MBK PCL (BKK:MBK-R) Intrinsic Value: Projected FCF: ฿34.12 (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:MBK-R MBK PCL BKK:MBK-R
77 GF Score
Price ฿22.46
GF Value ฿18.68
! 11 Warning Signs
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What is MBK PCL Intrinsic Value: Projected FCF?

MBK PCL BKK:MBK-R +0.26% 77 Intrinsic Value: Projected FCF is ฿34.12 as of Aug. 29, 2026. GuruFocus rates BKK:MBK-R with a GF Score™ of 77/100 and a GF Value™ of ฿18.68. The stock has 11 warning signs investors should review. Among 423 Conglomerates companies, MBK PCL ranks better than 61.23% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-29), MBK PCL's Intrinsic Value: Projected FCF is ฿34.12. The stock price of MBK PCL is ฿22.4579. Therefore, MBK PCL's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

The historical rank and industry rank for MBK PCL's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:MBK-R' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.57   Med: 1.08   Max: 1.96
Current: 0.65

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of MBK PCL was 1.96. The lowest was 0.57. And the median was 1.08.

BKK:MBK-R's Price-to-Projected-FCF is ranked better than
61.23% of 423 companies
in the Conglomerates industry
Industry Median: 0.88 vs BKK:MBK-R: 0.65

MBK PCL  (BKK:MBK-R) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

MBK PCL's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.4579/33.578858321086
=0.67

* 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.


MBK PCL Intrinsic Value: Projected FCF Related Terms


MBK PCL Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for MBK PCL's Intrinsic Value: Projected 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.

MBK PCL Intrinsic Value: Projected FCF Chart

MBK PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.12 12.86 14.21 18.78 25.44

MBK PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 20.86 22.83 25.44 29.24 29.53

BKK:MBK-R vs MMM, HON: Intrinsic Value: Projected FCF Comparison

For the Conglomerates subindustry, MBK PCL's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


MBK PCL Price-to-Projected-FCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where MBK PCL's Price-to-Projected-FCF falls into.


BKK:MBK-R
77GF Score
MBK PCL BKK:MBK-R
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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MBK PCL Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get MBK PCL's Free Cash Flow(6 year avg) = ฿2,265.00.

MBK PCL's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.069800320413*2265.00032+29461.772*0.8)/1650.965
=33.58

* 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.

What does a Intrinsic Value: Projected FCF of ฿34.12 mean?
MBK PCL (BKK:MBK-R) has a Intrinsic Value: Projected FCF of ฿34.12 as of Aug. 29, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on MBK PCL and its competitors. According to the industry distribution chart, MBK PCL ranks #164 out of 423 companies in the Conglomerates industry, placing it in the top 38.8%.
Is MBK PCL's Intrinsic Value: Projected FCF too high?
MBK PCL's current Intrinsic Value: Projected FCF is ฿34.12. Based on the distribution chart, MBK PCL ranks #164 out of 423 companies in the Conglomerates industry, which is above the industry midpoint. Overall, MBK PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's Intrinsic Value: Projected FCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, MBK PCL ranks #164 out of 423 companies for Intrinsic Value: Projected FCF. This puts MBK PCL in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Conglomerates company?
The median Intrinsic Value: Projected FCF among Conglomerates companies is 0.88, based on 423 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on MBK PCL and its competitors. For the Conglomerates industry, the median Intrinsic Value: Projected FCF is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current Intrinsic Value: Projected FCF is ฿34.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
MBK PCL (BKK:MBK-R) has a current Intrinsic Value: Projected FCF of ฿34.12. The stock's GF Value™ is ฿18.68, compared to a current price of ฿22.46 — trading 20.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is ฿34.12. MBK PCL's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For MBK PCL (BKK:MBK-R), the current Intrinsic Value: Projected FCF is ฿34.12 as of Aug. 29, 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 MBK PCL (BKK:MBK-R) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿22.46 is trading 20.2% above its estimated GF Value™ of ฿18.68.

Key valuation signals for BKK:MBK-R:

  • Intrinsic Value: Projected FCF: ฿34.12
  • GF Value™: ฿18.68 vs. price of ฿22.46 (20.2% above fair value)
  • GF Score™: 77/100 with 11 warning signs

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


MBK PCL Business Description

Other Exchanges MBK:Thailand
Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK-R

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

฿22.46
Price
฿18.68
GF Value