Maybank Securities (Thailand) PCL (BKK:MST-R) EBITDA Margin %: 56.13% (As of Mar. 2026) — 29% Above Median


BKK:MST-R Maybank Securities (Thailand) PCL BKK:MST-R
59 GF Score
Price ฿6.85
GF Value ฿6.44
! 7 Warning Signs
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What is Maybank Securities (Thailand) PCL EBITDA Margin %?

Maybank Securities (Thailand) PCL BKK:MST-R 59 EBITDA Margin % is 56.13% as of Mar. 2026, which is 29% above its 10-year median of 43.63. GuruFocus rates BKK:MST-R with a GF Score™ of 59/100 and a GF Value™ of ฿6.44. The stock has 7 warning signs investors should review. Among 666 Capital Markets companies, Maybank Securities (Thailand) PCL ranks better than 71.02% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Maybank Securities (Thailand) PCL's EBITDA for the three months ended in Mar. 2026 was ฿333 Mil. Maybank Securities (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿593 Mil. Therefore, Maybank Securities (Thailand) PCL's EBITDA margin for the quarter that ended in Mar. 2026 was 56.13%.


Maybank Securities (Thailand) PCL  (BKK:MST-R) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Maybank Securities (Thailand) PCL EBITDA Margin % Related Terms


Maybank Securities (Thailand) PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) PCL's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maybank Securities (Thailand) PCL EBITDA Margin % Chart

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.48 43.36 45.07 51.72 39.94

Maybank Securities (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.86 -428.65 36.55 28.72 56.13

BKK:MST-R vs MS, GS, SCHW: EBITDA Margin % Comparison

For the Capital Markets subindustry, Maybank Securities (Thailand) PCL's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maybank Securities (Thailand) PCL EBITDA Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's EBITDA Margin % falls into.


BKK:MST-R
59GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maybank Securities (Thailand) PCL EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Maybank Securities (Thailand) PCL's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=750.052/1877.781
=39.94 %

Maybank Securities (Thailand) PCL's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=332.738/592.809
=56.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 56.13% mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a EBITDA Margin % of 56.13% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Maybank Securities (Thailand) PCL and its competitors. This is 29% above median its historical median of 43.63. Over the past decade, Maybank Securities (Thailand) PCL's EBITDA Margin % has ranged from 32.98 to 57.87. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #193 out of 666 companies in the Capital Markets industry, placing it in the top 29%.
Is Maybank Securities (Thailand) PCL's EBITDA Margin % too high?
Maybank Securities (Thailand) PCL's current EBITDA Margin % of 56.13% is 29% above median its 10-year median of 43.63. Over the past 10 years, this metric has ranged from a low of 32.98 to a high of 57.87. The Capital Markets industry median EBITDA Margin % is 20.73. Maybank Securities (Thailand) PCL's value of 56.13% is 170.8% above this industry median. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #193 out of 666 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's EBITDA Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #193 out of 666 companies for EBITDA Margin %. This puts Maybank Securities (Thailand) PCL in the upper half of its industry. The industry median EBITDA Margin % is 20.73. Maybank Securities (Thailand) PCL's value of 56.13% is 170.8% above this benchmark. Historically, Maybank Securities (Thailand) PCL's own EBITDA Margin % has ranged from 32.98 to 57.87 over the past decade. While the company's 10-year median is 43.63 vs. the industry median of 20.73, Maybank Securities (Thailand) PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.73, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maybank Securities (Thailand) PCL's current EBITDA Margin % of 56.13% is 170.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Maybank Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maybank Securities (Thailand) PCL's current EBITDA Margin % is 56.13%, which is 29% above median its own 10-year median of 43.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maybank Securities (Thailand) PCL stock overvalued right now?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a current EBITDA Margin % of 56.13%. The stock's GF Value™ is ฿6.44, compared to a current price of ฿6.85 — trading 6.4% above its estimated fair value. The current EBITDA Margin % is 56.13%, which is 29% above median its 10-year median of 43.63 and 170.8% above the Capital Markets industry median of 20.73. Maybank Securities (Thailand) PCL's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current EBITDA Margin % is 56.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maybank Securities (Thailand) PCL (BKK:MST-R) Overvalued in 2026?

Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL stock appears to be overvalued. The current stock price of ฿6.85 is trading 6.4% above its estimated GF Value™ of ฿6.44.

Key valuation signals for BKK:MST-R:

  • EBITDA Margin %: 56.13% (29% above median its 10-year median of 43.63)
  • GF Value™: ฿6.44 vs. price of ฿6.85 (6.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 170.8% above the Capital Markets median (#193 of 666)

No single metric tells the full story. See the BKK:MST-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maybank Securities (Thailand) PCL Business Description

Other Exchanges MST:Thailand
Address Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which also generates key revenue, provides services like securities brokering, derivative brokering, securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing and lending, and corporate finance advisory services.
59GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.85
Price
฿6.44
GF Value