Stock Analysis

Maybank Securities (Thailand) Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Maybank Securities (Thailand) Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

2 ROE

ROE in an average range (9.32%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (2.14%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.27x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (91) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The company has a high debt to equity ratio (284%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Maybank Securities (Thailand) Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Maybank Securities (Thailand) Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Maybank Securities (Thailand) Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Maybank Securities (Thailand) Public Company Limited Revenue
Year Revenue Growth
2004 39.727.855
2005 96.143.095 58.68%
2006 170.648.485 43.66%
2007 138.977.779 -22.79%
2008 1.925.426.701 92.78%
2009 2.532.871.563 23.98%
2010 2.744.189.589 7.7%
2011 2.394.857.667 -14.59%
2012 2.601.468.137 7.94%
2013 3.690.630.471 29.51%
2014 3.408.305.662 -8.28%
2015 2.793.764.711 -22%
2016 2.665.851.430 -4.8%
2017 2.353.230.000 -13.28%
2018 2.002.884.000 -17.49%
2019 1.370.804.000 -46.11%
2020 2.270.934.510 39.64%
2021 3.286.349.000 30.9%
2022 2.537.748.000 -29.5%
2023 2.401.628.000 -5.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Maybank Securities (Thailand) Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Maybank Securities (Thailand) Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 742.262.150 100%
2009 1.076.994.731 31.08%
2010 1.324.925.800 18.71%
2011 1.456.574.193 9.04%
2012 313.622.622 -364.44%
2013 341.878.168 8.26%
2014 364.487.869 6.2%
2015 367.170.204 0.73%
2016 373.741.497 1.76%
2017 0 0%
2018 162.414.000 100%
2019 155.456.000 -4.48%
2020 51.677.000 -200.82%
2021 52.558.000 1.68%
2022 62.393.000 15.76%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Maybank Securities (Thailand) Public Company Limited EBITDA
Year EBITDA Growth
2004 125.480.176
2005 189.339.564 33.73%
2006 268.506.904 29.48%
2007 217.616.282 -23.39%
2008 1.252.194.260 82.62%
2009 1.513.868.663 17.29%
2010 1.471.526.054 -2.88%
2011 997.713.586 -47.49%
2012 1.246.853.433 19.98%
2013 2.310.898.026 46.04%
2014 2.074.506.573 -11.4%
2015 1.779.947.402 -16.55%
2016 1.639.060.229 -8.6%
2017 1.023.937.583 -60.07%
2018 820.640.165 -24.77%
2019 311.006.511 -163.87%
2020 599.607.386 48.13%
2021 1.153.518.747 48.02%
2022 990.798.029 -16.42%
2023 1.197.193.468 17.24%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Maybank Securities (Thailand) Public Company Limited Gross Profit
Year Gross Profit Growth
2004 39.727.855
2005 96.143.095 58.68%
2006 170.648.485 43.66%
2007 138.977.779 -22.79%
2008 1.925.426.701 92.78%
2009 2.532.871.563 23.98%
2010 2.744.189.589 7.7%
2011 2.394.857.667 -14.59%
2012 1.140.909.725 -109.91%
2013 1.733.805.308 34.2%
2014 1.576.082.708 -10.01%
2015 1.151.167.431 -36.91%
2016 1.151.506.204 0.03%
2017 842.626.110 -36.66%
2018 554.677.961 -51.91%
2019 77.485.235 -615.85%
2020 725.753.738 89.32%
2021 1.547.113.371 53.09%
2022 1.148.852.136 -34.67%
2023 1.148.784.000 -0.01%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Maybank Securities (Thailand) Public Company Limited Net Profit
Year Net Profit Growth
2004 1.042.661.876
2005 714.978.123 -45.83%
2006 532.799.276 -34.19%
2007 551.378.614 3.37%
2008 534.783.455 -3.1%
2009 715.171.301 25.22%
2010 805.593.601 11.22%
2011 654.181.183 -23.15%
2012 738.403.810 11.41%
2013 1.445.824.241 48.93%
2014 1.264.224.401 -14.36%
2015 1.019.230.915 -24.04%
2016 974.489.740 -4.59%
2017 638.629.373 -52.59%
2018 391.293.238 -63.21%
2019 254.745.086 -53.6%
2020 484.450.906 47.42%
2021 760.793.923 36.32%
2022 628.232.886 -21.1%
2023 480.316.000 -30.8%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Maybank Securities (Thailand) Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 2
2005 1 0%
2006 1 0%
2007 1 100%
2008 1 0%
2009 1 100%
2010 1 0%
2011 1 0%
2012 1 0%
2013 2 50%
2014 2 0%
2015 2 -100%
2016 2 0%
2017 1 0%
2018 1 0%
2019 0 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Maybank Securities (Thailand) Public Company Limited Free Cashflow
Year Free Cashflow Growth
2004 807.236.684
2005 1.912.725.495 57.8%
2006 70.934.518 -2596.47%
2007 -15.605.266 554.56%
2008 1.429.582.436 101.09%
2009 -251.688.212 668%
2010 -746.171.885 66.27%
2011 -480.971.527 -55.14%
2012 -3.770.080.536 87.24%
2013 -834.375.191 -351.84%
2014 -3.942.040.755 78.83%
2015 -37.901.607 -10300.72%
2016 2.478.246.903 101.53%
2017 -1.232.802.136 301.03%
2018 722.246.534 270.69%
2019 788.517.374 8.4%
2020 -910.101.119 186.64%
2021 -5.379.440.954 83.08%
2022 4.740.486.872 213.48%
2023 -507.135.278 1034.76%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Maybank Securities (Thailand) Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2004 892.896.385
2005 2.069.162.414 56.85%
2006 121.038.094 -1609.51%
2007 18.969.492 -538.07%
2008 1.473.478.484 98.71%
2009 -224.543.458 756.21%
2010 -681.244.775 67.04%
2011 -393.722.483 -73.03%
2012 -3.682.794.685 89.31%
2013 -700.125.564 -426.02%
2014 -3.756.318.860 81.36%
2015 298.044 1260423.6%
2016 2.532.572.691 99.99%
2017 -1.197.440.333 311.5%
2018 761.309.439 257.29%
2019 832.185.000 8.52%
2020 -881.545.455 194.4%
2021 -5.312.066.090 83.4%
2022 4.821.136.529 210.18%
2023 -495.721.307 1072.55%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Maybank Securities (Thailand) Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2004 85.659.701
2005 156.436.919 45.24%
2006 50.103.576 -212.23%
2007 34.574.758 -44.91%
2008 43.896.048 21.23%
2009 27.144.754 -61.71%
2010 64.927.110 58.19%
2011 87.249.044 25.58%
2012 87.285.851 0.04%
2013 134.249.627 34.98%
2014 185.721.895 27.71%
2015 38.199.651 -386.19%
2016 54.325.788 29.68%
2017 35.361.803 -53.63%
2018 39.062.905 9.47%
2019 43.667.626 10.54%
2020 28.555.664 -52.92%
2021 67.374.864 57.62%
2022 80.649.657 16.46%
2023 11.413.971 -606.59%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Maybank Securities (Thailand) Public Company Limited Equity
Year Equity Growth
2004 4.068.356.477
2005 4.047.584.600 -0.51%
2006 4.013.494.376 -0.85%
2007 4.172.706.386 3.82%
2008 4.214.070.250 0.98%
2009 4.528.858.001 6.95%
2010 4.636.729.377 2.33%
2011 4.420.081.531 -4.9%
2012 4.517.012.772 2.15%
2013 5.275.683.762 14.38%
2014 4.884.232.404 -8.01%
2015 4.818.915.769 -1.36%
2016 4.914.351.179 1.94%
2017 4.655.017.215 -5.57%
2018 4.561.118.128 -2.06%
2019 4.277.418.166 -6.63%
2020 4.601.553.533 7.04%
2021 4.813.611.098 4.41%
2022 5.020.522.108 4.12%
2023 4.812.181.000 -4.33%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Maybank Securities (Thailand) Public Company Limited Assets
Year Assets Growth
2004 6.628.169.703
2005 6.329.122.184 -4.72%
2006 5.514.546.835 -14.77%
2007 6.796.404.897 18.86%
2008 5.344.134.892 -27.18%
2009 7.126.346.650 25.01%
2010 9.036.570.412 21.14%
2011 7.166.201.567 -26.1%
2012 13.973.131.512 48.71%
2013 14.684.972.473 4.85%
2014 20.612.852.206 28.76%
2015 17.989.157.586 -14.58%
2016 16.802.594.916 -7.06%
2017 18.924.143.592 11.21%
2018 16.359.521.315 -15.68%
2019 16.137.696.700 -1.37%
2020 19.085.672.498 15.45%
2021 27.353.659.298 30.23%
2022 24.227.546.617 -12.9%
2023 21.739.801.000 -11.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Maybank Securities (Thailand) Public Company Limited Liabilities
Year Liabilities Growth
2004 2.559.813.226
2005 2.281.537.584 -12.2%
2006 1.501.052.459 -52%
2007 2.623.698.511 42.79%
2008 1.130.064.642 -132.17%
2009 2.597.488.649 56.49%
2010 4.399.841.035 40.96%
2011 2.746.120.036 -60.22%
2012 9.456.118.740 70.96%
2013 9.409.288.711 -0.5%
2014 15.728.619.802 40.18%
2015 13.170.241.817 -19.43%
2016 11.888.243.737 -10.78%
2017 14.269.126.377 16.69%
2018 11.798.403.187 -20.94%
2019 11.860.278.534 0.52%
2020 14.484.118.965 18.12%
2021 22.540.048.200 35.74%
2022 19.207.024.509 -17.35%
2023 16.927.620.000 -13.47%

Maybank Securities (Thailand) Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.45
Net Income per Share
0.81
Price to Earning Ratio
13.8x
Price To Sales Ratio
2.05x
POCF Ratio
3
PFCF Ratio
3.08
Price to Book Ratio
1.33
EV to Sales
5.51
EV Over EBITDA
12.81
EV to Operating CashFlow
8.03
EV to FreeCashFlow
8.27
Earnings Yield
0.07
FreeCashFlow Yield
0.32
Market Cap
6,39 Bil.
Enterprise Value
17,16 Bil.
Graham Number
12.4
Graham NetNet
-0.25

Income Statement Metrics

Net Income per Share
0.81
Income Quality
3.66
ROE
0.09
Return On Assets
0.02
Return On Capital Employed
0.19
Net Income per EBT
0.79
EBT Per Ebit
0.44
Ebit per Revenue
0.38
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.57
Operating Profit Margin
0.38
Pretax Profit Margin
0.17
Net Profit Margin
0.13

Dividends

Dividend Yield
0.09
Dividend Yield %
8.75
Payout Ratio
0.46
Dividend Per Share
0.98

Operating Metrics

Operating Cashflow per Share
3.74
Free CashFlow per Share
3.63
Capex to Operating CashFlow
-0.03
Capex to Revenue
-0.02
Capex to Depreciation
-0.46
Return on Invested Capital
0.05
Return on Tangible Assets
0.02
Days Sales Outstanding
2166.04
Days Payables Outstanding
653.13
Days of Inventory on Hand
0
Receivables Turnover
0.17
Payables Turnover
0.56
Inventory Turnover
0
Capex per Share
-0.11

Balance Sheet

Cash per Share
5,11
Book Value per Share
8,42
Tangible Book Value per Share
8.42
Shareholders Equity per Share
8.42
Interest Debt per Share
24.67
Debt to Equity
2.84
Debt to Assets
0.63
Net Debt to EBITDA
8.04
Current Ratio
1.35
Tangible Asset Value
4,76 Bil.
Net Current Asset Value
1,96 Bil.
Invested Capital
2.84
Working Capital
4,92 Bil.
Intangibles to Total Assets
0
Average Receivables
17,85 Bil.
Average Payables
2,10 Bil.
Average Inventory
0
Debt to Market Cap
2.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Maybank Securities (Thailand) Public Company Limited Dividends
Year Dividends Growth
2004 1
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 100%
2011 2 0%
2012 1 0%
2013 1 0%
2014 3 50%
2015 2 -100%
2016 2 0%
2017 2 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 1 0%
2022 1 0%
2023 1 0%

Maybank Securities (Thailand) Public Company Limited Profile

About Maybank Securities (Thailand) Public Company Limited

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, offshore trading, mutual funds, block trade, and institutional sale services, as well as broker agent. It also offers investment banking and advisory services, such as securities offering, M&A, independent financial advisory, debt and corporate restructurings, and other financial advisory; investment management; underwriting; and securities trading, borrowing, and lending services. As of December 31, 2021, it operated 28 branches in Bangkok and upcountry. The company was formerly known as Maybank Kim Eng Securities (Thailand) Public Company Limited and changed its name to Maybank Securities (Thailand) Public Company Limited in November 2021. The company was incorporated in 1996 and is based in Bangkok, Thailand. Maybank Securities (Thailand) Public Company Limited is a subsidiary of Maybank Kim Eng Holdings Limited.

CEO
Mr. Arapat Sangkharat
Employee
0
Address
No. 999/9, The Offices at Central World
Bangkok, 10330

Maybank Securities (Thailand) Public Company Limited Executives & BODs

Maybank Securities (Thailand) Public Company Limited Executives & BODs
# Name Age
1 Ms. Vipawadee Lertsrisuriya
Senior EVice President of Compliance Department & Head of Compliance
70
2 Mr. Sittiporn Sorngarn
Managing Director of Retail Business
70
3 Mr. Vichet Pornsinsiriruk
Chief Information Officer
70
4 Mr. Arapat Sangkharat
Chief Executive Officer & Executive Director
70
5 Mr. Sombat Jiwariyavej
Managing Director of Debt Capital Market
70
6 Ms. Variya Worawattanamateekul
Head of Internal Audit
70
7 Mr. Ekachai Taraporntip
MD and Head of Advisory & Solutions
70
8 Mr. Sarawoot Kittinaraporn
Vice President & Head of Accounting
70
9 Mr. Swee Ong Koh
Chief Operating Officer
70
10 Ms. Maria Brenda Sanchez Lapiz
Managing Director of Institutional Research Department
70

Maybank Securities (Thailand) Public Company Limited Competitors