Maybank Securities (Thailand) PCL (BKK:MST-R) Enterprise Value: ฿9,772 Mil (As of Jun. 24, 2026) ***


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 Enterprise Value?

Maybank Securities (Thailand) PCL BKK:MST-R 59 Enterprise Value is ฿9,772 Mil as of Jun. 24, 2026. 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Maybank Securities (Thailand) PCL's Enterprise Value is ฿9,772 Mil. Maybank Securities (Thailand) PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿640 Mil. Therefore, Maybank Securities (Thailand) PCL's EV-to-EBIT ratio for today is 15.28.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Maybank Securities (Thailand) PCL's Enterprise Value is ฿9,772 Mil. Maybank Securities (Thailand) PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿761 Mil. Therefore, Maybank Securities (Thailand) PCL's EV-to-EBITDA ratio for today is 12.84.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Maybank Securities (Thailand) PCL's Enterprise Value is ฿9,772 Mil. Maybank Securities (Thailand) PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,461 Mil. Therefore, Maybank Securities (Thailand) PCL's EV-to-Revenue ratio for today is 6.69.

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 ฿9,772 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 ratio for today is 1.74.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Maybank Securities (Thailand) PCL's Enterprise Value is ฿9,772 Mil. Maybank Securities (Thailand) PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿5,574 Mil. Therefore, Maybank Securities (Thailand) PCL's EV-to-FCF ratio for today is 1.75.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Maybank Securities (Thailand) PCL  (BKK:MST-R) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Maybank Securities (Thailand) PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9772.123/639.521
=15.28

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil.
Maybank Securities (Thailand) PCL's EBIT 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 ฿640 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Maybank Securities (Thailand) PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9772.123/760.835
=12.84

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil.
Maybank Securities (Thailand) PCL's EBITDA 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 ฿761 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Maybank Securities (Thailand) PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9772.123/1460.942
=6.69

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil.
Maybank Securities (Thailand) PCL's Revenue 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 ฿1,461 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9772.123/5609.314
=1.74

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 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.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Maybank Securities (Thailand) PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=9772.123/5574.107
=1.75

Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil.
Maybank Securities (Thailand) PCL's Free Cash Flow 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 ฿5,574 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.


Maybank Securities (Thailand) PCL Enterprise Value Related Terms


Maybank Securities (Thailand) PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) PCL's Enterprise Value 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 Enterprise Value Chart

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,759.65 19,422.99 17,927.13 16,930.61 9,441.77

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
Enterprise Value 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 15,389.11 11,929.14 8,825.10 9,441.77 9,572.34

BKK:MST-R vs MS, GS, SCHW: Enterprise Value Comparison

For the Capital Markets subindustry, Maybank Securities (Thailand) PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Capital Markets Industry

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

* The bar in red indicates where Maybank Securities (Thailand) PCL's Enterprise Value falls into.


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

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

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

* 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 Enterprise Value →
What does a Enterprise Value of ฿9,772 Mil mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a Enterprise Value of ฿9,772 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Maybank Securities (Thailand) PCL and its competitors.
Is Maybank Securities (Thailand) PCL's Enterprise Value too high?
Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil. 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 Enterprise Value compare to MS and GS?
Maybank Securities (Thailand) PCL's Enterprise Value of ฿9,772 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Capital Markets company?
A good Enterprise Value depends on the Capital Markets industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Maybank Securities (Thailand) PCL and its competitors. Maybank Securities (Thailand) PCL's current Enterprise Value is ฿9,772 Mil. 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 Enterprise Value of ฿9,772 Mil. 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 Enterprise Value is ฿9,772 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current Enterprise Value is ฿9,772 Mil as of Jun. 24, 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:

  • Enterprise Value: ฿9,772 Mil
  • GF Value™: ฿6.44 vs. price of ฿6.85 (6.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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

Get the complete analysis for BKK:MST-R

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

฿6.85
Price
฿6.44
GF Value