Master Style PCL (BKK:MASTER) Net Income: ฿203 Mil (TTM As of Mar. 2026)

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BKK:MASTER Master Style PCL BKK:MASTER
56 GF Score
Price ฿8.80
GF Value ฿41.58
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Master Style PCL Net Income?

Master Style PCL BKK:MASTER -0.56% 56 Net Income is ฿203 Mil as of Mar. 2026. GuruFocus rates BKK:MASTER with a GF Score™ of 56/100 and a GF Value™ of ฿41.58 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Master Style PCL's Net Income for the three months ended in Mar. 2026 was ฿61 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿203 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Master Style PCL's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ฿0.20.


Master Style PCL  (BKK:MASTER) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Master Style PCL's Earnings per Share (Diluted) (EPS) 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Master Style PCL Net Income Related Terms


Master Style PCL Net Income Historical Data

* Premium members only.

The historical data trend for Master Style PCL's Net Income 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.

Master Style PCL Net Income Chart

Master Style PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial 128.56 162.80 416.30 507.75 198.00

Master Style PCL Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 55.76 52.77 43.38 46.09 61.03
BKK:MASTER
56GF Score
Master Style PCL BKK:MASTER
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Master Style PCL Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Master Style PCL's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=248.079+-50.078+0+0
=198

Master Style PCL's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=71.91+-10.884+0+7.105427357601E-15
=61

Net Income 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 ฿203 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 Net Income →
What does a Net Income of ฿203 Mil mean?
Master Style PCL (BKK:MASTER) has a Net Income of ฿203 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Master Style PCL and its competitors.
Is Master Style PCL's Net Income too high?
Master Style PCL's current Net Income is ฿203 Mil. Overall, Master Style PCL has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Master Style PCL's Net Income compare to HCA and THC?
Master Style PCL's Net Income of ฿203 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Healthcare Providers & Services company?
A good Net Income depends on the Healthcare Providers & Services industry context. However, Net Income 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 Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Master Style PCL and its competitors. Master Style PCL's current Net Income is ฿203 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Style PCL stock overvalued right now?
Based on GuruFocus' analysis, Master Style PCL (BKK:MASTER) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿41.58, compared to a current price of ฿8.80 — trading 78.8% below its estimated fair value. The current Net Income is ฿203 Mil. Master Style PCL's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Master Style PCL (BKK:MASTER), the current Net Income is ฿203 Mil 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 Master Style PCL (BKK:MASTER) Overvalued in 2026?

Based on GuruFocus' analysis, Master Style PCL stock appears to be undervalued. The current stock price of ฿8.80 is trading 78.8% below its estimated GF Value™ of ฿41.58. GuruFocus considers Master Style PCL to be Significantly Undervalued.

Key valuation signals for BKK:MASTER:

  • Net Income: ฿203 Mil
  • GF Value™: ฿41.58 vs. price of ฿8.80 (78.8% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Master Style PCL Business Description

Address 99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300
Master Style PCL is principally engaged in a cosmetic surgery hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include: eye surgery, Nose surgery, Facial surgery, Hair transplant Liposuction and others. The company has two principal segments; Hospital business, which generates the majority of the revenue, and the trading of cosmetic products.
56GF Score

Get the complete analysis for BKK:MASTER

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

฿8.80
Price
฿41.58
GF Value