Maybank Securities (Thailand) PCL (BKK:MST-R) EV-to-FCF: 1.75 (As of Jun. 24, 2026) — 52% Below 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 EV-to-FCF?

Maybank Securities (Thailand) PCL BKK:MST-R 59 EV-to-FCF is 1.75 as of Jun. 24, 2026, which is 52% below its 10-year median of 3.64. 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 443 Capital Markets companies, Maybank Securities (Thailand) PCL ranks better than 74.04% on this metric.

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 for today is 1.75.

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

BKK:MST-R' s EV-to-FCF Range Over the Past 10 Years
Min: -40.62   Med: 3.64   Max: 101.75
Current: 1.75

During the past 13 years, the highest EV-to-FCF of Maybank Securities (Thailand) PCL was 101.75. The lowest was -40.62. And the median was 3.64.

BKK:MST-R's EV-to-FCF is ranked better than
74.04% of 443 companies
in the Capital Markets industry
Industry Median: 9.42 vs BKK:MST-R: 1.75

EV-to-FCF 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 (2026-06-24), 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-FCF Explanation

EV-to-FCF 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


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


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

* Premium members only.

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

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.44 4.10 9.11 21.21 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-FCF 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 102.23 2.49 1.76 1.42 1.71

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

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

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

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


BKK:MST-R
59GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

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

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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 1.75 mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a EV-to-FCF of 1.75 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Maybank Securities (Thailand) PCL and its competitors. This is 52% below median its historical median of 3.64. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #115 out of 443 companies in the Capital Markets industry, placing it in the top 26%.
Is Maybank Securities (Thailand) PCL's EV-to-FCF too high?
Maybank Securities (Thailand) PCL's current EV-to-FCF of 1.75 is 52% below median its 10-year median of 3.64. The Capital Markets industry median EV-to-FCF is 9.42. Maybank Securities (Thailand) PCL's value of 1.75 is 81.4% below this industry median. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #115 out of 443 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 EV-to-FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #115 out of 443 companies for EV-to-FCF. This puts Maybank Securities (Thailand) PCL in the upper half of its industry. The industry median EV-to-FCF is 9.42. Maybank Securities (Thailand) PCL's value of 1.75 is 81.4% below this benchmark. While the company's 10-year median is 3.64 vs. the industry median of 9.42, Maybank Securities (Thailand) PCL has consistently been below 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-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.42, based on 443 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 1.75 is 81.4% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Maybank Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.42 — 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-FCF is 1.75, which is 52% below median its own 10-year median of 3.64. 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-FCF of 1.75. 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 EV-to-FCF is 1.75, which is 52% below median its 10-year median of 3.64 and 81.4% below the Capital Markets industry median of 9.42. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current EV-to-FCF is 1.75 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:

  • EV-to-FCF: 1.75 (52% below median its 10-year median of 3.64)
  • GF Value™: ฿6.44 vs. price of ฿6.85 (6.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 81.4% below the Capital Markets median (#115 of 443)

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

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

฿6.85
Price
฿6.44
GF Value