The historical rank and industry rank for Maybank Securities (Thailand) PCL's Net Cash per Share or its related term are showing as below:
BKK:MST-R's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 6.06 * Ranked among companies with meaningful Price-to-Net-Cash only.
Maybank Securities (Thailand) PCL (BKK:MST-R) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Maybank Securities (Thailand) PCL Net Cash per Share Related Terms
Maybank Securities (Thailand) PCL Net Cash per Share Historical Data
* 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 Net Cash per Share Chart
BKK:MST-R vs MS, GS, SCHW: Net Cash per Share Comparison
For the Capital Markets subindustry, Maybank Securities (Thailand) PCL's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Maybank Securities (Thailand) PCL's Price-to-Net-Cash falls into.
Maybank Securities (Thailand) PCL Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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 (BKK:MST-R) has a Net Cash per Share of ฿-22.31 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Maybank Securities (Thailand) PCL and its competitors. According to the industry distribution chart, Maybank Securities (Thailand) PCL ranks #999999 out of 230 companies in the Capital Markets industry.
Is Maybank Securities (Thailand) PCL's Net Cash per Share too high?
Maybank Securities (Thailand) PCL's current Net Cash per Share is ฿-22.31. Based on the distribution chart, Maybank Securities (Thailand) PCL ranks #999999 out of 230 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. 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 Net Cash per Share compare to MS and GS?
According to the Capital Markets industry distribution chart, Maybank Securities (Thailand) PCL ranks #999999 out of 230 companies for Net Cash per Share. This places Maybank Securities (Thailand) PCL in the lower half of its industry. The industry median Net Cash per Share is 6.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 6.06, based on 230 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Maybank Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median Net Cash per Share is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maybank Securities (Thailand) PCL's current Net Cash per Share is ฿-22.31. 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 Net Cash per Share of ฿-22.31. The stock's GF Value™ is ฿6.02, compared to a current price of ฿6.85 — trading 13.8% above its estimated fair value. The current Net Cash per Share is ฿-22.31. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current Net Cash per Share is ฿-22.31 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 13.8% above its estimated GF Value™ of ฿6.02.
Key valuation signals for BKK:MST-R:
Net Cash per Share: ฿-22.31
GF Value™: ฿6.02 vs. price of ฿6.85 (13.8% above fair value)
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
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
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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