Maybank Securities (Thailand) PCL (BKK:MST-R) Net Income: ฿265 Mil (TTM As of Mar. 2026)


BKK:MST-R Maybank Securities (Thailand) PCL BKK:MST-R
58 GF Score
Price ฿6.85
GF Value ฿6.33
! 7 Warning Signs
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What is Maybank Securities (Thailand) PCL Net Income?

Maybank Securities (Thailand) PCL BKK:MST-R 58 Net Income is ฿265 Mil as of Mar. 2026. GuruFocus rates BKK:MST-R with a GF Score™ of 58/100 and a GF Value™ of ฿6.33. The stock has 7 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. Maybank Securities (Thailand) PCL's Net Income for the three months ended in Mar. 2026 was ฿176 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿265 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Maybank Securities (Thailand) PCL's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ฿0.31.


Maybank Securities (Thailand) PCL  (BKK:MST-R) 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:

Maybank Securities (Thailand) 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.


Maybank Securities (Thailand) PCL Net Income Related Terms


Maybank Securities (Thailand) PCL Net Income Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL Net Income Chart

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 760.79 628.23 364.91 462.13 220.51

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
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 Premium Member Only 131.69 2.19 64.12 22.51 175.73
BKK:MST-R
58GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Maybank Securities (Thailand) 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

Maybank Securities (Thailand) 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
=277.285+-56.776+0+-2.8421709430404E-14
=221

Maybank Securities (Thailand) 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
=218.607+-42.877+0+0
=176

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 ฿265 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 ฿265 Mil mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a Net Income of ฿265 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Maybank Securities (Thailand) PCL and its competitors.
Is Maybank Securities (Thailand) PCL's Net Income too high?
Maybank Securities (Thailand) PCL's current Net Income is ฿265 Mil. 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 Income compare to MS and GS?
Maybank Securities (Thailand) PCL's Net Income of ฿265 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 Net Income for a Capital Markets company?
A good Net Income depends on the Capital Markets 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 Maybank Securities (Thailand) PCL and its competitors. Maybank Securities (Thailand) PCL's current Net Income is ฿265 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 Net Income of ฿265 Mil. The stock's GF Value™ is ฿6.33, compared to a current price of ฿6.85 — trading 8.2% above its estimated fair value. The current Net Income is ฿265 Mil. 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 Income calculated?
Net Income is calculated from a company's financial statements. For Maybank Securities (Thailand) PCL (BKK:MST-R), the current Net Income is ฿265 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 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 8.2% above its estimated GF Value™ of ฿6.33.

Key valuation signals for BKK:MST-R:

  • Net Income: ฿265 Mil
  • GF Value™: ฿6.33 vs. price of ฿6.85 (8.2% above fair value)
  • GF Score™: 58/100 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.
58GF Score

Get the complete analysis for BKK:MST-R

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

฿6.85
Price
฿6.33
GF Value