Maybank Securities (Thailand) PCL (BKK:MST-R) EV-to-OCF: 1.77 (As of Jul. 03, 2026) — 51% Below Median


BKK:MST-R Maybank Securities (Thailand) PCL BKK:MST-R
58 GF Score
Price ฿6.85
GF Value ฿6.33
! 7 Warning Signs
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What is Maybank Securities (Thailand) PCL EV-to-OCF?

Maybank Securities (Thailand) PCL BKK:MST-R 58 EV-to-OCF is 1.77 as of Jul. 03, 2026, which is 51% below its 10-year median of 3.59. GuruFocus rates BKK:MST-R with a GF Score™ of 58/100 and a GF Value™ of ฿6.33. The stock has 7 warning signs investors should review. Among 812 Capital Markets companies, Maybank Securities (Thailand) PCL ranks worse than 56.03% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Maybank Securities (Thailand) PCL's Enterprise Value is ฿9,915 Mil. Maybank Securities (Thailand) PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿5,609 Mil. Therefore, Maybank Securities (Thailand) PCL's EV-to-OCF for today is 1.77.

The historical rank and industry rank for Maybank Securities (Thailand) PCL's EV-to-OCF or its related term are showing as below:

BKK:MST-R' s EV-to-OCF Range Over the Past 10 Years
Min: -47.12   Med: 3.59   Max: 81.99
Current: 1.75

During the past 13 years, the highest EV-to-OCF of Maybank Securities (Thailand) PCL was 81.99. The lowest was -47.12. And the median was 3.59.

BKK:MST-R's EV-to-OCF is ranked worse than
56.03% of 812 companies
in the Capital Markets industry
Industry Median: 0.2 vs BKK:MST-R: 1.75

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-03), Maybank Securities (Thailand) PCL's stock price is ฿6.85. Maybank Securities (Thailand) PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.463. Therefore, Maybank Securities (Thailand) PCL's PE Ratio (TTM) for today is 14.79.


Maybank Securities (Thailand) PCL  (BKK:MST-R) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Maybank Securities (Thailand) PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.85/0.463
=14.79

Maybank Securities (Thailand) PCL's share price for today is ฿6.85.
Maybank Securities (Thailand) PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.463.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Maybank Securities (Thailand) PCL EV-to-OCF Related Terms


Maybank Securities (Thailand) PCL EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) PCL's EV-to-OCF 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 EV-to-OCF Chart

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.49 4.03 8.84 20.30 1.42

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
EV-to-OCF 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 82.38 2.47 1.75 1.42 1.70

BKK:MST-R vs MS, GS, SCHW: EV-to-OCF Comparison

For the Capital Markets subindustry, Maybank Securities (Thailand) PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's EV-to-OCF falls into.


BKK:MST-R
58GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maybank Securities (Thailand) PCL EV-to-OCF Calculation

Maybank Securities (Thailand) PCL's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9914.827/5609.314
=1.77

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,915 Mil.
Maybank Securities (Thailand) PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿5,609 Mil.

* 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 EV-to-OCF →
What does a EV-to-OCF of 1.77 mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a EV-to-OCF of 1.77 as of Jul. 03, 2026. This is 51% below median its historical median of 3.59. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #455 out of 812 companies in the Capital Markets industry, placing it in the top 56%.
Is Maybank Securities (Thailand) PCL's EV-to-OCF too high?
Maybank Securities (Thailand) PCL's current EV-to-OCF of 1.77 is 51% below median its 10-year median of 3.59. The Capital Markets industry median EV-to-OCF is 0.20. Maybank Securities (Thailand) PCL's value of 1.77 is 785% above this industry median. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #455 out of 812 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's EV-to-OCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #455 out of 812 companies for EV-to-OCF. This places Maybank Securities (Thailand) PCL in the lower half of its industry. The industry median EV-to-OCF is 0.20. Maybank Securities (Thailand) PCL's value of 1.77 is 785% above this benchmark. While the company's 10-year median is 3.59 vs. the industry median of 0.20, 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 EV-to-OCF for a Capital Markets company?
The median EV-to-OCF among Capital Markets companies is 0.20, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maybank Securities (Thailand) PCL's current EV-to-OCF of 1.77 is 785% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median EV-to-OCF is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maybank Securities (Thailand) PCL's current EV-to-OCF is 1.77, which is 51% below median its own 10-year median of 3.59. 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 EV-to-OCF of 1.77. The stock's GF Value™ is ฿6.33, compared to a current price of ฿6.85 — trading 8.2% above its estimated fair value. The current EV-to-OCF is 1.77, which is 51% below median its 10-year median of 3.59 and 785% above the Capital Markets industry median of 0.20. Maybank Securities (Thailand) PCL's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current EV-to-OCF is 1.77 as of Jul. 03, 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 8.2% above its estimated GF Value™ of ฿6.33.

Key valuation signals for BKK:MST-R:

  • EV-to-OCF: 1.77 (51% below median its 10-year median of 3.59)
  • GF Value™: ฿6.33 vs. price of ฿6.85 (8.2% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 785% above the Capital Markets median (#455 of 812)

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.
58GF Score

Get the complete analysis for BKK:MST-R

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.85
Price
฿6.33
GF Value